Company registration number 10024275 (England and Wales)
Charity registration number 1170748 (England and Wales)
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr S Armitage
Mr A Redmond
Mr A M Walker
Mr B A Fagborun
Mr N L Page
Mr C C Marsden
(Appointed 24 June 2024)
Secretary
Mr S Armitage
Country of incorporation
United Kingdom
10024275
(England and Wales)
Charity registration
England and Wales
1170748
Principal address
East Bierley Playing Fields
Off Hunsworth Lane
East Bierley
West Yorkshire
BD4 6PU
Registered office
20 Owl Lane
Dewsbury
West Yorkshire
WF12 7RQ
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
CONTENTS
Page
Trustees report
1 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Statement of cash flows
8
Notes to the financial statements
9 - 17
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

The Trustees present their annual report and financial statements for the year ended 31 December 2024, which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006 and "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

The Charity's objects are specifically restricted to the following , for the public benefit:

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance

During 2024, East Bierley Community Sports Association (EBCSA) continued to provide and maintain high-quality facilities for the local community and its member clubs. The Association successfully supported regular use of the grounds and changing rooms by football and rugby league teams, as well as community groups and event organisers.

Key achievements during the year included:

 

The Trustees are pleased to report that despite rising costs of utilities, maintenance, and financing, the Association has maintained its core activities and continued to deliver against its charitable objectives.

 

Financial review

The financial year ended 31 December 2024 saw a significant increase in total income to £180,465 (2023: £90,194), primarily due to restricted grant funding from Garfield Weston and Sport England (£120,878). Total expenditure was £100,421 (2023: £97,811), resulting in a net surplus of £80,044 (2023: deficit £7,617).

At the year end, the Association held total funds of £83,274, of which £116,779 were restricted and £33,505 were unrestricted (deficit). The unrestricted deficit reflects the Trustees’ continued use of general reserves to maintain operations while longer-term funding and income-generating opportunities are developed.

Cash at bank increased from £111,822 to £211,105, primarily due to the timing of grant receipts. The Association continues to meet its commitments on long-term borrowing, which stood at £221,961 at year end.

 

EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -

The Trustees continue to monitor cash flow closely and maintain the policy of holding reserves equivalent to three to six months of expenditure where possible. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. Although this level was not achieved during the year, reflecting investment into facilities and increased operational costs, efforts will continue in 2025 to rebuild unrestricted reserves.

 

The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Plans for future periods

The Trustees remain focused on the continued development and sustainability of the East Bierley site. Priorities for the forthcoming year include:

The Trustees are confident that these plans will ensure the site continues to provide lasting benefit to the community and support the advancement of amateur sport, health, and wellbeing in East Bierley and surrounding areas.

 

Structure, governance and management

The Charity is a company limited by guarantee , incorporated on 24 February 2016 and registered as a charity on 14 December 2016 .

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

 

Mr S Armitage
Mr R C Light
(Resigned 1 October 2025)
Mr A Redmond
Mr A M Walker
Mrs N J Redmond
(Resigned 1 October 2025)
Mr B A Fagborun
Mr D Smith
(Resigned 3 June 2024)
Mr N L Page
Mr C C Marsden
(Appointed 24 June 2024)
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -

The charity's preference is that all trustees have an interest, as well as the skills required to offer and assist the charity's development. There is no specific policy in place for inducting new trustees into the charity but is something which will be considered moving forward as it grows.

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The directors as a board agree and deliver the strategy and policies of the charity. The key objectives are to manage the site and its facilities and to also ensure that it is able to meet all its liabilities from a running cost perspective.

The organisational structure is detailed as follows:

 

Members

 

The liability of members is limited to £1 – this means that if the Charity dissolved each member would only have to provide £1 towards the cost of any liabilities (Article 3).

 

Members must be organisations (Article 6.4). However, the articles of the Charity state that if a member is an unincorporated organisation it needs to nominate a representative to act on its behalf (Article 6.3).

The current members of the Charity are:

 

The Charity also has two independent trustees who have the same voting power as the member clubs and these include:

 

 

(Article 6.2)

 

The members can appoint trustees. The Articles of the Charity say that each member can appoint at least 2 trustees who are themselves members, or are members of a current member (Article 8.3).

New members must be approved by a special resolution of the Charity (i.e. with the approval of 75% of the current members (article 6.4)). It is worth a quick line as to what constitutes a special resolution – this is passed if 75% or more of members voting at a general meeting approve the matter.

Trustees (article 8)

The trustees have control of the Charity, its property and funds. Trustees (other than independents (see below)) are appointed by members as referred to above and are removed in accordance with Article 8.5. There is to be a minimum of 5 trustees. Currently the Charity has 8.

The trustees can appoint the secretary, chairman, treasurer and can delegate their functions to committees. Each committee must be made up of at least one trustee. I refer to these board appointments later in the note.

The trustees have the responsibility of keeping the accounts and annual returns.

The trustee board must have at least two (subject to a maximum of three) independent trustees who are not also members. This is to ensure fairness and help in managing conflicts. Such trustees are appointed by the other trustees in accordance with Article 8.2. They are removed in accordance with Article 8.5.

 

The charity recognises that it has a responsibility to provide guidance and assist new trustees in fulfilling their duties and responsibilities. This is done in accordance with Charity Commission guidance.

 

EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -

The Trustees report was approved by the Board of Trustees.

Mr A M Walker
Trustee
30 October 2025
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
- 5 -

I report to the Trustees on my examination of the financial statements of East Bierley Community Sports Association (the Charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

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 that in any material respect:

1

accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements 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 financial statements to be reached.

Forrest Burlinson Chartered Accountants
20 Owl Lane, Shawcross, Dewsbury WF12 7RQ
Dated: 30 October 2025
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
20,810
-
20,810
560
-
560
Charitable activities
4
37,298
120,878
158,176
48,954
39,615
88,569
Investments
5
1,479
-
1,479
1,065
-
1,065
Total income
59,587
120,878
180,465
50,579
39,615
90,194
Expenditure on:
Charitable activities
6
76,695
23,726
100,421
70,873
26,938
97,811
Total expenditure
76,695
23,726
100,421
70,873
26,938
97,811
Net income/(expenditure) and movement in funds
(17,108)
97,152
80,044
(20,294)
12,677
(7,617)
Reconciliation of funds:
Fund balances at 1 January 2024
(16,397)
19,627
3,230
3,897
6,950
10,847
Fund balances at 31 December 2024
(33,505)
116,779
83,274
(16,397)
19,627
3,230

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

EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 7 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
11
144,942
146,133
Current assets
Debtors
12
488
1,265
Cash at bank and in hand
211,105
111,822
211,593
113,087
Creditors: amounts falling due within one year
14
(51,300)
(36,279)
Net current assets
160,293
76,808
Total assets less current liabilities
305,235
222,941
Creditors: amounts falling due after more than one year
15
(221,961)
(219,711)
Net assets
83,274
3,230
The funds of the Charity
Restricted income funds
16
116,779
19,627
Unrestricted funds
17
(33,505)
(16,397)
83,274
3,230

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 30 October 2025
Mr A M  Walker
Trustee
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 8 -
2024
2023
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from/(absorbed by) operations
20
96,296
(38,518)
Investing activities
Purchase of tangible fixed assets
(742)
(7,511)
Investment income received
1,479
1,065
Net cash generated from/(used in) investing activities
737
(6,446)
Financing activities
Proceeds from borrowings
2,250
(19,608)
Net cash generated from/(used in) financing activities
2,250
(19,608)
Net increase/(decrease) in cash and cash equivalents
99,283
(64,572)
Cash and cash equivalents at beginning of year
111,822
176,394
Cash and cash equivalents at end of year
211,105
111,822
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 9 -
1
Accounting policies
Charity information

East Bierley Community Sports Association is a private company limited by guarantee incorporated in England and Wales. The registered office is 20 Owl Lane, Dewsbury, West Yorkshire, WF12 7RQ.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006 and "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)". The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 10 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Nil
Plant and equipment
25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.6
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2
Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Donations and gifts
20,810
560
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 11 -
4
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Catering income
14,789
-
14,789
8,091
-
8,091
Pitch bookings
173
-
173
20,900
-
20,900
Advertising
625
-
625
-
-
-
Grants received
21,711
120,878
142,589
19,963
39,615
59,578
37,298
120,878
158,176
48,954
39,615
88,569
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
1,479
1,065
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 12 -
6
Charitable activities

Charitable Expenditure

Charitable Expenditure

2024
2023
£
£
Depreciation and impairment
1,933
2,318

Charitable events costs

16,064
24,884

Kitchen supplies

5,561
5,355

Advertising

3,843
477

Repairs and maintenance

14,992
16,484

Light and heat

5,673
3,446

Insurance

2,679
2,511

Legal and professional fees

30,269
23,592

Accountancy fees

2,863
2,845

Bank charges and interest

235
181

Sundries

116
661

Loan interest

9,606
15,057
Casual labour
6,557
-
Donation
30
-
100,421
97,811
Analysis by fund
Unrestricted funds
76,695
70,873
Restricted funds
23,726
26,938
100,421
97,811
7
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
800
800
Depreciation of owned tangible fixed assets
1,933
2,318
8
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 13 -
9
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
Total
0
0
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

No remuneration was paid to key management personnel.

10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Tangible fixed assets
Leasehold land and buildings
Plant and equipment
Total
£
£
£
Cost
At 1 January 2024
139,153
15,065
154,218
Additions
-
742
742
At 31 December 2024
139,153
15,807
154,960
Depreciation and impairment
At 1 January 2024
-
8,085
8,085
Depreciation charged in the year
-
1,933
1,933
At 31 December 2024
-
10,018
10,018
Carrying amount
At 31 December 2024
139,153
5,789
144,942
At 31 December 2023
139,153
6,980
146,133
12
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
11
311
Prepayments and accrued income
477
954
488
1,265
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 14 -
13
Loans and overdrafts
2024
2023
£
£
Other loans
248,091
245,841
Payable within one year
26,130
26,130
Payable after one year
221,961
219,711
14
Creditors: amounts falling due within one year
2024
2023
£
£
Borrowings
26,130
26,130
Other taxation and social security
19,470
479
Trade creditors
-
6,825
Accruals and deferred income
5,700
2,845
51,300
36,279
15
Creditors: amounts falling due after more than one year
2024
2023
£
£
Borrowings
221,961
219,711
16
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January 2024
Incoming resources
Resources expended
At 31 December 2024
£
£
£
£
Sport England Grant
6,950
90,878
(23,726)
74,102
Bench donation
120
-
-
120
NIF Grant
12,557
-
-
12,557
Garfield Weston Grant
-
30,000
-
30,000
19,627
120,878
(23,726)
116,779
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16
Restricted funds
(Continued)
- 15 -
Previous year:
At 1 January 2023
Incoming resources
Resources expended
At 31 December 2023
£
£
£
£
Sport England Grant
6,950
-
-
6,950
Sir George Martin Trust
-
3,000
(3,000)
-
Bench donation
-
500
(380)
120
BOLU Grant
-
1,500
(1,500)
-
NIF Grant
-
34,615
(22,058)
12,557
6,950
39,615
(26,938)
19,627
17
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2024
Incoming resources
Resources expended
At 31 December 2024
£
£
£
£
General funds
(16,397)
59,587
(76,695)
(33,505)
Previous year:
At 1 January 2023
Incoming resources
Resources expended
At 31 December 2023
£
£
£
£
General funds
3,897
50,579
(70,873)
(16,397)
18
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Tangible assets
144,942
-
144,942
Current assets/(liabilities)
43,514
116,779
160,293
Long term liabilities
(221,961)
-
(221,961)
(33,505)
116,779
83,274
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18
Analysis of net assets between funds
(Continued)
- 16 -
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 December 2023:
Tangible assets
146,133
-
146,133
Current assets/(liabilities)
57,181
19,627
76,808
Long term liabilities
(219,711)
-
(219,711)
(16,397)
19,627
3,230
19
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

20
Cash generated from/(absorbed by) operations
2024
2023
£
£
Surplus/(deficit) for the year
80,044
(7,617)
Adjustments for:
Investment income recognised in statement of financial activities
(1,479)
(1,065)
Depreciation and impairment of tangible fixed assets
1,933
2,318
Movements in working capital:
Decrease/(increase) in debtors
777
(1,004)
Increase/(decrease) in creditors
15,021
(31,150)
Cash generated from/(absorbed by) operations
96,296
(38,518)
EAST BIERLEY COMMUNITY SPORTS ASSOCIATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 17 -
21
Analysis of changes in net (debt)/funds
At 1 January 2024
Cash flows
At 31 December 2024
£
£
£
Cash at bank and in hand
111,822
99,283
211,105
Loans falling due within one year
(26,130)
-
(26,130)
Loans falling due after more than one year
(219,711)
(2,250)
(221,961)
(134,019)
97,033
(36,986)
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