REGISTERED COMPANY NUMBER- 188704 (England and Wales)
REGISTERED CHARITY NUMBER.. 297633
ort ofthe Trustees and
Una
Year Ended 31 December 20
for
Bude Haven Recreation GmurKt
Metherell Gatd Ltd
Chartered Accountants
Burn Vi
Bude
Cornwall
EX23 8BX

Contents of the Financsal Ststements
for the Y8ar Ended 31 December 2024
Pagè
R8POrt ofthe Trustses
Indepgndgnt Examlneffs Report
Statement of Flnan¢lal Aetivities
Balance Sheet
Notes to the Financial Statements

Bude Haven Recreation Ground
Re
ort of the Tnjstees
rthe Year Ended 31 De¢ember 2024
The trustees who are 8150 directors of charity for the purposes ol the Companies Act 2006. present their teport with
the finanaal statements of the charity for the year ended 31 De￿mber 2024. The twstees have adopted the provisions
ol Accounting and Reporting by Charities.. Statement ol Recommended PractKe applicab￿ to charili8s preparing their
counts in accordafi￿ with the FinaThual Repotkng Standaid applKable in the UK Repthli¢ of Ireland IFRS 1021
leffective 1 January 20191.
Ttr￿ financial statements have been prepaf8d in accoi(lanca Wbth the accounts.ng poliaes set OLrt in notes to the accounts
and comply wrth the chantys governiNJ do(￿Ment. the CharitEs Act 2011 and Accounting and Reporbng by Charities..
statetnent ol Recommervjed Piactice applicable to chari118s. preparing Ih8ii accoun15 in accordan￿ with the Financial
Reporting Startrjard applicable in the UK Reputlic of Irdarkl. leff8ctivg 1st January 20191
OBJECTIVES AND ACTIVITIES
original charter slaies that the cornpanvs aim is to promde leisure facilitEs for local rRople and ￿lIdaY W51tors at an
affordable price. Furtherrrore, the company has operated a policy which is lair both in principle and pracb'ce.
The trustees aim to achieve this by ￿ploYIng the fcAbwing strateg￿s..
al Seeking to prcynote the avaiLability of the varsou5 facilits'85 provid8d, to m8mber5 01 the public locally and by
encouraging membershlp ol the ineumtpnt clubs (tennis club. squash club and bowL% clubl.
bl Ensuring rllaintenan￿, upkeep and where possible upgrading of facilities 15 made on a regular b8SiS.
The ttjstees ffll￿t 8nsure th8 ¢ornpany remains profitable for ts survival and price incre85è5 reffect Ihis. However.
the ￿lId￿g of a substantial profit is noi an objectsve.
The companys assets are hdd to pemirt il to operate su￿$$fullY in accordan￿ with ils charter. The freehold property
ancl p￿rnIses. its rnajor asset. is in a unique posikn'on where environmental sensilivty calls for very careful rnanagement.
In setting their objectives and planning their activities the trustees have given careful con$ideratson to Ihe Charity
Commissions general guidan￿ on public benerrt.
There have been no material changes in ￿Mpany$ polioes in the past year.
ACHIEVEMENT AND PERFORMANCE
During the year the Trustees have achieved the main aims and objectives ol U)e charity, by prornoting the faCil￿e$ and
maintaining them to a high standard.
This has to continued use ol the facilitie5 by local pwple individualty and through membershp ol dubs and by
holiday visitors.
FINANCIAL REview
Financial position
The oynpanys a¢wnts show a net surF4us of£42,010, ccynpared to £24.697 in 2023.
IncomirrfJ ￿$Our￿ show a inc¥ease of £48,g99 from £119,824 in 2023 to £168,823 in 2024. The companws principal
funding SOU￿ is the provBion of faalith"es. The majoftty of income received Is trom the prowsion of crazy goll and
ten￿￿.
Resource5 expended have increased by £31,686 Irom £95,127 ￿ 2023 to £126,813 sn 2024.
At year end. the total fund balance including share r2pita arnounted to £341.938 1£299.928 20231. Al fijnds are
d￿rned unr8stricted. Res8rv85 8r8 mainly held in the fom of fix8d a5set5 which are required to meet the Company.
obJ"ectwes. and cash and bank balances which are required lo fund ongoiw tnainlenan￿ and itnprovements.
The company currently has sufficpnt liquid resources to meet its cuf￿nt liabilities as they fall du8.
Page 1

Bude Haven Recreation Ground
ort ofthe Trustees
forthe Year Ended 31 December 2024
FINANCIAL REVIEW
Reserve5 policy
The unrestricted reserves of the o)mpany are £341.938 at the year end aThJ a substsntral part ol tme reserves is th8
tangible fixed assets empli)yed by the company for its charitable purpose. The trustees believe that for finan￿81 st8bility
Ihe available reserves (the net current assets) Shou￿ be at ￿ast sufficient to cover costs for a perK)d of ￿1ve rnonths.
The c￿ts for 2024 am(yJnted to arourwJ £126,000.
In addition. the trustees also recognise that reserves have to be set aside for futu￿ refuthshment of facilib.es it
provid&5. The trustees belEve that the r85erves need to b8 buijt up on a rolling basis to cover £70.￿0 o)sts over a ten
year pgri(xl.
The trustees are also awarè of one other risk. As the ccthpany ha$ failed to obtain floLxI insuran￿. trustees bèliavè
that Is is important to create a ftood fttrnd reserve. The level ol the reserve unknown but the tnjstees believe that is
sensible to aim to build a reserve of£100,CQO+
TherefoTe in total the trustees believe the net current assets should be be￿een £126.ry)O and £296,000. The available
reserves at the yearend were £164,971 which falls into the lower end olthis range.
Golng concem
There are no material uacertaintie5 overgoin9 concem.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing Document
The charty is a private company limited by shaw which is wistered in EThJland 8nd Wale5. Its goveming document
its Memorandum and Arbcles ofAssociation, as amended on 16th May 1987, wh8n charitable status was granted.
Appolnfment of Trustees
Trustees are appointed by invitation from serving trustees.
Organlsation
The board of trustees meei formally every two months. Matters arising btheen meetings are g￿￿r&llY handled by Ihe
chaimian orthe secretary, with due delegated authority. who will report back at the next meeting.
Indu¢tlon and training of new tru$tees
Trustee5 are aware ol their ￿gaI ub1vJat￿n5 under charity atvj company law. New trustees repxve a ￿pY of the
company's MemoraThJum and ￿ti￿e$ of Association. and are made awa￿ of procedures at trustee meebngs, the
derisi￿ making proTrss, and the re￿nt finawal Perfoman￿ ofthe charity.
In the event of a new 8ppointmÈnt, thè company sècretsry and the thalrman are ioinuy tharged with briefing a new
trustee on their oblig3tions. External training identified by the board. which ￿ considered to be useful for the ongoing
stewardship of Ihe charity. is 8liended by the trustees wh8never possib￿.
Retated Parties
ha5 been no reimbursement of expenses or remuneration to trustees during the perkid. Tran58etions t£lween the
cornpany and the individual clubs are not con$th￿d to be ￿lated paty transathons.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
188704 (England and Wales)
Reglster8d Charity number
297633
Registered office
Leven Terra
Bude
Comwall
EX23 8LA
Page 2

Bude Haven Recreation Ground
Re ort of the Trustees
for the Year Ended 31 December 2024
Trusteos
Mrs K E Srneeth
A Bennett
N E Tucker
MASlee
K Page
Mr5 S A Pringle
G K8at
N Gleed
Ms K H8slop
Ms A Wnatsley
- resigned 18th Jamary 2024
- sppointed 14th March 2024
Company Sècretsry
Mrs L lfjnsman
Independent Examiner
Metherell Gard Ltd
Charter8d Accountants
Burn Vi8W
Bude
Cornwall
23 88X
This report has been prepa￿d in acCOrda￿e wrth tr￿ speck31 prowsions of Part 15 of the Companw Act 2CQ6 Telatiro
to small companies.
zfj
Approved by orderof the board ol trustees on ................. ......... ................. and sigrtd on its behalf by..
9￿- Trustee
Page 3

Inde
endent Examiner's Re
ort to the Trustees of
Bude Haven Recreation Ground
I report lo the ¢harity Iruslees on rny exarninalion of the accounts of the Company for the year endtd 31st D¢¢ember
2024.
Responsibilities and basis of report
As the charity's trustees of the Cornpany land also its directors for the purposes of company lawl you are iesponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 20[￿ Act'i.
Having satisfied myself th81 the 8ccounls of the Company are not required lo be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in resped of my examination of your charity's accounts as carried
out under section 145 of the Chaiities Act 2011 I'lhe 2011 AGt'}. In ¢airying (xjl my exarnination I have fdlowed the
Direclions given by the Charity Commission under section 145{51 Ibl of the 2011 Act.
Independent examlnèrfs statément
Since my fim also helps with the bookkeeping for the Cornpany I must be a member of a body listed in section 145 of
the 2011 Act, which has adopt8dl is subject to the provisions of th8 R8vised Ethi(21 Standard 2016 issued by the
Financial Reportillg Counal IFRCI. I confirm that l am qualified lo undertake the examination because l am a member of
the Institute of Chartered Accountants In England and Wales. whlch Is one of the listed bodies.
In addition I confimi in my view the Company ha5 "informed management" and the trustees have made such judgments
and decisions that are needed in relation to the pr859ntatson arKI disclosu￿ of informalion in the financial stalements
(accounts) examined. l am not personally the bookkeeper, and do not ieptsrt to the bookkeeper.
I have completed my examination. l Confirm that no mattèrs have comè to my attention in connection with the
examination giving me cause to believe-.
accounting records We￿ not kept in respect of the Company as required by section 386 of the 2006 Act., or
the accounts do not accord wllh those records,. or
the accoltnts do not comply with the accounting requirements of section 3￿ 01 (he 2006 Act other than any
requirement that the accounts give a 'true and fair view which is not a matter considered 8$ part of an
ind8p6ndent examination,. or
the accounts have not been prepared in accordan￿ with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable lo charitie5 p￿parIng their
accounts in accordance wilh the Financial Reportin9 Standard applicable in the UK and Republic of Iieland
IFRS 1021.
I have no concems and have ¢omÈ across no other matters in connection with the examination to which artention sh￿Id
be drawn in Ihls report In order lo enable a pioper undeislandlng ol the accounts to be reached.
David Nig
COXF
The Institute of Chartered Accountants in England and Wales
Meth￿￿1[ Gard Ltd
Chartered Accountants
Bum View
Bude
Cornwall
EX23 8BX
Date".
Page 4

Bude Ha
n Recr
round
Statement of Financial Activllie
oratin
an Incorne and Ex
n￿ltu￿ A¢¢ount
Year Ended 31 December 2024
Incor
2024
Total
funds
2023
Total
funds
Unrestricted
fiJnds
Restrictsd
fund
Notes
INCOME AND ENDOwmE￿s FROM
Charitsble activitie$
Prowsion of facilities
162.085
162.086
111.792
Other trading activitres
Investment Income
Olhei incomè
80
1.427
6,525
5,895
5,895
Total
168.823
168.823
119,824
EXPENDITURE ON
Charitable activityes
Provision of facilities
Support Costs
126.813
126.813
95.127
Totsl
126,813
126.813
95.127
NET INCOME
42.010
42,010
24.697
RECONCILIATION OF FUNDS
Total fijnds brou9hl fw8rd
299,928
299,928
275,231
TOTAL FUNDS CARRIED FORWARD
341,938
341.938
299,928
The notes form part ol these finan(ial Stat￿entS
Page 5

udo Haven Recre
iorb G
red nu
Balance Sheet
31 December 2024
2024
Total
funds
2023
Total
fvnds
Unrestricted
funds
Restricted
furKY
FIXED ASSETS
Tangible assets
176.967
176,967
162,669
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
13
3,015
170.041
3,015
170,041
5.881
142,685
173.056
173,056
148,566
CREDITORS
Amounts fralling due within one year
14
18.IYdS1
18.0851
111.3071
NET CURRENT ASSETS
164,971
164,971
137.259
TOTAL ASSETS LESS CURRENT UABILITIES
341.938
341,938
299.928
NET ASSETS
341.938
341.938
299.928
FUNDS
Unrestricted fvnd&
General fijnd
Share wital
15
339838
2,500
297.428
2,500
341,938
299,928
TOTAL FUNDS
341,938
299,928
The charitable company is ents.tlèd to exemption frorn audit under Section 477 of the Ccffipanie5 Act 2006 fLY the year
ended 31 December 2024.
The memb8rs hav6 not required the company to obtain an audit of its finan￿al ststsrnents for the year end&J
31 DeTrmber 2024 in accordance with Section 476 01 the Companies Act 2006.
The trustees 8d(nowledge tkeir responsibilits'es
lal
ensuring that the charitable wmpany keeps accounting records that comply wth Sections 386 and 387 of tp
Companies Act 2(K)6 and
preparing financ￿1 statements which give a true and fair view of Ihe State of affair5 01 the charitable company as
at the end of each financial year and of its surplu5 or deficil for tsach finan￿al year in accordan￿ with the
qUi￿rnents of Sections 394 and 395 and whith otherwise ￿￿pIY with the requirements of the Companies Act
2006 ￿lating to financial Statements, so far as applic2b18 to the tharitabl8 company.
(bl
These finanual statements have been prepared in accordan￿ with the wovisions applicable io charitable companies
subjectto the small cornpanies regime.
finanaal sta
ents We￿ approved by the Board of Trustees and atrthorised for issue
. and were Sigr￿0 on ils behalf by..
ngle- Trustee
The notes fom) part of the56 financial statèments
Page 6

Budt Haven Recreation Ground
Notes to the Financial Statements
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basls of Prepa￿ng the financral statements
The financial 51alernents ol the charita￿e o)mpany. h*hich ￿ a public benefil entity under FRS 102, have been
prepa￿rt in accordan￿ the Chariles SORP IFRS 1021 'Accounting and Reporting by Charities". Statement
of Recommended PO¢t1￿ applicable to tharities preparing their accounts in accordanr£ with the Financial
Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021 (effective 1 January 20191,. Financial
Reporting Standard 102 'The Finanual Reporting Standard applicable in the UK and Republic ol Ireland, and the
Companie5 Act 2006, and UK G&neially Accaptwj Aecounting Practlce.
The finanual statements ar8 prepared on a going conc8m basis as the trustees beI￿ve that no material
uncertainb.es exist Th8 fin8n¢i81 statetngnts are pres8nted in steding which is the fvnctional ojrrency of the
charity.
The signifir2nt accountirg policies applied in the preparation of these finanual stat8rnents are set out below.
These poli¢E5 have been consistently applied to all years presented Un￿$$ Other￿$9 statsd.
Financial reporting standard 102- redu¢ed disclosure exemptions
The charitable company has taken advantage of the following diselosure exemptrons in preparirg these finaneial
statements. as permitted by FRS 102 Th8 Finanoal Reporting Standard appI￿able In the UK and Republic ol
Ir8Lgnd':
the requirements of Section 7 Ststement ol Cash Fl
the requirern8nt of paragraph 3.17ldl.
Income
All incoming resour￿ are incI￿jed in the Statement ol Financial Activiles ISOFAI wherTr the charity is legally
entitled to the incorne after any perfOn￿an￿ condib.ons have been met. the amount can be rneasuied relkqbly
and it is probable that income will be receive(J. The wlicies adopted for the ￿cogn1￿.0n of inujme are as
follows..
Income from Charitable actiwlies is derived from the provision of leisure facilitps. This is reugnised when those
facilities have been used. Included in income from charitable activitEs are annual subscriptions which a
iecognised over the period to which they relate. For subscriptv)n periods which are not co-leminus wth the
finanaal slatemenls, the element of the subS￿ption whid) ￿lateS to use in the fdlowing financial year is
deferred and carr￿d forward in deferred income.
Rentals re￿1vable und¥ operating leasès arè tharge(J to the SOFA on a stravjht line basis over the ￿rIOd of the
lease.
Expenditure
All expendibjre is •￿tsUn1ed for on an accru8Ls basis and h2s been classified under headings that agg￿gate 811
Costs related to the rategory Expenditure 13 rewnised where there is a legal or constructive obligation to make
payments to third parties, it is probable that the sewement will be required and the arnount of the obligation can
be measured reliably.
AllocatFon and ap￿rtiOnment of costs
Support costs a￿ those that assist the work ol the charity bul do not direcyy represent charitable aclivil*s and
clude Offi￿ costs. g0Veman￿ costs, administrative and payroll costs. Governan￿ costs indude those
invdved in the public accountability of the trust and its Cornplian￿ wth regulation and good wacti￿.
The trustees believe that Ihere ￿ only one Charitab￿ activity and support costs have teen allocated as per the
anatysi5 shown in llote 6.
Tangible fixed as$•ts
Tangible fixed assets a￿ stated at cost less acwrnulated depr8ciaiion and accumulated Impaimieni los$es.
Cost includes costs directly attributable to rnakirg the asset capatrAe of operating as intended.
Dep￿riatIOn is provided on all tarng1b￿ fixed assets, at rates calculated to write off the cos( ￿$$ e5tirnated
resKlual value, ol ead) asset on a systemats"c basB over ils expected useful life as bllows..
Land and buildings
Othertsngible fNed èssets
Nll
- 5%- 20% per annum on cost
Assets a￿ not generally capitalised below a value of £150.
Page 7
cDntinued...

Bude Haven Recreation Ground
Not8S to th8 Financial Statements- ¢ontinued
for the Year Ended 31 December 2024
ACCOUNTING POUCIES- contlnued
Tanglble fixed assets
The policy of the directors is to maintain th8 fr8ehold buildings to a good stan(lard ol ￿pair and so in their
O￿nIOn no depreciation is required as the exwled residual value of the buiklings at end ol their useful life is
above t1￿ carrying value in the account*
Taxation
The charity is exempt from corporation tax on ts Charitab￿ actiV￿e$.
Fund accounting
Unre51ricted funds ean bè used in aceordance with thè charitabb objecbves at the discretion oflh& trustees.
Employee benefits
lfvhen employees h8ve r￿dered service to the charity. ghort-term employee benefits to which the empbyees
are enblled are re￿nised al the undiscount8d amount exp8cted to be paid in exchange for that servi￿.
The charty yrates a defined contribution plan for the benefit of its ernployees. Contributions a￿ expensed as
they become payable.
Debtors and creditors recelvable I payable wlthin one year
Debtors and c￿ditO￿ with no stated interest rate and receivab￿ or payable wthin ong ye8r 8r8 rerA)rd8d at
transaction prica. Any ltssses arising from impaimisnt are recognised in expenditure.
Financial instruments
All financial instrurnenls are recoJnised inthalty at transaetion pri￿ exduding transac￿￿ costs 8nd subsequenuy
at amortssed c05L Th8se include G3sh at bank. debtors and cieditors.
OTHER TRADING ACTIVITIES
2024
2023
Sundry O￿lpts
80
INVESTMENT INCOME
2024
2023
Deposit account rnterest
1,427
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
ProvisK)n
of
Total
activib.es
Equipment hire
Putting
Tennis
Bowls
Squash
Table tennis
Squash electriuty
Mini goll
Pool
Squash dub contributs.on to heating
Tennis clubs
Squash dub
Bowls club
1.884
2.865
17,786
1.920
788
916
2,315
113,739
227
25
10,160
4.310
5.370
1,879
4,035
17,184
2.801
1,316
2,601
61,757
188
1,501
8.443
3,937
5,310
1$2,08S
111,792
Page 8
conts"nued...

Budt Haven Recrèalton Ground
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
OTHER INCOME
2024
2023
t¢hen I(￿nce Ineomè
5,895
6,525
CHARITABLE ACTIVlnES COSTS
Support
costs (see
note 71
Support costs
126,813
SUPPORT COSTS
Hurnan
resources
Establishment
Finan
SLPPOrt costs
16,312
2.600
53.399
Maintenan
and
dgpreci8tK)n
Govemarte
costs
offi
Totals
Support o)sts
46,059
7,243
1,200
126.813
Support costs. included in the above, are as follows..
Establishment
2024
Support
costs
2023
Total
tivilies
Water rates
Insuran
Lrght and heat
Advertssing
General rates
2,679
4,114
7,778
1A24
317
3.310
3,840
10,077
200
281
16,312
17,708
Finance
2024
Support
costs
2023
Total
actiwties
Bank tharges
Car(J charges
358
2,242
308
1.259
2,600
1.567
Page 9
conty'nued...

Bude Haven Recreation Grotjnd
Notes to the Financial Statements - Gontinued
for the Year Ended 31 Oecember 2024
SUPPORT COSTS - contlnued
Human resources
2024
Support
eosts
2023
Total
adivilies
Wag8s
Pensions
52.381
1,018
47,860
1.058
53.399
48.918
Maintenancè and depreciation
2024
Support
costs
2023
Total
activibes
Ground maintenance
Maintenance of premises
Maintenance of equipment
Depreciation of tangible fixed assets
2,478
39.993
1.256
2,332
3.995
12,570
160
2.320
46.059
19,045
Office
2024
Support
costs
2023
Total
activities
Legal fees
Accounting and Secretsri81
Telephone
Printing, postage and stationery
Sundry expenses
550
4.800
703
128
1.062
500
4,900
579
141
669
Governance costs
2024
Support
costs
2023
Total
adivitie5
Independent examiners. Teview costs
1,200
NET INCOMEIIEXPENDITUREI
Nel in¢omel(expenditurel 18 slated after chargingllcrediling}:
2024
2023
Independent examiners. review costs
Depreaation - owned 8ssets
1.200
2.331
1,100
2,320
Page 10

Bude Haven Recreation Ground
Notes to the Finan¢ial Stslements- continued
forthe Year Eniled 31 December 2024
TRUSTEES. REMUNERATION AND BENEFITS
T1￿￿ were no trustees, remuneratr.on or other beneffts for the year eThYed 31 December 2024 nor for th8 year
ended 31 December 2023.
Trustees, expenses
There were no trustee5' expens8S Paid for the year ended 31 December 2￿24 nor for year endgj
31 D￿ffltser 2023.
10.
STAFF COSTS
2024
2023
Wages and 58larie5
Other pension costs
52,381
1,018
47,860
1,058
53,399
48.918
The average monthly nwnber of employees during the yearwas as foll(yw5'.
2024
2023
Head count-excluding trustees
There a￿ no empk)yees with emoluments above £60.OCI).
11.
TANGIBLE FIXED AsseTS
Freeho
property
Plant and
machinery
TotaL
COST
At 1 January 2024
Additions
147.633
16.274
48.109
355
195,742
16.629
At 31 D￿rnber2024
163,907
48,464
212.371
DEPRECIATION
At 1 January 2024
Charge for year
33.073
1331
33,073
2,331
At 31 D8(xnb8r 2024
35,404
35,404
NET BOOKVALUE
At 31 0￿mber2024
163.907
13,060
176,967
At 31 D8cemb8r 2023
147.633
15.036
162,689
IrKluded in cost of land and ￿lIding$ is freehold land of£10,0(KJ12023". £10,000).
Page11
ortinued...

Bud8 Haven Recreation Ground
Notes to the Financial Statements - continuod
for the Year Ended 31 December 2024
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Debtors
VAT
Prepayments and awrued incorne
1.200
1,878
2.303
1,700
1.815
3.015
5,881
13.
CASH AT BANKAND IN HAND
2024
Total
funds
2ff23
Total
fvnds
Cash in hand
Bank account
95 day saveraccvunt
128
161,586
8,327
128
135,070
7,487
Tot81
170,041
142,685
Cash at bank and cash in hand indude$ cash and shortterm hi9hty liquid investrnents a short Maturity.
14.
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
c￿ditOrS
Social security and olher taxes
VAT
Other Cr￿itOrS
Accruals and deferred income
506
4.333
1.098
2,180
138
5,261
5.716
8,085
11.307
15.
MOVEMENT IN FUNDS
Net
rnovement
in funds
At
31.12_24
At 1.1.24
Unrestricted fund5
General fvnd
Share capital
297A28
2,500
41010
339.438
2,500
299,928
41010
341.938
TOTAL FUNDS
299,928
42,010
341.938
Net movement w funds, Induded in the abov8 are as follows..
Incoming
resour
Resource5
ex￿nded
Movement
in funds
Uniestri¢ted fund$
General furKI
168,823
1126,8131
42.010
TOTAL FUNDS
168,823
1126,8131
42.010
Pagè 12
continued...

Bude Haven Recreation Groun
Notès to the Financial Statements- continued
for the Year Ended 31 December 2024
15.
MOVEMENT IN FUNDS- contlnued
Comparatfjves for movement In funds
Net
movement
in lunds
At
31.12.23
At1 1.23
Unrestrs¢tgd funds
General fund
Sh8re caprtal
272,n1
2,500
24,697
297,428
2,500
275,231
24.697
299,928
TOTAL FUNDS
275,231
24.697
299,928
compaiats.ve net movemenl ￿ funds, induded in the above are as follows..
Incorning
sources
Resour
exper￿ed
Movement
in funds
Unr•strlcted funds
Ger￿ra1 fund
119.&24
195.1271
24,697
TOTAL FUNDS
119,824
195.1271
24,e97
Authoris&l share ￿pital ha5 ￿en allotted, tssued and paid in fvll.
Number
Class
Nominal Value
2024
2ff23
Ordinary
£1
2.500
16.
RELAYED PARTY DISCLOSURES
There were no related party disclogjres for Ihe year ended 31 De￿mber 2024, nor for the year ended 31
Decemb8r 2023.
17.
DIRECTORS. AND OFFICERS. LIABILITY INSURANCE
The cA)mparJy has taken out insurance ctsver iegardirKJ directors. officars. liabi'lity. The amount paid for this
cover in the year was £24812023.. £2481.
Pag813