REGISTERED COMPANY NUMBER: 13264923 (England and Wales)

REGISTERED CHARITY NUMBER: 1195500

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BARWELL SPORTS TRUST

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Statement of Financial Position

6

to

7

Notes to the Financial Statements

8

to

16

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 31 March 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 charity's purposes (objects) are for the public benefit generally but with particular reference to the inhabitants of Barwell and Leicester and its surrounding areas:

-3.1 to promote community participation in healthy recreation by providing facilities for the playing of sports capable of improving fitness and health (facilities in this article 3 (objects) means land, buildings, equipment and organising sporting activities);

-3.2 to advance amateur sport by promoting such sports or games which promote health by involving physical or mental skill or exertion and which are undertaken on an amateur basis;

-3.3 to provide and assist in the provision of facilities for sport, recreation and other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life; and

-3.4 to advance the education of the public, in particular, children and young people (including their physical and academic education) by such means as the trustees may from time to time determine.

Significant activities

The management of and hiring out of a 3G football pitch at Barwell sports complex.

The trustees extend their thanks to the key funders who made this possible:

-The Football Foundation

-The Football Stadia Improvement Fund

-All the local individuals and businesses who donated towards the project

Public benefit

The trustees have paid due regard to the guidance issued by the charity commission on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The 3G pitch at Barwell sports complex now has regular bookings throughout the week. This includes local ladies, junior and amateur teams. Over 900 people per week benefit from the facility. A partnership has been established with Leicester City FC in the community and two football camps have been held in school holidays for local young people.

Volunteers, along with our own volunteers and an outside contractor, maintain the facility to the required legal standard for use by all users. No amount is included in the financial statements for volunteer time in line with the SORP.

FINANCIAL REVIEW

Financial position

The accounts show a deficit in the year. This is due to the depreciation on the pitch.

The day to day running of the pitch has operated at a surplus.

The charity has total funds carried forward of £423,198 (2024: £461,574) made up of unrestricted funds of £27,727 (2024: £33,122), designated funds of £48,000 (2024: £32,000) and restricted funds of £347,471 (2024: £396,452).

This includes cash reserves of £56,218 (2024: £33,095).

At the year end the unrestricted reserves were a surplus.

Reserves policy

A clear policy by the trustees is to hold funds for the future resurfacing of the facility estimated in 10 years time, it has been suggested by the football foundation that £25,000 per year needs to be allocated into a sinking fund.

At the end of each financial period, the trustees review the financial position of the charity and transfer surplus cash balances to this fund. The trustees will take steps to address any shortfall as required when the pitch needs resurfacing.

FUTURE PLANS

The charity intends to continue work with the local community providing footballing facilities to local clubs, groups and individuals through rent of the 3G pitch.

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.

Recruitment and appointment of new trustees

Trustees are chosen if they reflect the ethos of the sports trust and are involved in local sport in the Barwell community.

Induction and training of new trustees

There are no formal policies or procedures in place with respect to the induction and training of trustees, which is undertaken as and when considered beneficial to the Charity. However, upon appointment all trustees are made aware of their responsibilities and are referred to the appropriate charity commission guidance for trustees.

Risk management

The trustees perceive the only significant risk to the charity is if demand for and bookings of the pitch were to fall. However, there are the agreements noted in this report with Barwell Football Club and Leicester City in the Community which mitigate this, and post year-end the pitch has been fully booked.

The Trustees have reviewed the major risks to which the Charity is exposed and systems have been established to mitigate those risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

13264923 (England and Wales)

Registered Charity number

1195500

Registered office

Barwell Sports Club The Cricket Field

Kirkby Road

Barwell

Leicester

LE9 8FQ

Trustees

D J Laing Managing Director

S W Mathieson Managing Director

T D Wright Operations Manager

R W Guest Despatch Co-Ordinator

C P Trapps Director/ Fire and Security Engineer

Independent Examiner

Niall Kingsley (FCA)

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

Approved by order of the board of trustees on 10 December 2025 and signed on its behalf by:

D J Laing - Trustee

Independent examiner's report to the trustees of Barwell Sports Trust ('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

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.

Niall Kingsley (FCA)

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

16 December 2025

2025

2024

Unrestricted

Restricted

Total

Total

fund

Designated

funds

funds

funds

as restated

Notes

£

£

£

£

£

INCOME AND ENDOWMENTS

FROM

Donations and legacies

3

6,875

-

-

6,875

15,256

Charitable activities

4

Letting of 3G Pitch

49,111

-

-

49,111

52,917

Total

55,986

-

-

55,986

68,173

EXPENDITURE ON

Charitable activities

5

Running Costs of 3G Pitch

25,408

-

426

25,834

25,313

Depreciation of Pitch and Facilities

19,969

-

48,553

68,522

68,113

Total

45,377

-

48,979

94,356

93,426

NET INCOME/(EXPENDITURE)

10,609

-

(48,979

)

(38,370

)

(25,253

)

Transfers between funds

20

(16,000

)

16,000

-

-

-

Net movement in funds

(5,391

)

16,000

(48,979

)

(38,370

)

(25,253

)

RECONCILIATION OF FUNDS

Total funds brought forward

As previously reported

25,516

32,000

388,351

445,867

473,040

Prior year adjustment

13

7,602

-

8,099

15,701

13,787

As restated

33,118

32,000

396,450

461,568

486,827

TOTAL FUNDS CARRIED FORWARD

27,727

48,000

347,471

423,198

461,574

2025

2024

Unrestricted

Restricted

Total

Total

fund

Designated

funds

funds

funds

as restated

Notes

£

£

£

£

£

FIXED ASSETS

Tangible assets

14

108,592

-

346,930

455,522

518,844

CURRENT ASSETS

Debtors

15

2,163

-

262

2,425

6,130

Cash at bank

7,939

48,000

279

56,218

33,096

10,102

48,000

541

58,643

39,226

CREDITORS

Amounts falling due within one year

16

(15,967

)

-

-

(15,967

)

(16,537

)

NET CURRENT ASSETS

(5,865

)

48,000

541

42,676

22,689

TOTAL ASSETS LESS CURRENT LIABILITIES

102,727

48,000

347,471

498,198

541,533

CREDITORS

Amounts falling due after more than one year

17

(75,000

)

-

-

(75,000

)

(79,959

)

NET ASSETS

27,727

48,000

347,471

423,198

461,574

FUNDS

20

Unrestricted funds

75,727

65,122

Restricted funds

347,471

396,452

TOTAL FUNDS

423,198

461,574

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.

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 10 December 2025 and were signed on its behalf by:

D J Laing - Trustee

1.	GENERAL INFORMATION

Barwell Sports Trust is a Private Charitable Company Limited by Guarantee, registered in England and Wales. The charity's registered number is 1195500 and the Company registration number is 13264923.

The registered office and principal place of business is Barwell Sports Club The Cricket Field, Kirkby Road, Barwell, Leicester, LE9 8FQ.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements cover the individual entity.

The entity constitutes a public benefit entity as defined by FRS 102.

There are no material uncertainties with going concern.

2.	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.

Income from grants, and government grants, is recognised at fair value when the charity has entitlement after any performance conditions are met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

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

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses on acquisition.

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

3G Pitch

10% on cost

Fixtures and Fittings

4-20% on cost

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

At each reporting date, fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment is recognised immediately in the income statement.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Critical accounting judgements and estimation uncertainty

In the application of the charitable company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no critical accounting judgements or estimation uncertainty that, in the opinion of the trustees, will have a material effect on the financial statements.

3.	DONATIONS AND LEGACIES

2025

2024

as restated

£

£

Donations

6,875

1,100

Grants

-

14,156

6,875

15,256

Grants received, included in the above, are as follows:

2025

2024

as restated

£

£

Charitable Activities

-

14,156

Included within grants receivable are the following amounts:

Football Foundation - £NIL (2024: £14,156)

Which are government grants as defined by the SORP.

4.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

as restated

Activity

£

£

3G Pitch Letting Fees

Letting of 3G Pitch

49,111

52,917

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

Running Costs of 3G Pitch

22,632

3,202

25,834

Depreciation of Pitch and Facilities

-

68,522

68,522

22,632

71,724

94,356

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

as restated

£

£

Rates and water

-

250

Light and heat

8,103

6,098

Advertising

1,575

-

Sundries

1,212

-

Rent

5,000

5,000

Repairs and Renewals

5,933

9,209

Household and Cleaning

809

705

22,632

21,262

7.	SUPPORT COSTS

Governance

Other

costs

Totals

£

£

£

Running Costs of 3G Pitch

-

3,202

3,202

Depreciation of Pitch and Facilities

68,522

-

68,522

68,522

3,202

71,724

8.	NET INCOME/(EXPENDITURE)

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

2025

2024

as restated

£

£

Depreciation - owned assets

68,522

68,114

Operating Lease Rental Payments

5,000

5,000

9.	INDEPENDENT EXAMINER'S REMUNERATION

2025

2024

as restated

£

£

Independent Examination Fees

3,202

4,051

10.	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.

11.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

as restated

Trustees

5

5

No employees received emoluments in excess of £60,000.

12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

Designated

funds

funds

as restated

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

500

-

14,756

15,256

Charitable activities

Letting of 3G Pitch

52,917

-

-

52,917

Total

53,417

-

14,756

68,173

EXPENDITURE ON

Charitable activities

Running Costs of 3G Pitch

24,822

-

491

25,313

Depreciation of Pitch and Facilities

19,502

-

48,611

68,113

Total

44,324

-

49,102

93,426

NET INCOME/(EXPENDITURE)

9,093

-

(34,346

)

(25,253

)

Transfers between funds

(4,862

)

16,000

(11,138

)

-

Net movement in funds

4,231

16,000

(45,484

)

(25,253

)

RECONCILIATION OF FUNDS

Total funds brought forward

As previously reported

20,205

16,000

436,835

473,040

Prior year adjustment

8,688

-

5,099

13,787

As restated

28,893

16,000

441,934

486,827

TOTAL FUNDS CARRIED FORWARD

33,124

32,000

396,450

461,574

13.	PRIOR YEAR ADJUSTMENT

Following completion of construction of the pitch, it has been noted that the cost has been overstated. The overstatement has arisen owing to a retention of £30,000 which did not materialise, offset by a cost of £10,860. pre-contract design work paid on the charity's behalf as a donation prior to the charity commencing activities.

Depreciation brought forward has been reduced by £4,841 to reflect depreciation charged on the overstated cost.

The net impact of these transactions is a reduction of £14,299 on the brought forward net book value of fixed assets, a reduction in accruals of £30,000 and a net increase in reserves brought forward of £15,701.

These adjustments have been reflected in the funds in which the transactions were originally recorded.

14.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 April 2024

651,457

69,247

720,704

Additions

-

5,200

5,200

At 31 March 2025

651,457

74,447

725,904

DEPRECIATION

At 1 April 2024

194,025

7,835

201,860

Charge for year

65,146

3,376

68,522

At 31 March 2025

259,171

11,211

270,382

NET BOOK VALUE

At 31 March 2025

392,286

63,236

455,522

At 31 March 2024

457,432

61,412

518,844

15.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

-

5,170

Prepayments

2,425

960

2,425

6,130

16.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other loans (see note 18)

10,000

10,000

Trade creditors

1,799

1,346

VAT

977

1,884

Accruals and deferred income

3,191

3,307

15,967

16,537

17.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Other loans (see note 18)

75,000

79,959

18.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

as restated

£

£

Amounts falling due within one year on demand:

Other loans

10,000

10,000

Amounts falling between one and two years:

Other loans - Due in more than 1 Year

75,000

79,959

The amount included in the above loan, relates to the loan from Cleartherm Glass Sealed Units LTD as detailed further in note 21.

19.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

as restated

£

£

Within one year

5,000

5,000

Between one and five years

20,000

20,000

In more than five years

82,917

87,917

107,917

112,917