REGISTERED COMPANY NUMBER: 04215340 (England and Wales)

REGISTERED CHARITY NUMBER: 1151002

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

CLEE FIELDS MANAGEMENT COMPANY LIMITED

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

Notes to the Financial Statements

6

to

10

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charities object is the promotion of community participation in healthy recreation by providing facilities for playing sport.

PUBLIC BENEFIT

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees/Directors consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Charity continues to aid the advancement of health through recreation for young people, the elderly and people with disabilities by meeting the needs of various groups and making the best use of the resources available to us. The Fusion and Well Being centre whose premises are next door to our facility received funding from the local council and the Police Commissioners office to offer sporting opportunities to hard-to-reach youngsters and to this end we entered into an agreement with Fusion for them to hire our facility for that purpose for a year. This arrangement has continued for this financial year. We have continued to make the premises available free of charge for a holiday club organised by Fusion during school holidays. The premises continue to be used for various sports on a continuous basis.

FINANCIAL REVIEW

Financial position

Letting income is as expected and we do not have any financial concerns for the short to medium term although the completion of the 3g pitches at Clee Fields has resulted in one of the junior football teams cancelling their booking with us and moving to use the all-weather pitches. We hope to extend the premises in the medium to long term have approached the council and they have agreed to lease us the land adjoining the sports hall. Unfortunately, the council discovered the land belongs to the Football Association and are in negotiations with them to release it. We have allowed our funds to increase as we expect will need to match fund at least some the finance required to extend the premises.

Reserves policy

The trustees monitor income and expenditure on a regular basis to ensure reserves are held at an adequate level. We have been able to maintain our reserves due to good financial management.

FUTURE PLANS

The charity seeks to continue to develop and improve its existing facilities. NELC have completed the regeneration of the Clee Fields site but, at the moment it has not affected our operation. As mentioned previously we have approached NELC regarding adding the grassed area around the sports hall to our lease so that we can consider a modest extension of our premises.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its memorandum and articles of association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04215340 (England and Wales)

Registered Charity number

1151002

Registered office

1 Westkirke Avenue

Scartho

GRIMSBY

DN33 2HS

Trustees

Mrs. A C Bray

M J Corry

J. M. Corry

P A Heath

J Hancock

Independent Examiner

H. J. Spauls F.C.A

12 Abbey Road

GRIMSBY

DN32 0HL

Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by:

M J Corry - Trustee

Independent examiner's report to the trustees of Clee Fields Management Company Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 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

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.

H. J. Spauls

H. J. Spauls F.C.A

12 Abbey Road

GRIMSBY

DN32 0HL

20 August 2025

30.4.25

30.4.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Core Activities

36,841

-

36,841

31,604

Investment income

2

4,037

-

4,037

3,606

Total

40,878

-

40,878

35,210

EXPENDITURE ON

Charitable activities

Core Activities

26,440

-

26,440

23,731

NET INCOME

14,438

-

14,438

11,479

RECONCILIATION OF FUNDS

Total funds brought forward

150,364

-

150,364

138,885

TOTAL FUNDS CARRIED FORWARD

164,802

-

164,802

150,364

30.4.25

30.4.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

6

32,931

-

32,931

30,460

CURRENT ASSETS

Debtors

7

2,170

-

2,170

5,375

Cash at bank and in hand

137,101

-

137,101

120,932

139,271

-

139,271

126,307

CREDITORS

Amounts falling due within one year

8

(7,400

)

-

(7,400

)

(6,403

)

NET CURRENT ASSETS

131,871

-

131,871

119,904

TOTAL ASSETS LESS CURRENT LIABILITIES

164,802

-

164,802

150,364

NET ASSETS

164,802

-

164,802

150,364

FUNDS

9

Unrestricted funds

164,802

150,364

TOTAL FUNDS

164,802

150,364

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 20 August 2025 and were signed on its behalf by:

M J Corry - Trustee

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.

Improvements to property

-

5% Straight Line

Plant and machinery

-

20% Straight Line

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.

2.	INVESTMENT INCOME

30.4.25

30.4.24

£

£

Deposit account interest

4,037

3,606

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.4.25

30.4.24

£

£

Independent examiners' fee

720

690

Depreciation - owned assets

2,892

2,749

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Core Activities

31,604

-

31,604

Investment income

3,606

-

3,606

Total

35,210

-

35,210

EXPENDITURE ON

Charitable activities

Core Activities

23,731

-

23,731

NET INCOME

11,479

-

11,479

RECONCILIATION OF FUNDS

Total funds brought forward

138,885

-

138,885

TOTAL FUNDS CARRIED FORWARD

150,364

-

150,364

6.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 May 2024

43,195

32,248

75,443

Additions

-

5,363

5,363

At 30 April 2025

43,195

37,611

80,806

DEPRECIATION

At 1 May 2024

13,014

31,969

44,983

Charge for year

2,160

732

2,892

At 30 April 2025

15,174

32,701

47,875

NET BOOK VALUE

At 30 April 2025

28,021

4,910

32,931

At 30 April 2024

30,181

279

30,460

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

1,866

5,094

Other debtors

304

281

2,170

5,375

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

7,400

6,403

9.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

150,364

14,438

164,802

TOTAL FUNDS

150,364

14,438

164,802

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

40,878

(26,440

)

14,438

TOTAL FUNDS

40,878

(26,440

)

14,438

Comparatives for movement in funds

Net

movement

At

At 1.5.23

in funds

30.4.24

£

£

£

Unrestricted funds

General fund

138,885

11,479

150,364

TOTAL FUNDS

138,885

11,479

150,364

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

35,210

(23,731

)

11,479

TOTAL FUNDS

35,210

(23,731

)

11,479

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.5.23

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

138,885

25,917

164,802

TOTAL FUNDS

138,885

25,917

164,802

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

76,088

(50,171

)

25,917

TOTAL FUNDS

76,088

(50,171

)

25,917

10.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.

11.	OPERATING LEASES

Clee Fields Management Company Limited signed a 25 year lease in March 2018.

There is no rent payable to occupy the short leasehold property.