**Bury Jubilee Outdoor Pursuits Centre Financial Accounts For the Year Ended 31st December 2024** 

**Charity No 512292** 



|||Page|
|---|---|---|
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|Board and Advisers||3|
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|Trustees Annual Report||4|
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|Statement of Financial Activities||5|
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|Notes to Financial Statements||6|
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|Balance Sheet||7|
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|Income Statement||8|
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|Accountants Report||9|
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|CharityCommission Report||10|



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## **Bury Jubilee Outdoor Pursuits Centre Members of the Board and Advisers** 

## **The Board of Trustees** 

David Ball Will Beckett Andrea Booth Denise Robinson 

## **Accountant** 

## **Bank** 

MBS (Lancashire) Ltd 22 Belmont Drive Bury Lancashire BL8 2HU 07969 927267 mattmbslancs@gmail.com The Co-Operative Bank 

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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Trustees Annual Report** 

The Trustees have pleasure in presenting their report and unaudited financial statements for the year ended 31st December 2024 

## **The Trustees** 

The trustees who have served the Charity during the period were as follows:- 

David Ball Will Beckett Andrea Booth Denise Robinson 

Approved by the Trustees on …...................... 

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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Statement of Financial Activities** 

|2024<br>**Incoming Resources**<br>Charitable Trading Income<br>27792<br>Interest Receivable<br>0<br>Grants<br>0<br>**Total Incoming Resources**<br>**27792**<br>**Resources Expended**<br>Management and Administration<br>22521<br>**Total Resouces Expended**<br>**22521**<br>**Net Incoming Resources for the Year**<br>**5271**<br>**Balances Carried Forward**<br>**(10768)**<br>**Total Funds**|2023<br>24709<br>TBA<br>0<br>**Total Funds**|
|---|---|
||**24709**|
||40748|
||**40748**|
||**(16039)**|
||**(16039)**|



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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Notes to The Financial Statements** 

## **1) Accounting Policies** 

## **Basis of Accounting** 

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting By Charities" (SORP 2000) and The Charities Act 1993 

|**2) Charitable Trading Income**<br>Booking Fees<br>Grants<br>Other Income (Waste Disposal)<br>**3) Interest Receivable**<br>Building Society Interest Receivable<br>**4) Management and Administration**<br>Salaries<br>Centre Costs<br>Audit Fees|**2024**<br>**£**<br>27342<br>0<br>450<br>**27792**<br>**0**<br>8096<br>14425<br>0<br>**22521**|**2023**<br>**£**<br>24709<br>0<br>-|
|---|---|---|
|||**24709**|
||||
|||**0**|
|||9572<br>31176<br>0|
|||**40748**|



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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Balance Sheet as at 31st December 2024** 

|**Current Assets**<br>Cash at Bank and In Hand<br>**Total Current Assets**<br>**Total Assets less Current Liabilities**<br>**Funds**|**2024**<br>**£**<br>36916<br>**36916**<br>**36916**<br>**36916**<br>**36916**|**2023**<br>**£**<br>35000|
|---|---|---|
|||**35000**|
||||
|||**35000**|
|||35000|
|||**35000**|



These financial statements were approved by the members of the committee on the ….......... and are signed on their behalf by: 

…................... …................... Andrea Booth David Ball …................... …................... Will Beckett Denise Robinson 

**Note:** A check of the bank statements was not carried out at the time of compiling the 2023 Accounts due to Treasurer change over and bank account access issues. The balance for 2023 was estimated, this has been corrected in 2024. The statements have been checked and all is in order. 

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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Income Statement for the Year Ended 31st December 2024** 

|**Income**<br>Skipton Interest ( Account Closed)<br>Net Booking Income<br>Less: Booking Refunds<br>Eden District Council Grants<br>Other Income (Waste Disposal)<br>**Total Income**<br>**Expenses**<br>Light and Heat<br>Caretaker Contract Fees<br>Cleaning<br>Insurance<br>Other (Breakdown Attached)<br>Booking Secretary<br>Repairs and Maintenance<br>Fire and Security<br>Rates<br>Telephone and Postage<br>Trade Waste<br>New Oven<br>Maxigenie Water<br>Audit/ Bank Charges<br>Capex<br>Website Costs<br>**Total Expenditure**<br>**Profit/(Loss)**|**2024**<br>N/A<br>27342<br>(3440)<br>0<br>450<br>24352<br>4373<br>4496<br>2160<br>1898<br>1044<br>1440<br>3603<br>527<br>109<br>147<br>1718<br>-<br>894<br>12<br>-<br>100<br>22521<br>1831|**2023**<br>TBA<br>24709<br>-<br>0<br>-|
|---|---|---|
|||24709|
|||3095<br>3812<br>4320<br>1642<br>295<br>1440<br>1285<br>939<br>111<br>1193<br>860<br>-<br>784<br>-<br>20972<br>-|
|||40748|
||||
|||(9026)|



## **Note:** 

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## **Bury Jubilee Outdoor Pursuits Centre** 

## **Accountants Report** 

## **Summary of Performance 2024** 

## **Comments** 

Profit/Loss The charity made a small profit in this year which is a good sign as for part of the year the hostel was closed down due to water quality issues which resulted in refunds of bookings for the period. There was a major spend in 2023 to carry out essential upgrades to the building. 

Revenue The revenue for 2024 is almost equal to 2023, booking revenue is down by 3.3% which is due to the close down detailed above. There has been extra income in the year in relation to shared waste disposal facilities. 

## **Major Cost Variances to Prior Year** 

|Asset Purchase|**2024**<br>**2023**<br>**Variance**<br>**Adv/ Fav**<br>0<br>20972<br>20972 Fav|
|---|---|
|Light & Heat<br>Cleaning/ Caretaker<br>Insurance<br>Booking Secretary<br>Repairs & Maintenance<br>Fire & Security<br>Rates<br>Telephone & Postage<br>Trade Waste<br>Audit & Bank Charges<br>Maxigiene Water<br>Website Costs<br>Other|4373<br>3095<br>-1278 Adv<br>6656<br>8132<br>1476 Fav<br>1898<br>1642<br>-256 Adv<br>1440<br>1440<br>0 No Var<br>3603<br>1285<br>-2318 Adv<br>527<br>939<br>412 Fav<br>109<br>111<br>2 Fav<br>147<br>1193<br>1046 Fav<br>1718<br>860<br>-858 Adv<br>12<br>0<br>-12 Adv<br>894<br>784<br>-110 Adv<br>100<br>0<br>-100 Adv<br>1044<br>295<br>-749 Adv<br>22521<br>19776<br>-2745 Adv|



## **Final Summary** 

In 2023 there was a major spend on essential upgrades to the hostel building, this created an overall loss for the year. Due to the spend the comparitive overall profits are not a true reflection of the situation. In 2023 there was a loss overall of £9026, in 2024 there was a profit of £1831, if we remove the spend on the building and compare actual trading income and expenses this is adverse by £2745. Income was slightly down due to the refunds given during the shut down and utility costs are up. Overall if we take into consideration all the factors the result is favourable and the investment in 2023 was essential and should serve the hostel going forward for many years. 

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