SPARC Surlleet Play and Recreation Chatiry TRU5fEES ANNUAL REPORT- Z022-23 The past year has proved challenging for the charTty due to the massNe surge in energv prices and the effect of the early season flooding which hit revenue and increased maintenance costs assoclated with Glen Park. Faced with the prospett of having to maintain a 16-year-old halogen floodlighting system, SPARC took the initiative in January 2023 to install the more environmentally-friendly and cost-efficient LEDS in order to cut the lighting costs by 5CN. the astroturf pitch usage fees and carbon emissions. There was good news with the re-opening of the children's play area after a two-year closure, thanks to in-kind contributions from a number of volunteers from the community and support from the Parish Council. Glen Park has been fortunate in securing the services of the Unpaid Work Team Iformerly Community Services) who, for 10 months of the year. play an extremely important and Invaluable role in the upkeep and maintenance of the grounds. For the first time in SPARC'S 25-year history, expenditure has exceeded income- by £14.504 due to exceptional items such as the new LED floodlights1£29,5201, Cctv upgrade 1£6,0001, woodland management1£3.CO)l. play area repairs, and elettricity and insurance price increases. At £62.925, total spending was £43.208 higher than the previous year, while income fell bv £4,761 (from almost £63.00 to £48,421). One issue that has still to be resolved 15 the search for a new site manager and bookings secretary, both positions which have been carried out voluntarily for the past 25 years. The SPARC committee accepted that if was no longer feasible to expect the work to be carried out by volunteers and a remuneration package would need to be agreed. N.J. Davis. Chairman, Surfleet Play and Recreation Charity
SURFLEET PLAY AND RECREATION CHARITY ANNUAL ACCOUNTS - 1 APRIL 2022 - 31 MARCH 2023
INCOME:
APR MAY JUNE JULY AUG SEPT OCT NOV DEC JAN FEB MAR TOTAL Fees 5439.26 2153.56 2265 1929 1704.55 3013.84 4216.14 4836.46 5664.66 2401.04 3936.81 5054.69 42615.01 Other Income 2.09 8.93 16.77 39.15 66.94 Repayments 1368.5 300 3500 571.27 5739.77 5439.26 2153.56 3635.59 2229 1704.55 3022.77 4216.14 4836.46 5681.43 2401.04 7436.81 5665.11 48421.72
INCOME 48421.72 EXPENDITURE 62925.84 LOSS FOR YEAR -14504.12
Fixed Assets
Freehold Property 958,274.28(after amortisation @ 10% pa x 18 years)
Current Assets
Community Account 10,027.01 Debtors 0 Premium Account 32,760.21 __ 42,787.22
Current Liabilites
| Creditors | 0.00 | |
|---|---|---|
| Accruals | 0.00 | |
| __ | ||
| 0 | ||
| __ | ||
| Current Net Assets | 42,787.22 | |
| Total Funds | 1,001,061.50 | |
| Represented by: | ||
| Balance brought forward | 1,001,061.50 | |
| Loss for the year | 14,504.10 | |
| Balance carried forward | 986,557.40 |
Address: Ima Lib¥C Ll Only complete if the examinef needs lo highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners}. Glve here brief details of any items that the examiner wlshes to disclose. IER Oct 2018