Charlty reglstratlon number 520853
MURTON RECREATIONAL CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

MURTON RECREATIONAL CHARITY
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr8 H Napler
Mr G Maitland
Mrs J MaillaThJ
Mrs L Riley
MrANapier
Mr R Adco(*-Forster
Mr P Penman
Mr M Grogan
Mr S Robson
MIS EA co￿eY
Mr K Dixon
Mts M Rafferty
L GrTrJan
Mrs E Miller
Mr K LoNJstaff
Charity number
Buslnèss address
Glebe Centre
Dwham Place
Murton
Seaham
Co Durham
SR7 9BX
Audiior
Inspire Cowrylian(% Limited
6 Queens Court North
Third Avenue
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 OBU
Bankers
Bardays Bank PIC

MURTON RECREATIONAL CHARITY
CONTENTS
Page
Trust88s' report
statement of trustees. respo￿bIlItIeS
Independent auditors report
statement ol financial adivitses
statement of financlal posltbn
Notes to the financial ststements
10-15

MURTON RECREATIONAL CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Tru¥te88 present their annual report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in accordan￿ with th6 accounting pc4icies sel out in note lo the accounts and
comply ￿th Ihe charivs gov6mlng document. the Charlties Act 2011 and 'Acr￿nting and R8POrting by
Charllles: Statement of Recommended Practice applicable to charities preparing their accounls in accordance
with th8 Flnancial Reporting Slandard applicable In the UK and Republ￿ of Ireland (FRS 102). {as amended for
acCoun￿ng perl(Kls commenang from 1 January 2016)
Name, reglstered offlce and constttutlon of the charlty
The full name of the charity is Murton Recrealional Charity. The legal registration detaus are:_
Date of Incorporation..
20 January 1986
Charity R8gistration Number. 520853
Registered Office:
The Glebe Centr8, Murlon. Seaham. Co. Durt￿rn SR7 9BX
Telephone number:
+4410)191520 8650
Objectlvos and a¢tlvllles
The oblecl of the Charity is the prow5ion and maintenanc8 of a communty I Soc￿1 centre, sports pavlllon and
recreation ground for tha use of the Inhabltants of Ihe Parish of Murton arKI the nelghbouthood Ihereof without
distlnctkjn of polltical, religious or other opinions, including use for meetings. lectures and classes, and for olher
forms of recrgation and I￿sUre-llMe ￿¢Up8￿on, wllh the obled of Improvlng the conthtions of well being for th
said Inhabitants.
The Truste88 hav8 paid due regard to 9￿dan￿ Issued by the Chority Commission in d8ciding what activiti8s tha
charity should undertake.
To meet the obje¢Uves In 2023- 2024, the follovAng acuvitles. Isted bthw.
Regular weekly I monlhty twkings
Gymnasium and Cardifrvascular equipment exercises. induding GP referrals.
Various sports coaching for youngsters
Adult football and ￿ICket
Junior football and crid(8t
Carpet bowls
Chi14r8n's multi-sports sessiorts.
Weight management se&8lons.
Cycling Club.
Walking group sesslons.
Karale lessons.
Tai Chi.
Mother & Toddler Crè(*e S￿sSIOnS (Dalty)
Herilage Society
Dog tr￿nfftg sessk)ns
The f2clliUes and seNces that Ihe centre can provkle have proved lo be a popular choice with local and n68rby
residents. whlth has led to a return to the use for wedding. christening and funeral re￿ptions. (*ildren's blrthday
parties, etc.

MURTON RECREATIONAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Aehlevements and perforniancè
The board of Truslees are satisfied wth the perfornance of the charity however Covmj restrictions changed the
landscape of the business in relation to corporate meetings I tralning events, and consider that the charity Is In a
good position at 31 March 2023 lo continue its activibes during the forlhcomlng year. and that the chariws assets
are adequate to full flll its present obligations.
The operatlonal and financial performance is monitor8d and disujssed in structured monlhty meetings.
The trustees have ref8rred to th8 guidance contained in the Charity Commission's general guidance on publiG
benefit when reviewirbg our aims and objectives to enable us to plan our fjjture activities. In particular, the
Ttwslees consider how planned adivities will enhan￿ and contribute to the aims and objedive they havg set.
Flnanclal rovlew
11 Is the policy of the charity that unrestrlctod funds whlch have not been de￿gnated for a speciftc use should be
maintalned 8t a level equivalent to be￿een one and three monlh'8 expenditure. The Trustee8 considers thal
reserves al this level wll ensure that, in Ihe event of a slgnificanl drop in funding, they will be able to continue the
charily's current activitles while consklet81ion 1$ glven to ways in ￿1¢h addrflonal funds may be rais8d.
As required by our Flnanclal Regulatron& quarterty financral statements were prosented to the General
Management Committee and a full copy of th8 Auditors Report was produced for each trustee.
The manager of the charity resign8d from th8 Post in July 2022 and was employ8d on a contracted salary of
£28.000 per annum. Following the resignation temFx)rary arrarvJements were pul in place for current membars of
staff lo wver parts of the role, howeverTrustees decided Ihal the the charity needed an overall manager to cover
811 aspects of the operadon of Ihe centre. Unforlun8tely, due to the financlal restrfcdons of the charfty the cost of
employlng a new manager was not financially feasible, thgrefore it was agreed by Trustees and members of Ihe
Parish Counal, that the Clerk would cover thls role. The conlracled hours of Ihe Clark were Increase from
30hours to 37hours to embrace Iho role. The Parish Council agreed to wnlinue its finanrially support of the
Associalion wtth the annual grant and also cover the addiltonal salary costs of the Ckrk. As a resum Murlon
Welfare Association will See a reductlon of approxlmately £28. (KJO per annum on $8lary costs.
Publlc Benefii
Th8 Trustees have had regard to the Charily Commission guidanr* ￿ their legal duty on publlc I￿nefiL and are
sallsfled that the Charity delivers worthwhi18 public benefil. Du8 regard is pavj to the guidance on public benefit
when deciding on what new yole¢is the Charity should undertake.
Rlsk Assèssment
The Trustees has ass8ssed the major risks to ￿lch the charity exposod. and ar8 satisfied that systems are in
placo to miligate exposure to the major risks.
The General Managernent Committee adopted a Risk Assessment Pdicy Sulxniited by th8 S￿retary in March
2001, and this document has subjected to an annual review since that date.
The obj8Ct of Ihe Charlty Is the prO￿$10n and maintenance of a communlty180dal centre. $p(xis pavilion and
re¢reatlon ground for the use of the inhabitants of the Parish of Murton and the neighbouthood thereof withoul
i$tindion of polttJ(xl, relkJlous or olher opinions, Including use for meetings, lectures and classes. and for other
forms of recreation and leisure-time oc(aJpation, wth the object of improving the conditions of well being for the
sald Inhabitants.
stNGbJr•, governance and management

MURTON RECREATIONAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Chaiity's Constitution is contained in a goveming document. known as a Scheme. whic* was seale(l on 20th
January 1986. The Secretary oflhe Charity holds a copy of ihis document ￿ file.
The head of the organisation Is the Chalmian of the Assoclation. This posttion is 5UPPOrted by the follovAng.' -
- S8(¥etary of the Associauon - who Is Ihe Chlef Offlcer and Is responsible for an Administrative unit; a Servl(xs
Unit. This offlcer Is aL80 the Company Secretary of our subsidiary organisatlon. Glebe Cenlre Enterprises Lld.
Which entaiL8 responsibility for confer@n￿ Rooms. as well as a Bar and Catering Unit
- General Commlltee- (x)mprislng all 15 representative Tnjstees and an Executive Commlttee of 6 Trusteos,
which include the Chairm8n ar¥J Tr8asur8r.
- Atotal of 2 fv11-time and 3 part-tlrne staff are lolnty employed on the actlviues of both the Charity and Tts
subsidiary Company.
The Charity is not part of a wider network.
Tho Trustees who served during tho year were:
Mrs H Napier
Mr G Mailland
Mrs J Mailland
Mrs L Riley
Mr A Napler
Mr R Adox)ck-Fornter
Mr P Penman
Mr M Grogan
Mr S Robson
Mrs E A Cowley
Mr K Dixon
Mrs M Raffety
L Grogan
Mrs E Miller
Mr K Longstaff
Non8 ofthe Trustee5 ha$ any benefi¢lal interest in the wmpany. AM of the Trustees are members of tho company
and guarantee to CAMlribute £1 in the event of a winding up.
Auditor
In accordance wlth Ihe companvs artlcl8s, a resolutton proposlng that Insplre crxnp11an￿ Limiled be
reappolnted as auditor of the company will be put at a General M8eting.
The tru5tees' report was approved by th8 Board of Trustegs.
Mr P Pgnrnan
Truslee

MURTON RECREATIONAL CHARrrY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
Tho Trustees are respmsible for prepariw the Trl￿teeS. Report and tho financi81 statements In accordance wlth
applicabk8 law and Untted Kingdom Accounliro Standard8 {United Kingd(Kn G8neralty Accepted Acca)ur)tlng
Pracllcel.
The law applIcaL￿e lo charfties in England and Wa￿S requiros the Tnjstees to wepare flnanclal statements for each
financial year which giv8 a true and fair view of th& state of affairs of lh8 charity and of the incoming resources and
application of resources of the charfty for that year.
In preparlng these financlal slatmnts. Ihe Trustees are required to:
- select suitable accountlrvj polic￿ and then apply them conslstenty.
- obsarve the methC￿S and principles in the Charitles SORP:
- make judgements 8nd estimates that are reasonable and wudent:
- stste whether applicabb accounting standards have been followed. subj￿1 to any material depathjres dlscb)sed
and explained in the financial slalements,. and
- prepare tho financkgl statements on the g￿n9 concem basis unkn It Is inappropriate to presuma Ihal the charity
will continue in operation.
The Trustses are ￿$￿nSible for keeping sufficient accounting records that disclose with Teasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial 5talemenls comply with the
Chartties Act 2011. the Charity {A￿O￿nts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the asset8 of the ¢har5ty and hence for taking reasonable sleps the
prevention and detedion of fraud and other irregularities.

MURTON RECREATIONAL CHARITY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF kqURTON RECREATIONAL CHARITY
Oplnlon
We have audlted the flnanclal statements of Murton Recreational Charity {the 'charlV) for the year ended 31 Marth
2024 which Gomprise the statement ol financial aclivilies, the statement of financial wsition and noles to the
financial statements, including wgnificant a¢countirvJ policies. The financial reporling framework thal has been
applied in their preparalion is applicable kw and United Kingdom Accounting Standards, Includlng Financial
R8POrtlng Standard 102 The Financial Reporting Standanl 8ppIK8ble In th8 UK and Republic of Ireland (Unlted
Kingdom Generally Accept￿ Accounting PraGliGe).
In our opinlon, the flnancial statements:
glve 8 true and fair view of the state of the cha￿ty.5 affalrs as at 31 March 2024 and of its incoming resources
and application of resources. for the year then 8nd8d;
have been pr￿rty prepar&J in ac￿rdanCe ￿th Unitsd Kuigdom Generally A￿￿pted AGLxunting Practlce:
and
have been Prepared in accordance with the requireffEnts of Ihe Charities Act 2011.
Basls for oplnlon
We conducted our audlt In ac(J)rdance wlth Intemaflonal Standards on Auditsng (UK) IISAS (UK?) and applicable
law. Our responsibilities under those standards are further desGribe(J in the Auditorfs ￿SpOnsIbl11t1eS for the 8udlt of
the finanoal statements sectlon of our report. We are Independent of the charity in 8ccx)rd8nce wllh the ethical
requirements that are relevant io ryjr audit of the financi81 slatetnenls in the UK, including the FRC'S Eihlcal
Standard, and we have fuffllled our othor ethleAI resp¢￿sibIlitieS in accordance with these requirements. We believe
that Ihe audit evidence we have obtained is sufficient and appropriate to pmvlde a basls for our opinion.
Concluslons relatlng lo going concern
In audillng the flnancial slatements, we have concluded Ihat the trustees. use of the golng coneLrn basis of
aC￿untIng in the preparation of the financtal statemenis is apprc¥Jiiate.
Based on the work we have perforrned, WB hav8 nol identified any maierlal UncertaIn￿eS relatlng to events or
condl￿on$ that, Indlvldually or collectivety, may casl s1gnifi￿nt doubt on the charity's abiliiy lo continue as a golng
concem for a period of at least twelve months from when the financial statements are authO￿Sed for issue.
Our responsibilit￿S and the responsibilities of th8 TNstees wlth respect to golng concem are d8scrib8d In the
relgvant sections of this reporl.
Other Infomiatlon
The other infomiation (x)mprises thg information includgd in Ihe annual repc*t other Ihan the financial stat&menl8
and our audilorfs report thereon. The Trustses are responsibl8 th8 olher infLThation contained wilhln the annual
report. Our opinlon on the financial statements does not cover the other Informallon and we do not express any fomi
of assurance Conclusic￿ th8reon. Our rgstNJnsibility is to r8ad the other information and. in doing so, CDn81der
whether the other informatlon is materially inwslstent with the financial statements or our knowledge obtained in
the o)urse of the audit. or otherwise app8ars to be materially misstated. If we identify such material inconsisl8ncies
or apparent material rnisstatemenls, we are required to detemiine whefher this gives rise to a material ￿lsstateMent
In the financial statements theMSe￿8S. If, based on the work we have perf0rft￿d. we Cy)￿Ude that there Is a
material rn18sial8ment of this other infoTmation. w6 are requi￿1 to rewrt that fact.
We hav9 nothiro to report in this regard.
Matters on whlch we are requlred lo report by exceptlon
We have nothing to report in respect of the following matters in relation to whTrth the Charftles (Accounts and
Reporlsl Regulations 2008 require us to report to you rf. in our qinion..
the infomiation given in the financial statements is inconsistent In any matsrial respeGt with the trustees,
report. or
sufficient accounting r8cords have not been kept,. or
the finanual statements are not in agreement with th8 accounting records; or
we have not recelved dl tha information and explanalions we require for our audit.

MURTON RECREATIONAL CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MURTON RECREATIONAL CHARITY
Rg¥ponsibilities of Trustees
As explained more fulty In the statsment of trustees. responslbilities. Ihe Trustees are responslble for the
preparation of the financial statements and for being satssfied that they glve a true and fair view, and for such
Intemal control as the Trustees determine Is ne￿SSary lo enab18 th8 preparation of finandal slatements that are
free from material misslatemgnt, whelher due lo fraud or error. In preparing the financial statements, Ihe Trus188S
are responslble for asses81ng the charity's ability lo (x)ntinue as a going concem, disdosing, as applicable, matter8
related to going con￿￿ and using the going ox$n￿M basis of arxxiunung unless the Trustees eith&r Intend to cease
operatk)ns. or hav8 no reali8tlC allernalve but to do so.
Audito¢s responslblllttes for the audlt of Ihtr financial statements
We have been appointed as auditor under section 144 of the Chadties Act 2011 and report In accordanG8 Wth the
Act and relevant regulalon8 made or havlng effect thereunder.
Our objecth'ves are to obtain reasona1￿8 assurance about 4thether Ihe fin8ncial statements as a who18 are free from
material misstatemenl, whether due lo fraud or error. and to issue an auditorfs report that includes our opinion.
Reasonable assuran¢e is a high level of assurance iKtl is not a guaraniee that an audit conducted in acco￿anG&
with ISAS {UK} wlll always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered maledal If, Indlvldually or in the aggregate. they o)uld reasonably be gxpected to influence
the economic deusions of users taken on the basis of these finan￿al statements.
The extent to ￿leh our procedures are cwble of detectlThJ l￿egUl8rftleS, inC￿ding fraud. Is d8tailed below.
Our approach to idenlifying and assessing the risks of material misstatem&nt in resFrfi of irngularitles, knduding
fraud and non-compliance with laws and regulations, was as foll
The engagement partner ensured that the engwJement team collectNety had the approprlalÉ competence.
eapabllilèg 2nd gkllls to Idontfy or rècogni5e non-complianca vAth appli¢ablo laws and rggulations.
We identified the laws and regulalions applicable to the company through dlscusslon8 wllh truste85 and our
management:
We assessed tha extent of complianc* b*ith laws and regukt1Lx￿ identified above through making enquiries
of management and Inspecting legal ¢(Yrespondence;
Identified laws and regulations were (x)mmunlcated wit￿n the audit team regularly and the team remained
a￿rt lo instance5 of non-Gomplanc8 throughout th8 aud￿.
We 855essed the su8cepllblllty of the chartys financial statemenis to material misstatement, including obtainhg an
understanding of how fiaud might (￿r. by.
Making enquiries of management as to where Ihey considered there was susceplibillty to fraud, their
knowledge of actu￿, suspected and alleged frnud.,
ConslderirvJ the Internal controls in place to mitigate risks of fraud and rN)n4ompllance with laws and
regulations. and
UndeTrtanding the deslgn of the tharit￿S remuneraiion policies.
To add￿$5 the rlsk of fraud through management bia5 and override of iy)ntrols. we:
Performed analytical procedures to Id￿tify any unusu81 or unexfxcted r8lattonships',
Tested joumal entries to identify unusual transactions.
Assessed whether judgements and assumptions mad8 in detemiining a¢c>)untiThJ esllmales were Indlcative
of potential blas. and
Invesligated the rationale b8hind signiftant or unusual transaclions.

MURTON RECREATIONAL CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MURTON RECREATIONAL CHARITY
In response to the risk of irregularities and non-compliance wth laws and regulations, we designed procedures
which included. bul were not limited to=
Agreeing financial statement disdosures to undertying supporting documentation;
Reading the minules of meetings of those charged with govemance-
Enquiring of management as to actual and potential litigation and claims., and
Reviewing correspondence with HMRC. relevant regulators and the CoMpan￿S legal advisors.
There are inherent limitations in our audil procedures descrtbed above. The more removed that laws and
regulabons are from financial transacD"ons. the less likely it is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required to identify non-compliance with laws and regUlat￿on$ to
enquiry of the trustees and olher management and the inspection of ￿gUlatOry and legal correspondence, if any.
Material rnisstatemenls that arise due to fraud can be harder to detect than those that arise from emr as they may
involve deliberate GollGealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https'.11
v4v4w.fre.org.uklauditorsresponsibilities. This dgscription fomis part of our auditofs report.
Use of our report
This report is made solely to the charity's tmstees. as a body. in aeeordance with part 4 of tho Charitiag {Accounts
and Reports) Regulations 2008. Our audil work has been undertaken so that we might state to the charity's trustees
those matters we are required to state to them in an auditorfs report and for no other pvrpose. To Iliv full¢bl vxlenl
permitted by law. we do not accept or assume responsibility to anyone olher than the charity and the charity's
trustees as a body, for our au(Jrt worK, for this report. or lor the opinions we have tonned.
Richard Tait
FP ACA FCCA {SenioT Statutory Auditor)
for and on behalf of Inspire Compllance Limlted
Chartered Accountants
Statutory Audltor
6 Queens Court North
Third Avenue
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 OBU
Inspire Compliance Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as audrtor of a company unrjer sects.on 1212 of the Companies Act 2006.

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AIARCH 2024
Unrestrlcted Restrlcted
funds
funds
2024
2024
Total Unrestrlctod Restrlcted
funds
funds
2023
2023
Total
2024
2023
Noles
Income and endowments from:
vitos
Voluntary Income
Activitles for generating
fijnds
89.199
89.199
111.159
111,159
21,139
21.139
23,218
23,218
Investments
other income
1.094
1,094
208
1.920
Totsl Income
111,432
111.432
136.505
136,505
Experbditure on:
Charftable aGtiwtles
125.112
69.427
194.539
113,531
70.145
183,676
Totsl expendlture
125,112
69,427
194,539
113.531
70.145
183,676
Net gainsloosses) on
Investmenls
(13.450)
(13,450)
Net expenditure and
movement In funds
{13,680) (82.8TTI
(96.5571
22.974
(70,145) 147,171)
Reconcilialion of funds:
Fund balances at 1 April 2023
71.621 1.154.173 1.225.794
48,647 1,224.318 1,272,965
Fund balaneès at 31 March
2024
57,941 I.071.2￿ 1.129.237
71.621 1,154,173 1,225.794
The statement of financial activilie5 Includes all gains and losses recognised In the year. Al Income and expendlture
derive from (*)ntlnuing actbvitles.

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2024
2024
2023
Notès
Fixed assets
Tangible assets
Inveslments
10
11
984,986
27.500
1,027,758
40,950
992,486
1.068.708
Currenl assets
Debtors
Cash at bank and In hand
12
62.521
89.983
58.738
107.633
152,504
166,371
Credltors: amounts falling duo withi
one year
13
(15.753)
19.285)
Net current assets
136.751
157,086
Total assets less Gurront lobllltles
1,129,237
1,225,794
Tho funds of the charity
Restricted income funds
Unreslricted funds
15
16
1,071,296
57.941
1,154,173
71,621
1,129,237
1,225,794
The flnandal statements were appro￿1 by the Twstees on .
lil !.{ IILV.
Mr P Penman
Trust

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024
Income from charitable a¢tlvltles
Unrestrlcted
funds
2024
Unrgstricted
funds
2023
Voluntary Income
Sa18 of goods
SeNiGes provided under contract
Sal88 of services by benefi￿a￿e¥
72.000
1,450
15,749
72,000
3.327
35,B32
Actfvitles for generatlng funds
Performance relaled grdnls
Ancillary trading in¢om8
5.544
15,595
9,959
13.259
110,338
134,377
Incom8 from Investments
Unrestricted UnrestriGtgd
funds
funds
2024
2023
Interest receivable
208
Other incomo
UnrestTiGtsd Unrestricted
funds
funds
2024
2023
other Income
1,920
Support CQ5ts allocatod to activlties
2024
2023
Govemance costs
53,233
57.897
Anatysed between:
Charitable aclivites
53,233
57,897
10-

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT31 MARCH 2024
Net movement In furKIs
2024
2023
The n8t Tnovement in fund$ 18 Stated after cha￿ing1(¢redrLing).
Fees payable for the audit of the charitys fin8nual ststements
Depre￿ation ol owned tangible fixed assets
3,220
69,427
3,065
70,145
Charitable actlvltles
Charitable Charltable
Expendlture Exp9nditure
2024
2023
Depreciation and impaiment
Rale$ & Water
Insurance
H8al. light & FM)wer
Repairs & malntenan
Postage & stationery
Telephone
Establishm8nt- other
Bank charges
69,427
5,929
9,323
40.201
8.138
30
1.634
6.274
350
70,145
6,582
8,248
24,743
11,028
1,531
3,264
238
141.306
125.779
Share of governance o)sts (see note 4)
53233
57.897
194.539
183.676
Analysls by fund
Unrestricted funds
ReslriGt&d funds
125,112
69,427
113,531
70,145
194,539
183,676
Forthe ygarended 31 March 2023
Unrestrtcled funds
ReStr￿ted fund5
113,531
70,145
183,676
T￿slee3
Nono of tho Trust88s (or any persons L¥)nnected wilh them> receNed any remuneration or benefits from the
Gharlty during the year (2023- None).
11

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
ASAT31 MARCH 2024
Ernployees
The average monthly number of employees durfng the year wa
2024
Numbor
2023
Number
Employment costs
2024
2D23
Wages and salaries
Social security costs
Other penslon c4)sts
40.593
2.486
4,524
46,196
2.740
3,596
47,603
52,532
The above number of empk)yees In¢hJdes those staff caryng wt work for Glebe Centre Enterprises Ltd.
There were no employees whose annual refflUnerat￿ was mote Ihan £60,(XY).
Taxatlon
The charity is exempt from taxatlon on Its activities because al its income Is applied for charitab￿ purEY)ses.
10 Tangible fixed assets
Freel￿1￿ land Hxtures tnd
and bulkllng5
frttiThas
Total
Cost
At 1 Aprll 2023
Addiknons
1,956,671
310.010 2,266,681
6,655
At 31 March 2024
1,956,671
316,665 2,273,336
Depreciation and impairment
Al 1 April 2023
Deprefiation charg8d In the year
993,768
58.700
245.155
10,727
1,238,923
69.427
At 31 March 2024
1.052,468
255.882 1,308.350
Carrying amount
At 31 MarGh 2024
904,203
60,783
964.986
At 31 March 2023
962,903
64.855 1,027,758
12-

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
ASAT 31 MARCH 2024
11 Fixed asset investments
Unllsted
invgslments
ost or valuation
At 1 Aprfl 2023 & 31 March 2024
4Q,950
Impalrmont
At 1 April 2023
Impairmgnt losses
13,450
At 31 March 2024
13,450
Canying amount
At 31 Mar¢h 2024
27,500
At 31 March 2023
40.950
12 Doblors
2024
2023
Amounts falllng duo wlthln one year.
Trade debtors
other debtors
Prepayments and accrued income
1.750
55,031
1,957
60,612
1,909
62,521
58,736
13 Credltors: amounts falllng due wlthln one year
2024
2023
Other taxatlon and soclal security
Trade Creditors
Other creditors
AGcruals and deferred income
1.074
198
62
7,951
3.135
11,255
15,753
9,285
14 Rgtirement benefit schemes
2024
2023
Deflned contrlbullon schemes
Charge lo profi£ or loss in respect of defined contribution schemes
4,524
3.596
The charity operates a defined conlrlbution pension scheme fcf all qualityng empk)yees. The assets of the
schem8 arg tr￿ld s8paralely from tFx)se of Ihe tharity in an irK18P9ndently administered fund.
13-

MURTON RECREATIONAL CHARITY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
ASAT31 MARCH 2024
15 Restrlcted funds
The r&Str￿ed funds of the charity cornprise Ihe unexpended balances of thJnath)ns and grants h81d on trusl
subject to speclflc conditions by donors as to how they may be used.
At 1 April R¢sourG8s
21123
expended
Gains and At 31 March
losses
2024
1.154.173
(69,427)
(13,450)
1,071.296
Prevlous year:
At 1 April Resources
2022
pendéd
Gains and At 31 March
losses
2023
1224.318
(70.145)
1,154,173
Purpos• of r8Strlcted funds
Welfaro Modèmisatlon Project
The project was to rrKJdernise Ihe WeWar& bulklirvJ in Murton. The Iru8tees con8lantly look lo maintain and
improve the buikling and ils facilities. This represents the total extefflally financed usin9 restricted fund8.
A transfer Is made each year to unre5tiiGted funds whith equates to the fwre charged for depreiaalion in the
SOFA, on these assets.
J M¢Glnn
The estate of J McGinn glfted paintings by the artist to the Murton Welfare Asso¢iatlDn.
Multl Purpose Community Sports Faclllty
The fund has been estsblish8d to build a new community facilty to replac8 the old Gricket pavilion,
Youth Sholter
Th8 fund was set up to redevelop the fomer tennis (xxjrt paviSlon in the park for the young people in the
village. gi￿ng them a safe place to socialise byith friends and partkipate in positNe activities.
Regeneratlon Proi8¢t
Funding was obtained from Durham County Council Area AG￿n Partnership sCheT￿ and the Govemmenvs
Jobs for the Future Fund to promote use of the new bulkllng arKI to Identlfy groups and organisations seeklng
the use of such facllttles.
16 Unrestricted funds
The unrestrlcted funds of the charity comprise the unexpended balances of donations and grants which are
nol subjeGt to speLific conditions by donor5 and grantors as to how they may b8 usod. These includ8
deslgn8ted funds whlch have been set aside out of unrestricted fvnds by the ts￿sleeS for specific purposes.
At 1 Aprll
2023
InGomlng
resources
Rgsourrg5 At 31 MarGh
expended
2024
General funds
71.621
111,432
(125,112}
57,941
14-

MURTON RECREATIONAL CHARrrY
STATEMENT OF FINANCIAL POSITION (CONTINUED)
ASAT31 MARCH 2024
18 Unrestrlcted funds
lcontlnued)
Provlous year:
At 1 Aprll
Incomlng Resourc85 At 31 March
2022 resources
expended
2023
General fur¥Js
48.647
136,505
{113,531)
71,621
17 Analysls of net assets bètween funds
Unrestri¢ted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(Ilabllltles)
964,986
26,SCK)
79,810
964,986
27,500
136,751
56,941
57.941
1.071.2
1,129,237
Unrestrictod
funds
2023
Restrfcted
funds
2023
Total
2023
Al 31 March 2023:
TarKJible assets
Investments
Current assetsl(Ilablllties)
1,027.758
39,950
86,465
1,027.758
40,950
157.D86
70,621
71,621
1,154.173
1,225,794
18 Unrestrl¢ted funds
It is the policy of the Charity to maintain unrestricled funds. which are free reserves of the Charity. at a level
whlch equates to appr0￿MatelY Ihree months of ￿n￿stricted expenditure. This proves sufficient funds to cover
management and administralron support costs.
19 Related party trdnsacllons
Th8 charity owns all of the issued share (wltal of the r£fflpany Glebe &ntse Ent8rprises Limited (the
company). All of the actwib8s undgrtak8n by this ￿MpanY take place in the Murton Re￿eatIonal Charity's (the
Ch8rtty) premises. The Glebe Centre or the MulEi-Purwse Community Sports Faolily. Glee Centre Enterpriges
Ltd pays various costs towards the repair and upkeep of the establishmenl and Its fixtures, fittings and
equlpment and also meets part of the wages cosis of Ihe Charity via Gift Aid. Your attention Is drawn to the
inter company loan account included in debtors which reflects the monles advan(Ed to the Company to allow
it to trade. The balance ovlng to the Charily as at 31 March 2024 is £60.265 (2023.. £53.658). The loan is
repayable on demand and there is no Interest djarged.
15-