KING GEORGE'S FIELD (FULMER) Registered Charity Number: 1081464 TRUSTEES, ANNUAL REPORT AND ACCOUNTS For the period 1 APRIL 2023- 31 MARCH 2024
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Assoclation ("FSCA") Registered Charity Number: 1081464 INDEX Contents Report of the Trustees Committee of Management's Responsibilities Independent Examinerfs Report Receipts and Payments Cash Funds Notes to the Accounts
TRUSTEES. ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Association ("FSCA") Registered Charity Number: 1081464 The trustees present their report and the financial statements of the charity for the perlod from 1 April 2023 to 31 March 2024. Charity's principal address 10 Ruperts Lane Henley on Thames Oxon, RGg 2JE Names of the charlty trustees who manage the charlty: Truste• nam• 0at•S 4et•d If not whol• year anyl Nam• of p•rdon (or body) ntltlod to appolnt trustee Kan Fulmer Parish Council Fulmer Cricket Club Gerrards Cross Fulmer Football Club Pauline Vahe Peter Box Andrew Walsh Treasurer Appointed 4 July 2023. Resigned 16 September 2024 Fulmer Parish Council Anthony Shaw Resigned 4 Jul 2023 Gerrards Cross Fulmer Football Club Gerrards Cross Fulmer Football Club Fulmer Cricket Club Roy Macmillan Namit Pandey Appointed 2 March 2023 Linda McKenzie Lorette du Toit Fulmer Tennis Club Fulrner Parish Coundl Chair 10 James Pefton Appointed 7 September 2023 Resigned 20 ril 2023 Resigned February 2024 Elected lan Finan EleGted 12 Alistair Milner Gerrards Cross Fulmer Football Club Custodlan trustee for the charfty: Fulmer Parish Council. Bankers National Westrninster Bank 63-65 Piccadilly London W1J OAJ
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Association ("FSCA") Registered Charity Number: 1081464 Structure, governance and management The Charity is govemed under a scheme estsblished in accordance with the Charities Act 1993. The Charity is an unincorporated association. The charity's trustees are selected on the following basis: up to three are elected. one or more each is appointed from the authorised organisations. and two are appointed by Fulmer Parish Coundl. no more than two further CO•OPted members may be appointed. The scheme allows for up to 14 committee members who serve until they reslgn or are no longer capable of performing their responsibilities. The Management Commlttee The Management Committee manages the day-to-day operalions of the Charity. It meets approximately once every six weeks and the secretary or a design*e for 8ach meeting produces minutes. The meetings are generally held at the pavilion at King George's Field but when it is agreed some meetings were conducted via Zoom. The Charity Is the benefidal owner of the premises and storage containers situated at the King George's Field, Fulmer Common Road, Fulmer in the county of Buckinghamshire, SL3 6JN. Rlsk management All potential users are subject to review and approval by the comrnlttee andlor by the management of the clubs. The principal risks are the misappropriation misuse of funds of the Charity and of the use of the pavilion and field. This risk is mitigated by the close involvement of the committee through the representatlves of the dubs and more through the manager of the facility. Risk management is also assisted by regular reports to the Management Committee on the status of the clubs that use the premises and of the plans and projects set up by the Management Committee or the dubs with the perynission of the committee. In additlon, the accounts are presented in brief fomiat by the Treasurer at the committee meetings. Further, we have established a reserves policy whlch provides guidance to the trustees regarding when we need to take action to restore the financial resources of the charity. ObJectlve8 of th• charlty The Charlty is responsible for the provision and maintenance of King George's Field, in the village of Fulmer, Buckinghamshire, for the furtherance and encouragement of sporting, recreational and community activities for those living in the parish of Fulmer and its near neighbourhood. Actlvltles durlng the flnanclal year During the year under review the Charity organised community activlties such as Fulrner Family Fun Day and Fulmer Fireworks. It also provided facilities for exercise, art and mental health dasses and for the sporting activities of the Fulmer Cricket Club. Gerrards Cross & Fulmar Football Club and Fulrner Tennis Club. Achievements and perfonnance The facilities were operating as usual during the year following Covid. The Famlly Fun Day in May formed part of the King's Coronats'on and Big Lunch celebrations and was attended by His Majesty's Lord-Lieutenant of Buckinghamshire. The Family Fireworks event in November drew over 600 people and was significantly upgraded with spectacular fireworks and novelty activities such as stilt walkers. The Studio as an exercise Spa gained more traction with various new classes introduced over the year. The condition of the All Weather Court deteriorated and was finally addressed this year wrth a significant upgrade made possible by the generous donation of a local resident.
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Communlty Associatlon ("FSCA") Registered Charity Number: 1081464 Young Peoples, Wellare The Charity works with its associated clubs to ensure that the facilrties provided are suitable for use by the young members of those clubs. The football club has over 330 young members, induding 70 girts, in the age group 7 to 18. The trustees have had regard to the guidance issued by the Charities Commission on public benefrt. Investment Powers and Policy In accordance with the constitution, the trustees have the power to invest surplus funds for future projects. Future Developments On 23 September 2024 the trustees took the decision to appoint Fulmer Parish Council as the sole trustee of the Charity. The change is being made to achieve 8 more financially and administratively efficient management of the Charity. Once Charities Commission approval has been obtained for the change in the trustee arrangements, Fulmer Parish Council will be appolnted sole managlng trustee, and the individual trustees will resign. It is planned that a management agreement will be put in place delegating the day-t¢>day management of the Charity to a Committee of Management. Flnanclal revlew Statement on reseNes: The trustees, aim Is to have sufficient funds to underpin the day to day running of the Charlty Funding to date has been obtained through a grant from Fulmer Parish Council, contributlons from the clubs that use the facilities at the field and through the efforts of the committee who arrange fundraising events from time to time throughout the year. In addition, funds are also raised by sub-letting the pavilion andlor the field to interested parties This year we also received donations of £22,121 from local resldents. The money has been spent on upgrading the facilities including resurfacing of the rear car park, the lighting infrastructure for rear car park, the lighting cabling for the All Weather Court and the renewal of the All Weather Court surface. There has been an Increase in the use of the field by young boys and girfs football skllls, courses during school holidays. Results The results for the period are set out in the statement of financial activities on page 7 and the notes to the accounts on pages 9 to 11. The trustses doclare that they have approved the trust•e8' report Signed on behalf of the charity trustees: Lorette du Tolt, Chair Fulmer Sports and Community Association (FSCA) King George's Field Fulmer
TRUSTEES. ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Assoclation ("FSCA") Registered Charity Number: 1081464 TRUSTEES, RESPONSIBILrriES FOR THE FINANCIAL STATEMENTS Law applicable to charities in England and Wales requires the trustees to prepare financial statements which give a true and fair view of the stste of affairs of the Charity as at the end of its financial year and of its financial position at the end of the year. The Trustees, considers that suitable accounting policies, consistently applied and supported by reasonable and prudent judgements and estimates. have been used in the preparath'on of the financial statements and that applicable accounting standards have been followed. In addition, the statements have been prepared on a going concem basis. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the appliGgble law. The Trustees are also responsible for taking reasonable steps to safeguard the Charity's assets and to prevent and detect fraud and other irregularitie8. Investment powers and polfcy In accordance with the articles of the Charity the Trustees have the power to invest surplus funds. It is the policy of the Trustees to invest surplus funds in a bank or building soclety provlding the best rate of return.
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Associatlon ("FSCA") Registered Charity Number: 1081464 Independent examinerfs report to the trustees of King George's Field (Fulmer) (Registered Charity Number 1081464) I report to the trustee on rny examination of the accounts of King George's Field (Fulmer) (Ihe Trust.) for the year ended 31 March 2024. Responsibilities and basls of report As the Charity trustee of the Trust, you are responsible for the preparation of the accounts In accordan with the requirements of the Charities Act 2011 (Ihe Act,). As the Chaiity's trustee you consider that an audit is not required for this year under section 144 of the Act and that an Independent examination is needed. I report In respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dlrections given by the Charities Commission under section 145(5){b) of the Act. Independent examlner's statement My examination includes a review of the accounting reccxds kept by the charity and comparison of the accounts presented with those records. It also includes consideratlon of any unusual items or disclosures in the accounts and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentty no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in th8 Statement below. I have completed my examlnation. I confirm that no material matters have come to my attentlon in connection th the examination giving me cause to believe that in any material respect.. 1. Accountlng records were not kept in respect of the Trust as required by section 130 of the Act; or 2. The accounts do not accord wlth those records. I have no concems and have come across no other matters in connection wlth the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. Signed: 74azal Cooch CCA 318a Marlow Bottorn, Marlow, Buckinghamshire SL7 3QH Date: 27
TRUSTEES. ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Association ("FSCA") Registered Charity Number: 1081464 KING GEORGE'S FIELD (FULMER) STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2024 Note 2024 2023 Receipts Receipts 60,428 119.343 Interest 355 Totsl Receipts 60,783 119,343 Payments Establishment costs Management and Administration 74.792 28,678 42,328 28,626 103,470 70.954 Net Movement in cash Funds (42,687) 48,389 The notes on pages 9 to 11 form part of these accounts.
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Association ("FSCA") Registered Charity Number: 1081464 KING GEORGE'S FIELD (FULMER) BALANCE SHEET AS AT 31 MARCH 2024 Note 2024 2023 Current Assets Cash at bank and in hand 23.809 66,496 Net current assets 23,809 66,496 Net cash funds Reserves Restricted funds Unrestricted funds 23,809 66,496 Total funds The financial statements were approved by the Management Committee on 2024 and signed on Its behalf. Chalr of Fulmer Sports and Communlty Assoclatlon (FSCA), King George's Field (Fulmar) The notes on pages 9 to 11 fomi part of these financial statements
TRUSTEES, ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Communlty Association ("FSCA") Registered Charity Number: 1081464 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcies Accountin Convention These accounts have been prepared in accordance with The Charities (Accounts and Reports) Regulations 2008 on a receipts and payments basis. ei ts and Pa ents Receipts and payments are reported gross. Grants Receivabl Grants are recognised when received. mmi No commitments have been made by the Management Committee that need to be reported. Management Commlttee's emoluments The Management Committee received £nil remuneration in the period under review. Taxatlon The Charity is exempt from Corporation Tax. Credltors. amounts falllng duo wfthln one year 2024 2023 Accruals and other creditors
TRUSTEES. ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Community Assoclatlon ("FSCA") Registered Charity Number: 1081464 KING GEORGE'S FIELD (FULMER) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont) Detalled Statement of Flnanclal Actlvltles For The Year End•d 31 March 2024 2024 2023 Gerrards Cross & Fulmer Football Club Fulmer Cricket Club Fulmer Tennis Club Letting Income pavilion and outfield 6,000 6,000 2,000 70 17,487 2,000 720 15.743 Events Donations and Grants 8,170 26,701 11,672 83,208 60,428 119,343 Establlshment Costs Rates South Bucks County Council Water Rates Light and Heat Repairs to propety Car parks Maintenance Professional fees Cleaning 134 256 912 2,231 57,819 4,241 7,302 276 2,848 19,721 8,861 7,643 2,153 2,723 74,792 42,328 Admlnlstratlve Expenses Administrats'on fees Insurance Licences TV Licence Event expenses Sundry expenses 15,711 1,093 481 159 10,479 755 13,468 2,202 110 159 12,133 554 28,678 28,626 10
TRUSTEES. ANNUAL REPORT & ACCOUNTS FOR THE PERIOD 1 APRIL 2023 to 31 MARCH 2024 KING GEORGE'S FIELD (FULMER) Also known as Fulmer Sports and Communlty Assoclatlon ("FSCA") Registered Charity Number: 1081464 KING GEORGE'S FIELD (FULMER) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont) Reconclllatlon of Movements In Reserves Unrnstrlcted Restrlcted Opening Reserves at 1 April 2023 Net Incomin(OUtgolng) for the period 66,496 (42,687) Closing reserves at 31 March 2024 23,809 Funds There are no restricted funds or any endowment fvnds within the Charity. The accounts as presented all represent unrestricted fvnds. Assets retalned for the Charlty's own use The Charlty's main assets, whlch are recorded in the fixed assets register, are as follows. Land, reglstered In the name of Fulmer Parish Council Pavilion building Artificial surface tennis courts and accessories Chairs, tables, and other pavilion contents Storage Gontainers and shelving Mowers and machinery