2023-03-31-accounts - Ford Park Cemetery Trust

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Trustees' Report			1 to10
Statement ofTrustees'		Responsibilities
Independent Examiner's		Report	12
Statement of Financial		Activities	13to 14
Balance Sheet			15
Statement ofCash Flows			16
Notes to the Financial	Statements		17to 28

Trustees	and officers	and officers	and officers	and officers
The trustees		and	officers serving		during the year and since		the year end were as follows:
Trustees:					Mr J Clamp (Chair)
					Mr D Coles (appointed	4		November	2022)
					Ms W Coulton (appointed			7 January	2023 and resigned		3 October
					2023)
					Mrs M Heath
					Dr lan Hodgins (appointed			7 January 2023)
					Mr W Lightfoot (appointed			4 November		2022)
					Mr R Martin (appointed		4	November	2022)
					Mrs L Noad
					Miss J Northey
					Mr RTatam (appointed		7	January 2023)
					Mr JWest (appointed	7	January 2023)
Senior Management				/ Leadership	Miss J Bruce, Office manager
Team:					Mr P Turner, Grounds	Manager
Principal	Office:				Ford Park Road
					Plymouth
					Devon
					PL4 6NT
					The Trust is incorporated			in England	8	Wales.
Trust Registration			Number:		1079060
Company	Registration			Number:	03895150
Independent		Examiner:			Francis Clark LLP
					Chartered Accountants		8	Statutory	Auditor
					Melville Building East
					Unit 18,23 Royal William			Yard
					Plymouth
					PL1 3GW
Bankers:					Lloyds TSB
					Raleigh Street
					Derry's Corss
					PLYMOUTH
					PL1 1EU

Burials at Ford Park	Cemetery
Year Ending	Full Burials	Interment of Cremated Remains
31.03.2002	42
31.03.2003	40		11
31.03.2004	43		17
31.03.2005	58		24
31.03.2006	36		17
31.03.2007	50		21
31.03.2008	34		23
31.03.2009	41		17
31.03.2010	36		19
31.03.2011	42		26
31.03.2012	38		24
31.03.2013	42		19
31.03.2014	46		21
31.03.2015	40		14
31.03.2016	48		19
31.03.2017	49		18
31.03.2018	57		19
31.03.2019	54		23
31.03.2020			18
31.03.2021	43		19
31.03.2022	42		32
31.03.2023	30		27

Year Ending	Sale of Burial Rights Perpetuity	Sale of Burial Rights for a term ofyears	Total
31.03.2002		16	16
31.03.2003		15	21
31.03.2004		13	20
31.03.2005		23	31
31.03.2006	19	15	34
31.03.2007	18	22	40
31.03.2008	8		21

Trustees' Report
31.03.2009	19	20	39
31.03.2010	11	21	32
31.03.2011	18	13	31
31.03.2012	8	17	25
31.03.2013	15	20	35
31.03.2014	13	19	32
31.03.2015	16	15	31
31.03.2016	12		20
31.03.2017	20	19	39
31.03.2018	17	18	35
31.03.2019	14	24	38
31.03.2020	13	18	31
31.03.2021	15	17	32
31.03.2022	11	31	42
31.03.2023	14	12	26

Chapel service only
Year ended	Number
31.03.2019	34
31.03.2020	79
31.03.2021	93
31.03.2022	59
31.03.2023	55

				Unrestricted	Restricted	Total
			Note	funds	funds	2023f
Income and Endowments		from:
Donations and legacies				23,441	5,020	28,461
Charitable activities				155,952		155,952
Other trading activities				18,181		18,181
Investment income				189		189
Total income				197,763	5,020	202,783
Expenditure on:
Raising funds				(17,443)		(17,443)
Charitable activities				(214,691)	(13,931)	(228,622)
Total expenditure				(232,134)	(13,931)	(246,065)
Net expenditure				(34,371)	(8,911)	(43,282)
Net movement in funds				(34,371)	(8,911)	(43,282)
Reconciliation of	funds
Total funds brought	forward			340,514	579,080	919,594
Total funds carried	forward		18	306,143	570,169	876,312

				Unrestricted	Restricted	Total
			Note	fundsf	funds	2022
Income and Endowments		from:
Donations and legacies				41,040	3,083	44,123
Charitable activities				194,498		194,498
Other trading activities				21,557		21,557
Investment income				12		12
Total income				257,107	3,083	260,190
Expenditure on:
Raising funds				(21,296)		(21,296)
Charitable activities				(202,542)	(13,681)	(216,223)
Total expenditure				(223,838)	(13,681)	(237,519)
Net (expenditure)/income				33,269	(10,598)	22,671
Net movement in funds				33,269	(10,598)	22,671
Reconciliation of	funds
Total funds brought	forward			307,245	589,678	896,923
Total funds carried	forward		18	340,514	579,080	919,594

Balance S	he	et	as	at 31 March 2023
						2023	2022
					Note	F
Fixed assets
Tangible assets					14	717,531	699,160
Current assets
Debtors					15	23,998	22,401
Cash at bank	and	in hand				160,323	218,776
						184,321	241,177
Creditors: Amounts			falling due within one year		16	(19,465)	(15,711)
Net current assets						164,856	225,466
Total assets	less	current		liabilities		882,387	924,626
Creditors: Amounts			falling due after more than one year		17	(6,075)	(5,032)
Net assets						876,312	919,594
Funds ofthe	Trust:
Restricted						570,169	579,080
Unrestricted	income funds
Unrestricted						306,143	340,514
Total funds					18	876,312	919,594

			2023	2022
		Note		F
Cash flows from operating activities
Net (expenditure) / income for the reporting	period		(43,282)	22,671
Adjustments to cash flows from non-cash	items
Depreciation			21,492	20,598
Investment income			(189)	(12)
			(21,979)	43,257
Working capital adjustments
Increase in debtors		15	(1,597)	(14,041)
Increase in creditors		16	3,378	652
increase/(decrease) in deferred income		16,17	1,719	(924)
Net cash flows from operating activities			(18,479)	28,944
Cash flows from investing activities
Interest receivable and similar income		6	189	12
Purchase oftangible fixed assets		14	(39,863)	(2,988)
Net cash flows from investing activities			(39,674)	(2,976)
Cash flows from financing activities
Repayment ofcapital element offinance leases and HP
contracts			(300)	(720)
Net (decrease)/increase in cash and cash equivalents			(58,453)	25,248
Cash and cash equivalents at 1 April			218,776	193,528
Cash and cash equivalents at 31 March			160,323	218,776

3 Income		fro	m	donations and	legacies
					Unrestricted	Restricted	Total	Total
					funds	funds	2023	2022
						F
Donations	and		legacies;
Donations		from		individuals	13,441	5,020	18,461	12,829
Legacies								15,000
Grants, including				capital grants;
Government			grants		10,000		10,000	10,000
Coronavirus		Job		Retention
Scheme								6,294
					23,441	5,020	28,461	44,123

4	Income from cha	rita	ble ac	tivities
					Unrestricted	Total	Total
					funds F	2023f	2022
	Burial and other fees				51,387	51,387	70,384
	Grave maintenance	income			37,205	37,205	36,976
	Naval graves				11,534	11,534	11,534
	Lease ofgraves				34,793	34,793	54,538
	War grave maintenance		income		20,136	20,136	20,136
	Exhibitions				17	17	200
	Membership fees				880	880	730
					155,952	155,952	194,498
5	Income from other trading			activities
					Unrestricted	Total	Total
					fundsf	2023f	2022f
	Visitor centre income				8,663	8,663	3,615
	Memorial benches	and	plaques		6,482	6,482	14,337
	Sundry income				3,036	3,036	3,605
					18,181	18,181	21,557
6	Investment income
					Unrestricted	Total	Total
					funds	2023f	2022f
	Interest receivable	on	bank deposits		189	189	12

a) Costs of trading activities
	Unrestricted	Total	Total
	fundsf	2023	2022f
Event costs			809
Memorial benches and plaques	1,482	1,482	5,455
Office expenses	1,807	1,807	1,765
Printing and stationery	1,472	1,472	866
Visitor centre costs	4,579	4,579	5,954
Sundry expenses	5,342	5,342	3,562
Hospitality costs	926	926	889
Post and telephone	1,835	1,835	1,996
	17,443	17,443	21,296

		Activity	Activity
		undertaken	support
		directly	costs	2023f	2022
Wages and salaries		151,680		151,680	143,945
Cemetery maintenance		6,951		6,951	7,808
Insurance		19,745		19,745	18,256
Light heat and power		8,286		8,286	7,711
Motor expenses		1,375		1,375	1,851
Bad debts					1,920
Depreciation			21,492	21,492	20,598
Legal and professional			6,517	6,517	5,446
Repairs and	renewals		3,612	3,612	1,330
Security			2,438	2,438	1,827
Staff training			75	75	65
Saff uniform			601	601	343
Bank charges			1,290	1,290	1,623
Governance	costs		4,560	4,560	3,500
		188,037	40,585	228,622	216,223

Charitable	activities expenditure
		Unrestricted	Restricted	Total	Total
	Basis of allocation	funds	fundsf	2023f	2022f
Depreciation	100%	7,811	13,681	21,492	20,598
Office costs	100%	8,016		8,016	7,108
Legal and
professional	100%	6,517		6,517	5,446
Governance	100%	4,560		4,560	3,500
		26,904	13,681	40,585	36,652

Governance	costs
				Unrestricted	Total	Total
				fundsf	2023	2022f
Independent	examiner	fees
Examination	ofthe financial		statements	3,960	3,960	3,500
Other fees	paid to examiners			600	600
				4,560	4,560	3,500
10 Net outgoing resources
Net (outgoing)/incoming		resources for the year include:
					2023f	2022f
Depreciation	offixed assets				21,492	20,598
Independent	examiner's	fees			3,960	3,500
Independent	examiner's	other	services		600

12Staff costs The aggregate payroll costs were as follows:
	2023	2022f
Staff costs during the year were:
Wages and salaries	148,029	139,049
Social security costs	2,485	3,554
Pension costs	1,166	1,342
	151,680	143,945

14Tangible fixed assets
	Land and	Furniture and	Motor
	buildings f	equipment	vehicles	Total
Cost
At 1 April 2022	916,583	38,634	2,300	957,517
Additions	34,284	329	5,250	39,863
At 31 March 2023	950,867	38,963	7,550	997,380
Depreciation
At 1 April 2022	229,995	27,787	575	258,357
Charge for the year	19,018	2,096	378	21,492
At 31 March 2023	249,013	29,883	953	279,849
Net book value
At 31 March 2023	701,854	9,080	6,597	717,531
At 31 March 2022	686,588	10,847	1,725	699,160

							2023	2022
							F	F
Office equipment								540
15Debtors
							2023	2022
Trade debtors							20,841	16,160
Prepayments							3,073	3,169
Other debtors							84	3,072
							23,998	22,401
16Creditors:	amounts			falling due within one year
							2023	2022
							F
Trade creditors							2,709	3,706
Hire purchase	and	finance leases						300
Other taxation	and		social		security		2,080
Other creditors							1,892	57
Accruals							3,960	3,500
Deferred income							8,824	8,148
							19,465	15,711
							2023f	2022
Deferred income at			1 April 2022				8,148	8,708
Resources deferred			in the period				8,824	8,148
Amounts released		from		previous		periods	(8,148)	(8,708)
Deferred income at			year	end			8,824	8,148

							2023	2022
								F
Deferred income							6,075	5,032
18Funds
					Balance at 1	Incoming	Resources	Balance at 31
					April 2022f	resources F	expended f	March 2023 f
Unrestricted	funds
General
Unrestricted	income fund				340,514	197,763	(232,134)	306,143
Restricted funds
Long term	maintenance			fund	70,369		(302)	70,067
Victorian Chapel			fund		489,931		(12,892)	477,039
Bell Tower	Project				15,717	20		15,737
Friends of	Ford		Park		3,063	5,000	(737)	7,326
Total restricted		funds			579,080	5,020	(13,931)	570,169
Total funds					919,594	202,783	(246,065)	876,312
					Balance at 1	Incoming	Resources	Balance at 31
					April 2021	resources	expended	March 2022
					F	F		F
Unrestricted	funds
General
Unrestricted	income fund				307,425	257,107	(223,838)	340,694
Restricted
Long term	maintenance			fund	70,671		(302)	70,369
Victorian Chapel			fund		502,823		(12,892)	489,931
Bell Tower	Project				15,622	95		15,717
Friends of	Ford		Park		562	2,988	(487)	3,063
Total restricted		funds			589,678	3,083	(13,681)	579,080
Total funds					897,103	260,190	(237,519)	919,774

		Unrestricted		Total funds
		funds	Restricted	at 31 March
		General	funds	2023
Tangible	fixed assets	231,356	486,175	717,531
Current	assets	100,327	83,994	184,321
Current	liabilities	(19,465)		(19,465)
Creditors	over 1 year	(6,075)		(6,075)
Total net assets		306,143	570,169	876,312