Registèred number. 00429169
Charity number: 521947
LINDUM SPORTS ASSOCIATION LIMITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
"At856I&Z*
2￿7r2023
COklPANIES HOUSE
A24
*31

LINDUM SPORTS ASSOCIATION LIMITED
CONTENTS
Page
Reference and admlnistratlve details of th¢ chwity. its trustees and advisers
Trustees. report
Independent auditors. report
8-11
Stateff*nt of finan¢lal adlvltl•s
12
Balance sh8•t
13
Notès to the finAnclal statemènts
14-25

LINDUM SPORTS ASSOCIATION UMITED
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COPAPANY. ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Trust••$
R J Bamlor(I
E Wells-cole
S Grocott
AJMMattby
J P Nevlove
AFPerrin
C P Hoskir6
Bmsmth
. D E Taylor
I C Jubbs lappointed 20 Juty 2022)
Company reglst•red
number
00429169
Charity registw•d
number
S21947
Rgglstered office
St Gi* Avenue
Lincolr¢
LwKolnshire
LN2 4PE
Company s•eretary
J P N￿o¥e
Indep•nd•nt audhor
Streets Audit LLP
Charte￿￿ Ac￿￿1n1ants & Statutory Auditor
Tower House
Lucy Tower Streel
Lincoln
Lincolnshire
LN1 1XW
Bankers
Nati(￿1 We3tminster Bank PLC
225 High Street
Lincoln
LN2 IAZ
Page 1

LINDUM SPORTS ASSOCIATION LI￿￿ED
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees present their annual report together with the audited finanual slatements of the charrtatle
company Lindum Sports ASSo￿a￿.0n Limtled for the perio*J 1 Apnl 2022 to 31 March 2023 The Trustees confirm
that thè Annual Report and financial statements of the company comply with the currènt 5ts1utrJry requirements.
the requirements of the ¢ompanls goveming do¢ument and the pmvisions of the Statement ol Recommended
Practice ISORPI. applicable to charibes preparing their accounts in accordance wilh the Financial Reporting
Standard applicable in the UK anol Repu￿￿ of Ireland IFRS 1021 leffecb.ve l January 2019} a5 amended.
Since the charitable company qualrfies as small under secti￿ 383. the $tralegic report required of medium and
large companies under The Compan*s Act 2006 Istralegic Report and Directorfs ReF*NtI Regulations 2013 is
not required
Obj*¢tive5 and Activities
a. POLICIES AND OBJECTIVES
In setting obJ"ective5 and planning for actNitie$. the Tntstees have given due considerabM to general guidance
published by the Charity Commission rdab.ng to wblic benefit.
The prin¢ipal objed of the chantable cLwnpany 15 to ￿￿¥￿Je or a55iSt in woviding faulrfies foT the public benefit
lor recreation or other leisure time oG¢upabon in or in wnnection wlh the City of Lincoln and elsewhe￿ within
the County of Lincolnshire. The facilities are made available to all regardless of rank. gender. religion or politics.
usually by rneans of membership of associated clubs. Facilities include".
Outdoor- Hockey, Cricket and general wtdoor sporting faclilies
Indoor- Squash. Fitness Studio orvj scKial adi￿"b"e$
Affiltated clubs are..
Lindum CrÉ<et aub, Lindum Squash Cth and Lindum H¢xkey Club.
Achievements and p*rfomunce
a. KEY FINANCIAL PERFORIAAMCE INDICATORS
The key finanaal perfrymance indicalw for the Trustees is gener*iThJ suffioent inc£*ne lo maintain its charitsble
aim5 and objectives.
b. REVIEW OF ACTIv￿les
Lincoln Minster School have a ten-yEar licence to occupy frorn July 2013 to use the sportiry facilities.
DiscuS￿onS are well advanced with a to Lincoln Minster Sch￿1 being granted a tsventy year licence from
July 2023 (with a ten year break clause either way).
The Licence wlh Lindum Hockey Club wa5 conc1￿Jed in June 2021 ar￿ during Ihe year under revbew a fresh
Licen¢e was conclLKled with Lindum Cr￿ket Ckjb.
Activity has as reported last year retLKneLI to pre pandemic levels. The Studtt) Room C￿tinueS to be a valuable
source of Tevenue and during the ￿ar under rev*w. arrangements for the Operati￿ ol the Squash Club have
been modified. The Squash C￿b continues to operate under Ihe auspices of the Company. bul a considerable
degree of avtonomy has been devc4ved to the Squash Club Committee. The DirectorsThrustees remain
responsible and aCc￿ntable for the operation of the Squash c￿b.
Page 2

UNDUM SPORTS ASSOCIATION LIMITED
TRusfEES' REPORT (continued)
FOR THE YEAR ENDED 31 MARCH 2023
The cost of liwng situab.on in partictjlar energy costs rnntlnue to present Signif￿nI thallenge5 for the
financial operatjon of the Charitable Company. During the year under review new thanging rwm boilers were
installed and these arg expect￿ to effi￿enGieS ar￿ a beneficial impad on costs. Furthermore the
Tnjslees have plans to instal LED lights around Ihe perimeter of Ihe AGP resulb.ng in cosl reductions.
c. INVESTMENT POLICY AND PERFORMhl4CE
The stated aim of the Chafltable Company is to invest any surplus in(xJme in thè continued rnaintenance of and
improvernents to it5 property. The CompanWs do not allow investmenl in any other areas.
Financial Teview
. GOING CONCERN
After m8kiThJ apprwate enquirie5. the Directorsrrrustees have a reasonable expectalion thal the charitsble
company has adequate resources to continue in operaD"onal existence for the frye5eeable future. For this reason
the DireCtOr5￿rUSteeS continue lo adopt the gcmng concem basis in preparing the financial stalements.
b. RESERVES POLICY
The Boar(l 1$ aware thai the c￿dItiOn ol the Clubhouse can onty deterioraie over ts'me. The Board has set 3$￿e
a sinking fund for future dèvelopmènt of the clUbh￿Se and other faalits"es. With the help of Lottery Funding
Ag￿erneTrt with Sport England and the Grant Agreement with England Hockey. the Directorsllwstees are aware
of their obliyations under this agreement to repface the AGP at the appropnate time and continue to sel aside
such funds as are ne￿$sary to achieve this aim.
The further aim of the board 15 to build up a fund of £30.01)O beiThJ abwt six months cost5 (les5 sinking funds
and dedicated funds) as a reserve. Al 31 sl Marth 2023 the Charilable Company had total funds of £915,462. of
which £693,534 related to fixed assets.
c. PRINCIPAL FUNDING
Income during the yEaT was some £242.249 from bar and catering rèr£ipts. renlal income, donaticffls and other
small items. Expenditure was £248.309 giving rise lo a deficit 01 £6,060. Use of the Clubhouse as a fitness
studio has seen some im{￿Vement due lo the relurtM5hment improved marketing undèrtaken to prc*Mole
the facilitse5.
Structure. govemanc• and marragement
¥. CONSTITUTION
The charitable company is wistered as a memtws limrted liabilty company.
The charitable company is constituied under a Memorandum of Awiatim and is a registered company
number 429169. The charty number is 521947.
The charitable cc4npany was Incorpcy*￿ and commence(l operati￿S M 6FBbruary 1947.
There hav¥ been no c*anges in the objectives since the last AGM.
Page 3

LINDUM SPORTS ASSOCIATION UMITEO
TRUSTEES. REPORT Icontinuedl
FOR THE YEAR ENDED 31 MARGH 2023
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The Charitable Company is gO￿*d and managed by a Board of T￿￿teeS (Directors). elected andlor
n(xminate¢J annually.
rhe Artic￿5 of Associab"on alth4$ for 8 I￿ght) eleLted Directcffs￿rUsteeS to be appointed (elected) by
sharehol¢Jers at the Annual Meeting.
The charitab￿ Company under its Artrdes is able to offer a Board position to the constituent clubs to apwnt a
member of their committeelboard as a Nominee DirectOr￿ruStee and this wll be enshrined in their licence lo
occupy. These DirectOts￿ru5iees we appcinted by ihe affilialed dub5 on an annual basis in a¢cordan¢e swth
licences to occupy.
A further 2 ltr*nl DI￿¢10￿￿r￿sleeS can be C{￿pIe(l.
The key rnanagement personnel a￿ the Directorstrrustees are not remuneraled.
e. POLICIES ADOPTED FOR THE INDUCTION AND TRhJNIYG OF TRUSTEES
New DredorsKfru51ee5 are made aware of their responsibilrties for Ihe affairs of ihe charity. AI
DireclorsThrustees arè kept aware of the umlates senl out by the Charity Commission vlthich is now made easier
by the introduction ol electronicalty transmitted infomi8b"on.
The DirecIors￿rUSteeS place great Èm￿aS1$ on the Directrxsrrrustees fulfill￿9 iheir duties, in particular..
•the duty to promote the Success of the Charitsbbe Company
.the duty to exerc¢se independent judgement
In the year of review Ihe imwrtance of aviidiNJ cmnicts of interest re-emktsised to *J Di￿¢t0￿￿rustree5.
d. SUCCESSION
The Elected D1￿Cto￿￿1v51ets$ ao all long ser¥ing. The Board is sab"sfied that all the Elected D1￿CtO￿￿ nJstÈÈs
have a ccmtribution to make lo the future ol the Charitable Comparsy. There are I￿) vacancies lor Elected
DIrectors￿rusteeS and the Directorsiffuslees are anX￿￿S to fill these vacancTres. Both from the point of view of
Governance and operat1￿5 fosh blfyxl, fresh tdeas and innovation •￿ imprytant.
. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The Charitsb￿ Company ovms and maintains PToperty at the address shcrwn on page one. 11 has no other
interesis. The Board is reskK)nsible for the day to day runniro ol the Associats"ons property. piayng field and club
house.
Responsit4lilies I(￿ lèadership and rnanag8ment are diwded as fOltr￿.
•Facilib-es
.FinancelAudit
.Govemance
Facilitt•s: ResFKJnsibility for Facrfknes is deplo￿ to one Direcior￿n￿IeeS (the Facilities Director.) The Facilities
Director is reSponsi￿e for all aspects of facilities including overall Strategy and forward planning. developmènt,
dmini5tration of the Lindum Sports Club ensuring that duthouse, thanging rc￿$. bar and meeting rooms are
property maintaine(l and vthere possible improved and ènsuring that the playng surfaces are fit for the sports
Page 4

LINDUIA SPORTS ASSOCIATION LIMrrED
TRUSTEES. REPORT (￿ntinut￿l
FOR THE YEAR ENDED 31 MARCH 2023
ayed and other uses as required. The Facil￿"eS Dir￿ prwd#s a wriilen report to each Board Meeting for the
purpose of providing colleagues ￿th accountabblrty and a$surance.
FinancelAudil and Governan￿ are le(J and managed by ￿ 5utrK(Mnmrtlees each of which is chaired by an
Elected D1wtOr￿￿ste8.
FInanC￿AudIt.. Made up frofr three dected directors. Chairman. Vice Chairman and Treasurer. The ¢ommittee
is responsib￿ lor ensvring that income and ex￿n￿lI￿re are maintained in sufficiènt balance to ensure the
conknnuefj viabilily of the Assotiatirm. Quartedy management accounts are produced at each board rneeting and
compared as ¥arianGes from a lull Income ancl Expendilure budget deter￿￿j at the beglnniry of each ￿r.
Governance- This committee is made up sokly of elected difectors and chaired by the Company Secretary and
is responsible lor revÈewing the overall govemance of the company. constibJb"onal mattets. cornpliance and
creabon and operatson of the kcences to crtCUPy7*ith the affili*ed ¢hJbs.
Squash: This cc*nmittee operates urthr a ¢OliiboratM￿ agreement yitsing it autonomy to run U)è Squash sectK)n
ol the f8tility.
Tfre Minutes of the FIna￿elA￿di1 Suiwnmittee and Ihe Goveman¢e Subcommittee are circulated to all
01￿ctO￿￿r￿5t*eS for the wipose of providing aCo)un￿b￿ty and assurance.
f. RISK MANAGEMENT
All significant actiwties undertaken are subJeGt to a risk review by use of a fflanagement malrix {risk resister)
an ongoirvJ basis. Major risks a￿ those whth may have an effect on the ryerathonal perfmance ol staff and
volunt8ets. and those affecbro Ihe members of the Associated Clubs.
The major risk5 have been identified as:
.Economic uncertaintyffinancial sustsinat¥lity
•The ￿eed for expenditure on the eslate
.Loss of key people
Changing habits and asF4rations of members and stak8lK)Iders of affiliated clubs
•Oecisions outside the conlrol of the Company
Directors￿NStees are of the ￿eW thal prov¥Jed that the pmpvsed arrangements wtth LincolTr Minster School
are suc￿55￿14yCc￿￿lKIed, risk5 around ecrmmic uncertantyifinancial sustainability are 5ubstsnb.alty reduced.
For a significant number of years an irnportant source of income has been from the provision of car parking for
Visi￿r$ to rhe Lincdn Christmas MarkeL The Lincokn Chrislmas Market ￿11 not take place in 2023.
Risk Managemenl is all importsnt arKJ feature fr￿1 arKJ cenlre in the Long RarvJe Plan due to be completed
in Ihe reasonabty near future.
Cun•nt and firture peA¢ds
. CURRENT *JID FUTURE DEVELOPIIENTS
Major CAPEX in the future indude:
.LED I￿h1$ for the perimeter of the AGP
.Repl8cement of the AGP
.Further works on the roof of the Clubhol￿e
.RepIacemenV￿neWal of the perimeter fence
Page 5

LINDUPI SPORTS ASSOCIATION U￿￿E0
TRUSTEES. REPORT leontinueill
FOR THE YEAR ENDED 31 MARCH 2023
The DIrecto￿￿nJSlees look lo ihe futu￿ wilh cautious optimism and io ￿InfOr￿ng the hithelo mutually beneficial
relatsonships wth Lincoln Minster S¢hool, Lindum Cricket Club. Lincdn Hockey Club and Col￿agueS wthin
Lindurn Squash Clvb.
sha￿￿￿ders are assured that Trusteesf)irtetors *ryll Continue to lÈad and manage the Charitable Ccffipany vath
all proper prudence and ensure that risks are ￿entIfIed and eliminaled if at all possible. 11 risks ￿nn01 be
elimin8tèd the DirectorslFnJstees will ensure ihal the risks are carefulty managed.
INFORMATION ON FUNDRAISING PRACTICES
The 8oard is looking into revenue streams to give the Charitable Company bong iemi slability for capital to be
spent on keeping infrastructure updated. This ￿711 indut1e collab)rab"c￿ tmth the Affiliated Cbjbs on large
events and much increased use of Ihe Fitness Studio.
MEMBERSISHAREHOLDERS
The DireCtor￿TrUsteeS are fulty a￿are that cpefatTrons ￿￿Id be imFrt)ssible wlhout Ihe SUPPOFVspon50r5hip of
the MemberslSh8rehoJders. All D￿ee1c￿St[ruStees recard appreciats￿ for the help and support of
Memberslshareholders.
Page 6

LINDUM SPORTS ASSOCIATION LIMITED
TRUSTEES. REPORT (continued)
FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees (who are 31so direct￿5 of Lindum Swrts Ass￿48￿0￿ Limited for the purposes of wmpany lawl are
Tesponsible for preparing the Trustees. rèport and the financial siatemenis in accordance with applicable law and
United ￿"ngdorn Accountir¥J Standards (United I￿￿d0M Generalty Accepted ACC￿Jntin9 Praclicel.
Company law requires the Trustees to wepwe fmanual slatements for each financial year. Under company law
the TfU5tees must not approve the financial statements unless they are satisfied that they give a Irue and lair
view of the stste of affairs of the charitable company and of the incoming resources and application ol resources.
including the income and expendilure, of the charitable company for Ihat peric*J. In preparing these financial
statements. the Trustees are required to..
select suitsble &counts"ng pKJlicies and then awiythem &￿siSte￿Ily,
observe methods and ￿1n0p[eS in the Charities SORP.
rnake judgments and accounting estimales that are reasonable and prudent..
state whether applicable UK AcccKJniing Standards have been fdto%b*d, subject to any material departures
disclosed and ex￿ained in the financial statements..
epare the financial stalements on the goiThJ concem basis unless it ts inwopriate to presume that the
charrtable cornpany will CL￿tinUe in operation.
The Trvstees are ie$ponsibk for kew'ng adaquate x¢ounb"ng records that are sufficient to show and explain
the Gharitable company5 Iransactions and di5dose V+iih reasonabk acGtJracy at any ts.rne the financial posib.on of
ihe charitable company and enable them to ensure that the financial statements ¢(xnply ¥￿th the Companies A
2006. They are also ￿SPonSible lor saleguaTding the assets of the charitable company and hence for taking
reasonable stèps fol the prevenb.on and detection of fraud and other irregulariU8S.
DISCLOSURE OF INFORMATION TO AUDITORS
Each of the person$ who are Trustees at the b.me vknen this Truslees. reFort is approved have confirmed that..
50 lar as Ihai Trvslees are aware. Ihere is no relevant audit information of tlknbch the charitable companls
auditors are unaware, and
that Trnstees have taken all the step5 that ought to have been taken as Trustees in order to be awarè of
y information needed by the charrtable companls audilors in connection preparing their report and
io establistt that the charitsble comPan￿S auditors are awa￿ of Ihat infonnation.
Tlis report was approved by the Trustee5, on 12 Juty 2023 and signed on thw"r behalf by".
E Wells-cole
Chaimian
Page 7

LINDUM SPORTS ASSOCIATION LIM￿ED
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LINDUM SPORTS ASSOCIATION LIMITED
OPINION
We have audited the finanoal ststements of Lindum SFM)rts Association L(mited (the '¢haritable companrfl for
the year ended 31 March 2023 vthich comprise the Statemenl of finanaal ac1>vities incc*Forating income and
expenditure account. thè Balano sheet, the Statemènt of osh flow5 and the related notes. including a summary
of sKJnificant accounb.ng policies. The financrdl rèporting framèwork that has been applied in Iheir preparation is
pplicable law and the Unrted lQn9dom ACC￿n￿.ng Slandards (United ￿'ngdorn Generally Accepted AccounliThJ
Praclicèl. in¢luding FRS 102 Yhe Financial ReFthng Slandard applj'cabje in the UK and Republic of Ire18r￿".
In wr OF*nion the financial stslements:
give a true and fair view of the state crf the charitable companVs affair5 a5 at 31 March 2023 and of its
incoming resources and applvlK)n of reswces, indUd￿9 rts inctyne and expenditure for the year then
have ￿en propedy prepared in aw)rdance with United Kirydom Generally A￿pted Accounting
Practice., and
have been p￿pare<l Trn acc(*dan¢e Ihe ￿qUirements of Companies Act 20A.
BASIS FOR oP￿10m
Vve conducted our audit in arcordance 1n1emakn.￿aI SlarKJard5 on AUd￿.￿g {UKI IISAS IUKII appli¢able
law. Our rèsponsibilities under those standards a￿ further described in the Auditors. responsibilities for the audit
of the finan¢ial slatemen15 5eth.on of tAJr report. We are independent of the charitab￿ company in acGordanGe
with the ethical requirements that are r¢kvant to ￿1[ audit of the financi31 statement5 in the United Kingdom,
inclu¢Jing the Financial Reporting Cwncil's Ethical Standard, and we have fulfilled our other ethical
responsibililies in a¢¢ordafi¢e with these requirements. Wè believe that the audit evidence we have obtained is
sufficienl and apprcyriate to provide a basis lor wr owi(M.
CONCLUSIONS RELATING TO GOING C¢X4CERM
In audiDng the finanoal statements, y￿ have ccrfKluded that the direclorfs use of the ging concern basis of
accounting in the preparation ol the financial staiemÈnts is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainknes relating to events or
conditions that. indmdualty or colW"vely. may cast sKJnificant doubt C￿ the lenlityl'5 ability lo continue as a going
concern for a pencé of at least 12 rnonlh5 Ir(¥n vhjen the fjnanoal ststements are authoTised f(x issue.
Our responsibilities and the re5pwsibilities of the direclcKs wilh resm lo going concem are described in the
rdevant sections of this rerA)rt.
OTHER INFORMATION
The Trustees are reswnsibk for the other Infrffmation. The other informaticn compri￿$ the irtfc*matson include(I
in the Annual report, other than the financK31 stslements and our Auditors, report thèrw). Our opinion on the
financial staiernents does not cover the oiher inlomiation and. exc¢pt to Ihe e¥lent otherwise explicrtly stated in
our report. we do not express any form of assuran￿ cCfflduS￿n IFETeon.
In connectiw wth our audit of the financial 5tatwnents, our res￿nsIbIlity is to read the other information and, in
doing so, consider whether the other infomiab.on is materialty inconsistent with the financial statements or OUT
knowledge oblained in the audit or otherwse appears to be malerialty misstated. If we identify such material
inconsislen¢ies or apparent matellal misstatements. ￿ a￿ required lo determine vthether there is 8 material
misstatement in the financkql ststements or a material missl8lement of IhÈ other informatson_ If. based on the
work we have perfornied. VIE condude that the￿ is a matÈrial misstatement of this other iTrfomiation, we a
required lo repc*t that fact.
Page 8

LINDUM SPORTS ASSOCIATION UMITED
INDEPENDENT AUOITORS. REPORT TO THE MEMBERS OF LINDU14J SPORTS ASSOCIATION LIMITED
We have nothing to rep)rt in this reg8rd.
OPINION ON OTHER MATTERS PRESCRIBED 8Y THE COMPANIES ACT 2006
In our opinm￿. based on the work undertaken ¢n the c￿lse of the audit..
the infom)ation given in the Trustees, reFixl for the financial year frx whith the finar￿101 statements are
epared is consistent wth the fin￿￿al statements.
the Trustees. reFKXt has been prepared in Xwdance appli¢able legal requirements.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of our knovledge and un¢JerstandirrfJ of the Charitab￿ ccrfnpany and its environment obtained in the
course of thè audit. we have nol identified material mi551atements in the Trustees, rep¢yt.
We have nothin9 to rep¢yl in resped of the folk)w"ng matters in relth.on to wP4ch the Companies Act 2006
requires us to r￿ort to if, in wr opinion=
adequate accounting records have not kepL c¢ retums adequate for audit have not been
rècèived from branche5 not visited by us.. or
the fmancial stalemenls are not in agreement with the accc*Jnting records and retwns., or
certain dis<JoSu￿s of Trustees, rernurwakn"￿ speGffied by law a￿ not made" or
we have nol received all Ihe inf￿rnatiOn and eX￿anatiOnS we require for our audit- or
the Trustees were not entitled to prepare the financial statements in accordance wth the small cornpanies
regime and take 8(fvantage of the small companies. exemptions in preparing the Trustees. report and
from the requirement to P￿pare a Strategic rewt.
RESPONS181LJTIES OF TRUSTEES
As eX￿ained mrKe fully in the Twstees. ￿rKIn$￿I￿lies statement. thÈ Trustees l¥tho are also the directors of the
charrtable company the wrposes of company lawl are ￿spOnSible for the preparation of the financial
statements and for beiThJ 5absfied that they give a true and fair view. and for such internal control as the
Trustees determine is necessary io enable Ihe preparation of financi31 stalements that are free from material
misslatement. whether due to frwd or errc*.
In preparing the finanoal statements, the Trustees are reS￿nsible for assessing the charitsble wnpanls ability
to continue as a going ¢oncèm. disrlosing. as applicable. matters related to going concem and using the going
concern basis of accounts.ng unless the Twstees either intend to liquidate the charitable company or to cease
Operati￿5, ￿ have no realistic allemative but to do so.
Page 9

UNDUM SPORTS ASSOCIATION LIMITED
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LINDUAI SPORTS ASSOCIATION LIMITED
AUOITORS. RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our objectives are to obtain reasC¥￿￿e assurance atfftji whethér thè financial statements as a whole are free
from material misstatement. whether due to fraud or error. and lo issue an auditor's rewrt that inclvdes our
opinion. Reasonable assurance is a h￿h thl of assurance. t￿t is not a guarantee that an audit conducted in
accordance with ISAS IUKI wll detect a material mi55taternent whtn il e￿Sts.
Mtsstslernents ￿ arise from frnud ￿ error and are constder&d materi4 if. indmdualty or in Ihe aggre9ate. Ihoy
¢ould rea$￿ablY be exF*¢ted lo influerr* the ecc*Mynic derysic￿ of users taken on IhB basis of the$e financial
statements.
Ir￿gUlaril1es. inC￿ding fraud. are instan(x of non-comkliance tmih law5 and regulations. We design procedures
in line wilh our responsibilities, c¥JUined atxwe, to delect matenal misstatements In respect of irregulafities.
including fraud. The extent to which ￿Jr w(£edu￿S are capable of delects'ng iiregulartD"e5, induding frJud is
detailed below.
.the engageM￿t partntsr ensurèd Ihat the erwJagemenl team cdkctively had the appropriate competence.
capaknlities and skills to idenbfyor recoJnise n¢TrGOMplia￿ Tmth apPl￿e laws and regulations.,
we identified the laws and wulats.ons apKAKable lo the ry)mpany thrwgh discussions wilh directors and other
managemenL and fr(¥n our commercial knuthedge and exper￿Ce.
4we focused on specific laws and regulati(x)s vthich we considered may have a direct material effect on the
financial statements or tre operabons of the c￿npany. including the Companies Act 2CQ6, laxaiion le9islatiDn,
data wotection. anti-brit￿. empkjyment. en￿ronments1 and heatth and safety legislation:
'we assessed the extent of complian¢e 7Mth the law5 and regulati¢￿ identsfied atthie throwJh making enquiries
of managernent and inspecting legal C￿S￿￿￿enee. and
•identified kws and Tegulations We￿ comrnunicated vthin the audrt team rewlaty and the team remained alert
to instances of non•compliance throughout the audit.
We assessed the suscepts'bility of the compaty5 financial ststements to material mi5staterngnt, induding
¢)btaining an underslanding of how fraud might occur. by.
•making enquiries of Man￿ment as to whère they C￿S￿le￿d there was S￿￿p11b1Elty to fraud, their kno￿edge
of 8Ctual, suspected and 8l*ed fraud:
)nsideTing the inlemal contro15 in place to mtyate r￿kS of fraud and non-COrnF4iance Vlth laws and
regulatiofts."
To address the risk of fraud through manayamenl bbas and override of controls. we:
"perfcrfmed pr¢¢edu￿$ to idenbfy any unusual or unexFeCted ￿lab"OnShipS,'
.lesled journal entries to idenlfy unusual tranSaCtic￿.
*asse$sed **elher judgements an¢J assumptws made in determining Ihe aco)untin9 estimates were indicative
of potential ba5..
•invesligated the rab"onale behirKI significant or unusual transaclbons"
In Tesponse lo the risk of Irwu*r￿.es and rKffi-comFdiance ￿[h laws and wulations. we designe¢J procedures
which inclL&ded. l)ut were not limited to."
"agwng finanaal slalement discbsures to undety'rwj SUPF*yb"ng documentsb"on."
Page 10

LINDUM SPORTS ASSOCIATKIN LIIAITED
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LINDUM SPORTS ASSOCIATION LIMITED
eading the minutes of meetings of those charged with g0Vema￿e.
*enquiring of management as lo actual and potential litigation arKI daims:
There are inherent limitations in our audrt procedures (Jescribed 3bove. The more removed that laws and
regulations are from finawal transactions. the less likely it is that we Nwjuld become awa￿ of non-compliance.
Auditing standards also limit the audit protedures required to identify Thjn-compliance wth laws and regulations
to enquiry of the directors and other management the inSpect￿n of regulatory and legal ts)rresrM)ndence, if
any.
Material misslatemenls that arise due to fraud can be harder lo detect than those that arise from error as they
may involve deliberate concealment or collusion.
A further description of our regponsibilities lor the audit of the financial sL*emenls is located on the Fin8nctal
Reporting Council's website al.. vAthv.frc.org.uklauditorsresponsibdilies. This description fomis part of our
Auditors, report.
USE OF OUR REPORT
This report is made 501ety lo the tharitable Compan￿$ rnembers. as a body. in accordance ￿th Chapter 3 of Part
16 of the Companies Act 2(￿. Our audit work has been undertaken so that we might stale to the charilatde
CoMpan￿S members those matters V￿ are required lo state lo them in an Auditors. report and for no other
purpose. To the fullest exlenl pemiitted by law. we do not accepl or assume respOnsib￿lty lo anyone other than
the charitable company and rts members, as a tKrfJy. for our aLKlil ¥wrk. for this report. or for the opinions we
have formed.
Robert Anderson (Senior stalul¢xy auditor)
for and on behalf of
5tre8ts Audit LLP
Chartered Accounlanls & Statutory Auditor
Tower House
Lucy Tower Street
Lincoln
Lincolnshre
LN1 1XW
13 July 2023
Page11

UNOUM SPORTS ASSOCIATION LIMtrED
STATEIAENT OF FINANCIAL ACTivmES INCORPORATING INCOME AND EXPENOITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
R¢stri¢ted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Note
INCOME FROM:
Voluntary income
Charit8ble activities
Investments
25,708
193.917
235,974
3.939
235,974
3,939
TOTAL INCOME
242,249
242249
222,383
EXPENDITURE ON:
Charitoble a¢tivities
5.6.7
29,$47
218,762
248,309
220.242
TOTAL ExPEN0￿uRE
29,547
218,762
148.309
220,242
NET INCOME I {EXPENDITUREI BEFORE
OTHER RECOGNISED GAINS ANO
LOSSES
NET MOVEMENT IN FUNDS
129.5471
{29.$4n
23.487
23,4B7
16.0601
16.0601
2,141
2.141
RECONCILIATION OF FUNDS:
T1￿ funds brought forward
381.468
540,054
921.522
919,381
TOTAL FUNDS CARRIED FORWARD
351.921
563,541
915.462
921,522
The notes on pages 14 10 25 fomi part of these financial Statern￿ts.
Page 12

LINDUM SPORTS ASSOCIATION LIIIIITED
REGISTERED NUMBER: 00429169
BALANCE SHEEr
AT 31 MARCH 2023
2023
2022
FIXED A55ETS
Tangible assets
CURRENT ASSETS
Stocks
D¥btors
Cash al bank and in hand
693.634
732.253
12
4.240
22,635
285.472
4,256
34.679
242.685
13
312.347
281,620
REDITORS: am¢)unts fauing due wthin
one year
14
ITO.519)
(22.351)
NET CURRENT ASSETS
241.828
259.269
TOTAL ASSETS LESS CURRENT UABILITIES
935.462
991,522
CREDITORS: amounts falling due after
more than one year
15
120.0001
(70,oooJ
NET ASSETS
915.462
92t.522
CHARITY FUNDS
Restricted lunds
Unrestncleil funds:
Share caFilal
Unrestricted lunds
17
351,921
381.468
16
17
32.651
530,890
32,651
507,403
Total unrestricted funds
563.541
540,054
SHAREHOLDERS. AND CHARtrrs
FUNDS
915,462
921,522
The charitable companls financial statements have been wepared in aC￿rdance wth the provisions applicable
lo companies subjecl to the small companies re9ime.
e financial sts
ir beh 11,
ments were apwoved and aulhorised for issue by the Trustees on 12 July 2023 and signed on
th
wlov•
Th
notes on paJe5 14 to 25 fomi part ¢￿ these financial ststements.
Page13

LINDUM SPORTS ASSoc￿￿ON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POUCIES
1.1 Basis of preparation of flnan¢ial stalements
The financial 5tatemenls have been prepared in accordance with Accounting and Reporting by
Chariiies." Ststement of Recommended Pracb"ce applicable to char￿"e9 preparing their accounts in
accordance wth Ihe Financial ReportiThJ Stsndard applicable in the UK and Republic of Ireland IFRS
102) leftective 1 January 2015) - ICharib"es SORP IFRS 1021). the Financial Reporting Standard
applicable in the UK and Republ￿ ol Ireland IFRS 1021 and the Companies Act 2006.
Lindum Sports Asso¢lati￿ Limiled meets the deffin1￿ of a publ￿ tenefft entity untler FRS 102.
Assets and liabilities are inits'ally recc4nised at hislorical cost or transaction value unless olherwise
stsle(l in the relevant accounting poticy.
1.2 Company sta￿9
The chartsble ￿MpanY is limited by Sha￿ caytal.
The Charitable companvs functs'onal wesenlatKfftal Currency is pound5 Sterling.
1.3 Going concern
The Irustee5 assess whether the use of gc¥ng c£fficem is appropriate i.e. whether there are any
material (rncertaintses ￿lated to events or con¢Jib"ons Ihal may cast Signif￿￿t doubt on the ability of
the charity to conknnue as a going ccfflcem. The trustees make Ihis assessment in respect of a period
of at leasi one year from the dale of avthwisats.on for issue of the financial Sta￿Ments.
The Truslee5' Report sets out the aclions taken post yEar end in Order to balar￿ the charivs
rinances monitor their financ¢al tM)sition. The trustee5 have concluded that the charity ha5
adequaie resources to (x)ntinue in operab.onal existence the fi)Tseeable fvtUTe and there are no
matefial uncertainties about the charitys ability lo continue as a going concern. Thus they Continue to
adopt the g￿ng concem basis of acccMJntin9 in prepamg the financial statements.
1.4 Income
AJI I￿)me 15 re¢¢gnised once the charilat4e company has entitlement to the income. il is probable
that the income wll be received and Ihe amounl of inccxne receivable can be rneasu￿d reliably.
Other income is recognised in the period in *thich it is recavable and to the extent the gooJ5 have
been provi¢Je(l or ￿ coM￿et10n of the serv￿.
Page 14

LINDUM SPORTS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES Icontinutd)
1.5 Exyndltu
Expendrture is recognised once there 1$ a legal or constructsve obligats.on tts transfer economic
benefit to a third paty, rt is probab￿ that a trdnsfer of economic benefits will be required in
settlement and the amounl of the obligalion can be measured reliably. Expenditu￿ is classified by
activity. The ￿St5 of each aCts"￿ty are made up of the lolal of dired costs and shared costs,
snduding SUPPOrt ¢xists in¥ofved in undertaking each activity. Dired costs altrttwtable to a single
activity afe alhxaied directly to thal aciiwty. sha￿ costs vthich contribute to more than one activity
and support costs which are not attr1t￿Iab1e to a single actiwty a￿ apporti￿ed t*tween ihose
activibes on a basis consistent wilh the L5se of resources.
Support those u)Sts incurred dire¢tty in support of expendilure ￿ the 04.ects of Ille
eharitable company. Govemance costs are those incurred in connection wilh adminislration of the
charitable ¢ompany and ￿lance WTth constituts.onal and statutory requirernents
Charitable ath.wbes and Govemance costs are costs incurred on the charitablè companls
opeiabons. including support costs and costs relab.ng to the govemance of the charitable company
apports.oned io chafitsble acbvities.
1.6 Tanglbl• fixed assets and d•predatlon
All fixed assets a￿ irsiiialty recorde¢J at C￿l
All assets costing More than £SO) are (Xlitsli5ed.
A revi￿ for impairmeni of a ffixe(l asset ts carried rf everts or changes in ¢ircumstsn¢es indicate
that the car￿.n9 value of any fixed asset may M)t be ￿COVer3b1e. Shortfalls belN4een the carrying
value of T￿ed assets and their recoverable arn￿jnts are recognised a5 impaifments. Impaiment
losses are recognised in the Ststement of financial acb"vrtTres incorporating income and expenditure
account.
Tangible fixed assets are wried at wsl net of dePr￿lation and any provisK)n for impairment.
oepfeciab.on is not charged on freehold land. Oepreckition Is provided at rates calculated to write off
the Cost ol fixed assets. less their e5ts"mated residual value. over their expected useful lives on the
follobwng bases..
Buildings
ant & machirery
AGP and SFecial projects
2% straight line
25% straight line
straight Ihie between 3 and 25 yEars
1.7 Inter•sl recei¥able
Interest on funds held ￿ deFWit is ind￿led ththen receivable and the am￿nI can be measured
relrabty by the charitable company. I￿S is ncwm*ly upon nolificaticm of the interest paid or payalAe by
the Bank.
1.8 Stocks
Stocks are valLJed at the IobbEr of o)st reali5abl• value after making thJe albwan¢e for
obsolete and slow-m0￿￿9 $locks.
Page 15

LINDUM SPORTS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTIMG POLICIES Iconlinued)
1.9 Debtors
Trade and olhèr debiors a￿ recognised at the seilthenl amount after any trade discount offered.
PrepayTnents are valued al the amount prepaid nel of any trade discoun15 due.
1.10 Cash at Bank and in hand
Cash at bank and in hand indude5 ¢ash and short temi highly liquid investsnents ￿th a short
maturity ol three months or less fr¢Jm the datè of acquisitson or opening of the deposit or similar
ccount.
1.11 Liabilitles and provlsions
Liabililies are recc*Jnised when there is art ￿lgatIC￿ al the Balance sheet date as a result of a past
event. it 15 probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlemÈnt can be ests"mated reliably. Liatx"lits"es are rec(NJnised at the amount that the
charitable company antiapales it will pay to seltle the debt or the amO￿nt it has received as
advanced paJTrents for the goods or 5eryices il must w0￿de. Prowsions are measured al the best
estimate of the amounis required to Settlè th• oblwation.
1.12 Firrancial instruments
The charitable company only has finan¢BI assets and rtnanual fiabshties of a kind that qualrfy as
basic financial Tr)strumenls. Basic financial inslrumenls are initially recognised at transaction value
nd subsequentty measured at their seiuemenl value.
1.13 Government grants
Govemment grants a￿ recognised at the lair ￿lue of the assel received or recetvable. Grants are
not recogni5ed unts"I there is reasonable assurance that the company will c4Jnply the condrtions
attaching to ihem and the grants wll be received.
1.14 Fund accounting
GenÈral funds are ijnrestricted fvnds V•tiith are avaibble for use at the dIsC￿lon of the Trustees in
furtheran￿ of the general objectives of the charitable company aTrd whiGh have not been designated
for other purposes.
Desi9n3ted funds c(xnprise unre5trided funds that havè been Set aside by thè Trustees for
particular purposes. The aim and use of each designated fund is set out in the notes to thè financkil
51atements.
Restrthd funds are funds %thich are to be used in a￿ance speafic ￿triCtionS imposed by
donors or vA)ich have been raised by the chafitable company IC￿ particular purwjses. The costs of
raising and administering such funds are charyed against the speufic fund. The 8nd use of each
restricted fund is set out in the notes to the finanrial stat￿￿ents.
Page 16

LINDVM SPORTS ASSOCIATION UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IAARCH 2023
VOLUNTARY INCOME
Restricted Unrnstricted
funds
funds
2023
2023
Total
fvnds
2023
Total
lunds
2022
Donats'ons
Government grants
2.336
2.336
8.200
16,908
Total
2.336
2.336
25.108
Total 2022
25,108
25. 108
INCOME FROM CHARIT&lBLE ACTivrriES
R¢stri¢t¢d UDr¢strict•d
funds
funds
2023
2023
Tolal
funds
2023
Total
funds
2022
Sport5 farylrties an(J club house
235.974
235.974
193,917
Total 2022
193.917
193.917
INVESTMENT INCOME
Restricted Unrestricted
fvnd5
fvnds
2023
2023
fotsl
funds
2023
Total
funds
2022
Bank Interest Receivable
3.939
3,939
3.939
3.939
3.358
Total 2022
3.358
3,358
Page 17

LINDUM SPORTS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
DIRECT COSTS
Sports
Faellltles Club House
Total
2023
rotal
2022
Groynd$man fees
Repairs and Maintenance
Turt. Gra55 Seed & Ferbliser
Bar & Catering Purchases
Insurances & Licences
Bank Charges
Wages and salaries
DepreGiati
9.000
10.246
1,113
8.555
74,547
875
36. 158
7, 184
2,536
32,867
59.562
10.246
1.113
45,646
7.692
3.183
43.870
18.183
7,692
3,183
43.870
57.836
39.653
60,012
118,574
178.586
162,284
Total 2022
69,813
92,471
162.284
SUPPORT COSTS
Sports
Faclllties Club House
Total
2023
Tolal
2022
Repair5 antl Maintenar￿¢
Water rates
B0okkee￿ng
Subscripb"on5
Sundry Expenses
Stationery & Postage
Ttlephone
Cleaning
Interest cm loans
Rates
Light & heat
Wagès and salaries
T.337
999
4T2
3. 184
1,164
5T3
636
5,928
600
745
17,108
16.070
3,449
175
2.964
3,972
3,449
582
2,964
3.972
649
701
4.092
600
1,459
25.85fj
14,781
407
701
4.092
600
1.459
25,856
14.781
10.560
57,013
67.573
54,816
Total 2022
5.489
49.327
54.816
Page 18

LINDUM SPORTS ASSOCIATION LIAIITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
GOVERNANCE COSTS
Restricted Unrestri¢ted
fund
funds
2023
2023
Total
fund5
2023
Total
funds
2022
Auditors. remuneratson
Legal lees
2.073
2,073
77
2,065
1.077
2,150
2,150
3, 142
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Stsff costs Depreciation Other eosts
2023
2023
2023
Totsl
2023
Total
2022
Sports Facililies
Club House
39,653
18,183
30.919
98.753
70,572
175,587
75,302
141, 198
58,651
Chwitable activiti•s
58,651
129.672
246,159
217. 100
Expenditure on
governance
2.150
2,150
3, 142
58.651
57.836
131.822
248.309
220,242
Total 2022
48.937
59,562
111,743
220,242
NET INCOMEI(EXPENorruRE)
This 15 St*ed after tharging..
2023
2022
Depreci*ion of tangib￿ fixed assets..
- owned by the charitable company
Audittys. remunèrabon- audht
57.836
2.073
59.565
2.065
The Trustees have not received (w obtained any remuneration c* other financid benefits for Ihe year
direclly or Indir￿uY from the chaTilAbJ8 companls funds.
Page 19

LINDUM SPORTS ASSOCIATION LI￿￿ED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
10. STAFF COSTS
Staff costs were as folbws..
2023
2022
Wages and salaries
58.651
48.937
The average wmber d pers￿$ emttyd by the charitabfe company during the year was as follows..
2fj23
2022
Total ernpbyees
No gmployee r￿1ved remunerati￿ amounting to more Ihan £60,CW in either year.
11. TANGIBLE FIXED ASs￿s
AGP and
special
projects
Freehold
Plant &
property machintry
Total
Cost
At 1 &DriI 2022
Additi'on5
295.708
229.127
117
819.1105
11.030
1.343,840
19.217
Al 31 March 2023
295.708
237.314
830.035
1,363,OS7
O?pr•ciation
At 1 April 2022
Charge for the year
128,590
6.380
187,990
10.106
295.007
41,350
611.$87
57,836
At 31 March 2023
134.970
198,096
336.357
669,423
N•t book valu•
At 31 MarGh 2023
160.738
39.218
493.678
693,634
At 31 Marth 2022
167. 118
41,13T
523,998
732,253
Induded in freehold propety is land al cost of £3.434 which is not deprecAaled.
Charges exist against the property in reklion to the Wential dav4bac* of monTres recwved from England
. Hockey and English Sports Council.
Page 20

LINDUM SPORTS ASSOCIATION UMrrED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
12. STOCKS
2023
2022
Good5 resae
4,240
4,256
13. DE8TORS
3023
2022
Trade debtors
Prepayments and aecrued income
354
14.201
26.004
8.675
22,635
34.679
14.
CREDITORS: Amounts falllng du• t*ithin one year
2023
2022
Other k)8ns
Tfade creditors
Other taxaty.on and scoal security
Accruals and deferre(1 incrrfne
50.000
10.003
5.045
5.471
8,56T
7.312
6,472
70.519
22.351
Deferred income
Deferred incixne at 1 April 2022
R￿￿UrceS deferred during the ￿ar
Arnounts released from prev¢ous years
4,438
4,438
14,4381
Deferred incryne al 31 March 2023
4,438
Defeffed income re￿Sents invtiices for the use of tsollie5 raised in advance.
15. CREDITORS.. Amounts falling dv• after more than one yeaT
2023
2022
Olher loarbs
20,000
70,000
A Tnjslee made a loan to Ihe ¢harilable crn)pany of £30.000. Ouring the previous years £10.000 was
repaid leaving a balanc8 of £20.0￿). The loan is unsecured and carries interest at per annum which
has be8n waived by the Truslee as a donab.on to Ihe charity.
Page21

LINDUM SPORTS ASSOCIATION UMrrED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IAARCH 2023
16. SHARE CAPITAL
2023
2022
Allotted. called up and fvlly pald
32.651 Ordinary Shares of £1 eath
32.651
32,651
17. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at
31 March
2023
Balance at
1 Wil 2022
Tr4nsfeffs
Inlout
Income Exponditure
O•signat•d funds
AGP Fund
General Sinking F￿d
Squash Club
Loan Repayrnent Fund
Cri¢ket Club
160.000
34,450
2.197
34.000
700
20.000
{1.003)
P.1971
16.000
180,000
33.447
50,OOD
70Q
231.347
32.800
264,147
General funds
General funds
Share capital
276.056
32,651
242.249
1218.762)
(32,8001
266,743
32,651
308,707
242.249
1218.762)
132,8001
299,394
Total Unrestricted funds
540.054
242,249
{218.762)
563.541
Restricted fvnds
Restricted AGP fund
Air conditioning
129.$47)
3S1,421
5DD
381.468
129.547)
351,921
Totsl of lunds
921.522
242.249
1248,309)
915,462
Page 22

UNDUM SPORTS ASSOCIATION UMITED
NOTES TO THE FINANCJAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
17. STATEMENT OF FUNDS Icontinuedl
STATEMENT OF FUNDS- PRIOR YEAR
Balance 81
31 Maffh
2022
Balance al
1 Apnl 2021
Transfers
In¢tyng Exwdrture
Design*ed fvnds
AGP Fund
General Sinklng Fund
Squash Club
Loan Repayment Funt1
Crickel Club
138,466
40.IXXI
2. 197
20.000
21,534
(5.550)
160,000
34,450
2,197
34,000
TOO
14.¢X
700
200.663
700
29.984
231,347
General funds
G¢neral funds
Share capital
274.445
32.651
221.683
(t90.088J
(29.984J
276,056
32,651
Total Unrestricted funds
7.759
333.383
ff90.088J
540,054
Restricted funds
Restricted AGP fvnd
Air conditioning
411.122
(30.154)
380,968
500
411.622
(30. 154)
381.468
Totsl of funds
919.381
222.J83
(220,242)
921,522
SUMMARY OF FUNDS-CURRENT YEAR
B8lan¢e at
31 Mare
2023
Balance at
1 Awil 2022
Transfers
Inlout
In¢ome Exp¢nditur¢
Designated funds
General funds
231.347
XI8.707
32.800
132,8001
264.147
299.394
242,249
1218.762)
540.054
381.468
242,249
{218.762)
{29.5471
563.541
351,921
Restricted funds
921.522
242.249
1248.309)
91S.462
Page 23

UNDUM SPORTS ASSOCIATION LIAIITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
17. STATEMENT OF FUNDS {continuedl
SUMMARY OF FUNDS- PRIOR YEAR
Balance at
31 March
2022
BalanGe at
l Apiil 2021
Tr8nsfers
out
Income Expent*lure
Designated funds
General funds
200,663
307.096
7(Kl
221.683
29.984
(29.984J
237,347
308, 707
(190,088)
507.759
411,622
222.383
(190.088)
(30. 154)
540,054
387.468
R•strtied funds
919.381
222.383
(220,242)
921,522
The designated AGP fund represents money set aside for fubjre refurbishment ar￿ repair I￿rk per the original
agièèment wTrth England and England Hockey.
The designated gener￿ sinking fund represents money set aside for the future development of the clubhouse
and other facilib"es.
The designated loan repayrnenl fL￿d represents money set aside lor luture k>an repayTrents.
The designated crricket fun¢J represents money sel aside for fLrture capital expenditure.
The deswjnated squash dub lund represenled m￿eYf¢* the of the squash cknb.
The restricted air conditionirvJ fund represents money received for future imF￿VeMents.
The restricted AGP lund represents fixed assets wrchased by restricted grant *Jnding.
ANALYSIS OF 14ET ASSETS BETWEEN FUNDS
Re5triet•d Unrnstrict
funds
fvnds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one Jtar
351,421
342.213
311.847
170.5191
120.0001
693,634
312,347
170.5191
120,0001
351,921
563.541
915,462
Page 24

LINDUM SPORTS ASSOCIATION LIMITED
NOTES ro THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANALYSIS OF NET ASSETS BETWEEN FUNDS leontinu•d)
ANALYSIS OF NET ASSETS BErnEEM FU14DS- PRIOR YEAR
Restncted Unrestricted
ffunds
runds
2022
2022
Tol
funds
2022
Tangible fixed assels
Current assets
Creditors dve vitthin one year
Creditors due in more than one year
380.968
350, 784
281,620
(22.350J
(TO,000)
732,252
281,620
(22.350)
{70,OOOJ
381,468
540.054
921,522
19. RELATEO PARTY TRANSACTIONS
The charitabje company is contrc41ed ty its Truslees.
There have been no transaction$ ￿ balances that a￿ required to be disdosed under FRS 102 other than
as disclosed in notes 9 and 15.
Page 25