COMPANY REGisfRATION NUMBER: 02494406
CHARITY REGI￿RATION NUMBER: 702897
Millom Recreatlon Centre Limited
Company Limlted by Guarantee
Unaudited Financial Statements
31 July 2025
SAINT & CO
Chartered accountants
12113 Church Street
Whltehaven
Cumbria
CA28 7AY

Millom Recreation Centre Limited
Company Limited by Guarantee
Flnanclal Statements
Year ended 31 July 2025
Page
Trustee5' annual report lincorporating the dlrector'5 report)
Independent examiner's report to the trustees
Ststement of financial activlties (including income and expenditure accounll
Statement of financial p05ition
Notes to the financial statements
The followlnB pa8e5 do form part of the financlal statements
Detailed statement of financial artivf(ies
20
Notes to the detailed statement of financial activitie5
22

Millom Recreation Centre Llmited
Company Limited by Guarantee
Trustee5' Annual Report Ilncorporatlng the Dlrertor's Report)
Year ended 31 Juty 20Z5
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudlted financial ststements of the charity for the year ended 31 luty 2025.
Reference and administratlve detai15
Re8i5tered tharlty name
Millom Recreatlon Centre Limited
Charfty reglstratlon number
702897
Company registration numbèr
02494406
Prlnapal office and registered
office
L?ncashire Road
Mlllom
Cumbria
LA18 4BX
England
The trustees
M Giles
N Tomlinson
D BllllnE
H Maiden
B Moyle Rossei
(Retlred 16 November 20251
IAppointed 16 September 20251
(Appointed 16 Seplember 20251
Company Secretary
D E Tyson
Independent eKaminer
lan Scott BAlhonsl,FCA,DChA Salnt & Co.
12113 Church Street
Whitehaven
Cumbria
CA28 7AY

Millom Recreation Centre Llmited
Company Llmlted by Guarantee
Trustees, Annual Report {Incorporatin8 the Dlrector's Reportl icon￿￿￿¢￿1
Year ended 31 July 2025
Structure, governance and management
The Company is a regISte￿d Charr(y limited by guarantee. The Chority wa5 incorporated on 20 April 1990.
Rl$k Management
The Trustees have examined the major strate8lc, business and operational risks which the charity fa￿S
and confirm that systems have been established to enable re8ular reports to be produced so that the
necessary steps can be taken to lessen the risks.
Key Management Personnel Remuneratlon
The trustees consider the Board of Trustees and the manager as comprising the key management
personnel of the charity In charge of diretting and controlling the charity and running and operating the
charity on a day to day basis. All trustees give of their time fieely and no trustee remuneration was paid in
the year.
The pay of the charity's Manager is reviewed and assessed in accordance wrth average earnings. The
remuneration is also bench-marked wtth charlties of a similar Size and activity to ensure that the
remuneration set ig fair and not out of line wrÉh that generally paid for simllar roles.
Objertlves and artivltles
The objectwes of the centre are to provlde or assist in providing facilities for recreation, physical
education or other leisure tlme occupation in or in connection with Millom and its neighbourhood.
We have refer￿d to the guidance contained in the Charlty Commlsslon's general suidance on public
benefit when ￿VIeWIng our alm and objectives and in planning our future attivf(ies. In particular, the
Tmstees consider how planned activStles will contribute to the aims and objective5 they have set.
Achlevement5 and pertomiance
Over the past year, Millom Recreation Centre has continued to play a vital Tole in supportin8 the health,
wellbeing and Social connection of our community. Despite ongoing challenge5 across the leisure sector,
the centre ha5 maintained strong engagement through a diverse programme of activitles, welcoming
users of all ages and abSlltles.
Durin8 the year there was an accident Involving a vehicle causing damage to the structure of the buildlng.
Unfortunately the facility had to close for a period of time whilst the dama8e was rettified.
Throughout the period of closure following the car accident, the busine55 experienced an unavoidable
loss of income due to the 5U5pension of normal operations. As a result, revenue was significantly reduced
while fixed costs and overheads continued to accrue. This disruption has had a dirett impact on the
compan￿$ financial position for the period, and the associated losses have been reflected accordingty in
the account5.

Millom Recreation Centre Limlted
Company Limited by Guarantee
Trustees, Annual Report Ilncorporatlng the Dlrertor's Report) ftontlnuedl
Year ended 31 July 2025
Financial revlew
Following a deficit for the year of £37,598 there wa5 a total of £42,184 in net assets on the general fund
and £8,568 on the restrided fund.
Resenos Polity
It is the policy of the charity to malntain unrestricted fund5, which are the free reserves of the charky, at
level which equates to about twelve months unre5tTiCted expenditure plus an allowance for any forecast
shortfall on project expendrture.
This provides sufficieni funds to cover management and
administration and sUPlXIrt cost5.
Plan$ for future periods
The Centre will contlnue to provide seNices to Millom and the surrounding area5, including gymnastics
and activitles durin8 school holidays. The Centre will conllnue to work in a safe and complianl manner.
adherlng to all Hea￿h and Safety company policies, The year ahead will see a new project to "future
proof, Millom Recreation Centre. This will con515t of the in5tallalion of a climbing wall. an energy survev.
establlshing a 5UStainable heating source and the resurfacing of the car pa￿, with disabled bays and EV
charging points. The Centre will continue its successful Gymna51ic5 Club, a variety of adult exercise classes
and provision for local sports clubs and sthools. Our school holiday activities will continue, with the help
of HAF fvndin& to provide a free hot meal for those who would normally receive a free school meal. We
will continue to work with the Millom Town Deal. in preparation for the new Hea￿h and Wellbeing
Centre, to work alongside our own well established Centre.
Small company provisions
Thls report has been prepared in accordance with the provision5 applicable to companie5 entitled to the
small companies exemption.
The tru5tees' annual report was approved on 11 June 2026 and Signed on behalf of ihe board of trustees
by..
M Giles
Trustee

Millom Recreation Centre Llmlted
Company Limited by Guarantee
Independent Examiner's Report to theTrustees of Mlllom Recreatlon Centre Llmlted
Year ended 31 July 2025
I report to the trustees on my examination of the linancial Statements of Millom Recreation Centre
Limited I'the charity'l for the year ended 31 July 2025.
Respon$lbS1itles and bas15 of report
As the trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the financial staternents in accordanee with the requirements of the
Companies Att 2CQ61'ihe 2C()6 Act'l.
Having satlsfied myself that the accounts of the company are not required to be audlted under Part 16 of
the 2006 Act and are eligible for independent exarnination, I report in respe￿ of my examination of the
charivs accounts as carried out under section 145 of the Charrties Act 20111'the 2011 Act'l. In carrying
out my exarnlnation I have followed the Dlrettions given by the Charity Commission under section
1451Sllbl of the 2011 Att.
Independent examlner's ststement
I have compleied my examination. I confimi that no matters have come to my attention in connection
wlth the exarnination 8ivin8 me cause to believe..
accounting record5 were not kept in respect of the charity as reqUI￿d by sectlon 386 of the
2006 Act; or
the flnantial statements do not accord wf(h those ￿COrdS,. or
the financial statemenis do not Comp￿ with the accounting requlrements of section 396 of the
2006 Acl other than any requirement that the accounts give a 'true and fair, view which IS not
a matter considered as part of an independent examination,. or
the financial statement5 have not been prepa￿d in accordance wf(h the method5 and
principle5 of the Statement of Recommended Practice for accouniing and reporting bv
tharrties applicable to charilies preparlng their accounts in accordance wi(h the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.

Millom Recreation Centre Limlted
Company Llmited by Guarantee
Independent Examlner'5 Report to the Trustee5 of Mlllom Recreation Centre Limited
Ic4inth¥edl
Year ended 31 July 2025
I have no concerns and have come across no other matters in connection WFth the examination to whlch
attention should be drawn in thi5 report in order to enable a proper under51anding of the )ccount5 to be
reached.
lan Scott BAlhonsl,FCA,DChA
Saint & Co.
Independent Examiner
12113 Church street
Whitehaven
Cumbria
CA28 7AY

Millom Recreation Centre Limited
Company Limited by Guarantee
Statement of Flnancial Artivities
{includln8 income and expenditure account)
Year ended 31 July 2025
2025
Restricted
funds Total fund5
2024
Unrestritted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
63
122,767
377
48,762
18.7921
48,826
113.975
377
57,080
131,834
242
Total income
123,207
39,970
163,178
189,156
ExpendSture
Expenditure on charitable activities
154,373
46,402
200,776
186,799
Total expendlture
154,373
46,402
200,776
186,799
Net lexpenditurel/in¢ome and net
movement In funds
131.1661
16.4321
137,5981
2,357
Reconclliation of fvnds
Total funds biought forward
Total funds carried fonvard
73,350
15,C
88,350
85,993
42,184
8,568
50,752
88,350
The statement of financial acllvlties includes all gains and losses recognised in the year.
All Intome and expenditure derive from continuing activities.
The notes on pages 9 to 18 form part of these financlal statements.

Millom Recreatlon Centre Limited
Company Umlted by Guarantee
Statement of Flnanclal Posltlon
31 July 2025
2025
2024
Note
Flxed assets
Tangible fixed a$5ets
14
23,753
29,648
Current assets
Stocks
Debtor5
Cash at bank and in hand
15
16
1,5Th)
4,096
30.927
1,5
1,537
63,604
36,523
66.641
Credltors: amounts falllng due wlthln one year
Net current assets
17
9,524
7,939
26,999
58,702
Totsl assets lès$ current liabllltles
50,752
88,350
Net assets
50,752
88,3SO
Funds of the charlty
Restricted funds
Unrestricted funds
8.568
42,184
15.000
73,350
Total charity funds
18
50,752
88,350
For the year ending 31 july 2025 the charity was entltled to exernption from audit under settion 477 of
the Companies Act 2006 relating to small companie5.
Dirertors, responsibilities..
The members have not required the company to obtain an audit of tts financial statements for the
vear In question in accordance wlth seetion 476-
The directors acknowlEdge their responsibilitie5 for complying with the requirements of the Act wtth
respect to accounting records and the preparation of f inancial statements.
These financial staternents have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
The statement of financial wsltlon
continue5 on the following page.
The note5 on pages 9 to 18 form part of these financlal statements.

Millom Recreatlon Centre Limited
Company Llmlted by Guarantee
Statement of Financlal Posltion icontthuedl
31 July 2025
These financial statements were approved by the board of trustees and authorised for issue on 11 lune
2026, and are slgned on behalf of the board by..
m G-,1£
M Gile5
Tru51ee
The note5 on pages 9 to 18 form part ol these IFnancial statements.

Millom Recreatlon Centre Llmlted
Company Llmlted by Guarantee
Notes to the Flnanclal Staternents
Year ended 31 July 2025
General Infomiatlon
The charity is a public benefft entily and a private company limrted by guarantee, registered in
EnBland and Wale5 and a reglstered charity in England and Wales. The addre55 of the registered
office is LancaShI￿ Road. Millom, Cumbria, LA18 4BX, England.
Slatement of compliance
These financlal staternents have been prepared in compliance with FRS 102, Yhe Financial Reporting
Standard applicable in ihe UK and the Republic of Ireland, the Statement of Recommended Practice
applicable to Char￿￿eS preparing their accounts in accordance with the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies
Art 2006.
Accountlng policles
Basls of pweparatli
The Charlty has taken advantage of the exemption in ihe Financial Reporting Siandard No I Irevised
19961 from the requirement to produce a cash flow statement on the grounds ihat it qualrfies as a
5rnall charity.
Golng concem
There are no material Un￿rtaIntleS about the charity's ability to continue.
Dlsclosure exemwlons
The charity has taken advantage of the disclosure exemptions permitted by the Charities SORP 2015
IFRS1021 regarding the inclusion of a Statement of Cash Flow5 as the Charity Is a small charity as
deflned in Update Bulletln l of the Charities SORP IFRS1021.

Millom Recreation Centre Limited
Company Llmlted by Guarantee
Notes to the Financial Statements l¢ontlJwedl
Year ended 31 July 2025
Accountin8 pg1i¢ie5 (mntl•uedJ
Judgements and key sources of estlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed ond are based on experience and other factor5, includin8 expectation5 of future events
that are believed to be rea50nable under the circumstances.
Slgnlll¢ant ludgements
The trustees consider there were no signrflcant judgements in preparing the financial statements.
Key sources of estlmation uncertalnty
Accounting estimates and a55umptions are made concerning the future and. by their nature, will
rarely equal the related actual outcome. The trustees consider there a￿ no key sources of
estlmation uncertainty.
Fund accountln8
General funds are unrestriLted which are available for use at the discretion of the trustees in
furtherance of the general object￿e5 of the charity and whi¢h have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is Set out in the notes to the financlal
statements.
Re5trirted funds are funds whlch are to be used in accordance wtth specific
re5trittlons imposed by donors or which have been raised by the charity for particular purposes.
The cost of raising and administering such fund5 are charged against the specific fund. The aim and
use of each restrlcted fund is set out In the notes to the financial statements.
Investment Income ènd gains are allocated to the appropriate fund.
io

Mlllom Recreation Centre Llmited
Company Llmited by Guarantee
Notes to the Financlal 5tateMentSlrontln￿1)
Year ended 31 July 2025
Accounting poli¢ie5 IrMtl•ue*l
Incomlng resources
All incoming resour￿$ are included in the statement of financial aLtivities when entitlement has
passed to the charity,. it is probable that the economic benefrts associated with the transaction will
flow to the charlty and the amount can be reliably measured. The following specific polities are
applied to particular categorie5 of Income:
income from donations or grants 15 recoEnised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliablv.
legacy in¢ome is recognised when receipt 15 probable and entitlement is established.
income from donated goods is measured at the fair value of the good5 unless this is irnpractical
to measure reliably, in whKh case the value is derived from the cost to the donor or the
estimated resale value. Donated facllitie5 and Se￿iCe$ are recognised in the account5 when
received if the value can be reliably measured. No amounts are included for the contribution of
general volunteers.
income from tt*ntrarts for the Supply of seryices is reco8ni5ed wr(h the delivery of the
contrarted service. This is classified as unrestriLted funds unless there Is a contractual
requirement for It to be spent on a particular purpose and returned if unspent, in which case il
may be re8arded as restricted.
Re50urce5 expended
All expenditure 15 aCCOUnted for on an atcruals basis and has been classified under heading5 that
aggresate all costs ￿lated to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activitles on è basis consistent with use of the resource5.
Costs in respect of Char￿able activtlies relate to the operating Costs of running the recreation centre.
Mana8ement and adminlstration costs are those incurred in connection wlth admlnlstration of the
charity and compliance with constitLrtional and statutory requirèments.
Tanglble asset$
All fixed assets are initlally recorded at cost.
Oepieclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residLTral value,
overthe useful economlc life of that asset as follows..
Fixtures and fittings
Eouipment
15% reducing balance
20% reducing balance
li

Mlllom Recreatlon Centre Limited
Company Umlted by Guarantee
Notes to the FinancSal 5tatement5 Icortlnuedl
Year ended 31 July 2025
Ac¢ountinB policifjs {wntlntsed}
Impaimient of fixed assets
A review for indicators of impairment is carried out at each reporting date, WTth the recoverable
amount being estimated where such indicator5 exist. Where the carrying value exceeds the
recoverable amoLFnt. the asset is impaired accordingty. Prior impairments are also reviewed for
P055ible reversal at each reporting date.
For the purposes of impairment te5tin81 when it is not possible to estimate the recoverable amount
of an Indlvidual a55et. an estimate Is made of the recoverable amount of the cash-8enerating unit to
which the asset belon85. The cash-generatin8 unit is the smallest identrfiable group of assets that
includes the asset and generates cash inflows that largely independent of the cash inflows from
other assets or groups of assets.
For impairment testing of goodwlll, the goodwill acquired in a bu5ine55 combinat￿￿ is, from the
acquisition date, allocated to each of the cash-Eeneratin8 units that are experted to benefit from
the Synergies of ihe combination, irrespective of whether other a55ets or liabllities of the charity are
asslgned to those units.
Stod(s
Stocks are measured at the lower of c05t and estimated selling price less c05t5 to complete and sell.
Cost includes all costs of purchase, costs of conversion and other Costs incurred in bringing the stock
to ils present locatlon and condition.
Fln8ncl¥l instruments
A financial asset or a financial liability is ￿cOgniSed only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instrument5 are inltially ￿COgnised at the amount receNable or payable includin8 any
related transaction costs.
cUr￿￿t assets and current liabilttles are subsequently measured at the cash or other conslderation
expected to be paid or received and not discounted.
Dèbt instruments are sub5equentty measured at amorti5ed c05t.
Where investments in shares are publ1c￿ traded or their fair value can othemise be measured
ellably. the investment i5 subsequently measured ai fair value with changes in fair value recognised
in income and expendtrture. All other such investments are subsequently measured at tost less
impairment.
12

Mlllom Recreation Centre Limited
Company Umlted by Guarantee
Notes to the Financial Statements (co*thJ￿)
Year ended 31 July 2025
Accounting policies ImTrriftuedl
Flnanclal InstrumentSi¢MthI*
other financial instruments, including derivative5, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest ihat
Is not a market rate, in whlch case the asset is measured at the present value of the future payments
discounted at a market rate of interest for a similar debt instrurnent.
Other financial Instruments are subsequently measured at fair value. with any changes recogni5ed in
the statement of financial activities, with the exception of hedging Instruments in a designated
hed8ing relationshlp.
Financlal asset5 thal are measured at cost or amortised cost are reviewed for objective evidence of
impalrment at the end of each ￿porting date. If there is objective evidence of impairment. an
impaimient loss is recognised under the appropriate heading in the statement of financial activitie5
in which the initial gain wès recognlsed.
For all equity Instruments regardless of stgnificance, and other financial assets that are individually
$18nificant, these are assessed individually for Impairrnent. Other financial assets are either assessed
intlividually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceed5 what the carrying amount would have
been had the impairment not previously been Teco8nised.
Umlted by guarantee
Every member undertake5. if the company 15 dissolved while he or She is a member or within 12
rnonths after he or she ceases to be a member, to contribute such sum Inol exceeding £1) as may be
Ileemed of him or her towards the payment of the debts and liabilltie5 of the company incurred
before he or she ceases to be a member, and of the cost5, char8es and expen5e5 of winding up, and
the adjustment of the rights and of the contrSbutories among themselves.
Donation5 and legacles
un￿strICted
Funds
Restricted Tptal Fund5
Funds
2025
Donatlons
General 8rint5 and donations
Copeland borough couneil. seryice level agreement
63
33,762
15,000
33,826
15,LK
63
48,762
48.826
13

Mlllom Recreation Centre Llmited
Company Llmlted by Guaranlee
Notes to the Flnanclal Statements Iconiinu*dl
Year ended 31 July 2025
Donations and le8acies lt&W¥tlJ￿l
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donatlon5
General 8rants and donations
Copeland borough council - service level agreement
81
41,999
15,000
42,080
15.000
81
56.999
57,080
Charltable artlvltles
Unrestricted
Funds
Restrirted Total Funds
Funds
2025
Hire of hall
Gym hire
Sun bed hire
Refreshments
Spinning
Clothing
Gymnastic fees
Fitness classes
Equipment hire and other sales
31,472
6,485
39
1,684
432
1,953
67,616
12,760
326
18,7921
22.680
6,485
39
1,684
432
1.953
67.616
12.760
326
122.767
18,7921
113.975
Unrestricted
Funds
Restricted Total Fund5
Funds
2024
Hire of hall
Gym hire
Sun bed hire
Refreshments
Spinnin
Clothing
Gymnastic fees
Fitness cla55es
Equlpment hire and other sales
35,237
4,422
15.6681
29,569
4,422
2.527
842
3,535
79,587
10.761
586
2,527
842
3,535
79,587
10.761
586
137,502
15,6681
131,834
14

Millom Recreatlon Centre Llmlted
Company Llmited by Guarantee
Notes to the Flnanclal Statements f¢Mtlnuedl
Year ended 31 July 2025
Investment income
Unreslricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Building society interest re￿1Vable
377
377
242
242
Expenditure on charltable actlvlties by lund type
Unrestricted
Fund5
Restricted Total Funds
Funds
2025
Charitable artivrcles
Support costs
150,316
4,057
46,402
196.719
4,057
154,373
46,402
200.776
Unrestritted
Funds
Restrirted Total Funds
Funds
2024
Charitable artivities
Support Costs
135,050
4,366
47.383
182,432
4,367
139,416
47.383
186,799
Expenditure on charitable activitie$ by activlty type
Activitie5
undertaken
dlrettly Support cost5
Totsl funds
2025
Total fund
2024
Charitable aclivities
Governarn￿ costs
196.719
196,719
4.057
182,432
4.367
4.057
196,719
4,057
200,776
186,799
10. Net {expenditurelllncome
Net lexpenditurellincome is stated after char8in8Jlcreditingl:
2025
2024
Dep￿CIatIOn of tangible fixed asset5
5.895
7,364
15

Millom Recreation Centre Llrnited
Company Llmlted by Guarantee
Notes to the Flnanclal Statements Icon¢lnu•dl
Year ended 31 July 2025
11. Independent examination fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the finoncial statements
3,234
4,346
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follDWS'.
2025
2024
Wages and salaries
92,880
74,073
The average head count of employees during the year was 612024.. 61. The average number of
full-time equNalent employees during the year is analysed a5 follows..
2025
No.
2024
No.
Number of administrative stafl
Number of management Staff
No employee received employee benefi1$ of more than £60,OC(J during the year12024- Nill.
13. Trustee iemuneratlon and expenses
No remuneration or other beneftt5 from employment with the charity OT a related entity were
received by èny trustee.
14. Tangible fixed assets
Fixtures ènd
fittings
Equipment
Total
Cost
At l August 2024 and 31 July 2025
8,406
109,043
117,449
Depreclatlon
At l August 2024
Charge for the year
7,785
94
80,016
5,801
87,801
5,895
At 31 July 2025
7,879
85,817
93.696
Carryingamount
At 31 July 2025
527
23,226
23.753
At 31 July 2024
621
29,027
29.648
16

Mlllom Recreation Centre Llmited
Company Umlted by Guarantee
Notes to the Flnancial Statements Icontlnvedl
Year ended 31 July 2025
15. Stocks
2025
2024
Raw materials and consumables
1,51X)
1,500
16. Debtors
2025
2024
P￿PaYMentS and accrued income
Other debtors
3,453
643
1,537
4,096
1,537
17. Credltois: amounts falling due wlthin one year
2025
2024
Accrtsals and deferred income
Social security and other taxes
9.193
331
7,921
18
9.524
7.939
18. Analysis of charitable fvnds
Unrestrlcted funds
At
l August 202
At
Income Expenditure 31 July 2025
General funds
73,350
123,207
1154.3731
42,184
At
l August 202
At
Income Expenditure 31 luty 2024
General frjnds
74,941
137,825
1139,4161
73,350
17

Millom Recreation Centre Limited
Company Llmlted by Guarantee
Notes to the Flnanclal Statements l(ontinuELII
Year ended 31 July 2025
18. Analysls of charitable funds l¢pnthu
Restricted funds
At
I Au8USt 202
At
Income Expenditure 31 Juty 2025
Restricted Fund- HAF Funding
15,000
39,970
146,4021
8.568
At
l August 202
At
Income Eypenditure 31 July 2024
Restricted Fund- HAF Funding
11,052
51,331
147,3831
15.C
19. Analysis of net 0$5ets belween funds
Unrestricted
Funds
Restricted Total Fund5
Funds
2025
TanBible fixed assets
Current a55els
Creditors less than l year
23,753
27.955
19,5241
23.753
36,523
19,5241
8.568
Net assets
42,184
8,568
50,752
Unrestrirted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditor5 le55 than I year
29,648
51,641
17,9391
29,648
66,641
17,9391
15,000
Net assets
73,350
15,000
88,350
18