SPARK
Registered Charity 1077587
ANNUAL REPORT
AND ACCOUNTS
FOR THE YEAR ENDED
31 March 2024

SPARK
Annual Report 31 March 2024
TRUSTEES REPORT
REFERERENCE AND ADMINISTRATIVE INFORMATION
Registered Charty No.
1077587
Ch8nly contact name
Charity contact 8ddr8SS".
Charity main 8ddTrss.
Charity website".
Mr Nick Francis
48 Aberta Close, Kesgrave. Ipswich IP5 1 HS
Unit 5 Ropes Drive. Twelve Acre Appro￿h. Kesgrave, Ipswich, IP5 2ET
http.IIMvw.kesgrave.org.uklspark
Trustees at 31 March 2024
Date Appolntgd
26 February 2013
Date Reslgned
Mis Molly Amol
Mrs Angela Finch -
18 November 2013
Mrs Judith Francis-
9 April 2018
Mr Nicholas Francis
20 April 2020
Ms Joanne Tillinghast
20 April 2020
Mr Ashley Jordan
7April 2014
Mr Palrick Mills .
20 April 1999
Mrs Tina Shute
8 April 2019
15 April 2024
Mr David Steward."
7 April 2014
Dr Kelth Stewart Young ""
14 October 2011
Mr Chafle3 Howard
10 July 2023
Mr David Kane
10 Juty 2023
' Reglst8f8d outhorised g￿natoneS to act on b8haN ofthe Trusle8s.
Cu$todian Tru$t8e
Ke8grave To•m CcwJrKyl
Professional Advisorn
88nke
CAF Bank Ltd. 25 ￿ng5 Hill Avenue, lQ'ngs Hill,
Wesl Malling, K￿1 MEIg 4JQ
Saniandw. Brid￿ Rd. Bootle. MerseySKJe, L30 4GB
Hampshire Trusl Bank plc. 131 Finsbury Pavement, London, EC2A 1NT
M&G Charibe8. PO Box g)38. Chelmsford, CM99 2XF
Indeiyendent Examiner.
Christm Wade, Hastings Wade. 58-80 St¢Y•AJpland Road, Stowmarkel. IP14 SAL

SPARK
Annual Report 31 March 2024
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing Document
The chanty was set up by constitution on 20 July 1999 and amended in November 1g99. It has subsequentty
been amended lo reflect the objectives of the current methods of op8tation,' thi5 was approved by the
Iruslees on 2 March 2010 and was approved and incorwrated by the ChaiTty Commission on 9 July 2010.
Further minor amendments We￿ approved and incorporaled by the Charity Comm15sion In April 2012 The
current conslilubon dated 2 March 2010 incorporates a gonl makn.ng policy. Further minor amendments
were agreed by Board of Trustees at their AGM in 2020
rrustee selection
The Trustees are elected at the Annu81 General meeb.ng by ballot or show of hands in accordance with the
conststub.on (Clause 8}. Should a vacancy occur a rep18cement can be appointed by the executive
committee to setve until the next Annual General Meets'ng.
Govemance
The Charity is managed by the 'Board of Trustees. of SPARK. As charrty trustees they are responsible for
complying with legislation applicable to charit￿. This includes the registration, keeping proper acGounts and
making returns lo the Charity Commission as appropriate. The Board of Trustees meets four times a year.
Risk and Intemal Control
The Iwslees have identified the major risks to wh￿h they believe the ¢hanty is ex[x)S￿l. these have been
reviewed and systems have been eslablished to miligate againsl th￿￿. The main areas of concem that have
been identified are..
Reduced income from fund raising. The Charity is reliant upon income trom the 2M Stop shop. The Charty
does hold a reserve lo Cover the cost of one year's rent for Ihe shop and fvnds lo cover potentsal redundancy
payments to shop staff but if the shop were to close then rent may be due for the remaining lemi of the
lease This would leave any remaining reserves to be distnbuted as grants until the reserves were
exhausted. If further work were to be undertaken by the charity. then a new incorne sour¢e would need lo be
found
The chanty has in place systems of internal Cc￿trolS th* are deS￿ned lo provide reasonable assurance
against material misman*3e￿nt or loss.. these include 2 signatories for all payments and BACS payments
a￿ Initiated by the TreaSu￿r and authorized by a s￿Ond trustee and insuranrE policies to ensure that
insurable risk5 are ¢overed.
OBJECTIVES AND ACTIVITIES
Obj8¢ts of the Charity
SPARK Is established lo provKle and assist In the proVis￿n lor sport, amenities, recreation and other leisure
lime occupations for the benefit of the inhabitants of the Town of Kesgrave In the interests of social welfare
and in order lo improve the quality of life of the said Inhabitants.
Grant Making Pollcy
Grants are cur￿nI￿.awaIded to applunts in &cordance wth the policy ￿ld down in the consty'tub'on.
Volunteers
All the Irvstees are volunteers. The only paid employees of the charity are the shop manager, assistant
manager and cleaner who lcd( after the day-to-day running of the shop. The shop is staffed by alarge group
of volunteers who all WOTk on a part time unpaid basis.
Publlc 8en•flt
The charity rneel$ the Charity Commission's public benefit criteria by giving grants to local organisakn.ons and
people lo enable them lo pursue their aims and ambrtions. In many cases this enables the people concerned
to further their work In the community.
ACHIEVEMENTS AND PERFORMANCE
SPARK is currently the leaseholder of the ￿ Str)p Charity Shop. The lease be￿een Spad( and Tesco,
reached a Sease renewal at 31 May 2018 and a new lease has been negotiated lor 10 years. The lease is
held in the name of three trustees. Patnck Mills. Keith Stewart Young and Molly Amott. All the profrts
generated after the operatronal costs of running the shop are to the sole benefit of SPARK and are used to
make grants or loans to organisatKTrns and indivKluals within the area of benefit

SPARK
Annual Report 31 March 2024
FINANCIAL REVIEW
The trustees have adopted the provisions of the Statement of Recommended Practice ISORP)"Accounting
arsd Reporting by Chan11es"IFRS1021 in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in aCcOrda￿e wilh the accounting poI￿leS set out in the notes
to the financial statements and comply wilh Ihe charity's governing dccument, the Charities Act 2011 and
Accounting and Reporting by Charities. Statement of R*ommended Practice applicable lo charities
preparing their accounts in accordance with the Financ*1 Reports"ng Standard applicable in the UK and
R8public of Ireland published in October 2019.
Income for the year continues to rise and the charity shop remains the only source of funds.
During the year grants were made to several organisations as 0￿￿1ned in the notes to these accounts.
Reserves pollcy
The chanty has signfficant cash funds bul there is no specifTC need to keep reserves. as apart from the
Stop Shop, the chanty d￿$ not have any ovetheads or recurring costs. The Shop holds £19,243 in a deposit
account as a provision towards one yearfs rent 2nd a proviS￿n for any potential stsff redundancy.
Invostment Selectlon
Current interest bearing and investment funds are held by Hampshire Trust Bank and the M&G Charibond.
All accounts arè reviewed and discussed regularty.
Insur8nco
A policy wa$ purchased from ￿ceSS UThJeryrting Trusts8 Indemnity effe¢tive for ￿e1ve months as from 1
June 2013 and is renewed each year.
Approved by
Chairman
Vice- Chairman
Oate

SPARK
Annual Report 31 March 2024
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Total
Tot81
INCOMING RESOURCES
2024
2023
Donations and legacies
Donation
other trading aclivittes
Stop Shop
soo
149.654
146.213
Invest￿ents
Interest
4,965
3,107
Total Income
£154,619
£ 149.820
RESOURCES EXPENDED
Ralslng funds
2r￿ stop Shop
Charitable actlvltles
Grants paid
Printing Postage & Slationery
Advertising & promtson
Website & domain
Indemnity Insurance
Independent Examination
Bank charges
66.019
66.256
140,815
48,564
15
109
101
243
125
72
80
243
125
60
Total Expens
£ 207,343
£ 115,485
Net lTrcomelldefi¢it} before Investment galnsl{losses)
{52.7241
34,335
Gainsl{losses) on investments
(7871
12,8031
Not movernent in tunds
153,5111
31,532
Total Funds brought forward
217.253
185,721
Total Funds carrigd forward
£ 163,742
£ 217,253
The annexed notes fomi an integral part of these accounts

SPARK
Annual Report 31 March 2024
BALANCE SHEET
AT 31 MARCH 2024
Total
2024
Total
2023
FIXED ASSETS
Shop Assets- Shgds
836
1.036
Invostments
M&G Charifund
Hampshire Trust Bank12-year bond)
42.282
53,227
43.069
51.106
CURRENT ASSETS
Debtor5
VAT Re￿Trd
Shop prepayments
Investment5
2IK1 Stop Deposit Account
CAF Gold Account
Cash at bank and In hand
CAF Current Account
2nd Stop Current kGounl
2nd Stop Paypal
2nd Slop Sumup
2nd Stop Cash in Hand
Petty Cash
1.901
3.820
975
3,816
19,243
20,168
19.098
1,082
19.159
91,582
4.103
658
460
2,144
365
2.415
Tolal current 488ets
68,157
122,837
Less., Creditors
Amounts falling due within one year
1760}
{7951
Net current ass•ts
67.397
122.042
TOTAL NET ASSETS
£ 163,742
£ 217.253
FUNDS
General Fund
116.610
185.608
31.645
2nd Stop Fund
47.132
Tolal Funds
£ 163,742
£ 217,253
Approved by
T￿aSUrer
Judith Francis
Vice- Chairman
tewart Young
Date
)￿y 202
The annexed notes fom an integral part of these aGcounts

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 ￿RCH 2024
Basis of preparatlon
Basis ol 8ccounling
The charity I￿￿1￿&S a publ￿ ￿efrt entity as defined by FRS 102. The accounts
have been prepared in accordance wrth Accounts'ng and Reporting by Charities,.
Stalerrerf of ReC￿nMended Practice appllrable to charities rxeparing their a¢wJnts in
accolda￿ with the Financial Reporting Standard apphcable in the UK and Republ￿ of
Irdand IFRS1021 Issued in Odober 2019. the Financial Reporting StarKlard apphcable
in the Unrted bQ"ngdom ar￿ R8public of Ireland {FRS102}, the Charit￿$ Act 2011 and
VK General￿ Accepted AttoL*)ts"ng Practsce.
The final￿la1 statements have been prepared to 9fv8 8'tnJe and tslrvi8vl and have
departed from the Charstyes IA£counts and Reports) Re9ulats"ons 2008 Only lo the
extent required lo provide 8'true arnl fairf vwi The departure has involved following
the AccounbTrJ and Reporb"r*3 by Charities." Ststement ol RecoMff￿nded Practice
applicable to charrties prepanng annual accounts In accordance wth the Financial
ReportiTrJ StaTrJaid and applicable in the UK 8nd Republic of Ireland IFRS1021 issued
In October 2019 rather than the Accounbng and Reptsrb"ng by Chant￿$.. Statement of
Recommended Practice effectivè from l Awl 2CK)5 wh￿h has been withdrawn.
Th8 finanaal slatemenls are ryepared on a gryng ￿nC￿M basis under the hislorical
cost conventK)n The financial statements are presented In sterfing which is the
lynclbonal CUfierKy of Ihe charity and icMJnded to the neaiesl pound.
Changa In Basls
The slgnfflcanl ac£ounttng pOIr￿ ¥ppli9d in tha praparation of these statements are
set (￿t below These policies have bew ¢onsi$tèntty appliod lo all year8 prèsenlecl
unless otherwise slaled..

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policles
Rtcognith?n of incorne
This is induded in the acownts the chanty re¢eNes the ￿sOurceS
Offsett￿9
There has been no offsetting of asseis aThJ liabnitss. or incom and expenses, unlèss
uired or permitted by the FRS 102 SORP or FRS 102.
Grant5 and (lornatIo￿
raeeive
Grants and donations are onty induded as ineomtrwhen rer*ived
VAT
VAT reclaimable is recogniwd a$11 ar*es
Donated goods
l)onaled goTrJs for resakn are included in thè a¢￿Unts when sold by the charity.
Don818d $8r¥ice$ arKI
Facilit￿S
Voluntsgr h¢lp
The wal￿ piiced on ihese resources is not Indud&J in the accounts
The value of any ¥c4untary help rec8ived * not indud•J In the a¢LO￿t$
Inv•stmont in¢om*
This is induded in the accounts when receipl is probabltr and Ihe amount ￿CeiVable
can be rr￿aSUre￿ reliabty.
Investment galns and Ioss88
Thls Indudes any reallsed or unreallsed u8ln6 oi losses on the sale of investments and
y gain or bss resulting frcrfn revaluirrfJ inv*stments lo market value at the end of the
ar.
Support Costs
T￿ Charity has incJJfrad M)end6fvre on $upport CO81$
Grgnts P*d
Gr8nts p8Fd 8rn onty IndUd￿ in Iht •￿0￿nIS vrt￿ applications have been received
approv8d by the Iru$lees and funds Iransfefred lo the applicant,
Llability re￿gni1￿1
Liatslth"e$ ar* rncognis•d where it is more likety Ihan not thai there is a legal or
congtructive obligation commthing th¢ ¢hanty to pay oul resourceB and the ary￿￿nI of
thè o￿lgatIOn can bè mèasured rèasonab￿ certainty.
Creditors
The tharty hai c¥editoTr whKh are measur&J at setdgm*nl 4mounts10$6 any tradg
t*scounts
PTovislons for118billtse$
All8￿1￿ 1$ measured on reg)gnit￿n at its h¢storical cost and then subsequentty
mèasurèd at ttiè t4$1 eslimate of the afflount reqiiifed lo seioe the obligation at th8
reporting date
T?ngibl? fjxed ?$8et5 for u8e These are camalised rf they can be used for MO￿ than one year and eo$t moTe than
by charrty
£500 They are valued at cost or a reasonabl• valuè on Ter£ipt. The depreciation rates
aro giv¢n in ￿ wpropnate note.
Inv￿1￿￿nts
InveSt￿entS held frjf ￿ale or pending their sale cash 8nd cash equiv?￿nts with
rnaluirty date of less Ihan 1 year are ireaied as current asset inveslments
Current asset investments
The charty has investrnents which rt hold5 for resale or ￿ndIng their $81e and cash
and cash equNalents wrth a malunty date less than one year. These in¢lude ¢8sh on
deposit and c8sh equivalents wrth a matunty ¢Jale of less than one year held for
inveslfflent PLtrp05es lather Ihan to meet short term commitments as they fall due.

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCM 2024
Funds generated by ￿ Stop Shop
2024
2023
Shop Sales
Interest on shop funds
149,654
152
146,213
22
Totsl Income
Less".
Shop Mark8gement
Premises
Administratson
149,8C
146,235
138.1881
122,3501
15,4811
134,4831
127,3221
14,4511
Total expenses
166,019)
166.2561
Net surplus
Transfef lo SPARK accounts
Shop funds at 1 April
83,787
168,300)
31,S45
79,979
{80.273)
31,939
Shop funds at 31 March
£47,132
£ 31,645
Faes for examlning the accounts
2024
2023
ndependent examinor5 fees
150
150
£150
£150
5 Staff Costs
2024
2023
Gross wages
Employer Pension Costs
Employers National Insurance
39,176
705
35.799
624
£ 39.881
£ 36,423
Average number of full bme equivalent empbyees
Managing the shop
There is a NEST pension scheme opèrated by the charity,
No employees received employee benefits for the reporkn'ng peritsj of more than £60,000.

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Gr8nt maklng
2024
2023
Heath Primary School- Pky equipment & Matt5ng
Que6n's JU￿lee TreelOutd(xYL8aming Pmi8Ct
Kesgrave High School - Sports Hall Floor ￿pair
Resurface floodlrt Sports Area
East Anglian School Trust IKHSI - U18 F(x)tb811 & Key Slage 4 Netball kit
Kesgrave High School- Materials for fundraising for Exp8d1t￿n
Kesgrave Baplist Church - Awning
Kesgrav8 Kestrels - fc(stball equipment & dug out seats
U14 Kil and training
U11 Girls coaching course and kit
Kesgrave Krutsers- expenses for Alan Brown Memorial Run
ced8￿￿d S¢h¢)ol- Coronation - Natureark
- Leaming outSAd& the classroom
- Queen's Jubilee 8onch
Kesgrave Library - Toys & Rug for Slay & Play
Chairs & storage boxes
All Saints Church - Church Hall roof and car park
Addrtional car parking costs of edging and ￿ment
Eleclri¢ rewire of Church Hall
BrLX%n Tree Youth Café running costs (refund8d)
Kesgrave Music Festival - SK Fun Run & Easter Egg Hunt funding
Kesgrave Friendship Club- Christmas Lunch
Cornpuler Club - Hall Hire
KWMCC- Hol wal8r lank foT showers
Bandstand repairs
AFC Kesgrave- Ladies Football Kil
under 18- Tr8ining Krt & fees
Humpty Dumpty Playgroup- Coronat￿￿ Childrens p￿nic table
Special needs pushchair
Mobile book storage unit
Kesgrav¢ Singers- audio equipment
Come & Play - play equipment
Three Bears Playgroup - CorOnat￿n bench
Witnesham Wasps- First Aid Kit
Kesgrave Town Council - Fun day ride hire 2021n2
- Fun day nde 2023
- Christmas Celebrations 2023
- R8surfaGing Play Area
. Shed for Am7y Cadet slotsge
Kesgrave Parachute Reg Amiy Cadet Force- Training A￿S
Kesgrave Allotment and Leisure Gardening Associab"on Ltd - Communal Shed
Girlguiding Heathlands Division - L98derf￿eMbets membership fees
Ipswich Walking F¢Jolball Club- wate￿￿of Jackets
Kesgrave Library Community Group- ￿p1aCIng LNteracy & Numeracy Games
Forgel-mtrNot Café- Craft ma1fjri81sJHire ofBowls Pavilion
Kesgrave Tennis Club- New Logo Bannels
38.002
450
34,840
29,164
1.242
200
9,734
6,032
300
123
4,750
667
13.052
859
450
400
4,495
1,980
3.000
11,2001
1.100
750
700
1.550
500
750
1,000
1.000
895
1,615
200
263
340
300
250
200
1,728
5.265
4.277
8,750
1,385
3.090
2.200
1.490
514
250
250
197
£ 140.815
£ 48,564

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
xedAssets
Sheds
Total
Cost
At 1 April 2023
Additions
2,690
2,690
Al 31 March 2024
£ 2,690
£ 2,690
Depreciatson
At 1 April 2023
Depreciation for year (25%)
1.654
200
1,654
200
Al 31 March 2024
£ 1,854
£ 1,854
At 31 March 2024
£836
£836
At 31 March 2023
£ 1,036
£ 1,036
Depreciation has been char9ed on the fixed assets al 25% Islraighl Line), but was overprovided in
2023 Iherefofe a reduction lo correct this by £236 has been Included this year
FITxed Asset Investments
M&G
Charifund
Hampshlr8
rrust
2024
Al 1 April 2023
Addition during the year
Disposal during the year
GainllLos$l on revaluat￿n
43,069
51,1C6
53,227
151,1C61
94,175
53,227
151,1061
17871
(7871
£ 42.282
£ 53,227
£ 95.S09
Historical cost
£ 98.227
Market value
at year end
Reprnsented by".
GainllLossl
for year
M&G Chanfund
Hampshlre Trust
42,282
53,227
{7871
£95509
£17871
Croditor5 and accruals
2024
2023
Trade Creditors
Accruals
608
152
311
£760
£795

SPARK
Annual Report 31 March 2024
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
10 Trustees and other relatedpartl•s
2024
2023
Reimbursement of amounts paid on behalf of the chanty
N Francis
£108
There were no related party transaCt￿n$.
11 Capltal C(vnmltments
There were no capital commitments at 31 March 2024 or 31 March 2023
io

SPARK
Annual Report 31 March 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
SPARK
I report to the Board of Trustees on my exarnination of the accounts of SPARK for the year ended 31 March
2024.
Responsibilhles and basis of report
As the trustees of the charity you are responsib￿ for the preparab'on of the accounts in accordance with the
requirements of the Charities Act I'The Act 2011.1
I report in respect of my examinalion of the charity's accounts carried out under section 145 of the 2011 Act
and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under Section 1451Sllb) of the Act.
Independont oxaminerf8 Statemont
I have completed my examination. I confimi thal no material matters have com8 lo my attonlion in
connection wrth the examinabon gNing me cause to believe that in any material respect..
1 Accounting records We￿ not kept in respect of the charity a$ required by sectson 130 of the A¢t', or
2. The accounts do not a¢¢ord with those records.. Of
3. The accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charitres (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view. whi¢h Is not a matter considered as part of
an Independent examinabon
I have no con¢em$ and have come acrosg no other matters in connecth)n wrth the examination to which
attentson shoul(J be drawn in this report in order to enable a proper understanding of the accounts to be
reached
Signed..
Name
Christine Wade, HaslingsW*
Chartered Certffied Accountsnts - Registered Auditors
Qualifi¢8tion
Addre$$'.
58-60 Slowupland Road
Slowmarkel
Suffolk
IP14 SAL
Date.