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|





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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
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IER
Oct 2018