Chirlty r¢strlIn nufflb¢ir.IlllllJJq (Tr:ngliind 1S'uliry Company rokl%lrnlliJTr nymlicr 01116i%hn COOPERIS HILL RECREATIONAL TRUST LIMITED ANNUAL REPORT AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
COOPER'S HILL RECREATIONAL TRUST LIMITED LEGALAIYD ADMINISTRATIVE INFORMATION IMBird LIurn¢T J T¢ncoi1i S Einincit G Wilsoii G Ilradbury Ch4rlty nllmbor (EAgl4nd aud W*lo•) 3051035 CompAlly numher 01061¥60 Prlnelpil drO1• Coopels Hill Lane En¥lcfi¢ld CTecn Surrcy Great Brilllin TW20 OJX Roilittred offlee 2 Soli8bury ao Wokinyham B¥rkshirc r.nylllnd Ra414AJ Audltor D E Hunter Limli¢d 2 Snlisbury Clo8¢ Wokin¥ham BeTkshlTe En8l¥nd R(i414AJ
COOPER'S HILL RECREATIONAL TRUST LIMITED CONTENTS Tru$tet3 report Ind¢pon(lent tsudifoei report Smtemenl of finfynelttl tIVitie1 BalAn¢¢ ihg¢t Not¢J to th¢ financiil Jtatemei) 8-13
COOPER'S HILL RECREATIONAL TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 Tlie INslecB prent thoir annuol report finBncial Jtslcments for ihc ycor ¢nd¢d 31 fkc¢mbcr 2024. Thc fin]cIAl httvo bcen prcpored in oc¢ord8nce wilh Ihe Recounling policici sel out in n¢)lo l io the finBneial Slutcments und Comply wilh the chirily* governing docum¢nt, lh¢ Comp4nie5 Aci 2Q06, kRS 102 "The Finnncial Rwnlns Standard appli¢Abl¢ in Ilic UK llnd Rcpublic of Ircland" and ili¢ Churilicg SORP "Accounling llnd RcpoTlinB by arItICI.. Statement of RocomincndLbd Prnclic¢ oppli¢obl¢ to ehuritich pr¢p&rinB t.1f o¢counlN in occordancc with the Ftnan¢i81 Reportin8 Siaithrd appllcable in ihe UK and Rwublie of Irelund (FRS 102)" ObJe¢tlvrf and •¢llvlil Tlic Trnsvs obje4Ys are to pruvidc or th88i8t in providin8 faeiliiics for recr¢alion llnd otlier lelwr¢ time occupation In or in coni)ethion willi the urblln districl of EBlio1 And ils Iici8hbourhoud. Thc policiLS aduplcd in rthranCe of Ih¢so objects ore to providc Sp7$ und rccTcnlional fllciliii¢s und Ihore kn no ¢hullBe in IhL%Q durin8 the yeir. Piil>llL' h(w4Ai The llilllces have pld duc to widnnc¢ l%sued by the Charlty Commission in decidino whnt a¢llvl¢les the charfty should un&thrtakn.
COOPER'S HILL RECRIIATIONAL TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (COYI TINUED) FOR THE YEAR ENDEIJ 31 DECEMBER 2024 Aehltvemenls and perfornianee Slgiiillcanl aciiiyliu aiid aclilevepieiiis ullalnsl obJectlys Boili fuotball and IEnni5 clubs Aguin boih paid Dll their qullrlcrly 5ubs¢rlplions, Thc tuinis club hos completcd th¢ Iniroduciion of a 8ynth¢ti¢ ¢loy surface, willi it now boing 4bl¢ lo off¢r thrcc dilTcr¢nl playin8 surfoccs on th¢ Jllm¢ silc. It also ¢ontinucs to build rcscrn towards A POl¢nti41 (LbD bascd) upwadc of ils floodlightiftg. The footbxll club continucd investment in pitch mainleAan¢r and improven%nL lo Co wilh lis ¢xpdndinx plAyillB numbcrs. al leusl in part du¢ to A &gnificanl increase in the numberi of 8irls land ludiei. (camo. Al y¢ar end, I1 two nehieved a record total ptsyin8 memberjhkp in excess of650. Tho Community Ini¢rest Cthiipgny ICIC) ¢ontinue8 io otrer i gym (person81 tr¥4iner) hcilily and Spo physio trellThI. Numbcrs ha remained thble Acn)ss 2024. agaln enablin8 ibe Bym to rtIr develop Iti equipnThi offering. Flnan¢¢ Dudng 2024 th¢ TTUSI collilnued 10 bencfl¢ ttom Tent grant rellef. and. for a founh succeulve yrnr. Ilie fooiboll rlub r¢¢¢ivcd a Nftilonal Footb411 Foundaiioo £4K Bran¢ ftir ihe deloPmE of their pitc1. Ryym¢ni ot 2020 tDJ8t loans to both th¢ footboll and t¢nni• #180 ne eomplotion. Durins 2021-2023, Ihe trust account# rep(Kied thre¢ Auccessive yeorn ofprofii and the si8niflcant tecurnulation ofcash reservu. Thii rc¥¢rye oiwblel Ihe tru51 to. inicr all&. sP in and 8UPPOrt the operatln8 se¢tion8 on ihis land in the evcni of thclr rnniiins Into unforcs¢en. Ihort tenn flCial difflculii¢4 in t¢nr15 thai kccp ihc faL'iliilc8 opcn In lfilmli of ih¢ Coopcr8 Hill Recreational Thi# obJ'¢clivos. Building 8u¢h rurrvci, and utiliiin8 vArious exl¢rnal fu1n8 routss. allo the to support mAjoT initiatives for the Coop¢rB Hill Bil¢. Ill IhT8 regpecti w¢ report durins 2024 the ¢)1¢tIOn of • rnthrbi8hm¢nt ora numb¢r of tonttis Court plAyin¥ 8urfa¢u, Ihe rnpoirl upBradifft8 of the pDth l¢adin8 lo thE ¢ourti, and th• in¥tallolion of h•ndrnili. the inBt4ll•ilon ora ii8lllfiuntly upBr4d¢d kli¢hen fA¢lllty in th• m8in pllvllion a m4iOT up8Trde lo lh¢ changing room8 I ghowers I toltths In the rngln pvlllon. to Improve 81fegugrdlng 4nd suppon the exp&n$ion of 81r1ladI¢b. foothall on the ¥lt Vartousty 8upportTn8 ihe8e ptDjects hu drained the r¢setve$, whi181 th¢ sito his also experienced much hT8her energy and wat¢r eoiii. As such. expcnditure been signifjcanily high¢r Ihxn incorne in 2024, with Ihc ch oi Ihe bank dropping from £53229 (cnd 2023) to £20252. This ts j1 bclow thc Inmt's tsrgct wsilion ofkecptn8 on¢ yc4r'8 income on deposiL so r¢building of id reBerv# will bc • lary¢t for2025. dwm¥ whith no nvw mAjor cxpcnditUT¢ projLly vc planned. In iummary the TTllit h4S SUPP(Jrted & number of mhjor improvements to the 10 whilit miintiiningi r< finoneial p08111on. 11 Iherefore remgini a healthy and Boing concern moving Into 2025 and beyond. AS ever. I would like to thank th¢ dircctorJlIrusel and s¢ction reprc8eiilalivu for rh¢ir tlme. hard work and dedicitioft, l ol Conflrni that no membgrs of Thiit are rernuneral¢4 tlwush Immat¢rial amounts of adminislrAtion cxpenK% are reimbutjcd. Fln•nelal revkw Resenvxpoll¢y' It is lh¢ policy olik chlty unratricted funds whlch have not been deB1wl¢d for A speciflc uie should bc moin(ained ai levcl ¢quival¢ni lo three and ¥ix month4 exp¢nditure. The tntsteeA con¥idcr th&t reserves 41 this level will ensure lh. in tho evont of a $iBDif)¢ant drop in fundin& they will be oblo to conlinua thè chArity's ctsTr1 zctivities whil¢ ¢onsiderolion is giv¢n to woys in which additionol fundg may be rllised. Thi% level of MeThes h69 been mninroined thTOU8hout the year. Mrtjor i'i¥h The IN%iees hDve &isesscd the major riskB whi¢h the charity li ¢xpoxed, and Are ¥otisfied Ibat syylems are in plice to miligole expoxure to Ihe major risk8. Thc charity is a compuny limitcd by 8UllTMnC ond noi havinu o slillrc cllpilnl.
COOPER'S HILL RECREATIONAL TRUST LIMITED TRUSTEES REPORT (INCLUDING DJRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED JI DECEMBER 2024 Th¢ trusfccs. who arc also the directors for the PUEPQS¢ of company law. and who served dur the year and up to the dalc of sisnatyre of the finanrial ¥t4t¢ments iver¢: IMBird L Turn¢r J Tenconi S Emme G Wilson a Bladbury RrMIllni ond4ppoliiiffleiil ofinuleej The board of tn4ie¢i review and leek n¢w trusi¢e member$ 8hould the need 8ri8t, ellch new Inlee li 8iven ip¢¢ific guidtsnee and IraininE by the board lo cnabk them lo Cany oul ilicir dulit¥ will) sutricienl proficiency. Nonc of Ihe Iruslces has any benefi¢iul inlereat in th¢ ryny. All of ihe trustees ore members of the MpanY and 8uarAnte¢ to Cfntribute £1 in eY¢nt of 4 windin8 U OiherttMllerJ 8tatsm¢nt of ¢rnrttt• mpoub)lItI¢l The tru8tee4 who are alw the direcrA of Cooperfl Hlll Reer¢atloNI TruAt Llmiied for the puwffje of ¢ompDny law, brn respolble for prepirins Ihe Trustee¥ Report 4nd ihe fininei41 SWlemeDts in ¥¢Lwrdgne¢ with applie4blo ind Unitcd Kln8dom Accounting Sthiidardi (Unlkd Kingdom Genernlly A¢c¢pi¢d AccounEln8 Prncti¢e). CompAny law requiTei ihe irnitecfi to prep¢ fln•nciAI teients for each flnan¢lftl year whleh 8fve a trnt Ind fair view of the olot¢ ota(fAirn of ih¢ ¢hirity And of Ihe in¢omin8 ro•our¢u Ind 44>1i¢•lion of r¢Mur¢e4 in¢ludin8 th• InMe And •xpmdliur of the chRriteble compgny for thllt ytrar. In prepartng the futhn¢ial 5tar¢m¢nis, the tNs1tt5 are required ty.. - 8¢l¢ct 8uithble tt¢ounlin8 policies ind then Apply Ihem con$iwntlyi - obmg Ihc meihodl principles in the crlIe1 SORP. - mak¢ jud8omonts Mnd estlmilei th41 ar¢ Msonable Jnd prudent: 8nd - pryre the fllwn¢ial 8141¢uKnts on the goinB ¢¢)nc¢m basis Unl1 it is iiiapprw¢¢ (o Pf¢5wn¢ that th¢ ¢hwity will continue In operntion. Th¢ lThsteei Are responsible for keepill8 adcquek 4¢couDlin8 retords that diiclose with rea8onabl¢ accuraey Mi Jny time lh¢ f¢701 posilioo of ¢har5ty 8nd enable Ihem ensure that the flnanciAI slatomenti ¢omply with the Comp•niM Ael 2006. Thvy rcspon8ible for sftfe8uardlng th¢ aswi of the chNrity and hence for leklng reoionllbleAt¢p8 for the preventiollind dc£tion of fraud and other irre8ulATiIiu. Alldltor In aee¢)rdanee wilh the company's articJcB, • resolution propojlng thal D E Huo*r LImlI be apIled lliiditor of Iho eompany wlll be pul al a GenerAI Meetin8. Thc Irllxlees report Wos appn)VLyi by thr Bollrd of Truslees. S F.mmell Trustoe
COOPER'.$ HILL RECREATIONAL TRU.ST LIINIITED IliDEPFNDFNT AUDITOR'S REPORT TO THE TRUSTEES OF COOPER'S HILL RECREATIONAL TRUST LlhllTED Oplnlon le liaiy audiL¢d ihe financial slaiemenl% OF Cooper'i Ilill RecrelllionDI Tnjsl Limiled (the 'dwriiy') for tlie year ended 31 De¢L1b¢r 2024 WT hich comprise lh¢ slaiem¢nt of financial uciiviliel. the b21ance sheei noie% io ihc finineial slaiemont& in¢luding significont accuui)lin¥ poli¢ics. The finanrial r¢ponin8 framcwork that has becn 4pplicd in Ihcir prcparmlion 1% pplicablc law and Uniied Kingdom A¢¢ounling Siondnrdk incliidins Finonciul RcpoMin8 SlaTllrd 10? Thc Fliiaiirlul Rcponliix&d1idffl4Wplleftble IM rhe UK aiid ReJ)ublle oll1r1lId(Un1lcd Kingdoin GenerullyA¢ccpted Accountin8 Praclice). In our Opinion, thc finllnciol 8lal¢mcnis: 8iV¢ A tnK and fuir view of thc othie of ihe charithble cornpwiy's Aif#ir¥ as 31 December 2024 01 of its incomin8 reAourc¢s aThl opplicaiion ofrexource%. fur ihe ycor tlien ended; hav¢ been properly prepored in 4ccord8n¢e wlih Uniicd Kin8dom GertLYally Aceeptod Ac¢ounlin8 Praeti¢¢: hivo been prared in ordAnce with Ihc rcquir¢ments of the Compun1 Act 2006. Als for oplnlon We ¢ondu¢ted our audit in accordance wlth Int¢rnJiional SthndArdi on Audlting (UK) (ISA8 {UK)l and Applicoblo l&w. Our relponsibilities under tIK)so sf•ndardi arc thrthcr dcrlb lft Ihe Auilliur'l iY¥punsihilliles for (he ffiidli uf ihe fliiAIiL,lrtl Ilaiemenls le10n ofour report. W¢ are ind¢p¢nd¢nl orth¢ churily in 6cLonlunG¢ wilh ilip cihical requirwicnls IIIEI orc rclcvani our pudlt of the flnancial MLDt¢ment8 In the UK. in¢luding ihc FRC'S Eihicil StsndAnl, ond huve fuifillcd oiir other ¢ihl¢41 re¥poD¥ibililie8 in accurdanv with ihcs¢ requir¢menis. W¢ beli¥ve ihBI Ihe llLail evidence we hove obthined IA yuifjcieni and approprlaie provide a bR$iN far our opinton. Cone1101 rehllnl lo Kolfjg coneern In ftudiling Ihc financi&l 8iotemcnls. havc wncluded Ih81 the lThsteeA use of th¢ going ¢onccrn bA8i$ of aeeountln8 in the prqmrailun of th¢ finRncioI st#loments li oppropriat¢. Bosed on the work we have p¢rfornied, we hAve not ideniified any m2terfol uAcertainile8 rel&ilng tn events or condilions thal. individuolly OT collectively. may ¢ht Ji8nifi¢aiil doubi on ihe charily'¥ abilily Iv conlinuc aj a 8oin8 conrern for a periud of al l¢a8t Nolve monihq from when thc financial oratementi •r• thuthori¥d for Its Our Mponsibiliiim •nd ilie MJx6Mibilltiu of lh¢ irust¢ei wlih r¢6pe¢t 10 8olns conccm att dacrib¢d In Ihc relevant K¢ii0118 of thls re OlherlDformAIIo Th¢ oiher infomiailon compTIAU Ihe InfornMtion included In the annual report othLY than thc flnandal sthlemont¥ and our auditoes report Ihereon. The trnSe6 are re5pon%ible for IhE other inforn)ation conLgin¢d WiEhln ihe annu41 roport. Our upinion on the financial slBt¢mulg docs eover ihe other infom&iion and we do not cxpwss ony form of atsurllnce wn¢lu8ion thueon. Our rcsponsibility iy read the oiher infonmilon ofid. in doini Ao. conxider whether the other inforniation mateTi•lly inconsi8tenl with tlic fin4Rcial ithlemenim or our knowledug obtalned ill the couThe orth¢ audit. or otherwiie appea to be mfyteriilly rnisTtswd. ff we Idcntify Buch incon8l#tencios or Apparent m8t¢Tial mi18l•trnnw, we 4Te r¢qiliT to dEIlle wheiher Ihis Biv¢8 ri8¢ to i maieriAI mi851aiem¢nl in the fina11 8LAiernenls ihemselve¥. Ir, bL%ed on Ihe work w¢ havc pcrfonnd. COld that th¢r¢ IN a m4tcrial mixxatemeiit of this oihor infomiation, w¢ arg required to repl that facL W¢ ha nothing to r¢port In Ihi8 roB4rd. Millers on whlcb we arn requlred lo rtport by exeptlo Wc hove notbing to pOrt in Jrsp¢¢l of ihe followinm maiWS in relation io which the Chariticl (Accounts and Report8) Rc8ul#tions 2008 Tequires us lo lo you if. in our opinion.. th¢ information given in the finnnci#l sr4iements is incon$isi¢nt in atty matcrial res1 wtih Ihe trust report: or LklTicieni nccounling rccords have Mi Lcn keO' or the financial ithtemellts are not in agreemenl wilh Ihe •¢¢ounlin8 recoTd& or we hBv¢ not received Ihe infDnnulion and pIn&t10Th1 wo rnquire for our audit.
COOPER'S HILL RECREATIONAL TRUST LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THF TRUSTEEÈ> OF COOPFRIS HILL RECREATIONAL TRUST LIMITED Rosp(bll%lbllltles of trnste As plaInd fully in Ilir slalemoil DfiTusi¢es rr5ponsibililie5, Ihe ttuslecs, who Ive a150 Ihe directors vfihe charily for Ihc purpose oPcomp4ny law. are r¢5ponsible for the pr¢parnlion of the financial slalenients llnd for bcing solisfied thBi ihcy give a Iru¢ #nd fair viow. and for iuch inrn&l coiilrol as the In1¢0 ddcnniiio is IresSry io ¢nabl¢ the prepaTrlion of fina11 8laicmcnts ilwt are frcc from matrrilll mi8sloi¢mcnt. whcthcr due to fra1 or error. In propurin8 tho financial itotemonts. tho ITU8te¢8 arn r¢sponBible for ass¢8JillB thc rharily's ability to continue as a goin8 ¢oncery disc105in& & applible. mottor8 relDted io ¥oinB Concern and usinu Ihe goin¥ ¢on¢¢m ba515 of accounlin&i unless Ihe Iruslers eiihcr inlcnd to liquldate Ihe chorilable company OT to ¢¢Me operotiow, or havo Do TeAliitic oliemDtsve bul lo do so. udItol rownblI1 for the Audlt of the nngn¢lAI ilAltmènts W¢ hovc been appOind a% auditor und¢r 5cclion 145 of th¢ Chlriilu Aci 2011 and r¢port in AeeordAnce with tho Act r¢kvant r¢8ul&lions mad¢ or hovin8 t(fcct ther0ur. Our objed1$ ar¢ lo reosonable assu[we Aboul wh¢iher the financiAI Slal¢mcnls 08 a whol¢ or¢ frcc from mAieril mi1814tement, whdlKr due lo froud or crTor. Dnd th issue an auditovs report t11 includes ouropinion. Re48onablc as8uniiice Ig ht8h level of 4[ance but 18 not a ¥uaranl¢e Ihat audit conduclcd in acran¢ with ISAS (UK) wtll 4lway¥ d¢tKi mAteriRI mlsglotomenl when it exiit8. MiNBtBlcm¢ntB ¢on arise from frnud or ernr ond Dr¢ ¢on8idpr¢d mDt¢ri41 if, individually or in (he aggrwie. Iliey could reasonably be expecied influenL'e the eeonomic decisiong of urA thken on ihe bAÉii of theie tlnnncial Itawm¢nts. The extent to whleh ourpm¢•dura ir• ¢opAbl¢ of defrctins IrroBularltlc4 Includins fraud, li detoiled below. A fvrthcr dcscrioion of our re8ponsibllilleJ Ig avallAbl¢ i)n rh¢ Flnanclal Reportin8 cou11.9 wobiltt ai: httpi:Ilwww.fr¢.or8.uW AuditornMpoNibillti¢i. Thii du¢rlptlon fornM part of ¢T auditoei r¢port. This report18 mada solely to the charity's body, In ac¢ord4n¢o with Pirt 4 of the Chirfiks (Accounts ftnd R¢porti) Re8uIAtioni 2008. Our audii work hAi been und¢rtAken io IhRt we might ¥tate lo Ihe chority'i tN¥tees those mffttern Irc quireil io state to them In an auditor's report and for no o11 pu0. To the fyllest extent pennitted by law, wt do not Accept ora88urne TeBponsibility to anyone other thtkn the charity and the charity's tru8(oes as o body, foT our audli work, for thi5 repo or for the opinioni w¢ h•v¢ formed. Mr Davm John H¥nlor FCCA (S¢nl•r Sttutory Audltor) For And on behalf of D C Ilunt¢r Limi& StstUry Auditor ChAnorod certifi AccouDtAnts 2 Salimbury Close Woklngham Bwkshi RG414AJ England D E Hunter Limited 1$ ¢li8ible for •ppoinlix¢nt ts audi¢or of ihe charity by ViTlue ofils ellsibility for appolnthient as auditor of A cornpy undorsection 1212 of the Conipknia Act 2006.
COOPER'.S HILL RECREATIONAL TRUPiT LIMITED STIlTF.Nifi YT OI". FINAYCIALACTIVITIES II%CLUDING IIYCOIIIE AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unr•slrkted U•reilrl¢l¥d funds 2023 2024 Notpi liieome and endownwnts from: CharilablL I1]vIlicS Invcsim¢n Oihcr Incoiiie 29.461 54 600 26,646 151 Tgthl Ineomo 30,115 26,797 Lxpendlture on: Chtsrilllble theiiviliei 61037 32,489 TO expeftdllllre 66.037 32,489 r4et expendlt•re •nd movemont In Ibndi (33.922) (5,6S12) Ree(trnelll•llnn of Thndi: Fund bulunc¢i nt l Jmniillry 2024 120,899 120,591 Fund b41¥ncei •t31 DoLYmbor 2024 84,977 120,899 The si&iemenl of finaneio18clivili¢* lftdudes ill yini WKI Ige& ree0¥ni1 in th4 yéar. All IornI al •¥pdilure deriv¥ from ntInuIng aetivitics,
COOPER'S HILLRECREATIONAL TRUST LIMITED BALANCE SHEET ASA T3J DECEMBER 2024 1014 1023 Not Flxed Tansible osÉets 60.762 69.381 Current aMe¢i Debiors Caili at bonk ind in hand 12 7.007 20352 10,125 53,229 Crndltoni Anwunts f•lllni due wlthla on• year 27259 63.354 13 (3.0441 111.836) Not ¢urr•nt 24215 51.518 Total 2iitts lul ¢urrenl IIAbllld 84977 120.899 The lknndi of th• ehirlty Unr¢stTiCted fvnd$ 14 84,977 12Q899 84.977 120,899 The eompany li entltled to the exemption from tht athllt T•qulr¢ment ntaIned in 8e¢tlon 477 ofthe CompAnloB Act 2(W for the year ended 31 December 2024. The dlTKiors acknowled8e their reJrK)nsibiliti¢s for ¢omplyln8 with the r4uirrni¢Mts of th¢ Compadu Art 2006 wlth we to i¢wunlin8 rccord8 the prepwl0Q of tlnAn¢ial itAtemenli. The fltwi¢lAI 8ta*ments have PTepArod In aceordfftnco wlth th¢ provtslorn appli¢abk to ¢OrnPAnies iubject to th¢ imall Tr rin0n¢i xlalements wert Approwd by the trnSte on... . S Emmett Truitse O Brjdbury Company registration number 01061860 (England and Waleg)
COOPER'S HILL RECREATIOl%IlL TRU.4iT LIfvIITED OTF.S TO THE FIYANCIALSTATEIllE.NTS FOR THE YEAR ENDED 31 DECEIIIBER 2024 Aceounilng poll¢les Chlrlly Infornilllon Cvopefs Ilill Recreaiionil Tn[ Lliiiiled is A priiiie complln). limiled by guorJniee incoordi¢d in Eiigland and Illiilu. Tho ff¥isr¢rcd oificc is ? Sttliibury Cloic. WokiM&vhani. BLrksliirL'. RG414AJ. IngltLnd, 1.1 AecountlHg conventhbn The finthncilll ¥ratellnIS haiie becn preparcd in oceordoncc w'ith ilw chnrilg Articles of A85ociniion of 15172. dio CompAnici Acl 2Q(16 and 'AcrouniinB RcportinB by Churilies: Sinkniiemr of ReeornmLnded Pructicc applicoble 10 ¢hariii¢¥ pr¥'pllring ilieir ac¢ouiils in uccordaii¢¢ willi IhL. Findnciul R¢portinK Siandurd oppli¥obl¢ In Lhr UK and R¢publl¢ of Irelllnd (FRS 102) (clT¢aive l January 21J19)". The churity is ll Public IILllL.fil Cnlily os dL.fined by FRS 102. The charity has thkcn odi'oningc of th¢ pro%'isi(Aii in the SORP for ¢lwili¢J applyiiill FRS I fi2 Upda1¢ Bullclin I nol 10 prepare o Siaieincnl ofcasii l.'low iThe finttnLiAI %ini¢mcntX Ar¢ prcpurcd in TlIng. wliiL 1% the funLlionNI currency of tlie Lhthrily. Munclury niiiounli in Ilw Elnancinl siatoincnts ar¢ rounded ihe £. Tlw financial st8M¢ni5 hov¢ be¢n pr¢pArod und¢r the historical Mst ¢onv¢ntion. Tho Pri1p&1 ¢0(in8 po14¢i¢$ odi)Plod out b¢low. Aa Coln% eonemi Ai Ihc Itme ol'approvlng Iljc financljl siAwillcniK the tru%iees' have a reasonablc expecialion Ihii Ihc chlrlty has adcqualc rc.¢ Li)ntinu¢ in vpcr41i4Thal exi%i¢n¥¢ for tliu furL'%cethblc fuiure. Thul lh¢ truJl¢¢i ¢uniliiuo w 4ilopi Ilik 1n goncem basis of &cnITn9 in preparing tlie finuncilll stsi¢menti. 1.3 Ch#rlt•ble fundi Unr¢8iriCt¢d fvnds are w4llAblo for u80 at the diKr¢tion of the truJloeB in fiJrth#rnnc• of their ¢hnrithbl¢ obJe¢tiV. IJ In¢om me is r¢¥vwii¥¥d when ihe charity i¥ ILS41Ily ¢nliilLxl lu it aflcr any pLTrunnon ¢vnditiuns kn•v¢ b¢a illeL Ihc gmounts can be mctssured wliably. and it is probllblc that incoine will be rEceived. Cash donulions recii#niied on r¢¢¢ipl. Other donaliun¥ ure TcLollniied unee the clwftty hni been nulilied of Ilie donaiion, unless PCTfornionce condilionA r¢quir¢ dcfem41 of tbe amount. Income tax Tttovcrabl¢ ID Tel10n to thmlliio TeL'•ived u#der Gift Aid or deedi of Loven*nt li recouniled ai the time ofik¢ donlltion. L¢wi¢s r¢¢o8nlR¢d on ¢¢1pt ar otherwise ifihe charity ha8 been nolifjcd of imp¢nding disiribulion, tlic wnount li known. und receipi is expccied. If the wiiuunt iy not kn¢Jwn. Ihe le¥acy is iTehled IL% # conlin¥elli gS%¢L 1.5 Exwndltur¢ Unmrricwd fvndy availnblc for UAe At ihe diMcr¢ilon of the tnisieeA in furthernt offhclr chArftfihl¢ obj¢¢tlveJ. 1.6 Tlnglble flxed Aiiots T¥ngibl¢ fixcd #Metx Are iniiinlly mcuuT¢d at 1 subsequendy ineuurcd 4¢ cosi ur vuluthtion. n¢1 vf deprIall0 find thy impairnknt losae& Dcprecialion is TonISed 80 as h) wrile off ilic coll or valuaiion of asscls le ih¢iT residu8] values over their woful livci on Ihe followin8 boses: Lund ond buildings Fixtur, fittings & equipinent 2J to 5% straight line 25% strni¥hi line
COOPER'S HILL RECREATIONAL TRUST LI,MITLD 'OTES TO THE FIYANCIAL STATEMEYI TS (CO,YTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Aeeountl48 polfel¢• (Coftilnued Tho sain toss iri#inB on th¢ diipoMI of aS¥¢l is deicrniincd as ihe dTtT¢rence b¢iwccn the solc prucecd5 aiid th¢ ¢firryin8 value of the Mset. and is re¢o8niscd in the Bthiemcnl orrilloncial athivilics. 1.7 ImpAlmeit•f fl amets At ellch r¢porting end dat4 th¢ chority rryiwvB th¢ coyrying omounts of its tsnLible 0cts Its determine wheiher there li Any indication thai those asse1% h•ve sulT¢red An impairyThcnl lou. Ifllny wch Indirion cxist& ihc rccovcTablc amounl ol tho 11 ¢llimai¢d in OTdcr10 dctcrniinc Ihc exleni of the impllirnxnt losi (if any). 1.8 Cth rtnd equlvalenti Cash and Cash equivalents in¢lud¢ ¢•ih in hnd, de118 Ild #l ¢all willi bknk4 olr ihortrtsmi114uid InveMm4ni$ wilh Original of thT¢e moiiih8 or lem. und bArtk overdrnftl. Bank ov¢rdrnft8 are Shown witliin Ixirrowings in eurrent Ilabllitie 1.9 Thinfl•l Initrumenti Th¢ ¢htirity hai ele¢td to Apply the provlilorts of Stclion 11 'Bosi¢ FinaneiAI Inilruments, And Scction 12 '0ther Fina11 In8trun*nls IsJuo' ofFRS 102 10 all of its finanrial in$iruillents. Finan¢iol in4truments are Trcogniwd In the crity1 bthn¢o 8heel whLin iho chArily b¥e(mio8 paty to thts cuntrnetl provisions ofihe inslrJm¢nl. Finmielal ¥819 and lilbililits are offxet, wxth lh# #mnunli Prented in t1 filnCl81 itat¢mentg. when there li legully enforcouble ri8ht to sel off thc Tceo8nised omouni$ and there li an intcntion to senle on anet ba81s OT to r¢oli8¢ the ¢1 ilK liability $imulloneouJly, 4vkflrtan¢141a•Mts Baiic lln•nciil aJ$¢l$, which include d¢b¢orn and ¢18h and bink balw Jjre Infjiially measured * transaction price including IronsKtlon ¢ost$ and are subsequently ¢orri¢d at Amorti8ed c1 uiin8 the eff¢¢live Intewit method unless ilie arranB¢ment conNtilllt¢s 4 financlng transaction. where the tr4n8a¢tion li moa8ured at the pres¢nt voluo of th¢ futu receipl$ dig¢ounted at * mwkei rAt¢ ofintere81. Firt$1 ¥SBelJ classified as receivable wiiliin one year 8r¢ nol imortised. Basl¢fl#4nelalllabNllki Basi¢ fina11 liabililies, In¢luding crediwl and bAnk lonn8 art inilially r¢sn[d ai tran6acilon pric¢ unleJ¥ the 4rrgn8¥'ment constitutgs a fIn&in8 trans110 whcrn d#bt instrument is mewur¢d nt thc prgscnt valu¢ of thc futur¢ PAym¢nts discounted at a maTk¢t rote of inteTest. Flnin¢i41 lillbllilitt clusified ag payBbl• within yew Arn nol nort11. De in¥lruix¢nl¥ Ke ¥ubgequently carried tht ainorti¥d co, usin8 the ciTectiv¢ InterestrAt• meihod. Trado cr¢diiori are obligalions Io PAY for 8ood8 or servic¢y Ihal have been QCqUiTed in Ihc ordinary cour8¢ of operntions ftoin 8uppli¢rs. Amounts payablc Jrc ¢loMified as current liabililics if paymcni is duc wlthln one y¢ar or los& If nffl, they aTe piThentod os In-cUrrent liAbilities. Trod¢ ¢rcditOTS Ire reeo8niied initially llt transaction price arKI ¥ubsquently mcasured al Amortiged coil uBin&b I1 ¢ff¢ctsv¢ inlcrcNI method. Depe8111& offinaNddlllAblllrfex Financial liabililitt 4r¢ d¥¢¢opJisd whon Ilip chority'5 ¢ontrKwBI obli8alioM expire or are discb8r8ed or ckneelled,
COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (COIYTINUED) FOR THE YEAR EIYDED 3] DECEMBER 2024 Cr11k aecounllng eImal and Judgements In the applItion of t1 drIly'S a¢¢owiiin8 pgliri¢& tli¢ INS5 ruld io mAk¢ judg¢m¢nts. £Jiimuics and ssumptions about t1 ettryitt8 amoiml of agscls llnd lithbililics Ih8t ore not Toadily opporent from other sourccs. Th eSliJnal¢s and associated umPI1n5 are based on hi51orical uperiLwe and oihgr faclors thal ure ConSidLY to b¢ rclcvanL Actulll rcslllth rnuy dltY¢r from lhC osiimalo The esiimAtcB and ndOrlYIng Th8siimption$ &re Teviewed an ongoin8 b71. Revisioni to oceounting e8timAtei gre reco8nised in ih# pwiod in whicli tlie is rcvi8Lid wheTe Ilie revision AfftLl• only ihThi peri(xl. or In the period of the r¢viiion and thiurc p¢riodi wlKr¢ Ihc rcvi8lon olTccts both ¢umt And thtur¢ p¢riodi. Charftqble •rtlvlil M•nor¢rolt MIMrcroft copTr Illll Tot1 20 Tot xo 10 In¢om¢ from chllritablo tiviii 9.OOCI 9.000 8,461 1000 29.461 26,646 For th• yr end¢d 31 D¢eember 2023 M•q•Y¢mft Copp•rs HUI •xpeAitt trAJnthielllb footb•M 23 Income from eharit•ble eiiviti¢8 9,000 S,046 3,000 26,646 AnalyJiJ by rtd Unn8iri¢ied funds- 8¢neral 9,000 5,046 3.000 2(646 lll¢ome fr•m Investm¢nts ljnreitrlcted UllreJtrl¢ted fundi funth 2023 Intcwst receivable Isi 10-
COOPER'S HILL RECRLATIOIYAL TIIUSI. LIMI'fLD 'OTES TO THE FIYI ANCIAL STATEMENTS (COYTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 OthLY In¢omo UAMlrl¢ted UDreitrl¢¢ed funds funds 2024 1023 Other inMine 600 Chirltble ¢tlvll GenerAI Oiknr expeni¢s ¢xptn Toll 2024 Total 2013 Dcpreexation Ele¢tricitylw410r R¢nt ond rniei INurnno• Pavilion m81n118 Trlephon¢ Qn)undi mtsintenm Audii fee8 Chriieble pxpWl1uTe heIng 9 8,618 8,618 17.2111 2J70 4JlJ 5,329 1.812 25JOS 810 15,618 6.043 2.500 17.218 2,370 4.313 5,329 1,812 23,50J 810 60 7,718 1,654 1.150 810 57.419 8.618 66.fiJ7 32,489 57,419 ,618 66.037 32,4¥9 wov¢men¢ IB fvndi 1024 2023 Th¢ not mov¢ineni in i• •thted afr charyln81(¢r¢dlling): F¢e8 payable fur t1 audit of the ¢harily'S finllncial ¥lalements Depreciation vf owncd lanBiblc red asS¢II 8,618 &618 Truits None of the mist¢gs (or finy p¢rson8 eottn#ted with thwn) rxeived Ony remunerntlon or benefits from the ohtirity durin8 Ilw yeor. 11
COOPER'.S HILLRECREATIONAL TRUST LIMITED NOTES TO THE FIYANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Emplo)'e Tliere wore no CmployS during Ihe ycar. Thc &vcra8e monilily nuiikn of empltsy5 durin8 the ycnr wos: 2024 Numbor 2023 Nuniber 10 Thxatl The ¢lMrity i• ¢xempt from tllxation on Iti J¢tivitiL'8 becoui¢ all ill InLMe li applied for Charitob pury>ose8. Il Thnslble flx¢d #Hets IAnd ind Flxrnru. JItIlD bwlWly a eqylpm¢nl At l January 2024 211,268 42.416 253.684 At 31 Deeemlyer 2024 211,268 41416 253.684 Dopreeltsdon And Impltrment Ai l January 2024 Dcpre¢iaiion ¢hgr8ed in die year 143J23 7,183 40.981 1,435 184.304 8,618 At 31 D¢¢ember 2024 150,506 42,416 192,922 Crrylni At 31 Dember 2024 60,762 60.762 At 31 D¢c¢mber 2023 67,945 1,436 69.381 12 Debtn 2024 2013 Amou•t* falllni dut wl¢hln ont Yr. AM1n16 owed by Asaoci&t¢d Jectioiis her debtors Prepaynents aErf ac¢rn¢d income 2MU 5.400 750 3.975 4.357 7.007 10.125 12-
COOPERIS HILL RECREATIONAL TRUST LIMITED NOTES TO THE FIYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Cr¢dl¢on: amounli f•lllnK due wllkln one 2024 2023 Trgdc crediton Other credit( A¢¢nlI And def¢rred ineoin¢ 2.234 9216 1,000 1,620 810 11,836 14 UnY¢•trl¢ted fundi At I JAnuary 2024 Ineomln8 Ra•ureMAt 31 D¢¢¢mbér ¢xpend¢d Ocnornl fundi 120.899 30.IIJ 166,0371 84.977 Prevlfjui ye*r: At I JAnuAry 23 liereAt 31 Deeembor expendtd 2023 r¢•otyr General thnds 126,591 797 (32,489) 120.899 13-