## **SPARC** ## **Surfleet Play and Recreation Charity** ## **ANNUAL REPORT – 2023/4** The year was successful on several fronts – 1. At over £60,000, fee Income was up slightly on the previous year and the charity managed to turn last year’s £19,000 deficit into a surplus of almost £30,000; 2. repair costs (£11.000) for the children’s play area; 3. Electricity con�nues to be the largest single annual expenditure - over £9,000 this year – but a new supply contract was nego�ated on more favourable terms, resul�ng in a saving of £2,000 on the year; 4. The Unpaid Work organisers renewed its agreement to provide us with labour to help with the maintenance of Glen Park, although a change from Saturdays to Thursdays when fewer workers were available, did impact on their ability to deliver the same level of service. Without this free infusion of help, however, it is unlikely that SPARC would be able to sustain its current commitments; 5. The Forest School con�nues to make good progress and we look forward to being able to extend the storage and shelter facili�es when funding allows. The exponen�al growth of communi�es served by Glen Park is beginning to impact on the facili�es we provide, especially in rela�on to children’s play and in the increase cost of dealing with pe�y vandalism. Inconsiderate dog owners who deliberately ignore requests to keep their dogs on a lead and off the grass, and to pick up a�er their pets, are becoming an increasing irrita�on/threat to other Glen Park users. so we will be seeking funding help to improve signage during the year to mi�gate the problem. Glen Park con�nues to occupy the commi�ee. bookkeeping, invoicing etc requires a solu�on which is beginning to become pressing. N.J. Davis Chairman. Surfleet Play and Recrea�on Charity 20/11/2024 Financial Statemonts for the Year Ended 31st March 2024 For Surfleet Pla & Recreation Charl Surfleet Pla & Recreation Charl General Informatlon For the Year Ended 31st March 2024 ADDRESS: 53 Seas End Road Surfleet Spalding Lincolnshire PEII 4DQ ACCOUNTANT: James & Co Accountants Llmited Venture House Enterprise Way Boston Lincolnshlre PE217TW Flnancial Statements for the Year Ended 31st March 2024 Accountants Re ortto Surfleet Pla & Recreatlon Chari In accordance with instructlon given to me, I have prepared the following financial statements from information and explanations supplied to me by Surfleet Play & Recreation Charity James & Co Accountants Limited Venture House Enterprise Way Boston Llncolnshlre PE21 Trw 31st October 2024 SPARC & Recreation Chari Surfjeet Pla Tradln Profit & Loss Account for the Year Ended 31st March 2024 Income Fee income Donations Interest received Other income 45.636.79 496.73 14,535.53 60,669.05 Expenditure Honorarium Transport Maintenance Play area Electricity Equipment purchase Printing Telephone & office costs Pitch Other fees Insurance Drainage rates Tree management & landscapln8 Professional fees 152.36 5,524.50 11,045.04 9,324.95 548.96 250.38 256.73 2,121.26 241.11 812.59 94.00 600.00 533.00 31,504.88 Surplus for the year 29.164.17 SPARC Surfleet Pla & Recreation Charl Balance Sheet as at 31st March 2024 Flxed Assets Freehold property 1,152,053.00 Current Assets Bank account Debtor5 Premium Account 8,872.71 63,078.68 71,951.39 Current liabilitie5 Creditors Accruals 7,004.32 7,004.32 Current net assets 64,947.07 Total funds 1,217,000.07 Represented bv: balance brought forward surplus for the year 1,187,835.90 29,164.17 balance carried forward 1,217,000.07 Financial Statements for the Year Ended 31st March 2024 Notes to the accounts Surfleet Pla & Recreation Char" Turnover Turnover represents rentals and fees received Taxatlon Surfleet Play & Recreation is a registered charity and therefore exempt from the liability of taxation. Flxed Assets Freehold property is stated at historical cost. Equlpment Equipment purchases shown in the accounts relates to CCTV.