## **SCHEDULE 1: GUILDFORD SPORTS GROUND** 

## **GUILDFORD SPORTS GROUND** 

## **ANNUAL REPORT** 

## **1 APRIL 2024 TO 31 MARCH 2025** 

1. This paper constitutes the annual report of Guildford Sports Ground (Woodbridge Road Sports Ground) Attached to the report are: 

   - the accounts for 2024-25 

2. Guildford Borough Council own the freehold of the Woodbridge Road Sports ground (including its associated land and buildings) as the sole charitable trustee under a charitable trust. 

3. The ground is used as a sports ground in accordance with the Vesting Deed. 

4. The fixed asset of the Charity is presently valued at £2.5 million as shown below 

|**Asset**|Woodbridge<br>Rd Sports<br>Ground<br>(Land)|Sea Cadets,<br>Woodbridge<br>Rd (Land)|Woodbridge<br>Rd - Toilets|Woodbridge<br>Rd Sprts<br>Gnd - Pav|Woodbridge<br>Rd Sprts Gnd<br>- Fencing|Pavilion|**Total**|
|---|---|---|---|---|---|---|---|
|**Value**<br>**(£) **|6,383|15,000|31,819|2,500|0|2,394,609|<br> <br>**2,450,311**|



5. The Charity employs no staff.  The Senior Financial Reporting Accountant, the Capital, Assets and Treasury Accountant, the Administrative Assistant from Legal and Democratic Services and the Civic Secretary provide administration support. 

6. The accounts for 2023-24 reports total funds of £232,277 of which £214,918 is unrestricted. Unrestricted funds are funds spent or applied at the discretion of the trustees to further any of the charity’s purposes. Restricted funds are funds held on specific trusts under charity law. Below details the Charity’s Income breakdown. 

|**Recommended categories by**<br>**actvity**|**Unrestricted**<br>**funds**|<br>**Restricted**<br>**income**<br>**funds**|**Endowment**<br>**funds**|**Total funds**|**Prior year**<br>**funds**|
|---|---|---|---|---|---|
|<br>**Income and endowments from:**<br>Donatons and legacies<br>Charitable actvites<br>**_Total_**|**£**|**£**|**£**|**£**|**£**|
||214,918|0|17,974|232,892|165,757|
||0|(616)|0|(616)|(500)|
||||||**165,257**|
||**151,355**|**(616)**|**17,974**|**232,277**||





|**Recommended categories by**<br>**activity**||Guidance Notes|**Unrestricted**<br>**funds**|**Restricted**<br>**income**<br>**funds**|**Endowment**<br>**funds**|**Total funds**|**Prioryear funds**|
|---|---|---|---|---|---|---|---|
||||**£**|**£**|**£**|**£**|**£**|
|**Incoming resources (Note 3)**|||F01|F02|F03|F04|F05|
|**Income and endowments from:**||||||||
|Donations and legacies||S01|214,918|-|17,974|232,892|165,757|
|Charitable activities||S02|-|616<br>-|-|616<br>-|500<br>-|
|Other trading activities||S03|-|-|-|-|-|
|Investments||S04|-|-||-|-|
|Separate material item of income||S05|-|-|-|-|-|
|Other||S06|||-|-|-|
|**_Total_**||S07|**214,918**|**616**<br>**-**|**17,974**|**232,277**|**165,257**|
|**Resources expended (Note 6)**||||||||
|**Expenditure on:**|214,918<br>-|||||||
|Raising funds||S08|-|-|-|-|-|
|Charitable activities||S09|214,918|616<br>-|17,974|232,277|165,257|
|Separate material item of expense||S10|-|||-|-|
|Other||S11|||-|-|-|
|**_Total_**||**S12**|**214,918**|**616**<br>**-**|**17,974**|**232,277**|**165,257**|
|||||||||
|**Net income/(expenditure) before investment**<br>**gains/(losses)**||S13|-|-|17,974<br>-|17,974<br>-|14,403<br>-|
|Net gains/(losses) on investments||S14|-|-|-|-|-|
|**Net income/(expenditure)**||S15|-|-|17,974<br>-|17,974<br>-|14,403<br>-|
|**Extraordinary items**||S16|-||-|-|-|
|**Transfers between funds**||S17|-|-|-|-|-|
|**Other recognised** **gains/(losses):**||||||||
|Gains and losses on revaluation of fixed assets for the charity’s own use||S18|-|-|-|-||
|Other gains/(losses)||S19|-|-|-|-|-|
|**_Net movement in funds_**||S20|-|-|17,974<br>-|17,974<br>-|14,403<br>-|
|||||||||
|**_Reconciliation of funds:_**||||||||
|Total funds brought forward||S21|-|-|2,463,969|2,463,969|2,478,372|
|**_Total funds carried forward_**||S22|-|-|2,445,995|2,445,995|2,463,970|