SPARK (Sport, Amenities, Recreation in Kesgrave) Regi8t•red Charfty 1077587 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 March 2025
SPARK Annual Report 31 Marth 2025 TRUSTEES REPORT REFERERENCE AND ADMINISTRATIVE INFORIAATION Registernd ChantyNo. Chaity LYJnlact nanE'. Chaty o)nt8ct atyrlrnss: Chaiily main a(Yrnss: Ch•iity wrbsrte 1077587 Mf NKA Fr8rM7$ 48 Awta Clw, Krfry84. Ip9thth IP5 1HS Unit S Ropes Dri¥•, Twmlvo Aue Approath, KesTr, Ipmth, IP5 2ET Tlustws at 31 All 2025 Mrs Molty Amoi 28 F•tsu 2013 Mr8 Angela Flnch- 18 Nov•nb6r 2013 Mrs Juthlh Frkni$- 9 2018 Mr Nich¢Jlas Fr4rKi8 20 Awl 2LY20 M$ Jown• TillKt 20 Wil 2020 MrA8Ney Jordan 7 Aw4. 2014 Mr Patric Mills - 20 Awil 1999 14 Jlty 2LY25 Mrn Tina 8W2019 15 Apfjl 2024 Mr 09d Slwward" 7 Awl 2014 Dr Kdth Stewart YouThJ - 14 Odoi)•r 2011 Mr Chl•& frloward . 10J42 Mr Dav K•n• io 2023 14 JJY 228 Cuilodiln Trnsl 3•nkvf¥ GAF B•nk Lbl, 25 HI A¥•r. Kingl Hll. W• M¥n0. K•nt ME19 4JQ S•nl•nder. (Me Rd, Bo¢XJ•. Merneysid•, L304GB tryt• Tluii Benk pk. 131 FMIry Lon&M. EC2A 1NT M&G Chwib•$, PO Box Kt38, Ch•lmsfrd. CIA89 2XF Independert Ex•mhY. ch$ W•d•. H•triyW 5&80 S•YaPknd Roid. Stth*Nrk•l. IP14 SAL
SPARK Annual Report 31 IAarch 2025 STRUCTURE GOVERNANCE AND MANAGEMENT The chwity was set up ty consllutm iyr 20 1999 axl li N1>bar 1999. 11 hls sthequwtty been amendea to the Clbs rf the m8ttKth of owrAt)n'. th"s was aFprtsved by the trustees cfi 2 Marth 2010 and wps apwov8d aTrJ r£orporatett ty the Charity CorNnissi(n on 9 JY 2010. Furth8r mirnr am•ndm8nts Ira aFprobd gnd iwrated ty the Charity Commissm in April 2012. The DJrr8nt 03nstrtutKm dated 2 Marth 2010 in¢orFrtxales a m mkng p. Furthw enthlt$ ware agreed by Board of Tru¥tees at their AGM in 2020 The Tru51ees aro dec6d at the Annual ra1 Mg8try by bakx (K Pj harts in V•ith tne Conth'lution (Clause 8). ShId a a roplanant CAn bo by Iho 0x0lIve mmitt88 to serve until thè xI Arnud Gerw81 M•¢tvvJ. Thè is man&Jad by tftè'Bo¥d of TnA408s' cl SPARK As dwrfty tru#8eR tw arg resp)ngle ftjr complyry l&JilatK)n aprAWe 0 thaities. ndud88 tegstratM, keepiig propw ants rna rnlLwn8 lo IM Ch¥ity Cc¥nffssM as 4yuplate. The B(rt ol Truste8s m•els fwr tim•$ a year. Rls •ndlnt•nl Contfol The truoes have idtrtttfiod thè m4.or rAk8 to Itoy tho rthy 1$ •w•d. th899 been revlewod and systems have b89n estaLth¥h to mltlg agwot thom. makn weas of tlwt hav8 t•en idenliffied arn: Redwod Income from ld Th8 Ch•lty upon inc¥Jx• from Iho 2r4 SILV SW. Th• Chty does hcld a resefv8 10 eo¥ef th8 tX)st d LTh years Mt Tor Ihe arKI lund8 lo o>ver pclents'al redundancy payments to )op staff but if Shop were lo th b• lorthe rem•'rw term d th• lea$9. This woukl leav8 rnmanlrig rew¥ets io bo ths1rOd 88 grants u1 th8 rnsoN8s were eyhauslod. 11 futher vKJrk r• to b• undwtgn ty tr• (wity. It1 8 rnw sowce wwK1 n••d lo b• You. The tharity has in sy8lem$ ol wrtema crmtr(4s Ihat Wo thBned io pro¥vJe reo¥oftat40 a$suranc• agarnsl maiend nismanagwrrt or Iw th•s• Irljde 2 wgn8lcThs fDr all payrnonts BACS p•monts aro ltqled ty the TrlUrnr •AlK¥ed by a 1oc¢Thl Irualo• in•Ur40 O1() lo •nsur• th•t 1ftsurae ar8 cfj¥er•d. th• y••r trustO05 8et 8nclhw Charlty SPARK CIO wll ovwrtualy lthe pl•a ol thg OJfrvnt Ladtable as8K4alKm. OBJECTNES AND ACTMTIES ObJ•cls olth• Ch•rtty SPARK is 8Stablisfd to Iho wovknl(¥i fc¢ Iprt am8nill•s, rel7C arKI othw le18ure limo ¢XpatIonS f(Y the t•n8frt ul mh8brtars af T(7n rf Ke•wa¥• ) th• intffe#s d s(y)al an¢J in order lo improvo the wality rf Ilfe sthd irtth'twrt& GrwrtAl•klng Polky Grants are txffrentty aw lo apleI5 In acCra ith lh• l•d dxi th• cOrlUt)Qn All the IfUStee8 afè vebJnt••r8. Tho of the are the shop marw, a$t&nI manager d8anor who ter 4tsdaY ruw•vJ af slw. The W) statsd by a large wp of volunleefs Ytho an work on a tsme unp•d ba&'s. The (nty meet$ the Chwity C'S bgn•fft uiteria by granls to locol aryanksalior¢& aThl qjlo to enable thffln to FX6 thek ms ambilKTh. In many oses tr¥5 wHblg5 the peopba corK4m to fvrth8r their rk in the ccffimIty. ACHIEVEMENTS AND PERFORMAMCE SPARK is rrontty the lea8ehJltsr ol Ihe 2T4 &op Charity Smp The lease betren Sp 8nd Tests), reach8d a lea¥e reTw41 al 31 2018 and a rw1888e has been wotl•j for 10 years. The *88 is hdd in the nane clthree trust. Palrica Mhls. Keith kklty All t5
SPARK Annual Roport 31 March 2025 g•xrat8d the operational cost8 of rumiwJ are to the sole befit d SPARK used lo m0k8 grAnls or lo)s lo orgarisations and ndmduals thg rn of beneffl. FINANCIAL REVIEW The tnjstees have opted the Frovi&ffls (4 the StateAnw of ROCtrd9d Prxtlce ISORPI "Ac¢ountlng arKI Reporting by Chailies'lFRS11Y2) in Ihe rwcxl and finanaal 8tatemen15 of th8 thanty. The farje1 statem•nts have been Fryar&J in a(£&ce with tr£ atX£)untlro pc4oes set (xrt in tt nth$ to the financial slatenents and o)mFéy with Ihe thwfjty's d(M)JmonC the ChIt8 Ad 2011 and Ai%wntTha by Ch¥115.. &818ment crf R4)nManded Practice i(xble lo t8llties prew'ng thr aectsffits in aCtrdan tho FIrLan0 Reportng Stan(lard In tho UK aputrAic of Irel•KJ li8d in Odthr 2019 Income year remainèd C¥)nsistent Ihe rrAnans of fut)Js. During the year grnnts mado to aeveral organisakn)¥ aj (Mrtur in tl notes to thosé R•s•Ms polky The tharity has $I1nI csh fuTrJs t#Jl Ilr• r3 no speafie n8éd lo W reser8, •y apwt tho 2r4 St¢p Sli¢p, tho thaftty doe$ hovo ory o¥wiwJs ty rwnryj c8ts. Th shop Pvjlds £19.243 In a de1 A1Unt as a provlsth ttraqrds rrn ys rrrt ¥wJ 8 pthntsal TrdwKlancy. DurlThJ th• yr th• mdn r8ser4e8 cl SPARK trmtred to SPARK CIO. In•uran ne 2013 and 18 r•rk•A*d •ath yur. AFprov•d by Chwrmf Vts~ Chkn•) 13th OcTL43É<2oZ
SPARK Annual Report 31 Ilarch 2025 STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ÉNDED 31 MARCH 2ff25 Total INCOMING RESOURCES 2025 2024 Don8ticrs and legaae8 Donats Other tra(th"ng atleS 145,428 149,654 Investments Int•r•st 4,174 Tat•l Incom• £149,602 £154,819 RESOURCES EXPENDED R•i•ln9 fi#yd• Slcp Shcp Ch•tlt•bl• •ell¥lll•s Grants Printing Pojtap & Sthb'(My Websrto & d8¥) Indemnty InsUCe Ind•pondent Ex*nw)ati Ba)k thwg88 68,072 &3,019 21.514 140,815 244 125 243 125 185,786 75,&31 £ 207,343 M•t Id•fidll b•for• Inv¢•tsm•rt VInO01•) {128.2591 52,7241 Gain81llos8•8) m hmslfflwts (787) Not movement In fund• (124.439) {53.511) Total Funds trrou forward 163,742 217,253 Tota Funds rrIed fi¥ward £ 39.303 £ 183.742
SPARK Annual Report 31 Alah 2Q25 BALANCE SHEEr AT 31 MARCH 2025 Total 2025 Total 2024 FIXED ASS5 Shop A8q•t•- Sh•d• 836 InvMtm•nts M&G Ctr4rilund Homp¥hiro Tru81 Bwk (2-yw byxa 42,282 53,227 CURRENT ASSErs D•bto VAT Rolund Shop w8payrr Inv•stm•nts Slcp Dew)srt ALXOUrt CAF Gok1 Acctsl C••h It b•nk In hand CAF CLrnt ACUnt 2hJ Sl¢)p Currwrt AttoJrrt Slw Paypal 2- Slcp Sumup 2rd Si¢p Cath in Pl•id 3.824 19,446 19.243 20.168 14,176 19,159 385 2,415 1,5C6 Total curv•nt aM•l• 40,334 Less". CtedrtL¥¥ Affl07ts fillif$ 4kn ono year 11,0311 (780 67.397 TOTAL NET AS8ET8 £ 39,303 £ 164742 FUNOS FuThJ 11501 39,453 116,610 47.132 Stop Fw Total FwKI• £ 39.303 £ 183,742 Approved by JLxIth Fr8no$ sIrt Yo(
SPARK Annual Report 31 Marth 2025 NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 225 B•sls ofprwrnlbn of ¥4)untsig Th• clwty b•Mtrt orty M d•fm8d ty FRS 102. The a0 havo trx•n wep4rnd actnc tAilh AcUrtl9 and R¢rxrti19 by Chwities,. Stat•ment of RéeonThndl PfCti• to chwibe5 pf•p•Mg thir accounts in accordan ith th• F#neIl1 Rew1Aig Stmdurf in the UK w)d Rèputdit of Irdand (FRs12) Uld i Oelobér2019. th• Fin•nrAal R•wbng St•nd•rd aFwubl6 th• Un•d Ind Repu traknnd {FRS102). Chafib•• 2011 and UK G•rt•r•tyAx•O•dP£OxtinQ Prncw. Th• fin41 #thrmnts h•4• b•en ptwr•d lo gfv• • •nd hwt d•Mrt•d from the Ch¥th• (Pxwrtt a1 Rèpxtsi 2( onty to tr extenl r•9•d lo pThid• a Irue 4nd Illl vthv. Th• departurn has fijlltrwln th A4¢rMJrtng and R•rthtry by Chortim". St•Wrtth)t ol RnOnded Prn¢i Ippliebkry to tha11 FYwrythorannu x(%)Imts in KC4Ydanc¥ 7Ailh th• Flnanri•l R•pDrtirrfJ Stsndwd and w4ubl• li the UK R•wbSc af Ir•L•r#J IFRS102) issu•d in Othber 2019 rath•r •n¢ R•portlng by Ch¥iba.. st•t•nnt of R•corrffjenthd 14•¢AirA •ff•4¢ 1 Awil 2005 has The fvwnci•l •tthnwts ¥• on a 80ry basis dI( Ih hof11 fundional curr•nw ollh• chrty rnund•d ty tho poun Ch•nq• kn 81115 TM 8ban3nI aco)urting pJk4•s In lh• FY•pwhTh olth•se tht•m•nts 4r• sol out b•kMt. TPh71• pobd•s b••n con•nty to •ll yen pYesent•d
SPARK Annual Report 31 March 2025 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 RwitK¥ll ol iK(•n• T$ is MAed li lh• lh• rnrlv•s th• r•styJr r•qJY•d cf p•ffltwl ty th• FRS 102 SORP w FRS 102. Grants VAT VAT r•cwiwJ tlonat¥d gcodj Donated s¢• •nd Volunt••r h•lp Th• tAlu• ol h il knchJd•d in IM •cr4unt• Iny•knMnl Incrym Tri• l• in¢hJd•d ) th• •xtyJni•fhth•n rer•vJt r4 woblblfr and th• wThiunt eIbIl ¢•n m••M•d r•l#br. Inwm•nl •r4 Th"8 •ry r•allMd or ons or on thts sile of In•tntI #nd ry or r•$ullty frtsn reY•l"rq to math•t vabJ• at Ihe end olthè SUFWI Costs Grnnl• PaK1 (kn1¥ p•d •• rorf I1•d kn th• •[fAAl hw4 •n id •pwowd ty and trwtd•rrthY 10 th• •Wcwit Lbthfy r•cwthon r•¢oww•dAtw• l i• lkntylhan not th•tth•r• i• • b•gal or rx4nknJch• ¢JbW'M CA))Yrnttty th• ch•rty to pay r¢i+)ue• and th• •rrunt of Cr•do thscounts Pro¥i•ioni for I1•bMl A knbdty il ¢)n ¢Nt and then wb4wrrtly mtrasured a¢ th• dth• arMWrt r•wr•d ta 8•tUo Iho obw'oft at thé mWld d T4nyt4• fix•d Mo•ls lor Th•s• •rn rflhffjf ¢•n be u••d lorfftx• Ihan on• y•w •nd ¢x¥•t mur• Ih•n Oy chity £SCQ. Th•y ar• ¥ald 41 cost or * valu• M rK4p)t. Th• d•FY•cwtion rltss Inb•Stmtr In•E3trrftts h•hJ for res810 orpndivJ Iher and cath and c4•h •qut¥al•nts ilh • miturty ¢t• rf l••$ th•n 1 y••r rè ir••tad ai fAJrr•nl a6s•t iv••trwts Curr•rrt •M•t T 7$1• it Mll8 for or Ih•Y 8•1• Ind cas 4nd cash •qLfv4•nkn ¥Ah # date IDB$ In one y•4r. Th•M Incde on d•¢ Th8¢a•h own¢• * m*uity d•le of thjn one year h•ld for
SPARX Annual Report 31 March 2025 NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 RCH 2025 2024 Sts)p Sales Int¢rest CA) sw (urlts 145.428 212 149.654 152 Total irKxJme L•8s'. SP Managornent Premisgs Athilni8tration 145,640 149,8Ce (37,4201 {24,71 (5.W2} 138.1881 {22,350 15.481 Total axpen$8S (68.0721 {66,019) N•t wrplus Tran$fw lo SPARK K£OL1$ Translar to SPARK CIO SIV fund5 at 1 April 77.568 (s7.i) 127,2651 47,132 83.787 {68,30D) 31.645 fiJnd5 at 31 Marth £ 39,453 £47,132 4 Fw• for •x•mlnlng th••c¢owrf• 2024 Indep8n¢J•nt exomlrws f¢0• 150 150 £150 £150 O Sthff Co•ts 2024 Gross wago8 EmF4oyer PanOn Cost8 Employ•rs Nation81 Ir 38.472 739 39.178 705 £ 39.211 £ 39,881 Aver8g8 nutT4)er ol fulHI'me rywegs the thop 18 a NEST pws¥Jn sclwne opwa by thè (*lty. No wN)loyw roLwv8d wnpluy•o bonéfft8 for fv remng of mcn th £60,000. N¢ trust r•c4fv8d Otr benefits Irom chwly tt yagr end•d 31 Mwch 2025. (2024. nil).
SPARK Annual Report 31 Pjarch 2025 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 IAARCH 225 Grnnt nmkkng 2025 Thre• 888rs PlaygroL¥) . Artrfttxl Grnss Kesgravo Club- New W&erlny Birthfjod Primwy School- Zen Den Kesgrave KnJisers- &xp8nso8 forAlon 8n)wn mpn1) Run Ci112èn8 Outrn8( Ketyrnve AFC K¢sgrav6- L8cATes Fogtball lfj't & re lunth Kesgrave Cnd(et CJb- ff crfthrne year Sr East Anglian Sthool Trusl {KHSI_ Arts Counol Club Kesgrave PCC- Surye peon for mBtha equipThnt H081h Prfmary Sca- Play equ¥xyl & MathNJ Kesgr8vo Hh sc1. Smrts Hal 7,SLKI 6,250 2CQ 4.750 895 750 38,W2 29,164 9.734 4.495 1.9JJ K88grav8 Baolst Church- All Sairts CMrth- CAun H8tt rtx>f anLlcwiwk A(1Xn91 c8r why'r47 cos ole(try (xr Eanc LYChurc Hal Kewrave Kestrels . ftJol)o11 equyngnt & rwt U14 trninft U11 Grt arn¥k KWMCC- Hc4 wjtorlank for 8andstand Trpair¥ Ke8grave Music Festival . SK Fun Run & Ea•r Eg9 Hunt C6dww1 Sthool- c0mnet- N•tuw Kesgrav8 Ltsrary - foys & Rug frJr &ay & F¥ay Kwgrav• Friond8hip Club- Chnmas L¢m¢ Comwtor Club- Hall Hme HLYnPty Dumpty Playgroup- Con)n•lts Cl#ldrnns 1¢ ta& n8&ls pushchatr 8,032 123 1.5&J 450 5C#J 750 200 Ke8grav• Srs•ry4- a(h Iwuipnrt CL¥ne 8 Play- tyay w4wpnwl Wtngjham W8y- Fi1 ALI Krt 3TrJ 1346) £21,514 £ 140,815
SPARK Ann(al Report 31 March 2025 NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2025 7 Flx•dAssots Totw ¢0 Al 1 April 2024 Addtions Di¥Jasals 2.69J {2.6901 12,690) Al 31 Math 2LY25 Depfecaalion At 1 Aprll 2024 DeprèLyation for yo¥125%1 Dispjsals 1,854 (1.8541 11,8541 At 31 ma 2025 At 31 Math 2025 Al 31 Marth 2024 £836 £836 D•w•dalion ha$ be rtwged on th? ftrèd ass•t$ at 25% (Str8W Lin•). &G li¥h rn 2026 At 1 Apnl 2024 Adjilion dLnrKJ th9 year Dispo1 dn9 tr ye¥ GainllLoe$l i)n r•v8luatity) 53,227 96,509 2,228 I99,7) 144,102> 155,455) HistLYThl c¢¥t TraJ8 Cr80itars Ac£Na 150 1S2 £1,031 £760
SPARK Annual Roport 31 March 2025 NOTES TO THEACCOUNTS FOR THE YEAR ENDEO 31 MARCH 2025 2025 Relrntywwnenl of pgld rA Ihè chanty NFMC £122 Th8r8 vArn no relat8d party tr8nsacllorts. The Iru*ws agreed lo pry £7 fry Ihrw YWS tt> cl for sponsorsNp 8r#J provision of shrts C>nty tho firnt instaknert £7SJ has bo8n thhs yaar. io
SPARK Annual Roport 31 March 2025 INDEPENDEKf EXAVANER'S REPORT TO THE TRUSTEES OF THE SPARK I rw to the Bowd cd TnJ6t rm rny trAam¥ SPARK tslhts ondgd 31 Marth 2025. Ro8ponslblllll•s and ba81• of ry>rt As the trustèes of tho thlly ythj are resKxinsible Ihe ol the aoX¥ts in 8rdan Vlith the r8wirwm•nls of the Chwttigs Acl (Th AAX 2011.1. I Ter in respect d my eMrinatiJn al ihfr 4ccw)ts lad ¢xA 5ec'on 145 of Ihe 2011 A¢1 8rKJ in tty1j my examinaUon I fohyd 1 ts w.blO Direcllons glvw ty tne Charity Commlssion under Sech 145(5llbl A(a. Ind•p•nd•nt lmIn•I •tat•fflwrt I have my examinalicfj. l trrfm) that no mattr1 mattws hwe ce to my att•ntion in cOM8ctic ¥Ath kno &xamin8tiM me C4Ufe to Ni8Vti that in mal8r¢al regpett. 1. A(minting ree4xd$ ¥Mre not kept in rewl as rerylred ty 130 d thè or 2. Th? &cntS do not acoyd th trse ra?& or 3. The aCcantS do not Ccfftpty wlh th¢ aFOicatye reqmmerrts Cor[ ts form )d Cont of accounts sot olrt in ts char05 IAco)unts Rapth) 2CIJ8 other than ar rwuir8mant that Ihe actthnls gNe a'tnjo Iiir Wlicti not a matter nI1•a as part cl an indeF•nd¢nt examinalion. I havé no concm8 and havo rJ)rne auo$s other motters in ¢(nel10n 4th eXtn to whith attent sho¢ be 10 in lth report to anablé 8 proper Lnderstandmig of the aCCOLrts to be r•ac•O. Slgned.. Name Cth'stinfr Wad•. H&irylNwJ8 Qualrfic4Ii Ch&1ernd Cw1ified A(Yx#ts Athjrgss.. 58-80 StoiJpliJ Road SINrnatet sk IP14 SAL Date.. rya 2S li