Charlty regl$tration number SC0519251S¢otlandl UNION PARK COMMUNITY SPORTS HUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
UNION PARK COMMUNITY SPORTS HUB LEGAL AND ADMINISTRATIVE INFORMATION Trustees O Paterson CAdam L Sturroek P Flnd18y Chaflty reglstratknn Scotland SC051925 Pilnclpal addrn•8 Unlon Park Whlnfield Road Muntrose Angug DD10 8PS Ind•p•nd•nt examlner Murr8y Taylor (Scollandl Llmlted 10 Murray Lano Montrose Angus D010 8LF Bank•rs Royal Bank of Scotland 3- S Clerk Street 8T8chin D09 6AD
UNION PARK COMMUNITY SPORTS HUB CONTENTS Paqo Trustees, T8POrt Indop&ndent gxamlnofs r•port statement ol ff nanc1 actlvltles statamont of ff nanckgl poBltSon statemènt of cash flows Nots5 to the flnancSal stalgmènts 7-14
UNION PARK COMMUNITY SPORTS HUB TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The trusto09 present thèir annual report and flnancial statemants for the y•Br endod 31 Au9USt 2025. The financial slatemonts have been prepared in accordance with the occounling policies Set out in nol8 1 lo the financial statements and comply wth the '$ governing documonl, the Chanties and Trustet Investment (stIonl Act 2005, the Charil85 Accounts (Scotlandl Regulation5 2006, FRS 102 "The Fin8ncial Reporting Standard applicable in th8 UK and Republic of Ireland" and the Charrties SORP ' Accounb'ng ènd Reporting by Charits'es.. Stalemenl ol Recommended Practice applicable to charttles preparing their ac¢ounls in accordance wrth the Flnancial Reporting Standard applicable in th8 UK and R8publi¢ of Irèland IFRS 102y'. ObJectlv• and actlvltles Th8 object of the Charity is to promotè the adv8nc8menl of publlc particlpation in sport and lo improve th8 health nd well-b8ing DI partlcipants and promote lrfe-long enjoymanl ol sport. The purpose of Unbon Pork Communmy Sports Hub is lo promot8 h8aMh and w8118lng activities Including organised 5POrt In and for the loeal and wlder communities. Thè Charity will provlde and promote accommodation and plgylng flelds for rocreational and communlty u58 to improve the he8llh and w811-b•lng of th8 community through various activK(l•s, Puèlltt b&n8fi1 Th8 trustees hav8 paid due reg8rd to guidance Issued by Itt8 Offlee of the Scott15h Charity Regulator and the Charrty Commission in deciding what 8Ctivilles the should undèrtake. Achl•vem8nts and porformAnc• &gnific&nl eclivi118S and &chi8v8menls agalnst objgctivos We have been fundraislng and havo had sorné succ855 and have more lundlng applications submmed. Durlng the year the charlty w89 SUCC•5sful In ralsing $ignilicanl funds which allowed th• charity to begin lo build a new clubhouse. Flnanclal review The chanty achieved a surplu$ of £232.8H whl¢h WAS made up of 8 unrest¢t•d funds of £12,299 and r6strlel8d nds of £220,545. The restrlcted fijnds have been used 19 financ8 the Construction of a new club house. So all of this money has be&n %nI on this project. The detailed incoming and outgoing re$ourc8s ar8 delalled on pagè 8. The charf(y therefore has unrgstricted roserves of £31,283 and reslrlcted reserves 01£288.718. Reserrfes poli¢y 11 is the pollcy of the that unr8slricled fvnds whl¢h have not been deslgn8ted for a specifie use should be maintsined at a level equw8lent to betrleen thr88 and srx month's expenditure. Th8 trusl8è5 consider that reserve5 8t this level will ensure that. In the event of 3 slgnificanl drop In funding. they will bè able to continue the 's current actlvrtl8s whil8 consideration is given to ways in which addrtional lund$ may b8 raised. This level of r8s8Nes has b08n maintsined throughout the year. structure, gov•rnan¢e and manag•ment The eharily is rogist8r8d as a SCIO Iscottish Charrtabl8 Incorporated Organisalionl. Its govèrning document th8 16 the eharity's Con5tibJtion. The trustees who served durlng the y8ar and up to the date of signature ol the financlal statements were.. O Paterson CAdam L Sturrock P Findlay
UNION PARK COMMUNITY SPORTS HUB TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Re¢ruilm•nl and &ppoinlm&nl oflms19es Should a parson demon5tialing r8lèvant skills or expethence present themsglves to the board they may be considered for appointment os a Iruslee. Trustees are assum8d as nec¥ssary and appointed at the Annu81 Gèner81 Meeting. There were M new appolnlments this year. None of the trustees h•$ any benèfl¢lal Interest In the ¢ompany. All of th8 Iruslees ar• members of the company and guarante8 to cgntritsut• £1 in the ev8nl of 8 windlng up. Th• tru5tees' report wa$ approved by the Board of Tw6lee8. D Palgrson Tru•tee 28 May 2028
UNION PARK COMMUNITY SPORTS HUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UNION PARK COMMUNITY SPORTS HUB I report on the financial statèments ol tho for the yèar ended 31 August 2025. which arè sot out on page5 4 to 14. Respective responslbllltles of trustses and examiner The 's trustees are responsible for the preparation of the flnancrdl slat$ments in accordance wh the ltrms of Ch8rrti8s and Trustee Invèstment (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006. The trustees consider that the audit requirement ol Regulatlon 1011llaFlcl of the Charrtles Accounts Iscollandl Regulations 2006 does not apply. It 15 my r8sponsibilty lo examine thè financl81 stalem8nts as Tequlred under section 4411llcl ol the Charifjes and Tru51ee Inv8slmènl IS¢ollandlAct 2005 and 10 State wh8ther particular matters have come lo my ottenlion. Basls of Ind•pendent examln•ls itatement My examlnalion is carrfed out in accordance with Regulation 11 of the Charf(les Accounts IS¢otlandl Regulatlons 2008. An txaminalion Sncludes a review ol the accounting records kept by thg ch8rrty and 8 comp8rlson of the financial statemènts present*d with those r6cord$ It also in¢ludes conslderallon ol any unusual item5 or di5¢1osures in thé financial stslemeTrts, and seeking explanallons from the Iruslees concerning any such matters. The procedures undertakgn do not provlde all th8 evidence that would be required In an audrt, and consequanlly I do not 8xpre5s An audft opinion on tt)e vl8w glven by th8 financial 51alèm8nts. Indepgndènt oxamln•r'• •tat•ment In the cours8 ol my examinaknon, no mattèr hos come to my attentlon 1. which glves rrn reasonable ¢ause to bg1i•ve that in any mat8rial Tespget the requirements.. to ketrp aecounling r8cord6 in accordance with Sectlon 44111181 ol th& Charities and Trusteg Invt8lm•nt IScotl8ndl Act 2005 and Regulation 4 of the Charitles Ac¢ounls Iscollandl R8gu181ions 2008, and to prepare finan¢i81 statements which accord wrth the 8c¢ounling ro¢ords and ¢omply wnh Regulation 8 01 th• Charities A0unt5 (Scollandl Regulations 2008 have not b88n m81, or 2, to whlch, In my opinlon, att6nllon should bg drawn in order to ènable a proper und•rstsnding ol the financlal 818tements to b8 r8a¢h¥d. R J Sim F.C.C.A Murray Taylor IScotl8ndl Lim((ed CharteTed C9rtified Acc¢untsnts 10 Murray Lane Montrose Angus DD10 8LF 28 May 2026
UNION PARK COMMUNITY SPORTS HUB STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Unfestrlcted ReBtrlcted funds lunds 2025 2025 Total Unrestrlcled Restrlct•d lund8 funds 2024 2024 Total 2025 2024 Notes Income Ir¢m'. Donations andl8gaC9 Charitab18 activitie6 Other trading actwrti?6 Inv851ments 8,467 14,273 3,700 624 235,675 244,342 14,273 3,700 624 22,944 77,276 100,220 1,985 311 1,985 311 Total Income 27.064 235,875 262,939 25,240 77,276 102,518 Expendbtur• on: Raising funds Charilablo activf(i&s 1,650 12,157 1,650 28,445 785 14,786 785 30,493 18.288 15,707 Totsl •xp•ndtture 13,807 18,288 30,095 15.571 15.707 31,278 Income 13,257 219,587 232,844 9,e89 81,5e9 71,238 Transfers beeen funds 19581 958 Net movement In fund• 12,299 220,545 232,844 9,e89 81,509 71,238 Reconclllatlon of fund•.' Fund balancos al 18eplemts8r 2024 18,984 88,173 87,157 9,315 8.e04 15,919 Fund bilan¢•$ at 31 Augu•t 2025 31,283 288,718 320.001 18,984 68,173 87,157 The statement of financial *ctfvili8s includes all gains and lossès recognised in the yè8r. All income and expandilure derive from continulng activitl•s.
UNION PARK COMMUNITY SPORTS HUB STATEMENT OF FINANCIAL POSITION ASAT31 AUGusf2025 2025 2024 Flxed assets Property, plant and equlpment 13 290.341 55.587 Current a88etS C86h 81 bank and In hand 29,e60 31,570 N•t curr•nt aoBgt$ 29,860 31,570 Total A•fjet8 le88 current liJbilltle8 320,001 87,157 The fund8 ofthe R8slrict8d Incorne fundts Unrgstricl&d fundg 14 15 288,718 31,263 68.173 18,964 320,001 87,157 The financlal $18lèments were approved by tho tru8te88 on 28 May 2028 D Paterson Tru8tse
UNION PARK COMMUNITY SPORTS HUB STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 20215 2024 Notes Ca•h flows from operatlng actlvftl Cash gen8rat8d from op8rations 18 233,033 71.740 Investlng aGtlvltt•s Purchase of property, plant and equipment Investment incom8 received 1235,5671 824 156,4001 311 N•t ca•h u•ed In Inv••tlng i¢tlvltl•• 1234.9431 156,0891 Not ca•h gen•rat•d from finanGlng actlvStl•• Net Idecreai•ifincrna¥e In cash ond CAJh equlval•nt$ 11,9101 1 S,851 Cash and ¢ash eqUlInts at beglnning of year 31,570 15,919 Ca•h and ca•h •qUalontI at •nd of y•ar 29,680 31,570
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountino pollcle• ChArY inlormation Union Park Communrty Sports Hub 1$ a SCIO (Scottish Charttsble IncorpoT8ted OTganSnsatv)nl. Th8 principal olfice Is.. Union Park, Whinfield Road. Montrose, DDI0 8PS 1.1 B4418 of prepar&tlon The financial statements hav8 b8en prepared in accordance wrth the's gov6rning do¢umgnt. th6 Char.e$ and Trust68 Investment (Scollandl Act 2005, the Gh8rrti85 Accounts IScot18ndl Regulallons 2006, FRS 102 "The Fln8ncl&l Reporb'ng Standard applicable Sn the UK and R8public of Ireland" and the Charities SORP "Accountlng and R8POrtlng by Charf(ies.' Ststemonl ol Rocommgnded Practice applicable lo charilias pr8P8ring their aecounls In accordance wrth the Financlal Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021" The 1$ 8 Publlc Benefit Enlty as d8fin8d by FRS 102. The financial statements ar• prèpared In Sto1ng, which is the fvnclional currèncy of th• . Monetary amounts In these flnanclal statements arfr round8d lo th• nèarest £. Th• linancial slaltrmeTrts have been prepared under the hlstorlcal cost conv8ntlon. The prlncipal accountSng polbclès adopted are sel out below. 1.2 Golng conc•rn Al the time of approving the financial slatèmenls. th8 Iruslees have 8 reasonable expectstlon that the has adequate resources to continu8 In operatlonal èxlstence for the fore6eeable future, Thus the trustees continue lo adopt th• gcing concern basis of a¢¢¢unting In preparing the financial stolements. 1.3 Charltabl• fund• Unr85tricted fvnds ar• available lof use al the discretlon of the Iruslees In furthgrano9 01 their eharflable objectNes. Restricted funds aro subject lo specifi'c conditions by donors or grantors as to how they may be used. The purposes and uses of the restrlcted funds arg sel out in the nol¢$ lo the financial statements. Endowment lund$ are subject to speciffic condition5 by donors that the capllel must be mainl8lnèd by the 1.4 Income Income Is recognlsed whèn the Is legally entitled to il after any pèrformance conditions have been met. th8 amounts can bo m8asur8d reliably, and rt Is probable that income will be received. Cash donatlons are recognised on recelpt. Qlhèr donatlon8 are recognise¢J once the has b8en notified of the donation, unless pérformance conditions require deferral of tho amount. Income lax recoverable in relation to donations rec8ived undar GIftAid or deed5 of covenant 18 r•¢ogni$ed al the tirne of the donation. Légacies are recogni58d on relpt or ¢th*rwlse rf the has been notified of an Impending dislribulion, the amount is known, and receipt 15 expected. If the amount 1$ not known, the legacy is Irealod as a contingent asset
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢¢ountlng pollcl Icontlnued) 1.5 Exponditur• Expenditure is recognlsed once there is a legal or conslru¢tNe obligation to transfer economic benefft to a third party, tt is probabl& that a transl8r ol èconomic benefits will be required in Settlement, and the amount of the obligation can b8 me8surèd rellably. Expèndilur8 is classified by actwily Th8 costs of èach aclivrty are made up of the total of dlrecl costs and shar8d c0515, Including support cos15 Invofv8d in undertaking each aclwity. Direct costs attributable lo a singl8 actlvlty are allocated dlrectly to that actlvlly. Shar8d costs which contribute lo more than one activbty and support cos15 which are not attribulabl$ to a single activity are apportioned be88n those 8CtNrties on a basis consistent with the us8 01 resources. Centr81 steff costs are allocat8d on the basis ol time spent, and deprgclalion charges aro 8llocaled on th• portlon of the as$•t5 Use. 1.6 Property, plant and u1pm•Tht Property, plant and equipment arè Inrtially measur•d 8t cost ond subsequently measured at cost or valuation. net of depreclalion and any impeirment losses. Depreciats'on is recognisèd so as lo write off the cost or valuation of 85Séts k9ss th8lr r8sldu81 values over th91 useful Iwes on the followlng b8SeS'. Plant and equlpmonl 25% Stralght lino b•sls The galn or loss grising on th¢ disposal of an asset is detèrmlned as the diff6rèn¢t b8efjn the sale proceeds and th& carrylng v8lu8 of thè asset, and is recogni58d in th¥ 8ts18mont ol financi81 activitie¥. 1.7 Impalrm¢nt ol non<urrent a$$•t8 Al 8ach rèporting end date, th• reviews the carrylng amounts of ts 18nglble assets to detsrmlno whethar there Is any Indlcalion that thos8 95sels have suffered an impairment loss. If any such indic8tion exlsls, the r•cov•rablo amount of the asset is eslimaled in ord•r to do18rmine tho extent ol thè Impairment lo¥s111 gnyl. 1.8 Cash and CA•h equlvalents Cash and c8sh equivalents include cash in hand, dèposlts held al c811 wh banks, olhor 5hort-lerm Ilquid investm8n15 wh origlnal maturilles of thr&e months or less. and bank tsverdrafts. Bank ovordrafts are shown wlthin borrowings In current liabilf(185. Basic financial •88ets Basic Inanclal assets, which In¢lude trade and othef receivables and cash and bank balan¢o$, are Initially measured al transaelion prlce Including tmn5actlon costs and are 5ub5equantly carri8d al amortised ¢ost Using the ¥ffective interest method unless the arrangemgnt constitutes a ff n8ncing transaction, whara the transactlon is measured at th¢ present value of the luture recelpls discounted at a market rate of interest. Financial assets classlfi8d as receivable wllhin ong y8ar not amortised. B•sl¢ fln8n¢lal Ilabllltl•s Basic financial liabiif(ies, includlng trade and olh8r payables and bank loans are inf(ially recogni$¥d al transaction price unless the arrangement ¢onstilutes a financing transaction, wherè tho debt in5trumonl Is measured al the pr85enl value of the future payments discounted at a mark81 ralè of int8resL Financial liabilrtles classified 8$ payable wthin onè year are not amortisgd. Debt instrurnenls are subs8qu•nlly carried al amortlsed cost, using thè èffèctlve Interest rale method. Trade payables are obligations lo pay lor goods or services that have b8en acquired In th8 ordinary course of operations from suppliers. Amounts payable are classrfied 8s current liabilities rf payment is due within one year or less. 11 not, they ore presented as non-¢urrent liabilities. Tradg payables are recognised Inltially at transaction Price and subsequently measured at amortised cost using the eff6CtNe interest method.
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcle8 Icontlnuedl Derecognitlon of fin•ncl81 li•bilities Financial liabl1ftl arè derecognlsèd when thè's contractual obligations explra or are dLg¢harged or cancelled. 1.9 Employee beneflts Th8 Cost of any unus8tl holiday entlclemenl is recogni5ed In the p8rloE1 In whlch the emplDy80'S seNic85 arè re¢eNèd. T8rrritnalion benefits aré r•cognised Imrnediately as an expense when the 1$ demonstrably committed to términate the omploymgnt of an èmployee orto provide lormination benefits. Crltlcal •cGountlng e•tIMat and Judg•ments In the appllcallon of the 's accounting pollcies, thè trust888 ore requlred to make judgements, estlm8tas and as$umplion6 about the carrying amount ol ass¢ls and liabil(ties that are not readily apparent from other sources. Tho estlm8tes and 8$sOC181ed a$sumplions ar8 bosed on hislorlc81 exp¥rience gnd other factors th81 are eonsldor•d to bg r81evant. Actual r•sults may difl8r from th&$8 estimate$. Th8 ostimates 8nd undèrlylng assumptions are revie on an ongoing basi¥. Revlslons lo aecounllng •sllm818s are recognlsed in the pèriod in which the estimate r8vis8d whère the revislon affects only that period. or in lh8 Period of th& revision and future pèrlods where the revlsion aff8¢ts both current and future periods. Incom• Irom dOnOn0 and leq•¢l•• Unrestrlcted Restrlcted fund$ fund8 2025 202S Tot#1 Unre$trl¢ted Restrlctsd fund6 funds 2024 2024 Total 2025 2024 Donations and gifts Grants 3,500 4,967 3,500 240,842 11,110 11,834 30, 160 47,118 41,270 58.950 235,875 8,467 235,875 244.342 22,944 77.278 100.220 Income from charitRbh •ctlvlti Unrejtrlcted ndg 2025 Unre8trlct•d furhds 2024 A¢¢ommodatlon provlslon Charrtable rental income 14,273
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Incom• from oth•r tradlng xtfivltl•8 UnYe8trieted Unrestrithd funds fund8 2025 2024 Fundraising events 3,700 1,985 Income from Inv•stmento Unmtrlcted UnreBtrlcted ffiJnd8 fundjs 2025 2024 Interest rgcelvabl& 624 311 Exp•Trdltur• on ral•ing fund• Unmtrlcted Unr••trlct•d Jnd• lund• 2025 2024 Fundraljjlng and publlclty Othar fundraising costs 1.850 785
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Expenditure on eharltable 4CtlvltJe8 AccommcrflA ACMModa tion tk*n provl8ion provlslon 2025 2024 Dlroct cost8 Depreclatign and Impeirment Rent Wa18r rates General ratss TV licence Heat 8nd Ilght Printing costs Insurance R•p8lrs and r•n8wals Cléaning expenses Computer gxpenses Subscripllons stallonery Coaching sfrrvices 613 2,161 973 426 170 1,377 42 1,3e5 2,813 2,143 813 1,589 398 402 159 2,158 1.282 3,552 2,798 1,558 64 65 16,288 15.707 28,445 30,493 Analy•l• by tund Unrestricted funds R•slricted lunds 12,157 16,288 14.788 15,707 28,445 30,493 N•t movoment In funds 2025 2024 Th• nel movement In funds 15 slated aftar chargingl1cTedngl'. Fees p8yable for the independent oxamlnation of the charKy's financial statements Oepreclalion of ownèd prop¢ty. planl and equipm•nl 813 813 10 Trustees None of the trustees loi any persons connected with th•ml received any rernuneratlon or ben8ffts from th8 durlng the y8ar.
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 11 Employees Tho average monthly number of 8mploy8es dumng the yearw85'. 2025 Number 2024 Number Total Th8r8 werg no employé•s whose annual remunèration was more than £fjQ,000. 12 Taxation Th& cherily is exempl trom tsxalon on it8 aclvrties be¢aus¢ all Ils income 1$ applled for charlt&ble purposes. 13 Property. plant and •qulpm8nt Assots und•r conslrudknn Plant and •qulpment Total Cost At 1 Sepl•mb8r 2024 Additions 53,151 235,567 3,249 58,400 235,567 At 31 August 2025 288,718 3,249 291,987 D•prociation and Impalrm•nt At 1 September 2024 Dapreclalion charg8d In the yoar 813 813 813 813 At 31 August 2025 1,626 1,626 CArrylng amount At 31 August 2025 288.718 1,823 290,341 At 31 August 2024 53.151 2,43S 55,5e7 14 Reotrlct•d lund8 The reStCted funds of the charity comprise th8 unoxpended balances of donabons and granlts held on trust subjeet to specific conditions by donors a$ to how they may be used. At1 3eptamber 2024 Incomlng R•source$ re#ources •xpended Transfern At 31 August 2025 Rap project Property construction 1,058 67,115 15,230 220,645 116,2881 958 288,718 08,173 235,875 116,2881 958 288.718 12-
UNION PARK COMMUNITY SPORTS HUB NOTES TO ThE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 14 Restrloted fund8 Icontlnued) Previous year: At1 September 2023 Incomlng Resources reiourc expended Transfers At 31 August 2024 RAP prDj•Ct Prop•rty constfud.on 6,604 10,161 67,115 115.7071 1,058 67,115 e,604 77,278 115,7071 68,173 15 Unro4trl¢ted fund6 The unrestricted fvnd$ of the chaty eomprbse th8 un•xpended balances of donallons and grants which 8r8 not subjfj¢t lo $p8¢lfic conditions by donors and grantors a$ to how they may be used. These includ dèsignated funds which havo been sel aslde out of unièstrlcted funds by the trustees for spoclflc purposes. At1 S•pt•mber 2024 Incomlng re8our¢o8 R•source$ èxpended Tr4nsfor• At 31 Augu8t 2025 G6neral funds 16.984 27,064 113.8071 19581 31.283 Pr•vlDu• y•ar', At1 S•ptemb•r 2023 Incomlnq resour¢e• R••ources •xpended Tran8f•r• At 31 Augu4t 2024 General funds 9,315 25,240 115,5711 18,984 10 Analy•l8 of n•t a••ets between fund• Unrestrlcted Restrkled fund¥ funds 2025 2025 Totsl 2025 At 31 Augu•t2025.' Property, plant and equipment Current 8sselsllliabi1((ieg1 1,623 29,660 288,718 290,341 29,680 31,283 288,718 320,001 13-
UNION PARK COMMUNITY SPORTS HUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGusf 2025 16 Anly818 of nel Sets between lund$ Icontlnuedl Unrestrlcted fund8 2024 Re8trlcted fund8 2024 Total 2024 At 31 August 2024.. Property, plent and equipmant Currehl a660ts11liabilf(1osI 2,436 16.548 53,151 15,022 55,587 31,S70 18,984 88,173 87,157 17 R•lated party transactlon• There were no dl8¢lo$able rolaled party Iransactlons during the ye8r12024 none). 18 CMh generated from opertlon• 2025 2024 Surplu6 for the y•ar 232,844 71,238 Adlu•tment8 for: Inveslm8nt incorne r8cogn15ed in statement of fin8ncl81 a¢1111e5 Dgpr8ciation and impairment of property, p18nt and equipment 18241 813 813 Ci•h g•n8rat4d from opor*tl¢ns 233,033 71.740 19 AD•ly•l8 of change• In n•t fund¥ Th8 h8d no materlal d8bl durlng the year.