CPIARITY REGISTRATION NUMBER'.507943
Belbroughton Recreation Centre
Unaudited Financial Statements
31st March 2024

Belbroughton Recreation Centre
Financlal Statements
Year Ended 31 March 2024
Trustees Annual Report
Independent Examlners report to the Iruslees
Siaiamenl of financi81 aclivllies
Siai8menl af financial position
Note$ la the financial slalemènts
Page 1

Belbroughton Recreation Centre
Trustees Annual Report
Year Ended 31 March 2024
The Iruslees presént their rèport and the unaudited financial slalemenls of the charity for the year ended
31st March 2024.
Objectlves and actlvltles
Objectives and actlvltlos for the Publlc Beneflt
The purpose of the charity as set out in the Scheme is the use of the land and buildings in the provision
of facilities for recreation and other leisure lime occupation in the interests of the social welfare of the
inhabitants of the parish of Belbroughton and with the object of improving their conditions of life.
The primary objective of the Managing Trustees is lo carry out that purpose and lo improve and increase
the range of facilities wherever possible within the scope of avai18ble funding.
Electlon and fun¢tlonlng of Managlng Tru8tèe8
The Managing Trustees or Committee of Management, can be a maximum of eleven in number. of
which five are elected for a period of 8 year in an annual general meeting. Of the other six. three can be
appointed by co-option and three are appointed by the following for a periocl of a year..
Belbroughlon Parlsh Council
Belbroughlon Tennis Club
The hall and field users
The committee meets a minimum of four limes a year lo dètermine policy and lo review development
and finance, leaving day lo ¢ay operating decisions to the chairman, filed manager, hall manager and
treasurer.
There is a tWQ-W8y Communication between the committee and Selbroughton Parish Council, as WÉ are
dependent on a large extent on the Council for grants and loans to enable us to fulfil our operating and
development objectives. There is also consislenl liaison with our users to ensure that we overcome any
practical difficulties they may encounter in the use of our facilities.
Page 2

Belbroughton Recreation Centre
Trusteas Annual Report
Year Ended 31 March 2024
Achlevements and perform¥n¢o
Achlevements and Performance Revlgw of PrlnGlpal Actlvlties
The Recreation Centre provid85 the maln facility for sport and recroalion within tha p8ri$h of Belbroughlon
AclivS1ies such as junior loolball, tennis, bridge, Indoor bowls, dog Ir8inlng, exercise and dance sessions,
kick boxing and play areas for th8 children continue lo be well used. Th8 coaching facililias for chlldren,
both for tennis and foolb811. allract large numbers form Belbroughlon and 11$ neighbouring
villages.
The playground area requlred rnajor improvements and fundSng was secured though grants and donations
lo comploiely replace and ￿des19n th8 area. The work was ctsmpleled in 2021 and a new fixed asts61 was creaiad
al a value of £89,996 representing the cost ol the equipment and the inslallalion Including naw flooring, banches
and fenclng whora requlred. Thls asset is beln9 deprecllaled ov8r 10 years.
Malntenance and capltal 6xp8ndltura
Capital bud9è1s remaln Ilghl. Usual malnlenance and running repÈirs were undertaken lo malntain thè
facilities within the hall and on the field.
Last year the tennis club ulllised the funds available in their $lnkin9 fund lo resurface tho 1onni$ courts,
#nd improva tha lighting, full cost ol Ihls was £87.840 taken from th8 reserved funds, these fund8 are now
slowly being buill back for ongcing mainlonance.
This year the ¢ommillee speni money on much needed fencing, gale and pathway repairs, tree culling lo remova
overhanglng and polonlially dangerous branches, plus upgrades lo the plumbing in the building improving
efFiciencies In water usBge and less wasl8ge.
Page 3

Belbroughton Recreatlon Centre
Trusteas Annual Report
Year Ended 31 March 2024
Flnanclal Rfrvlew
Summary of pèrformanco
Unreslricled income for the year was £29,78712023.. £24.931}. Expenditure was £20,18012023.' £25.7351,
resulting in a surplus for the y¢ar of £9,60712023.. deficil of £8041 which has been added lo reserves.
These lolalled £91,084 al the year end.
Ourlng Ime year the centre received £12,000 in contributions from the 8elbroughlon Tennls Club
towards the slnking fund. This money is held in 8 separate accouni and released lo the tennis club whan
significanl maintenancè is required lo the tennis courts.
Interest of £289 was recèived In th6 year resulting in a balance 81 the end of the financial year 01 £12,91512023'. £6461.
The club plan on increasing this over the next len years to build up a new slnkin9 fund.
There viere no movements in either of the other trNO reslricièd funds,. Foundation and Capital Grants.
The funds arise from the original sgt up of the Charity and no movement is expect84.
Flnanclal Reservès pollcy and buslness revlew
The Irusieés policy is lo mainlaln a level of free reserves lor wcrklng capilall of £5,000 under nom81
cir¢um51ancgs. Al the balance sheet dale the actual amount was approx. £28,615, Although Ihls is in
excess of the slated poli¢y, the centre have Idenlfied a numbor ol areas of malnlenance required ovor the naxl few yoars
lincluding a now roon and Iherefcire feel il prudent lo r81ain the monlos In order lo maintain the standard of the
proparty and the gxpecled 1gvo1 of servS¢è lor the Cenlr8's u$ers.
The Irusle85 are sallsfied that thi$ ¢harity r8pre8enlS a "golng ¢¢ncern" at the balance sheal dale.
Structure, governance and managemont
Constltutlon
The Re¢realion Centre Is an unin¢orporai•d charity, number 507943, registeréd in 1978 in the name of
Belbroughlon Recreation Ground, the consiilulion being embodied in the terms of the trust conlainad in
the conveyance of the land lo Iruslee5 in 1920. This conslilulion ivas replaced by the Charity Commission
Scheme on 9 January 1996 in which the name was changed lo Belbroughlon Recreation Centre wilh
an updating Variation Order dated 1 S December 2003 and consequent Managing Trustee minutes
dated 1 April 2004 and 24 January 2013
Cu$todlan Trustee of the freehold property
The custodian trustee is 8elbroughlon Parish Coun¢il
Page 4

Belbroughton Recreation Centre
Trustees Annual Report
Year Ended 31 March 2024
Reference and Admlnistration Detalls
Raglstered Charity Name
Belbroughlon Recreation Centre
Charlty Reglstratlon Numbgr
507943
Principal Offlco
Hartle Lan8
8elbroughton
Slourbridg8
England
The trustees
P Browne
M Browne
M Romain
S Pawley
K Jones
S Benbow
R Bartram
The tfUStees' annual report Was approved on zsl I l u and signed on behalf of the board of trustees by..
P.8rowne
Chairman
Page 5

Belbroughton Recreation Centre
Independent Examiner's Report to the Trustees of Belbroughton Recreation Centre
Year Ended 31 March 2024
I report to the trustees on my ex8minalion of the financlal statements of Belbroughton Recreallon Centre
I'lhe charity'l for the year ended 31 st March 2024.
Responslbllltlès and basls of report
The trustees conslder that an audit is not requlred for this year under saclion 144{2) of the Charities Act
2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the
charity is not subject lo an audit under company law and is eligible for independent examination, it is my
r6sponsibility to..
examlne the accounts under section of the 2011 Act
to follow the procedures laid down Sn the gener81 Dlrecllons given by the Charity Commlssion under
section 145{5>lbl of the 2011 Act,. and
to slate whether particular mallers have come lo my allenlion.
Independent Examlner's 8tatoment
I have completed my examination. I confirm that no materlal matters have come lo my attention In
conn8cllon wSth the examination givlng me cause lo belleve that in any material respect..
1. accounting records wère not kept In respect of the Charity as requlred by section 130 of the
Act., or
2. the finan¢i81 stateménts do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that Ihe accounts give a "true and fair" view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report l order to enable a proper understanding of the accounts to be
reached.
A Fisher
CHARTERED ACCOUNTANT
Page 6

Belbroughton Recreation Centre
Statement of Financial Activities
Year Ended 31 March 2024
2024
2023
Reslricled
funds
Reslricled
Playground funds - Other Totsl Funds Total Funds
Unreslriclad
funds
Noto
Incomg and Endowmonts
Donallons & Lega¢ltrs
Charitabl8 Aclivili8$
Other Trading Activities
Inveslmenl Incom&
11.250
18,537
11,260
30,537
2.500
22,431
12,000
269
289
TOTAL INCOME
29.787
12,269
42,OS6
24.931
Les¥ •xpondllur8
Charitab18 Aclivilie3
Depreciatlon of Play Araa equipment
Resurfacing of Tennis courts
20,180
20,180
9,000
25,735
9.000
87,840
15
9.000
TOTAL EXPENDITUR
20,180
9.000
29,180
122,575
Not IExpondStur8lllncom8 and not
movement In funds
Rèconclllatlon of Funds
Total funds brought forwBrd
81,487
72,087
214.753
368,326
485,972
Total fund8 carrled forward
The slaiemenl ol financial a¢livilies includes all gains and losses racognisèd in th6 year,
All income and expenditure derive from conlinulng aelivili&s.
Page 7

Belbroughton Recreatlon Cgntre
Statement of Financlal Position
Year Ended 31 March 2024
2024
2023
Note
Flxfjd As8•ti
Tan01￿18 Fixed Assets
IS
340,923
349,923
Current A$•ot•
Oèblors
Ci$h ai ¢onk and In hand
16
17
41,530
41,53¢
20.903
20.903
Cr•dilors'. amounts fAlling due wllhln ene year
1,250
2.JOO
Not ¢urront AB8•ti
40,280
18,403
Tot41 Aiotsts l••$ ¢y￿ant Ilobllltle•
361,203
388,326
Not A•8•t•
281,203
388.326
Fundo of th• Chirlty
R•ilricied Funds
UDreslriclod fundi
2•0,109
91.094
2e6,839
81,487
Totsl Chartty Fundi
19
61,20J
366,326
These fifl8ncig1 •laiomanls weio Ipproved by th¢ board ol Iruile&B 8nd aUthorl•od lor liiu• ¢n
and •r• siGned on beho11 ¢f lh• board by
2slI Il5
n8
K Jon•$
Tru$it•
Pag& 8

Belbroughton Recreation Centre
Notes to the Financial Statements
Year Ended 31 March 2024
Gon¢ral Informatlon
The charity is registered in England and Wales and is unincorpor?led. The address of the principal office is
Hartlo Lane, 8elbroughlon, Siourbridge. England.
Statomont of compllan¢e
Tnasa financial stslemenls have been prepared in compliance with FRS 102. 'The Financial Reporting
Standard applicable in the UK 8na Republic of Ireland,, the Sialemgni of Recomm&nd¢d Practice
applicable to charities preparing their accounts in accordance with the Financial Rfrporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 ICharili&s SORP IFRS 10211 and the
Charilias Act 2011.
Accountlng Pollcles
Basls of proparatlon
The financial slal8mgnls h8v8 bèen pr8pared on the historical ctssl basis.
Golng Concern
There ara no material uncertainties about the charity S 8bility lo continue.
Dlsclosurg •x¢mptlon$
The enlily satisfies the criteria of belng a qualifySng enlily as defin8d in FRS 102 by reason ol being
small, As such, advantage has been taken of the following dlsclosuro exemptions availabl& under
FRS 102..
lal No cash flow s18lemenl has been presented for Iha company.
Ibl Oisclosuros in respect of financial instruments have not been presentèd.
Judgomènts and key Sourc6$ of estlmatlon uncertalnty
The preparalicn of the financial slalemanls requires man8gemenl lo make judgements. eslimaies
and assumptions that aff8¢1 the amounts reported. These eslimaios and judg8menls ar6
conilnually reviewed and are based on experience ancs Other factors, in¢ludin9 expectations of
lulure events Ihal are believed to be reasonable under the circumstances,
In the opinion ol the Iruslees there arè ntr judgoments (apart from those involving eslimalionsl that
hav8 been made In Ihe process of applying the enlily's ac¢ounling policies that have 8ny significant
effect on tho amounts recognised in the financial slalemenls.
Accounllng eslimales and assumptions are made concerning the future and. by their nature, will
rarély equal the related actual outcome, The k9y assLJmptions and other sources of eslimalion
uncertainty that have a significant risk of causin9 a material adjuslmenl lo the carrying amounts of
assets and liabilitie5 within Ihe n?xl financial year are as follows".
There is no significant impaimient in the carrying valuo of the charity's property al the yeaf end
131 March 2024.. £243,088),
Page 9

Belbroughton Recr6ation Centre
Notes to the Financial Statements
Year Ended 31 March 2024
Accountlng Poll¢les l¢ontlnuedl
Fund Accounting
Unreslricled funds are available for use al the discfelion ol the Iruslees lo further any of the charity's
purposes. Reslricled funds are subjected lo reslficlions on their expenditure declared by the donor or
through th& terms of an appeal. All are ¢onsidered lo be reslricled incom8 funds, there are no endowment
funds. Grants received towards property mainlonance or Capital expendilura together with related
expenditure are treated 15 reslri¢led income and expenditure. Monies recelved from Belbroughlon
Tennis Club towards future repairs and maintènance and related expenditure are also Irealed
as reslricteci items, Bank interest arising on the monit$ held is also Irealed as restricted income.
Incomlng Resources
Al income Ss included in the slalemenl ol financial activities when enlillemenl has passacl lo the
¢harity, it Is probable that the economlc bgnolils associated with the Iransaclic)n will flow lo the
charity and the amount can ba reliably measured. The following specific policies are applied lo
particular categories of Income..
Income from donations or grants is recognised when Ihore is ovlden¢e of enlillemenl lo the
gift, receipt is probabl& and ils amount can be measurèd reliably.
No amounts are included for the contribution of genèral volunteers.
Rasourc69 Expended
Expen(Jilure is recognised cn an accruals basls as a liability is incurred. Expenditure includes VAT
as this c8nnol be re¢ov8red, and Is classified under headirigs of the slaiem?nt ol financial 8¢1ivilies
10 which il relates..
exp8ndilure on raising funds Includes Ine ¢o$ls of all fundraislng 8clivi11gs, events, non¢harilabl8
trading acllvilles, and the sale ol donated 9oods.
expenditure on charitable aelivilies includes all costs Incurred by a ch8rily in undertaking
activities that further ils charitab18 alms for the benefit of ils beneficlarie$, including those
support costs and costs relating lo the govern8ncè of the charity apportioned lo Charitable
Octivitiès.
other expenditure In¢lud&s 8118xpendilur8 that is neither relal6a lo raising lunds for th8 charity
nor part ol ils expenditure on charitable aciivilies,
All costs 8re allocated lo expenditure calegorle$ reflecting the use of the resourcè. Direct costs
atlribulable lo a single acllvily ar8 allocated dlreclly lo that activity. Sh8recl costs are
apportioned befv4een the aclivllies they contribute lo on B r6asonable, justifiable and consiglenl
basis.
Tanglblg Assets
Tangible agsels are initially recorded ai co$1, and subsequen15y slated al cost less any a¢cumulal•d
*Jgpre¢iaiion and impairm&nl losses. There are no tangible assols carried al revalued amounts.
Page 10

Belbroughton Recreation Centre
Notes to the Flnanclal Statements
Year Ended 31 March 2024
Accountlng Pollclos IGontlnu8dl
Oepreclatlon
Depreciation is calculated so as lo write off the cost or valualitsn ¢f an ass81. less ils residual value,
over thé useful economic life of that asgel as follows..
Play Area eouipmenl - slraighi line over 10 years
Fixtures und fillings - IO0/• straight line
Impalrmont of Flxod A¥$ets
A review Iof Indicators ol impairment 1$ carried out al each reporting dale. with th8 recoverable
amouni belng esllmaled wh&re such indicators oxisl. Where the ¢arrySng value exceeds the
recoverable amounl, th& asset Is impaired accordingly. Prior impairm&nl$ are also reviewed for
po$slble reversal al each reporting date.
Flnancial In8truments
A linaneièl asset or a financial liability 15 recognistrd only when th6 entity becomos 8 paty lo th&
conlraciual provisions of the inslrumenl.
8&sic fin8ncia1 inslrunienls are inilially recognised al the amount r8ceiv8bl& or parablo including
any related Iransaetion costs, unless thè arrangement conslilules a financing Iransaclion, whère il
is recogni5ed al the present value ol the lulure payments discounted il a market rale ol inl8r861
for a simllar débt inslrumenl, Current agsg15 Bnd current liabililia5 ara subs8qU8nlly measured al
Ihe cash or other Consideration expect8d lo be paid or received and not discounted. Debl
instruments ore subsequently measured al amortised ¢o$l.
Donallong and Legacl8s
Unrestricted Resiricied Totsl Funds
Funds
FLJnds
2024
Donatlon$
Donations
Scarecrow Fa8liv¥l
10,000
10,000
Grants
Grants receivable IPlaygroundl
Grants Receivablo Ioiherl
Ground maintenance granlG
1,250
1,2SO
11,250
11,250
Unreslricled Raslricled Total Funds
Funds
Funds
2023
Donatlons
Donations
Scarecrow Festival
Grants
Grants receivablè (Playground)
Grants Receivable Ioiherl
Ground mainlenanee grants
2,500
2,500
2,500
2.500
Page11

Belbroughton Recroation Centre
Notes to the Financial Ststements
Year Ended 31 March 2024
Charltablg A¢tlvlt19¥
Unrestrlcled Restricted Total Funds
Funds
Funds
2024
Football Pitch Rent
Hall and Jubilee room lees
Tennls Club Rent
1,203
11,232
6,102
1.203
11.232
18,102
12,000
16.537
12.000
30,537
Unreslricled Reslrl¢ied Total Fund8
Fun(Ss
Fund$
2023
Football Pitch Rent
H811 and Jubllee room fee$
Tennls Club R¢ni
1,124
15,300
6,006
1.124
1 S.300
6.008
22,431
22.431
Oth•f tradlng •ctlvltlo$
2430
Unréslricled Total Funds UnfeslrScled Tola1 Funds
Funds
2024
Funds
2023
Hall and Jubllee room lea$
Inve8tmgnt In¢om
Ro$lrl¢led Total Fund8 Restrlcted Total Funds
Funds
2024
Funds
2023
88nk Interest rec8ivable
269
269
Page 12

Belbroughton Recreation Centre
Notes to the Financial Statomonts
Year Ended 31 March 2024
Expendlturo on charltabl& actlvltl68 by fund type
Unrestricted Reslricled Total Fund8
Funds
Funds
2024
Community Cenire
Support Costs
20.180
20,180
20,180
20,180
Unreslrlclea Re$ldcled Total Funds
Funds
Funds
2023
Community Centre
Support Costs
25,73S
25,735
25,735
25,735
Expondlture on charltablg acllvlllgs by actlvlly typ9
undertaken
Support Total Funds Total Funds
costs
2024
2023
Cornmunlty Centre
Governance costs
20,180
20,180
25,735
20,180
20,180
25,73S
10. Analy818 of 8UPPOrt CO8ts
Conimunily
Cenlre
Total
2024
Tota1
2023
Governan¢e costs
Not In¢ome loxpendlturel
Nel Incomellexpendilurel is slated after charglngllcredlllngl..
2024
2023
Depreciation of ianglble fixed asseis
9,000
9,000
12. Ind•p•ndgnt Examlnatlon fags
2024
2023
Fees payable to the Independent examiner lor..
Independent examlnalion of financial slalemenls
P29e 13

Belbroughton Recreation Centre
Notes to the Financial Statements
Year Ended 31 March 2024
13. Stsff costs
The total staff costs and employee benefits for the reporting period are analysed 89 follows..
2024
2023
The average head count ol employees during the year was Nil12023'. Nill,
14. Tru•t•• rèmunaratlon and •xp¢n8e8
In previous years one Of more trustees had been pald rernuneralion or recelved other benefits from
ernploymenl with the Charity or 8 related enlily.
p8rmlsslon for this had been granted by Charity Cornmission..
no payments have beén made in the current or Imrnediaiely preceding year,
16. Flxed Ass•ts
Freehold
Property
Tennls
Courts
Flxtures & TOTAL
Play Ara8
Cost At 1 AprS12023
Additions
OIsp088ls
243.088
34,839
89,996
23.537
391.460
At 31 March 2024
243,088
34,839
89,996
23,537
391,460
Deprocl8llon
Al l April 2023
Charge for the ye8r
Impalrmenl
Dlgposals
18,000
9,000
23,537
41,537
9,000
At 31 March 2024
27,OQO
23,537
60,537
C4rrylng Amount
At 31 March 2024
Al 31 Mar¢h 2023
243.088
34,839
71,996
49.92
16. D8btor8
2024
2023
Prepayments and accrued Income
17. Cash
Unreslricted Restricted Total Funds Total Funds
Funds
Funds
2024
2023
Cash al Bank
M2in current account
Savings account (Sinking fund)
28,615
28,615
12,91S
41.530
20,257
646
20,903
12.915
12,915
28,61 S
P2ge 14

Belbroughton Rècreation Centre
Notes to the Financial Statements
Year Ended 31 March 2024
18. Credltors.. amount8 falllng du6 wlthln onè yaar
2024
2023
Accruals and deferred incorne
1,250
2,500
19. Analy61s of ¢harlt?blg fund$
Al 1 Aprll
2023
At 31 March
2024
Unr68trlcted Fund8
Income Expenditure
General Fund$
81,487
29.787
120,1801
91.094
128
At 31 March
2024
R•itrlcted Funds
Al 1 Apr51
2023
Income Expendiiuro
Foundlng Fund
Capiial Grants
Tennis Court M8lnienanc&
Playground fund
340
213.767
848
72.087
286.840
340
213,767
12,91S
63.087
290,109
12.269
19,000
19,0001
12,269
20, An8ly•l8 ol net 8llètB b•tsvoon fund8
Unreslricted Re51rlcled Total Fund$ Total Funds
Funds
Funds
2024
2023
Tangible fixed asse1$
Current ass&is
Creditors las8 than 1 year
63,729
28.615
11.2501
91.094
277,194
12,915
340,923
41,530
11,2501
381.203
349,923
20.903
12,5001
368,328
Ngt a$89ts
290.109
Page 15