Charity Number 521121 Gregson Green Trustees, Report and Financial Statements Year Ended 31 March 2025 Gregson Green C¢)ntents Page Trustees. Report Accountants Rewrt Statement of Financial Activrties Balance Sheet Notes to the Financial statements Gregson Green Trust••s' Report For th• y•ar ended 31 M•rch 1025 The Trustees present their annual report tO8ether with the flnanclal statements of Gregson Green for the year ended 31 March 2024. The Trustees confirm that the annual report and financial statements complywith current statutory requlrements •nd the provls•ons of the Statement of Recommended Practice (SORP) "Accounting and Reportlnl by Charities- Issued In March 2005. Strurture, Govern•nce and M•nqement Gre8x)n Green is • tharlty, wlth charlty re8istration number 521121. Alms and Objertlves The aims of the charlty can be split into two distinct areas: The continued fundln& operation and maintenance of the current communlty centre and sports facilltle5 at Gregson Green Fundraisin8 to enable the on801￿ building and Improvement of the new communlty ￿ntre and associated sports fadlities for the benefit of the community. accour Gregson Green Accountants Report to the Tvuste•s ol Gr•yon Grun 58.17 ( In accordan￿ with instruction5 received I have compiled the flnanclal Infomatlon of the organisation which comprises the Balance Sheet as at 31 March 2025, the Income and Expenditure Account and Notes to the Accounts for the year then ended from the accountin8 records and information and explanations provided. The financial infomation has been compiled on the accounting basis set out in Note I to the financial information. Andrew Robinson Chartered Accountant Gregson Green Hn•ncl•l Actlvltkn and Income and Expendlture A(C￿Trt For th• ye•r end•d 31 M•rch 2024 Unrestrlcted Runnln8 Costs 2025 Re5trltted Fund- Ra15ing 2025 Unrestrlrted Restrfrted Runnin8 Fund- Costs ralslng 2024 2024 Total Total 2025 20Z4 Incom• Donatlons Grants Events Rents Bar Interest 3.100 4.042 7.142 2,435 iO,(XK) 9,254 11.689 150.iM> 160.OCK) 1.979 1.979 5.124 3.599 IA126 3,067 18,300 8,630 4.749 7.816 18.3(Ki 5.124 3,599 1,026 Totsl Income 33.097 8.791 41 21.158 161259 183A17 Expendlture Event Costs Bar Costs Printing & Stationery Utilities Cleaning Repairs and Maintenance Insurance Professional Fee5 Build and Fit Out Accountancy Other 3.845 7.110 5.245 7.110 2,232 2232 2.442 2.101 1.147 581 3.694 2,914 1.147 581 2.914 2,137 2.137 2,876 I￿76 5.252 5.252 360 3.893 14,466 445.7CX) 460.166 360 4.707 2,985 3,045 1.662 28.124 30,612 26￿ 449,774 476.612 Sun>lusllDefkltl 5.073 11276 15.680) 1287,515) 1293.195} All actfvlties relate to continuing operations The notes on pa8e 5 fomi part of these financial statements Gregson Green •nc• sheet As •t 31 March 2024 2014 2024 Note Current Assets Debtors Cash 15953 4.677 15,953 4.677 Creditor5 .953 4,677 ISJ53 4,677 15J53 4,677 Ch•rity Funds Unrestrided Restricted Fund5 Fundraising Big Lottery Fund Grant 7.025 2,052 2.625 8,928 2,625 15J53 4,677 The finanoal ststements were approved by the Trustee5 on Trustee The notes on pa8e$ 5 fom part of these finanoal statements. Gregson Green Notes to the financial statements For the year ended 31 Marrh 2024 Accounting Policies Basis of Preparation of the Financial Statements The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice ISORPI, "Accountin8 and Reporting by Charities- published in March 2005, applicable accounting standèrds and the Companies act Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed bv donors which have been raised for a specific purpose. The costs of raising and administering such funds are charged against the specific fund. Donations Donations subject to specific wishe5 of donors are carried to the relevant restricted fund. Any donations received for general purposes are credited to the unrestricted fund. Donations are accounted for when received. Direct and Overhead Expenditure Expenditure is incurred when there is a legal or constructive obligation committing the charity to the expenditure. Expenditure is summarised under functional headings either on a direct cost basis or, for overhead costs, apportioned according to management estimates of staff time spent. The irrecoverable element of VAT is included in the item of expenditure to which it relates.