Charlty reglstratlon number 308035 Company r¢gl8tratlon number 010618( (EnglAnd gnd Wxles) COOPER'S HILL RECREATIONAL TRUST LIMITED ANNUAL REPORT AIYD FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2023
COOPERIS HILL RECREATIONAL TRUST LIMITED LEGALAND ADMINISTRATIVE INFORMATION Try$te IMBird L Turner J Tenconi S Emmett G Wilson G Bradbury ChArlty number 308035 Compgny number 01061860 Prlndpfil addr•J• Coop&8 Hill Lane Englefield Green Surrey Great Britsin TW20 OJX Rqliternl offl¢• 2 Sallsbury Close Wokin8ham Berk8hire Bn8land RG414AJ Audltor D E Hunter Llmlt¢d 2 Salisbury Close Woklngham Bcrkshlre Bn8land RG414AJ
COOPER'S HILL RECREATIONAL TRUST LIMITED CONfENTS Pag• ThistC¢5 report Independent auditors report Statement of financial activities Balan 8he¢t Not¢s ttj the financlal statements 8- 13
COOPER'S HILL RECREATIONAL TRUST LIMITED 11 TRUSTEES REPORT (INCLIJDING DIRECTORSI REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and fJnanGial stat¢ments for the year ended 31 De¢ember 2023. The financlal statements have been prepared In aLYordance with the ac¢ountlng policies set out in note I to the financial slatements and comply with the charity's tgoverning document], the Compani¢s Act 2006 and 'ArGounting and Reporting by Chariti¢s' Statement of Recommended Practice applicable to charities preparing their accounts in awordence with the Financial Reporting Standard Applicable in the UK ond Republic of Ireland (FRS 102)" (effective l January 2019). Objertlvu and Aedvltlei The Thisvs objects are to provide or asslst in providing fa¢llltles for recreation and other lelsure tlme occupatlon In or In Connection with the urban district of E8h&m and its nelghbourhood. The policies adopted In rtherallCc of thesc objects are to provid¢ 8POrt8 and recreational facllltles and there has been no change in these durfng th¢ year. Publ1¢ benefit The trust¢¢8 h&v¢ pald due rngard to guldance i88ued by the Chorfty Commission in deeidlng what actlvltlu the charity should undertake. Achlevements ind performanee SlgnV7canl acilvliles and achlevements agalnsi obJÉcllves Manorcroft Junlor Football Club and Coopers Hlll LTCI again both su¢¢¢8sfully paid all th¢lr quarterly subsorlptlon8. Th¢ tennls club h&8 continued to bulld up sub5tantlal res¢rv¢s towards plann future refurbi8hm¢nt of their courts and the Introductlon of a clay surfaG¢ in 2024. Th¢ football club has addltlonally Continu Investment In pitch malntenance and Improvemenl winnlng th¢ 2023 SuTr¢y FA Grounds T¢am award for th•ir thrts. At year en th¢ ¢lub8 roport¢d bimilarly hi8h ov¢rall membffship numbers to 2022. The Community Intsrest Company (CIC) Jolned the trust In late 2020, offering a gym (personal tralner) fdcllity and sports physlo trc8tmenL In 2023, membcrship numbers incrcased for the 8¢¢ond succe88iv• year ¢nablin8 th¢ gym to further improve Its equlpment offering. Th¢ gym also became an wredited provider of HYROX (fitney8 rnclng) training. Dwln8 this financlal year. the Trust contlnued to b¢nefit from rent grant r¢lle£ and for the thlrd 8ucce581v¢ year, th¢ football Club r¢¢¢lved a Natlonal Football Foundation £4K grant for the upkeep and development of their pitches. Th¢ football club have also won an award from Howd¢n$ to fully r¢furbish the sxte kitsh¢n fa¢illti¢8 in 2024. The tsnnl8 club additionally reGe1v a £5K grnnt from Runnym¢d¢ Borou8h Council towards th¢ above court r¢furbishments. As in 2022, both th¢ football and tennis sections hav• continued to repay their 2020 Thlgt loans to a8reed timescales. A8 i resulL th¢ 2023 trust acL¥)unts 8how CHRT maintaining a healthy cath re8erv¢ of £25,000. As b¢for¢, thi8 cash reserve enabl¢s th¢ tsust to, Inter ali4 step in and support any of th¢ operating 8ection8 on this land In th¢ ¢v¢nt of thelr runnin8 into ullforesee short term finan¢lal difficultles. In ternis thAt keep the facllities open in fulfilment of the Coopers Hill Recreational Trust obJ¢Gtlvw. Bulldln8 the8e rnJ¢rves artd A¢qulrins th• variow, ¢xtmi•l findin8 rout•o Ilqt•d abov• wlll 10 th• tru9t to 8UPPOrt a numb¢r of major 2024 Inltlatlv¢s for the Coopers Hill slte. These Include r¢thrbishment of a number of tennis court playing surface8, the repair and up8radln8 of the path leading to these courts and th¢ fittln8 of a si8nlfi¢antly up8raded kitsh¢n facility In the main pavilion. In 8ummaryi the Trust has maintained a secure financial position. movlng into 2024 and Ixyond. As r, I would like to thank the dire¢torsltrustee8 and 8¢ction repre8entstiveg for their tim4 hArd work and d1¢atiOll. l a180 confirni that no members of the Thtst are remutterated. though immaterial amounts of adrninistration expenses 8re reimburged. Fln#nelal r¢vl¢w Reservespollcy It18 the policy of the charity that unrestricted ndS which have not been dcsignated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The truste¢s consider that reserves at this level will ensure tha( in the event of a siw]ifiGant drop in funding, they will be able to continue the charity's rrent activities while consideration is giv¢n to ways in whith additional fimds may be'raised. This level of reserves has been maintsined throughout the year. Mqior rlskf The trustees have assessed the major risk5 to which the charity is expose4 and ar¢ satisfied that systems are In place to mitlgate exposure to the major risks.
COOPER'S HILLRECREATIONAL TRUST LIMTTED TRUSTEES REPORT (ll¥CLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Strncture9 governanee And manag¢ment The charity is a company limited by guarantee and not having a share capitsl. The trustees. who are algo the directorg for the purpose of ¢ompany law. gnd who 8eNed during the year and up to the date of siture of the finBncial statements were: IMBird L Turner J Trn¢¢)nl S Emmett G Wi180n G Bradbury Re¢rnl¢m¢nt axdappolnlM¢nt oAtrust¢ The board of tn¢8 rnvi¢w and s¢ek new tru8te¢ m¢mbers 8hould the need ari8¢, eaoh new tnth 18 8iv¢n 8p¢¢ifi¢ 8uidan¢¢ and training by th¢ board to ¢nable th¢m to carry out thèir duties with suffi¢i¢nt profieiency. None of the tN8tses ha8 any beneficial int¢re8t in th¢ company. All of the tnte¢S are member8 of the company and 8uarantee to contrlbuts £1 In the event of a winding up. Oiher matt•r& ststement of trlliteei Mponilbllltl Th¢ trnstees, who are also the directors of Coop¢e8 Hlll Recreatlonal Th18t Llmited for the purpLO¢ of company law, are re8pon8ible for preparing the Trugtees Report and the flnanclal statements In accordaneA wlth appllcable low and Unlt¢d Klngdom Accountlng Standardg Iunlted Klngdom Oenerally Accepted Aocountlng Pra¢tl¢e). Company LAW rwulres the tru8¢¢¢8 to prepar¢ tlnanclal stat¢m¢nts for each finanoial y•ar whlch glve atrue and fair vi¢w of the stste of affairs of th¢ charity and of th¢ in¢omin8 r¢Joum and oppli¢ation of reaour¢•4 including the inwm¢ attd •xpendikne, of th• ohAritable Company for that year. In preparin8 th¢8¢ tlnanclal 8tat¢ments, the tru8tee5 are required to: - lect sultable accountln8 pollcies and then apply them ¢onsi8tently• - observe the methods and prlnclples In the Charltles SORP; - mak¢ jud8¢m¢nts and e8timats8 that ar¢ r•a80nable and pruden( - 8t8ts whether applicable UK Aecountlng Stgndard8 have been followed iubject to any materlal departtwe$ dl$clo8ed And plained ID the fmanc1 statements: and - prepare the financial statements on the going Concern basis unless It is inappropriate to prwume that thc charlty will Gontinue in operatio The trust¢e$ are responsible for keeping adequate accountin8 records that disclose with reasonable awfftcy at any time the financial position of th¢ charity and enabl¢ them to ensure that the financial statements comply with the Companies Act 2006. Thcy ar¢ also r¢sponsil)le for saf¢8uardin8 the a8sets of the charity and hence for t8king reasonable steps for the prevention and detection of fraud and other irre8ularities. Audltor In aOrdanc¢ wlth the Gompany's artlcles, 8 r¢501ution proposin8 that D E Hunt¢r Lirnitsd be reappointed 48 audltor of the ompany will be put at a General Mc¢tin8.
COOPER'S HILL RECREATIONAL TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTIIYUED) FOR THE YEAR ENDELI 31 DECEMBER 2023 The 1rust0 rnport by I1 Lltwd ofTruyll Tru¥le*
COOPERIS HILLRECREATIONAL TRUST LIMITED INDEPEIYDENT AUDITOR'S REPORT TO THE TRUSTEES OF COOPER'S HILL RECREATIONAL TRUST LIMITED Opinion W¢ hav¢ audited th¢ financial statements of Coop¢ls Hill R¢eatIOnAl Trust Limit¢d (the Icharity,) for the year ended 31 December 2023 which comprise the statement of financial activities. th¢ balan¢¢ th¢et and notss to the financial statements, in¢luding Si1r1¢ant a¢wuDting poli¢i¢s. Th¢ finallc1 reporting framework that has be¢n applied in th¢ir preparation is applicable law and United Kingdom Acwunting Standards. including Finan¢iaI Reportin8 Standard 102 The Flnan¢lal Reporllngstandardappllcable In ihe UKandRepubllc ofJreland (Unitryl Kingdom Gener8]ly Accepted Accounthg Practlce). In our opinion, th¢ financial 8tatsm¢nts: giv¢ a true and fair VI of the stats of th¢ ¢haritsbl¢ mpfings affairs as at 31 D¢G¢mb¢r 2023 and of It8 incomlng r¢8ources and application of re50ur¢¢8, for the year then ende4. hAv¢ been propprly pr¢pAred in aordAnCe with Unlted Kingdom 0mIlY Ac•d A¢countin8 Pr&¢t1. and hAv¢ b¢¢n pr•pared in accordan with the rquir¢m¢nl8 of the Compan1 Act 2006. Ba818 for oplnlon W¢ Conducted our audlt In accordance with Internatlonal Standard8 on Audltlng (UK) {ISAs (UK)) and appll¢abl¢ law. Our responsibilities under those standards are further described in th¢ A¥dlior'i rafponslblllile$ for the audll of the financlal slalements section of our report. We are independent of the charity in accordance with the ethical requlrements that are relevant to our audit of the financial statements In the UK. Includin8 the FRC'S Ethlcal Standard, and we have fulfilled our othcr cthlcal responslbllltl¢$ In a¢¢ordance wlth these requlrements. We belleve that the audlt evld¢n¢¢ we have obtalned 18 8uffi¢lent and approprfate to provlde a ba8ts for our opinion. ConcluJlon• relatAng to golng concern In audltlng the financlal statements. w¢ have Conclud that th¢ trustees use of the 8oln8 ¢oncern ba81s of a¢¢ountln8 In the pr¢paratlon of the tlnanclal statements ts approprfats. BAs¢d on the work we have perforn]ed. we have not identified any materfal uncertalnties relatlng to events or conditions tha( individually or collectively. may 8i8nifi¢Ant doubt on the charity's ability to ¢ontlnue as a goin8 concern for a wlod of at least twelve months fmm when the financial 8tst¢ments are authoriscd for iJJu¢. Our responsibiliti¢s And the r¢8ponsibilitie8 of th¢ tru8tses with respect to goin8 ¢onLXrn are de8¢rib¢d in the relevant tiOnS of thi8 report. Other Inforniatlon The other inforn)ation compristh th¢ inforniation in¢lud¢d In the annual report other than tho fllwici 8tat¢ments and our auditoV8 report theroon. Th¢ trustees aro rn8pon8lble for the other Inforni8tlon contslned wlthln the annual reporL Our opinion on the financi81 statements doe8 not cover the other inforniation and we do not expr¢gs any forni of aysurtnce concluslon thereon. Our responslbllfty Is to read th¢ other Inforn]atlon aniL In doln8 50. ¢onslder whcthcr th¢ other Infornmtlon Is materlally in¢onsi$t¢nt wlth the financial statements or our knowledge obtsined in th¢ ¢our8e of the audlL or otherwise 8ppears to be MaterilY mls8tated. If we identify such material incon818ten¢ieg or apparent material misstatsments. we are required to deterniine whether thls gives rise to a Material ml$statement In the financial statements th¢mselves. If, based on the work we have performe¢ we conclude that there is a material misstatement of this other inforniation, we are wuired to report that fact. W¢ ha nothing to report in this regard. Matters on whlch we are requffir to report by ¢xeeptlon W¢ have nothing to report in rwect of the followxng matters In relation to which the Charities (ACullts and Reports) R¢gulatlons 2008 require us to report to you if. in our opinion: the infonnation given in the financial statements is inconsistent in any materlal respect wlth the trustees report: or sufficient accounting records hav¢ not been k¢pL or the fMan¢1 statements are not in agreement with the accounting r¢cords: or we have nol received all the infom?ation and ¢xplanations w¢ r¢quire for our audit.
COOPER'S HILL RECREATIONAL TRUST LIMITED INDEPEIYDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF COOPKR'S HILL RECREATIONAL TRUST LIMITED R¢sponilblllde8 of tru$tse8 As explained more fully in the Statement of trustee8 rtspon8ibilitie8, the trust, who ar¢ also th¢ directors of th¢ ¢hArity for th¢ purpose of company law. Are respon8ible for the preparation of the financial statements qnd for being satisfied that they 8iv¢ 4 true and fair view. and for such interna] control as the trustees deterniine is necessary to enable the preparation of financial ststements that are free from material misstatemenL whether due to fraud or error. In preparin8 the financial slatements. the trustees ar¢ r¢sponsible for a%s51n8 th¢ charity's ability to continue as a going concxrn. di10518. as appIlbI¢. mattcrs r¢lated to 80in8 concern and using the going concem basis of accountin8 unless the trustees either intffl to liquidats the charitable company or to cease operations. or have no realistic alternative but to do . AudItol Mpon•lbllltl¢• for the audlt of th* IInAn¢1 4tatsm¢nts We have been appointed as auditor under section 145 of th¢ Charities Act 20118nd report in ac¢ordanc• with th¢ Act and r¢levant regulatlon$ nmde or havin8 effect thereund¢r. Our objectiv¢J ar¢ to obtsin r¢asonablè •88uranco about whether th¢ finen¢ial 8tatement9 as a whoh are fre¢ from materlal miS8tstemonL wh¢ther due to fraud or ¢rror, and to i98ue an auditoV8 report thAt includes our opinion. Reo8onable 988uran¢e 18 a high level of assurance but is not a guarantee that an audlt conducted in accordance with ISAS (UK) wlll always detect a material misststement when it exists. Misstatcments can arAse from fraud or error and considered mal¢rial ic individually or in the aggregate, they could reasonably be expected to influence the eeonomlc decisions of us¢r8 t8k¢n on the ba8ls of these financial stthments. Th¢ ext¢nt to which our pro¢¢dure8 are capable of dot¢¢tin8 irre8ulariti, inoludin8 frau418 detailed below. A further de8wlptlon of our rasponslbilltl¢s Is avallable on th¢ Flnan¢ial Reporting Coun¢ll'8 w¢b8its at: httPS:l/www.frc.or8.ukl auditorsr¢sponJibiliti¢s, Thi8 de8¢ription fornjfj part of our auditoes r¢port. Th18 r¢port Is made solely to th¢ wmpany's memb¢r8. as a body• in aOrdance with se¢tion 391 ofthe Companieg Act 2014. Our audlt work has been un(krtaken so that w¢ might state to the company's memberg th09e metters we orn requlred to stats to th¢m In an auditor's r¢port And for no oth¢r purpose. To th¢ fullest extent p¢miitt¢d by law, we do not accept or a88um¢ responsiblllty to anyone other than the rL)mpany and the company's members a8 a body, for our audlt worK for this repor¢ or for the oplnions we hav¢ fornied. Mr Divld John Hunter FCCA (Senlor Ststutory Audltor) ror and on b¢hglf of D E Hunt•r Llmlted I I September 2024 Cbarttnd AeeountAnts ststutory Alldltor 2 Salisbury Cloae Wokingham Berkthire RG414AJ D E Huntw Limited is eligible for appoinknent as auditor of the Charity by ViTtu¢ of its eligibility for appoIntmt AS auditor of a company under 8ection 1212 of th¢ Companies Act 2006.
COOPERIS HILL RECREATIONAL TRUST LIMITED 11 STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPEIWITURE ACCOUNr FOR THE YEAR EIWDED 31 DECEMBER 2023 Unn8trl¢ted Unrestrlcted runds runds 2023 2022 No llltomo from: Charitsble activitieg Investments 26.646 151 25.705 Total Income 26,797 25,712 Exp¢ndltur¢ on: Charitable a¢tlvltles 32,490 31.171 Total expendlture 31490 31,171 Net expendlture and movement In fun (5,693) (J,4J9) R•¢onelllatlon of fund8: Fund balance8 At l January 2023 126.591 132,050 Fund bal4ne•J at 31 De¢•mbèr 2023 120.898 126.591 Th¢ 8tAtsment of financial aotiviti•g includèi all 8Aill8 and 1088es reco19¢d in th¢ y4xr. All Incom¢ and expenditure derlve from continuin8 a¢tivitl¢s.
COOPER'S HILL RECREATIONAL TRUST LITrIITED BALANCE SHEET .4SATJI DECEhlBER 2023 2023 1012 Not Flied 4uoII TuDJbIt a$ 69Jfti 77.9119 Cumnt AN Debiur¥ Cash oi bJDk And In bpnd 10.124 33.229 13.653 3&459 63,333 51114 Critdlt•T•'. •movnts falllni dug vAihltt y•Ar 12 (IIA36) (lJ221 N¢t ¢urrent Auets 51J17 4S.$92 Totsl •utts lu• eurrnit Ilbllldei 120.898 120,591 The fund• of th• eh•rlty Unrullicted fun 13 120.898 12&591 120,898 126,591 The company i¥ enud•d to the uempilon ttom the iudit requltement contolned An ir¢don 471 oftho ConJp•oioi Act 2006, for lh¢ Year1nd 31 D¢¢¢mb¢r 2023, Althou an wdil hu been out underlI0n 144 ofthe ChJrltknAoi2011. The dire¢torn a¢knowled8¢ their r¢wThillti for ¢ornptyi with th• r•qulTMnents of th• Cryl•• Aet 2006 vAth T¢1¢1 to Aeeounrlng rworth iod th¢ pr•p1rntlonoffinclll th¢em¢ntL The flnancial st&tcm¢nts hAYQ IK¢n pr¢pwgd In •¢¢Wd0n with th• pyovlilwi &TrIbIg w ¢gmpnlM wbj•d to ihe wnAII compJniM Sime. Th• finllnoiAI Itlliementi ware by th• truJtee•an...... S Emmthi Truthe O Bradbury Thiitee Company re8kndon 01061860 and W4lu)
COOPER'S HILL RECREATIONAL TRUST LIMITED 11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Aecountlug pollcl Charlty Informatlon CoopeV6 Hill Recreation Thist Limited is a privth company limited by 8uarmtee Iorporated in En8land and Wale8. The re8iStered office is 2 Salisbury Close, Wokin8ham, B¢rk8hire. RG414AJ, Englgnd. 1.1 A¢countlng ¢onventlon The finanGlaJ statcments have b¢en prepared in COrdance wlth the charity, Artl¢les of A880ciation of 1972, th¢ Companies Act 2006 and 'Accountin8 and R¢porting by Charities: Statement of RKommended Pra¢ti¢¢ applicable to charities preparing thelr accounts in accordance with the Flnanclal Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102) (effective l January 2019)". The ¢harlty Is a Public B¢n¢flt Bntity as defined by FRS 102. Th¢ charlty taken advantag¢ of the provi8ion8 in the SORP for ¢harities applyin8 FRS 102 Updats Bulletin I not to prepare a Statement of Cash Flows. Thr financial 8tat¢m¢nts are pr¢par¢d in st¢rlln& which 18 th• fun¢tionAI ¢urrncy of th¢ ¢harity. Mon•tary Amounts i thes¢ fmancial stAt¢ments are round¢d to the neArt £. The flnan¢la] slatements have been pr¢par¢d under the histor1¢ cogt conv¢ntion. Tho prin¢lpai accounting poli¢l¢A adopted ar¢ 8¢t out below. 1.2 Golng eon¢•rn At th¢ time of approvin8 th¢ financial 8tatemtnts, the tru8t¢e$ hAve a reagofiable expectition that thè charity ha8 adequate r¢source8 to eontinue in operationAI existsnce for the fore8eeable ture. Thu8 the tru$teeg conthue to adopt the 8oln8 concern ba818 of accounting In preparlng th¢ tlnmclal 8latements. 13 ChArltAbl¢ fund4 Unregtrithd fvnds are availabl¢ for u8e at the di8cretion of the trustee8 In fvrthernn¢e of their charltable objectives. IA Income Income is recOlsed when the charity is legally entitled to it After ony rf0nnance ¢ondltion8 hav¢ been me( the amounts can be meosured reliably• 8nd It is probable that income wlll be recelved. Cath donation8 are rnoo8ni8ed on receipt. Other donations are reco8nised once the Charity hay been notified of the donation. unless perfonnantt condhlons require deferral of the amount. Income tsx reverable in relation to donations recelved under Qlft Ald 01 dceds of covenant 1$ r¢co8nlscd at thc rne of thc donatlon. Le8a¢i08 are reco13¢d on receipt or otherwise if the charity has been notified of an impending distributio the amount 18 knowfy 8nd receipt 1$ expected. If the amount Is not known. th¢ legacy is treatsd 48 a conting¢nt asseL IJ Expondltsr• Unrestrxcted funds are available for use at the discretion of the trustees in furtherance of th¢lr charitable objectives. 1.6 Tanglble Ilxed 259tts Tangible fixed assets are initia]ly measured at ¢ogt and Subgequently rneUred at cost or valuat10 net of depreciation nd any impairment losseg. Depreciation is rc¢o8nised 80 as to write off the $t or Valuation of assets less their regidual values over their use1 Ilves on the followin8 ba8e8: Land and buxldings Fixtures, ffttin8s & equipment 2.5 to 5% strnight line 25% straight line The gain or loss arising on the dlsposal of an asset is deternilned as the dlfftrence between the sale prZedS and the carrying value of the 8sseL and is reco8nised in the statement of financial activitles.
COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollclej (Contlnued) 1.7 Impalnnent of fix¢d a8l¢t• At each reporting end dat4 the charity reviews th¢ wrying qmounts of its tangiblc assets to detern)in¢ whether th¢re 18 any indication that those assets have $uffer¢d an impainnent loss. If Any such indication exists. the recoverablc amount of the asset is estlmated in order to d¢t¢nninc the extent of the Impalrnit loss (if any). 1.8 Cash and cash equlval¢nts C8sh and cash equivalents include CAsh In hand, deposlts held at CAII wlth bank8, other shortstemi Ilquid Investments with origlnal maturltles of three months or less, and bank overdrafts. Bank overdrafis are Shown withln iDrrowings In current Ilabllltl¢s. 1.9 Flnan¢lAI Instruments The charlty has elected to apply the provision8 of Sectlon 11 'Bft8ic Financlai Ingtriiments. and Section 12 '0ther Financlal Instruments18sues' of FRS 102 to all of Its financ1 instruments. Financial instruments are re¢ogni8ed in the chArityg balAn¢e Sheet when the ch8rfty becomes paty to the contr provisions of the instrument. Flnanclal assets and liabilities arc off6¢L wlth the net amounts pr¢s¢nt¢d In the flnan¢lal 3tAt¢m¢nts, when there Is a l¢gaily enforceable right to Set off thB rcGognised amounts and there is an int¢ntion to s¢ttl¢ on anet basis or to r¢ali8e th• 18g¢t And s¢ttl¢ th¢ liability simult#oU8Iy. Baslcflnandal (&fsets Baslc flnanGlal assets, whl¢h Include debtt)r5 and ctt8h and bank balan¢e4 aTe 1n1t1lY m¢asur¢d at tran8&Ctlon pr1¢¢ Including transa¢tion c08ts and are $ubsequently carried at amortfsed Lxlst using th¢ ¢ffertlve Interest method unl¢8$ the arrangement constltutes a financlng transact10 where the transactlon Is mea8ur¢d at the present value of the fvture rvxipts dI8unted At a market rat¢ of Interest. Finan¢lal sets cl&8sified as r¢¢¢ivable within on¢ y¢ar are not amorti8¢d. Baslejlnandal llablllkles Ba81¢ financial IiAbilitie4 includitt8 creditorg ffid bank IoAns are initially reco8nlsed at transactlon prlc¢ unless the arrangement consdtutes a flnan¢lng tr8nsactlon. where the debt Instrument Is mrasur¢d at thc prcJ¢nt valu¢ of th¢ futur¢ payments dlscounted at a market rate of intsrc3L Financial liabiliti¢s Gla8sified as payabl¢ within on¢ y*xr ar¢ not amorti5e Debt instrumthts arn SUb8¢qntIY carried at arnortlsed cost, U$in8 the effectlve intveAt rate method. 1hde CTeditor8 are obli8ation8 to pay for goods or servlces that have been aquiral in the ordinary course of operation$ from suppliers. Amounts payable are classified as current liabllltles If payment Is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are reco8nised initially at transaction price and subsequently measured at amortlged cost uslng the effectlve intsrest meth(Na. Derecognlllon olfinandal Uabjllll Financial liabilities are derwnised when the charity'$ contractual obligations expire or are dlschaW or cancelled. CrltleAI aceounthiz ¢8tlmatt• and Judg¢muts In the appli¢ation of the charity's aecounting policies, the trustees are required to make judgements, estimates and assumptions about the carylng amount of assets and liabilities that are not reAdily tpparent from other sources. The estimates and associated assumptions ar¢ based on historical experience and other factors that are wnsidered to be relevant. Actual results may differ from these estimates. The estimat¢s and und¢rlying a8Jumption8 arn r¢viwed on an on8oln8 bagis. Revlgions to accountin8 estimates gre r¢cogn3s¢d in the period in which the estimat¢ is revised where the wision afftcts only that peri or in th¢ perfod of the revision and tllre periods where the revision afftcts both current and future pffiods.
COOPERTS HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charltable aetMtle8 Manorcroft football MAnorcr*)ft Communlty expem Interttt Company Totsl 2023 2023 IllMe from ¢hHrftsbl¢ actlvitl¢s 9,000 9,000 5,646 3,000 26,646 25,705 For th¢ year •nd•d 31 De¢ber 2022 Manoreroft footb1 MAnor¢roft Communlty expen IDteYtst Comp 2022 Income from charitable activiti¢s 9,000 9,000 4.905 2.800 25,705 Analy81s by fund Unr¢strlcted Ilmds - 8enernl 9,000 9.000 4,905 2,800 25.705 Income from Invejtments UDrt•trlttsd UnreBtrlet•d fundi fundi 2023 2022 tnt¢rest receivable 151 10-
COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMEIYTS (CONTll¥uED) FOR YEAR ENDED 31 DECEMBER 2023 Charltsble aetfvltles General expenses Other expen8eJ Total 2023 Totsl 2022 Depreciatlon Electricityhvater Rent and rats8 IDsuronoe Pavilion malntenan¢e Telephone Administration Grounds m4int¢nan Audit fees Bad b¢bt wrlte off 8.619 8.619 6.043 2,500 3.996 7.718 1,654 8.619 6,043 1500 3.996 7.718 1,654 2,500 4.756 6.623 362 S16 810 (690) 1,150 810 1,150 810 23.871 8,619 32,490 31,171 23,871 8.619 32,490 31,171 N•t mov•m•nt In fundi 2023 2022 Th¢ net movemont in fund819 statsd all¢r ¢hAr8lnW{creditin8)', Depreciation of own¢d tsn8ible fixed 488ets 8,618 8.618 Depreclall¢w oflanglbles.. 7blal SOFA cAarye dWersJrom RS nékes by.. (i) (i) TruJt¢¢J None of th¢ trustees (or any pmon8 connected with them) received any remunqration or benefits from th¢ Charity durin8 the yeAr. Employ There were no employe durln8 the year. The average monthly number of employees during the year wa8: 2023 Number 2022 Number Taxatlon Th¢ charity is ¢xempt from taxation on its aGtiviti¢s becau8¢ all its inoom¢ is applid for ¢haritabl¢ purposes. 11
COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THK FINANCIAL STATEMENTS (CONTIIYUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Tan8lbl¢ fixed as8ets IAnd andFl¥tsre4 flttlj b4lldlnp & equlpment Cost At l January 2023 211268 41416 2J3,684 At 31 December 2023 211268 41416 253.684 Depr¢datlon and Impalrm•nt At l January 2023 Depreclatlon charged In the year 136,140 7.183 39.545 1,435 175.685 8,618 At 31 December 2023 143,323 40,980 184J03 Carrylng amount At 31 December 2023 67,945 1,436 69,381 At 31 December 2022 75.128 1871 77,999 11 D•btor• 2023 2022 Amounts fAlllng due wlthln one yeAr: Trade d¢btor8 Amounts owed by a88o¢IAted sections Oth¢r debtors Prepayments and acGnl Inme (i) 5.400 750 3,975 9,900 3.755 10.124 13.653 12 Cr•dltor8: amounts falllng dv* wlthln one y¢•r 2023 2022 Trade eredltor8 Other creditors Accrua18 and deferr¢d income 9216 1.000 1,620 712 810 11.836 1,522 13 Unre8trlet¢d fund8 At l January 2023 Ineoming Re8ourcesAt 31 Deeember expended 2023 Ocn¢]al tlmdJ 126,591 26,797 (31490) 120,898 12-
COOPER'S HILL RECREATIONAL TRUST L[TED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 13 UnreJtrl¢t¢d fun (CODtInu) Prevlou y•Ar: At l January 2022 In¢ornlDg r•80uree8 Re80ur¢uAt 31 Dec¢mbtr •xpond•d 2022 Oeneral funds 132,050 25,712 (31,171) 126,591 13-