| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| COUNTY DURHAM SPORT |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| COUNTY DURHAM SPORT |
| COUNTY DURHAM SPORT |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 | to | 10 |
| Cash Flow Statement | 11 |
| Notes to the Cash Flow Statement | 12 |
| Notes to the Financial Statements | 13 | to | 21 |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025. |
| Structure, governance and management |
| Nature of governing document |
| County Durham Sport is a registered charity, set up to promote community participation in healthy recreation for the benefit of inhabitants of County Durham. The provisions of its Memorandum and Articles of Association govern it. |
| County Durham Sport has a Board of Management who are responsible for the strategic direction of policy of the charitable company. At present the committee has six members from a variety of backgrounds relevant to the work of the charitable company. The charities' Manager Director is appointed by the Trustees to develop and manage the operations and activities of the charity. An Interim Managing Director has been seconded from within the Active Partnership network to oversee the Charity during a period of change. |
| Recruitment and appointment of trustees |
| The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. |
| Induction and training of trustees |
| All Trustees are recruited based on the skills required and the needs of the charity at that point in time and future plans. We also try where possible to ensure a fair gender balance and recruit a diverse perspective. All procedures are in line with the Charity Commission guidelines. |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| County Durham Sport is one of forty-three Active Partnerships across England funded by Sport England. We recognise that patterns of physical activity in County Durham are affected by inequality - in health, wealth and access to services. Our vision is: A healthy lifestyle is an easy choice for everyone and our mission: challenging inequalities and changing lives through sport and physical activity. |
| Taking an evidence based partnership approach, we work to ensure that a healthy lifestyle is an easy choice for everyone. By learning together, we believe we can shift understanding and promote action that raises ambition and reduces inequality. We want to create a happier, healthy county by learning, sharing and collaborating with partners to raise ambitions and inspire change. |
| Our priorities: |
| Children and Young People - positive experiences and physical literacy to shape healthy and active futures. |
| Building capacity - upskilling local communities to develop the local physical activity workforce. |
| Community engagement - working with local people to co-produce and co-design projects. |
| Health and wellbeing - using sport and physical activity as a means to improve health and wellbeing. |
| Active travel - promoting active travel as healthy and green. |
| Active environment - creating an environment where being active is an easy and accessible choice. |
| What's our challenge? |
| In County Durham 1 in 5 people do no activity at all. People from less affluent backgrounds, people with limiting illness, older people and disabled people are less likely to be physically active. Patterns of inactivity vary from place to place with health inequalities varying across our county, as does life expectancy. |
| Tackling inactivity in County Durham is a huge challenge, especially given the significant social, economic and health-related challenges we also face here. We believe that positive change is possible. But it requires a collaborative whole-systems approach, with a holistic understanding of people's day to day lived experience. Research has also shown the complexity of leading a physically active lifestyle, with a range of factors (e.g. disability and long-term health conditions, age, gender and ethnicity) impacting on levels of activity. |
| How can we help? |
| We empower local people to be more active. We do this by working with local organisations and senior leaders to influence a more equal, collaborative, and proactive approach to making a healthy lifestyle an easy choice for everyone. |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| What have we achieved? |
| How we work has changed to be more holistic and to see that people's engagement in physical activity is influenced by many factors. This approach to the work is called system thinking. In simple terms, this means that we understand that people cannot take part in sport and physical activity if they are hungry, do not have the right kit or their parks are dark and unsafe. It's not just about providing clubs and classes but in thinking about how activity can be blocked by other life experiences. For example, you want to go to a football club but there isn't a bus from where you live to get you there and back safely. |
| 'The system' can be thought of simply as the world we live in. All things and people are connected and influence each other. 'Systems thinking' is a way of exploring and developing effective solutions by looking at 'the whole system' - rather than separate parts of the system in isolation. |
| We work with partners across this system to shift the mind-sets, conditions, and ways of working that make it difficult for people to be active. We recognise that all our achievements come about through partnership with local community groups and organisations - without whom, we could not achieve our goals. |
| Our work with our partners is valued, with 83% of them telling us that working with County Durham Sport had a positive or very positive outcome on their organisation. |
| Environment and Infrastructure |
| County Durham Sport has become an integral member of the County Durham Partnership Place, Health and Communities Board and have presented to the members at a recent Board meeting. This provides good connections with partners working on similar agendas across Durham. |
| County Durham Sport has also been named as a partner of the Coastal Rural Communities' Active and Sustainable Travel (COAST) funded project, a joint research initiative with Durham and Exeter Universities, contributing to policy analysis and community research. |
| We advocate for active travel at a regional level through the North East Combined Authority (NECA) and attended the roundtable for the active travel ambition for the region. |
| We have also responded to several planning and transport consultations including the North East Transport Plan and stayed up to date with the changing planning landscape under the new government including the revisions to the National Planning Policy Framework. |
| We continue to strengthen relationships in this area to influence the health and environmental benefits of the use of green and blue space and have also formed new relationships with partners such as Natural England where we co-hosted an event promoting green social prescribing linked to our place-based work in Peterlee. |
| Youth Voice |
| This year over 200 pupils across County Durham have been involved in our Youth Voice project - a project designed to gather input from pupils on PE and sport within their schools to help raise physical activity levels in their schools. |
| School Games |
| 18,874 pupils from 128 schools attended the Christmas 2024 School Games Live - a virtual event which is a one-hour fun fitness session that schools can access for free. We are also in the process of creating a series of pre-recorded short active blast videos that schools can access for quick fun fitness sessions, supporting teachers to add physical activity more easily into the school day. |
| As a result of feedback gathered from pupils, Padel, Karting, Cycling, Skateboarding, Quidditch, Space HopperFootball, Roundnet, Nerf, Tag Archery have been added to the School Games programme this year. This also supports us to further influence and encourage schools on how they might re-frame physical activity to engage those that are least active. |
| Adventure Learning Framework |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Six County Durham schools are taking part in a pilot for The Outdoor Partnership's Adventure Learning Framework (TOP-ALF). This exciting new initiative is being funded by County Durham Sport and is designed to engage pupils in outdoor activities both on and off school sites until its conclusion in July 2026. The pilot aims to build partnerships with local outdoor activity providers to deliver high-quality experiences for pupils and lay the groundwork for what could become a nationwide programme. |
| The pilot includes primary, secondary, SEND (special educational needs and disability) and Pupil Referral Unit settings. |
| Sport Welfare Officer |
| The Sport Welfare Officer Network (SWO network) has been created to support National Governing Bodies (NGBs) and their local clubs to promote good practice and safer sport for all. |
| County Durham Sport is working with key partners to develop a local approach to assisting and supporting club welfare officers, to create safer club environments and improved experiences for children, young people and adults. This work has involved working directly with clubs, NGBs and a range of partners to understand culture and provision around safeguarding. |
| Our Sport Welfare Officer is also part of the Child Exploitation Working Group in County Durham, the Durham Safeguarding Children's Partnership and Safeguarding Adults Board. |
| Moving Together Peterlee (Our Place-based approach) |
| Moving Together Peterlee is our second phase of our Pilot Place-based approach to tackling inactivity in a 'place'. This work builds on the learning from Active Shildon and Active Valleys and is supporting the development of our collaborative approach to place-based working in Co. Durham. Peterlee, as a place, was identified due to its high levels of inactivity, its high levels of deprivation, but, its strong 'readiness' to work together to tackle these stubborn inequalities that cause high levels of inactivity. |
| As a result of our learning from Active Shildon and Valleys, we have focused our attention on our engagement approach to ensure; 1) we have the right partners on board, 2) we have a wide range on partners engaged, 3) partners have a good understanding about why tackling inactivity is important to their organisation, and 4) partners are clear about how they can contribution to tackling inactivity in place (and beyond). |
| To strengthen our engagement approach, we have held four separate key engagement events to bring all partners together and engage them on the journey (July, Oct, Dec, March) We have used these events to consult and gain a better understanding of the barriers, to get under the skin of the challenges that make it difficult for people to be active; and to better understand the assets and opportunities in Peterlee, to enable people to become more active. We have worked directly with partners, individually and as groups, to help identify why this is important to them and their communities, and explored how we can work differently together to address some of the difficulties and challenges being surfaced by the consultation work. |
| Through this engagement work, we are developing a Network of interested organisations and exploring a variety of mechanisms that we are hoping will help us work better together (and differently together) to support us to develop the 'right conditions' in a place, to enable more people to embed moving into their lives. |
| Diversity and Inclusion |
| Our Diversity and Inclusion Action Plan (DIAP) was approved by Sport England and work to implement the DIAP is progressing. The DIAP is designed to ensure that diversity and inclusion is embedded at every level of the organisation. |
| The DIAP will be centred on 5 core Equality, Diversity and Inclusion ambitions: |
| 1. Our leaders are passionate and recognise the importance of Equality, Diversity and Inclusion to address inequalities in activity levels in County Durham |
| 2. Our organisation is reflective of our county. |
| 3. We are skilled, knowledgeable and passionate about Equality, Diversity and Inclusion. |
| 4. Our culture is inclusive and derived by addressing inequalities. |
| 5. We are seen as an organisation that values the importance of Equality, Diversity and Inclusion in tackling inequalities in all that we do. |
| Our DIAP will address the improvements required across the organisation to ensure that CDS is more inclusive and more diverse. |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| For further examples of our successes please refer to our Annual Impact Report. |
| Financial Review |
| During the year, investment was derived mostly from grant funding from sources including Sport England. The financial position shows net income of £45,064. |
| Where any fund is materially in deficit reserves will be used to balance the funds. |
| Major risks and management of those risks |
| The key risk to County Durham Sport on an ongoing basis, is the extent to which we are dependent on public funding, from Sport England and the challenge moving forward is to be able to sustain this degree of support from Sport England, whilst also diversifying income streams through income generation and other external grant aid. Funding from Sport England is confirmed to year end 2027. |
| Allied to the above, is the key challenge to retain and where necessary recruit team members, in the context of uncertain funding. |
| The final key risk is the strategic positioning of County Durham Sport given the appointment of the first North East Regional Mayor. |
| County Durham Sport manages risk through a comprehensive risk management policy and matrix. Risk is managed by the Finance, Risk and Audit Committee. During this year the board have considered options regarding the future operating model of County Durham Sport, based on the strategic context of the North East Combined Authority and the analysis of other risks relating to governance, management and future funding. |
| Trustees continue to review all major risks to which the charity may be exposed. The charity's internal financial controls are designed to mitigate against loss. These include and are not limited to: delegation of authority, budgets approved by board for the following year in December, regular review of finances by Trustees including variations from budgets, two-factor authentication on banking, Trustees approve investments and investment policy, if any and set objectives. |
| No significant events affected financial performance and financial position during the year. |
| General Reserves Policy |
| Fund | Calculation or Rationale | Target Value |
| Working balance: | 15% of monthly expenditure | £5,000 |
Redundancy reserve: |
Based on statutory minimum with County Durham Sport enhanced terms |
£40,000 |
Legal reserve: |
Average industrial tribunal dismissal cost |
£50,000 |
Business closure costs: |
3 months of skeleton Senior Management structure and management costs. |
£30,000 |
| Total | £125,000 |
| Policy on Reserves |
| The calculation of free reserves is based on the definition included in the charity statement of recommended practice (SORP), which provides recommendations for accounting and reporting for charities. The trustees have examined the requirements of the charity to hold free reserves - those reserves not invested in tangible fixed assets, excluding long term liabilities, or designated for a particular purpose. The Trustees considered it would be appropriate to hold approximately £125,000 in free reserves. |
| Fundraising disclosures |
| The charity is required to report how it deals with fundraising from the public. The charity does not use a professional fundraiser or commercial participator to raise funds. Any monies raised direct from the public follows all guidelines set out by the Charity Commission and UK law in every respect. We respect the privacy and contact preferences of all public donors. |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Public benefit |
| The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. |
| Future Plans |
| Looking ahead to 2025-2026, following a consultation process, County Durham Sport will cease trading, and funds will be transferred to Rise North East following the creation of one Active Partnership to cover the geography of Northumberland Tyne and Wear and County Durham. |
| Statement of Trustees' Responsibilities |
| The trustees (who are also the directors of County Durham Sport for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. |
| Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to: |
| - select suitable accounting policies and apply them consistently; |
| - observe the methods and principles in the Charities SORP; |
| - make judgements and estimates that are reasonable and prudent; |
| - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
| - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. |
| The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Lesley Stabler BA(Hons) FCCA |
| RMT Ribchesters |
| Accountants and Business Advisors |
| Finchale House |
| Belmont Business Park |
| Durham |
| DH1 1TW |
| Approved by order of the board of trustees on |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
| COUNTY DURHAM SPORT |
| Independent examiner's report to the trustees of County Durham Sport ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. |
| Responsibilities and basis of report |
| As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
| 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, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
| Independent examiner's statement |
| Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. |
| I have completed my examination. I 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 Company as required by Section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | the accounts 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 accounts 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)). |
| I 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. |
| Lesley Stabler BA(Hons) FCCA |
| The Association of Chartered Certified Accountants |
| RMT Ribchesters |
| Accountants and Business Advisors |
| Finchale House |
| Belmont Business Park |
| Durham |
| DH1 1TW |
| 16 July 2025 |
| COUNTY DURHAM SPORT |
| STATEMENT OF FINANCIAL ACTIVITIES |
| (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| funds | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies | 2 |
| Charitable activities | 4 |
| Investment income | 3 |
| Total |
| EXPENDITURE ON |
| Charitable activities | 5 |
| NET INCOME |
| Transfers between funds | 14 | (26,742 | ) | 26,742 | - | - |
| Net movement in funds | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 345,196 |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| funds | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 11 |
| CURRENT ASSETS |
| Debtors | 12 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 13 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 14 |
| Unrestricted funds | 249,463 |
| Restricted funds | 95,733 |
| TOTAL FUNDS | 345,196 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
| COUNTY DURHAM SPORT (REGISTERED NUMBER: 09964013) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| COUNTY DURHAM SPORT |
| CASH FLOW STATEMENT |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| Cash flows from operating activities |
| Cash generated from operations | 1 | (43,414 | ) | 108,958 |
| Net cash (used in)/provided by operating activities | (43,414 | ) | 108,958 |
| Cash flows from investing activities |
| Purchase of tangible fixed assets | (428 | ) | (534 | ) |
| Net cash used in investing activities | (428 | ) | (534 | ) |
| Change in cash and cash equivalents in the reporting period |
(43,842 |
) |
108,424 |
| Cash and cash equivalents at the beginning of the reporting period |
440,860 |
332,436 |
| Cash and cash equivalents at the end of the reporting period |
397,018 |
440,860 |
| COUNTY DURHAM SPORT |
| NOTES TO THE CASH FLOW STATEMENT |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
| 2025 | 2024 |
| £ | £ |
| Net income for the reporting period (as per the Statement of Financial Activities) |
44,198 |
45,596 |
| Adjustments for: |
| Depreciation charges | 261 | 119 |
| Decrease in debtors | 2,657 | 18,290 |
| (Decrease)/increase in creditors | (90,530 | ) | 44,953 |
| Net cash (used in)/provided by operations | (43,414 | ) | 108,958 |
| 2. | ANALYSIS OF CHANGES IN NET FUNDS |
| At 1.4.24 | Cash flow | At 31.3.25 |
| £ | £ | £ |
| Net cash |
| Cash at bank and in hand | 440,860 | (43,842 | ) | 397,018 |
| 440,860 | (43,842 | ) | 397,018 |
| Total | 440,860 | (43,842 | ) | 397,018 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Income |
| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
| Expenditure |
| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant and machinery | - |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Pension costs and other post-retirement benefits |
| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
| Going concern |
| The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. |
| Estimation uncertainty and judgements |
| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. |
| Deferred income |
| Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: |
| - The donor specifies that the grant or donation must only be used in future accounting periods; or |
| - The donor has imposed conditions which must be met before the charity has unconditional entitlement. |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | ACCOUNTING POLICIES - continued |
| Investment income |
| Bank interest is recognised once notification has been received of the interest due. |
| Raising funds |
| These are costs incurred in attracting voluntary income and those incurred in trading activities that raise funds. |
| Charitable activities |
| Charitable expenditure comprises those costs incurred by the charity i the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. |
| Support costs |
| Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. |
| Governance costs |
| These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustee's meetings and reimbursed expenses. |
| Government grants |
| Government grants are recognised based on the performance model and are measured at the fair value of the asset received or receivable. Grants are classified as revenue. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. |
| Trade debtors |
| Trade debtors are amounts due from the customers for merchandise sold or services performed in the ordinary course of business. |
| Cash and cash equivalents |
| Cash and cash equivalents compromise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant amount of risk of change in value. |
| Trade creditors |
| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. |
| Fund structure |
| Unrestricted income funds, including those designated, are general funds that are available for use at the trustees discretion in furtherance of he objectives of the charity. |
| Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2. | DONATIONS AND LEGACIES |
| 2025 | 2024 |
| £ | £ |
| Gifts |
| Course income |
| Miscellaneous income |
| 3. | INVESTMENT INCOME |
| 2025 | 2024 |
| £ | £ |
| Interest received |
| 4. | INCOME FROM CHARITABLE ACTIVITIES |
| 2025 | 2024 |
| Activity | £ | £ |
| Grants | Charitable Activities | 510,261 | 637,414 |
| Grants received, included in the above, are as follows: |
| 2025 | 2024 |
| £ | £ |
| Active Places | 17,889 | 9,849 |
| Opening Up School Facilities | 31,728 | 31,730 |
| Delivery Funding | 50,000 | 50,000 |
| Moving Communities | - | 26,400 |
| Sports Welfare Officer | 54,600 | 27,300 |
| Systemic and Governing | 356,044 | 492,135 |
| 510,261 | 637,414 |
| 5. | CHARITABLE ACTIVITIES COSTS |
| Support |
| Direct | costs (see |
| Costs | note 6) | Totals |
| £ | £ | £ |
| Charitable Activities | 447,440 | 27,522 | 474,962 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 6. | SUPPORT COSTS |
| Governance |
| Other | costs | Totals |
| £ | £ | £ |
| Charitable Activities | 23,122 | 4,400 | 27,522 |
| 7. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 2025 | 2024 |
| £ | £ |
| Independent examiners costs | 4,400 | 3,650 |
| Depreciation - owned assets |
| 8. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| 9. | STAFF COSTS |
| 2025 | 2024 |
| £ | £ |
| Wages and salaries |
| Social security costs |
| Other pension costs |
| 340,120 | 414,143 |
| The average monthly number of employees during the year was as follows: |
| 2025 | 2024 |
| Staff |
| The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: |
| 2025 | 2024 |
| £60,001 - £70,000 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| funds | funds | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Investment income |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 245,564 | 54,036 |
| TOTAL FUNDS CARRIED FORWARD | 249,463 | 95,733 | 345,196 |
| 11. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Pensions | - | 5,982 |
| Net wages | - | 33,983 |
| Accrued expenses |
| 14. | MOVEMENT IN FUNDS |
| Net | Transfers |
| movement | between | At |
| At 1.4.24 | in funds | funds | 31.3.25 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 124,463 | 4,947 | (26,742 | ) | 102,668 |
| Working Balance Reserve | 5,000 | - | - | 5,000 |
| Redundancy Reserve | 40,000 | - | - | 40,000 |
| Legal Reserve | 50,000 | - | - | 50,000 |
| Business Closure Reserve | 30,000 | - | - | 30,000 |
| 4,947 | ( |
) |
| Restricted funds |
| Coaching and workforce | - | (19,344 | ) | 19,344 | - |
| Recreational Running | 7,135 | (4,800 | ) | - | 2,335 |
| Mental Health | 17,167 | - | (1,167 | ) | 16,000 |
| SE Satellite Clubs - Delivery | - | (12,023 | ) | 12,023 | - |
| Tackling Inequalities | 4,050 | - | - | 4,050 |
| Active Places | 11,353 | 6,116 | (6,131 | ) | 11,338 |
| Opening Up School Facilities | 17,921 | (17,827 | ) | (94 | ) | - |
| Delivery Funding | 4 | (2,771 | ) | 2,767 | - |
| Sport Welfare Officer | 21,621 | 17,216 | (6,082 | ) | 32,755 |
| Systemic & Governing | 16,482 | 72,684 | 6,082 | 95,248 |
| 39,251 |
| TOTAL FUNDS | 44,198 | 389,394 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 14. | MOVEMENT IN FUNDS - continued |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 8,781 | (3,834 | ) | 4,947 |
| Restricted funds |
| Coaching and workforce | - | (19,344 | ) | (19,344 | ) |
| Recreational Running | - | (4,800 | ) | (4,800 | ) |
| SE Satellite Clubs - Delivery | - | (12,023 | ) | (12,023 | ) |
| Active Places | 17,889 | (11,773 | ) | 6,116 |
| Opening Up School Facilities | 31,728 | (49,555 | ) | (17,827 | ) |
| Delivery Funding | 50,000 | (52,771 | ) | (2,771 | ) |
| Sport Welfare Officer | 54,716 | (37,500 | ) | 17,216 |
| Systemic & Governing | 356,046 | (283,362 | ) | 72,684 |
| ( |
) | 39,251 |
| TOTAL FUNDS | ( |
) | 44,198 |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.4.23 | in funds | 31.3.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 120,564 | 3,899 | 124,463 |
| Working Balance Reserve | 5,000 | - | 5,000 |
| Redundancy Reserve | 40,000 | - | 40,000 |
| Legal Reserve | 50,000 | - | 50,000 |
| Business Closure Reserve | 30,000 | - | 30,000 |
| 245,564 | 3,899 | 249,463 |
| Restricted funds |
| Recreational Running | 7,135 | - | 7,135 |
| Mental Health | 17,167 | - | 17,167 |
| Tackling Inequalities | 14,074 | (10,024 | ) | 4,050 |
| Active Places | 1,504 | 9,849 | 11,353 |
| Opening Up School Facilities | 14,082 | 3,839 | 17,921 |
| 2022 Commomwealth Games Legacy | 74 | (74 | ) | - |
| Delivery Funding | - | 4 | 4 |
| Sport Welfare Officer | - | 21,621 | 21,621 |
| Systemic & Governing | - | 16,482 | 16,482 |
| 54,036 | 41,697 | 95,733 |
| TOTAL FUNDS | 299,600 | 45,596 | 345,196 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 14. | MOVEMENT IN FUNDS - continued |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 5,903 | (2,004 | ) | 3,899 |
| Restricted funds |
| Tackling Inequalities | - | (10,024 | ) | (10,024 | ) |
| Active Places | 9,849 | - | 9,849 |
| Opening Up School Facilities | 31,730 | (27,891 | ) | 3,839 |
| 2022 Commomwealth Games Legacy | - | (74 | ) | (74 | ) |
| Moving Communities | 26,400 | (26,400 | ) | - |
| Delivery Funding | 50,162 | (50,158 | ) | 4 |
| Sport Welfare Officer | 27,300 | (5,679 | ) | 21,621 |
| Systemic & Governing | 492,135 | (475,653 | ) | 16,482 |
| 637,576 | (595,879 | ) | 41,697 |
| TOTAL FUNDS | 643,479 | (597,883 | ) | 45,596 |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net | Transfers |
| movement | between | At |
| At 1.4.23 | in funds | funds | 31.3.25 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 120,564 | 8,846 | (26,742 | ) | 102,668 |
| Working Balance Reserve | 5,000 | - | - | 5,000 |
| Redundancy Reserve | 40,000 | - | - | 40,000 |
| Legal Reserve | 50,000 | - | - | 50,000 |
| Business Closure Reserve | 30,000 | - | - | 30,000 |
| 245,564 | 8,846 | (26,742 | ) | 227,668 |
| Restricted funds |
| Coaching and workforce | - | (19,344 | ) | 19,344 | - |
| Recreational Running | 7,135 | (4,800 | ) | - | 2,335 |
| Mental Health | 17,167 | - | (1,167 | ) | 16,000 |
| SE Satellite Clubs - Delivery | - | (12,023 | ) | 12,023 | - |
| Tackling Inequalities | 14,074 | (10,024 | ) | - | 4,050 |
| Active Places | 1,504 | 15,965 | (6,131 | ) | 11,338 |
| Opening Up School Facilities | 14,082 | (13,988 | ) | (94 | ) | - |
| 2022 Commomwealth Games Legacy | 74 | (74 | ) | - | - |
| Delivery Funding | - | (2,767 | ) | 2,767 | - |
| Sport Welfare Officer | - | 38,837 | (6,082 | ) | 32,755 |
| Systemic & Governing | - | 89,166 | 6,082 | 95,248 |
| 54,036 | 80,948 | 26,742 | 161,726 |
| TOTAL FUNDS | 299,600 | 89,794 | - | 389,394 |
| COUNTY DURHAM SPORT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 14. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 14,684 | (5,838 | ) | 8,846 |
| Restricted funds |
| Coaching and workforce | - | (19,344 | ) | (19,344 | ) |
| Recreational Running | - | (4,800 | ) | (4,800 | ) |
| SE Satellite Clubs - Delivery | - | (12,023 | ) | (12,023 | ) |
| Tackling Inequalities | - | (10,024 | ) | (10,024 | ) |
| Active Places | 27,738 | (11,773 | ) | 15,965 |
| Opening Up School Facilities | 63,458 | (77,446 | ) | (13,988 | ) |
| 2022 Commomwealth Games Legacy | - | (74 | ) | (74 | ) |
| Moving Communities | 26,400 | (26,400 | ) | - |
| Delivery Funding | 100,162 | (102,929 | ) | (2,767 | ) |
| Sport Welfare Officer | 82,016 | (43,179 | ) | 38,837 |
| Systemic & Governing | 848,181 | (759,015 | ) | 89,166 |
| 1,147,955 | (1,067,007 | ) | 80,948 |
| TOTAL FUNDS | 1,162,639 | (1,072,845 | ) | 89,794 |
| 15. | RELATED PARTY DISCLOSURES |