## **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST** ## **– 2023/24 Accounts Financial Report to Trustees** ## **– PAGE 3 RECEIPTS & PAYMENTS ACCOUNT** ## **RECEIPTS** Category for COVID-19 Grants receipts now removed. There is now a new category for income from the two Electric Vehicle Chargers which were installed in April 2023. ||**RECEIPTS**|**£**|| |---|---|---|---| ||Charges in respect of
current year|20761|No bad debts as all booking fees received within the
year.| ||Deposits in respect of
next year|4260|Booking deposits for 2024 received from 20 groups.
This is now the new highest figure ever held on deposit.| ||Donations|56|£56 from Heliya Badakshan.| ||Bank interest|281|Interest received increasing due to rises in Bank Rate.| ||EV Charges|70|New category to show receipts from the Electric Vehicle
Chargers| ||Other|0|£253 received in 2022 for extra cleaning and breakages| ||**TOTAL**|**2542**
**8**|| Page **1** of **4** ## **EXPENSES** During this year, work started on the refurbishment of the 1.5 Management Block and all this expense has been shown separately in a new category. The COVID-19 category is no longer needed so has been removed. ||**EXPENSES**|**£**|| |---|---|---|---| ||Insurance|833|Increased by 10.5%| ||Rates|211|Reduced by 38% following revaluation.| ||Water|1025|£811 - Bore Hole service
£214-Water sampling| ||Electricity|3720|Another large increase| ||Gas|195|Bottled gas only. No servicing charges| ||Fire extinguishers
and alarms|266|2 x service visits plus one replacement extinguisher
No alarms servicing| ||Repairs/renewals|11456|Includes renewed kitchen extractor and bedroom
flooring. See separate list on Page 3| ||1.5 Refurbishment|7267|£1411 - raising lintel
£2170 - kitchen units
£371 - water heater
£329 - plumbing
£2821 - electrical
£51 - radiator
£114-sundries| ||New equipment|3234|Installation of Electric Vehicle Chargers| ||Advertising/marketing|250|Subscription to ‘Independent Hostels’ website| ||Management
expenses|325|See separate list on Page 3| ||Laundry/cleaning|1040|£790 Contract cleaner
£72 Bulk cleaning liquids
£72 Flue clean
£106 Sundries| ||Bins/septic tank|855|Less than last year because no septic tank charge| ||Accountancy|470|To be paid in following year, therefore an accrual| ||Bank charges|60|Bank charges at £5 per month| ||**TOTAL**|**31207**|| Page **2** of **4** |**2023-24 REPAIRS & RENEWALS**|**2023-24 REPAIRS & RENEWALS**| |---|---| |**DESCRIPTION**|**£**| |Solar light|50| |Oven repairs and call-out fee|462| |Electric repairs|408| |Dehumidifier|299| |Courtyard table wood|179| |Water heater repairs|70| |Room 1 replacement window|689| |Faultyfridge upgrade charge|150| |Exterior waterproofing|278| |Kitchen ventilation renewal|4680| |Bedroom flooringrenewal|2692| |Replacement water boiler|421| |Sundries|1078| |**TOTAL**|**11456**| |**2023-24 MANAGEMENT EXPENSES**|**2023-24 MANAGEMENT EXPENSES**| |---|---| |**DESCRIPTION**|**£**| |Storage boxes|12| |Bottlejack|34| |LED Work light|20| |Emergencytravellingexpenses|25| |Logs|30| |Webhosting|45| |Domain name|8| |Telephone number|34| |Voicemail|33| |Sundries|84| |**TOTAL**|**325**| Page **3** of **4** ## **– PAGE 4 BALANCE SHEET** £466 Accrual shown in Current Liabilities is the accountancy fee known to be due in the 24/25 year. There is a £4 discrepancy because the 2023 charge was actually £444 but it only shows as a £440 accrual in the 22/23 accounts. I should have noticed and queried this discrepancy last year. This year's charge is £470 and thus is showing as a £466 accrual in these 23/24 accounts. I have questioned why the accountancy charge is being treated as an accrual, as my understanding of accruals is to account for when goods or services have been provided in one financial period but are not paid for until the next financial period. In our case, the accounting service provision and the payment are always in the same financial period so there should have been no need to show an accrual. The accountant has agreed this and now the accruals will be cleared in the 24/25 accounts and will not appear in the 25/26 accounts. As a result, the accountancy fees paid in the 24/25 year will not appear as an expense. Going forward, the accountancy charges will be put on a 'payments basis', meaning they will be classed as a normal expense. Barbara Clarkson Hon.Treasurer Blackburn & District Outdoor Pursuits Centre Trust 13/08/24 Page **4** of **4** ## **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST** ## **ACCOUNTS FOR THE YEAR ENDED** **31 JANUARY 2024** **PM+M SOLUTIONS FOR BUSINESS LLP Chartered Accountants Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB** **_________________________________________________________________________** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 1** ## **CONTENTS YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ||**Page**| |---|---| |Accountants’ Report|2| |Receipts and Payments Account|3| |Balance Sheet|4| |Declaration|5| **Page 2** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST** **ACCOUNTANTS’ REPORT YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ## **HONORARY ACCOUNTANTS’ REPORT TO BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST ON THE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2024** You have approved the accounts for the year ended 31 January 2024 set out on pages 3 to 4. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us. ## **PM+M Solutions for Business LLP** Chartered Accountants Greenbank Technology Park Challenge Way Blackburn BB1 5QB 28 March 2024 **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 3** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** |||**2024**||**2023**| |---|---|---|---|---| ||**£**|**£**|**£**|
**£**| |**RECEIPTS**||||| |Charges in respect of current year||20,761|
|16,288| |Deposits in respect of next year||4,260||2,630| |Donations received||56||58| |Bank interest received||281||55| |EV Charges||70||-| |Other||-||253| |||----------||----------| |||25,428|
|19,284| |**EXPENSES**||||| |Insurance|833||754|| |Rates|211||342|| |Water|1,025||1,573|| |Electricity|3,720||2,876|| |Gas|195||185|| |Service & maintenance of fire extinguisher/alarm system|
266||384|| |Repairs and renewals|11,456||5,192|| |Refurbishment (1.5 – Management block)|7,267||-|| |New equipment|3,234||-|| |Advertising/marketing|250||250|| |Management expenses|325||1,207|| |Laundry and Cleaning|1,040||1,228|| |Emptying bins and septic tank|855||958|| |Accountancy|470||440|| |Bank charges|60||78|| ||----------||----------|| |||31,207||15,467| |||----------||----------| |**EXCESS OF RECEIPTS/(PAYMENTS)**||**(5,779)**||**3,817**| |||======||======| **__________________________________________________________________________ BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 4** ## **BALANCE SHEET YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |**CURRENT ASSETS**||| |Cash at bank – CAF Gold Account|10,287|16,040| |Prepayments|-|-| ||______|______| ||10,287|16,040| |**CURRENT LIABILITIES**||| |Accruals|466|440| ||----------|----------| |**NET ASSETS**|9,821|15,600| ||=====|======| |**CAPITAL EMPLOYED**||| |At 1 February 2023|15,600|11,783| |Surplus/(Deficit) for the year|(5,779)|3,817| ||-----------|----------| |**At 31 January 2024**|9,821|15,600| ||======|=======| **__________________________________________________________________________** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 5** ## **DECLARATION** **YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ## **DECLARATION** I approve these accounts and confirm that I have made available all relevant records and information for their preparation. Signed: B M Clarkson Date: ## **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST** ## **ACCOUNTS FOR THE YEAR ENDED** **31 JANUARY 2024** **PM+M SOLUTIONS FOR BUSINESS LLP Chartered Accountants Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB** **_________________________________________________________________________** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 1** ## **CONTENTS YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ||**Page**| |---|---| |Accountants’ Report|2| |Receipts and Payments Account|3| |Balance Sheet|4| |Declaration|5| **Page 2** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST** **ACCOUNTANTS’ REPORT YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ## **HONORARY ACCOUNTANTS’ REPORT TO BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST ON THE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2024** You have approved the accounts for the year ended 31 January 2024 set out on pages 3 to 4. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us. ## **PM+M Solutions for Business LLP** Chartered Accountants Greenbank Technology Park Challenge Way Blackburn BB1 5QB 28 March 2024 **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 3** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** |||**2024**||**2023**| |---|---|---|---|---| ||**£**|**£**|**£**|
**£**| |**RECEIPTS**||||| |Charges in respect of current year||20,761|
|16,288| |Deposits in respect of next year||4,260||2,630| |Donations received||56||58| |Bank interest received||281||55| |EV Charges||70||-| |Other||-||253| |||----------||----------| |||25,428|
|19,284| |**EXPENSES**||||| |Insurance|833||754|| |Rates|211||342|| |Water|1,025||1,573|| |Electricity|3,720||2,876|| |Gas|195||185|| |Service & maintenance of fire extinguisher/alarm system|
266||384|| |Repairs and renewals|11,456||5,192|| |Refurbishment (1.5 – Management block)|7,267||-|| |New equipment|3,234||-|| |Advertising/marketing|250||250|| |Management expenses|325||1,207|| |Laundry and Cleaning|1,040||1,228|| |Emptying bins and septic tank|855||958|| |Accountancy|470||440|| |Bank charges|60||78|| ||----------||----------|| |||31,207||15,467| |||----------||----------| |**EXCESS OF RECEIPTS/(PAYMENTS)**||**(5,779)**||**3,817**| |||======||======| **__________________________________________________________________________ BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 4** ## **BALANCE SHEET YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |**CURRENT ASSETS**||| |Cash at bank – CAF Gold Account|10,287|16,040| |Prepayments|-|-| ||______|______| ||10,287|16,040| |**CURRENT LIABILITIES**||| |Accruals|466|440| ||----------|----------| |**NET ASSETS**|9,821|15,600| ||=====|======| |**CAPITAL EMPLOYED**||| |At 1 February 2023|15,600|11,783| |Surplus/(Deficit) for the year|(5,779)|3,817| ||-----------|----------| |**At 31 January 2024**|9,821|15,600| ||======|=======| **__________________________________________________________________________** **BLACKBURN & DISTRICT OUTDOOR PURSUITS CENTRE TRUST Page 5** ## **DECLARATION** **YEAR ENDED 31 JANUARY 2024** **__________________________________________________________________________** ## **DECLARATION** I approve these accounts and confirm that I have made available all relevant records and information for their preparation. Signed: B M Clarkson Date: