REGISTERED CHARrrY NUMBER: 519825 Rèport of the Trustees and Financial Statoments lor the Year Ended 31st Dtcèmbèr 2024 for Perdiswell Young Peoples Leisurè Club The Richards Sandy Partnership Thomeloe HoLtse 25 Barboume Road Worcester Worcestershire WR1 1RU Perdiswell Young Peoples Leisure Club Contents of the Financial Ststement5 for the Year Ended 31st December 2024 Pagè Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notès to the Financial Statèmènts 10 to 19 Dètailed Statement of Financial Activtties 20 Perdlswell Young Peoples Lelsure Club Report of the Trustees for the Year Ended 31st December 2024 The trustees present their report wlh the financial ststement5 of the charity for the year ended 31st December 2024. 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 applicabl8 in Ihe UK and Republic of Ireland IFRS 102} {effe(*ve 3 January 2019). OBJECTIVES AND ACTIVITIES Charitsble objects To help and educate young people in the City of Worcesler and surrounding distrÉcts, especially, but not exclusively, through their leisure time activities. $0 to develop their physical. mentsl and spiritual capacities that they grow to full maturity as individuals and members of society. and to support other Charities or charitable purposes in the City of Worcester and surrounding districts. Ensuring our work dellvers our aims Each year our aims, objecbves and activities are reviewed, based on the outcome of our work in the previous 12 months, to ensure they still reflect and further our aims and legal purposes. In our planning. setting objectives and deternining our activities the Trustees have paid due regard to the 'General Guidance on Public Benefit. published by the Charities Commission. In so doing. the Trustees consider the activrbes planned and how they fijrther the aims 8nd objectives they have set. The success of activities is revbewed each year in the context of benefits they bring to those groups ol people we sel out to help. How our activltlo5 dellver publlc benefft All our acb'vities are as described in our review of activities and achievements, and are undertaken to further our charitable obje¢tives for the wblic benefft. ACHIEVEMEiifs ANLI PERFORMANCE Charltable activiti•s Overview Whilst the ¢ost of living crisis continued to impact on members of the local community. the Club ha5 deh'v8red an InC￿Sed number of free and Iow-COSt trips and activities for thildren. young people and their families throughout Ihe year. Following success in securing grant funding. we have been able to employ additional staff to facilitate free access sessions for young people based in the Skatepark Youth Lodge and to deliver the xhool holiday activities. As a result, the comprehensive six-week summer hdiday programrnes resulted in 1,225 attendances being recorded. We have continued to engage wth other young people'5 tharities. who share our aims and provided funding andlor made use of our facilities. Skata Parklyouth Lodge The Skatepark facility continued to be Fxjpular vthh children and young people fr(xn all areas of Worcester City and the surrounding districts. induding many disadvantaged youngsters from low inc(Jne famibes. who benefited from free access to the Skatepark and Youth Lodge. The purpose bu1￿ concrete Skatepark was floodfrt durrrKJ the da￿er evenings and open daily unbl 9.30pm, wealher pem)itting. offering young people a safer environment whère they could practic8 their sport in the open air. The Youth Ltsjge was stsffed by youlh workers and the number of daity free access sessions increased from March onwards offering young people aged 11 to 17 years 8 safe place to socialise and participate in positive activities. The Youlh Lodge's social space offers a PS4 console. pool table, board games. table football and various arts and crafts activities, cooking sessions and quizzes. As a resu￿. the number of young people using the facility has increased this year and positive relationships formed between the young people and our staff. Additsonally, pr(yJrammes of actiwties were delivered duriThJ the February half term, Easler, May half lem, Summer, October haw tenn and Christmas schi)ol hcliday periods. Activities including themed crafts, ouiues. bingo, cookerylbaking, crochet, sequin art. clay workshop, crod)eL glitter art, mosaic arL movie aftemoon, pool t04Jmamenl. music workshop and Team Rubicon's scooter and Skatet￿¥aFd training workshops. There were trips out lo len pin bowling, swirnming, crazy goK. foot golf and mini golf. laser tag. Teword Ice Rink, Top Bam Escape Rooms, A21ec Adventure and Aqua Park. Creations Indoor Skatepark. Go Ape. Drayton Manor PadE and Zoo and Ajton Towers 'Scarefest'. Lunch and snacks were provtded free of charge for young people who were enti￿e￿ to receive benefits relatsd to free school meals. Page 1 Perdiswell Young Peoples Leisure Club Report of the Trustees for the Year Ended 31 st December 2024 Youth Ineluslon Clubs The Youth Inclusion Clubs were organised Specifical￿ for young people from Worcester City and ltrie surrounding districts with disabilities, leaming difficulties. behavioural problems and complex heamh needs. The Wednesday night session was attended by young people aged 12 to 18 year5 and the Sunday night session by 17 10 25 year olds. Young people parttcipated in ihe weekly programmes of activities, including a variely of different sports. cooking 2nd baking sessions, themed arts and craft wotl(shops and table games. The young people enjoyed a fancy dre%s Halloween paty in October and a three course Christrnas meal in December. Trips were arranged at Easlei to play crazy golf at the Ravenmeadow Golf Range. swimming at Perdiswell Leisure Centre and len pin bowling al Worcesler Bowl. Further trips included len pin bowling in the May half term and a trip to the Wesl Midlands Safari Park in the October haw term. The sessions continued to provide opportunities for the young people to have fun. make friends. create strong social networks arsd to channel their energy into positive activities. develop confidence, K￿la1 skills and independence and participate in mainstream actiwties. FLASH Summer Hollday Incluslon ProJè¢t We were once again able to offer a six-week progfamme of activilies and lrips out for young people wth learning difficulties. speaal needs and complex health issues this summer. The acb"vities and trips, planned with the Input of the young people, were attended by young people from Worcesler City and the surrounding districts aged 12 10 25 ye2rs. The 18 activity sessions induded inhouse a Welcome Party BBQ. Talent Sh¢)w the One Community Youth Day. Club Activity evenings welcoming visits by a Drumming Workshop. Animal Mania and an End of Summer Disco. Activities also include(J a variety of mainstream educational. recreational and sports.ng opportunities including trips out lo Aztec Adventure, Lazer Quest, Bodenham Arboretum. Black County Living Museum. Wild Z(K)logical Park. Countyside Centre. Weston Supei Mare. Drayton Manor Pork and Zoo. ice skating. ten pin bowlinglcrazy golf, foot golf and a fish and chip supper at a local restaurant. Children's A¢tlvlty Days Activity days were prowded for primary school children during the February half temi. Easter. May hatf temi. Summer. October hair lemi and Chrisbnas school hotiday periods. Actiwties induded crafts. cooking. games, sports, bingo. visit to the Countyside Centre and pumpkin carving. Hot lunches were also provid8d. PTimary school aged children enjoyed the Christmas Party Activity Day held on 23rd December from 12pm to 4pm. Activities induded games, arts and crafts. inflatable. a magician and fair rides. Kids Holiday Clubs We Ofganised holiday cEubs for children aged from 8 to 11 years. Lunches were provided free of charge for young people who were entitled to receiv8 benefits rglated to fr8e sthool meals. The Easter holiday dub ran over four days and sessions inctuded sports. science workshops, arts and crafts, len pin bowling. laser tag, chocolate egg making and a trÈp to Cadbury Wodd. This was followed by a twCpv￿k holiday dub over ten days in July and AugusL Sessions included t-shirt printing. cr8Zy golf and foot golf. 3 visit from Animal Mania. samba workshop. multi sports. ten pin bowling. laser quest, sequin art and fizzpop science workshop, iircu5 5ki11s, multi sports. graffiti afL day modelling, inflatables and games. The young people also enjoyed trips lo A2tec Adventure, Cotswold Wildlrfe Park and the Black County Living Museum. Stay & Play Sesslon The new Friday momin9 Stay & Play session for pre-school chihjren began on 23rd February and has continued to run throughout the year during te￿ times. The sessions proved to be popular and attracted families with young children. who had fun, benefitted from socialising and had access lo a variety of eady yearfs educational toys and books. The children enjoyed a Christmas party in December with a visit from Santa. paty games. a breakfast buffet and much more. Blue Roof Chlldren's Dlsco The new monthly Saturday evening Blue Roof Child￿n,$ Disco for c*Jildren aged 7 to11 years began on 27th April and due to its success is now held forthighdy. A Christmas disco was organised in December and activities included crafts. in11atable. chocolate I￿ng0 and party games. Page 2 Perdi5well Young Peoples Leisure Club Report of the Trustees for the Year Ended 31st December 2024 Fun Squad Play Activities This is the sewenth year that we have delivered the free a¢¢ess programmes ol play a¢tiwties lor children aged ,Jp li) 11 years In partnership with Play wor￿Ster Ipreviou51y Worcesler Play Council). The programme has been extended this year lo offer sessions specifically for young people aged 11 to 16 years. The prDgrammes of free play adivity pop up sèssions held over ihe February Hall Temi. Easter. May Half Tetrn. Summer, October HaK Terni and Christmas school holiday ￿r￿)dS were well attended. Venues throughout Ihe Cily included Cripplegate Park, Commeadow G￿en. Gheluvelt Park. Countryside Cèntre. the Hive. the Granary, Ennerdale Close, Dent Close, Ashlord Close. Ciowngate History & Heritage Pod and Cranham Parade in Warndon. Activities included crafts, storytelling. sport5. cake making and pumpkin caNng. On• Community Youth Day The One Community Youth Day was held 8t Club on Friday 28th July. frorn 2pm lo 6pm for young people aged 11 to 17 year5. 11 was a successful event., the acb"vities were provided free of tharge arKI was attended by 420 yOLJno peopSè. Councillor Mel Allcott the Mayor of Wofcester also attended the event. Activities on offer included a clifflbing wall. farFgTound rides. basketball. inffatables. sports. skatepark. art *?Iid o.r(ift workshops, creative spaces, living art. graffiti workshop, a DJ and bands. F(x)d and drinks were also providei? IrL'e i)1 charge. Partners for this event were the Lightbox Team. Platfom Hotjsing. Action for Children. FTeedotH Le1511￿ dnd the Worcestershire Cricket Foundation. Further infomiation and images of children's and young people's activities a￿ available on our website and F¥i¢ebook pages. Young Peopte's OrganisatKons The Club supported children and young people's actimties duiing the year and offereLI use of 5ts facilities lo Intsil children's and young people's groups, to enable them to organise their own programmes of activities, training se5SIL)lib, meetings, conferences and special events. The Club hosted the Wishing Well Nutseries. fundraisin9 event on Saturday 6th April. The funday was orgdnised lo raise funds for a 'penguin sculpture. for this yearfs Waddle of Worcesterf Wild in Art avenl running in the City from Jiily 10 Seplember. Attracts"ons Included craft stalls. inflatables, live music and perfomanfjes, face painting and donkey rides. A charty aucl'on wa5 also held and raised funds for St Richards Hospice. The Club hosted the Worcestershire Chikjren First annual free fun day. for foster families and children who are looked after by thè local authority, in August. The event was organised by tre Youth Voice Team from Worceslershire C,hildren First, and members ol Who Cares We Care. Wo[￿terShire Children in Care Council. Activitres included an Inflatable. arts and crafts, games, cake decorating, a sensory room and a human fruit machine. Councilk>r Steve Mackay. Worcestershire County Council's cabinet member wilh reS[h￿sibilIty lor chiklien and farnilies. attended the event. Community Support In May. the Club organised a low cost coach trip to the HabbeT1ey Trail. which was well received and attr&J(.leo 74 chi5dren and their families from the local community. Feedbath was positive wilh requests for further trips in the luturc. In December. the Club organise(l a three ￿￿r$e Chrkstmas tufkey lunth for over 100 senior rJtizens from the P£irdiswell Mature Club. Two In One Club for adults with learning difficulties and senior citizens from the local cornmunily. The lunch was lollowecj by musical entertainment which eneouraged the parb"cipants to take to the floor and d3ncE io IIIc&ir favourite songs. Mayorfs Charlty We were vèry pleased to leam that the Mayor of Worcester, Councillor Mel Allcott has chosen the Club iiv.. designated eharily for her year of office 2024125. We were inwled to support the Mayorfs fundraising activitie-.. As a result, ten of our truslees, staff members and vdLtnteers attended the Mayorfs Inaugural Banquet at the Guildh311 In September. where they enjoyed a meal and theatrical entenainment Pfovided by the Lollipop Youth Thet2tre iirid Worcester Musical Theatre Company. We held a Chrislmas Table Top sale at Club in October. with Craft stalls. ralllcs and refreshrnenls and a Christmas Hamper rafflè December. FNe representatives from Club attended the Mayor's Chflstrnas Charity Concert al the Guildhall in December. presented by the Elgar chora￿ ol Worcester. We are also working hard to organise a Gala Perforniance al the Swan ThealTe and the Mayorfs Banquet in 2025. MinibuslPèoplè Carrièr In addition to thè two 17-seatèr minibuses we have purthased a seven-seatèr Peop￿ camer that will eventuallv replacf., the aging nine-seater vehicle. The vehicles were used to provide weekly transport for the young people attending the Sunday night Youth Inclusion Club and for the school holiday adTrvib"es that we organised. including the FLASH S￿[￿rner holiday trips, Skatepark outirtrgs. Kids Holiday Club5 and Fun Squad activities. They were also used by ￿anY local children's 2nd young people's Drganisations needing trdnsport to support their own activibes Including the Indusion Access Educational Provision. which provides altemalive approache5 to mainstream education. Page 3 Perdiswell Young People$ Leisure Club Report of the TTU5tee5 for the Year Ended 31st December 2024 Staff Training Stam and volunleers have undergone trnining lo ￿neW iheif F¢x)d Hygiene certificates. Following ali Inspprtion Wor¢e5ter City Council has once again awarded the Club th8 maximum live stars 'Scores on the Doors, luod liyqiene Taiing. All new staff rec&ved Safeguarding. First ar￿ Induction iraining. Checks were camed otjt with the Disclo%ur? BArrin9 Service. Refurbishmentlmaintenance The Club works constantly to refurfoish and maintain ts premises to ensure Ihat Ihe facilities are kept up to a high standard. Dijring the year we have installed two large wall mounted smart boards in our meeting rooms Iliat were donated by a local company. A new upgraded tdephone system has been installed throughout the building. the disco control system In the Loungo and the focy￿ent. Appre¢iatlon We would likè to express apP￿C￿2t10n to all the children and young peopte who have participated or been invglved In aGtivib'es and events. ensuring that the Club continued to achieve its aims and objectives. Sincere appreci3tlOfi albo Iu our team ol Qedicaled hardworking staff and volunieers. the indNiduals. ¢harib"es and organisatic>ns that. tliroufjh Iheir efforts and generous financial support. have contributed tIMards Ihe Club's Success in 2024. A complete list i)f giiiii1S received is included in the Financial Statements. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number S19825 Principal address Perdiswell Park Droitwich Road Worcesier Worce5ter5hire WR3 7SN Trustees Philip Weston OBE Georgina Knighl Karen Watts Jennifer Purser Christine King Independent Examiner The Richards Sandy Partnership Thorneloe House 25 Barbourne Road Worcesler Worcestershire WR1 1RU Page 5 Perdiswell Young Peoptes Leisure Club Report of the Trustees for the Year Ended 31st December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers CAF Bank Limit 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Approved by order ol the Board of Trustees (M) .......... . and signed on its behalf by.. Jennifer Purser- Trustee Page 6 Independent Examinerf$ Report to the Trustees of PèrdSswèll Young Peoples Leisure Club Independent examinerfs report to the tIU5tees of Perdiswell Young Peoples Leisure Club I report to the charity trusiees on my examinab.on of the accounts ol Perdiswell Young Peoples Leisure Club Ilhe Chi7rilyi lor the year ended 31 st December 2024. Responsibiliti¢$ and basis of report As the charity truslees ol ihe Charity you are responsible for the preparation of the ac(x)unts In accordance with Ilii.. requirements of the Chaiitie5 Act 2011 I'lhe Act'l. I report in respect of my examination of the Chariws accounts catried out under Section 145 of the Act and In ("arr)'Inii out my examinabon I have lolli)wed all applicable Directson5 given by Ihe Charity Commission under Secbon 145jJlll)l ol Ihe Act. Independent examinerfs statement Since your charily's gross income exceeded £250.000 your examinei must be a rnember of a listed body. I can confiriii that l am qualified to undertake Ihe examinab.on because l am a meJnber ot the Assoaation of Chartered Certili{Jd Accountants, whith is on& of the listed t>(Klies. I have completed my examination. l confirm that no material matters have come to my attention in connection with the examination gwing me cause to believe that In any materi31 respe¢l- ac￿un￿.ng records were not kept in respect ol the Charity as required by Section 130 of the Act.. or the accounls do not accord with those records. or the a¢counlS do not comply with the applicable requirements wnceTnirrfJ Ihe form and content of accounts sel oul in the Charitie5 (Accounts and Reports) Regulats"ons 2008 other than any requirement that the accounts give a true and fair Mew which is not a fftatter considered as part of an independent examination. I have no con¢ems and have come across no other matters in connection with the examtnalion lo which attention should be drawn In this report in older to enable a proper ttnder5tanding of the accounts to be reached. Melissa Godwin ACCA ACA The Richard5 Sandy Partnership Thorneloe House 25 Barbourne Road Worcester Worcestershire WR1 1RU Date-. I￿. Its.LS Page 7 Perdiswell Young Peoples Leisure Club Statement of Financial Activities for the Year Ended 31st December 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted fvnds Note5 INCOME AND ENDOWMENTS FROM Donations and legacAes 4.790 126.532 131.322 24.156 Charitable activities Young People 234,294 90.870 325,164 ?63.d72 Other trading acb'vitses Inveslment income 4,173 16.398 4,173 16,398 8.138 Total 259,655 217,402 477,057 21J5,71i6 EXPENDITURE ON Charitable activities Young People 282,374 171,789 347.586 NET INCOMEIIEXPENDITUREI Transfers betwèen funds 122,7191 5,000 45,613 5.000) 22,894 1.$1.8201 Net movement irt funds 117.7191 40,613 22,894 lJ1.8201 RECONCILIATION OF FUNtJs Total fijnds brought forward 717,620 214,519 932,139 983.959 TOTAL FUNDS CARRIEO FORWARD 699,901 255.132 955.033 932.139 The notes fomi part of these financial slatements Page 8 Perdiswell Young Peoples Leisure Club Balancè Sheèt 31st December 2024 2024 Total funds 2U23 Total lund5 Unrestricted fund5 Restricted funds Notes FIXED ASSETS Tangible assets 12 218.SS9 205,132 423.691 455,6.37 CURRENT ASSETS Stocks Debtors Cash at bank 13 14 61)0 13,201 494,019 600 63.201 494.019 700 26.487 455,598 50,000 507,820 so.000 557.820 482.785 CRED￿oRs Amounts falling dve within year 126,478) 126.4781 16,2831 NET CURRENT ASs￿s 481,342 50.000 531,342 476.502 TOTAL ASSETS LESS CURRENT LIABILrfiES 699,901 255,132 955.033 9:12,13q NET ASSETS 699.901 255.132 955.033 972.13(J FUNDS Unrestricted funds Restricted funds 17 699,901 255.132 717,620 TOTAL FUNOS 955,033 9:42.139 The finan¢i81 statements We￿ approved by Ihe Board of Trustees an¢J authonsed for Issue oil 1.o...1o2Snd We￿ signed on its behalfby.. Georgina Knigh The notes form part of these financial statements Page 9 Perdi$well Young Peoples Leisure Club Notes to the Financial Statements for the Year Ended 31st December 2024 ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial statements of the charity. which Is a pU￿1C benefit entity under FRS 102. have bLaen k)Tei?(Ired in accordance with the Charibe5 SORP IFRS 1021 'Accountsng and Reporting by Charities.. Slaletiieni ol Recommended Practice applicable to charits.es preparing their accounts In accordance wlh tlip FITin cost 16.67% on cost Assets costing less than £1.000 are not Gaptslised. STOCKS Stocks are valued al the lower of cost and net realisable value. after making due allowance for obsoleie ai)d slow rHoving ileffls. TAXATION The charity 15 exempt from tax on ils ¢haritsble activities. FUND ACCOUNTING Unrestricted funds Can be used in accordance wth the charitsble objectives at the discretion ofthe Iruslees. Restricted funds can only be used for parucular restricted purposes within the objects of the charity. Restric150ll5 rise when specified by the donor or when funds are raised foi particular restricted purposes. Furthèr explanation of the nature and purpose of each fund is included in the notes to the financial slalements. FINANCIAL INSTRUMENTS The Charity has elected to apply the provisions of Sectson 11. Basic Financial Instruments, and Seclitin 12 '01her Financial Insirumenls Issues, of FRS 102 to all of its financiaj instruments. Finanei81 Instruments are recognised when the Charity becomes pany to contractual provisions c>f the Instoiment. Page 10 cnnlinut,d... Perdiswell Young Peoples Leisure Club Not•s to ihe Financial Statements - continued for the Year Ended 31st December 2024 ACCOUNTING POLICIES- continued FINANCIAL INSTRUMENTS Financial assets are offset. with the net amount5 presented in the accounts where there Is a legally Ènforceabl2 right to set off the recognised am(wnts and there is an inieftÈion to settle on a net basis or to reali5e the asset aii(I settle the liability simultaneously. Basic Financial Assets Basic financial assets, which include trade an¢J other receivab￿$ and cash and bank balan￿$. are Iniliallv measured al transaction pri￿ including transaction costs and are subsequenuy caffied at amortlsed cGs1 u511114 the effective interest method unless the arrangement consts"tutes a Iinancing transactson. where the transriclion is measured at the present value of the future receipts discounted at a market raie ol inteie5t. Basic Financial Liabilities Basic financial 14abilities, including trade and other payables, are initialty fecDgnised at transaction price unless the arrangement consiitutes a financing transacb"on. Whe￿ the debt Instrument is ffleasured at the preseril v.'Ilu of future re￿iPts. discounted at a markel rale of interest. Debt instrurnents are subsequenuy carried at anitsrtitod cost. using the effecb.ve interest rate Mel￿￿. Trade payables are obligations to pay for goods Dr 5eTWtes that have been acquired in the ordinary courst! o.. tINa operabons frotn suppliers. Ac¢ounts payable ale classified as current liabilities If payment is due within uiie or less. 11 not. they are pie5ented as non-currenl liabilities. Trade payables are rÈcognised initially ai transaLlion cost. PENSION COSTS The Gharity operates a defined ¢ontributton pension scheme. Contributions payable to Ihe cmanly's ?ension scheme are charged to the Statement of Financial Activities in the period to which they relate. GOVERNMENT GRANTS Government grants are recognised using the 8¢cruals m(Klel. Government grants relab.ng lo compensation for expenses or losses already Incurred or for the purpose ol giving immediate support to the Charity, with no future ￿lalert costs are recognised in income in the period in wliich the grants beGome payable. CRrricAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY Accounts"ng estsrnates and judgement are continually evaluated artd are based on historical experience aiid otheT factors, including expectati¢)ns of future events that are believed to be Trason8ble under the circumstsncp" Depre¢iatlon of leasehold propèrty Leasehold property has been depreciated on the basis that the current long lem operating lease agreeYi(?nl thai run5 to 31 Juty 2049 ￿11 not be renewed and thai when the lease ends control over the leasehold build.Iig% will revert to the landlord for no consideration payable lo the charity. If the charity was virtually ￿rtain that the lease would be renewed, then the leasehold property ci)ul(l )e deprecialed over a longer period and the annual depreciation charge would be lower than the amount includod In the finanaal statements. Th6 net Ixjok value of leasehold propety held at the year end is dtsclosed in note 12 of tt)ese IinatlLl4al slalement5. Accrued grant income The charity has recognised grant income dtje from Ihe Nats"onal Lottery Community Fund Ihat Is 10 be ￿C.p1ved Iii future years of £50,000 12023 £nil}_ However the National Lottery may in future years subsequently aniend the total value of this grant award lif there Is either significant underspend or overspend on the rel8led restricted fund activities) and the final amount Teceived relating lo this restricted fund grant may vary from the figure IncliJderJ within the finanaal statements. Page 11 conli',iued Perdiswefl Young Peoples Leisure Club Notes to the Financial Statements - continued for the Year Ended 31st December 2024 DONATIONS AND LEGACIES 2024 21123 Donation5 Donation grants 6.922 124400 2.156 22,01)0 131.322 24.156 Donation grdnts ￿ceiVed, included in the above, are as follows.. 2024 2023 Baron Davenport's Charity Claines United Charities Edward & Dorothy Cadbury Tnjst Happy Days Children's Charity Margaret Westwood merr￿rial Charity Platforn Housing Group Roger & Douglas Tumer Chaiitable Trust Six Masteis, Chanties The Chartes Woltson Charitable Twst The Eveson Trust The Mary Hill Trust The National Lottery Communty Fund The Saintbury Trust William A Cadbury Charitable TnJ5t Worc8Ster Arts Council 1.SOO 1,500 3.750 1,5(10 900 2.000 900 5,000 2,700 2,000 2,000 5,000 5,000 5,800 90,000 2,000 1,600 10,000 2.000 7511 soo 124,400 22,fJOU OTHER TRADING ACTIVITIES 2024 2023 Rents receive(S 4,173 INVESTMENT INCOME 2024 2023 Bank Interest receivèd 16.398 8,138 INCOME FROM CHARITABLE ACTIVITIES 2024 Young People 2023 Tolal activities Service giants Facilitses hire Facilities & activities 93.677 90,512 140,975 56,017 80,915 126.540 325,164 263.472 Service granis received. included in the above. are as follows.- 2024 20*3 NHS Public Hearth Positive Activities Play Worcester Iformedy Worcester Play Councill- CMrdinatorlA¢tyvTlies 3,000 5,427 12,000 Carried forward ,427 12,000 Page 12 continued.. Perdiswell Young Peoples Leisure Club Notes to the Finan¢ial Statèments - continued for the Year Ended 31st December 2024 INCOME FROM CHARITABLE AcT￿￿lEs - continued 2024 2n?3 Brought forward Ready Sieady WorcesterShi￿- Holiday Activities and Food IHAFI Programme worcestershi￿ County Council - Short Breaks Worcester City Council WorcÉster City Council- Covid Grants Worcester Community Trust Worcestorshire County Counul - Oivisional Fund - Matt Jenkins Worcestershire County Council - Divisional Fund - Mel Alkott Worcestershire County Coun¢TI - Divisional Fund- Steve Mackay Worcestershire County Council - Skatepart Activities Worcestershire County CounGil - Warm Spaces 8,427 62.050 1.450 21 321 10 121 400 1 55U 16,500 500 1.000 750 3,000 1.000 93,677 56,017 TRUSTEES. REMUNERATION AND BENEFITS During the year a salary was paid to a Trustee of the Charity, details are shown in note 8 of the accounts Ul)der staff costs. TRUSTEES. EXPENSES The￿ were no trustees. expenses paid for the year ended 31st December 2024 nor for the year ended 31 st December 2023. STAFF COSTS 2024 21723 Wages and salaries Social security cos Other pension costs 217.046 8,745 3,372 15i.014 6.985 .650 229.163 161 64ll The average tnonthty number of employees during the year was as fdlows.. 2024 22 21123 15 Average number of employees No employees received em(￿uments in excess of £60.000. Soci81 security costs lor the prior financial year is ststed net of Employment Allowance daims relating ID botli th current financial year and previous finanual years. During the year an average of 2212023. 15} stsff members were employed by the Charity in various Posltions The full time equivalent was 812023". 61. During the year the following salary cost5 were paid in respect of Mr P Wèston OBE who t5 employed by the Charily as the Developrnent Manager and he is also a Trustee of the charity. Charity Commission approval was obtained for this trustee employment. and amounts a￿ disck)sed below. Trustee salary costs - lincluded in the above) 2024 2023 Salary Social security costs Pension costs 44.570 4,798 1.136 4.65.3 977 Totsl 50,504 Page 13 Perdiswell Young Peoples Leisure Club Notes to the Financial Statewnents - Continued for the Year Ended 31st Dècember 2024 COMPARAT]VES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fvnds Re5tnded funds Total funds INCOME AND ENDOWMENTS FROM Donations and ￿atieS 2.156 22,000 24.156 Charitable activities Young People 219.455 44.017 263.472 Investment income 8.138 Total 229,749 66.017 295.766 EXPENDITURE ON Charitable activities Young People 264,432 83.154 3,17.586 NET INCOMEI{EXPENDITUREI Transfers between funds 134.6831 3.6061 117.1371 3,606 151.8201 Net movement in funds 138,2891 113.5311 151.8201 RECONCILIATION OF FUNDS Total funds bfoughl forward 755.Y 228,050 983,959 TOTAL FUNDS CARRIED FORWARD 717,620 214,519 932,139 INDEPENDENT EXAMINATION The fee for the independent examination for the year endeij 31 December 2024 was £3.42012023 £3.4101. RENT The Worcester City Council have provided plots at a peppercom rènt of £1 during the period. Page 14 cnntsnueil... Perdiswell Young Peoples Leisure Club Notes to the Financial Statemenis - continued for the Year Ended 31st December 2024 TANGIBLE FIXED ASSETS Leasehold property skale park Leasehol property general Plant and machinery Moior vehicles Tiital= COST At 1sl January 2024 Additions Elisposals 1,002.190 560.949 53,085 9,899 11,7161 106.840 20,340 1.723,064 30,239 56,5701 At 31 st Decernber 2024 957.336 560.949 51.268 127.180 1.696,733 DEPRECIATION Al 1st January 2024 Charge for year Eliminatèd on disposal 853,488 4,479 10,7291 267.464 11.471 39.635 7.969 10,9661 106,840 3,391 1,267,427 27,310 21.6951 At 31st December 2024 847.238 278.935 36,638 110231 1,273.042 NET BOOK VALUE At 31st December 2L124 110,098 282.014 14.630 16,949 423.691 Al 31si December 2023 148,702 293.485 13,450 45fi 637 STOCKS 2024 i)23 Stocks 600 14. OEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2Q23 Trade deblors Other debtors Prepayments 3,901 56.800 2.500 11.340 1.802 63,201 2b.487 cRED￿ORS. AMOUNTS FALLlhlG DUE WITHIN ONE YEAR 2024 2023 Trade Creditors Social security and other taxes Pension Accrued expenses Deferred income 4,491 1,229 628 3,630 16,500 1,137 26.478 b.283 Page 15 coniinu£.d... Perdiswell Young Peoples Leisure Club Notes to the Financial Statements - continued for the Year Ended 31st December 2024 LEASING AGREEMENTS Minimum lease payments under r￿)n￿nCe7*ab1e operatir)g lea￿$ fall due as follow5.. 2024 Within one year 1,791 401 17. MOVEMENT IN FUNDS Net ovement in frjnds Transfers between ftjnds At1.1.24 11.12.24 Unrestrlcted funds General fund Operating fund Cyclical Maintenance RedLJndancy costs 354,370 180,750 122,500 60.000 122.7191 132,4151 55.415 299.236 236.165 122.500 42.000 18.0001 717,620 122,7191 5,000 699.901 Restricted funds Skate Paik Minibus Equipment 213.476 41.656 5,000 255.132 15.0001 214,519 4S,613 5,0001 255,132 TOTAL FUNDS 932.139 22,894 955,033 Net movement In funds. induded in the above a￿ as follow5= InG(xning resources Resources expended loveiiiF..nl In lunii Unrestricted funds General fund 259,655 1282.3741 (22,7191 Reslricted funds Skate Park Minibus Equipment Youth Inclusion Club5 Cotnmunity Aclivity Fund 95,620 5,000 153,9641 41.656 5,000 11.0431 11.0431 1109,3321 7,4501 109,332 7.450 217,402 171.789 45.613 TOTAL FUNDS 477.057 454,1631 22.894 Page 16 L1Jntin￿Ld. Perdiswell Young Peoples Leisure Club Notes to the Financial Statements - continued for the Year Ended 31st December 2024 17. MOVEMENT IN FUNDS-continued Comparatives for movement in funds Net movemenl in funds Transfers between funds Al 31.12.23 At1.1.23 Unre$trict¢d funds General fund OperatirvJ fund Cycli¢al maintenance Redundancy costs 389.909 161.500 144.500 60.0(KI (12.6831 122,8561 19,250 354.370 18n.750 122.500 60 000 122.0(Kll 755,909 {34.6831 13.6061 717.620 Restricted funds Skate Park Minibus Inclusion Worfd War 2 Equipment 221.215 2.835 17.7391 12.8351 16.5631 214476 6,563 2.9571 4.000 ', 043 228,050 17.1371 3,606 214.fJll TOTAL FUNDS 983.959 51,8201 93•.139 Comparative net movement in fund5. inclLEded in the above a￿ as foll¢)ws= IncL¥ning resources Resources expended Movement in fund- Unrèstrict8d funds General fun Cyclical mainienan 229.749 1242.4321 22.0001 ,6831 122 0001 229,749 {264,4321 134.6831 Restricted funds Skate Park Minibus Inclusion Worfd War 2 Activity Covid Recovery Fund Youth Inclusion Clubs Community Activity Fund 17,7391 12,8351 16,5631 11,5501 162.4671 2.0001 17.7".91 12.8351 16.5631 1,550 62.467 2,000 66,017 83.1541 TOTAL FUNDS 295,766 347,5861 Unrestricted General Fund This represents monies t8cèived without restiiction as to Iheir application. The lunds are utilised in the. yeniJl*]I running of the charity. Operating Fund This fund wes ¢reated to cover 6 months running costs ol the charity. The b31ance Is base(l on costs incurred InT 2024 plus inflation_ Cycllcal Malntenanee Thi5 fur)d is to cover any large rnaintenance costs and the ongoing maintenance that need5 to be carried out In ensure that the buildings are maintsined to 8 high standard. Redundancy Costs The purpose of this fund is to cover any payments for redundancg if the charity ceased to operate. Page 17 continued Perdiswell Young Peoples Leisure Club Notes to the Financtal Statemènts - continued for the Year Ended 31st December 2024 17. MOVEMENT IN FUNDS - continued Current Restricted Funds Skate Park Restricted grants and donations were ￿ceiVed between 2002 and 2005 towards the ¢onstruction ol IhL Skate Park facility. The balance is reduced for annual depfeciats.on costs. In addition, grants totalling £95,620 were re(EIVab￿ in the year, Io SUPPDrt activities ran at the Skate Park This includes £90.000 from The Nalional Lottery Community Fund, of which £40,000 was received In the year. and £50,000 is shown as accrued income, to recwved in future years.. the grant awarded covers a period 0127 onths from January 2024 to March 2026. Minibus Restricted grants of £5,000 were received in the year from Margaret Westwooxj MemDrial Charity loward5 the purchase of a seven-seater people carrier. which was spent during the ye8r. Equipment A restricted grant of £4.000 was received dunng 2022 from Margaret Wesiwood Memorial Charity. lo cover the ¢ost of a new cooker. The remaining bala￿e has been fully spent in the year. Youth Inclusion Clubs This restricted fund was created to support P8ople wrth disabilib'es. leaming difficulties. complex heallri nee(l% and challenging behavi¢xr by providing positsve activities. Various grants totalling £109.332 were rec*Sived duTing the year to cover salaries and actsvity materials, the fvll amount has been spent during the year. Community ActNity Fund This restricted fund was created to provide aclivib.es to the local coffimunity. Various gr2nis totalling t.7.4JD we received during the year to cover salaries and activity malenals. The full amount has been spent clurin(I the y?.ar. Prior Year Restricted Funds Inclusion World War 2 A grant of£9.900 was received in 2019 from the Nab"onal Heritage Lottery Fund trj commemorate the Anniversary of the beginning of Worfd War Two. Of this, £6.563 was repatd in 2023 as a result ol the Covid-19 restriclions preventing the completion of the project. Activity Covid Recovery Fund This restricted fund was created to suprx)rt the reopenirKJ and delivery of activrties following the impact on wellbeing and mental health. Various grants totalling £1.550 were received and had been fully spent by 2023. TRANSFERS BETWEEN FUNDS Thè foll0v￿n9 tsansfers have been made during the year.. - from the Minibus Fund to the General Fund1£5.0001 in respect of a fixed asset purchased, a people carrier. - from the General Fund lo the Operab'ng Fund1£55.4151 - from the Redundancy Costs Fund to the G&neTrl Fund1£18,0001 The trustees have agfeed to make the transfers lo adjust the balan￿S on the designated fund baldnces al 31 December 2024. 18. RELATED PARTY DISCLOSURES Trustee, Phil Weston. is trustee of several other charib"e5. During the year transacbons accruecj wilh Ikies charities are as follows Play Worcester Ifomierly Worcestèr Play Council) Grants of £5.42712023.' £12,0001 were received toward njnning young people's a¢livits"es. Worcester Musical Theatre Company Donations of £1.50612023'. £n¥ll wère received toward suppth.ng the Youth Inclusion Clubs. Claines Unitèd Charities Grants of £nil12023.. £3.7501 were received ioward running young people'5 activities. Page 18 conlinued... Perdiswell Young Peoples Leisure Club Notes to the Financial Statements - continued for the Year Ended 315t Decernber 2024 RELATED PARTY DISCLOSURES - Continued In addition 10 the above. some ch8rib.es that Phil Weston is a trustee of. have used the centTe for room l)Ire and facilities in the year. Total invoice5 to these charities totalled £15.548 12023.. £36.8771 and were chari",(!d al il norrnal hire rate for the centre. Page 19 Perdiswell Young Peoples Leisure Club Detailed Ststement of Financial Actrvities for the Year Ended 31st December 2024 2024 20?3 INCOME AND ENDOWMENTS Donations and logacies Donab'ons Donation grants 6.922 124,400 2,156 22.000 131,322 24,156 other trading activities Rents received 4.173 Investment income Bank interest received 16.398 8.138 Charitable activitles Setvi¢e grants Facilities hire Fa¢ililies & acbvtbes 93,677 90.512 140,975 J6.1)17 o.ra15 325.164 2119,472 Total iftcoming resources 477,057 295.766 EXPENDITURE Charitsble activities Wages Social security Pensions Purchases for resale Activity costs Training Insuran¢e Light and heat Cleanin9 Repairs and mainienance Printing postage & stab"onery Advertising Computer ¢osls Telephone Motor expens8S Gaiden expenses Professional fees Bank charges General expense Grants repaid Independent examination Membership fees Equiptnent leasing Depreciation - short leasehokl Depreciation -skate pad( Depreciation plani & machinery Depreciation vehicle Profit on disrK>sal of tangible fixed assets 217.046 8,745 3,372 31,722 42,6B6 1,190 14,121 23,496 4,803 13,266 5,865 98 1,227 2.090 12,278 1.207 335 1,028 1.926 152.014 6,985 2,650 2b.762 114 13.329 17,843 2,710 39,197 5,fi11 379 1.373 3.170 8.825 1.3BO 8.57 3,420 264 1.793 4.479 11,471 7,968 3,391 34.876 10.638 6.8b7 Total reSoUr￿S expended 454,163 347.586 Net incomèll8xpanditurel 22.894 51.8201 This page does not fonn part of the statulory financial statements Page 20