REGlStSlED COMPANY NUMBER. WJ)152 lgId W8189) REGIST89ED CHApifY NUMBER, 301n1 BER%)24 caL Ford Wllliarns Chartered knountants Bulldlng 1C63 Comlorth Drive Kent stien Pa &'tb'ngtrM)ume Kent ME9 8PX
EFI PAPOrt oflhoTN8t I to 4 Irthpendent Exanlnef8 Rwrt statanth)t of Hn¥Klai Actlvttles 7 to 8 4)tes to the Fln•Klal Slthents 9 to 15 D8talleA of FlnwKld Actlyltleg 16
The injstees are also dlrectors of the charity for the pu0$eS of IIE Ccfflpanies Act 21Th, present thetr repyt wlh IIE financia slaternents of the charity for the year ended 31 D¥ember 2024, The tNst8es have 0pted the provlsKJns of 01)untIng and Rep)rtI ty Charities.. Stalernenl of R[end& Pti appl1e lo chariks prepariw they counts in Ordan ¥wth Ihe Fin8ncial RepK)rUng Standard 4)pliCae in the UK aTrJ Republic of Irdand IFRS l(r2} leffectNe1 January 20191. ceJECTIVESANDAGfivTllES The Basingstokè & Obtitl Sports Tnjst IBSD is a charilabk company limited by guaranteg, On the 14th crnter 2021, the entlre 8o¥d of Trustees in BST voted to reson aThJ Ere replac&Y by Indlviduats nominated by GreenwKh Leisure Lirnited IGLLI onlh Cwter 2021. BST BSLBJ a ense io operate to GLL from Ihe 1st April 2022, At thL8 wint, am the Irairg actiyilies fted to GLL and the staff we TUPEd &ross. The Fenskx hdd by BST c£asaY * at the 3181 March %)22 whèn the 8taN SGlerne. The xhen was Urvletwtten by Ba5irostoke Council who therefofe subsumed the assets or lithli1s * Ihat pjnl. There L8 therefore M pensbn Ilats'KtÈs assets in BST sirt6 In. GLL has cKwpatiofi of2 BST Iwj buiblings under InSe. BST does not traje th the wblt. 8STs only transacticfi is the prrxurernenl of gas th ew becaus8 of 2 kng standiro utilitycontrads that $tj on transfer. tt r&harges GLLthe cc61 oflhe gas and etricIty at cost. Evenlualy, fien the ulItycctrd¢ts end, thig ¢ompaw be strwk off. Jbllc BST has gi¥en Greenwrh Ldsure Lirnitgj a kence to use Its assets in the ddNery of ts objects. Greenwch LSUre Limltsd's objects are a match lo the charitys objects and therefore, the Charity conslders that it is deliverfng the public neffi1 as mMJhl have been exFrfkd haj BST been operating the f¥ilIeS diredy. The Trustees confinn that through Greenmch Leisure LSmiled they have corn1 wth the duties In SecticY$ 17151 of Ihe Charftth Act 2011 to have due regard to the Chanty Commisgon's general guidance on pubLr befEfft. We have referred lo the Charity CommissK)n general gukI on publi beffi1 when revwang our airns and otfjectfves and in planniro our future &tiwb'es. In particular, TnJstee8 cons#Jer how Ihrc44h Greenwich Leislwe LSmited 11 o)ntribute to th8 aims aThJ obj6YUves tral they have sel. Pwje 1
DDI 2• B1%)24 FIMANCLAL REVIEW FInGI yjgltlon All expenditure inCunl is rechayJ to GLL who are thliveriryJ the servKe& As such, the Charitys EBITDA ES £0. Fixwj assets conlnue to be depreciabj in the acctyjnls causiw a dit to the ¥o)unts in th8 stH)rt tem. Thi8 is then Tharged to GLL. There ha4E no cashfiow Imp1Ka)n$. Pemilslon wa8 by IIR Charity CornmissK)n in 2023 for BST to donate ts assets to GLL. We are awaiting consent frorn one of the landlords to alk)w us to novate thè assets across to GLL at whh staje ts process of BSTS donalk)n of ts asset lat book value) to Greenwich Leisure Lirniled will be cond. PA38rv88 pollcy The Trustees recogni8e Ihe need a knl of ffinancil resew Ihat will shieky chaty frorn Ihe kKJssibility of alvse wfcieseen circumstances. These wforeseen circumstanw include ary number of events tlat may f Jen1Ted as a risk from time to Ime. There ate Th) ris¥£ foreseen at this tirne. UTrJerlh8eunBnl arratyjements, all trajing rtsks Iiave been rernowj and passa on to Greenich LeL8ure Umtt8J. The 8oard eonsKlerJ the level of reserves to b8 apprcpriate for the Chty to be abk8 to deliver $8rvlces to ts enefick?ries through Greenwch Leigjre Llmf(ed. As at Decemter 2024 the thl value of t fiJThJs stmj ai1£398,543). Tr valug of restricted fuThYs was £254,399 and th8 yalu8 of unrestricted reseNes was1£652,942}. &)Ing concwn These ¥counls havè te8n prepar&1 on a basis Other1h going Conrn. Since the 1st of April 20Y2. the ¢Jay-tCpday w0vis1 d setvres al BST facilR*s have teen undertaken by GLL, GLL tinues to anCiallY suprA)rt BST thorough a loan f%illty agreernenl and will continue to do 80 until BST i8 fully ed into GLL. BST, as a subshliay d GLL, wll continue lo prtture ekctrfdty under an exthng contr%i wlth the utw SUPFler for b)th LeEsure Cent$ until Marth 2025. &)vwnlng d¢Kuml The Basir@stok8 and Tr'Str1 Sp)rts TDJSI Limited IBST) Is a ccfflpany limited by guafaniee. BST is g)vemed by ts Memorandum and ArteS olAsslatB)n and was irKorporat8J on 20 May1970. govemiro dUMent was replaced by spe¢al Resolutton on 28 March 2018 %then it w upjated aTrJ is n¢)W predominantly based on the Charity Cornmission'5 mcyjel aitides. Anyone tecorne a member of the company, aTrJ tsre currenuy 9 merntéts each ol whKh agregj to n1ribJt6 £10 In the event ofthe charity wiTrJing up. PaJe 2
USTEE Organlsdona slructurn Conts'nues to te the same as per last year, The key changes that were re&l in 2022 includ8J Ike follovang'.- As a ccfidlkn dlhe financia SUprtthe pL9Thd rnerger a3re81 by b)th the BST board the GLL tr)atd. thi5ion to Thr[5 of BST by Ih)se mmlnabj by GLL. The CIL trnard nthnated a mix oflhe GLL Trustees and GLL chlef offKers and GLL DItCts. Thls ptov4ded Ihe control to protect GLLS flnanoal ppo The supwt was providgl in th8 fomi ol a vthkng capta loan. We that Ihe members, dlrectors aThd Ilp truste of the company arg all and the saTh arnj have equal voting rthts ofotE equal vote eth. We LfiM) that no indivNJuals Cf memtets 148 any benefits, cf any fom of finatria tenefft trom Ihe buSine8Chanty aThJ in the èvent of dls8olulon Ihe Ila141ity of e&h itNJiihJual or nmbeJ is no more Ihan £10. REFERENCEANDADMIMSTRITIVE DEfAILS Rrylslergj Q)mwy numb C@80152 (Erula wvj Waesl P418tffgJ Chth nurnber J1731 F18tj office Fesiival pl¥e BASINGSTOKE ampshire RG217LE A Bindon P K 8undey P E J Lk]nnay K GaiTrJa J Jardlne E Lthws LA Patrit PERay M Sesnan mpY PERay Page 3
REFEIIENCE AND ALthIINISTrAThE DEfAILS Indepdent Exanln Mrs C RayrEr FCA DChA Cabe Ford Williams Chartered Accountants Building11%3 Comforth Ori¥e Kent Sctence P Sittsngboume Kent ME9 8PX Appro by c¢def ofthe board oflnjstees on 22 Awl 2025 and snaj on ts behalf by.. P E Ray. Secretary Page 4
IJ kndepend8nt axanlnp8 ieport to the tru8t889 of Ba61ThJ8tokn tX8trki Sports Tru8t Llmlhj Ulffj) Cthe comp) I rewt to the tharity truslees on rny examknats'LY) ol the thunts of Company for the ytsr end 31 Dern 2024. Re8pon8lbllllte8 and bal8 of report As charity's Iruslees of the Company land aLso ts directots for the purposes of ¢panY lawl you are reSPsItIe for Ihe preparation ofthe &o)unts in MrdarLe wth the wulrements oflhe Companies Act 2tTh I'the Ad). HavirrfJ satisfied mysew that the of ItE Cornpany are nol requir& lo be audibj under Part 16 of 2Cth Aci and are eligib for indeFeThlenl examination. I rekyjrt in respect ol my examlnatbn of your charitys aOuntS as carrfed out under Se¢lion 145 of the charitS Act 2011 I'ts 2011 ACV). In carrying out my exarninatbn I hayè felj the Dir&th]ns given bythe Charity CoMrnissn uTrJer Sednn145151 Ibl ofthe 2011 N£L Ind8do%aTrIn$ sin your charivs gross income exceeded £250,1M) your ewiner rnusl be a memter of a listed trthy. I can confim that l am qualffjed lo undertake examinati teLause l arn a rmmber ol the Insirtute of Chartered AcccAJntsnts in England aTrJ Waks, which L8 of ts listed trles. I have cornpkt my examination. I confinn that Tr) matiers have core to my attenOn In conbOn hith examlnalkjn giling me cause to believe.. ntll re)rdS were Th)1 kept in resFecl ofth8 Cofflpany * requirgj by tion 386 oflhe Act,. or the COunts do not accord wth Ih)se reoyds., or axourts do not COrnFAy with the &counling wuiremenb ol Section ol t1 2Q)6 Acl o11[ than any ra]uirernent that the xcounts giv8 a In* and la'i which L% not a rnatter consKlergJ a5 part of an indeFeent exaMInan,. or th8 OUntS have rol Èeen prepared In axordanTr vith the methtsys and princSpks of the Stat8rn8nl of RecomThnd& Pr&te for %counliry atkl rep)rtirrfJ by charflRs lappkncab to charilies preparing Ihew aoUnts in ac0)rdan vith IfE Financial Rey)rting Stsndard apF1rab in the UK and Republ of Itdar¥J IFRS 10211. I have no concems aThY have come act05s no other matters in cOntiOn wth exaninatkjn to thch attenoon shoukl be drawm in this rep)rt In orderto enabk a proFer undet5taTh3ing cl Ihe aCcnts lo te rexhed. Mrs C Raynw FCA CChA Mccth Williams Chartered Accountants Build5 1(A3 Comforth Drivé Kent Sclence Pwk stttingtx)ume ME9 8PX 22 April 2025 Pap5
ATEMEKr NCLIL VMES 31.12.24 Totsl fuThYs 31,12.23 Totsl fijnds Unrestricted Reslrcbj fund funds Otherlrajing ¥tivittes 405,&56 405,6 491,1&8 ENDrruFEC•J Provi&on of health atmj fllness seN{S ,*3 Ill,3 405,&56 491,168 111,293 117,5621 1111,2931 17,562 betrmn fundg 13 N81 mo¥•nwt In fund8 93,731 193,7311 PECONCILIATION Cf FUNDS Toia fuTvJs brajgm forwwd {746,673} 348,130 1398,5431 IW.5431 TOTAL FL14DS G4PJIJEI F¢JVIARD 1652,9421 254,399 1398,5431 1398,5431 The ntstesfom part ofthese financial stslernents P4e6
i?- fE SHEEr 31.12.24 Total ds 31.12.rJ Total fvnds UnreslriGted Reslricted lund funds Notes Tangible assets 843,n4 1,(8,133 1,359,PJ)3 Stocks Cash al b&k 10 1,110 20,234 1,110 20,234 1,322 16,052 21,344 21,344 17,374 Amounts fJ1ing d vrithin one year 11 11,518,020) 11,518,020) 11,775,520) NEf CURRENT ASSErLABILmEs) 11,4%,6761 11,496,676) 11,758,146) TOTAL A&8Efs LESS CURRW LIABILITIES 1652,942 254,399 I398,3} 1398,5431 NEfASSEfwBILmES) {652,9421 1398,5431 1398,543) FUNDS unrest fiJTrJs Restitted funds 13 1&52,9121 254.399 1746.6731 348,130 TOTAL FUNDS (398,5431 1398,5431 The charttable o)rnpany entItd to exernpt'on from audit under Wlon 479A of the i>)rnw¥és Ad rektiw to subsklSary chantabk cornpanies f(xlhe year 31 DeMter 2024. The memtRrs have not r4uired the cornpany b obtain an athlil of Its finClaI stments Ic¢ Ihe year eTrJgJ 31 Dfflber 2024 in aLurd8nce vith ticfj 476 ofthe Compani&s Ad fj. Thè trustees kno1ge lhe1rWnsbIIles for (al ensuring that Ihe charitabk rnPany keeps )untIr9 rordS that o)mpty and 397 cl th8 CoMpanS Act 21])6 and (bl preparir#J financia statements whkh give a tne and falr vpw of the state of affairs of Charitabk company as al the of et£h financial year and ol ts surplus or deficit for e&h financial year in a(xordanc8 the requirernents of &ctiotts 394 395 and whlch 0111$e o)mply wilh the requirements of the ¢knpantes Act relating to financ?a st*tr£nts, g) faras apF4kabl& to Ihe clkqritsble ccfflpany. The tw)te5kn part ol these finar21 statements P&¥7 continued...
li - conll These financial statements have teen prew& in )[dance Ihe provEsi)rn8 alae to ¢haltabk QjmpueS subject to th& smal regime. The finla1 statements [e apyoved by the Board cl Tnjstees and authon8gJ for i&8ue 22 April 2025 and re gned on bts LEhafby'. P E J Ll)nnay. TtU5tee The ncles fo partcllhese fincial statements P4e8
GENEL INFORMITION Basingsth & Di81riGt SpDrts T1 timited K8 a private charitsble company limibj by guarantee. TIE rnernters cl Ihe Charitab cornwy are the tru51ees nam&J on p4e 2. In the enI cl the charity tseing wjund up, the Ilabilty in respecl of the guarants8 is limited to £10 per Thmter ol the charity. company is IrtOrraIèI In ErKJland & Wales. The wistered Offi aThl principa ajdress BasInk8 SI Centre, FeslThial P, Basingstoke, Harnpshire, RG217LE. ACCWITING POLICIES Ba818 of pryarlng th9flncIol 8tatanents The financial statements of the charitable c(panY, vthich is a F4JblK tsen8fft entity under FRS 102, have tRen prepared in oran with the charitS SORP IFRS 102) 'Accountiro and Report5ng by Charities.. Slalemenl of Recommefftled PradKe apICable to charilles preparing Ihqr axounts in acKordare with the FknaaI ReFk)rtirvJ Standanj applb in Ihe UK RepuNic of IrdarKI IFRS 1021 leffecbve 1 January 19),, Fikncial Reporting Stsndard 102 'The Financral Reporbng Standard app}e In the UK and Republic of Irdand, a the Companies PLt 2(XJ6. financial statements have teen prepared under lte historica cost conventic. G)Ing concwn These aLtounts have been prepared on a basts other than g)ing o)nc8m. The day to day proviSn of $8NiCeS al BST f&lleS Sin 1 April 2022 has teen ertaken by GLL. GLL B seeking a rnerger vllh 8ST and wlll finanGkqlly supp)rt BST through ban faolity agreement whKh wl OFerate until BST fijlly merged into GLL. BST, as a subskliary of GLL, continue to wure 81ectrty uThJer an eS11rrtj C3Jnlr&t with the utilty supplier fr)r both Leisur8 Centres until March 2025. Olhw Incoma (jther income Qgned Ni the Statement of Financial Actiwks ts for the rechaoe ol utililies lo GreenwKh Lelsure Limit whorn OFerate the Leisure site. Recharges of incorne are recjjgnised al the point utilty expe are incAJtred by th6 Larftable 0)MpY. EXpdIturn Liabilities fecogntsed as exFenditure as soon as there is a al or ccfjstructive obligatK)n commilllng I chanty to that exFeThJiture, Il is prObae that a transfer of economlc telfits te required in SettnTrnt aTrJ the amount of the obliqatv)n can measured reliabty, Expenditure Es &LounluJ for on an accruaL% bas aThJ has cl1[ under heaings that 4Jregate a51 cosl ret lo the cgory. Where costs cannot te diwtly attribuW io parb'aAar lEingS tlw have ken ated to tIeS on a basls consthnl thg Usè of resoutce5. Grants recei¥abl& are Twnti8 in Ilp finanaa slaternents otKe Ike condlti)ns relalkng to Ihelr elp1 have teen satisfied. Grants received in relation to fix8d assets have teen renised upon Rlpt as a resttkt&J vè whkh is released in line vith the deprlati these ass. TgIbleX&1 aB$8ts Depwatth L8 provid at ts folknwng annual ratss In ordar to wrfie off asset 01 ts estinwtd Usul lrfe. SIK)rt leasehold Pk straghl line Page 9 ccnlinued...
AcwJKnNG POLICES.contlnu•J T8nglbl8 tlx•l Long asehOkI Improvements to ptOkHty Plant m&hinery Fixiures and fftb'rys Stx)rts a]uipmenl Ccfflpuier &yuprnent 2% stra'gm line 5- 20% stravjhl line 10- 20% stra Ilne 10. 21yh stravJht line 10- 25% slraighl lkne 33.3% stragm Ilre Stocks are Vau at the lower of cost aThd net reali5a) valje, after makiro due alowance for obsobts and sbw moving items. Taxalon The tharity is 8xemptfrom cOrratic tax on tts charitable &ti¥lties. Fund &¢ountlThJ Unreslrthd fuNls ¢an be in with the chaiitth obitiveS at discretion ofthe trustees. Restricted funds can only be ed for pticular restrlcted purp4)S8s withSn the of charfty. RestrtctK)ns arise when srKthed by the dotM)rorwhen funds e raised for parttcuL9rreslrrt8J wrws6S. Further expLgnatM the Ure and purp)se C{h fund is irtludwj in the notes to the finanaa st*ments. CIIrnGILACCOUNTING JU[r)EMAND I(EY SCKIRCESChe ESTIM4TIChY LNCEKfAiiirf The trustees are nc4 wuir&J to rnthè Y athjltbnal critKal xLDunting ludgThnts oth8r tha) the detailed in note 2. OThER TRADING ACTIVITES 31.12.24 31.12.23 Ullty recharges Otherrechatges 157,523 248,133 240,359 405,656 491,168 810 rThlinued...
TEs TOTHE HNINCIA CFL4RtfABLEAcnvmES COSTS Cit&t Cth Cir&t Costs Year eftd Per ended 31.12.2024 31.12.2023 Provisn of heaHh and fitness services 405,856 491,1 NEf INCOM4FYPENDITURE) Net inccAnellexpeTrliturel Is stated after¢hIr&1{¢r9jltingl.' 31.12.24 31.12.f3 Deyecption. owned assets 261,470 250,8£Y3 TRUSTEES REMUNERITIIJYAND BETrEFiTS Thère werè no iDJSteel cf i3th8r teneflts for year 8Thled 31 December 2024 Thjr for the year ended 31 Dter2023. Trust888' expenses TIEre re m Intstees, expenses paid lor the year ended 31 tmter 2024 rw for the year ended 31 DemeT 2ff23. C(hlPAR4TW FOR ThE sfABIENfaF FINCl4L AGllviTIES Unrestricted R8Strfded lunds Tola funds INCOME AND END0vthIEP FROM Other traling 491,168 491,168 EXPENDrruRE LIN able¥11185 Ptovilcfi of htrdtth aThJ fkness $8Nkes 4.446 70,722 491,168 70,772 9,00) 170,7221 19,lYJII Tw8fws bthv*n funds MOVnl In fund8 79,7 179,7221 PECONCIL14mON OF FUNDS Total lunds broughlfoThYa 1826,3941 427,851 I398,3) Pag811 o)ntinued...
TES TO THE NCLIL COMPARATIVES F(JiTrE STATEMEMfi% FINANCL4LACTIVTnES.contlnu•l Unrestrrcted RestrKted fu funds Total [d$ TOTAL FUNDSCIRRJED FORWARD (748,6721 348,129 {398,5431 TANGIBLE FIYEDASSErs Improvernents Sthort sehokl Long asehold Plant and machinery prorerty cosr Al l January 3)24 and 31 Cecemter 2024 68,757 628,3 5,507,096 1,208,670 DEPPECNT Al1 January 2024 Charge foryear 31,4 3,716 361,388 12,571 4,841,C64 121.3J4 1,050,524 43,423 At 31 CeMber2024 35,1e6 373,959 4,%2,2Sg 1,093,947 NEf BOOKVALUE Al 31 C*xernter 2024 33,591 254,544 114,723 Al 31 Dmter 2023 37,307 267,115 158,146 Fixtures Sp)rts equiynenl Computer equinI frttiro5 Totals At1 JUary 2024 aThd 31 Cwwnber 2024 643,6 8C6,014 88,177 8,950,9)7 DEpREATrN Al1 January 2024 Ch8 for fJ)1,213 14,485 617,488 66,071 88,177 7,591,304 261,470 Al 31 ember 2024 615,698 3,559 88,177 7,852,774 NEf BOCI( VALUE At 31 ernr2024 27,992 122,455 1.098.133 At 31 D&emkr%J23 42.477 188,528 1.359.3 Page12 nlnu&J...
THE FIPi4NC 111 ST(XKS 31.12.24 31.12.23 1,110 1,322 11. CIIEDITCIU AMIYJNTS FALLING WEWITrUN YÉAR 31.12.24 31.12.23 Amounls ovRd to group undertakings &xia $8wity and olhertsxes VAT Othercr8Jitors ruals aTrJ deferred irtC4ne 1,433,639 1,723,926 4,447 49,627 2,035 32,719 70 47.077 1,518,0%) fj,r15,520 Includ&J vithin arnnts owed to omup undertakiros is an intercornpany ban balatKe with GLL in the sum c £1,433,63912023'. £1,723,926). 12. L64s1NGAEMENTs At 31 Cwember 2024 the charity hwj cx)mrnInts l) m8 luture rdnlrnurn kne pallents uThJer )n•¢anCdk3b operatitKJ leases as follows.. Perfod endal 31.fA3.2023 31.12.3)24 Not laterthan1 year Later than l year and th kterlhan 5 years Later tha) S years 1W,CAJ) 612,1 756,IX)O ie8,153 648,¢J)O 9x).o 1,548,(X]) 1,736,153 TIE oFerating aSe$ abjve relate to premises from thich kisure knlities are offered. In *d1th to Ihis, thè es ab)ve Iso Inclthye gym equipm1. FolkJwrvJ the Imsfer ol Irdje ad tieS lo Greenw¢h Leisure Lirnited on 1 April 2022, all leases are now being financal and accounted for by Greenwich Leisure mited vith th8 exception of gym equipment h¥hh is still being paHI by Basingstoke and Dislrtct Sports Trust. This is however then recharged to Greenwich Leisure L1rnit. TherelcKe, whlle the lèases a in the narne of Basingsioke aTrJ Dtstrt Sports Tfust, Greeich Lei%ure Limrt8d have agre to bare the cost ofthese leases. fo1th[vj kase payments have teen recognised in the Stalemnl of NnatKial ktivllies.. Pag613 ¢tInU•j...
SIN OTEST THE HNANCL4 12. LFASING AGPEEMENTS-contlnu•J Yew emdeAI Pwtod end•J 31.122W 31.03JJ23 Opetatlng le rentals Rhargl to GLL 35,575 I,575) 11 k#)VEMEKf IN FUNDS Transfers nv)vemenl in lunds Al 31.12.24 Atl.1,24 funds Unregtrfcknj funds General fd 1746,8731 111,233 117,W21 1652,9421 Re8trlctth1 funds Ptsjl redevelopment m,$ ¢har@ing rth)m refurbishment Lrf< refuthshN*nl LLe,$ changing Toom reluth'shrnenl AirCcdth0n1ng in ShaFe ladie's gym 226,872 17,991 21,561 74,560 7,146 191,4441 12,5(K)I 110,2(JJI 15.3231 11,8261 135,428 23,125 17,Crf)O 72,303 6,S13 5,639 3,066 1,223 348,130 17,562 2S4,399 TOTAL FUNDS 1398,5431 1398,5431 movement in funds, inclLthd n the above are asfol10.. Inming resources Resources Movèment expeThJed In funds unre8M¢t funds General fvnd 405,6 1294,3631 111,293 PAstrfctal funds Pool redevebpment m,$ changing Toom refijrbishmenl Lrft refurbishnnI Ladie's Changi ro)m refvtsi5hment ff Cotvjitioning in ShaFe ladKgS gym 191,4441 12,5001 I10,2cli 15,3231 11,8261 (91,4441 12,5(M)I (10,2(M)I 15,3231 11,8281 1111,2931 1111,293} TOTAL FUNDS 405,6&8 1405,6561 Paae14 nlinued...
AND THE HNANCIAL BER2)24 13, MOVÉMENf IN FUNOS-contlnuI Pcol redevebpmenl represents £2,470,rnJ r1Vj in 2008 as a th)natKin N knd relang to the r8vekJprnent crfth8 swmming . This is k'NJ rèleased in line with depreaation on the asset acqUtt. IEKS CFL4NGING Rcnm REFURBISHMEKr The men's changing rth)m refurbtshmenl represents a grant rwxvgj ol £%),1 whKh is fing rekaJ kn Ilne Ih depr1allYn. LIFf IlEFUPBISHMEMr Thè lrft refU1$hment represents a grant receiv81 of £102,OOJ wkh Is rdeas8d in liné with deprecigtion. LADIES CkL4NfJlNG ROOM REFURBI&YIWAND AIRC(JYDmoNING In the year 31 March 2019, 3 grant was recieved lotaling £122,0. The grant was receNed for the charokng rcom and aw 0jTrJDn1ng in the Shape gym, spll £104,241 aTrJ £18.259 respthdy. Thls Is n9 in Ir with depr6riatSJn. CoThYthorn of the g1 ide the use of ts assets fiy a rerkKI of mt less than 7 years, plus after one year of o)mpletic, outcornes are to monitor&S, checked at¥J eviden shown to ensure that the ur4raded f&iliks are teing used for the purpc6e inilialty *ated, This incljdes carrylro out a survey aTrJ Showing an increasa In female membership. 14. RELATED PARTY tXSCLOSURES Dufing th8 year Greenbmch Leisure Lirnited, th8 ¢ontrcAlh¥ party, made a number of advartes to the chaty. At baL2rKe slwl dale £1,433,639was ow&1 to Greenwith Lsure Limitd. 1FA IXTIMATE C(I4ifRCLUNG PARTY LeIse Lnitl Is the controlliro party of tho ¢harfty Ihr(xJgh its majority representation cfj board of trustees. Greenwrh Leisu LirnSled Is registered &8 a c(KSFerab¥e comrnunity tenefil socw, wister nuntrRr 27793R aTrJ its princpal purtM)ses are to deliver Sustainab and affordable provision of flitES and SeeS for the publ benefit frjr reat1(al, swrtityj, ojttural and other kisure owupati>n in th8 inleresl of s81 weLfare, healhy livitvJ and education. P¥15
LA 31.12.24 31.12.23 INcoAND ENt#JMIEpirs (her tr4llng &tMdBJ Utility recharges Other hargeS 157,523 248,133 240,359 250,809 405,656 491,168 Totat Incomlng re8OUf¢8J 4C6,&56 491,166 ChitahxtlvNIoJ Prernises and ublity ¢xsIs C*precialton of tsible fixed assets 157,523 248,133 240,360 29),808 405,656 491,168 Total reSoUeS expended 491,1 t Incom This p4e dtm not fom) part Of1 StalL¥y finanoal statements 16