## **Trustees’ Annual Report for the period** **Period start date 1st April 2023 To Period End Date:** **31st March 2024** **Charity name: Higham Lane Leisure Association (Ambleside) Charity registration number:** 512783 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Our charity’s purposes as set out in the
objects contained in the company’s mission
statement are::
• Bene fit the local community by providing
sporting and social facilities for the area. fi
In accordance with the associations
constitution, recreational and leisur e
facilities are provided for members of the
local community, without regard to sex or of
political or religious opinion, with the view to
improving their conditions of lifee ..
• Ensure that facilities are available for
outdoor sports including football, cricket
and bowls together with two all-weather
outdoor pitches which are used for
football, tennis, netball and hockey. The
pavilion contains changing rooms, toilets
and lounges which are used for indoor
bowls, table tennis, keep fit classes and
community groups for meetings and fund
raising events. fi
• Provide facilities for many voluntary
organisations, churches, local schools
and college s
Bene
the local community by providing
sporting and social facilities for the area.
n accordance with the associations
constitution, recreational and leisur
acilities are provided for members of the
local community, without regard to sex or of
political or religious opinion, with the view to
improving their conditions of life
Ensure that facilities are available for
outdoor sports including football, cricket
and bowls together with two all-weather
outdoor pitches which are used for
football, tennis, netball and hockey. The
pavilion contains changing rooms, toilets
and lounges which are used for indoor
bowls, table tennis, keep
classes and
community groups for meetings and fund
raising events.
Provide facilities for many voluntary
organisations, churches, local schools
and college| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The Charity has numerous sporting and recreational
sections who support the local community. They
include
Junior and Senior Footbal l
Junior ad Senior Cricke t
Junior and Senior Netbal l
Tabe Tenni s
Bowl
Running Clu b
Phoenix Group (who support people with dementia )
Tenni s
Walking footbal l
Hocke y
Runnin g
Golf
this is not a conclusive lis t| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference ## **Achievements and Performance** SORP reference The Charity bene fits the local community through inclusion in all of the activities/sporting groups associated with the association (see list above), which is also helps mental health and well-being. During this period the membership to those sections has grownfi.. The association also makes available space for local use where members can hold events, celebration and wakes .. All pitches and sporting areas are maintained by the association throughout the yea rr The association held events for local community i.e. Bon fire night, children's Halloween and Christmas partiefiss ## **Additional information (optional)** You may choose to include further statements where relevant about: The Association objective to build a space for Elite tennis commenced in 2022 and work is due conclude April 2025. Work throughout 2023/24 has accelerated greatly . This new building when complete will create more space for local communities to utilise. ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Financial Review**
2023/24 fnancial position is looking favourable, with
a turn over of just under £500K and pro t of just
under £103K
Income was up on previous year and grant received
from local authority towards build of new Pavillion.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Association has established a policy for holding
reserve of circa £20K. This reserve will be utilised to
support the association by meeting the working
expenditure required for the charity should they not
be able to continue the current activities in the event
of a signi fcant drop in funding.| |Amount of reserves held|Para 1.22|£20K held in separate account| |Reasons for holding zero
reserves|Para 1.22|Money during this nancial period was reinvested in
the existing facilities where work could be carried
out.| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: The Charity principal source of funding is through, membership (all sections and social members), sale of goods through the bar, hire of rooms and grants obtained . The sale of goods was impacted during this period. . Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution of the Higham Lane Leisure Association| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The Association is governed under the Constitution
of the Higham Lane leisure Association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are elected/ re elected at the Annual General
Meeting in line with constitution .
New Trustees recruited during year undergo an
interview process to be elected to the committee| ## **Additional information (optional)** You may choose to include further statements where relevant about: ## **Reference and Administrative details** |Charity name|Higham Lane Leisure Association (Ambleside)| |---|---| |Other name the charity uses|Ambleside Sports & Social Associaition| |Registered charity number|512783| Charity's principal address Ambleside Way Nuneaton CVII 6AT **Names of the charity trustees who manage the charity** |1
2
3
4
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**| |---|---|---|---|---| ||Dawn Formaston|Secretary||| ||Mr J Bosworth (re
appointed)|Chair person||| ||Robbie Clarke|Vice Chairperson||| ||Claire Hunter|Treasurer||| ||Heath Denny|||| ||Mike Parsons|||| ||Mark Porter|||| ||Stewart Harbison|||| ||Rachel Tedds|||| ||Richard Thornton|||| ||Ben Bosworth|||| |||||| |||||| |||||| |||||| |||||| |||||| ## Corporate trustees – names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |Malcolm Howard Kerry|**Property Trustee**|| ||William John Clarke
**Property Trustee**
Clive Ernest Woodfne
**Property Trustee**| |---|---| ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** REGISTERED CHARITY NUMBER; 512783 HIGHAM LANE LEISURE ASSOCIATION TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 HIGHAM LANE LEISURE ASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS forthe Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to the Ftnancial Statements Detailed Statement of Financial Activities 5t08 9tolO HIGHAM LANE LEISURE ASSOCIATION REPORT OF THE TRUSTEES for the Year Ended 31 March 2024 The tru#ees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024. Registered Charity Number: 512783 Registered Address Ambleside Community Sports Club Ambleside Way Nuneaton CVII 6AT Trustees J. Bosworth H. Denney R. CIarlc D. Formaston C. Hunter M. Malyon M. Porter R. Thornton B. Bosworth R. Tedds S. Harbison Independent Examiner Callum McAllister CJM Accountants Limited Creaton Cottage, Freer Street Nuneaton CVII 4PR The Trustees are responsible for koeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trijstees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the board Trustee HIGHAM L4NE LEISURE ASSOCIATION INDEPENDENT EXAMINE￿5 REPORT Independent Examiner's Report to the trustees of HÈgham Lane Leisure Association I report to the charitytrustees on my examination of the financial statements of Higham Lane Leisure Association forthe year ended 31 March 2024. Responsibilitie$ and basis of report As the charity's trustees of the company (and also its directors for the purpose of company law} you are responsible for the preparation of the financial statements in accordance with the requtrements of the Charities Act 2011 ('the Act'}. I report in respect of my exam.ination of your charity's financ.ial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Art,). In carrying out my examination I have followed the directions given by the Char5ty Commission under section 145(5) (b) of the 2011 Act. Independent examinerfs statement As the charity's gross income ex￿eded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I can confirm that l am qualified to undertakethe examination because l am a member of The Association of Accounting Technicians, which is one of the listed bodies. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: Accounting records were not kept in accordance with section 130 of the Charities Act . or The financial statements dD not accord with those records; or The financial statements do not comply with the applicable requirements concerning the form and content of acrounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any re.quirementthat the ac.cou.nts 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 co.nnection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Callum McAllister CJM Accountants Limited Creaton Cottage, Freer Street Nuneaton CVII 4PR HIGHAM LANE LEISURE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 3.1 March 2024 Unrestritted funds 2024 Total funds Total funds 2024 2023 Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Other trading activities Investment income 3,045 171,929 307,221 650 3,045 171,929 307,221 650 4,525 81,262 314,901 634 Totsl 482,845 482,845 401,322 EXPENDITURE ON Other Total 379.086 379.086 379,086 379,086 387,092 387,092 Net gains on investment NET INCOME 103,759 103,759 14,230 Transfers between funds Net movement in funds 103,759 103,759 14,230 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 485,484 589,243 485,484 589,243 471,254 485,484 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities HIGHAM LANE LEISURE ASSOCIATION STATEMENT OF FINANCIAL POSITION Forthe Year Ended 31 March 2024 Unrestrlcted funds 2024 Total funds Total funds 2024 2023 Notes FIXED ASSETS Tangible assets 612,124 612,124 475,171 CURRENT ASSErs Stocks Debtors Cash at bank and in hand 8,632 90 25,307 34,029 8,632 90 25,307 34,029 3,500 17,249 21,422 42,171 CREDITORS Amounts falling due withÉn oneyear (56,910) (56,910) {31,858} NET CURRENT ASSETS (22,881) (22,881) 10,313 TOTALASSETS LESS CURRENT LIABILITIES 589,243 589,243 485,484 NET ASSETS 589,243 589,243 485,484 FUNDS Unrestricted funds Bank Loans (Secured) TOTAL FUNDS 10 589,243 589,243 485,484 589.243 589,243 485,484 The financial statements were approved by the Board of Trustees and authorised for issue and signed on its behalf by: Trustee HIGHAM LANE LEISURE ASSOCIATION NOTES TO THE FINANCIALSTATEMENTS For the Year Ended 31 March 2024 I. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Ftnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effettive l January 2015)- (Charitie5 SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 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. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charÉty to that expenditure, it is posslble 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 cost related to the category. Tangible fixed assets Depreciation is provided at the following annual rates in orderto write off each asset over its estimated useful life. Land and buildings Fixtures, fitttngs and equipment - at varying rates on cost - at varying rates on cost Taxation The charity is exempt from corporation tax on its charitable activitie5. Stocks Stock 15 valued at the lower of cost and net realisable value, after making due allowance for ob501ete and slow moving items. Pension costs The charity operates a defined ¢ontribution pension scheme. Contribu,tions payable to the charitys pension scheme are charged to the Statement of Financial Activitt"es in the period to which they relate. HIGHAM LANE LEISURE ASSOCIATION NOTES TOTHE FINANCIALSTATEMENTS- continued Fortheyear Ended 31 March 2024 2. OTHER TRADING ACTIVITIES 2024 2023 Bar receipts 307,221 307,221 314,901 314,901 3. INVESTMENT INCOME 2024 2023 Bank interest 650 650 294 294 4. TRUSTEES, REMUNERATION AND BENEFITS There were no trustee's remuneration or expense5 paid forthe year ended 31 March 2024 norforthe year ended 31 March 2023. 5. STAFF COSTS The average monthly number of employees during the year was as follows: 2024 2023 Staff No employees received emoluments in excess of £60,000. HIGHAM LANE LEISURE AssoaATION NOTES TO THE FINANCIAL STATEMENTS- continued Forthe Year Ended 31 March 2024 6. TANGIBLE FIXED ASSETS Long leasehold property Land and buildings Fixtures, fittings and equipment Totals COST At l April 2023 Additions Disposals 20,000 604,179 128,078 150,263 17,873 774,442 145,951 At 31 March 2024 20,000 732,257 168,136 920,393 DEPRECIATION At l April 2023 Charge for year Eliminated on disposal 152,098 5,858 147,173 3,139 299,271 8,997 At 31 March 2024 157,956 150,312 308,268 NET BOOKVALUE At 31 March 2024 20,000 574,301 17,823 612,124 At 31 March 2023 20,000 452,081 3,090 475,171 7. STOCKS 2024 2023 Stocks 8,632 3,500 8. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors 17,159 90 17,249 90 90 HIGHAM LANE LEISURE ASSOCIATION NOTES TO THE FINANaALSTATEMENTS- continued For theyear Ended 31 March 2024 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social securEty Other creditors 46,388 2,122 8,400 56,910 17,943 2,565 11,350 31,858 10. MOVEMENT IN FUNDS At l April 23 Net movement in funds Transfers At between 31 March 24 funds Unrestricted funds 485,484 103,759 589,243 TOTAL FUNDS 485,484 103,759 589,243 Net movÈment in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds 482,845 (379,086) 103,758 TOTAL FUNDS 482,845 (379,086} 103,758 HIGHAM LANE LEISURE ASSOCIATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES Forthe Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 3,045 4,525 Charitable activities Subscriptions Room hire Court and ground fees Rent received Pool table Social events (net) Advertising boards Sundry income Council grants 14,133 66,085 2,193 6,298 315 7,230 3,920 12,910 42,918 1,661 7,565 476 4,327 7,780 625 3,000 81,262 71,755 171,929 Other trading activities Bar re￿IptS 307,221 314,901 Imiestment income Bank interest 650 634 Total incoming resoulces 482,845 401,322 EXPENDITURE Raising donations and legacies Bar pu.rchases Wages Premsses cleaning Insurance, water rates and rate5 Printing, stationery, telephone and postage Licences Sky TV Accountancy Legal and professional fees Donations Light and heat General maintenance and improvements Ground maintenance Grou.nd upkeep Loan interest paid Bank and credit card charges Bookkeeping costs 133,684 94,005 23,604 7,456 4,441 350 5,277 2,595 7945 123,318 85,012 8,208 11,711 6,841 593 2,695 800 3,720 1,700 23,812 46,836 25,096 24,416 169 7,823 4,346 23,531 25,524 9,338 13,436 8,345 6,192 Sundry expenses Depreciation of tangible fixed assets Total resources expended 4,366 8,997 379,086 2,786 7,210 387,092 Net income / (expenditure) 103.759 14,230 REGISTERED CHARITY NUMBER; 512783 HIGHAM LANE LEISURE ASSOCIATION TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 HIGHAM LANE LEISURE ASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS forthe Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to the Ftnancial Statements Detailed Statement of Financial Activities 5t08 9tolO HIGHAM LANE LEISURE ASSOCIATION REPORT OF THE TRUSTEES for the Year Ended 31 March 2024 The tru#ees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024. Registered Charity Number: 512783 Registered Address Ambleside Community Sports Club Ambleside Way Nuneaton CVII 6AT Trustees J. Bosworth H. Denney R. CIarlc D. Formaston C. Hunter M. Malyon M. Porter R. Thornton B. Bosworth R. Tedds S. Harbison Independent Examiner Callum McAllister CJM Accountants Limited Creaton Cottage, Freer Street Nuneaton CVII 4PR The Trustees are responsible for koeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trijstees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the board Trustee HIGHAM L4NE LEISURE ASSOCIATION INDEPENDENT EXAMINE￿5 REPORT Independent Examiner's Report to the trustees of HÈgham Lane Leisure Association I report to the charitytrustees on my examination of the financial statements of Higham Lane Leisure Association forthe year ended 31 March 2024. Responsibilitie$ and basis of report As the charity's trustees of the company (and also its directors for the purpose of company law} you are responsible for the preparation of the financial statements in accordance with the requtrements of the Charities Act 2011 ('the Act'}. I report in respect of my exam.ination of your charity's financ.ial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Art,). In carrying out my examination I have followed the directions given by the Char5ty Commission under section 145(5) (b) of the 2011 Act. Independent examinerfs statement As the charity's gross income ex￿eded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I can confirm that l am qualified to undertakethe examination because l am a member of The Association of Accounting Technicians, which is one of the listed bodies. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: Accounting records were not kept in accordance with section 130 of the Charities Act . or The financial statements dD not accord with those records; or The financial statements do not comply with the applicable requirements concerning the form and content of acrounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any re.quirementthat the ac.cou.nts 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 co.nnection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Callum McAllister CJM Accountants Limited Creaton Cottage, Freer Street Nuneaton CVII 4PR HIGHAM LANE LEISURE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 3.1 March 2024 Unrestritted funds 2024 Total funds Total funds 2024 2023 Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Other trading activities Investment income 3,045 171,929 307,221 650 3,045 171,929 307,221 650 4,525 81,262 314,901 634 Totsl 482,845 482,845 401,322 EXPENDITURE ON Other Total 379.086 379.086 379,086 379,086 387,092 387,092 Net gains on investment NET INCOME 103,759 103,759 14,230 Transfers between funds Net movement in funds 103,759 103,759 14,230 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 485,484 589,243 485,484 589,243 471,254 485,484 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities HIGHAM LANE LEISURE ASSOCIATION STATEMENT OF FINANCIAL POSITION Forthe Year Ended 31 March 2024 Unrestrlcted funds 2024 Total funds Total funds 2024 2023 Notes FIXED ASSETS Tangible assets 612,124 612,124 475,171 CURRENT ASSErs Stocks Debtors Cash at bank and in hand 8,632 90 25,307 34,029 8,632 90 25,307 34,029 3,500 17,249 21,422 42,171 CREDITORS Amounts falling due withÉn oneyear (56,910) (56,910) {31,858} NET CURRENT ASSETS (22,881) (22,881) 10,313 TOTALASSETS LESS CURRENT LIABILITIES 589,243 589,243 485,484 NET ASSETS 589,243 589,243 485,484 FUNDS Unrestricted funds Bank Loans (Secured) TOTAL FUNDS 10 589,243 589,243 485,484 589.243 589,243 485,484 The financial statements were approved by the Board of Trustees and authorised for issue and signed on its behalf by: Trustee HIGHAM LANE LEISURE ASSOCIATION NOTES TO THE FINANCIALSTATEMENTS For the Year Ended 31 March 2024 I. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Ftnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effettive l January 2015)- (Charitie5 SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 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. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charÉty to that expenditure, it is posslble 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 cost related to the category. Tangible fixed assets Depreciation is provided at the following annual rates in orderto write off each asset over its estimated useful life. Land and buildings Fixtures, fitttngs and equipment - at varying rates on cost - at varying rates on cost Taxation The charity is exempt from corporation tax on its charitable activitie5. Stocks Stock 15 valued at the lower of cost and net realisable value, after making due allowance for ob501ete and slow moving items. Pension costs The charity operates a defined ¢ontribution pension scheme. Contribu,tions payable to the charitys pension scheme are charged to the Statement of Financial Activitt"es in the period to which they relate. HIGHAM LANE LEISURE ASSOCIATION NOTES TOTHE FINANCIALSTATEMENTS- continued Fortheyear Ended 31 March 2024 2. OTHER TRADING ACTIVITIES 2024 2023 Bar receipts 307,221 307,221 314,901 314,901 3. INVESTMENT INCOME 2024 2023 Bank interest 650 650 294 294 4. TRUSTEES, REMUNERATION AND BENEFITS There were no trustee's remuneration or expense5 paid forthe year ended 31 March 2024 norforthe year ended 31 March 2023. 5. STAFF COSTS The average monthly number of employees during the year was as follows: 2024 2023 Staff No employees received emoluments in excess of £60,000. HIGHAM LANE LEISURE AssoaATION NOTES TO THE FINANCIAL STATEMENTS- continued Forthe Year Ended 31 March 2024 6. TANGIBLE FIXED ASSETS Long leasehold property Land and buildings Fixtures, fittings and equipment Totals COST At l April 2023 Additions Disposals 20,000 604,179 128,078 150,263 17,873 774,442 145,951 At 31 March 2024 20,000 732,257 168,136 920,393 DEPRECIATION At l April 2023 Charge for year Eliminated on disposal 152,098 5,858 147,173 3,139 299,271 8,997 At 31 March 2024 157,956 150,312 308,268 NET BOOKVALUE At 31 March 2024 20,000 574,301 17,823 612,124 At 31 March 2023 20,000 452,081 3,090 475,171 7. STOCKS 2024 2023 Stocks 8,632 3,500 8. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors 17,159 90 17,249 90 90 HIGHAM LANE LEISURE ASSOCIATION NOTES TO THE FINANaALSTATEMENTS- continued For theyear Ended 31 March 2024 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social securEty Other creditors 46,388 2,122 8,400 56,910 17,943 2,565 11,350 31,858 10. MOVEMENT IN FUNDS At l April 23 Net movement in funds Transfers At between 31 March 24 funds Unrestricted funds 485,484 103,759 589,243 TOTAL FUNDS 485,484 103,759 589,243 Net movÈment in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds 482,845 (379,086) 103,758 TOTAL FUNDS 482,845 (379,086} 103,758 HIGHAM LANE LEISURE ASSOCIATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES Forthe Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 3,045 4,525 Charitable activities Subscriptions Room hire Court and ground fees Rent received Pool table Social events (net) Advertising boards Sundry income Council grants 14,133 66,085 2,193 6,298 315 7,230 3,920 12,910 42,918 1,661 7,565 476 4,327 7,780 625 3,000 81,262 71,755 171,929 Other trading activities Bar re￿IptS 307,221 314,901 Imiestment income Bank interest 650 634 Total incoming resoulces 482,845 401,322 EXPENDITURE Raising donations and legacies Bar pu.rchases Wages Premsses cleaning Insurance, water rates and rate5 Printing, stationery, telephone and postage Licences Sky TV Accountancy Legal and professional fees Donations Light and heat General maintenance and improvements Ground maintenance Grou.nd upkeep Loan interest paid Bank and credit card charges Bookkeeping costs 133,684 94,005 23,604 7,456 4,441 350 5,277 2,595 7945 123,318 85,012 8,208 11,711 6,841 593 2,695 800 3,720 1,700 23,812 46,836 25,096 24,416 169 7,823 4,346 23,531 25,524 9,338 13,436 8,345 6,192 Sundry expenses Depreciation of tangible fixed assets Total resources expended 4,366 8,997 379,086 2,786 7,210 387,092 Net income / (expenditure) 103.759 14,230