Charity r•glstration numbèr SC015011 Iseotlandl
WELLBANK AMENITIES ASSOCIATION
ANNUAL REPORT AND UNAUDITEO FINANCL4L STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

WELLBANK AMENITIES ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts•s
Charlty number (Scotlandl
SC015011
Prlnclpal address
3 Kellas Road
Wellbank
Dundee
DD5 3PE
Independent examlner
Bird Simpson & Co
144 N&th¢ryat*
Dundee
DD14EB

WELLBANK AMENITIES ASSOCIATION
CONTENTS
Pagè
Trustees, report
Independent examiners report
Statement of financial activities
B81an¢e sheet
Notes lo the financial stslem*nl$
7-14

WELLBANK AMENITIES ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their report and fjnancjal ststements for the year ended 30 September 2024.
The financial ststemenls h8ve been prep8red in aC￿[danCe wNh the Charitie8 and Trustee Investment IScotl8ndl
Act 2005, the Chairtie5 Accounts Iscouandl Regulations 2006 la5 amended) and "Accounting and Reporting by
Charities." Statement of Recommended Practice applicAble to thatilies prepanng their accounts in accoidance with
the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021. leffective 1 January
20191.
Objectives and activities
To promote the benefit of the inhabrtants of the area by assoaation vnth local authontles, voluntary organisatlons
and inhabitants in a common effort to advance education and to provide laalities in the interest of social welfare, for
recreation and other leisure lime occupalion with the objecl ol improving the CA)nd11￿S of life of the aforementioned
inhabitants.
To establish, rnaintsin and manage the WellbJnk Village Hall and Park for acfwths promoted by Association
and ils ¢onsliluenl members in fvrtheranctr ol Ihtr above objects or any of them.
Our Charftoble Slalus remains o¢tive and Ina&pèndènlty regulated by offi￿ ofthe s￿ttISh Charity Regulator.
The Association continues to actNety support and organisè fvndfaising events to benefit other Charitable
Organisations.
Achlevements and perfoman
Significant activities and achiev6ments ag8insI obpcti￿s
The financial year ended 301h Seplember 2024 was another challenging but exribng year for the local community
and the charity.
We are delighted lo see that the hall 1$ stil a populaf ¢hO￿e for children's birthday parties and one off function
bookings due to the $pa¢iou$ n81ure ol the main hall. The bar has once again provided much neèded revenu& and
has baen busy throughout the year which wa$ onty pos*bl& to th8 hart1 woth ant1 commilm*nt of our outgoing
and existing Committee.
Thankfully, the hall has managed to relain rts core of regular user groups induding Children's Yoga, Planet Dance,
the Toddler Group and a local RC Car Club. The hall continues to support (he local rnobile post office facAlity
moving frorn the shop to the Village hall lo continue this valuable community service.
The Committee have once again organised several fafflity events Ihroughoul the year and these proved highly
successful. There w88 8 bath lo school dis¢0. Halloween party 4$ well 8$ 8 very popular Christm8$ Fayre and New
Yèars Eve party.

WELLBANK AMENITIES ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Financial review
With the exception of the restricted fun¢Jing towards the playpark in 2023, total income for tne hall has remained
stea¢Jy thanks to the loyaHy of the regular user groups, U)e local community via hall bookings as well as bar takings
from various events.
Hall Hire from user groups and on￿ff bookings dropped slightty to £15,932 from £18,712 in 2023 with some of the
user groups ceasing.
Bar takings dropped slightty to £21.049 from £23.711 in 2023. Thi5 was helped by the hosting of a race night, a
ladies night and the bar bein9 opened throughout the European Championships.
Overall, running costs decreased in line V￿th tumover when compared lo 2023 as would be expected.
Rèpairs and maintenancé costs also decrèasèd sKJnificAnty from £18,599 in 2023 to £4,773 howèvei last years
figure includes various remedial repairs which were covered by a £10,￿0 grant from Awards for All Scotland
including new doors.
The bank and cash balance at the end of the year was £4.056 01 which £1.959 is unrestricted fvnds, and £2,097 is
restricted.
l user groups are encouraged to review the incomelexpendilure on the OSCR web srte, this information 18
available for anyone to view and is displayed within the hall foyer. Minutes of every meeting are displayed on the
notice board alongside AGM minutes and previous years. Fujancial Statements.
Majorrisks
The Trustees has assessed the major risks to whith Ihe charity 18 exposed, and are 6atlsfied that systems are in
place lo miligale exposure lo the major risks.

WELLBANK AMENITIES ASSOCIATION
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Plano for futur• pertt)d•
Suce•s8lon P*nnlng
The Commlttè8 ara yo￿nte•rS who rec8lv8 no bgnèfft In kfind for th8fjr contlnual hard VL1￿, tkne effort and dodScalOon
to the hall. All members of Ihe Committee have arnved on ihe commrttee for various ￿aSOnS but the vision for the
future stsbilty of our communty hall is something we all Sha￿ passionatety. We have had knts of offers of he￿ and
support from various bcals for varrfjus aclMbe6. maintenance and advice. appreciate the support that is gwgn
to the Committee over the year. The Cornmittee ￿ntinue with efforts to fvrther energi5e and engage the communty
to #upport the hall and b)ok forward lo and wekome others lolning the Committee. for fvture devebpments
r•lallng to our communty h811.
Strueturn, gov•rn•ne• and mana9•m•nt
Ilbank and Di¥lrict ArrEn1t￿¥ A8?￿latiOn 18 an uninc0rp0rnt￿ body tstabh'thed und8T a ConJtilution adopt￿ in
Odob8r 2003 8nd amended In Nov&mb•r 2010 and No¥8mbw 2014.
ial 8tat•m•nt8 ￿r•..
R8eruilm8nt anLI Bppointmènt ol trust8OS
The WAA originalty had a Management Committee 0110 and nlyw has a Commttlee of 5 elected members who are
the Charty Trustee$. The elect￿ merT*)erB are apFonl•d at the Annual General Meetlng. although the Committee
4ho h96 lh• pokn*r to ￿kOMe and •ppolnt additlon•l memb8￿ during th• y•8r. Tho minimum numb•r of
Man808menl committ￿ 1$ 5 And the maximum is 15. AJI members of th• Man•gem•nl Committ9• ffl￿1 ￿11￿ •ach
year but may 8tand for re-electk)n,
All Cu￿nt members are famlkqf Wrth the practlcal work 8nd alms of the WAA. Any new mTrknr8 gre provlded on
appointment wth relevant guidancz from existing menknrs on the practul worklngs of the Charity and briefed on
the alrns and purpose that underpin the ethos of our Communty Hall. They are also provNled cop￿8 of the
Constitu￿n, the latest financ￿ BtaIe￿￿nts and a guKle lor Chanty Tru¥teo8. published by OSCR.
Org&ni88tsorJ81 $tru¢lur•
The management Commitlee a￿ Tesponsibk for the daty maintenarKe. wemsing of aclivibes, for monrtoring the
financial pOsit￿Tr of the ABSOriat￿n and the strategK fijture pknnriThJ.
The Truit•e$' report was approved by the Bo¥rd of Trustet
6 January 2025

WELLBANK AMENITIES ASSOCIATION
INDEPENDENT EXAhlNER'S REPORT
TO THETRUSTEES OF WELLBANKAMENMES ASSOCIATION
I report on the ffinandal 8tateTh*nt8 of the cthartty for the year ended 30 September 2024, vthlL* are 8et oui I
pages 5 to 14.
R•*pèctlv• r•ip0n•lblllt￿ of Tru#t••i and •xamln•r
The charity's Trustees are responsibk for the preparalion of the financial Statements in acc4)rdance WTth the
terms of Ihe Charilies and Trustee Inveslments (sc￿￿9nd) Acl 2LX15 and Ihe Charit*s Accounts Iscodandl
Regulations 2￿)6. The charivs Tru3lees consider that Ihe audit requirewwt of Reg￿ation 1011llal to Icl of the
2W6 A¢¢ount$ R*gUlat￿n$ doss not appty. A 1$ my mspon$ibifjty to •X•m1￿ lh* finanual $tat*rn•nts as r¥guirea
nd•r s¢¢tbn 441111¢) olthoNd aThJ to state parttcubr matt•rs ¢om• to my attènllon.
Ba•1• of Ind•p•nd•nt •x*mln¢¢• •tstom•nt
exarnination is carried out in accordance wrth Re9￿ation 11 of Ihe 2￿6 Accounts Regul&tion8. An
•KoMIna￿On Indudos a rtsv6trw of tho accounung record5 ktrpt by thè ¢harlty •nd a comparlson of tho ffnanclal
8lalernonts presenl•d vAth thos• records. 11 also in¢lJde$ Consid•rat￿n of any unusual iterns or disdosures Mi th•
fin8ncial ¥lalwnenl3, and 3¢9ks oxplan8tson3 tru¥lee$ conwning any ¥uth matters. Th? procedures
undertakon do not prowd6 all thè evid6nc& th8t WO￿ bo reqwrod In an audrt and ¢>)nsequonty I do not oxpro
an audit oplnlon on th• gr48n by Ihe finand81 staleThnts.
knd•p•nd•nt •x•mln•rf• •t•t•m•nt
Your att•nth)11 18 drawn to tha fact Ihal th• chanty has Pf•par•d financial statèm8nts In occordancts wth
Accountlng antl r8POrt6ng ty CharitS08 pr•p8rfng th•4r accounts in &ccord8nc• vhth th• Flnanci81 R•pLvllng
Standard apph'c8ble in the UK and Reputlic ol Ireland {FRS 1021 in preference to the Accounung and Reporting
by chan1￿8.. Statement of Recommnded Pra¢aice tysued on 1 April 2005 18 referred to in the extant
regulatK)n6 but has now been wllhdravm.
l und•rnt8nd that th18 h88 been don8 In ordw lor th• th8n¢1￿ 8tat•ments to provN1• • tru• and fgk ¥1•w
a￿rdan¢$ vA¢h G•n•r•lty Att•pt•d A¢rgwnllng Prxt6c• •ff•th• for 1•W￿ng p•rknd$ Wlnnlng on or gft•r 1
January 201 S.
connectlon vhth ffly examInau￿, no othw matt8r oXCOPt that referred lo kn tho pr￿DuS paragraph has come to
my attentlon.,
lal whlch glv8s m• r•asonabl8 causa to bal8ve Ihat In any mat•rfal r&sp8ct lh• r8qulram•nts.'
11) lo ketrp a￿OuntIng ro¢ord$ in a¢crydanco vAih 4411110} of thtr 2Ci15 Act and R•gul81th 4
the 2008 A¢¢ounts Rtgul8tion$', •nd
IMI to prepare financial stalements wh￿h a(xord *ith the acco￿tIng records and compfy Regulauon
8 oflhe 2C¥]6 Accounts Reg￿lIOns.
have not been met or
Ib} lo which. in my opinion. ottentK*n Sho￿ b• dr•*m in ord¥ lo •noNe • proper und•rstsndMig of
financial ¥tsterrffjnts lo bp w?￿h¢d.
Blrd Slmpson & Co
144 Nethergate
Dund¢•
DD14EB
Dated.. 6 January 2025

WELLBANK AMENITIES ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Note8
Income from:
Donations and legacies
Hall Hire
Other trading activities
Investments
3.361
15.931
21.049
37
2.746
16.712
23,711
138,000
140,746
16.712
23,711
15.931
21.049
37
Total Ineomè
37,378
40.378
43.280
138,000
181,280
Expendlture on..
Trading costs
13.837
14.837
15.357
15,357
Charitable 8Ctivitie$
27,703
12,681
26,608
22,681
49,489
Total •xp•ndltur•
41,540
13,681
55.221
42.165
22.681
64,846
Net Incomellexpendlturel
14.162)
110.681)
114.8431
1,115
115.319
118,434
Transfers bts￿eeTh
funds
189
1189)
N•1 mov•m•ni In
fund8
{3,973)
110.870)
114,8431
11S,319
116,434
Reconclllatlon ol funds:
Fund balan¢e8 at 1 October
2023
S,914
11S.319
121.233
4,799
4,799
Fund balance8 at 30
September 2024
1,941
104,449
1(￿,390
5.914
115,319
121,233
The statement of financial activrties indudes al gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

WELLBANK AMENITIES ASSOCIATION
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
2023
Mots•
Flx•d ••Mts
Tangibk assets
13
101.449
114,130
Curr•nt a8•ei•
D•blor$
Cash at bank and ￿ hand
14
4.056
8,117
4.941
7,103
N•t ¢urr•nt ••••t•
4.941
7.103
Totsl *u•ts l•u ¢urY•nt Ilablltl••
1C6.390
121,233
Th• fund• ol th• ¢h•rlty
Restrkted Income fvnds
Unr•$lrfcl•d fvnds
15
104,449
115,319
5,914
1Cfj,390
121,233
Trip fiiiaiir.ial slalpiiipiits were 8pproved by the Truslep8 nii ') .laiiuaiy 2025

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies
1.1 Accoun¢ing convention
The finanaal statements have been prepared in accordance with the charity's Igoveming documentl, the
Charities and Trustee Investment Iscotlandl Act 2CH)5. the Charities Accounts Iscouandl Regulations 2006
las amended). FRS 102 "The Financial Reporting Stsndard applicable in the UK and Republic of
Ireland" I'FRS 102.1 and the Charibe5 SORP "Accounty'ng and Reporting by Charities. Slalemenl of
Rècommended Practice applicable to chariiE5 preparing theii account5 In accordance wth the Financial
Reporting Standard applicable in the UK an¢J Republic of Ireland IFRS 102}" (effective 1 January 20191. Thè
charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statwnent of
Cash Flows.
The financial slalemenls have departed from the Charities IA¢counts and Report$l Rtrgulalions 2TrJ8 onty to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice lor charit*s apptying FRS 102 rather than the version ol the Statement ol
Recommended Practice which is refeffed to in the Regulabons but which has since been withdrawn.
The financial statements are prepared in steding. which is the funCt￿nal Cjjr￿n￿ of the charity. Monetary
arnounts in these financial statements are rounded lo the nearest £.
The financial $talem&nl$ have been prepafed under the historical ¢o$l convention, Imodified lo includ& the
r¥valu81ion ol frèehold propertiès and lo include investment properti*$ and ¢&rtain ffinan¢o1 inslwm¥nl$ al fair
valuel. The principal accounting policies adopted are set oul below.
1.2 Golng concern
At the lime of approvin9 thg finan¢ial $lal&menl$, lh& Truste¢$ have a ￿aSOnable ¢xp¢¢tation that th¥ ¢h8rity
has adequate resources to continue in opèrational exislence for the fo￿Seeable future. Thus th8 Tru$te•s
continue to adopt the going concern basis of accounling In preparing the finanaal statements.
1.3 Chadtabl• fund•
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objective3.
Restricted funds are subject lo speryfic conditions by donors or grantors as to how they may be used. The
purposes and uses ol the restricted lunds are set oul in the notes to the financial staternents.
Endowment fvnds are subject to specrfK conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income 1$ re¢ognised when the charity 1$ leyalty entitled to it after any p&rft)man¢e conditions have been met,
thè amounts can be measured reliabty, and tt is probabk that income will be received.
Cash donations are recognised on receipt. Other don8tions are re¢x)gnised once the charity ha5 been nots'fied
of thè donation. unless perfomiance condrtions Tequire deferral of the amtsunt. Income tax iecoverable in
relation to donations receNed under or deeds of covenant is recognised at the time of the donatitsn.
Legacie5 8re recogniseil on receipt or othemse rf the Charity has been nottfied of impending distribution.
the atnount is known, and receipt is expected. If the amount is not known. the legacy 15 treated 85
contingent asset.

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢coun¢ing policies
(Continuedl
1.5 Expendlture
Expenditure is rewgnised once there is a legal or construdive obligation to transfer eoonornic benefit lo a
third party, it 15 probabl8 that a transfer of ewnomiG benefits will be required in settlernent, and the arnount of
the obligation can be measured reliably.
Expenditu￿ is classified ty aclivty. The costs of each aclwity a￿ made up of the total of dIr￿t costs and
sha￿d costs. induding support costs invofved in undertaking each activity. Direct costs attributable to a single
activity 8re allocated directy to that activty. Sh8red c05t5 whth contsibute lo rnore than one activity 8nd
support Costs which arè ntst attributable to a single activty are apptsrtioned between those activrt*s on a basis
consistent with the use ol resources. Central staff costs are allo¢aled on the basis of lime spent, and
deprèciation charges are allocated on the portion of the assèfs us&.
1.6 T4n9lblè nxèd a*ièt•
Tangible fixed assets are initialty measured at rnst and subsequentty measured at ryjst or valuation. net of
depreciation and any impairment10s5es.
Depreciation is recognised so as to wrile off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Playpark
10% Slright line
Thè gain or loss arising on thé disposal of an a$set 1$ dètèmined as Ihe diffèrèn¢è belwèen the sale pro¢&8d$
and the carrying value of the a$sel. ana 1$ rewnised in the slalemenl of finan¢ial activrties.
1.7 Impalnnent of Ilxed as¥ets
At each reporting end date, the charity ￿vIewS the carrying amounts of rts tangible assets to determine
whether Ihere is any indicalion that those assels have suffered an impaimient loss. 11 any such indration
exists, the recoverable amount of Ihe assel is esbmated in order to deiermine the extent of the impaiment
loss lil any).
1.8 Cash and cash egulvalents
Cash and cash equivalents include cash in hand, deposrts held al call wrth banks, other short-terrn liquid
investments with original malurities of three monlhs or less, and bank overdrafts. Bank overdrafts are shown
wrthin borrowngs in current liabilities.
1.9 Flnanclal Instruments
The charity has elected to apply the provisions ol Seth"on 11 'Basic Financial Instruments, and Section 12
'Other Finanaal Instnjmenls Issues, of FRS 102 to all of its finanaal instnjmenls.
Financial instrurnenls are recognised in the chaiity's balance sheet when Ihe chanty becomes party lo the
contiactual provisions of the instrurnent.
Flnancial assets and liabllrt￿S a￿ offset, wth the net amounts p￿sented in Ihe financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise (he asset and setde ihe liability simulianeousty.
Basic financial assets
Basic finanaal assets, whth indude deblors and cash and bank balan￿s, are initially measured at
transaction price induding transaction costs and are subsequentty carried at aM0￿'Sed cost using the effective
interest method unle55 the arrangemenl constilules a financing transaclion. where the transaction is
measured at the present value of the fulure receipts disrA>unted at a market rate of interest. Finan￿81 assets
classified as receivable within one yeai ale not amotti5ed.

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢coun¢ing policies
(Continuedl
Baslc flnanclal Ilabllltl•s
B8sic financial liabilities. including crediti)rs and bank loans are initwlty recognised at transaction pri￿ unless
the arrangement con5btutes a ffinanong transaction. vthere the debt in5ttument 15 measured at the present
value ol the future payments discounted al a market rate of interest. Financial liabil￿S classified as payable
wbthin one year are not amortised.
Debt instruments are sub5equentty carried at amortised c4JsI. using the effective Inte￿$t rate method.
Trade creditor5 are obligations to pay for good$ or sèrvices that have been acquired in the ordinary course of
operations Irom suppliers. Amounts payable afe cjassthed as current liabilities il payment is due within one
year or less. If not, they are presented as non-current liabilib"es. Trade creditors are recognised inthally at
transaction price and subsequentty measured at amortised cost using the effective interest method.
Dfrrncognition ol financifil liabilities
Flnancial Iiabililies are dere¢ognised when lh& ¢haiity's ¢ontradual obligation$ expire or ar& dl$¢harg&d or
cancelled.
1.10 Employee benefit8
The cost of any holiday &nlrflemenl is r￿n1￿ in th& period in whi¢h th& ¥mploy¥e'$ servths a
received.
Termination beneffts are recognised immediatety as an expense when Ihe charity is demonstrably cornmrtted
lo terminate the employment of an employee or to provide terminalion beneffts.
Crltl¢•l a¢¢ountlng ￿tIM¥t¥# and ludg•mtrnt•
In the application of the charity's accounting polides. the Trustees are requlred to make judgements,
estimates and assumptions about the carrying amount ol assets and liabilth.es that are not readily apparent
from other sources. The estimates and associated assumptions a￿ based on historical experience and other
factors that are considered lo be relevanl. Aclual resums May differ Irom Ihese eslirnates.
The *$tim81*$ and undertying 8$$umplion$ are reviewed on an ongomig basis. Revi$ion$ 10 8¢￿VnI1ng
estimatès are recognisÈd in the period in whith thè estimate is fevised where the ￿vIsiOn affects ￿lY that
pariod, or in thè p•riod of th• rèvision and future p•nods where tha fèvision affects both curr8nt and futurè
periods.
Income from donallons and legacles
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donation5 and gfft5
Grants
361
2.746
2.746
138,000
3.1)00
138.000
361
3.361
2.746
138.000
140.746

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Income from charitsble activitres
unrest￿Cted
funds
2024
Unrestrlcted
fund$
2023
Charitable Activities
Hall Hire
15,931
16,712
Income trom other trading activitle8
Unrgstrt¢tod Unmtrl¢t¢d
funds
funds
2024
2023
Fundraising events
Bar Takings
3.595
17,454
23,711
Total
21,049
23,711
Incom• from Inv••tm•nt•
Unrnstrfcted Unrestrlcted
fund•
fund8
2024
2023
Interest receivable
37
Expendltur• on ral8lng funds
Unyestrlcted Restrlcted
lunds
fund8
2024
2024
Total Unrestrtcted Restrlcted
lund8
fund•
2023
2023
Total
2024
2023
r ¥to¢k
Bar Purchases
13,837
14,837
15.357
15,357
10-

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Expenditure on charitable activities
Running
Costs
2024
Running
Costs
2023
Direct costs
Depreciation and impaimient
Heat & Light
Cleaning
Insurance
Water
Tèlephone 8 Broadban
Alami
Repairs
Licenses
Sundry
12,681
12,￿5
3,401
1,505
2,447
785
404
4,680
500
1,076
12,681
11,370
1,463
1,368
1.708
885
758
18,599
217
440
40,384
49,489
AnalyslB by fund
Unrestricted funds
Re8lri¢ted ftjnds
27,703
12,681
28,808
22,681
40,384
49,489
Net rnovement In fund•
2024
2023
The nel movement in fund$ is slated 8ft&r ¢hargingl1¢￿itirt9l=
DepredaUon ofowned tangible fixed ass&ts
12,681
12,681
10 Tru¥t¢
None ol the Trustees lor any persons connected wrth them) received any remuneration or benefits from the
charity during the year.12023.' nil)
11 Employees
The 8ver8ge monthty number ol employees during the year was=
2024
Number
2023
Number
Total
Thare weie no èmploy8es whose annual remunetatK)n was mor8 than £60.IKJD.
11

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12 Taxation
The chanty is exempt from tsxation on its activibes b￿ause all rts income is appl￿d for charitsble purposes.
13 Tanglblè Ilxèd assèts
Playpark
C￿t
Additions
126,811
At 30 September 2024
126,811
Oepreclatlon and impalnnent
At 1 October 2023
Depreci8bon charged in the year
12,681
12.681
AI 30 September 2024
25,362
Carrylng amount
At 30 September 2024
101,449
AI 30 September 2023
114.130
In 2022123. we were grateful lo receive fvnding towards the design and installation of a new playFork adjacent
lo the village hall. £120,000 was received from Seagreen Wnd Energy and the remaining funds were received
from Turcan Connell %¥hi¢h was used lo purchase new seating at Ihe park.
14 D•btor•
2024
2023
Amounts lalllng du• wlthln on• year:
Trade debtors
Prepaymènts and aecru8t1 incomè
254
631
361
625
885
986
12-

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15 Restricted funds
The restricted funds of the charity wrnprise the unexpended balances of donations 8nd gr8nts hekl on twsl
subject to specific ¢A)ndttions by donor5 as tr) how they may ￿ used.
At 1 Octo￿¢
2023
Ineomlng
r•soure•s
R•sourc•s
èxpended
Transf•rs
At30
September
2024
Seagreen Energy- Playpark
Turcan Connell- Sealing
Tesco Groundwork
CORRA
108,0
6.319
112.000
16811
{1,0001
96,000
5.449
11891
3,000
115,319
113,6811
11891
104,449
Pr¢vlou$ y*•r=
At 1 O¢tobor
2022
In¢omlng
r•8oure•8
R•sour¢•*
•X￿nded
Tr•n$f•rn
At30
S8pt•mbar
2023
Seagréen Enèrgy- Playpark
Turcan Connell- Seating
Awards for All
Tesco Groundwork
120.000
7.000
10.000
1.000
112,0001
16811
iio.0001
108,000
8.319
1,000
136.000
22.681
115,319
18 Unrestrlcted funds
The unrèstricted funds of the charity comprise the unèxpènded balancès of don8tion$ and grants which ar¥
not subject to specific conditions by donors and grantors as to how thèy may bè used. These include
designated funds which have been set aside out of unrestricted funds by ihe injstees for specific purposes.
At 1 October
2023
Incomlng
resources
Resources
expended
Transfers
At30
September
2024
General funds
5,914
37.378
141.540
189
1,941
Prevlous year:
At 1 October
2022
Incomlng
resources
Resources
expended
Transfers
At30
September
2023
General tunds
4,799
43.280
142.165}
5,914
13-

WELLBANK AMENITIES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
17 Analysis of net assets between funds
Unrestrlcted
fund$
2024
Restrlcted
fund$
2024
Total
2024
At 30 September 2024:
Tangible assets
Current 8ssetsllli8bilities
101,449
3.000
101,449
4.941
104.449
106,390
Unr•strlet•d
fund•
2023
R•strlct•d
fund8
2023
Total
2023
At 30 September 2023:
Tangible assets
Current a8setsllliabilities
114,130
1.189
114,130
7.103
5.914
5.914
115.319
121,233
18 Rèlatèd party trnn•actlon•
There were no disdos8ble re18ted party transactions during the year12023- none).
14-