| The Melbourne Sporting Partnership Limited |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
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| 1 |
Accounting policies |
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Charity Information |
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The Melbourne Sporting Partnership Limited is a private company limited by guarantee incorporated in England & Wales. The registered office address is The Pavilion, Cockshut Lane, Melbourne, Derbyshire DE73 8DG. The nature of the charity's operations and principal activates are to promote for the benefit of the inhabitants of Melbourne South Derbyshire and the surrounding area the provision of multi-purpose sporting facilities or other recreation or other leisure time occupation for individuals who have the need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economical circumstances or for the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants.
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To promote community participation in healthy recreation for the benefit of the inhabitants of Melbourne, South Derbyshire and the surrounding area by overseeing the development and delivery of sporting activities by supporting the Member Clubs and providing upgraded facilities for the collective development. To provide direction, support and assistance to the Member Clubs to ensure they are managed effectively and sustainably. To promote the profile of the Member Clubs and assist them in retaining members and volunteers and develop new ones.
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland and in accordance with Accounting and Reporting by Charities, the Statement of Recommended Practice for charities applying FRS102, the Companies Act 2006 and UK generally accepted accounting policies as it applies from 1st January 2015. |
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The trustees confirm that they have referred to the guidance contained in the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy notes. Reconciliation with previous Generally Accepted Accounting Practice. In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.
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Going concern |
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At the time of approving the accounts, 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 accounts. |
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Charitable funds |
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Unrestricted funds are available for the use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. |
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Incoming resources |
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a) Donations |
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Income from donations is included in the incoming resources when these are receivable, except as follows; When donors specify that donations given to the charity must be used in future accounting periods, the income is then deferred until those periods. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the preconditions for use have been met. When donors specify that donations are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.
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b) Provision of Sports Facilities |
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Income from sports facilities are included in the period in which the charity is entitled to the receipt. |
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Resources expended
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Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and has been included in those cost categories. |
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Fund accounting |
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Funds held by the charity are; |
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Unrestricted general funds - these are funds which can be used in accordance with the charitable objectives at the discretion of the trustees. |
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AGP Sinking fund - This is designated for the replacement of the playing surface over a ten year period. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Fixed assets |
10 - 33% straight line |
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Investments |
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Investments in subsidiary undertaking are measured at cost. |
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Taxation |
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The Melbourne Sporting partnership Limited is a registered charity, and as such is exempt from taxation.
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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Critical accounting estimates and judgements |
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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 relevant. Actual results may differ from these estimates.
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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 revisions affects both current and future periods.
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Legal status of the charity |
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The charity is a company limited by guarantee and has no share capital. Every member of the trustees undertakes to contribute to the assets of the charity, in the event of the same being wound up during the time that he is a member, or within one year afterwards, for payment of the debts and liabilities of the charity contracted before the time at which he ceases to be a member, and of the costs, charges and expenses of winding up the same, and for the adjustment of the rights of the contributories amongst themselves, such amount as may be required not exceeding £1. |
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Going concern |
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The accounts have been prepared on a going concern basis, the trustees are not aware of any existence of any material uncertainties. |
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| 2 |
Employees |
2026 |
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2025 |
| Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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| 3 |
Tangible fixed assets |
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Fixed assets |
| £ |
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Cost |
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At 1 April 2025 |
109,199 |
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At 31 March 2026 |
109,199 |
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Depreciation |
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At 1 April 2025 |
42,768 |
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Charge for the year |
10,285 |
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At 31 March 2026 |
53,053 |
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Net book value |
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At 31 March 2026 |
56,146 |
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At 31 March 2025 |
66,431 |
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| 4 |
Investments |
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| Other |
| investments |
| £ |
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Cost |
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At 1 April 2025 |
100 |
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At 31 March 2026 |
100 |
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The Melbourne Sporting Partnership Limited holds 100 shares of £1 each in its wholly owned trading subsidiary company The Melbourne Sporting Partnership (Trading) Limited. Company number: 10224563. These are the only shares allotted, called up and fully paid.
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| 5 |
Debtors |
2026 |
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2025 |
| £ |
£ |
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Trade debtors |
12,722 |
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25,337 |
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Prepayments |
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27,879 |
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12,701 |
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Other debtors |
16,103 |
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20,333 |
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56,704 |
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58,371 |
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Amounts due after more than one year included above |
12,000 |
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12,000 |
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The loan to the subsidiary company, included within other debtors. The loan is unsecured and interest free. |
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| 6 |
Creditors: amounts falling due within one year |
2026 |
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2025 |
| £ |
£ |
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Trade creditors |
6,319 |
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2,855 |
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RFU loan |
5,868 |
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5,868 |
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SDDC loan |
2,600 |
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2,600 |
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Accruals |
13,877 |
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15,587 |
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Other creditors |
8,554 |
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8,557 |
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37,218 |
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35,467 |
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The RFU loan is interest free and was used to fund the drainage project (an addition to fixed assets in 2022). The loan is repayable over 15 years. |
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| 7 |
Creditors: amounts falling due after one year |
2026 |
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2025 |
| £ |
£ |
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RFU loan |
54,259 |
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61,594 |
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SDDC loan |
2,600 |
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5,200 |
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56,859 |
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66,794 |
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| 8 |
Loans |
2026 |
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2025 |
| £ |
£ |
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Other creditors include: |
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Loans due in one to five years |
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39,740 |
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39,740 |
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Loans due in more than five years |
17,119 |
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27,054 |
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56,859 |
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66,794 |
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| 9 |
Registration of charges |
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There are three registration of charges lodged at Companies House in respect of The Football Foundation. The legal charge in respect of the grant was over the leasehold property on the southeast side of Cockshut Lane, Melbourne, Derbyshire including any buildings, facility and equipment thereon which was dated 23rd March 2017. |
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There is a registration of charge lodged at Companies House in respect of The English Sports Council. The legal charge in over the leasehold property known as the land on the southeast side of Cockshut Lane, Melbourne, Derbyshire which was dated 23rd March 2017. |
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| 10 |
AGP sinking fund |
2026 |
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2025 |
| £ |
£ |
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At 1 April 2025 |
125,000 |
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110,000 |
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Transfer from general fund |
15,000 |
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15,000 |
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At 31 March 2026 |
140,000 |
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125,000 |
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Designated Funds - This represents the provision for the Artificial Grass Pitch (AGP) which is to increase by £1,250 per month. |
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| 11 |
Related party transactions |
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During the year the following related party transactions occurred |
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The company made sales of £37,125 (2025 - £35,799) to Melbourne Dynamo Football Club, an organisation in which Mr C Archer and Mr C Raynor were committee members. The balance owed as at 31st March 2026 was £8,565 (2025 - £2,384). |
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The company made sales of £21,462 (2025 - £27,393) to Melbourne RFC Ltd, a company which is a trustee of The Melbourne Sporting Partnership Limited. The balance owed as at 31st March 2026 was £1,396.40 (2025 - £484). |
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The company made sales of £8,600 (2025 - £8,600) to Melbourne Town Cricket Club, an organisation in which Mr N J Theobald and Mr G P Smith were committee members. |
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The company made sales of £8,838 (2025 - £7,550) to Melbourne Tennis Club, an organisation in which Mrs SL Allen & Mr R Spencer were committee members. |
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The company sold goods totalling £79,227 (2025 - £61,973) to The Melbourne Sporting Partnership (Trading) Limited. The Melbourne Sporting Partnership (Trading) Limited is a subsidiary of The Melbourne Sporting Partnership Limited. |
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Included in other debtors is a donation of £38,884 (2025 - £59,291) from Melbourne Sporting Partnership (Trading) Limited, a company which is a subsidiary of The Melbourne Sporting Partnership Limited. |
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Included in other debtors is an amount of £24,500 (2025 - £24,500) owed by The Melbourne Sporting Partnership (Trading) Limited which is a subsidiary of The Melbourne Sporting Partnership Limited. |
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| 12 |
Other information |
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The Melbourne Sporting Partnership Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
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The Pavillion, |
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Cockshut Lane, |
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Melbourne, |
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Derbyshire |
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DE73 8DG |