CHARITY REGISTRATION NUMBER: SC045658
Gilvenbank Community Sports Hub
Unaudited Financial Statements
30 September 2025

Gilvenbank Community Sports Hub
Financial Statements
Year ended 30 September 2025
Page
Trustees. annual report
Independent examiner's report to the trustees
Statement of flnancial activities
Statement of financial position
Notes to the financial statements

Gilvenbank Community Sports Hub
Trustees, Annual Report
Year ended 30 September 2025
The trustees present their report and the unaudited financial statements of the charity for the year
ended 30 September 202S.
Reference and administrative detslls
Reglslered charlty name
Gilvenbank Community Sports Hub
Charlty reglstrallon number
SC045658
Prlnclpal offlce
Pitcoudie Avenue
Glenrothes
KY7 6SU
The trustees
Fraser Waterson
Robert Dick
Martin Edwards
Karen Golden IActin8 Chalrl
Elizabeth Chambers Isecretaryl
Beverly Cannan
IReslgned 15 June 20261
(Resigned 15 June 20261
(Appointed 15 February 2025
and Resigned 25 March 20261
IAppointed 30 June 20251
IResigned 4 September 20251
(Resigned 13 May 20251
IResi8ned 8 September 20251
Catherine FelBate (Chairl
Kevin Le Roux ITreasurerl
Judith Aitken (Treasurer)
Nic Krzyzanowski
Lynda Spence Ichairl
Independent examiner
Colin Mcculloch F.C.C.A.
18 North Street
Glenrothes
Fife
KY7 SNA
Structure, governance and management
Gilvenbank Community Sports Hub was established as a Company Limited by Guarantee on 19
September 2014 and was registered as a charity on 29 May 2015. As of 19 August 2025 the
organisation was converted into a Scottish Charitable Intorporated Organi5ation {SCIOI which 15
Eoverned by its constitution and managed by a Board of Trustee5.
Most of the Board have received training from Fife Voluntary Action on the role and responsibility of
charity trustee, with this training available to all new board member5.

Gilvenbank Community Sports Hub
Trustees. Annual Report Icortlnuedj
Year ended 30 September 2025
Objertive5 and actlvltles
The organisation's purposes are..
To advance public participation in sport and recreational facilities so as to improve health and
welbeing.
To provide, develop, manage. and promote sport and recreational facilities available to the
public generally.
To provide education, coaching and trainin8 through life-lon8 leaming in relation to sport,
fitness, first aid and related skills to broaden the development of individual capabillties of
children. youths. young adults and adults.

Gilvenbank Community Sports Hub
Trustees. Annual Report ic0j1￿￿&￿j
Year ended 30 September 2025
Achlevements and performance
It has been a challen8in8 year with regards to funding as thefe has been a significant increase in
competition and againsi a back-drop of cuts and reductions to available funding streams.
Management are however actively and continuously engaging with various funders and are also
exploring alternative funding so as to make small steps towards self-reliance in the future.
As the cost of living has increased $0 too has. the expendlture of the organisation increased.
Thankfully due to the hard work and diligence of Kathy, our Admin and Finance officer, and Fraser
1trusteel.the electricity cost, which remains one of the most significant costs. has been substantially
reduced through a change in supplier and the application of charity exemptions.
The charlty has also been exempted from paying water charges and business rates - thanks to
Suzanne, our Manager, for dealing with thi5 matter which proved to be more complex than initiallv
thought.
During the year Lynda Spence stepped down as Chair and Catherine Fel8ate was unanimously
elected. Catherine Felgate has since also stepped down as Chair with Karen Golden assuming the role
of Interim Chalr.
Judith Aitken further stepped down as TreaSu￿r during the year with Kevin Le Roux, who is
Chartered Accountant. taking up the role.
The Board wish to extend their gratitude to Lynda, Catherine and Judith for their efforts and time
dedicated to the organisation and wish them well with their future endeavours.
The board continues to develop, implement and review policies and procedures, and has during the
current year implemented a financial policy. This poliry underpins and ensures monitoring and
overall functionality of how money and resources are managed.
The Board hereby acknowledges and celebrates the successes and achievements of the O￿anIsation
and its staff for this past year:
Youth 1st Be active Award presented to Ross Bowman for his efforts in getting more
individuals active and involved in sport throu8h the delivery of the "Couch to 5k"
programme, Bikeability and cycling and football coaching.
Fife Voluntary Action Active Organisation Award for all the efforts of the organisation, its
staff and volunteers to encourage and provide opportunities for sport and physical activity
so as to improve health and wellbein8.
Fife Voluntary Action Active Volunteer nomination for Ginny, shortlisted for her
Contributions and efforts to improve health and wellbeing through her weekly line dance
classes held at the Hub.
Nomination by a Fife Council Employability Officer for the Healthy Workplace Award in the
Fife Business Diversity Awards for efforts in reducing barriers to employment and creating a

Gilvenbank Community Sports Hub
Trustees. Annual Report {(￿>t￿￿dI
Year ended 30 September 2025
supportive and inclusive environment with the organisation receiving a Certificate of Achievement.
The organisation. in partnership wrth another local charity ran a successful Glenrothes
Rainbow Run, an inclusFve and family friendly fun run around Gilvenbank Park. The event
was attended by around people with lots of other community-based organisations and
charities taking part. The Rainbow Run will take place again in August 2026.
The Board expresses their sincere gratitude to all the following:
Fife Voluntary Action for their on8olng advice, held and support with all matters relating to
governance of the organisation.
Various funders, Including the National Lottery and Fife Council, for their financial support
particularly with regards to funding staff costs.
External groups and individuals that hire the facilities, generating much needed income for
the organisation,
Fife Council Community Learnln8 and Development
Petals and Aum Yoga
Fife Fire and Flow
Transfomations
Forth and Tay Disabled Ramblers
Glenrothes Athletic Football Club
Glenrothes Crlcket Club
Members of the public for their generous donation5 and on8oing 5LlPPOrt.
The 8oard thanks all the staff for thelr unwavering cornmitment and dedication to the organisation
whereby they place the community at the heart of everything they do,
Suzanne, our Manager, for managing the day-to-day work of the organi5ation, the staff and
the volunteers. It is down to Suzanne's commitment, drive and determination that has
enabled us to continually move forward and get us to where we are today,
Kathy. our Admln & Finance Officer. for her endeavours and commitment to the
development and implementation of a financial process which works for us and ensure5
effective maintenance of the accounts daily. Her dedication to the role surpasses all
expectations.
Robin, our award-winning Youth Activities Worker, for his passion and dedication to the job
which far extends his remit. The effort and the difference he makes to the children and
families who use the facilities does not go unnoticed.
Ross, our award-winning Hub Project Worker, for his commitment, energy and enthusiasm
that he bring5 to the role.
Stacey, our Cleaner, who makes the Hub a fresh. clean, hygienic and overall, a welcoming
place for groups and indwiduals to be.

Gilvenbank Community Sports Hub
Trustees, Annual Reporti¢Mth#edl
Year ended 30 September 2025
Financial revlew
The charity achieved a financial deficit for the year of £36.69412024 surplus= £21 3311 of which a
deficit of £3,95612024 surplus: £8,827) was for unrestricted fund5 and a deficit of £32,73812024
surplu5'. £12,5041 was for restricted funds.
As a result, unrestricted funds have decreased to £12,896 and restricted funds to £243,450.
Events after the end of the reporting perlod
Particulars of events after the reporting date are detailed in note 18 to the financial statement5.
The trustees, annual report was approved on 2910612026 and signed on behalf of the board of
trustees by:
len
Karen Golden (Acting Chairl
Trustee

Gilvenbank Community Sports Hub
Independent Examlner's Reportto the Trustee5 of Gilvenbank Community Sports Hub
Year ended 30 September 2025
I report to the trustees on my examination of the financial statements of GI￿enbank Community
Sports Hub I'the charity'l for the year ended 30 September 202S.
Responslblllties and ba515 of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities and Trustee Investment (Scotlandl Act 2W5 Ithe
'2005 ACVI and the Charities Accounts Iscotlandl Regulatlons 2006 las amended). You are satisfied
that your tharity is not required by charity law to be audited and have chosen instead to have an
independent examination.
report in respect of my examination of the charity's financial statements as carried out under
section 44llllcl of the 21X)S Act. In carrying out my examination I have followed the requlrements of
Regulation 11 of the Charitie5 Accounts Iscotlandl Regulations 2IXI6 las amendedl.
Independent examlner's statement
Since the charity has prepared its accounts on an accruals basis your examiner must be a member of
body listed in Regulation 11121 of the Charities Accounts (Scotlandl Regulations 2006 la5 amended).
I can confirm that l am qualified to undertake the examination because l am a registered member ol
the A550Clation of Chartered Certified Accountant5 which is one of the listed bodles.
I have completed my examination. I confirm that no matters have come to my attentlon glving me
cause to believe that in any material respect:
accounting records were not kept as required by sectlon 44llllal of the 2005 Act and
Regulation 4 of the Charities Accounts Iscotlandl Regulations 2Q)6 la5 amended).. or
the financlal statements do not accord with those records- or
the financial statements do not comply wlth the accountlng requlrements of Regulation 8
of the Charities Accounts (Scotlandl Regulations 2006 las amended).
I have no concerns and have come across no other matters In connectlon with the examinatlon to
which attention should be drown in this report in order to enable a proper understanding of the
accounts to be reached.
Colin Mcculloch F.C.C.A.
Independent Examiner
18 North Street
Glenrothes
Fife
KY7 SNA

Gilvenbank Community Sports Hub
Statement of Financial Activities
Year ended 30 September 2025
2025
Restricted
funds Total fvnds Total funds
2024
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
6,703
15.139
6.703
52,440
2,812
98,483
37.301
Totsl Income
21,842
37,301
59,143
101.295
Expendlture
Expenditure on charitable activities
25,798
70,039
95,837
79,964
Total expenditure
25,798
70,039
95.837
79,964
Net lexpenditure}/income
13.9561
132,7381
136,6941
21,331
Transfers between funds
3,656
13.6561
Net movement In funds
13001
136,3941
136,6941
21,331
Reconclllatlon of funds
Total funds brought forward
13,196
279,844
293,040
271,709
Total fund5 carrled fonvard
12,896
243.450
256,346
293.040
The statement of financial activities includes all gains and losses Teco8nised in the year.
All income and expenditure derive from Continuing activities.
The notes on pages 9 to 19forni part ofthese fmanclal ststements.

Gilvenbank Community Sports Hub
Statement of Flnancial Positlon
30 September 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
13
206.532
215,390
Current assets
Cash at bank and in hand
51,732
79,284
Credltors: amounts fallln8 duè wlthln one year
Net current assets
14
1.918
1,634
49,814
77,650
Total assets less current Ilabllltles
256,346
293,040
Net assets
256,346
293,040
Funds of the charlty
Restricted funds
Unrestricted funds
243,450
12,896
279,844
13,196
Total charlty funds
16
256.346
293,040
These financlal statements were approved by the board of trustees and authorised for Issue on
2910612026, and are signed on behalf of the ljoard by:
/a
Karen Golden (Acting Chalrl
Trustee
The notes on pag¢$ 9 to 19 forn part of these tlnandal statemerts.

Gilvenbank Community Sports Hub
Notes to the Flnancial Statements
Year ended 30 September 2025
General information
The charlty is a public benefit entity and a Scottish Charitable Incorporate Organisation ISCIOI.
The address of the principle office is Pitcoudie Avenue, Glenrothes, KY7 6SU.
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 IFRS 1021 (Charities
SORP IFRS 10211 and the Charities and Trustee Investment Iscotlandl Act 2CK)5 and the Charity
Accounts Iscotlandl Re8ulations 2(M)6 las amended).
Accountlng pollcles
Basis of preparatlon
The financial statements have been prepared on the hlstorical cost ba51s. as modified by the
revaluation of certain financial assets and liabilitie5 and investment properties measured at falr
value through income or expenditure.
The flnancial statements are prepared in sterlin& whlch Is the funrtional currency of the entlty.
Goln8 concern
There are no material uncertainties about the charity's ability to continue.
Dlsclosure exemptlons
The charity satisfies the criteria of being a qualifyin8 entity as defined In SORP FRS 102 Update
Bulletin l. As such, advantage has been taken of the following disclosure exemptions available
under Update 8ulletin I..
No cash flow statement has been presented for the charity.
Judgements and key sour￿5 of estlmatlon un￿rtaInty
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, Includlng expectations
of future event5 that are believed to be reasonable under the circumstances.

Gilvenbank Community Sports Hub
Notes to the Financial Statements
Year ended 30 September 2025
Accounting policies fcominuedl
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project
or commltment.
Restricted fund5 are subjected to restrirtions on their e¥penditure 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.
Incoming resources
All Incomln8 resources are included in the statement of financial activitie5 when entitlement has
passed to the charity,. it is probable that the economic benefits a5￿CIated 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:
Income from donatlons or grants is recognised when there is evidence of entitlement to
the 81ft, receipt is probable and its amount can be measured reliably.
legary income is reco8nised when recelpt Is probable and entitlement is established.
income from donated goods is measured at the falr value of the goods unless thls Is
impractical to measure reliably. in which case the value is derived from the cost to the
donor or the estimated resale value. Donated facilities and service5 are recognised in the
accounts when received if the value can be reliably measured. No amounts are included
for the contribution of 8eneral volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted seNi¢e. This 15 classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in whlch
case it may be regarded as restricted.
-io-

Gilvenbank Community Sports Hub
Notes to the Hnanclal StatementSicOnrfA￿1
Year ended 30 September 2025
Accounting policie5 lt0rtth￿j
Resources expended
Expenditure is reco8nised 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:
expenditure on raising funds includes the costs of all fundraising activities, events.
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activities include5 all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and Costs relating to the governance of the charity apportioned to charltable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly tts that adivity. Sharpd r.ost.s arp
apportioned between the activities they contribute to on a reasonable, justifiable and
conslstent basis.
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible a55ets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impalrment losses.
An Increase In the Carrying amount of an asset as a result of a revaluation. Is ￿(08n1$ed In other
recognised gains and10sses. unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the
carryinB amount of an asset as a result of revaluation. is recogni5ed in other recognised gains
and losses, except to which it offsets any previous revaluation gain. in which case the loss Is
shown within other reco8nised gains and105ses on the statement of financial actlvitles.
Depreciation
Oepreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Freehold property
Equipment
4% reducing balance
20% straight line
-li-

Gilvenbank Community Sports Hub
Notes to the Flnancial Statements(conUMtsdi
Year ended 30 September 2025
Accountlng pollcles icoft¥th￿j
Impalrment of fixed assets
A review for indicators of impairment is tarried out at each reporting date. with the recoverable
amount being estimated where such indicators exist. Where the carryin8 value exceeds the
recoverable amount. the asset is impaired accordlngly. Prior Impairments are also reviewed for
possible reversal at each reporting date.
For the purpose5 of impairment testing, when it is not P0S5ible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash.generatin8 unit to which the asset belongs. The cash-8eneratin8 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.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-8eneratin8 units that are expected to benefrt
from the Synergies of the combination, irrespective of whether other assets or liabilities of the
charity are assigned to those units.
Flnanclal Instruments
The charity only has financial assets and flnancial liabilities of a kind that qualify as baslc
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loan5 which
are subsequently measured at the carrying value plus accrued interest less repayments. The
financing charge to expenditure is at a constant rate calculated using the effective interest
method.
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.
When contributions are not expected to be settled wholly wlthln 12 months of the end of the
reportin8 date in which the employees render the related service, the liability is measured on a
discounted present value basls. The unwinding of the discount 15 recognised a5 an expense in
the period in which it arises.
-12-

Gilvenbank Community Sports Hub
Notes to the Financial Statements
Year ended 30 September 2025
Donatlons and legacies
Unrestricted Total Funds Unrestrlcted Total Funds
Funds
2025
Funds
2024
Donatlons
Donations
6.703
6,703
2,812
2,812
Charltable actlvitles
Unrestritted
Funds
Restricted Total Funds
Funds
2025
Fees from cricket and football
Hall hire
Tuckshop
Workshops
Flfe Council
Robertson Trust
National Lottery
Youth Scotland
Tes¢0 Groundworks
Pollce Scotland
Bank of Scotland Foundation
Other grants
Lite Lunch ILLI
Kingdom Housing Associates
2,800
8,070
3,024
2,800
8,070
3,024
11.409
11,409
19,192
19,192
500
S¢)0
6,500
745
200
6,500
745
2W
15,139
37,301
52,440

Gilvenbank Community Sports Hub
Notes to the Finandal Statements ic0ndn￿}
Year ended 30 September ZOZ5
Charitable attivities {¢01th￿l
Unre5trirted
Funds
Restricted Total Funds
Funds
2024
Fees from cricket and football
Hall hire
Tuckshop
Workshops
Fife Council
Robertson Trust
National Lottery
Youth Scotland
Tesco Groundworks
Police Scotland
Bank of Scotland Foundation
Other grant5
Lite Lunch ILLI
Kingdom Houslng Associates
3,¢YJO
6,778
3,101
141
11,500
5CMJ
67,964
2,000
1,000
2,￿0
6,778
3,101
141
11.5CQ
5C(J
67,964
499
499
13.519
84,964
98,483
Expendlture on charftable artlvltles by fund type
Unrestricted
Fund5
Re5trirted Total Funds
Funds
2025
Charitable activities
Support costs
24,536
1,262
70,039
94,575
1,262
25,798
70,039
95,837
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable activities
Support costs
6,215
1,289
72.434
26
78,649
1,315
72,460
79,964
-14-

Gilvenbank Community Sports Hub
Notes to the Flnancial statementsiconNn￿J
Year ended 30 September 2025
Expenditure on charltable actlvlties by artivlty type
Activities
undertaken
direct
Support Total funds
costs
2025
Total fund
2024
Charitable activities
Governance costs
94.575
94.575
1,262
78,649
1,315
1,262
94,575
1,262
95,837
79,964
Analysis of support costs
Charitable
activities
Total 2025 Total 2024
Governance costs
1,262
1,262
1,315
Net {e¥pendlture)Ilncome
Net lexpendilurellincome Is stated after chargingjlcreditingl:
2025
2024
Depreclation of tangible fixed assets
8.858
9,048
10. Independent examlnatlon fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statements
Other assurance services
882
ioi
983
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wa8es and 5alarie5
Social security costs
Employer contributions to pension plans
63,864
17791
1,217
43.672
1,721
1,009
64,302
46.402

Gilvenbank Community Sports Hub
Note5 to the Financlal Statements Icondnuedj
Year ended 30 September 2025
11. Staff costs Ircntlnt￿&J
The average head count of employees during the year was 512024.. 41.
No employee received employee benefits of more than £60,OCKI during the year12024.' Nill.
12. Trustee remuneratlon and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
13. Tanglble fixed assets
Freehold
property Equipment
Total
Cost
At l Oct 2024 and 30 Sep 20Z5
281,233
8,322
289,555
Depreclatlon
At l Oct 2024
Char8e for the year
At 30 Sep 2025
66,096
8,605
8,069
253
74,165
8,858
74,701
8,322
83,023
Carrylng amount
AI 30 Sep 2025
206.532
206,532
At 30 Sep 2024
215,137
253
215,390
14. Crèdltors: amounts fallSng due wlthin one year
2025
2024
Accruals and deferred income
Social security and other taxes
Other creditors
1,152
766
1,091
503
40
1.918
1,634
15. Pensions and other post retirement beneflts
Defined contrlbutlon plans
The amount recogni5ed in income or expenditure as an expense in relation to defined
contributlon plans was £1,21712024- £1,(M)91.
-16-

Gilvenbank Community Sports Hub
Note5 to the Finanaal Statements IcontwMKdJ
Year ended 30 September 2025
16. Analysis of charitable funds
Unrestrlrted funds
At
lott 2024
At
Transfers 30 Sep 2025
Income Expenditure
General fund5
13,196
21.842
125.7981
3.656
12,896
At
l Oct 2023
At
Transfers 30 Sep 2024
Income Expenditure
General funds
3,384
16.331
17,5041
985
13,196
-17-

Gilvenbank Community Sports Hub
Notes to the Financial Statements i¢vrtthuedi
Year ended 30 September 2025
16. Analysls of tharitsble funds lethlwr￿dJ
Restricted funds
At
lort 2024
At
Transfers 30 Sep 2025
Income Expenditure
Capital reserve
Small Sparks
Robertson Trust
National Lottery
Lear
Tree Fund
Fife Council
Tesco Groundwork
Police Scotland
Youth Scotland
Kingdom Housing
Association
XMA
W Munro Rehab
Democracy Counts
215,137
18.6051
206,532
45,964
19,192
140,6551
24,501
17.775
210
11,409
119,8801
13,3871
12101
5,917
758
17091
1491
2Crf)
11901
iioi
5,(JJO
I,￿0
500
SC
279.844
37,301
170,0391
13,6561
243,450
At
l Oct 2023
At
Transfer$ 30 Sep 2024
Income Expenditure
Capital reserve
Small Sparks
Robertson Trust
National Lottery
Lear
Tree Fund
Fife Council
Te5co Groundwork
Police Scotland
Youth Scotland
Kingdom Housing
Association
XMA
W Munro Rehab
Democracy Counts
224,102
73
1,942
15,857
507
772
25.072
18,9651
215,137
1731
121
1271
181
14541
14171
s￿
67,964
12,4401
137,8301
14991
13181
118,3801
17901
11,9961
11,2421
45,964
11,5
17,775
210
141
758
268,325
84,964
172,4601
19851
279.844

Gilvenbank Community Sports Hub
Notes to the Financial Statements (CÉ￿11￿1*￿J
Year ended 30 September 2025
17. Analysls of net assets between funds
Unrestricted
Funds
Restrirted Totsl Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than l year
Net assets
206,532
36.918
206,532
51,732
11,918
14,814
11.9181
12,896
243,450
256,346
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Taiigible fixed dssels
Current assets
Creditors less than l year
Net assets
253
14,577
11,6341
215,137
64,707
215,390
79,284
11.6341
13,196
279,844
293,040
18. Post balance sheet events
Subsequent to the year end, but prior to the approval of these financial statements, the
Trustees became aware of a potential Ilabillty relatin8 to matters arisin8 durin8 the financial
yearended 30 September2025.
At the date of approval of these financial statements, the matter ￿MainS under review, and the
flnal outcome cannot yet be determined. Based on the information currently available, the
Trustees estimate that any financial impact is not expected to be material to the charlty's
flnancial position and the liability Is likely to be £5¢)0. Accordingly. no provision has been
recognised in these financial statements
19-