2024-02-29-accounts

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CROSSPOOL AND DISTRICT YOUTH SPORTS TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 REGISTERED CHARITY NUMBER 523911

	Page
TRUSTEES’ REPORT	1-3
INDEPENDENT EXAMINERS’ REPORT	4
STATEMENT OF FINANCIAL ACTIVITIES	5
BALANCE SHEET	6
NOTES TO THE FINANCIAL STATEMENTS	7-8

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 03 2023 To 29 02 2024

Section A Reference and administration details

Charity name Crosspool and District Youth Sports Trust

Other names charity is known by C.D.Y.S.T.

Registered charity number (if any) 523911

Charity's principal address (for correspondence)

Coldwell Lane, Crosspool,

Sheffield Postcode S10 5TL

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Mr D Bolsover
	Mrs L Birch
	Mrs S Shirt
	Mr R Beaumont
	Mr R Barnett

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Independent Financial Examiner	Carl Bullement A.C.M.A.	102 Snape Hill Lane, Dronfield. S18 2GP

Name of chief executive or names of senior staff members (Optional information)

Mr Dave Bolsover (Secretary)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust deed

(eg. trust deed, constitution)

How the charity is constituted

Trust

(eg. trust, association, company)

Trustee selection methods

Appointed by the trustees

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Risk management

The trustees examine the major risks that the charity face each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact they may have on future activities.

Accounting and reporting responsibilities

Charity law require trustees to prepare financial statements for each financial year that give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing the attached financial statements, the trustees have: Selected suitable accounting policies and then applied them consistently Made judgements and estimates that are reasonable and prudent Followed applicable accounting standards and the charities SORP. Prepared the financial statements on the going concern basis.

The trustees have overall responsibility for ensuring that the charity has appropriate systems of controls, financial and otherwise. They are responsible for keeping proper accounting records such as to disclose with reasonable accuracy, the financial position of the charity at any time, and to enable that the financial statements comply with charity law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Section C Objectives and activities

The objects of the charity are to help and educate boys and girls through Summary of the objects of the their leisure time activities so as to develop their mental and spiritual charity set out in its capacities so that they may grow to full maturity as individuals and governing document members of society and that the conditions of their lives may be improved. Summary of the main Current regular activities include a local junior football club, Scoil Rince activities undertaken for the Irish dance, keep fit, badminton, Makenki Karate clubs, tae kwando, public benefit in relation to aikido classes, The Academy children & Adults physical training these objects (include within (Daytime), Salsa Beat/Zumba, indoor childrens football, Indoor Bowls this section the statutory (seasonal), Science club (in school holidays) plus occasional bookings declaration that trustees have for various meetings / activities. had regard to the guidance issued by the Charity Commission on public benefit)

Section D Achievements and performance

In general, we are continuing to improve facilities at the hall. Summary of the main achievements of the charity The sit-on mower has been renewed (now battery powered) and a new during the year mechanical cleaning machine has been acquired. We are continuing to have an increase in bookings for one-off parties & also regular groups. New users have found us through our website, social media & word of mouth. Claremont hospital continue to rent our car park. We now do not accept cash payments. We have a charity PayPal account which has an invoice and tracking system and is working well. A new online booking system has been introduced. We now also have a further payment method via Stripe.

We have continued to improve the facilities.

Section E Financial review

The trustees have continued to put improved facilities in place wherever Brief statement of the possible whilst maintaining an adequate level of reserves to ensure that charity’s policy on reserves the charity will be able to continue to operate for the foreseeable future.

Details of any funds materially in deficit

Section F Other optional information

Car parking spaces are still used by Claremont. This is helping the local community as there have been issues with staff parking on residential streets.

The investment accounts have been closed and the funds have been deposited into the savings account.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s)[Mr David Bolsover ] Position (eg Secretary, Chair, Secretary etc) Date

Independent examiner's report on the accounts

Report to the trustees/ members of[Crosspool and District Youth Sports Trust]

On accounts for the year Charity no 29th February 2024 523911 ended (if any) Set out on pages[5 - 8]

Respective responsibilities of The charity's trustees are responsible for the preparation of the accounts. The trustees and examiner charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 43 of the 1993 Act,
to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 43(7)(b) of the 1993 Act, and
to state whether particular matters have come to my attention.

Basis of independent My examination was carried out in accordance with general Directions given by the examiner’s statement Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's In connection with my examination, no matter has come to my attention

statement

which gives me reasonable cause to believe that in, any material respect, the  to keep accounting records in accordance with section 41 of the 1993  to prepare accounts which accord with the accounting records and

have not been met ; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Carl Bullement A.C.M.A.

Date:

Relevant professional Chartered Management Accountant (CIMA)

Address: 102 Snape Hill Lane, Dronfield S18 2GP

Page 4

	Crosspool and District Youth Sports Trust	Crosspool and District Youth Sports Trust	Crosspool and District Youth Sports Trust	Charity No (if any)	523911	CC17a
	Annualaccountsforthe period
	Period start date	01/03/2023	To	Period end date	29/02/2024

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Grants & Donations S01 Activities for generating funds Lettingof Premises S02 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Gains and losses on investment assets Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources*		Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
		-	-	-	-	-
		200	-	-	200	200
		26,942	-	-	26,942	26,057
		1,843 -	-	-	1,843 -	1,763 -
		-	-	-	-	-
		-	-	-	-	-
		25,299	-	-	25,299	24,494

		-	-	-	-	-
		-	-	-	-	-
		40,438	8,206	-	48,644	41,646
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		40,438	8,206	-	48,644	41,646
		15,139 -	8,206 -	-	23,345 -	17,152 -
		-	-	-	-	-
		15,139 -	8,206 -	-	23,345 -	17,152 -

		-	-	-	-	-
		-	-	-	-	-
		15,139 -	8,206 -	-	23,345 -	17,152 -
		124,018	201,491	-	325,509	342,661
		108,879	193,285	-	302,164	325,509

Page 5

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds £ F03	Total this year Total last year £ £ F04 F05	Total this year Total last year £ £ F04 F05
-	193,285	-	193,285	201,491
-	-	-	-	-
-	-	-	-	-
-	193,285	-	193,285	201,491

-	-	-	-	-
-	-	-	-	-
30,255	-	-	30,255	63,548
79,248	-	-	79,248	61,094
109,503	-	-	109,503	124,642

624	-	-	624	624

108,879	-	-	108,879	124,018

108,879	193,285	-	302,164	325,509

-	-	-	-	-
-	-	-	-	-

108,879	193,285	-	302,164	325,509

108,879			108,879	124,018
-			-	-
	193,285		193,285	201,491
		-	-	-

108,879	193,285	-	302,164	325,509

Signature		Date of approval Print Name

Page 6

Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act 1993.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

Note 2 Accounting policies This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are
related expenditure	reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Tax reclaims on donations and gifts	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related
grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably
facilities	quantifiable, measurable and material_._The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and	This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the
losses	year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on
	governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only
conditions	recognised in the SoFA once the recipient of the grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which
performance conditions	remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg
	allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for	These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on receipt.
use by charity
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees'
	best estimate of market value.
Stocks and work in	These are valued at the lower of cost or market value.
progress

Page 7

Section C Notes to the accounts (cont.)

Note 3 Tangible fixed assets

3.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
410,317	-	-	6,267	-	416,584
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
410,317	-	-	6,267	-	416,584
impairment provisions

Basis Rate Balance brought forward Depreciation charge for year Impairment provisions Revaluations Disposals Transfers Balance carried forward Brought forward Carried forward 3.3 Net book value*	SL			SL
	2%			15%

	208,826	-	-	6,267	-	215,093
	8,206	-	-	-	-	8,206
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	217,032	-	-	6,267	-	223,299

	201,491	-	-	-	-	201,491
	193,285	-	-	-	-	193,285

Note 4 Creditors and accruals
4.1 Analysis of creditors Loans and overdrafts Trade creditors Accruals Total	This year Last year £ £ - - - - 624 624 624 624 Amounts falling due within one year			This year Last year £ £ - - - - - - - - Amounts falling due after more than one year
Note 5 Transactions with related parties
5.1 Remuneration and benefits

Name of trustee or connected party	Name of trustee or connected party	Legal authority (e.g. order, governing document)	Amounts paid or benefit	Amounts paid or benefit
			This year £	Last year £
			NONE	NONE
Due to trustees and related parties Due from trustees and related parties Legal authority 5.3 Other transaction(s) with trustees or relatedparties 5.2 Loans ~~Name of~~ trustee or connected ~~party~~
	~~Name of~~ trustee or connected ~~rt~~	Legal authority	Amount owing
			This year £	Last year £
	~~pay~~		NONE	NONE
			NONE	NONE

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	This year £	Last year £
David Bolsover	Trustee	Facilities management	4707	3600

Page 8

CDYST Financial Activities March 2021 - February 2024

	Mar 2021 - Feb 2022 Mar 2022 - Feb 2023 Mar 2023 - Feb 2024
Income	1,188.00 1,944.00 2,088.00 600.00 576.00 821.15 499.87 7,950.00 7,950.00 7,950.00 200.00 2,300.00 2,300.00 2,675.00 200.00 10,496.00 1,200.00 1,275.00 1,275.00 496.14 460.64 1,092.00 1,092.00 882.00 9,600.00 2,208.39 3,908.03 7,930.72 400.00 400.00 920.25 2,038.80 1,066.50 954.00 1,493.82 943.67 882.00 1,302.00 728.00 2,084.47 112.00 472.00 504.00
Aikido Allstars Football B Clayton Claremont parking Crosspool Forum Crosspool Juniors Donations and legacies Government Grant Indoor Bowling Jamie Green Makenki Masons Other income Polling Station Rugby Salsa & Zumba Scoil Rince The Academy Tricky Wingers Total Income Total
	£ 42,059.25 £ 26,257.44 £ 27,142.76
	£ 42,059.25 £ 26,257.44 £ 27,142.76 594.00 624.00 624.00 1,090.00 260.00 145.40 250.00 1,870.00 1,795.36 2,480.73 80.00 681.29 1,757.60 1,748.76 3,600.00 4,706.98 5,700.00 7,471.35 7,567.70 8,288.78 735.04 1,918.28 1,262.82 1,403.19 1,692.22 343.20 368.54 244.78 39.99 120.00 76.68 1,470.12 939.20 1,173.86 9,623.88 38.89 66.44 251.49 599.20 1,126.40 9,004.15 6,220.24 12,652.73 4,598.40 343.90 199.32 429.87 346.86 680.20 661.94 1,067.63 639.29 631.25 779.73
Expenditures
Accountancy Booking Secretary CCTV Cleaning Computer Costs Electric Facilities Management Services Garden maintenance Gas Insurances Internet / Website Office/General Administrative Expenses Other Professional Services Paypal fees Pitch maintenance Playground Printing, Postage and Stationery Rates Repairs and maintenance Secure Door System Security Telephone Travel Waste disposal Water Total Expenditures
	£ 39,208.34 £ 33,439.78 £ 40,437.56
Net Operating Income	£ 2,850.91 -£ 7,182.34 -£ 13,294.80 17.34 108.75 743.32 901.96 -1,871.30 -2,587.09
Other Income Interest received Investment income Total Other Income Other Expenditures Depreciation Total Other Expenditures Net Other Income
	£ 919.30 -£ 1,762.55 -£ 1,843.77 8,206.00 8,206.00 8,206.00
	£ 8,206.00 £ 8,206.00 £ 8,206.00
	-£ 7,286.70 -£ 9,968.55 -£ 10,049.77
Net Income/(Expenditure)	-£ 4,435.79 -£ 17,150.89 -£ 23,344.57

CDYST Balance Sheet

As of February 29, 2024

Fixed Asset Tangible assets Buildings Cost/Valuation Depreciation Total Buildings Total Tangible assets Non-Current Assets Old Mutual *351 Quilter 694** Old Mutual 360 Quilter 778 Total Non-Current Assets* Total Fixed Asset Cash at bank and in hand Cash on hand Lloyds - Current Lloyds - Savings Paypal Scottish Widows Total Cash at bank and in hand Debtors Debtors Total Debtors Net current assets Creditors: amounts falling due within one year Current Liabilities Accruals Total Current Liabilities Total Creditors: amounts falling due within one year Net current assets (liabilities) Total assets less current liabilities	28 Feb, 2023 Mar 2023 - Feb 2024 Movement
	0.00 410,317.00 410,317.00 0.00 -208,826.00 -217,032.00 -8,206.00 £ 201,491.00 £ 193,285.00 -8,206.00 £ 201,491.00 £ 193,285.00 -8,206.00 37,189.14 0.00 -37,189.14 26,358.16 96.12 -26,262.04 £ 63,547.30 £ 96.12 -63,451.18 £ 265,038.30 £ 193,381.12 -71,657.18 130.00 130.00 0.00 5,265.60 4,612.14 -653.46 24,273.95 74,435.36 50,161.41 1,265.98 70.64 -1,195.34 30,158.75 30,158.75 0.00 £ 61,094.28 £ 109,406.89 48,312.61 0.00 0.00 0.00 £ 0.00 £ 0.00 0.00 £ 61,094.28 £ 109,406.89 48,312.61 624.00 624.00 0.00 £ 624.00 £ 624.00 0.00 £ 624.00 £ 624.00 0.00 £ 60,470.28 £ 108,782.89 48,312.61 £ 325,508.58 £ 302,164.01 -23,344.57 £ 325,508.58 £ 302,164.01 -23,344.57 355,771.81 355,771.81 -13,112.34 -30,263.23 -17,150.89 -23,344.57 £ 325,508.58 £ 302,164.01
Total net assets (liabilities)
Charity funds Opening Balance Equity Retained Earnings Surplus/(Deficit) Total Charity funds

CONTENTS