Chxrity Registration No. 512886 MAURICE CHANDLER SVORTS CENTRE ur4AUDITED FINANCIAL STATCMINTS FOR TIIC YEAR ENDED 3 ST ARCH 2025 MAURICE CHANDLER SPORTS CEI NTRC LEGAL AND ADMINISTRATIVE INftORMATION Truslces Mr A Hodgson Mr R Seaman l.IcJth Mi. R Heath Mrs J Jeffrics Maiiageinent CommittLC Mr R Hcuih Mrs J Jeffries Mts J McGrdih Mrs J Mc(irdth Mr11 SL(Iman Heaih Mr R Payne Mrs L Ilradley Chair Vice Chaii. '] reasurer Secrelary Chai'ily Number 512886 Pi'iiicipal addi'ess Mauricc Chaiidler Sports Centre Wai'r7nl Road Stokc l.Icaih Terii Hill Mtti'kei Drayton TF92JP IndLpendenl Examiner Slubbs Parkii) Souih 28 Che8hire Strcel Mai'kcl Drayton Shro￿£hIre "ri.'9 IPF Bankers Nalivesi Cheshirc Sireel Market Drn)rton Shrupshire TF9 IPG MAURICE CHANDLER SPORTS CCI NTRE CONTII NTS 'rrusteL's Report Independcnl LAanitners veport Sialeiiienl of financial activities Balan¢L sheet Noles lo the financial 8iatenienls 7- 10 Page I MAURICE CHANDLER SPORTS C.FNTRC TRUSI'ECS iir,PORT FOR THf. YEAR ENDED 31ST MARCH 2025 The Trustees present their report and fin￿ncial statements for thc year ended 31 March 2025. Tlie fiiiancial statements have bLcn prepdltd in aecoi'dancc with Ihc accounling policies set OLIt in note I to thL lin&nLial slalciiieiil5 and comply ivith Ihc Lharity's goveiming docuiiient. the Churilies Act 2011 and "Accouiiling and I'eporting by Charities= Siatemenl ol- Ilecommcndcd I'i'aelice applicablc lo charities prepai'ing thcir accounls in accordance i¥iih IhL financial Reporling Standard dpp1iLable in the utl and Republic of Ireland {I,"RS 102) (effeclive l Januaiy 2015)" Objeetives Anil Activities The Charil}' Objectivc 15 lo provide a SrKJrt8 and Lcisure Ceiilir facility ivith the object of ii)Iproving Ilie coiidilioiis of i ife for Ilie public in N(Irih Shi'opsliire. The Charity was foiined iii 1982 and is govei'ned by u constitulion and its siibsequent vai'ialions where Ihe pi-iinary objectivcs are ut)cl)anged from the original. Our niain focus thi.s yeai. contii)ues to be eslabliqhing Ihc niaximum use of our current facilitics by idLntifying and responding lo demand and this is eonfirined by the increasc in cnlraii¢e fees ii)conie by £5,000. Taking into account our price incre&8es foi. usc inlroduced in Api'il thi5 effecls d 60/0 increase iii usage. Dui'ing Ilie period undLI' r¢poi1 we conliiiue to piDvidc facilities foi. a CIyn)nasiiim,5 a-sidG I-.￿tball, Netball, in linc l-loekey. Badniinlon, Walking I,ooiball, Table Tennis, Rugby'l'raining and Pickleball. Junioi- Gymnastics hav¢ been introduced undcr apprpriaie supervision. Tlie succcssful use by Junior c(￿Ched l-ooiball is of iiole under the coach, Steve Lalley. All Juiiioi- fees for hire lll the centir al'e at a significant Ill￿O￿nt level lo encouraRe junior iisc of the facility. In cxtirmc weather conditions over the winlLr local Rugby club5 hav¢ ¢onla¢lLd us lo coiiducl theii. training indoors using the Astix) Pitch. WL havL however nol alivays bccn fully able lo accommodate them but this has improved theii. ai.vai'cncss of oui. facilily. Netball continues to be well 5UPPOrt¢d. he￿ iv¢ organise league4 with tcams compeli118 Nveekly. We open 5 days a iveek iviih on-demand weekend opening, in particular for Roller Hockey evenls. Rollei. Hockey continuc5 to be a popular event &nd scvei'ul clubs use lis as iheii. Flome Bas¢ and Hockc), League -BRHA competitions are hcld al the centre. "rimcs air set aside foi. Casual Skating and "Roller Dt5co" whicl) prove very popular. Skate hirc is available and a pool of good quality skat&8 are available. The small tlam of staff who manage the ccntre on a flexible basis should bc ci)mmended for diligence and loyalty enablin8 the centlE to acconimodale ihe iveekend rcquircmenls and ive thank Ihcm foi. theii. siipport of the Cliarily. We ivuuld a150 ihank the teams ot volunteers who Ihroughout thc ycyr r¢S￿)nd lo our minor maintenance deiiiand4 drouiid the cc'nlrc, 4illcvi8tiiig contractor costs. Your'fruslee5 and Management Commit*e att please lo conLlude Ihal we are nieeling the Iwuii'einenls of Charitable Obieclives Set out in oui. Coiistitulion. Futiire Objectives We remain I'esolved tu continue wilh the ain)s and objectives of Ihe cliaiily in the future. New sport aclivitics ure being constantly investigaled and Ii'ialled lo determinc if our facililTes are suitable and can be us¢d ivithout Indjor incirased capital ¢xp¢ndilure or if significunt cosl 15 required ihere are a550cialed granls. Inli'oduction of Il)ese sp￿.(5 will give us a broader appeal and associalcd increase of poieiitial population iyho use ihe cenliE. We are ylso lookiiiR carefully at thv inLuine from each ai'ea with a view lo balancinR the area allocalcd lo the as8ociat¢d den)0,951 Dtpi'¢¢i&ti(Jn: Al as 3 Isl MuiL'h 2024 Cl)ai'ge for tlie year At as 3 1st March 2025 28.000 7,OUO 132,752 160.752 12,495 173 247 138 247 Net Book VAlue: Ai as 31 si March 2025 315.000 337,71M Al as 3 1st Mai'ch 2024 322,000 346 502 The Sports Centre Nvas revalued at market value on 21 January 2020 by Independent RICS Registei'ed Valuer. This vulualion wa5 included in the Finaiicial Siatcinei)ts in the year ended 31 Mairh 2022. "rhc valuation iv&5 at niarket valued subject lo lh¢ operational lease5 in place and ivas for £350,000. Y AnHlysis of fuiids 2025 2024 Resti'xcte(I funds l)pening funds Used in year Addcd in yui. Closing funds Unresti'icled funds Openin8 funds (UsLd) / added iii year Closing fi]nds 166,933 9,833 157,100 161,636 5,297 166933 RevRluation re5erYe funds Opeiiing and closing flind5 253 956 253,956 'rotal fiin(I 411056 420.889 Page 111 MAURiCf CHANDLER SPORTS CENTRE NO'fLS TO TIIE U,NAUDITED fiNANI'CJAL STATIMII N1'S FOR TIIE YEAR ENDED 31ST MARCH 2025 In respect of the propei'ly held at valualion. Ihe cost, dcpreciation and coniwai'able carijiing aniount that would have been reLognised if the assct had been can'icd uiider the hi.%lorical cosl niodel 18 as fulloivs:. Propei'ty As at 31 Mai'eh 2025 Cost Aggi'cgalL depre¢ialion Cari'yiiig amount 213,876 {171,302 42,574 As at 31 IVAai'eh 2024 Lost Aggiegalc deprecialion Cari'ying dmounl 213,876 1160 608) 53.268