```
REGISTERED CHARITY NUMBER: 509159
```

```
Report of the Trustees and
```

```
Unaudited Financial Statements
for the Year Ended 31 December 2024
```

```
for
```

```
OLD LEAKE COMMUNITY CENTRE & PLAYING
FIELD COMMITTEE
```

```
Haines Watts
Chartered Accountants
```

```
23 Algitha Road
Skegness
United Kingdom
PE25 2AG
```



```
OLD LEAKE COMMUNITY CENTRE & PLAYING
FIELD COMMITTEE
```

## **`Contents of the Financial Statements for the year ended 31 December 2024`** 

|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`2`|
|**`Independent Examiner's Report`**||`3`||
|**`Statement of Financial Activities`**||`4`||
|**`Balance Sheet`**||`5`||
|**`Notes to the Financial Statements`**|`6`|`to`|`9`|
|**`Detailed Statement of Financial Activities`**||`10`||





## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Report of the Trustees for the year ended 31 December 2024`** 

```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2024.The trustees
have adopted the provisionsof Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charities
preparing their accountsin accordancewith the FinancialReportingStandard applicablein the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019).
```

## **`Structure, governance and management`** 

## **`Governing document`** 

```
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
```

## **`Reference and administrative details`** 

## **`Registered Charity number`** 

```
509159
```

## **`Principal address`** 

```
C/o Mr N Booley
High Barns
Moat Lane, Old Leake
Boston
Lincolnshire
PE22 9JD
```

```
Page 1
```



```
OLD LEAKE COMMUNITY CENTRE & PLAYING
FIELD COMMITTEE
```

## **`Report of the Trustees for the year ended 31 December 2024`** 

## **`Trustees`** 

|**`Trustees`**||
|---|---|
|**`Custodian Trustee`**|`The Parish Council of Old Leake`|
||**`Officers`**|
|**`Chairman`**|`Neil Booley`|
|**`Vice Chairman`**|`Michael Jaques`|
|**`Treasurer`**|`Milana Blythe`|
|**`Secretary`**||
|**`Caretaker`**|`David Coker`|
|**`Booking Clerk`**|`Rebecca Tomlin`|
|**`Trustees`**|`Tom Grant`|
||`Graham Potter`|
||`Keith SharpIshbel McGarry`|



|**`Chairman`**|`Neil Booley`|
|---|---|
|**`Vice Chairman`**|`Michael Jaques`|
|**`Treasurer`**|`Milana Blythe`|
|**`Secretary`**||
|**`Caretaker`**|`David Coker`|
|**`Booking Clerk`**|`Rebecca Tomlin`|
|**`Trustees`**|`Tom Grant`|
||`Graham Potter`|
||`Keith SharpIshbel McGarry`|
||**`Advisors`**|
|**`Bankers`**|`Lloyds Bank Plc`|
||`Market Place`|
||`BostonLincs`|



## **`Independent Examiner`** 

```
Simon Thorold
Haines Watts
Chartered Accountants
23 Algitha Road
Skegness
United Kingdom
PE25 2AG
```

```
Approved by order of the board of trustees on 7 April 2025 and signed on its behalf by:
```

```
N Booley - Trustee
```

```
Page 2
```



## **`Independent Examiner's Report to the Trustees of Old Leake Community Centre & Playing Field committee`** 

## **`Independent examiner's report to the trustees of Old Leake Community Centre & Playing Field committee`** 

```
I reportto the charitytrusteeson my examinationof the accountsof Old LeakeCommunityCentre& PlayingField committee (the
Trust) for the year ended 31 December 2024.
```

## **`Responsibilities and basis of report`** 

```
As the charitytrusteesof the Trust you are responsiblefor the preparationof the accountsin accordancewith the requirements of
the Charities Act 2011 ('the Act').
```

```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
```

## **`Independent examiner's statement`** 

```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
```

`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or` 

`2. the accounts do not accord with those records; or` 

`3. the accounts 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 the accounts give a true and fair view which is not a matter considered as part of an independent examination.` 

```
I have no concernsand have come across no other matters in connectionwith the examinationto which attentionshould be  drawn
in this report in order to enable a proper understanding of the accounts to be reached.
```

```
Simon Thorold
```

```
Haines Watts
Chartered Accountants
23 Algitha Road
Skegness
United Kingdom
PE25 2AG
```

```
8 April 2025
```

```
Page 3
```



## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Statement of Financial Activities for the year ended 31 December 2024`** 

|||**`2024`**|**`2023`**|
|---|---|---|---|
|||**`Unrestricted`**||
|||**`fund`**|**`Total funds`**|
||**`Notes`**|**`£`**|**`£`**|
|**`Income and endowments from`**||||
|`Donations and legacies`||**`27,660`**|`24,952`|
|**`Charitable activities`**||||
|`Charitable`||**`31,982`**|`-`|
|**`Total`**||**`59,642`**|`24,952`|
|**`Expenditure on`**||||
|**`Charitable activities`**||||
|`Charitable`||**`56,549`**|`35,112`|
|**`NET INCOME/(EXPENDITURE)`**||**`3,093`**|`(10,160)`|
|**`Reconciliation of funds`**||||
|`Total funds brought forward`||**`61,541`**|`71,701`|
|**`Total funds carried forward`**||**`64,634`**|`61,541`|



```
The notes form part of these financial statements
```

```
Page 4
```



## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Balance Sheet 31 December 2024`** 

||||**`2024`**|**`2023`**|
|---|---|---|---|---|
||||**`Unrestricted`**||
||||**`fund`**|**`Total funds`**|
||**`Notes`**||**`£`**|**`£`**|
|**`Fixed assets`**|||||
|`Tangible assets`||`4`|**`31,927`**|`33,687`|
|**`Current assets`**|||||
|`Debtors`||`5`|**`2,811`**|`2,738`|
|`Cash at bank`|||**`31,573`**|`25,116`|
||||**`34,384`**|`27,854`|
|**`Creditors`**|||||
|`Amounts falling due within one year`||`6`|**`(1,677)`**|`-`|
|**`Net current assets`**|||**`32,707`**|`27,854`|
|**`Total assets less current liabilities`**|||**`64,634`**|`61,541`|
|**`NET ASSETS`**|||**`64,634`**|`61,541`|
|**`Funds`**||`7`|||
|`Unrestricted funds`|||**`64,634`**|`61,541`|
|**`Total funds`**|||**`64,634`**|`61,541`|



```
Thefinancialstatementswereapprovedby the BoardofTrusteesandauthorisedforissueon 7 April2025andweresignedon its
behalf by:
```

```
N Booley - Trustee
```

```
The notes form part of these financial statements
```

```
Page 5
```



```
OLD LEAKE COMMUNITY CENTRE & PLAYING
```

```
FIELD COMMITTEE
```

## **`Notes to the Financial Statements`** 

## **`for the year ended 31 December 2024`** 

## **`1. Accounting policies`** 

## **`Basis of preparing the financial statements`** 

```
Thefinancialstatementsofthecharity,whichis a publicbenefitentityunderFRS102,havebeenpreparedin accordance
with the CharitiesSORP(FRS 102) 'Accountingand Reportingby Charities:Statementof RecommendedPractice applicable
to charitiespreparingtheir accountsin accordancewith the FinancialReportingStandardapplicablein the UK and Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.
```

## **`Income`** 

```
All income is recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is  probable
that the income will be received and the amount can be measured reliably.
```

## **`Expenditure`** 

```
Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
```

## **`Tangible fixed assets`** 

```
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
```

```
Freehold property- 2% on cost
Plant and machinery- 10% on cost
```

## **`Taxation`** 

```
The charity is exempt from tax on its charitable activities.
```

## **`Fund accounting`** 

```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```

```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.
```

```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```

## **`Grants received`** 

```
The grants received have been recognised in the financial statements.
```

## **`2. Trustees' remuneration and benefits`** 

```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024norfortheyear ended
31 December 2023.
```

## **`Trustees' expenses`** 

```
There were no  trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
```

```
Page 6
```



## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Notes to the Financial Statements - continued for the year ended 31 December 2024`** 

## **`3. Comparatives for the statement of financial activities`** 

|**`Comparatives for the statement of financial activities`**||||
|---|---|---|---|
||||**`Unrestricted`**|
||||**`fund`**|
||||**`£`**|
|**`Income and endowments from`**||||
|`Donations and legacies`|||`24,952`|
|**`Expenditure on`**||||
|**`Charitable activities`**||||
|`Charitable`|||`35,112`|
|**`NET INCOME/(EXPENDITURE)`**|||`(10,160)`|
|**`Reconciliation of funds`**||||
|`Total funds brought forward`|||`71,701`|
|**`Total funds carried forward`**|||`61,541`|
|**`Tangible fixed assets`**||||
||**`Freehold`**|**`Plant and`**||
||**`property`**|**`machinery`**|**`Totals`**|
||**`£`**|**`£`**|**`£`**|
|**`Cost`**||||
|`At 1 January 2024 and 31 December 2024`|**`88,995`**|**`48,898`**|**`137,893`**|
|**`Depreciation`**||||
|`At 1 January 2024`|**`55,309`**|**`48,897`**|**`104,206`**|
|`Charge for year`|**`1,760`**|**`-`**|**`1,760`**|
|`At 31 December 2024`|**`57,069`**|**`48,897`**|**`105,966`**|
|**`Net book value`**||||
|`At 31 December 2024`|**`31,926`**|**`1`**|**`31,927`**|
|`At 31 December 2023`|`33,686`|`1`|`33,687`|
|**`Debtors: amounts falling due within one year`**||||
|||**`2024`**|**`2023`**|
|||**`£`**|**`£`**|
|`Trade debtors`||**`2,811`**|`2,738`|



## **`4. Tangible fixed assets`** 

## **`5.`** 

```
Page 7
```



```
OLD LEAKE COMMUNITY CENTRE & PLAYING
FIELD COMMITTEE
```

## **`Notes to the Financial Statements - continued for the year ended 31 December 2024`** 

## **`6. Creditors: amounts falling due within one year`** 

|**`6.`**|**`Creditors: amounts falling due within one year`**||||
|---|---|---|---|---|
||||**`2024`**|**`2023`**|
||||**`£`**|**`£`**|
||`Other creditors`||**`1,677`**|`-`|
|**`7.`**|**`Movement in funds`**||||
||||**`Net`**||
||||**`movement`**|**`At`**|
|||**`At 1/1/24`**|**`in funds`**|**`31/12/24`**|
|||**`£`**|**`£`**|**`£`**|
||**`Unrestricted funds`**||||
||`General fund`|**`61,541`**|**`3,093`**|**`64,634`**|
||**`TOTAL FUNDS`**|**`61,541`**|**`3,093`**|**`64,634`**|
||`Net movement in funds, included in the above are as follows:`||||
|||**`Incoming`**|**`Resources`**|**`Movement`**|
|||**`resources`**|**`expended`**|**`in funds`**|
|||**`£`**|**`£`**|**`£`**|
||**`Unrestricted funds`**||||
||`General fund`|**`59,642`**|**`(56,549)`**|**`3,093`**|
||**`TOTAL FUNDS`**|**`59,642`**|**`(56,549)`**|**`3,093`**|
||**`Comparatives for movement in funds`**||||
||||**`Net`**||
||||**`movement`**|**`At`**|
|||**`At 1/1/23`**|**`in funds`**|**`31/12/23`**|
|||**`£`**|**`£`**|**`£`**|
||**`Unrestricted funds`**||||
||`General fund`|`71,701`|`(10,160)`|`61,541`|
||**`TOTAL FUNDS`**|`71,701`|`(10,160)`|`61,541`|
||`Comparative net movement in funds, included in the above are as follows:`||||
|||**`Incoming`**|**`Resources`**|**`Movement`**|
|||**`resources`**|**`expended`**|**`in funds`**|
|||**`£`**|**`£`**|**`£`**|
||**`Unrestricted funds`**||||
||`General fund`|`24,952`|`(35,112)`|`(10,160)`|
||**`TOTAL FUNDS`**|`24,952`|`(35,112)`|`(10,160)`|



```
Page 8
```



## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Notes to the Financial Statements - continued for the year ended 31 December 2024`** 

## **`7. Movement in funds - continued`** 

```
A current year 12 months and prior year 12 months combined position is as follows:
```

|||**`Net`**||
|---|---|---|---|
|||**`movement`**|**`At`**|
||**`At 1/1/23`**|**`in funds`**|**`31/12/24`**|
||**`£`**|**`£`**|**`£`**|
|**`Unrestricted funds`**||||
|`General fund`|`71,701`|`(7,067)`|`64,634`|
|**`TOTAL FUNDS`**|`71,701`|`(7,067)`|`64,634`|



```
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
```

||**`Incoming`**|**`Resources`**|**`Movement`**|
|---|---|---|---|
||**`resources`**|**`expended`**|**`in funds`**|
||**`£`**|**`£`**|**`£`**|
|**`Unrestricted funds`**||||
|`General fund`|`84,594`|`(91,661)`|`(7,067)`|
|**`TOTAL FUNDS`**|`84,594`|`(91,661)`|`(7,067)`|



## **`8. Related party disclosures`** 

```
There were no related party transactions for the year ended 31 December 2024.
```

```
Page 9
```



## **`OLD LEAKE COMMUNITY CENTRE & PLAYING FIELD COMMITTEE`** 

## **`Detailed Statement of Financial Activities for the year ended 31 December 2024`** 

|**`Income and endowments`**<br>**`Donations and legacies`**<br>`Donation`<br>`Hire charges`<br>**`Charitable activities`**<br>`Grants received`<br>**`Total incoming resources`**<br>**`Expenditure`**<br>**`Charitable activities`**<br>`Rates and water`<br>`Insurance`<br>`Light and heat`<br>`Event expenses`<br>`Caretakers`<br>`Cleaning materials`<br>`Sundry expenses`<br>`Professional fees`<br>`Independent examination fee`<br>`Repairs and maintenance`<br>`Depreciation of tangible fixed assets`<br>`Total resources expended`<br>**`Net income/(expenditure)`**|**`2024`**<br>**`£`**<br>**`-`**<br>**`27,660`**<br>**`27,660`**<br>**`31,982`**<br>**`59,642`**<br>**`938`**<br>**`2,600`**<br>**`6,881`**<br>**`2,558`**<br>**`6,711`**<br>**`740`**<br>**`212`**<br>**`96`**<br>**`594`**<br>**`33,459`**<br>**`1,760`**<br>**`56,549`**<br>**`56,549`**<br>**`3,093`**|**`2023`**<br>**`£`**<br>`250`<br>`24,702`<br>`24,952`<br>`-`<br>`24,952`<br>`577`<br>`2,502`<br>`2,584`<br>`2,770`<br>`6,114`<br>`964`<br>`96`<br>`288`<br>`576`<br>`16,881`<br>`1,760`<br>`35,112`<br>`35,112`<br>`(10,160)`|
|---|---|---|



```
This page does not form part of the statutory financial statements
```

```
Page 10
```