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2025-07-31-accounts

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COMPANY REGISTRATION NUMBER: $C223028 CHARITY REGISTRATION NUMBER: $C032151

Crown Corner Club

Company Limited by Guarantee Unaudited Financial Statements

31 July 2025

RITSONS Chartered Accountants Forbes House 36 Huntly Street Inverness IV3 5PR

Crown Corner Club

;

Company Limited by Guarantee

Financial Statements

Year ended 31 July 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |Page| |Trustees’|annual|report|(incorporating|the|director's|report)|1| |Independent examiner's|report|to|the|trustees|4| |Statement|of financial|activities|(including|income|and| |expenditure|account)|6| |Statement|of financial|position|7| |Notes|to|the|financial|statements|8| |The|following|pages|do|not form|part|of the|financial|statements| |Detailed|statement|of financial|activities|17| |Notes|to|the|detailed|statement|of financial|activities|18|

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Crown Corner Club

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report)

Year ended 31 July 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2025.

Reference and administrative details

Registered charity name Crown Corner Club
Charity registration number $C032151
Company registration number SC223028
Principal office and registered
office
Crown Church
Kingsmill Road
Inverness
IV2 3JT
Scotland
.
The trustees
AR Moore
A Cameron
LS Wemyss
J M Sikkema
J Smith
D F Mason
Company secretary S Darlington
Person towhom day today
Running ofthe charity
Delegated to
FGreen fromAugust2024 to July2025
J Guthriefrom July25 onward
Independentexaminer Gemma Palombo M.A.(Hons) C.A.
Forbes House
36 Huntly Street
Inverness
IV3 5PR
Bankers Virgin Money
15 Academy Street
Inverness
V11JN

-1-

Crown Corner Club

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 July 2025

Structure, governance and management

Governing document 2001.Crown Corner Club is a charitable company limited by guarantee, incorporated on 10 September

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under it's Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment

The trustees of the company are also charity directors for the purpose of company law and are all members of the Management Committee. Under the requirements of the Memorandum and Articles of Association one third of the trustees are required to retire each year. They may offer themselves for re-election.

The Management Committee is recruited from parents of children attending the club supplemented by individuals with particular skills. The Management Committee seeks to have members with teaching, medical, legal and financial skills and the broad skill mix is maintained by approaching individuals to offer themselves for election.

Trustee induction and training Most new trustees are familiar with the work of the charity and where necessary the responsibilities of a director and trustee are explained under the guidance of the Chair of the Management Committee.

Risk management

The activities of the club are regulated by the Care Inspectorate, and management ensure Care Inspectorate standards are met ona day to day basis.

Organisational structure

The Management Committee meets at least once per school term and is responsible for the strategic direction and policy of the charity. The day to day running of the club's activities is under the control of the club leader who liaises weekly with a member of the Management Committee.

Related parties The Memorandum and Articles of Association give the Session of the Crown Church of Scotland the right to nominate one of the trustees. The club rents its facilities from the Crown Church.

Objectives and activities

The company's objects are:-

To promote the care and education of children during out of school hours and school holidays and to promote the provision of facilities for the recreation and other leisure-time occupation of such children in the interests of social welfare with the object of improving their conditions of life by:-

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Crown Corner Club

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continuea)

Year ended 31 July 2025

Achievements and performance

During the year, the Committee explored the potential transfer of ownership of Crown Corner Club to the Care and Learning Alliance (CALA), with the aim of securing the long-term sustainability of the service. An Extraordinary General Meeting was held on 25 September 2024, at which the Committee approved the pursuit of this option.

Subsequent discussions and due diligence were undertaken; however, in January 2025 CALA advised that they were unable to proceed due to changes in their circumstances. The Committee therefore resolved to continue operating the Club under its existing business model. In February 2025, the Club Manager was absent due to ill health. The Senior Playworker acted as Temporary Manager during this period, allowing the service to continue without interruption. The Committee records its thanks for this support. In April 2025, the Club's fees were revised in response to increased staffing and premises costs. The outgoing Manager returned to work later that month and subsequently retired at the end of the school term. A new Club Manager was appointed following a recruitment process and commenced duties in June 2025.

Despite these challenges, attendance levels remained stable throughout the year.

Financial review

The total deficit for the year was £16,906 (2024 deficit - £1,077). The total income for the year shows an increase on last year due to the club returning to normal services.

The Club remains financially sound with reserves carried forward of £15,758 (2024 - £32,484).

Reserves Policy

The assets of the charity are held within unrestricted reserves. The amount of unrestricted funds represents the accumulation of previous operating results and a designated fund of £1,500 held aside for purchasing equipment. The Trustees have reviewed their policy on holding reserves and have agreed that the amount held should be the equivalent of two months running costs and that the current level of reserves of £15,578 meets the obligations of the Club. The Club rents its premises from Crown Church and the Club has agreed to contribute a share towards repair costs. The Club also feels it appropriate to hold the relevant amount in reserves if for any reason the Club has to close.

Plans for future periods

The Committee is satisfied that Crown Corner Club remains financially viable and operationally stable, and continues to deliver a valued after school childcare service to the community.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. trusteesThe trustees’by: annual report was approved on GML and signed on behalf of the board of D F Mason : Trustee

-3-

Crown Corner Club Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Crown Corner Club

Year ended 31 July 2025

| report to the trustees on my examination of the financial statements of Crown Corner Club (‘the charity’) for the year ended 31 July 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (‘the 2005 Act’), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity’s accounts carried out under section 44(1)(c) of the 2005 Act. In carrying out my examination | have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Independent examiner's statement Since the charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). | can confirm that | am qualified to undertake the examination because | am a registered member of ICAS which is one of the listed bodies.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act, section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; or

  2. the financial statements do not accord with those records or with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

-4.

Crown Corner Club

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Crown Corner Club (continued) Year ended 31 July 2025

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Other matters

To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than formed.the charity and the charities’ trustees as a body, for our work, for this report, or for the opinions | have

Gemma Palombo M.A.(Hons) C.A. Independent Examiner

Forbes House 36 Huntly Street Inverness IV3 5PR

RV ANNUADVAbe

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Crown Corner Club

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 July 2025

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|||||||| |---|---|---|---|---|---|---| |2025|2024| |Unrestricted| |Note|funds|Totalfunds|Total funds| |Income|and|endowments|£|£|£| |Charitable|activities|5|93,767|93,767|92,274| |Other income|6|4,252|4,252|3,080| |Total income|98,019|98,019|95,354| |Expenditure| |Expenditure on|charitable|activities|7,8|114,711|114,711|96,378| |Other expenditure|9|214|214|53| |Total expenditure|114,925|114,925|96,431| |Net expenditure and|net movement|in funds|(16,906)|(16,906)|(1,077)| |Reconciliation|of funds| |Total funds|brought forward|32,484|32,484|33,561| |Total funds|carried|forward|,|15,578|15,578|32,484|

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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements.

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Crown Corner Club

Company Limited by Guarantee

Statement of Financial Position

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||||||| |---|---|---|---|---|---| |31|July|2025| |Note|2025|2024| |Fixed|assets|£|£|£| |Tangible|fixed|assets|14|286|951| |Current|assets| |Debtors|15|14,998|14,485| |Cash at bank and|in|hand|7,440|23,304| |22,438|37,789| |Creditors:|amounts|falling due within one year|16|7,146|6,256| |Net current assets|15,292|31,533| |Total assets|less|current|liabilities|15,578|32,484| |Net assets|15,578|32,484| |Funds|of the|charity| |Unrestricted|funds|15,578|32,484| |Total charity funds|19|15,578|32,484|

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For the year ending 31 July 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. aiaapThese financial aestatements are signedwere on behalfapproved of theby boardthe by:board of trustees and authorised for issue on D F Mason a Trustee

Company Registration Number: SC223028

The notes on pages 8 to 15 form part of these financial statements.

«7.

Crown Corner Club Company Limited by Guarantee Notes to the Financial Statements Year ended 31 July 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered office is Crown Church, Kingsmill Road, Inverness, IV2 3JT, Scotland.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The charity constitutes a public benefit entity as defined by FRS102.

Going concern

Due to the level of reserves, there are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

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 and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

commitment.Designated funds are unrestricted funds earmarked by the trustees for particular future project or

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

-§8-

Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

  1. Accounting policies (continued)

  2. Incoming resources

  3. All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

  4. e income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

  5. ° legacy income is recognised when receipt is probable and entitlement is established.

.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

-9-

Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

  1. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable 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. Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Short term debtors and creditors Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement. Cash and cash equivalents

Cash and cash equivalents are recognised at cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

3. Accounting policies (continued)

Defined contribution plans (continued)

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The company is limited by guarantee and has no share capital. The company is under the control of the trustees 5. Charitable activities

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|||||||| |---|---|---|---|---|---|---| |Unrestricted|TotalFunds|Unrestricted|Total|Funds| |Funds|2025|Funds|2024| |Fee|£|£|£|£| |income|93,497|93,497|91,324|91,324| |Registration|fees|270|270|950|950| |93,767|93,767|92,274|92,274| |6.|Other|income| |Unrestricted|Total|Funds|Unrestricted|Total|Funds| |Funds|2025|Funds|2024| |Employment|£|£|£|£| |Allowance|4,252|4,252|3,080|3,080| |7.|Expenditure|on|charitable|activities|by fund|type| |Unrestricted|Total|Funds|Unrestricted|Total|Funds| |Funds|2025|Funds|2024| |Provision|£|£|£|£| |of childcare|114,711|114,711|96,378|96,378| |8.|Expenditure on|charitable|activities|by|activity|type| |Activities| |undertaken|Total|funds|Total|fund| |directly|2025|2024| |Provision|£|£|£| |of childcare|114,711|114,711|96,378|

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Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

9. Other expenditure

Loss on disposal of tangible fixed Unrestricted TotalFunds
Funds
2025
£
£
Unrestricted TotalFunds
Funds
2025
£
£
Unrestricted
Funds
£
Total Funds
2024
£
assets held forcharity'sown use 214 214 53 53
10. Net expenditure
Netexpenditure is stated aftercharging/(crediting):
2025 2024
Depreciation of tangible fixed assets
Loss on disposal of tangible fixed assets
£
722
214
£
824
53
11. Independent examination fees
2025 2024
Fees payable to the independent examiner for:
Independentexamination ofthe financial statements
£
1,796
£
1,511
12. Staff costs
Thetotal staffcostsandemployee benefits forthe reporting period areanalysed as follows:
2025 2024
Wagesand salaries
Social
security costs
Employercontributions to pension plans
£
76,091
4,252
450
£
62,348
3,080
31
80,793 65,459
The average head count ofemployees during the yearwas 5 (2024: 5). The average number of
full-time equivalentemployees during theyear is analysed as follows:
2025 2024
Number
ofstaff-Assistants
Number ofstaff
-Manager
No.
2
1
No.
2
1
3 3

No employee received employee benefits of more than £60,000 during the year (2024: Nil). Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £29,209 (2024 - £22,829).

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Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

13. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

No trustee expenses were incurred in the current or previous year.

14. Tangible fixed assets

Fixtures and
Cost fittings
£
Equipment
£
At
1 August 2024
Additions
Disposals
At31 July2025
2,761
-
-
2,/61
14,148
270
(847)
13,571
16,909
270
(847)
16,332
Depreciation
At 1 August2024
Charge fortheyear
Disposals
At31 July2025
2,761
-
-
2,761
13,197
722
(634)
13,285
15,958
722
(634)
16,046
Carrying amount
At 31 July 2025 ~ 286 286
At 31 July 2024 - 951 951
15. Debtors
2025 2024
Prepayments and accrued income
Otherdebtors
£
515
14,483
£
12,468
2,017
14,998 14,485
16. Creditors: amounts falling due within oneyear
2025 2024
Trade creditors
Accruals anddeferred income
Social securityand othertaxes
Othercreditors
; £
792
5,171
941
242
£
211
5,065
980
-
7,146 6,256

16. Creditors: amounts falling due within one year

Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 July 2025

17. Deferred income

2025 2024
At
1 August2024
Amountreleased toincome
Amountdeferred in year
£
2,540
(2,540)
1,608
£
73
(73)
2,540
At31July2025 1,608 2,540

Deferred income is made up of fees paid in advance during the year.

18. Pensions and other post-retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £450 (2024: £31).

At the year end the outstanding pension payments amounted to fnil (2024 - £nil).

19. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
General. funds
Equipment fund
At
1 August2024
£
30,984
1,500
Income
£
98,019
Expenditure
£
(114,925)
At
31 July 2025
£
14,078
1,500
32,484 98,019 (114,925) 15,578
General funds
Equipment fund
At
1 August2023
£
32,061
1,500
Income
£
95,354
-
Expenditure
£
(96,431)
At
31 July2024
£
30,984
1,500
33,561 95,354 (96,431) 32,484

General funds

The general fund are the unrestricted funds from past operating results. It also represents the free reserves of the charity.

Equipment fund

The equipment fund is money held aside for purchasing equipment.

Crown Corner Club

Company Limited by Guarantee

Notes to the Financial Statements (continuea)

Year ended 31 July 2025

20. Analysis of net assets between funds

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Total|Funds| |Funds|2025| |Tangible|£|£| |Current|fixed assets|286|286| |assets|22,438|22,438| |Creditors|less|than|1|year|(7,146)|(7,146)| |Net assets|15,578|15,578| |Unrestricted|Total|Funds| |Funds|2024| |Tangible|£|£| |Current|fixed assets|951|951| |assets|37,789|37,789| |Creditors|less than|1|year|(6,256)|(6,256)| |Net assets|32,484|32,484| |21.|Operating|lease|commitments| |The|total|future|minimum|lease|payments|under|non-cancellable|operating|leases|are|as|follows:| |2025|2024| |Not|£|£|.| |later than|1|year|9,125|6,850|

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The operating lease payments recognised as an expense amounted to £20,043 (2024 - £15,228).

22. Related parties

No trustees or other persons related to the charity had any personal interest to any contract or transaction entered into by the charity during the year.

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Crown Corner Club

Company Limited by Guarantee

Management Information Year ended 31 July 2025

,

The following pages do not form part of the financial statements.

Crown Corner Club

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 July 2025

==> picture [459 x 544] intentionally omitted <==

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||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Income|and|endowments|£|£| |Charitable|activities| |Fee income|93,497|91,324| |Registration|fees|270|950| |93,767|92,274| |Other|income| |Employment Allowance|4,252|3,080| |Total income|98,019|95,354| |Expenditure| |Expenditure|on|charitable|activities| |Wages and|salaries|76,091|62,348| |Employer's|NIC|4,252|3,080| |PensionRent|costs|450|31| |Insurance|20,043|15,228| |Agency|[fees]|290|280| |TelephoneAccountancy|fees|1,796-|1,511384| |Postages,|150|160| |stationery|and|advertising|214|227| |Depreciation|722|824| |Bank charges|108|119| |Sundry|materials|410|1,226| |Activity|costs|1,241|1,830| |Refreshments|4,223|4,112| |Subscriptions|1,982|1,875| |Excursions|490|185| |Other professional fees|2,249|458| |Donations|paid| |-|2,500| |114,711|96,378| |Other expenditure| |Loss on disposal|of tangible|fixed assets|held|for charity's own|use|214|53| |Total expenditure|114,925|96,431| |Net expenditure|(16,906)|(1,077)|

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Crown Corner Club

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 July 2025

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||||||| |---|---|---|---|---|---| |2025|2024| |Expenditure|on|charitable|activities|£|£| |Provision|of|childcare| |Activities|undertaken|directly| |Wages and salaries|76,091|62,348| |Employer's|NIC|4,252|3,080| |Employers|pension|450|31| |InsuranceRent|20,043|15,228| |Agency|[fees]|290|280| |AccountancyTelephone|fees|1,796-|1,511384| |Postage,|150|160| |stationery and|advertising|214|227| |Depreciation|722|824| |Bank charges|108|119| |Sundry expenses|410|1,226| |Activity|materials|1,241|1,830| |Refreshments|4,223|4,112| |Subscriptions|1,982|1,875| |Excursions|490|185| |Other professional|fees|2,249|458| |Donations|paid| |—|2,500| |114,711|96,378| |Expenditure on|charitable|activities|114,711|96,378|

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