REGISTERED CHARITY NUMBER: 509878
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
BRIDLINGTON CLUB FOR YOUNG PEOPLE
Lloyd Dowson Limited Medina House 2 Station Avenue Bridlington East Yorkshire YO16 4LZ
BRIDLINGTON CLUB FOR YOUNG PEOPLE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| NotestotheFinancialStatements | 11 | to | 25 |
1
BRIDLINGTON CLUB FOR YOUNG PEOPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Public benefit
Bridlington Club for Young People is a registered charity, run by local people to serve the local community. Over the years the club has always focused on providing sports opportunities to young people and the wider community - helping them to believe in themselves and realise their full potential.
Located in one of Bridlington's most deprived wards, the club is committed to reducing barriers to participation and improving the quality of life for young people regardless of background, ability, or income.
Through our multi-purpose sports hall and outdoor facilities, we offer a wide range of accessible activities including boxing, football, basketball, and fitness sessions. We are proud to remain the home of several established sporting and charitable organisations: Bridlington Rovers, Bridlington Amateur Boxing Club, Bridlington Rangers, Bridlington Netball, Bridlington Dance Academy, and Bridlington Bay Archers.
In 2024, we launched a junior netball section with the support of volunteers from our Ladies Netball section. This new programme has been a huge success, with two separate age groups now training weekly and over 30 children attending each session. This initiative highlights our commitment to developing inclusive opportunities for girls in sport.
In addition to our sporting offer, the club is now home to several valued community groups, including:
-
MASH (Military Assistance Social Hub)
-
- Parkinson's social group and fitness sessions
-
Right Minds Dementia Group
-
Bridlington Stroke Group
-
- Acommunity drama group - The University of the Third Age (U3A)
We have also extended a supportive arm toa new "Men in Sheds" group, offering them a potential base at CYP. We await their final decision and hope to welcome them as part of our growing community.
We acknowledge, with sincere appreciation, the volunteers and partner organisations whose time, effort and enthusiasm make our work possible.
.
Page 1
BRIDLINGTON CLUB FOR YOUNG PEOPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
In preparing this report, the trustees have had due regard to the Charity Commission's guidance on public benefit.
The charity continues to operate a range of high-quality facilities, including:
-
A large sports hall with a permanent boxing gym
-
- Outdoor 3G football pitch and grass pitches - Netball and multi-use courts - Weights and cardio gym - On-site bar and café area
EVENTS & ACTIVITIES
The 2024-25 financial year has been a period of significant progress. We have built upon our growing calendar of events and delivered more boxing competitions than ever before. Our football tournaments have also expanded, with increased participation and visibility, further embedding us at the heart of Bridlington's sporting community.
We continue to work on building our membership base, and are in the process of implementing a new membership management system, particularly for our footballers, which will help us better track participation and improve how we communicate with and support members.
YOUTH ENGAGEMENT & EXPANSION
Our mission remains to use sport and physical activity as a tool to support the physical and mental well-being of young people and the wider community. We aim to help individuals grow in confidence, maturity, and resilience, becoming positive contributors to society.
In 2024, we successfully completed the first year of our funded youth programme, which has already madea strong impact on the lives of many local young people. We have secured two additional years of funding to continue this important work, and given the high quality and outcomes of the programme, we anticipate that further funding will be obtainable to support ongoing delivery and expansion.
The club continues to work in close partnership with national, regional, and local organisations to promote inclusion and improve community cohesion through sport and youth development.
INFRASTRUCTURE DEVELOPMENT A major milestone was achieved with the completion of the club's new extension in June 2024, which has now been fully operational for over 12 months.
The extension has had a transformational impact on the club's capacity and delivery, enabling:
-
The expansion of youth activities, including more space for group work and structured sessions;
-
A significant increase in community group usage, with more availability and flexibility to host social and support groups;
-
A major enhancement to our hospitality offering, resulting in increased capacity, improved facilities, and a noticeable rise in demand for private functions and community events.
This development has strengthened our role as a community anchor, offering more flexible space for sport, social connection, learning and celebration.
FINANCIAL REVIEW
The Statement of Financial Activity shows a deficit for the year of £41,545 (2024 - £7,763 deficit).
The charity's reserves total £514,666 (2024 - £556,211). The financial statements show the assets and liabilities attributable to the various funds by type and include unrestricted funds of £147,306 (2024 - £58,174).
FUTURE PLANS
- Looking ahead, the club's strategic priorities for 2025-26 include: - Strengthening our newly expanded youth and community programmes; - — Increasing the use of our new hospitality and function areas; - Enhancing our digital systems to improve membership and communication; - Securing long-term funding to support both core operational costs and capital projects, including future gym expansions and improvement works to the football pitches.
Page 2
|
BRIDLINGTON CLUB FOR YOUNG PEOPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees Under the requirements of the charity's Memorandum and Articles all trustees will remain a trustee until resignation or death or until a General Meeting shall deem it proper to remove them.
The club seeks to ensure that the trustees have the necessary knowledge and experience to ensure that the operations of the charity are adequately addressed.
Induction and training of new trustees Most trustees are already familiar with the practical work of the charity however, new trustees are invited to attend short tours and training sessions to familiarise themselves with the workings of the charity and context within which it operates. These are held with other trustees of the charity and cover:
-
Obligations of the trustees;
-
The main purpose of the charity and work undertaken;
-
Resourcing and current financial position of the charity;
-
- Future plans and objectives.
The Bridlington Club for Young People is an unincorporated club governed by its constitution. It is a registered charity, run by local people to serve the local community. Trustees are recruited, appointed, inducted and trained in order to be able to provide the best support they can to the club. Under its constitution, the administration of the club is controlled and directed by the members.
Operations Manager
Our Operations Manager Mr A Potts is responsible for the day to day operation of the charity and manages the staff of the charity on behalf of the trustees. He heads up our staff team who deliver the various activities and run the facilities at the leisure centre.
Risk management
The charity continues to monitor external risk and has regular trustees meetings to minimise risk to the charity's activities and finances.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 509878
y
Principal address Bridlington Sports Centre Gypsey Road Bridlington East Yorkshire YO16 4AY
Trustees
DR Hoggard NC Sunley Z A Stabler BR Lawry
Independent Examiner Lloyd Dowson Limited Medina House 2 Station Avenue Bridlington East Yorkshire YO16 4LZ
Page 3
BRIDLINGTON CLUB FOR YOUNG PEOPLE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers Virgin Money 24 Huntriss Row Scarborough YO11 2EG Approved by order of the board of trustees on 2s Ne
and signed on its behalf by:
- D R Hoggard - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIDLINGTON CLUB FOR YOUNG PEOPLE
Independent examiner's report to the trustees of Bridlington Club for Young People
I report to the charity trustees on my examination of the accounts of Bridlington Club for Young People (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out 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 Since your charity's gross income exceeded £250,000 your examiner must be a member ofa listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. *
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tracy © san-pae
The Institute of Chartered Accountants in England and Wales
Lloyd Dowson Limited Medina House 2 Station Avenue Bridlington East Yorkshire YO16 4LZ Date: _agliloto..
Page 5
BRIDLINGTON CLUB FOR YOUNG PEOPLE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|31.3.25|31.3.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations|and|legacies|2|-|242,468|242,468|121,159|
|Charitable|activities|5|
|Costs of activities|for generating|funds|241,251|-|241,251|243,271|
|Other trading|activities|3|335,311|-|335,311|217,183|
|Investment|income|4|4,076|-|4,076|860|
|Total|580,638|242,468|823,106|582,473|
|EXPENDITURE|ON|
|Raising|funds|6|617,731|246,920|864,651|590,236|
|NET INCOME/(EXPENDITURE)|(37,093)|(4,452)|(41,545)|(7,763)|
|Transfers|between funds|17|126,225|(126,225)|-|-|
|Net movement|in|funds|89,132|(130,677)|(41,545)|(7,763)|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought forward|58,174|498,037|556,211|563,974|
|TOTAL FUNDS CARRIED FORWARD|147,306|367,360|514,666|556,211|
----- End of picture text -----
The notes form part of these financial statements
Page 6
BRIDLINGTON CLUB FOR YOUNG PEOPLE
BALANCE SHEET
31 MARCH 2025
----- Start of picture text -----
.
----- End of picture text -----
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|31.3.25|31.3.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|11|81,941|1,419,822|1,501,763|1,100,730|
|CURRENT|ASSETS|
|Stocks|12|6,319|-|6,319|3,621|
|Debtors|13|1,708|-|1,708|14,653|
|Cash|at bank|and|in hand|88,522|59,460|147,982|198,598|
|96,549|59,460|156,009|216,872|
|CREDITORS|
|Amounts|falling due within one year|14|(31,184)|(26,773)|(57,957)|(43,582)|
|NET CURRENT ASSETS|65,365|32,687|98,052|173,290|
|TOTAL ASSETS|LESS CURRENT|
|LIABILITIES|147,306|1,452,509|1,599,815|1,274,020|
|CREDITORS|
|Amounts|falling|due|after more than|one|year|15|-|(1,085,149)|(1,085,149)|(717,809)|
|NET ASSETS|147,306|367,360|514,666|556,211|
----- End of picture text -----
The notes form part of these financial statements
Page 7
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
BALANCE SHEET- continued 31 MARCH 2025
FUNDS Unrestricted funds Restricted funds
TOTAL FUNDS
| 17 | 147,306 | 58,174 |
|---|---|---|
| 367,360 | 498,037 | |
| 514,666 | 556,211 |
The financial statements were approved by the Board of Trustees and authorised for issue on DR ON ROL, and were signed on its behalf by:
DR Hoggard - Trustee
ZA Stabler - Trustee
NC Sunley - Trustee B R Lawry - Trustee
The notes form part of these financial statements
Page 8
BRIDLINGTON CLUB FOR YOUNG PEOPLE
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|CASH FLOW STATEMENT|
|FOR THE YEAR ENDED|31|MARCH|2025|
|31.3.25|31.3.24|
|Notes|£|£|
|Cash|flows|from|operating|activities|
|Cash|generated|from|operations|1|26,808|(18,089)|
|Net cash provided by/(used|in)|operating|activities|26,808|(18,089)|
|Cash|flows|from|investing|activities|
|Purchase of|tangible fixed|assets|(451,189)|(628,396)|
|Sale of|tangible|fixed|assets|-|190,000|
|Capital|grants|375,258|608,738|
|Interest|received|-|160|
|Net cash|(used|in)/provided|by|investing|activities|(75,931)|170,502|
|Cash|flows|from|financing|activities|
|Hire purchase repayments|in year|(1,493)|(3,849)|
|Net|cash|used|in|financing|activities|(1,493)|(3,849)|
|Change|in|cash|and|cash|equivalents|in|
|the reporting period|(50,616)|148,564|
|Cash|and|cash|equivalents|at the|
|beginning of the|reporting period|198,598|50,034|
|Cash|and|cash|equivalents|at|the end|of|
|the reporting|period|147,982|198,598|
----- End of picture text -----
The notes form part of these financial statements
Page 9
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|31.3.25|31.3.24|
|£|£|
|Net expenditure|for the|reporting|period|(as|per the Statement of|
|Financial|Activities)|(41,545)|(7,763)|
|Adjustments|for:|
|Depreciation|charges|50,156|33,055|
|Loss on|disposal|of fixed|assets|-|4,999|
|Interest received|-|(160)|
|(Increase)/decrease|in|stocks|(2,698)|889|
|Decrease/(increase)|in|debtors|12,945|(12,956)|
|Increase/(decrease)|in|creditors|7,950|(36,153)|
|Net cash provided|by/(used|in) operations|26,808|(18,089)|
----- End of picture text -----
2. ANALYSIS OF CHANGES IN NET FUNDS
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|At|1.4.24|Cash|flow|At 31.3.25|
|£|£|£|
|Net|cash|
|Cash|at bank and|in hand|198,598|(50,616)|147,982|
|198,598|(50,616)|147,982|
|Debt|
|Finance|leases|(1,493)|1,493|-|
|(1,493)|1,493|-|
|Total|197,105|(49,123)|147,982|
----- End of picture text -----
The notes form part of these financial statements
Page 10
- ACCOUNTING POLICIES
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared on the accruals basis in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Going concern
The financial statements have been prepared on the going concern basis of accounting, which assumes that the charity is able to continue operating as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Donations and grants are included when receivable once all necessary conditions have been satisfied and in accordance with the donor's wishes. Grants relating to capital expenditure are accounted for under the FRS102 performance model and released to the Statement of Financial Activities in line with the depreciation of the underlying asset.
Income from fundraising is recognised in the period in which the event takes place.
Subscriptions are recognised in the period to which they relate.
Hall hire and bar income is recognised in the period to which it relates.
Investment income is accounted for on an accruals basis when receivable. It is stated inclusive of irrecoverable income tax deducted at source.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Government grants
Grants relating to revenue are recognised in the Statement of Financial Activities on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Grants that are received in respect of expenses or losses already incurred by the entity are recognised in the Statement of Financial Activities in the period when the grant becomes receivable.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2%oncost . Plant and machinery - 15% on reducing balance Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 33% on reducing balance
Page 11
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
- ACCOUNTING POLICIES - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.
The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated asa liability.
Pension costs and other post-retirement benefits
The company has implemented an auto-enrolment pension in respect of all employees. Contributions are charged to the Statement of Financial Activities in the period to which they relate.
Capital grants Grants relating to capital expenditure are recognised in the Statement of Financial Activities in line with the depreciation of the underlying asset which they funded.
- DONATIONS AND LEGACIES
Grants
----- Start of picture text -----
31.3.25 31.3.24
£ £
242,468 121,159
----- End of picture text -----
Page 12
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
2. DONATIONS AND LEGACIES- continued
Grants received, included in the above, are as follows:
| 31.3.25 | 31.3.24 | ||
|---|---|---|---|
| £ | £ | ||
| Crime Reduction Fund -Fencing | 358 | 358 | |
| Council carpark | 1,120 | 1,120 | |
| Return toPlay | 996 | 996 | |
| Children inNeed | 867 | 1,020 | |
| Footbal! Foundation | - | 12,996 | |
| ESC Lottery | - | 9,120 | |
| CINMain | 26,197 | 26,197 | |
| Commuted Sums | - | 12,973 | |
| Garfield Weston Foundation | - | 30,000 | |
| YIF - Capital project | 19,679 | 12,175 | |
| YIF -Revenue | 109,340 | 14,204 | |
| Peter Harrison Foundation | 3,747 | - | |
| BoxingVeteran | 1,500 | - | |
| PAG 2025 | 2,500 | - | |
| ReachingCommunities | 76,164 | - | |
| 242,468 | 121,159 | ||
| 3. | OTHERTRADING ACTIVITIES | ||
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Barfood sales | 81,861 | 45,515 | |
| Bar drink sales | 253,450 | 171,668 | |
| 335,311 | 217,183 | ||
| 4. | INVESTMENT INCOME | ||
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Rents received | 7 | 700 | |
| Solarpanel income | 4,076 | - | |
| Deposit account interest | : | 160 | |
| 4,076 | 860 |
Page 13
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
| 5. | INCOMEFROMCHARITABLE ACTIVITIES | INCOMEFROMCHARITABLE ACTIVITIES | ||
|---|---|---|---|---|
| 313.25 | 31.3.24 | |||
| Subscriptions _ |
Activity Costs ofactivities forgenerating funds |
£ 71,584 |
£ 73,757 |
|
| Sports halltakings | Costs ofactivities forgenerating funds | 109,444 | 98,257 | |
| Other fundraising income and | ||||
| events | Costs ofactivities forgenerating funds | 60,223 | 71,257 | |
| 241,25] | 243,271 | |||
| 6. | RAISING FUNDS | |||
| Raisingdonationsandlegacies | 31.3.25 | 31.3.24 | ||
| £ | £ | |||
| Support costs | 640,517 | 425,998 | ||
| Othertradingactivities | 31.3.25 | 31.3.24 | ||
| £ | £ | |||
| Purchases | 183,194 | 129,055 | ||
| Boxingshowexpenses Referee fees |
3,255 §,272 |
6,767 4,831 |
||
| Barentertainment and security Partyexpenses Youth club expenses Volunteer costs |
15,885 9,108 6,420 1,000 |
13,170 10,415 - - |
||
| 224,134 | 164,238 | |||
| Aggregate amounts | 864,651 | 590,236 | ||
| 7. | SUPPORTCOSTS | Management £ |
Finance £ |
Totals £ |
| Raisingdonationsandlegacies | 629,344 | 11,173 | 640,517 |
- TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Page 14
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|9.|STAFF COSTS|
|31.3.25|31.3.24|
|£|£|
|Wages|and|salaries|347,343|188,167|
|Other pension|costs| 4,141| 1,393|
|351,484|189,560|
|The|average|monthly number of employees|during|the year was|as|follows:|
|31.3.25|31.3.24|
|Support|staff|21|21|
|No|employees|received|emoluments|in|excess|of|£60,000.|
|10.|COMPARATIVES FOR THE|STATEMENT|OF|FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME|AND|ENDOWMENTS FROM|
|Donations|and|legacies|-|121,159|121,159|
|Charitable|activities|
|Costs|of activities|for generating|funds|243,271|-|243,271|
|Other trading|activities|217,183|-|217,183|
|Investment|income|860|-|860|
|Total|461,314|121,159|582,473|
|EXPENDITURE ON|
|Raising|funds|479,185|111,051|590,236|
|NET INCOME/(EXPENDITURE)|(17,871)|10,108|(7,763)|
|Transfers|between|funds|(3,011)|13,011|-|
|Net movement|in funds|(30,882)|23,119|(7,763)|
|RECONCILIATION OF|FUNDS|
|Total|funds|brought forward|89,055|474,919|563,974|
|TOTAL FUNDS CARRIED FORWARD|58,173|498,038|556,211|
----- End of picture text -----
Page 15
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
| 11. | TANGIBLE FIXEDASSETS | |||
|---|---|---|---|---|
| Improvements | Fixtures | |||
| to | Plant and | and | ||
| property | machinery | fittings | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2024 Additions |
1,116,987 382,369 |
101,472 67,937 |
12,127 222 |
|
| At31 March 2025 | 1,499,356 | 169,409 | 12,349 | |
| DEPRECIATION | ||||
| At 1 April2024 Charge foryear |
73,262 29,986 |
48,665 18,111 |
9,389 740 |
|
| At 31 March 2025 | 103,248 | 66,776 | 10,129 | |
| NETBOOKVALUE | ||||
| At31 March2025 | 1,396,108 | 102,633 | 2,220 | |
| At31 March 2024 | 1,043,725 | 52,807 | 2,738 | |
| Motor vehicles |
Computer equipment |
Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April2024 Additions |
10,500 : |
10,807 661 |
1,251,893 451,189 |
|
| At31 March 2025 | 10,500 | 11,468 | 1,703,082 | |
| DEPRECIATION | ||||
| At 1 April2024 Charge foryear |
9,449 1,051 |
10,398 268 |
151,163 50,156 |
|
| At31 March 2025 | 10,500 | 10,666 | 201,319 | |
| NETBOOKVALUE | ||||
| At 31 March 2025 | - | 802 | 1,501,763 | |
| At31March2024 | 1,051 | 409 | 1,100,730 |
Page 16
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
11, TANGIBLE FIXED ASSETS - continued
Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
| Plant and | |||
|---|---|---|---|
| machinery | |||
| £ | |||
| COST | |||
| At 1 April 2024 | 4,975 | ||
| Transfertoownership | (4,975) | ||
| At 31 March 2025 | - | ||
| DEPRECIATION | |||
| At 1 April 2024 | 1,380 | ||
| Transfer to ownership | (1,380) | ||
| At 31 March 2025 | - | ||
| NETBOOKVALUE | |||
| At 31 March 2025 | - | ||
| At 31 March 2024 | 3,595 | ||
| 12. | STOCKS | ||
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Stocks | 6,319 | 3,621 | |
| 13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONEYEAR | ||
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Trade debtors | 1,278 | 14,223 | |
| Prepayments and accrued income | 430 | 430 | |
| 1,708 | 14,653 |
Page 17
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|14.|CREDITORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Hire purchase|(see note|16)|-|1,493|
|Trade|creditors|3,426|8,726|
|VAT|9,523|3,170|
|Accruals|and|deferred|grants|45,008|30,193|
|57,957|43,582|
|15.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Accruals|and|deferred grants|1,085,149|717,809|
|16.|LEASING AGREEMENTS|
|Minimum|lease|payments|fall|due|as|follows:|
|Hire|purchase|contracts|
|31.3.25|31,3.24|
|£|£|
|Net|obligations|repayable:|
|Within one|year|-|1,493|
|Non-cancellable|
|operating|leases|
|31.3.25|31.3.24|
|£|£|
|In more|than|five|years|117|118|
----- End of picture text -----
Page 18
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
- MOVEMENT IN FUNDS
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.4.24|in|funds|funds|31.3.25|
|£|£|£|£|
|Unrestricted|funds|
|General. fund|58,174|(37,093)|126,225|147,306|
|Restricted|funds|
|Building|fund|132,599|-|(132,599)|-|
|ERYC|Capital|Repairs|Grant|248,432|(5,777)|-|242,655|
|Lottery|Awards|for All|240|(36)|-|204|
|Award|for|all|2018|171|(26)|-|145|
|Roof Project|66,000|(1,500)|-|64,500|
|Crime|Reduction|Fund|341|-|-|341|
|Sport England|887|(133)|-|754|
|Children|in Need|2,500|-|-|2,500|
|Football|Foundation|5,334|-|-|5,334|
|Borrow the Box|4,034|(4,034)|-|-|
|Children|in Need Main|4,791|-|-|4,791|
|Commuted|Sums|21,405|(940)|-|20,465|
|Garfield|Weston|Foundation|11,303|(5,029)|-|6,274|
|YIF|-|Capital|project|-|(128)|6,374|6,246|
|YIF|- Revenue|-|9,794|-|9,794|
|Reaching Communities|-|3,357|-|3,357|
|498,037|(4,452)|(126,225)|367,360|
|TOTAL FUNDS|556,211|(41,545)|-|514,666|
----- End of picture text -----
Page 19
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
- MOVEMENT IN FUNDS- continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|580,638|(617,731)|(37,093)|
|Restricted|funds|
|ERYC|Capital Repairs Grant|-|(5,777)|(5,777)|
|Lottery Awards|for All|-|(36)|(36)|
|Award|for|all 2018|-|(26)|(26)|
|Roof Project|-|(1,500)|(1,500)|
|Sport England|-|(133)|(133)|
|Council|Car Park Funding|1,120|(1,120)|-|
|Crime Reduction Fund|- Fencing|358|(358)|-|
|Returned|to Play|996|(996)|-|
|Children|in Need|867|(867)|-|
|Borrow the Box|-|(4,034)|(4,034)|
|Children|in Need Main|26,196|(26,196)|-|
|Commuted|Sums|-|(940)|(940)|
|Garfield Weston|Foundation|-|(5,029)|(5,029)|
|YIF|-|Capital|project|19,679|(19,807)|(128)|
|YIF|- Revenue|109,340|(99,546)|9,794|
|PAG|2025|2,500|(2,500)|-|
|Peter Harrison|Foundation|3,747|(3,747)|-|
|Reaching|Communities|76,165|(72,808)|3,357|
|Boxing|Veteran|1,500|(1,500)|-|
|242,468|(246,920)|(4,452)|
|TOTAL FUNDS|823,106|(864,651)|(41,545)|
----- End of picture text -----
Page 20
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
17. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.4.23|in|funds|funds|31.3.24|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|89,055|(17,870)|(13,011)|58,174|
|Restricted|funds|
|Building|fund|132,599|-|-|132,599|
|ERYC|Capital Repairs|Grant|254,209|(5,777)|-|248,432|
|Lottery|Awards|for All|282|(42)|-|240|
|Award|for|all|2018|201|(30)|-|171|
|Roof|Project|67,500|(1,500)|-|66,000|
|Crime Reduction Fund|341|-|-|341|
|Sport England|1,044|(157)|-|887|
|Children|in Need|2,500|-|-|2,500|
|Football|Foundation|743|4,591|-|5,334|
|Borrow|the Box|10,709|(6,675)|-|4,034|
|Children|in Need Main|4,791|-|-|4,791|
|Commuted|Sums|-|8,394|13,011|21,405|
|Garfield|Weston|Foundation|-|11,303|-|11,303|
|474,919|10,107|13,011|498,037|
|TOTAL FUNDS|563,974|(7,763)|-|556,21]|
----- End of picture text -----
Page 21
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|461,314|(479,184)|(17,870)|
|Restricted|funds|
|ERYC|Capital Repairs|Grant|-|(5,777)|(5,777)|
|Lottery|Awards|for All|-|(42)|(42)|
|Award|for|all|2018|-|(30)|(30)|
|Roof Project|-|(1,500)|(1,500)|
|Sport England|-|(157)|(157)|
|Council|Car Park Funding|1,120|(1,120)|-|
|Crime Reduction Fund|- Fencing|358|(358)|-|
|Returned to Play|996|(996)|-|
|Children|in Need|1,020|(1,020)|-|
|Football|Foundation|12,996|(8,405)|4,591|
|Borrow the Box|1|(6,676)|(6,675)|
|Children|in Need Main|26,197|(26,197)|-|
|ESC|Lottery|9,120|(9,120)|-|
|Commuted|Sums|12,973|(4,579)|8,394|
|Garfield|Weston|Foundation|29,999|(18,696)|11,303|
|YIF|-|Capital|project|12,175|(12,175)|-|
|YIF|- Revenue|14,204|(14,204)|-|
|121,159|(111,052)|10,107|
|TOTAL FUNDS|582,473|(590,236)|(7,763)|
----- End of picture text -----
Page 22
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.4.23|in|funds|funds|31.3.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|89,055|(54,963)|113,214|147,306|
|Restricted|funds|
|Building|fund|132,599|-|(132,599)|-|
|ERYC|Capital|Repairs|Grant|254,209|(11,554)|-|242,655|
|Lottery|Awards|for All|282|(78)|-|204|
|Award|for|all 2018|201|(56)|-|145|
|Roof Project|67,500|(3,000)|-|64,500|
|Crime|Reduction|Fund|341|.|-|341|
|Sport England|1,044|(290)|-|754|
|Children|in Need|2,500|-|-|2,500|
|Football|Foundation|743|4,591|-|5,334|
|Borrow|the Box|10,709|(10,709)|-|-|
|Children|in Need Main|4,791|-|-|4,791|
|Commuted|Sums_|.|-|7,454|13,011|20,465|
|Garfield|Weston Foundation|-|6,274|-|6,274|
|YIF|-|Capital|project|-|(128)|6,374|6,246|
|YIF|-|Revenue|-|9,794|-|9,794|
|Reaching Communities|-|3,357|-|3,357|
|474,919|5,655|(113,214)|367,360|
|TOTAL FUNDS|563,974|(49,308)|-|514,666|
----- End of picture text -----
Page 23
continued...
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
17. MOVEMENT IN FUNDS- continued
----- Start of picture text -----
||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|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|1,041,952|(1,096,915)|(54,963)|
|Restricted|funds|
|ERYC|Capital Repairs Grant|-|(11,554)|(11,554)|
|Lottery|Awards|for All|-|(78)|(78)|
|Award|for|all 2018|-|(56)|(56)|
|Roof|Project|-|(3,000)|(3,000)|
|Sport England|-|(290)|(290)|
|Council Car Park Funding|2,240|(2,240)|-|
|Crime Reduction Fund|-|Fencing|716|(716)|-|
|Returned|to Play|1,992|(1,992)|-|
|Children|in Need|1,887|(1,887)|-|
|Football|Foundation|12,996|(8,405)|4,591|
|Borrow the Box|1|(10,710)|(10,709)|
|Children|in Need Main|52,393|(52,393)|-|
|ESC|Lottery|9,120|(9,120)|-|
|Commuted|Sums|12,973|(5,519)|7,454|
|Garfield|Weston|Foundation|29,999|(23,725)|6,274|
|YIF -|Capital|project|31,854|(31,982)|(128)|
|YIF|- Revenue|123,544|(113,750)|9,794|
|PAG 2025|2,500|(2,500)|-|
|Peter Harrison Foundation|3,747|(3,747)|-|
|Reaching Communities|76,165|(72,808)|3,357|
|Boxing Veteran|1,500|(1,500)|-|
|363,627|(357,972)|5,655|
|TOTAL FUNDS|1,405,579|(1,454,887)|_(49,308)|
|18.|CAPITAL COMMITMENTS|
|31.3.25|31.3.24|
|£|£|
|Contracted but not provided|for|in the|financial|statements|-|381,632|
----- End of picture text -----
Page 24
continued...
‘
BRIDLINGTON CLUB FOR YOUNG PEOPLE
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 25