2023-03-31-accounts - King George's Field, Hitchin

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King George V Charitable Trust

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st March 2023

Notes INCOMING RESOURCES Contribution from North Herts District Council Rents Income Total Incoming Resources: RESOURCES EXPENDED 1 Charitable Activities Total Resources Expended: Net Incoming Resources for the year before Transfers. Gains/(losses) on revaluation of fixed assets NET MOVEMENT IN FUNDS Total Funds B/Fwd FUNDS CARRIED FORWARD:-	£ 29,774 100 29,874 29,874 29,874 - - - - Unrestricted funds	£ - - - 5,017 5,017 -5,017 - -5,017 95,331 90,314 Restricted funds	£ - - - - - - - - - Endowment funds	29,774 100 29,874 34,891 34,891 -5,017 - -5,017 95,331 90,314 Total Funds 2023	28,711 100 Total Funds 2022
					28,811 34,046
					34,046
					-5,235 - 137 -5,372 100,703 95,331

King George V Charitable Trust

Balance Sheet as at 31st March 2023

Notes Fixed Assets 2 Equipment Current Assets Debtors Current Liabilities Creditors Assets less Current Liabilities Reserves 3 Restricted Funds Unrestricted Funds Total Funds:- Land & Buildings	2023 £ 59,537 30,777 90,314 - - 90,314 90,314 - 90,314	2022 £ 61,341 33,990
		95,331 - 0 95,331
		95,331 - 95,331

King George V Charitable Trust

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

1 RESOURCES EXPENDED Repairs and Maintenance Management Fees Depreciation 2 TANGIBLE FIXED ASSETS *Land & Buildings* Carrying Value b/fwd at 1st April 2022 Impairments Depreciation Charge for Year Net Book Value at 31st March 2023	2023 £ 25,074 4,800 5,017 34,891 2023 £ *Total* 61,341 0 -1,804 59,537	2022 £ 24,011 4,800 5,235 34,046 *Land & Buildings* Pavilion 0 61,341 0 0 0 0 0 0 0 -1,804 0 0 Public Convenience Bungalow & Garage Playing Fields (Land)
		- 59,537- -

*Equipment* Carrying Value b/fwd at 1st April 2022 Additions/Replacement Depreciation Charge for Year Net Book Value at 31st March 2023	*Total* 33,990 -3,213 30,777	*Equipment* Play Area 9,128 24,862 -1,141 -2,072 Wheeled Sports Area
		7,987 22,790

FUNDS Balance at Start of the Year Impairments Revaluation Additions Depreciation of Fixed Assets Net Movement in Funds Reserves at the end of the Year.	Restricted General Funds Unrestricted Total £ £ £ 95,331 - 95,331
	0 - 0 0 0 0 0 -5,017- -5,017
	-5,017- -5,017 90,314- 90,314

3 FUNDS

Cost Summaton Point

Management Fees

Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Rents Income

Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Depreciation Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance

Cost Summaton Point Subjectve Code Descripton B5 Rent & Rates Premises Leasing Costs B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Fences and Hedges B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Grounds Maintenance B1 Repairs & Maintenance Grounds Maintenance I5 Rents Income Land

Grounds Maintenance Grounds Maintenance Grounds Maintenance Grounds Maintenance Grounds Maintenance Depreciation Fences and Hedges Fences and Hedges Fences and Hedges General maintenance

B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance H Capital Financing B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance

GLCODE	SOURCE	PERIOD	JVREF	GL VALUE	JVTYPE
14314552340	PL	222301	0070024114	4,800.00	AP01
14314552015	PL	222301	0070024142	1,647.10	AP01
14314552015	PL	222303	0070024600	1,647.10	AP01
14314552015	PL	222303	0070024823	1,647.10	AP01
14314552016	PL	222303	0070024859	400.00	AP01
14314552015	PL	222304	0070025200	1,647.10	AP01
14314552015	PL	222305	0070025740	1,647.10	AP01
14314552015	PL	222307	0070026205	1,647.12	AP01
14314552015	PL	222307	0070026603	1,647.10	AP01
14314559510	SL	222307	0002035517	-100.00	SL11
14314552015	PL	222308	0070026975	1,647.10	AP01
14314552015	PL	222309	0070027405	1,647.10	AP01
14314552015	PL	222310	0070027773	1,647.10	AP01
14314552015	PL	222311	0070028125	1,647.10	AP01
14314552015	PL	222312	0070028649	1,647.13	AP01
14314558254	00	222312	0000034203	5,017.02	OLD1
14310022016	PL	222307	0070026470	65.00	AP01
14310002016	PL	222308	0070026856	778.00	AP01
14310022016	PL	222311	0070028255	167.48	AP01
14310002010	PL	222302	0070024252	3,898.25	AP01

DESCR	TRX_REF_0COMPANY_ID	TRX_REF_2
Management Payment as per lease dated	002422197000001	H2206
Annual Order	002422028000001	87565
Annual Order	002422028000001	87879
Annual Order	002422028000001	88720
King George V, Old Hale Way, Hitchin.	002421360000001	7888
Annual Order	002422028000001	89487
Annual Order	002422028000001	90399
Annual Order	002422028000001	91108
Annual Order	002422028000001	91890
GROUND RENT	000001 000001	0000023314
Annual Order	002422028000001	92670
Annual Order	002422028000001	93683
Annual Order	002422028000001	94147
Annual Order	002422028000001	95072
Annual Order	002422028000001	95846
Capital Depreciaton	D Fury 000001	SMOHAMMED
KGV Store, Hitchin.	002422928000001	PCS3043
For works to overseed pitch 3 at KGV.	002422562000001	H2245
Repair knee rail at KGV car park	002423750000001	95320
King George V Bungalow	002421659000001	SI-585

		4421 GVAS
		Asset
roystonthe	Asset Class	Number	Ledger Code	O
Ledger Sub-Code (8100-001-????)
GENERAL FUND (ledger code 8100-)*
OLD HALE WAY (King George V) Pavilion	Operational	3906	1431-000
OLD HALE WAY (King George V) Public Convenience	Operational	4012	1431-000
OLD HALE WAY (King George V) Bungalow & Garage	Operational	4911	1431-000
OLD HALE WAY (King George V) Playing Fields - LAND ONLY	Operational	4913	1431-000
King Georges MUGA	AuC
King Georges MUGA	Equipment		1431-000
King George V play	Equipment		1431-000
King George V Skate Park	Equipment		1431-000
King George V Play Area	Equipment		1431-000
King George V Wheeled Sports	Equipment
Renovate King George V Play	Equipment

					TRANSFER
					TO
			EXPENDITU		ANOTHER
	Prior Year	Reclassificat	RE FROM 5		FUND (re
OPENING BAL	Adjustments	ion of assets	CODES	DISPOSALS	01/02)
		0774	0789	0776	0772

0.00 61,341.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9,128.47 24,861.72

				IMPAIRMEN
			IMPAIRMEN	T
TRANSFER			T	CHARGED	IMPAIRMEN
TO			CHARGED	TO	T (SPLIT
ANOTHER	WRITE OFF		TO	REVALUATI	BETWEEN	Write off
FUND (re	TO		REVENUE	ON	0775 AND	Cumm		DEPRECIAT
02/03)	REVENUE	WRITE OFF	ACCOUNT	RESERVE	0782)	Depreciation		ION
0772	0772	0783	0775	0782		0773		0784
						W, Change
						formula to
						pick up AZ
			0.00	0.00	0.00		0.00	0.00
			0.00	0.00	0.00		0.00	-1,804.15
			0.00	0.00	0.00		0.00	0.00
			0.00	0.00	0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	-1,141.06
					0.00		0.00	-2,071.81

0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0 59,537 0 0 0 0 0 0 0 7,987 22,790		10257.54 45856.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	10257.54 45856.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	-10257.54 -7490.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	-10257.54 -8653.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	50 50 50 50 50 50 10 10 10 10 10 10 0

DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT
ION	ION	ION	ION	ION	ION	ION	ION	ION	ION
Life	Life	Life	Life	Life	Life	Life	Life	Life	Life
2011-12	2012-13	2013-14	2014-15	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21

50	50
50	50
50	50
10	10
10	10
10	10
10	10

DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT ION ION ION ION ION ION ION ION ION ION

Years	Years	Years	Years	Years	Years	Years	Years	Years	Years
remaining 2007-08	remaining 2010-11	remaining 2011-12	remaining 2012-13	remaining 2013-14	remaining 2014-15	remaining 2015-16	remaining 2016-17	remaining 2017-18	remaining 2018-19
END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF
YEAR	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to
	formula in	formula in	formula in	formula in	formula in	formula in	formula in	formula in	formula in
	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6
47	44	43	42	41	40	39	38	37	36
47	44	43	42	41	40	39	38	37	36
47	44	43	42	41	40	39	38	37	36
10	7	6	5	4	3	2	1	0
7	4	3	2	1	0
8	5	4	3	2	1	0
	9	8	7	6	5	4	3	2	1
				15	14	13	12	11	10
									15

			Current Year	Current Year	Current Year
DEPRECIAT	DEPRECIAT	DEPRECIAT	Total	Revaluation	Historic
ION	ION	ION	Depreciation	Depreciation	Depreciation	Valuation	Valuation	Valuation	Valuation
Years	Years	Years
remaining 2019-20	remaining 2020-21	remaining 2021-22				2,022	2,021	2,020	2,019
END OF	END OF	END OF
YEAR formula to	YEAR formula to	YEAR formula to
formula in	formula in	formula in
cell af6	cell af6	cell af6
35	34	33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
35	34	33	-1,804.15	-1,162.59	-641.56	63,200.00	63,200.00	65,200.00	71,000.00
35	34	33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
					0.00	0.00	0.00	0.00	0.00
						0.00	0.00	0.00	0.00
					0.00	0.00	0.00	0.00	0.00
					0.00	15,841.50	15,841.50	15,841.50	15,841.50
					0.00	44,512.70	44,512.70	44,512.70	44,512.70
0					0.00	0.00	0.00	0.00	0.00
9	8	7	-1,141.06	0.00	-1,141.06	0.00	0.00	0.00	0.00
14	13	12	-2,071.81	0.00	-2,071.81	0.00	0.00	0.00	0.00

Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation
									2007 (less
									2007-08
2,018	2,017	2,016	2,015	2,014	2013	2012	2,011	2,010	Disposals)
0	0	0	0	331,000	331,000	331,000	331,000.00	730,600	565,742
71,000	71,000	56,000	56,000	56,000	56,000	56,000	0.00
0	0	0	0	171,000	171,000	171,000	0.00
0	0	117,000	117,000	117,000	117,000	117,000	0.00
0	0	0	0	0	0	0	0.00	0	8,894
0.00	0	0	0	0	0	0	0.00	0	0
15,841.50	15,842	15,842	15,842	15,842	15,842	15,842	15,841.50	15,842	15,842
44,512.70	44,513	44,513	44,513	44,513	44,513	44,513	44,512.70	44,513	44,513
0.00	0	0	0	0	0	0	0.00	0	59,370
0.00	0	0	0

				Asset
				Register
		Asset		sheet ( WP
		Register	Additional	A1 Asset
		Value (see	Values Plant	Register &	Valuers		Impairment	Cumm
		Fixed Assets	& Equipment	Revaluations	comments		(Downward	(True)
New PurchaseComments		WP6)	Purchases	)	on Life	check total	Revaluarion)	Impairment
				refers to
				Asset Type
2012/13	spreadsheet			on WP A1)
	asset register group
	recreation gr	730,600	0	Recreation gr		0.00	-188,700
	finished and
	asset
	operational. p j						0
	finished and
	asset
	operational.		0			0.00	0
			15,842			0.00	0
			44,513			0.00	0
			0			0.00	0

Sold/ Cumm disposed Depreciation Assets Cumulative Cumulative & Years Depreciation Depreciation Depreciation Impairment Depreciated Comments post 2004/05

Prior Years incl 22/23 incl 22/23 incl 08/09

						Useful	life
						less	1
-70,253	-70,253	-258,953	4.81	471,647			43
-9,327	-11,131	-11,131
0	0	0
0	0	0
0	0	0		0
-126,448	-126,448	-126,448	#DIV/0!	-126,448			6
-15,841	-15,841	-15,841	10.00	0	ROTOPRESS		3
-46,163	-46,163	-46,163	10.37	-1,650			4
-88,616	-88,616	-88,616	#DIV/0!	-88,616			8
-10,433	-11,574	-11,574
-6,142	-8,214	-8,214

				Increased	Increased in
				Valuations	Year
			Gross to Net	@1/4/2006	valuations
one year
less than
estimated
0.00	0		660,347.70	164,858
0.00			-126,448.42
0.00		#REF!	0.45
0.00
0.00		#REF!	-88,615.58

Revaluation Dates	Historical
change years for revaluation 2008/09 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 Total
512000 512,000 56,000 171,000 117,000 0 0 0 0	0 -218,600 0 15,842 44,513 0

Revaluation Reserve Pre-2007/08 Balance Revaluation Reserve CummTotal and out of revaluation reserve	Revaluation Reserve Pre-2007/08 Balance Revaluation Reserve CummTotal and out of revaluation reserve	YEAR END Cumm Total Incl Disposal in year	pdate formul	a Check Total to reval reserve	cumm revaluation total		Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)	Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)	Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)
0 0 0 0 0	#REF! 0 #REF! #REF! #REF!	#REF! 0 #REF! #REF! #REF!	#REF! CORRECT #REF! #REF! #REF!	#REF! #REF! 0.00 0.00 0.00 #REF! 0.00 #REF! 0.00 #REF!			0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |query| |excluding disposal journals (gains and losses) and capital expenditure write on/off)|Account RR|depreciation|Reserve|disposal|impairment|Capital|depreciation|account| |bal(9210?|(8100077|(9402?????|(845000007|(????|Adjustment|(8100078|depreciation| |??)|3)|?)|76)|8259)|Account|4)|(1**8254)| |0.00|0.00|#REF!|0.00|#REF!|#REF!|0.00|0.00| |0.00|0.00|0.00|0.00|0.00|0|0.00|0.00| |0.00|0.00|0.00|0.00|0.00|0|0.00|0.00 NEW| |0.00|0.00|#REF!|0.00|#REF!|#REF!|0.00|0.00| |0.00|0.00|#REF!|0.00|#REF!|#REF!|0.00|0.00| |0.00|0.00|#REF!|0.00|#REF!|#REF!|0.00|0.00| |administrator| |:| |9401011 land &| |buildings|

----- End of picture text -----

King George V Charitable Trust

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st March 2023

Notes INCOMING RESOURCES Contribution from North Herts District Council Rents Income Total Incoming Resources: RESOURCES EXPENDED 1 Charitable Activities Total Resources Expended: Net Incoming Resources for the year before Transfers. Gains/(losses) on revaluation of fixed assets NET MOVEMENT IN FUNDS Total Funds B/Fwd FUNDS CARRIED FORWARD:-	£ 29,774 100 29,874 29,874 29,874 - - - - Unrestricted funds	£ - - - 5,017 5,017 -5,017 - -5,017 95,331 90,314 Restricted funds	£ - - - - - - - - - Endowment funds	29,774 100 29,874 34,891 34,891 -5,017 - -5,017 95,331 90,314 Total Funds 2023	28,711 100 Total Funds 2022
					28,811 34,046
					34,046
					-5,235 - 137 -5,372 100,703 95,331

King George V Charitable Trust

Balance Sheet as at 31st March 2023

Notes Fixed Assets 2 Equipment Current Assets Debtors Current Liabilities Creditors Assets less Current Liabilities Reserves 3 Restricted Funds Unrestricted Funds Total Funds:- Land & Buildings	2023 £ 59,537 30,777 90,314 - - 90,314 90,314 - 90,314	2022 £ 61,341 33,990
		95,331 - 0 95,331
		95,331 - 95,331

King George V Charitable Trust

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

1 RESOURCES EXPENDED Repairs and Maintenance Management Fees Depreciation 2 TANGIBLE FIXED ASSETS *Land & Buildings* Carrying Value b/fwd at 1st April 2022 Impairments Depreciation Charge for Year Net Book Value at 31st March 2023	2023 £ 25,074 4,800 5,017 34,891 2023 £ *Total* 61,341 0 -1,804 59,537	2022 £ 24,011 4,800 5,235 34,046 *Land & Buildings* Pavilion 0 61,341 0 0 0 0 0 0 0 -1,804 0 0 Public Convenience Bungalow & Garage Playing Fields (Land)
		- 59,537- -

*Equipment* Carrying Value b/fwd at 1st April 2022 Additions/Replacement Depreciation Charge for Year Net Book Value at 31st March 2023	*Total* 33,990 -3,213 30,777	*Equipment* Play Area 9,128 24,862 -1,141 -2,072 Wheeled Sports Area
		7,987 22,790

FUNDS Balance at Start of the Year Impairments Revaluation Additions Depreciation of Fixed Assets Net Movement in Funds Reserves at the end of the Year.	Restricted General Funds Unrestricted Total £ £ £ 95,331 - 95,331
	0 - 0 0 0 0 0 -5,017- -5,017
	-5,017- -5,017 90,314- 90,314

3 FUNDS

Cost Summaton Point

Management Fees

Grounds Maintenance Grounds Maintenance Grounds Maintenance Grounds Maintenance Grounds Maintenance Depreciation Fences and Hedges Fences and Hedges Fences and Hedges General maintenance

B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance H Capital Financing B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance

GLCODE	SOURCE	PERIOD	JVREF	GL VALUE	JVTYPE
14314552340	PL	222301	0070024114	4,800.00	AP01
14314552015	PL	222301	0070024142	1,647.10	AP01
14314552015	PL	222303	0070024600	1,647.10	AP01
14314552015	PL	222303	0070024823	1,647.10	AP01
14314552016	PL	222303	0070024859	400.00	AP01
14314552015	PL	222304	0070025200	1,647.10	AP01
14314552015	PL	222305	0070025740	1,647.10	AP01
14314552015	PL	222307	0070026205	1,647.12	AP01
14314552015	PL	222307	0070026603	1,647.10	AP01
14314559510	SL	222307	0002035517	-100.00	SL11
14314552015	PL	222308	0070026975	1,647.10	AP01
14314552015	PL	222309	0070027405	1,647.10	AP01
14314552015	PL	222310	0070027773	1,647.10	AP01
14314552015	PL	222311	0070028125	1,647.10	AP01
14314552015	PL	222312	0070028649	1,647.13	AP01
14314558254	00	222312	0000034203	5,017.02	OLD1
14310022016	PL	222307	0070026470	65.00	AP01
14310002016	PL	222308	0070026856	778.00	AP01
14310022016	PL	222311	0070028255	167.48	AP01
14310002010	PL	222302	0070024252	3,898.25	AP01

DESCR	TRX_REF_0COMPANY_ID	TRX_REF_2
Management Payment as per lease dated	002422197000001	H2206
Annual Order	002422028000001	87565
Annual Order	002422028000001	87879
Annual Order	002422028000001	88720
King George V, Old Hale Way, Hitchin.	002421360000001	7888
Annual Order	002422028000001	89487
Annual Order	002422028000001	90399
Annual Order	002422028000001	91108
Annual Order	002422028000001	91890
GROUND RENT	000001 000001	0000023314
Annual Order	002422028000001	92670
Annual Order	002422028000001	93683
Annual Order	002422028000001	94147
Annual Order	002422028000001	95072
Annual Order	002422028000001	95846
Capital Depreciaton	D Fury 000001	SMOHAMMED
KGV Store, Hitchin.	002422928000001	PCS3043
For works to overseed pitch 3 at KGV.	002422562000001	H2245
Repair knee rail at KGV car park	002423750000001	95320
King George V Bungalow	002421659000001	SI-585

		4421 GVAS
		Asset
roystonthe	Asset Class	Number	Ledger Code	O
Ledger Sub-Code (8100-001-????)
GENERAL FUND (ledger code 8100-)*
OLD HALE WAY (King George V) Pavilion	Operational	3906	1431-000
OLD HALE WAY (King George V) Public Convenience	Operational	4012	1431-000
OLD HALE WAY (King George V) Bungalow & Garage	Operational	4911	1431-000
OLD HALE WAY (King George V) Playing Fields - LAND ONLY	Operational	4913	1431-000
King Georges MUGA	AuC
King Georges MUGA	Equipment		1431-000
King George V play	Equipment		1431-000
King George V Skate Park	Equipment		1431-000
King George V Play Area	Equipment		1431-000
King George V Wheeled Sports	Equipment
Renovate King George V Play	Equipment

					TRANSFER
					TO
			EXPENDITU		ANOTHER
	Prior Year	Reclassificat	RE FROM 5		FUND (re
OPENING BAL	Adjustments	ion of assets	CODES	DISPOSALS	01/02)
		0774	0789	0776	0772

0.00 61,341.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9,128.47 24,861.72

				IMPAIRMEN
			IMPAIRMEN	T
TRANSFER			T	CHARGED	IMPAIRMEN
TO			CHARGED	TO	T (SPLIT
ANOTHER	WRITE OFF		TO	REVALUATI	BETWEEN	Write off
FUND (re	TO		REVENUE	ON	0775 AND	Cumm		DEPRECIAT
02/03)	REVENUE	WRITE OFF	ACCOUNT	RESERVE	0782)	Depreciation		ION
0772	0772	0783	0775	0782		0773		0784
						W, Change
						formula to
						pick up AZ
			0.00	0.00	0.00		0.00	0.00
			0.00	0.00	0.00		0.00	-1,804.15
			0.00	0.00	0.00		0.00	0.00
			0.00	0.00	0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	0.00
					0.00		0.00	-1,141.06
					0.00		0.00	-2,071.81

0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION	0782 Life Life 2007-08 2008-09 REVALUATI ON YEAR END CARRYING VALUE TOTAL CUMULATI VE REVALUATI ON 1st April 2022 TOTAL CUMULATI VE REVALUATI ON 31st March 2023 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 1st April 2022 TOTAL CUMULATI VE REVALUATI ON DEPRECIAT ION 31st March 2023 DEPRECIAT ION DEPRECIAT ION

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0 59,537 0 0 0 0 0 0 0 7,987 22,790		10257.54 45856.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	10257.54 45856.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	-10257.54 -7490.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	-10257.54 -8653.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	50 50 50 50 50 50 10 10 10 10 10 10 0

DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT	DEPRECIAT
ION	ION	ION	ION	ION	ION	ION	ION	ION	ION
Life	Life	Life	Life	Life	Life	Life	Life	Life	Life
2011-12	2012-13	2013-14	2014-15	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21

50	50
50	50
50	50
10	10
10	10
10	10
10	10

DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT DEPRECIAT ION ION ION ION ION ION ION ION ION ION

Years	Years	Years	Years	Years	Years	Years	Years	Years	Years
remaining 2007-08	remaining 2010-11	remaining 2011-12	remaining 2012-13	remaining 2013-14	remaining 2014-15	remaining 2015-16	remaining 2016-17	remaining 2017-18	remaining 2018-19
END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF	END OF
YEAR	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to	YEAR formula to
	formula in	formula in	formula in	formula in	formula in	formula in	formula in	formula in	formula in
	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6	cell af6
47	44	43	42	41	40	39	38	37	36
47	44	43	42	41	40	39	38	37	36
47	44	43	42	41	40	39	38	37	36
10	7	6	5	4	3	2	1	0
7	4	3	2	1	0
8	5	4	3	2	1	0
	9	8	7	6	5	4	3	2	1
				15	14	13	12	11	10
									15

			Current Year	Current Year	Current Year
DEPRECIAT	DEPRECIAT	DEPRECIAT	Total	Revaluation	Historic
ION	ION	ION	Depreciation	Depreciation	Depreciation	Valuation	Valuation	Valuation	Valuation
Years	Years	Years
remaining 2019-20	remaining 2020-21	remaining 2021-22				2,022	2,021	2,020	2,019
END OF	END OF	END OF
YEAR formula to	YEAR formula to	YEAR formula to
formula in	formula in	formula in
cell af6	cell af6	cell af6
35	34	33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
35	34	33	-1,804.15	-1,162.59	-641.56	63,200.00	63,200.00	65,200.00	71,000.00
35	34	33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
					0.00	0.00	0.00	0.00	0.00
						0.00	0.00	0.00	0.00
					0.00	0.00	0.00	0.00	0.00
					0.00	15,841.50	15,841.50	15,841.50	15,841.50
					0.00	44,512.70	44,512.70	44,512.70	44,512.70
0					0.00	0.00	0.00	0.00	0.00
9	8	7	-1,141.06	0.00	-1,141.06	0.00	0.00	0.00	0.00
14	13	12	-2,071.81	0.00	-2,071.81	0.00	0.00	0.00	0.00

Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation	Valuation
									2007 (less
									2007-08
2,018	2,017	2,016	2,015	2,014	2013	2012	2,011	2,010	Disposals)
0	0	0	0	331,000	331,000	331,000	331,000.00	730,600	565,742
71,000	71,000	56,000	56,000	56,000	56,000	56,000	0.00
0	0	0	0	171,000	171,000	171,000	0.00
0	0	117,000	117,000	117,000	117,000	117,000	0.00
0	0	0	0	0	0	0	0.00	0	8,894
0.00	0	0	0	0	0	0	0.00	0	0
15,841.50	15,842	15,842	15,842	15,842	15,842	15,842	15,841.50	15,842	15,842
44,512.70	44,513	44,513	44,513	44,513	44,513	44,513	44,512.70	44,513	44,513
0.00	0	0	0	0	0	0	0.00	0	59,370
0.00	0	0	0

				Asset
				Register
		Asset		sheet ( WP
		Register	Additional	A1 Asset
		Value (see	Values Plant	Register &	Valuers		Impairment	Cumm
		Fixed Assets	& Equipment	Revaluations	comments		(Downward	(True)
New PurchaseComments		WP6)	Purchases	)	on Life	check total	Revaluarion)	Impairment
				refers to
				Asset Type
2012/13	spreadsheet			on WP A1)
	asset register group
	recreation gr	730,600	0	Recreation gr		0.00	-188,700
	finished and
	asset
	operational. p j						0
	finished and
	asset
	operational.		0			0.00	0
			15,842			0.00	0
			44,513			0.00	0
			0			0.00	0

Sold/ Cumm disposed Depreciation Assets Cumulative Cumulative & Years Depreciation Depreciation Depreciation Impairment Depreciated Comments post 2004/05

Prior Years incl 22/23 incl 22/23 incl 08/09

						Useful	life
						less	1
-70,253	-70,253	-258,953	4.81	471,647			43
-9,327	-11,131	-11,131
0	0	0
0	0	0
0	0	0		0
-126,448	-126,448	-126,448	#DIV/0!	-126,448			6
-15,841	-15,841	-15,841	10.00	0	ROTOPRESS		3
-46,163	-46,163	-46,163	10.37	-1,650			4
-88,616	-88,616	-88,616	#DIV/0!	-88,616			8
-10,433	-11,574	-11,574
-6,142	-8,214	-8,214

				Increased	Increased in
				Valuations	Year
			Gross to Net	@1/4/2006	valuations
one year
less than
estimated
0.00	0		660,347.70	164,858
0.00			-126,448.42
0.00		#REF!	0.45
0.00
0.00		#REF!	-88,615.58

Revaluation Dates	Historical
change years for revaluation 2008/09 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 Total
512000 512,000 56,000 171,000 117,000 0 0 0 0	0 -218,600 0 15,842 44,513 0

Revaluation Reserve Pre-2007/08 Balance Revaluation Reserve CummTotal and out of revaluation reserve	Revaluation Reserve Pre-2007/08 Balance Revaluation Reserve CummTotal and out of revaluation reserve	YEAR END Cumm Total Incl Disposal in year	pdate formul	a Check Total to reval reserve	cumm revaluation total		Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)	Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)	Journals required (e 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 revaluation (8100078 2) Fixed Assets(8100 0776) Adjust Account(921 0***0776)
0 0 0 0 0	#REF! 0 #REF! #REF! #REF!	#REF! 0 #REF! #REF! #REF!	#REF! CORRECT #REF! #REF! #REF!	#REF! #REF! 0.00 0.00 0.00 #REF! 0.00 #REF! 0.00 #REF!			0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00

----- End of picture text -----

Independent Examiner’s Report for the King George V Playing Fields Trust

I report on the accounts of The King George V Playing Fields Trust for 2022/23.

Basis of independent examiner’s report

The Trusts transactions run through North Herts Councils bank accounts. My examination includes a review of the accounts prepared, considering any unusual items or disclosures in the accounts, and seeking explanations concerning any matters arising. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

I have obtained all the information and explanations I consider necessary to complete the statement below. Further, I have not identified any significant concerns regarding these accounts which remain either unresolved or undeclared in the accounts themselves or this report.

I certify that the accompanying final accounts (summary income and expenditure account and balance sheet) present an accurate picture of the activities and transactions undertaken through this account and of the financial position at the end of the year.

Examiner’s / Auditor’s signature

Date: 04 January 2024

Name (please print): Chris Wood - FCCA CMIIA – HCC Head of Assurance and CAE for North Herts Council