King George V Charitable Trust
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st March 2024
| 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:- |
£ 28,957 100 29,057 29,057 29,057 - - - - Unrestricted funds |
£ - - - 4,844 4,844 -4,844 - -4,844 90,314 85,470 Restricted funds |
£ - - - - - - - - - Endowment funds |
28,957 100 Total Funds 2024 |
|---|---|---|---|---|
| 29,057 33,901 |
||||
| 33,901 | ||||
| -4,844 - -4,844 90,314 85,470 |
Total Funds 2023
29,774 100 29,874
34,891 34,891
-5,017
-5,017 95,331
90,314
King George V Charitable Trust
Balance Sheet as at 31st March 2024
| 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 |
2024 £ 57,733 27,737 85,470 - - 85,470 85,470 - 85,470 |
2023 £ 59,537 30,777 |
|---|---|---|
| 90,314 - 0 90,314 |
||
| 90,314 - 90,314 |
King George V Charitable Trust
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024
| 1 RESOURCES EXPENDED Repairs and Maintenance Management Fees Depreciation 2 TANGIBLE FIXED ASSETS Land & Buildings Carrying Value b/fwd at 1st April 2023 Impairments Depreciation Charge for Year Net Book Value at 31st March 2024 |
2024 £ 24,257 4,800 4,844 33,901 2024 £ Total 59,537 0 -1,804 57,733 |
2023 £ 25,074 4,800 5,017 34,891 Land & Buildings Pavilion 0 59,537 0 0 0 0 0 -1,804 0 Public Convenience Bungalow & Garage |
|---|---|---|
| - 57,733- |
| Equipment Carrying Value b/fwd at 1st April 2023 Additions/Replacement Depreciation Charge for Year Net Book Value at 31st March 2024 |
Total 30,777 -3,040 27,737 |
Equipment Play Area 7,987 22,790 -1,141 -1,899 Wheeled Sports Area |
|---|---|---|
| 6,846 20,891 |
| 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 £ £ £ 90,314 - 90,314 |
|---|---|
| 0 - 0 0 0 0 0 -4,844- -4,844 |
|
| -4,844- -4,844 85,470- 85,470 |
3 FUNDS
Playing Fields (Land) 0 0 0 -
Cost Summation Point
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 Management Fees Repairs and Maintenance Repairs and Maintenance Depreciation Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance Repairs and Maintenance
Cost Summation Point
B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance I5 Rents Income B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B5 Rent & Rates B1 Repairs & Maintenance B1 Repairs & Maintenance H Capital Financing B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance B1 Repairs & Maintenance
| Subjective Code Description | GLCODE | SOURCE | PERIOD | JVREF |
|---|---|---|---|---|
| Grounds Maintenance | 14314552015 | PL | 232402 | 0070029209 |
| Grounds Maintenance | 14314552015 | PL | 232403 | 0070029866 |
| Grounds Maintenance | 14314552015 | PL | 232403 | 0070029785 |
| Grounds Maintenance | 14314552015 | PL | 232404 | 0070030339 |
| Grounds Maintenance | 14314552015 | PL | 232405 | 0070030749 |
| Grounds Maintenance | 14314552015 | PL | 232406 | 0070031220 |
| Grounds Maintenance | 14314552015 | PL | 232407 | 0070031602 |
| Land | 14314559510 | SL | 232407 | 0002099606 |
| Grounds Maintenance | 14314552015 | PL | 232408 | 0070032013 |
| Grounds Maintenance | 14314552015 | PL | 232410 | 0070032481 |
| Grounds Maintenance | 14314552015 | PL | 232410 | 0070032815 |
| Premises Leasing Costs | 14314552340 | PL | 232410 | 0070032950 |
| Grounds Maintenance | 14314552015 | PL | 232411 | 0070033308 |
| Fences and Hedges | 14314552016 | PL | 232412 | 0070033721 |
| Depreciation | 14314558254 | 00 | 232412 | 0000035283 |
| Grounds Maintenance | 14314552015 | PL | 232412 | 0070033601 |
| Fences and Hedges | 14310022016 | PL | 232401 | 0070028954 |
| Fences and Hedges | 14310022016 | PL | 232401 | 0070028954 |
| Fences and Hedges | 14310002016 | PL | 232402 | 0070029470 |
| General maintenance | 14310002010 | 00 | 232403 | 0000034407 |
| Fences and Hedges | 14310022016 | PL | 232404 | 0070030288 |
| Fences and Hedges | 14310002016 | PL | 232404 | 0070030288 |
| Fences and Hedges | 14310022016 | PL | 232404 | 0070030288 |
| Fences and Hedges | 14310022016 | PL | 232405 | 0070030809 |
| Playground Equipment | 14310002025 | PL | 232405 | 0070030809 |
| Fences and Hedges | 14310022016 | PL | 232406 | 0070031248 |
| Fences and Hedges | 14310002016 | PL | 232406 | 0070031248 |
| Fences and Hedges | 14310022016 | PL | 232408 | 0070031671 |
| Fences and Hedges | 14310002016 | PL | 232411 | 0070033307 |
| Fences and Hedges | 14310022016 | PL | 232411 | 0070033307 |
| Fences and Hedges | 14310022016 | PL | 232412 | 0070033876 |
| Fences and Hedges | 14310022016 | PL | 232412 | 0070033878 |
| Fences and Hedges | 14314552016 | PL | 232412 | 0070033721 |
| GL VALUE | JVTYPE | DESCR | TRX_REF_0 |
|---|---|---|---|
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| -100.00 | SL11 | GROUND RENT | 000001 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 4,800.00 | AP01 | Management Payment as per lease dated | 002426344 |
| 1,647.10 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 380.67 | AP01 | Asked to clear and tidy up KGV lock up | 002426460 |
| 4,844.37 | OLD1 | Capital Depreciation | D Fury |
| 1,647.15 | AP01 | Annual Order as per contact 2023 - 24 | 002424377 |
| 47.22 | AP01 | KGV - Removal and disposal of old post | 002424118 |
| 36.82 | AP01 | KGV - Removal of fallen tree across | 002424128 |
| 641.55 | AP01 | KGV, Hitchin - Marking of Rugby League | 002424495 |
| 30.00 | JNL1 | 70029748 Fire Safety Servicing KGV | AMILLER |
| 35.28 | AP01 | Clear up smashed glass from KGV | 002424967 |
| 846.34 | AP01 | KGV - Hitchin Rugby Club Grid Markings | 002424973 |
| 78.06 | AP01 | Remove grafti from KGV skate park. | 002424894 |
| 53.79 | AP01 | KGV - Clear lots of glass and | 002425280 |
| 938.80 | AP01 | KGV - Replace Springer Unit | 002425255 |
| 35.28 | AP01 | Cleaning up broken glass from the KGV | 002425442 |
| 30.55 | AP01 | KGV, Hitchin Initial Pitch Mark Mark | 002425347 |
| 17.64 | AP01 | Clear large amount of glass at KGV | 002425633 |
| 450.78 | AP01 | Disposal of paint from KGV Store. | 002426322 |
| 337.80 | AP01 | KGV - Clear fallen tree | 002426360 |
| 94.14 | AP01 | King George’s V - repairs to fencing | 002426042 |
| 55.86 | AP01 | King George’s V - repairs to fencing | 002426042 |
| 380.67 | AP01 | Asked to clear and tidy up KGV lock up | 002426460 |
| COMPANY_ID | TRX_REF_2 |
|---|---|
| 000001 | 96737 |
| 000001 | 98573 |
| 000001 | 97559 |
| 000001 | 99645 |
| 000001 | 100639 |
| 000001 | 101698 |
| 000001 | 102389 |
| 000001 | 0000023314 |
| 000001 | 103410 |
| 000001 | 104555 |
| 000001 | 105202 |
| 000001 | H2329 |
| 000001 | 106009 |
| 000001 | 107023 |
| 000001 | SMOHAMMED |
| 000001 | 106786 |
| 000001 | 96634 |
| 000001 | 96634 |
| 000001 | 97725 |
| 000001 | DFURY |
| 000001 | 99548 |
| 000001 | 99548 |
| 000001 | 99548 |
| 000001 | 100758 |
| 000001 | 100758 |
| 000001 | 101695 |
| 000001 | 101695 |
| 000001 | 102753 |
| 000001 | 106008 |
| 000001 | 106008 |
| 000001 | 08992 |
| 000001 | 08991 |
| 000001 | 107023 |
| 4456 GVAS | |||
|---|---|---|---|
| Churchgate (Hammersmatch) | Asset Class | Asset Number | Ledger Code |
| 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 |
| EXPENDITURE | |||
|---|---|---|---|
| Prior Year | Reclassification | FROM 5 | |
| OPENING BAL | Adjustments | of assets | CODES |
| 0.00 | |||
| 59,537.02 | |||
| 0.00 | |||
| 0.00 | |||
| 0.00 | |||
| 0.00 | |||
| 0.00 | |||
| 0.00 | |||
| 0.00 | |||
| 7,987.41 | |||
| 22,789.91 |
TRANSFER TO TRANSFER TO ANOTHER ANOTHER FUND (re FUND (re WRITE OFF TO DISPOSALS 01/02) 02/03) REVENUE WRITE OFF
| IMPAIRMENT | ||||||
|---|---|---|---|---|---|---|
| IMPAIRMENT | IMPAIRMENT | (SPLIT | ||||
| CHARGED TO | CHARGED TO | BETWEEN | ||||
| REVENUE | REVALUATION | 0775 AND |
Write off Cumm | DEPRECIATIO |
||
| ACCOUNT | RESERVE | 0782) | Depreciation | N | REVALUATION | |
| 0.00 | 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 | 0.00 | |||
| 0.00 | 0.00 | 0.00 | 0.00 | |||
| 0.00 | 0.00 | -1,141.06 | 0.00 | |||
| 0.00 | 0.00 | -1,899.16 | 0.00 |
| TOTAL | ||||||
|---|---|---|---|---|---|---|
| TOTAL | TOTAL | CUMULATIVE | ||||
| TOTAL | CUMULATIVE | CUMULATIVE | REVALUATION | |||
| YEAR END | CUMULATIVE | REVALUATION | REVALUATION |
DEPRECIATIO |
||
| CARRYING | REVALUATION | 31st March | DEPRECIATIO | N 31st March | DEPRECIATIO | DEPRECIATIO |
| VALUE | 1st April 2023 | 2024 | N 1st April 2023 | 2023 | N | N |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 57,733 | 63,200.00 | 63,200.00 | 63,200.00 | 65,200.00 | 71,000.00 | 71,000 |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0 | 15,841.50 | 15,841.50 | 15,841.50 | 15,841.50 | 15,841.50 | 15,841.50 |
| 0 | 44,512.70 | 44,512.70 | 44,512.70 | 44,512.70 | 44,512.70 | 44,512.70 |
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6,846 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 20,891 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO |
|---|---|---|---|---|---|---|---|
| N | N | N | N | N | N | N | N |
| 0 | 0 | 0 | 331,000 | 331,000 | 331,000 | 331,000.00 | 730,600 |
| 71,000 | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 | 0.00 | |
| 0 | 0 | 0 | 171,000 | 171,000 | 171,000 | 0.00 | |
| 0 | 117,000 | 117,000 | 117,000 | 117,000 | 117,000 | 0.00 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 |
| 15,842 | 15,842 | 15,842 | 15,842 | 15,842 | 15,842 | 15,841.50 | 15,842 |
| 44,513 | 44,513 | 44,513 | 44,513 | 44,513 | 44,513 | 44,512.70 | 44,513 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 |
| 0 | 0 | 0 |
| DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO |
|---|---|---|---|---|---|---|---|
| N | N | N | N | N | N | N | N |
| 565,742 | - | - | 660,347.70 | 164,858 | |||
| 2021-22 | 2021-22 | ||||||
| - | - | ||||||
| - | - | ||||||
| 8,894 | - | ||||||
| 0 | - | -126,448.42 | |||||
| 15,842 | - | 0.45 | |||||
| 44,513 | - | ||||||
| 59,370 | - | -88,615.58 | |||||
| - | |||||||
| - |
| DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO | DEPRECIATIO |
|---|---|---|---|---|---|---|---|---|
| N | N | N | N | N | N | N | N | |
| 512000 | 512,000 | |||||||
| 56,000 | ||||||||
| 171,000 | ||||||||
| 117,000 | ||||||||
| 0 | ||||||||
| 0 | ||||||||
| 0 | ||||||||
| 0 |
| Current Year | Current Year | Current Year | ||||||
|---|---|---|---|---|---|---|---|---|
| Total | Revaluation | Historic | ||||||
| Depreciation | Depreciation | Depreciation | Valuation | Valuation | Valuation | Valuation | Valuation | |
| 0 | -218,600 | 0 | #REF! | #REF! | #REF! | #REF! | #REF! | |
| 0 | 0 | 0 | 0 | CORRECT | 0.00 | 0.00 | ||
| 15,842 | 0 | #REF! | #REF! | #REF! | 0.00 | #REF! | ||
| 44,513 | 0 | #REF! | #REF! | #REF! | 0.00 | #REF! | ||
| 0 | 0 | #REF! | #REF! | #REF! | 0.00 | #REF! |
| Valuation | Valuation | Valuation | Valuation | Valuation | Valuation | Valuation | Valuation |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.00 | 0.00 | #REF! | 0.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | #REF! | 0.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | #REF! | 0.00 |
| Asset Register | Additional | Asset Register | ||||||
|---|---|---|---|---|---|---|---|---|
| Value (see | Values Plant & | sheet ( WP A1 | ||||||
| Fixed Assets | Equipment | Asset Register | ||||||
| Valuation | Valuation | New Purchase | Comments | WP6) | Purchases | & Revaluations) | ||
| #REF! | #REF! | 0.00 | 0.00 | |||||
| 0.00 | 0 | 0.00 | 0.00 | |||||
| 0.00 | 0 | 0.00 | 0.00 | NEW | ||||
| #REF! | #REF! | 0.00 | 0.00 | |||||
| #REF! | #REF! | 0.00 | 0.00 | |||||
| #REF! | #REF! | 0.00 | 0.00 |
Valuers Impairment Cumm comments on (Downward Cumm (True) Cumulative Cumulative Depreciation & Years Life check total Revaluarion) Impairment Depreciation Depreciation Impairment Depreciated
Comments
Sold/disposed Assets Depreciation post 2004/05
Most Recent Valuation
Increased Valuations Increased in Gross to Net Ch @1/4/2006 Year valuations
Revaluation Dates
query