Charity registration number.. 296892
Chieveley Recreational Centre
Annual Report and Finan¢ial S￿¢m¢nts
for th¢ Year Et￿ed 30 April 2025

Chieveley Re¢reatioDal Centre
Contents (continued)
Reftrence and Athninistrative Details
Trustees, Report
ststement of Trnst¢¢s' Responsibilities
Independeni ExamÉncls Report
stst¢m¢Dt of Finan¢ial Activities
Balance Sheet
Notes to the FitMn¢ial Statements
71014

Chieveley Re¢regtional Centre
Reference and Administrative Details
Chairman
Neal Courtn¢y
Trn5tees
Neal Courtney
Phil Kinzett-Eva
Chris Miller
Anthea Arn)its8¢
Derek Brown
Mark Hutchin50n
Eli7abeth Brown
Richard Brant
Kimb¢Tl¢y Ragousis
Rebe¢¢a Collzens
Patricia Brown
Christopher Arniitage
Rosalind Byrne
je￿ Pocock
Ch•rity Registratio￿ NuD)l>er
296892
Prineipal Offite
Chieveley Village Hall
High Strttt
Chieveley
Bw*shire
RG20 8TZ
IndependeDt Exgrniner
Michael Wttks
Down End
Chiev¢ley
Berkshire
RG20 8TS
Page I

Chieveley Recreational C¢ntre
Trnstees, Report
The Trustee5 of Chieveley Recreational C¢ntr¢ are pleased io presettt their Annual Report forthe year ending 30
April 2025. This year has mark¢d a p¢riod of significant progress ￿]d renewed community engagemen¢
underpinned by the strate8jt dir¢¢tion of the Vision 2050 initiative and the continued d¢di¢ation of our
Executive Committe¢, volunte¢rs, and staff.
The charity's core objectives remain the provision and maint¢n2nc¢ of a village hall and re¢reation ground for
the benefii of ail inhabitaTLt5 of Chieveley parish, without distinction. This includes htssting meetings, cl&sses,
and reereationa] activiti¢s aimed at improving the quality of life for our cornmunity.
2025 saw a 5ub5tantial increase in total inwme, rising by 68 /0 to £105.454, driven by higher hall and ground
rents, su¢c¢$sful futtdrai5ing efforts. and generou5 grant suprK>rt. Notably, grant in¢om¢ quadwpled. with
£31,000 all0¢8t¢d to th¢ VLSLon 2050 project. Expenditure decr&￿ed si8nifLCatitly to £58,017, followirtg the
mpl¢tion of major capital works in the previous year, resllliing in a Det surplus of £47.437. Thi5 financial
stability ha5 enabled the Centre to stret)8then its r¢s¢tv¢s ond prepare for future investment.
Operationally, the Centre h&8 flollrith¢d. The Booking M#nag¢r reported Steady bookings, with children's
parties remaining popular new efforts underway to attr&¢t weddings and celebration5. Weekday usage of the
main hall 1$ near ¢apa¢ity, and weekend and evening slots-particularly in the Clubroom-arc being actively
promoted. The launch of new aGttvitie5 such as yoga classes and the Chievel¢y Table Temlis Club has
broad¢n¢d our community offering. with strong initial interest growth w>t¢ntial.
The Chainnan's r¢port highlight¢d s¢veTal key developments. including the plan5 for installation of 8 new roof
with solar panels, the removal of asbestos, and the refitrbishment of the ladies, toilets. Thcse improvements will
not only enhan¢e the user experience but also contribute to long-tenn sustainability. Additiona] upgrades will
include blackout blinds in the main hall, improved Wi-Fi (s¢h¢duled for Q4), and the rrration of a wilding area
and nature trail. Plans are also und¢rway to ¢xploi¢ th¢ viability of 4 Chi¢v¢ley Community Café. with a
potential launch in 2026.
The"Fricnd5 of Chiev¢l¢y Village Ha]I" voluntetr scheme has been a resoundin8 success. with 20 new helpers
SUPPQrting hall and grounds maintttwice. in¢luding our annual market5. This initiative has Significantly
bolstered our operational c¥tacity and comtnunity Spirit.
Financially* the Centre remains in a robust position. FuAds to £199.331. and new designated fimds were
estsblished to support capital and strategic projects. The Tr¢asur¢r Introdu¢￿ d¢pf¢ciation ac¢owitin8 for
long-tenn aS￿ls, ¢nhan¢ing financial transparency and govemance.
oking ahead, the Trusiees are focused on se¢uring fijnding for fithher improvements, including full insulatio
c￿friendlY heating. rewiring. acoustic soundproofjng. and refivbishment of the gent's toilets. These proj¢£t$
are essentia] to future"proofing the Centre and ensuring it remains a vibrant hub for generations to eom¢.
The Tntstees &xtend th¢ir h¢artfelt thanks to all vol￿teerS, Staff, aftd community members who ha
contributed to this y¢ar's su¢¢¢$$¢s. Th¢ continued support from Chieveley PaTi5h Council and local event
Or80￿lS¢rS a]so b¢¢n inyaluable.
In conclusion. 2025 has been a forniative year for Chieveley Recreational Centre. With Strong financial
foundation5, a clear strY4tegic vision, and an et)gaged communty, the Trn5tee5 are confident in the Cethtre's
continued growth at)d relevance. We Temain COTnmitted to in¢lusivity, sustainability, and excellence in Service to
our parish.
Page 2

Chieveley Recreational Centr¢
Statement of Trustees, Responsibilities
The tn]stees are responsible for preparing the lrnslees, report and the finaneiai ststements in ￿cOrdan¢¢ with the
United Kingdom Accounting Standard% (United Kingdom Genera]ly A¢wt¢d Accounting Practice) atKI
applicable law and Jrgulations.
The law app]i￿ble to charities requires the trusiees to prepare financial statements for each financid year which
give a true alld fair view of the state of affairs of the charity and of the incoming resources and application of
resour¢e5 of th¢ charity for that period. In preparing these financial statem¢nts. the trUStee$ are required to:
select suitsble accounting policies and then apply them consistently-
observe ihe m¢thods and principles in the Charities SORP-
make judgements and estimates that are r¢asonabl¢ and prudenL
state whether appli¢able accountin8 standards have been followed subject to any material departures
dhs¢los¢d ond explained in th¢ financial ststements. and
pr¢pare the fJnaneia] staternents on the goiD8 concern basis unless it is inappropriale to presume that th¢
charity will continue in business.
The tsustees are responsible for keepin8 proper accounting records thai disclose with r¢a50nable accuracy at any
titlle the financial position of th¢ ¢harity and enable them to ensure that th¢ finaTh¢iaJ stst¢ments comply with the
Charities Act 2011. the Charitkes (A¢¢ounts and Reports) Re8ulations 2008. 9￿d the provisions of th¢
¢ODStitlltion. The tNstecs ar¢ also responsible for safeguarding the ￿sets of the clwity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees art respollsible for the maintenan¢¢ and integrity of the COTporate and financial inforn)ation
included on the charitable company'5 Wtb5it¢. Legislation governiDg the preparation and di5seminatiotJ Of
financial statements may diff¢r from 1¢gi$￿10n in other jurisdiclions.
Approved by the trust¢¢s of the ¢h0rity Oth .
..￿.4. and si￿ed on its behalf by..
Neal Courtney
Chaimiatt and tsuste¢
Page 3

Chieveley Recreational Centre
Independent Examiner'$ Report to the trustees of Chieveley Reere*tional C¢ntre
I retrf)rt to the trustees on my ¢xamination of the arGount5 of Chicveley Recreationa] Centre for the y¢ar ¢nd¢d
30 April 2023.
Responsibilities And of report
As the charity trustees of Chieveley Recr¢ational Centr¢ you 8T¢ r¢sp)nsibl¢ for th¢ pr¢paraiion of th¢ ac¢ounts
in aecordanee with the requirements of the Charities Act 2011 ('th¢ A¢t').
I report in respect of my examination of the Chieveley Recreational Centre's accounts carried out und¢r s¢ction
145 tsf the 2011 Act and in ¢￿ing out my examination I hav¢ followed all the applicable Directions given by
the Charity Commission under section 145(5)Ibl of the Act.
IDdependent eiaminer'8 ststement
I have completed my ¢xamination. l confimi that no material tnatters have ctsme to nty attention in ¢otineetion
with the examination 8ivin8 me cause to beli¢v¢ that in any mat¢rial ￿Spect.
l. accounting records were not kept in respect of Chieveley Recreationa] Centre ￿ requkred by section 130 of
the Act., or
2. the accounts do not accord with those records. or
3. the accounts do not Comply with the accounting requirements concerning the fomi and Content of a¢counts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true aTJd fair view whith 15 not a matter considered as part of an independent
examination.
I have nts co
51MTruld bc
erns and have eotne across no other matter5 in connectton with the examination to which attention
in thi5 report in order to enable a proper understsnding of the accounts to be rexhed.
Mi¢ha¢l We
Iktwl End
Chieveley
B¢rkshir¢
RG20 8TS
Iyz¥
Page 4

Cbieveley Recreational CeDlre
Statement of Financial Activities for the Year EDded 30 April 2025
Unrestrieted
nds
Restricted
ds
Totll
2025
Note
lrycome 8nd Endowments from:
Day to day activitits
Grants received
Fundraising
Gift aid Claims
51.843
31,643
16.700
84
51,843
36.827
16.700
84
5.184
Total i￿Ome
100.270
5.184
105,454
Expenditure on:
Charitable activities
(55,104)
(2,913)
(58.017)
Total expenditure
(55,104)
(2,913)
(58,017)
Net income
Gr05s transfers between funds
45,166
5,450
2,271
(5.450)
47,437
Net movement in fimds
50.616
(3.1791
47,437
Rec0￿ClI18t1fjll of ￿lld5
Total funds brought f0t￿ard
129,988
21,906
151.894
Totsl fimds carri¢d forw4rd
180,604
18,727
199,331
T•t41
2024
U￿restrICted
f￿￿d$
Rtstrict*d
fund
Not¢
IDcome Endowments from:
Day to day activities
Grants received
Fundraising
Gift aid claims
41.196
41,196
8.169
12,427
840
8.169
12,427
840
Tirtal income
54.463
8.169
62,632
Expendlture oll:
Charitable activities
Playground proje¢t (net of donations received)
(41.776)
(3.074)
(78.599)
{44.850)
(78,599)
Total expenditure
(41.776)
81,673)
{123.4491
Nei incomel{expenditure)
12.687
(73,504)
160.817)
N¢t movement in ￿ndS
12,687
(73,504)
(60,817)
Rec•Deili*tiort of futsds
Total fvnds brought fonyard
Total hnds carried fonvard
117.301
95,410
212,711
129.988
21.906
151.894
All of the charity's a¢tiVLties derive frnm continuing operatioDS during the above two periods.
The notts PM8¢5 7 to 14 form 4n int¢gr41 partof th¢5¢ financial slat¢m¢nts.
Pag¢ 5

Chieveley Reereational Centre
(Registration number: 296892)
Balance Sheet as at 30 April 2025
21125
2024
Note
Fixed assets
Tangible assets
Currertt *S5ets
Cash at and in hand
1.808
200,589
153,829
Creditor5: AmouDts falling due within One ye*r
io
(3,066
(1,935)
N¢¢ Current 493ets
197,523
151,594
Net Assets
199.331
151.894
Funds of the Charlty:
Restrit¢ed Incom¢ fund$
R¢stri¢ted
18,727
21,906
Unrestrleted iucome
Unrestricted fimds
180.604
129,988
Totsl fund5
li
199.331
151,894
The fiDan¢ia] stst¢rnents on pages S to 14 were approved by the trustees. Y4Uthorised for issue on
7.1i.q.k<. and signed ontheir behalf by..
Neal Courtney
Chairnian and trws¢e¢
The notes on pages 7 to 14 form an inte8ra] p￿Of these financia] statements.
Pag¢ 6

Chieveley Recreational Centre
Notes to the Financial Statements for the Year Ended 30 April 2025
l Ae£ouD¢in% policie5
St*temeDt of eompliallce
The financia] statements have been prepared in accordance with the second edition of the Charities Stst¢m¢nt of
Re¢ommended Prd¢tl¢¢ 15sued in October 2019, the Financial Reporting Standard applicable in the United
Kingdom and Republi¢ of Ireland (FRS 102) and th¢ Chariti¢s Act 2011.
Basi5 of prepAratio
Chieveley R¢¢r¢aiional C¢ntr¢ me¢ts th¢ d¢finition of a publi¢ b¢n¢fit ¢Thtity under FRS 102. The accounts
(riTJanrial 5tat¢Tn¢nts) hav¢ been p￿pared under th¢ hi5torica] c05t conv¢ntion with items recognised at Cost or
trdnsaction value unless Otherwise stated in the relevant notels} to these aecounts.
Golng concern
The trnstees consider that there are no material uncertainties about the charity's ability tr) ￿nt]tille as a 80iiig
concern.
Income and eDdowments
Voluntary income incllldin8 donations, gifts, lega¢i¢s and grants that provid¢ ¢or¢ fimding or are of a g¢nerni
nature 15 recognised when the charity h&s entitlem¢Tht to th¢ in¢om¢, it is probabl¢ that th¢ in¢ome will b¢
r¢¢eiv¢d and th¢ amoutlt ¢an b¢ m¢&sur¢d with suffi¢i¢nt reliability.
Expenditur•
All expendittwe is re¢ognised on¢£ there is a legal or Gon5tructive obligation to that expenditurc, it 15 probable
settlement is required and the amount ¢an be m¢asur¢d reliably. All ¢osts are allocated to the applicable
expenditure headi￿ aggregate si]nilar costs to that cate80ry. Where costs ¢gnnot b¢ dir¢rtly attributed to
particular headings They have been allocated on a basis COll5i5tent with the use of resources, with centrdl staff
sts allorat¢d on the basis of time spent, and depreciation charges allocated th¢ portion of th¢ ass¢t's us¢.
Other support costs are allocat¢d based on th¢ spr¢ad of staff costs.
TaDgible lIx￿ 4$￿ts
Indhvidual fix¢d assets ¢OSting £100.00 or more are initially word¢d at cost, less any subsequent ￿¢uMUlated
d¢pre¢i&tion and subs￿u¢￿t accumulated impairnient losses.
Deprttisti•￿ xmortis4ti•
Depreciation is provided on tangible fjxed &sset$ $0 4$ to write off the c05t or valuatkon. less any estimated
r￿Idual value. over their expected USefi￿ ecoJK)mic life as follows:
Asset eliss
Furniture and e4uipment
Depretiatloll method #nd rnte
200/ti Straight lin¢ basis
Cash cash equivAlents
Cash and cash equivalttsts comprise ¢ash on ltsnd and call deposits. and oth¢r short-t¢rn) highly liquid
investments that are readily convertible to a known amount of eash and are subject to at) insi8nifi¢ant risk of
change in value.
Page 7

Chievel¢y Recreational Centre
Not¢s to the Finan¢ial Statements for the Year Ended 30 April 2025 (continued}
Fund $trutt￿re
Unrcstrieted income funds ar¢ general fi]nd$ that are av8ilable for use at the trustees discretion in furtherance of
th¢ obj¢¢tiv¢$ of the charity.
Restricted income funds are those donated for use in a particular arvd or for specific purpose& the use of whi
1$ restricted to that area or purpose.
2 Ineome from day to day *divitie3
Utsrestrlcted
nds
GenerAI
Tot*1
2025
Hall and ground rents
Bank int¢rest received
Clothing bank receipts
Market rents
Pole wayleave
44.243
5,806
1,400
371
23
44,243
5,806
1.400
371
23
51.843
51.843
UThre5tricted
funds
Gentral
Total
2024
H7411 and ground rents
Other rents r¢¢¢iv¢d
Bank interest receivcd
Clothing bonk ye￿iPtS
Market rents
Pole wayl¢ave
Sundry in¢ome
36,034
I,￿5
1,258
1,207
320
23
449
36,034
1,905
1.258
1.207
320
23
449
41.196
41,196
Page 8

Chieveley Recreational Centre
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
3 Ineome from graDts received
Unrestri¢ted
funds
General
Restricted
funds
Totsl
21125
Multk use games area
Playground and grounds
Sundry
General ¢apitsl
Vision 2050
1,940
1,940
3,244
643
10.000
21,000
643
10,000
21,lJOO
31,(A3
5.184
Restrirted
fulld5
36,827
Totsl
2024
Multi use gaTll¢5 ar¢a
Playground and 8fouDds
1.940
6229
1,940
6229
8,169
8,169
4 Ine&me from fundraising
Unrestricted
fund$
General
Tot81
21125
200 Club (net of proceeds)
Cuppa n Cake {net proceeds)
Fireworks (net pro¢eeds)
Village fete (net proceeds)
Donations
East¢r Mark
2,850
891
11.252
362
735
610
2,850
891
11.252
362
735
610
16.700
16,700
UDrwlri¢t￿l
futtds
Getttral
Totsl
2024
200 Club (net of pmeeeds}
Cuppa n Cake (net proceeds)
Fireworks (net proceeds)
Village fete (net proced5)
Donation5
,877
505
9.245
130
670
1,877
505
9.245
130
670
12,427
12,427
Page 9

Chieveley Recreational Centre
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
5 ExpeThd1￿re on eharit*ble #ctivities
Unrestrirted
funds
GeDer81
Re8trAeted
funds
Totsl
2025
Wages
Cleaning Supplies
ElccthGity (net tsf r¢fimds)
18,673
3,581
8.886
247
1,197
3,680
828
865
4.431
189
925
l8,673
3.581
8.886
247
1,197
3.680
828
865
4,431
189
925
2.172
6,453
1,235
fjoo
436
708
14
113
2,547
237
Water
Insur3nce
T¢l¢phone and internet
Postage, station¢ry and ¢omputer costs
Hall maintenance
Subseription5
Sundry lin¢lusive of data protection and trJining costs)
Skate rdlnp and MUGA
Grounds maintenance
PlaygroLmd maintenance
Li¢¢n¢es
Advertising
Audit and accountancy
Bank fees
Entertainment
Vision 2050 proj¢¢t
D¢pr¢ciation
2.172
6.453
494
600
436
708
14
741
2.547
237
55,104
2.913
58.017
Page 10

Chieveley Re¢r¢2tional Centre
Notes to the Financial Ststements for the Year Ended 30 April 2025 (continued)
Unre5trieted
funds
Genergl
R¢s¢rieted
funds
Total
2024
Wages
Cleanin8 suppILes
Electricity (net of refunds)
Rates
Wat¢r
InsuraTh¢¢
Telephone and intcrnet
Hall maintenaTh¢¢
Subscriptions
Sundry (inclusive of data prote¢titsn and training costs)
Skate ramp and MUOA
Grounds maintenance
Playground maintenan¢e
Li¢¢n¢¢s
11.236
4,452
3.266
244
876
4,237
651
11236
4.452
3,266
244
876
4,237
651
4,939
180
1.594
417
11.378
307
1,073
4.939
180
1.594
417
2.473
8.905
123
1,073
41,776
3,074
44,850
6 Tru8t¢u remuneratioll #nd e5penses
No trnst¢¢s, nor any persons ¢onne¢t¢d with them, have rettiv¢d any r¢rnunerntion from the tharity during the
year. in respeet of their mles &$ trllstee.
Where trnstees incur costs directly on behalf of the Hall, these expenses are reimbursed against the productio
of a valid receipt.
7 T4xatiDn
The clwity is a registered charity and 1$ th¢r¢for¢ ¢x¢mpi from tsxation.
Pag¢ 11

Chieveley Recreational Centre
Y4otes to the Finan¢ial Statements for the Year Ended 30 April 2025 (¢ontiDyed)
8 Tangible fixed assets
Furnitsre ADd
equipment
Tot•l
Cost
Additions
2,045
2,045
At 30 April 2025
2,045
2,045
Depreei%tiort
Charge for the year
237
237
At 30 April 2025
237
237
Net book vAlue
At 30 April 2025
1.808
9 C*ih attd easb equfvalents
2025
2024
Bank current accounts
Bank deposit accounts
38,899
l61.690
17,381
136.448
200.589
153,829
10 Credltors: falling due witbiD ODe year
2025
2024
Refundable damage deposits
3.066
1,935
Page 12

Chieveley Recreational Centre
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
11 Funds
B91aDce at
31b April
2025
B41gDte at I
May 2024
Intoming
resources
Resources
¢XP¢Dded
Tr8D8fers
Unrestricted funds
Day to day fund
R¢plaeement at
regeneration r¢s¢Jv¢s fiujd
Refurbishment fi￿d
Playground attd grounds
ffijnd
G¢neTai capitsl fimd
Vision 2050 fund
15299
69,270
(48,157)
(1,497)
34.915
16.000
98,689
(16,000)
16,000
114,689
(6,947)
6,947
10.000
21.000
10,000
21,000
129,988
100270
(55,104)
5,450
180,604
Restrleted funds
Skate rarnp and MUGA
Playground capital fimd
16,456
5.450
1,940
3,244
(2,172)
(741)
16224
2,503
(5,450)
Total restrleted funds
21,906
5,184
{2,9l3)
{5,450)
18.727
Total fund5
151,894
05,454
53,017
199,331
Bal8nce gt
30 April
2024
Bal8iice At I
M*y 21123
Incoming
resourctg
R￿OUrceS
expended
Trangferg
Unrestricted funds
Day io day fvnd
Replaceme￿ at
regeneration reserves fimd
R¢furbishm¢nt fiu
Playground aDd 8rounds
fund
2,612
54.463
{32.994)
18.782)
15.299
16,000
98.689
16,0(10
98,689
{8.782)
(41,776)
8,782
117.301
54,463
129,988
Restric¢¢d
Skate ramp and MUGA fimd
Playground ¢apital fund
14.933
80,477
k,940
6.229
(417)
(81.256)
16,456
5,450
Toi#l rtstrActed
95.410
8,169
181,673)
21,906
Totsl funds
212,711
62.632
(123.449)
151.894
Page 13

Chieveley Recreational Centr¢
Notes to the Financial Statements for the Yeydr Ended 30 April 2025 (continued)
12 Analysis of net 95sets between funds
Unr¢stri¢ted
fund$
GeneTg1
Tot•1 fvnds 8¢
311 April
21125
Restricted
fuDds
Tathgible fixed assets
Current asset5
Current liabilities
1,808
181.862
{3,0661
1,808
200,589
(3,0661
199.331
18.727
Total net &8sets
180.604
18.727
Unre5trided
ds
General
Total futhds at
30 ApAI
2024
Restricted
funds
CwTent a85ets
Current liabilities
131.923
1,935
21.906
153,829
Total net assets
129.988
21.906
151.894
Pa8e 14

Chieveley Recre8tlon8l Centre
Treasurer's Report to the AGM- 10 September 2025
Year ended 30 April 2025
Treasurer's Annual Report for the Year Ended 30 April 2025
l am pleased to present the Treasurer's Annual Report for Chieveley Recreational Centre for the
financial year ending 30 April 2025. This report provides a comparative analysis of the Centre's
financial performance over the past year5, highlighting key developments, trends, and the
overall financial health of the charity.
TnWÉ Charitable Objectives
First, I thought it might be worthwhile restating what are the objectives of the CRC, as set out in its
constitution documents. so that we might have those in mind as we run through the accounts..
The provision and maintenance of a village hall and recreation ground for use of the
inhabitsnts of the parish of Chieveley
without distinction of political, religious or other opinions.
including use for meetings, lectures and classes and for other forms of recreation and
leisure time occupation.
with the object of improving the life of the said inhabitants.
Overvlew
The financial year 2025 marked a significant period for the Centre following the exceptional
expenditure in 2024 related to the playground project. Continuing with the momentum of
improving the facility, focus began to tum to Vision 2050..
Total income increased substantially from £62,632 in 2024 to £105,454 in 2025, Tepresenting a 68%
rise. This growth was driven by higher hall and ground rents, increased fundraising proceeds, and
substsntial grant income, particulady for the Vision 2050 initiative.
Expenditure decreased markedly from £123,449 in 2024 to £58,017 in 2025, reflecting the absence
of large capital projects and a more stsble operational environment. As a result, the Centre
recorded a net surplus of £47,437 in 2025, compared to a deficit of £60,817 in the previous year.

Income Analysls
Income from day-to-day activities rose from £41.196 in 2024 to £51,843 in 2025, largely due to
increased hall and ground rents and higher bank interest following my fixed rate investment of
the reserve funds with Unity Trust Bank.
Fundraising income also saw a notable increase, rising from £12,427 to £16,700, with the Fireworks
event contributing over £11,000. Gift Aid claims were modest at £84, down from £840 in 2024 but
l am anticipating an increased amount in 2026. as the bench projert resulted in further Gift Aid
claims in the early part of the current year.
Grant income nearly quadrupled, increasing from £8,169 to £36,827. This included £31,000 for the
Vision 2050 proje¢ with £21,000 being restricted to specific purposes and £10,000 being available
for general renovation funding, alongside the CPCS grants for the playground and multi-use games
area IMUGAI which the Chair and l agreed with the CPC at the back end of 2024. The CPCS grant
payments were lower for 30 April 2025 with the CPC deciding to retain the capital playground
improvement amount in their own accounts.
Expenditure Analysis
Charitable expenditure fell significantly from £123,449 in 2024 to £58,017 in 2025. The previous
year's figure included £78.599 for the playground project. which was not repeated in 2025.
Operational costs such as wages, utilities, and maintenance remained consistent, with increases in
wages and electricity costs, the former consistent with increased rates of pay and increased levels
of work to support the increased activity from letting and as preparation for thevision 2050 projecL
The year-on-year'increase. in electricity costs is remarkable, only because the 2024 year included
reclaims of historically overpaid costs which were being held on account by Scottish Power. The
reclaim of those reduced the annual cost in the P&L. In 2025 the costs paid have reflected the
months electricity used through timely submission of meter readings and so no refunds were due
in that year.
Grounds and playground maintenance costs were lower in 2025, and depreciation was introduced
at £237, reflecting new asset additions. I have begun to account for items with a useful life of more
than one year in the balance sheet. which has not been done in the past.
Restricted expenditure in 2025 was limited to £2,913, primarily for the skate ramp (which was
successfulty renovated thanks to the Grounds Manager's input) and playground maintenance
(predominantty the cost of some vandalism to the flexi-glass on the see-saw and the cost of
quarterly safety inspections} compared to £81,673 in 2024, which is hard to compare as this would
have been playground replacement costs.

Fund Mov¢ments and Reserves
The Centre's total funds increased from £151.894 to £199.331. with unrestricted funds rising from
£129,988 to £180,604. Restricted funds decreased sli9htly from £21,906 to £18,727 due to the
completion of certain capital projects.
The unrestricted Day-to-Day Fund grew from £15,299 to £34.915, reflecting the strong operating
surplus.
The RefU￿iShment Fund increased to £114,689 following a transfer of £16.000 from the
Replacernent and Regeneration Reserve, which was subsequently closed. That transfer was to
onsolidate the two funds into a single Refurbishment Replacement and Regeneration ReseNe.
New funds were established upon receipts of grants. for a General Capital Fund {£10,0001 and
Vi5i0n 2050(£21,0￿l, in anticipation of the investment in the Centre's infrastructure and strategic
development through Vision 2050 roof replacement and solar power projert along with the
refurbishment of the ladie5 toilet5. and the need to be able to demonstrate the use of grants funds
in these projects.
Balance Sheet and Flnanclal Posltlon
Cash at bank and in hand increased from £153.829 to £200,589, demonstrating improved liquidity
which was very welcome ahead of the Vision 2050 project. Creditors rose modestly from £1,935 to
£3,066, primarily due to holding more significant sums in refundable damage deposits due to
increased activity at the Hall.
Tangible fixed assets were recorded at £1,808 following new equipment purchases la key Safe, the
dog bag dispenser and its post and 14 deckchairs for use at Hall eventsl.
The reconciliation of Cash to Net Funds is as shown in the accounts..
202<
Fl¥•d ass•ts
T*wbk469dS
llssèts
Cath thtbJllkxdillhJrd
200,589
Cndlt•rs.' fthi du*•llbth ￿￿e*r
io
*ta$sets
199J31

The Centre remains in a strong financial position, with sufficient reseNes to support ongoing
operations and future projerts. The trustees continue to manage funds prudently, ensuring
sustainability and alignment with the charty'5 objectives.
Conclusion
The financial year 2025 has been one of growth for Chieveley Recreational Centre. The Centre has
successfully begun to diversify its incomè streams, and laid the groundwork fOrfUtu￿ development
through strategic grant funding.
The trustees remain committed to maintaining financial stability while investing in facilities and
services that benefit the local community.
I would like to thank all trustees, volunteers, and friend5 of the Hall for their continued dedication
and contributions throughout the year.
In particular I would like to thank the welcome efforts of our Chairman, who drives the thing
forward,. and to make a special mention and thanks to Allin Miles, who despite having moved out
of the Village has continued to give his support through the year, and continuing into the nert on
the Vision 2050 project.

CHARITY COMMISSION
FOR ENGLAND ANO WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to the trustees
Charily Namè
Chleveley Recreational Centre
On accounts for the year
ended
30 April 2025
Charity no
(rfany)
296892
Set out on pages
I report to the trustees on my examination of the accounts of the above
Charity (Yhe Trust") for the year ended 30 April 2025.
Responslbllltles and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charitles Act 2011
(Ihe Act").
I r8POrt in resped of my examination of the Trust's accounts carried out
under section 145 ofthe 2011 Act and in carying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5){b) of the Act.
Independent
examiner's statement
I have completed my examination. I confirm that no material matters have
¢ome to my attention in connection with the examination {other than that
disclosed below.) which gives me Cause to believe that in. any material
respect:
the accounting records were not kèpt in a¢¢ordance with section 130
of the Charities Act; or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirem8nts
conceming the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a Yrue and fairf view which is not a matter
consid8red as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which att8ntion should be drawn in this report in
order to enable a pr
per understanding of the accounts to be reached.
Please delete the.
in the brackets if they do not apply.
Signed:
Dato:
0311212025
Name:
Mike Weeks
Relevanl professional
qualification(s) or body
IER
Oct 2018

(rf any):
Address:
SfF
Section
Disclosure
Only complete if the examiner needs to highlight material matters of concem
(sae CC32, Independent examination of charity accounts- diredions and
guidance for examiners).
Glve here brief details of
any items that tho
examiner wishes to
disGIo$?.
IER
Od2018