SPARK
Registered Charity 1077587
ANNUAL REPORT
AND ACCOUNTS
FOR THE YEAR ENDED
31 March 2023

SPARK
Annual Report 31 March 2023
TRUSTEES REPORT
REFERERENCE AND ADMINISTRATIVE INFORMATION
Registered Ch8rty No.
Chanty contact name..
Charity contact addre￿.
Charity main address..
Chaiyty w8bsite'.
1077587
Mr Nick Francis
48 ￿berta Ckw, Kesgrave, 1p$w￿h IP5 1 HS
Unit 5 Ropes Drive, Twelve Acre Approach, Kwrave. Ipswich, IP5 2Er
http..Ih￿.keSgrave.Org uWspa
TnJ$tO0S •t 31 Alar¢h 2023
Date Appolnt8d
26 February 2013
Mrs Molty Arnot
Mrs Angela Finch -
18 November 2013
Mrs Judrth Fran¢ls-
9 Aprbl 2018
Mr Nlcholas Francbs
20 Aprfl 2020
Ms Joanne Garden
20 April 2020
Mr Ashley Jord8n
7 April 2014
Mr Patrick Mills
20 Apnl 1999
Mrs Tlna Shute
8 Aprll 2019
Mr David Steward-
7 April 2014
Dr Kelth Stewart YouTrJ -
14 0¢tr)ber 2011
- R•g58t8r8d 8uthorf88d 81gnatoth to 8cI on behallolthe TnMtee8.
Cu8todlan Tru8tse
K6¥gra￿ Ttr•m C￿nCIl
Pmf•s•lon•l Advthorn
Banke
CAF Bank Ltd. 25 Kiry Hill Av•nue, lth.ngs Hill.
Wèst MallitrYJ. K￿t ME19 4JQ
Santandar. Bddle Rd, 8(￿tI￿. MW. LS) 4GB
H8mpshir• Tnjst Bank ￿e. 131 Finsbury Pgvement. London, EC2A 1 NT
M&G Charities. PO Box W38. Chelmsford. CM99 2XF
Indgpend•nt Exeminer.
christi￿ Wado, Wado. 584) Sttr•Wp1￿d R09d, StO44mafket. IP14 SAL

SPARK
Annual Report 31 March 2023
STRUCTURE GOVERNANCE AND MANAGEMENT
Govemlng Document
The charity was sel up by constilubon on 20 Juty 1999 and amended in November 1999. It has subsequently
been amended to reflect the objectives of the current methods of operab"on; this was approved by the
trustees 2 March 2010 and was approved and Incorpor*ed by the Chanty Commission on 9 July 2010.
Further minor amendments were approved and incorwrated by the Chanty Commission in April 2012. Tho
current constitution dated 2 March 2010 Incorporates a grant making polry. Further minor amendrnenls
were agreed by Board of Trustees at their AGM in 2020
Tru$tee selectlon
The Trustees are electsd at the Annual General Meeting ty ballot or show of hands in accordance wf(h the
Constitution (Clause 8}. Should a vacancy cKcur a replacement can bè appointed by the executive
ommittee to serye until the next Annual General Meeting.
Govornance
The Charty is managed by the 'Board of Trustees. of SPARK As ¢harity trustees they aro respon5iblg for
complying with legislation applicable to charityes. This includes the registration, keeping proper accounts and
making Teturns to the Charity Commission as appropriate. The Board of Trustees meets four times a year.
Rlsk and Int•mal Control
The trustees have identified the major risks to which they believe the charity is exposed, these have been
reviewed and systems have been established to mibgate against them. The main areas of concem that have
been identsfied I￿..
Reduced income from fund raising. The Charity is reliant upon income from the 2n0 stop Shop. The Charty
does hokl a reserve lo cover the cost of one yearfs rent for the shop and funds to cover potential redundancy
payments to shop staff but rf the shop were lo close then rent may be due for the remaining lenm of the
lease. This would leave any remaining reserves to be distrtbuled as grants until the reseNes were
exhausted. If fijrther work were to be undertaken by the chanty, then a new income source would need to be
found.
The charity h8s in place systems of internal controls that are designed lo provide reasonable agsur8nce
against material mismanagement or loss.. these include 2 signatories for all payments and BACS paymonts
are initiated by the Treasurer and aulhorized by a second Iruslee and insurance polici85 to ensure that
In8urable risks are covered.
OBJECTIVES AND ACTIVITIES
Objects ol the Charfty
SPARK is established to provKle and assist in the provision for sp)rL amenit*, recreation and other ￿lsure
lime txcupations for the benefit of the inhabttants of the Town of Kesgrave in the interests of S(￿la1 welfare
arKI in order to improve the quality of life of the Sa￿ inhabrtants.
Grant Maklng Pollcy
Grants are currenty ￿arded to applunts in ￿CordanCe the polry laid down in the constitutson.
Volunteers
All the trustees are volunteers The onty paid employees of the charity are the Shop manager, assistant
manager and cleaner who l¢)ok after the daY-tO￿aY wnning of the shop. The shop is staffed by a large group
of volunteers who all work on a part time unpa%1 basis.
Publlc B•ngfft
The charity meets the Chanty Commission's pvblic benefft criteria by gNing grants to local organlsations and
people to enabie them to pursue their aims and ambitions. In many cases this enables the people concerned
to further their work in the community.
ACHIEVEMENTS AND PERFORMANCE
SPARK is cuffentty the leaseholder of the 2r￿ Stop Charity Shop. The lease befv4een Spark and Tesco,
reached a lease renewal al 31 May 2018 and a new lease has been negotiated for 10 years. The lease is
held in the name of th￿e trustees, Patrick Mills. Keth Stewart Young and Molty Amotl All the profrts
generated after the operational costs of running the shop are to the sole benefit of SPARK 2nd are used to
make grants or k)ans to organisats'on8 and indriiduals wthin the area of benefit

SPARK
Annual Report 31 March 2023
FINANCIAL REVIEW
The trustees have adopted the provisions of the Statement of Recommended Practice {SORP)'Accounting
and Reporting by Charriies '{FRS1021 in weparing the annual report and financial ststements of the charity.
The financial statements have been prepared in ac￿rdance with the accounting ￿lIcIeS sel out in the notes
to the financial statements and comply wtth the charity's goveming document, the Charities Act 2011 and
Accounting and Reporting by Charrbes". Statement of Recommended Pra¢ti¢e applicable to charities
preparing their accounts in accordance with the Financkal Reporting Standard applicable in the UK and
Republic of Ireland published in October 2019.
Income for the year has retumed to pre£ovid ￿veL% and the charity shop conts'nues to raise all SPARK
fijnds.
During the year grants were made to several indNiduals and organisatK>ns as outlined in the notes to these
accounts
Re8orye8 poII¢y
The charity has signrfunt cash funds but there is no specrfic need to keep reseNes, as apart from the 2nd
Stop Shop. the charity does not have any overheads or r&urring costs. The shop hokds £19,098 in a depo$lt
account as a provlslon towards y&a¢s Mt and a provtsion for any potentsal slaff redundancy.
Investment Selectlon
Current interest beaTing and Invest￿￿nt fvnds are hekl by Hampshire Trust Bank and the M&G Charibond.
All accounts are revI￿￿d arKt disGussed regulaty.
In$uranc•
A policy was purchased from Access UndeNrtiting Trustee Indemnty eff￿tive for ffK)nths as from 1
June 2013 and Is renewed each year.
Approved by
Chairman
Vice- ch￿.￿an
Date

SPARK
Annual Report 31 March 2023
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 MARCH 2023
Notg
rotai
Total
INCOMING RESOURCES
2023
2022
Donalions and legacies
Donation
GOveMn￿t Gr8nts
Other trading activrttes
2M Stop Shop
500
2.667
146,213
112,465
Investrnents
Interest
3,107
2,739
Totsl In¢omo
£ 149,820
£117.871
RESOURCES EXPENDED
Ralslng fund8
2nd Stop Shop
Charltable actlvitlos
Grants paid
Printing Postage & Stationery
Advertssing & prorrntion
Website & domain
Indemnity Insurance
Independent Examinatton
Bank charge$
66,256
59,705
76,595
18
217
72
243
125
96
15
101
243
125
72
Total Expen888
£ 116,485
£ 137.071
Not Incomelldgflcltl b•foro Invo8tment galnsl(losse81
34.335
(19,2001
Gainsl{los$esl on inve$trrÈnts
12,803)
3,116
Net movernent In lunds
31,532
{16.084)
Total Funds brought forward
185.721
201.80S
Total Fund$ camed foThvard
£ 217.253
£ 185,721
The annexed notes fo￿ an integral part of these accounts

SPARK
Annual Report 31 March 2023
BALANCE SHEET
AT 31 MARCH 2023
Total
2023
Total
2022
Note
FIXED ASSETS
Shop Assgts- Sheds
1.036
1,709
Invostments
M&G ChaTifvnd
Hampshire Tnjst Bank {2-year tond)
43,069
51.106
45,872
CURRENT ASSErs
Debtors
VAT Refvnd
Shop p￿paYrnents
Investment8
2Th1 Stop Deposrt AC￿Unt
Cash at bank and In hand
CAF Current Account
Hampshire Trust Bank
2rl Stop Current Account
2rl Stop Paypal
2Th1 Stop Sumup
2r￿ Stop Cash In Hand
Pety Cash
975
3.816
3,814
19,098
18,021
91,682
57,494
50,550
5.536
487
222
2,016
16
4,103
658
2.144
Totsl curront a••ots
122,837
138,999
Less.. Credilors
Amounts falllns duè wthin ono year
10
(795)
18591
Net curr•nt as•ets
122,042
138,140
TOTAL NET ASSETS
217,253
£ 185,721
FUNDS
General Fund
185,608
31,645
153,782
31,939
2nd Stop Fund
Total Fund8
£ 217.253
£ 186,721
Approved by
Treasurer
Judlth Franci8
VrR- Chairman
Stewart Young
Date
The annexed rKites form an integral part ofthese accourbts

SPARK
Annual Report 31 March 2023
NOTES TO THE ACCOUNTS
FOR THE Y&4R ENDED 31 MARCH 2023
8a8ls of preparatlon
Basis of accDuth"n9
The tharity comtth a benefft entity a8 dtrfin8d by FRS 102. Thè 8co)unts
have been p￿pared in aceordance tmth Accxwnting and Reporting by Chartthes,.
Ststsmenl of RecLJmmern1ed Practice appluble lo d)aiibe$ preparing th8lr actounls in
accordance ￿ the FinancK4 Re1K)￿.￿j Standard applicablè in thè UK and RepU￿1C of
Ireland IFRS1021 is6￿1 in Oct¢Jber 2019, the Financial Rewrting Standard applicable
the United Kingdom and Repuljic of Ireland IFRS1021. Ihe Charities Act 2011 and
UK Generalty Accepted Actounljng Practice.
The fin8rKiJ 5ts1emerts ha¥e been prepargj to gwe a Irue and fair vievl and have
depart&d from the Chaiitw (Accounts and Reportsl Regulations 2008 Only to the
èxtént required to provjde a 1we and tsirf ¥iew. The departure has invofved following
Ihè Accounting and Reixyth"ng by Charrb"e8 Ststemenl of Recommended Practice
appl￿bIg to L*anbes Pfep8nrYJ annu￿ ￿coUnt8 in accxjrdance wth the Financlal
Reporting Stsndard and awltsbl• in lh8 LIK and Republic of Ireland {FRS102) i5sU9d
in Ckaobet 2019 rath8r than tho A¢counllng and Repothn9 by Chorttieg.. Statomonl of
Recommended Pracbce elfectNe from 1 April 2¢X)S wh￿h has l)•&n withdrawn
The financial statsyments are prepared on a otyng bo$i¥ under the historical
cost convention. The statemènts are prèsented in $lerfing whth bs th8
fun¢tional CLFrrency of Ihe charty and rounded to Ihè nearest pound.
Change In Basls
The 8ignffi¢ant a¢¢ountirg pc4irye8 in the preparation ol these 8tsl¢mènls ar•
$81 (Mjt bel￿. Th8se havo b88n eon6i8tsnty 8Fvli&l to dl years prgsenlgd
unkns othewse stated..

SPARK
Annual Report 31 Ma￿h 2023
NOTES TO THE ACCOUNTS
FOR THE YEAR ENOED 31 ￿RGH 2023
Accounting pollcles
ReLognitKJn of irKome
This 18 IrKauded in ts ￿nts Ihe charity receives r•source8
Offsetting
There has be￿ no offsetb'ng ￿ assets and ¢y and eXp￿SeB. unless
required or pem)Itt￿ by th8 FRS 102 SORP or FRS 1W2.
Giants and donollons
feceNed
VAT
Grants On￿ Induded as Inc¥Th when receiv&J.
VAT redaimable IB recogniseA as arises
Donalod 9ctsJ8
Donated gocrtJ8 for re8ale are induded in th• acwunts when 801d by th• chorlty.
Donated seTh*e8 and
Facll*
Volunteer help
The Value on th888 re￿￿1￿ Is rKrt Ind[￿led kn th• occounts
Tho ￿lu& of any vcAuW K8 rKé indudgd in the aLrounts
Inv88tsm8nt Inc￿￿8
Th1$ Is Indud8d In the •xwnts when r￿￿p1 is wobable aThJ the afflount rewvable
¢an b• measured fellably.
Investfflonl 911￿ and k)68￿ This indudes any redlsed or ￿￿08118e4j or k)8888 on the 8818 of Inve81men18 and
any gain or kjss rnsuhSThJ from revaluiro inv•8ts))ent8 to rna￿et value at the end of the
year.
Support Co$ts
Chwity h88 kKurr•d exr*ThJllur• on Jupport C08ts
Grants Pdd
Gr¥nts pald are I￿lUd¥d in th& ¥¢¢ount$ when oppli¢8tJ"on$ have been recelved
8nd 8ppI￿ad byth8 trustses a￿1 funds tr8nsferTed to th& Wicant.
at41ty reCOgn￿on
Liatilib'e8 are recc*anised wheTr rt i¥ more likety than not that thor¢18 a l•g81 or
COn6trudN8J oblig8tK)n ¢ommitting the charity to p8y oul ¥ThJ th8 8nv)uM of
th8 can be m￿sUr8d wilh reasonab￿ certsinty.
Credltord
The th•rty ha? tr•¢litorn vthich are mwL*•d •t $•lll•nyJnt am¢)unts less any trade
th8counts
Pmw8ions for lia￿.11tieS
A lialylity is measured on rwJnlt￿yn at its I￿slon￿l ¢osl and Ihèn subs8quenUy
m￿St1r0d Al Iho Wl èstimotè ofth8 amount r8quirèd to s•td9 oblw8tion 81 the
TeF4)rting date
Tanglbl• fixed 85sets for us8 These are (xpitali5ed rfthey be used ts mNe than year and cost twjre than
by Charty
£stKI. They are ¥alued at o)st or a reasonable valu8 ￿ r￿lPt. Th¢ doprocSatlon r8t88
are gNen in Ihe apprcyiale r￿rte.
Investments
InvestM￿ts hehj for resth or p8nding Ihdr sale and cash and cash equfv8knts a
matuiity date of ￿s$ than 1 year are t￿t￿ as cuirenl asset investments
C￿￿ent a88et Thestments
Thè (*arity has inv&stsTr￿ts vknich il hokls kn resale or FendirvJ thwr ￿1¥ and e88h
a￿1 cash ew1va￿nts wth a maturty date less than year. These Include cash on
deposrt and cash equNalents wilh a maturity ¢Jato ofless than one yoar held for
investrnent purrA)yes rather than to meet stKJrt tem cash commitments 8$ they f811 due.

SPARK
Annual Report 31 March 2023
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
Govemment Grants
2022
District Council- Local Restrictions Support Grant {LRSG)
2,667
Total income
£ 2,667
Funds goneratedby T¢ stop Shop
2023
2022
Shop Sales
Govemmenl grants
Interest on shop funds
146,213
112,465
2,667
12
22
Total income
Less..
Shop Managemenl
Premises
Adminlstratlon
146.235
115,144
(34,483)
(27,3221
14,4511
131,2031
124,3771
14.125)
Totsl expens
(66,258)
159,7051
Nel surplus
Transfer to SPARK accounts
Shop funds at 1 April
79.979
(80.273)
31.939
55,439
149,517)
26,017
Shop fvnds at 31 March
£31,845
£ 31,939
F••8 for oxamlnlng th• accounts
2023
2022
Independent examiners fees
150
150
£1SO
£150
Staff Costs
2023
2022
Gross wages
Employer Pensron Costs
Employers National InsurarKe
35.799
624
32,061
575
£ 36.423
£ 32,636
Average numt*r of full tirn8 equivalent employees
Managing the shop
The￿ is a NEST pension scheme operated by thg charity,
No employees received employee benefits for the repx)rbng ￿riod of more than £60,000.

SPARK
Annual Report 31 March 2023
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
Grant making
2023
2022
C8daNood Sch¢Jol - Lgaming outside the classmom
- Queen's Jubile8 Bench
Kesgrave Town Council - Fun day iide hire 2022r2021
- Fun day rKle 2023
- Christmas Celebrations 2023
- Resurfacing Play Arna
- Shed forArmy G8det storn
- Youth Club ProvIs￿n
- Firgworks
Kasgrave Parachute Reg. Arry Cadet For¢e- Training A
3,090
Kesgrave Albtmenl and Leisure Gardening AS￿￿lation Ltd - Communal Sh8d 2,200
AFC Kesgrave under 18- TrainAng Kit & f8es
1,615
Girlguiding Heathlands Division - LeaderfslM&mb8rs membe￿Alp fees
1.490
East Anglian School Trust IKHS)- U18 Fcotball & Key St8g& 4 Netball kit
1.242
Kesgrave High Schtr)l - M8t8ri81s for fund￿￿Ing forExpedrtK)n
200
Ke8grave Musio Festival- SK Fun Run & Easter Egg Hunt funding
1.100
Kesgrave Friendship CILbb- Chri$tm88 Lunch and olh8radivili8s in 2023
750
Computer Club- Hall Hlr8
700
Ipswich Walknng Football Club- Wat&ry)￿)fjackats
514
Héalh School- Queeft s Jul)rf88 rtsal0utd(￿r Leaming ProJ6¢t Ph8s& 2
450
Kesgrave Library- Chairs & stornge boxes
400
Kesgrave Library Community Group- rnpl8¢ing kntorn¢y & Numerncy Games 250
Forget-me-Nol Café- Craft MaterialslHire of Bowls Pavilion
250
Kgsgrave T•nnis Club- Now Logo 88nn
197
All Saints ChuTch- Brcom Tr8e Youth Cara mnning costs (refunded)
(1,200)
KWMCC - All weather surface
Gorsèland Sehool - P18y equipmant
Ke8grav8 Kestr818- Equipmonl ftir 7 newyouth teams
Kesgrave Come & Play- Equipment 8nd genarnl njnning costs
Crochet Mantra Kesgrave Hcokers & Crafters Club- start up packs and hall hire
111 Késgravg Scout GTOUP- Word Scout Jamborne Fundr8iwng D￿¢0
Kesgrave Short Mal Bowls- Club Shirts
Kesgrave Singers- Chanty Concert exp8ns83
Kesgrave Craft Club- H811 hire
Kesgrave Tuesday Morning Bowls Club- P h8ndl& to mat
13.052
859
1,728
5,265
4,277
8,750
1.385
1,150
1,800
800
2,045
2,000
500
5.915
1,Cw)O
1.200
29.000
25.000
2,448
1,200
891
559
500
300
204
85
£ 48.564 £ 76,595

SPARK
Annual Report 31 March 2023
NOTES TO THE ACCOUNTS
FOR THE YEAR ENtJED 31 ￿4RCH 2023
FIx8d Assots
Sheds
rot81
Cost
At 1 April 2022
Addrtions
2.690
2,690
At 31 March 2023
£ 2,690
£ 2,690
Depreciation
At 1 April 2022
Depre¢iation for year125%)
981
673
981
673
At 31 March 2023
£1,654
£ 1,654
At 31 March 2023
£ 1.036
£ 1,036
At 31 March 2022
£ 1,709
£1,709
Depre¢lation has been charged on the fixed assets at 25% (stra￿h1 Line)
Flxed Asset Invostments
AI&G
Charmund
Hampshlr•
Trust
2023
At 1 April 2022
Addition during the year
Gainl(Lossl on revaluation
45.872
45,872
51,108
(2.8031
51,1Ce
(2,803)
£43,C69
£ $1,1
£ 94,175
Hi8torical Cost
£96,108
Market value
at year end
Galnl{Los$)
for year
R8prn8entod by:
M&G Charlfijnd
Hampshire TnJ81
43.069
51,1(
(2.8031
£ 94.175
£ (2,803)
10 Cr•dfton and accruals
2023
2022
Trade Creditors
Accwals
709
150
311
£795
£859

SPARK
Annual Report 31 March 2023
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
11 Trustees and othw rnlatedparties
2023
2022
For the year ended 31 March 2022 ￿muneratIon vas paid to one Trustee who wa5 the assistant
manager of the 2nd Stop Shop
Molly Amot - Gross Pay
620
£620
£108 w8S P81d to N Francis during the year to reimburse the ￿$t of lanyards.
There were no related party transactions.
12 C•pftal Commlbnonts
There were no caprtal commrtments at the year*nd {2022 £4.650 relating to the cost of the replacement
front door),
io

SPARK
Annual Report 31 March 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
SPARK
I report to the Board of Trustees on my examination of the accounts of the SPARK for the year ended 31
March 2023.
Responslbilities and basls of report
As the tNstees ofthe charity you are ￿SponSible for the wepara*'on of the accounts in accordance with the
requirements of the Charities Act I'The Act'l.
I report in re$Fect of my examination of the charity's accounts carried out under section 145 of the 2011 Acl
and in carrying out my examination I have followed all the applicable Directions given by the Charity
ComMiss￿n under section 145{51{bl of the ACL
Indopgndgnt oxamlneV8 8tatoment
I have completed my examination. l ¢onfimi that no matenal matters have come to my attenb'on in
connection with the eXaMinat￿n giving me Cause to believe that in any material respecL'
1. Ac¢ounllng records were not kept in respect of the charity as reqUI￿d by sects.on 130 of the Act or
2. The a¢¢ounts do not accord with those records." or
3. The accounts do not comply with the applicable reqU1reff￿nts conceming the fomi and content of
8¢¢ounts set out In the Charibes (Accounts and ReFx)rtsl Regulations 2008 other than any
requirement that the accounts gwe a'true and fair vievl which is not 8 matter considered as part of
8n Indepèndent examination.
I have no concerns and have com across no other mattèrs in connection wilh the examination to which
atten￿on ¥hould be drawn In thls report In order to enabl8 a proper understanding of the accounts to b?
reached.
Signed..
Name
Chri8tine Wade, Haslingswade
Chartered Certrf*d Accountants- Registered Audrtors
Qualification
5840 Stowupland Ro•J
Stowmarket
Suffolk
IP14 SAL
Date:
li