**REGISTERED COMPANY NUMBER: 03989550 (England and Wales) REGISTERED CHARITY NUMBER: 1088106** 

**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **FOR ULVERSTON FORD PARK COMMUNITY GROUP** 

J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Notes to the Financial Statements**|10|to|17|
|**Detailed Statement of Financial Activities**|18|to|19|





## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021 

The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). 

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under the Articles of Association. The Group was incorporated on 10 May 2000 and received charitable status in August 2001. The charity registration number is 1088106. The Group is a company limited by the guarantee of its members. The company registration number is 3989550. At 31 March 2021 there were 230 members. 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The principal activities of the Group are: 

1. To promote the benefits of the inhabitants of Ulverston and the Neighbourhood thereof (hereinafter called 'the area of benefit') without distinction of sex, sexual orientation, race or of political religious or other opinions, by providing facilities in the interests of social welfare for recreation and other leisure-time occupation with the object of improving the conditions of life for the said inhabitants. 

2. To preserve for the benefit of the people of Ulverston and of the Nation, the historical, architectural and constructional heritage that may exist within the boundaries of Ford Park, Ulverston, in buildings (including any structure or erection, and any part of a building as so defined) of particular beauty or historical, architectural or constructional interest. 

3. To establish and secure access to Ford Park and Gardens as a community and public amenity and to maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects. 

The Trustees confirm that they have referred to the general guidance on public benefit issued by the Charity Commission when reviewing and planning the charity's aims and objectives. 

## **Public benefit** 

The trustees confirm that they have complied with their duty under section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission and consider that the pursuit of the association's aims through the activities described above is consistent therewith. 

Ulverston Ford Park Community Group exists to manage and maintain the green space of Ford Park and aims to enhance the quality of life for the people of Ulverston and surrounding area, by providing recreational facilities and a wide range of community based projects, activities and events. 

Page 1 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **ACHIEVEMENT AND PERFORMANCE** 

## **A review of our activities in 2020/21** 

Registered charity Ulverston Ford Park Community Group manages 8 acres of beautiful, historic parkland at the heart of Ulverston as a community amenity. In our large Victorian walled area, we provide popular playing fields that are used for many local events, a natural playground area, trails, interpretation, a kitchen garden, greenhouses, a plant nursery and a volunteer centre. 

The charity employs one full time staff member and four part-time staff members (in total 3 full time equivalents). Ford Park is operated as a private company limited by guarantee. It is also a registered Charity and governed by a Board of Trustees. 

The Park's Chief Executive is supported by the trustees and is ultimately responsible for the management of the Park, its staff and volunteers. 

The Coach House@Ford Park, was the trading subsidiary of Ulverston Ford Park Community Group and also a private company limited by guarantee, with its own Board of Directors. From March 23rd, 2020 the Coach House Café and Events business was closed due to the government lockdown caused by the Coronavirus pandemic. 

In May 2020 and due to the unprecedented impact of the pandemic and lockdown, the Board of Directors and the Board of Trustees decided to cease trading and begin the process to liquidate the Coach House@Ford Park. The Coach House Community Enterprise was set up as a company limited by guarantee to operate a café and manage functions. It existed to provide income to support the charitable activities of Ford Park Community Group and the maintenance of Ford Park for the community. 

Trading at a profit had become increasingly more difficult and the pandemic made a sustainable future for the Coach House@Ford Park and a regular income for the charity all but impossible. Looking to the near and medium future the Trustees and Directors projected that the Coach House would not be able to provide a significant and sustainable income stream to support the Ford Park charity. 

Through a combination of sale of all consumable stock. sale of some equipment and chasing outstanding debts. it was possible to pay off all Coach House Debts. Final Accounts were produced in September 2020. The application to strike off the Coach House Community Enterprise from the Companies Register was made in February 2021, the company was dissolved on June 15th, 2021. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Highlights for Ford Park 2020/21 include:** 

The much awaited car park extension took place, effectively doubling the amount of space for park visitors. The spoil from the car park extension will be fashioned into a natural raised stage area for performances. 

We were successful in our application for a grant of £100,000 from the FCC Community Action Fund to re-develop our playground. The grant was match funded with a generous grant provided by CGP Books Ltd. The funding will allow us to replace our existing play area and include toddler friendly and inclusive equipment, something which is absent in our current play area. 

With a grant from the Cumbria Community Foundation, Ford Park Community Group partnered with the Ulverston Self-Isolation Group and a local chef to provide ready meals for vulnerable households who had been adversely affected by Covid-19 for a 12-week period. 

Despite Covid-19, a discreet number of Covid secure outdoor activities provided safe opportunities for the community to enjoy some outdoor entertainment. The Coro used Ford Park to deliver small scale theatre and entertainment each weekend through August and in partnership with Alfresco Flicks, a weekend of Cinema in the Park took place. All  other activities were postponed. 

Page 2 



## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

With the closure of the Coach House Community Enterprise Ltd, the ground floor of the Coach House building was leased to the Base Restaurant. Base Restaurant also took over the management of functions and weddings. The charity is in receipt of regular rent and contributions to utilities costs from Base Restaurant. Income from the hire of the Williams Room (function and meeting room) is now charitable income, not Coach House Community Enterprise Ltd income. This is an important new income stream for the charity. 

## **COVID-19** 

The impact of COVID-19 emerged early 2020 and began to have a significant impact on Ford Park Community Group and the Coach House Community Enterprise Ltd. Trustees, Directors and the Chief Executive put in place various measures to help us through the crisis. In early 2020 trustees and the Chief Executive were mindful of and planning ahead to anticipate the effects of Covid-19 on the Charity for the forthcoming year, including events and volunteering opportunities and community engagement activities. 2020/21 was a very challenging period for the charity. 

The financial year 2020/21 was extremely challenging and the Chief Executive and Trustees worked hard to ensure the continuity of the Charity. Of particular concern was how the funding landscape might change in response to the crisis and negatively impact upon funders who would traditionally support us. The majority of our regular funders continued to generously provide much needed financial support, but many other applications were unsuccessful as funders prioritised Covid-19 response activities. 

The Chief Executive, Trustees and Directors were aware of the potential effect of COVID-19 on the viability of the Coach House. In May 2020, due to the unprecedented impact of the pandemic and lockdown, the Board of Directors and the Board of Trustees decided to cease trading and begin the process to liquidate the Coach House@Ford Park. The Coach House Community Enterprise was set up as a company limited by guarantee to operate a café and manage functions. It existed to provide income to support the activities of the Ford Park Community Group and the maintenance of Ford Park for the community. 

Trading at a profit had become increasingly more difficult and the pandemic made a sustainable future for the Coach House@Ford Park and a regular income for the charity all but impossible. Looking to the near and medium future the Trustees and Directors projected that the Coach House would not be able to provide a significant and sustainable income stream to support the Ford Park charity. 

## **Resilience Actions taken** 

From 24th March we closed the playground and on the 31st March 2020, we cordoned off the Car Park, as per government mandate, to discourage people travelling distance to the Park. The car park and playground re-opened when the Government restrictions allowed. We continued to keep the Park open for the community for exercise and fresh air, whilst asking everyone to avoid social gatherings and maintain social distancing. Individuals and local organisations have applauded Ford Park for remaining open and continuing to provide a much needed haven and outdoor, green space used by families for their mental and physical health and well-being. 

Staff were furloughed as appropriate and only the Chief Executive and the Gardener remained working through to mid-July. The Park Ranger was only brought in to take care of essential health and safety related tasks. The recruitment for maternity cover for the Marketing and Communications Officer and a Funding and Bids Officer were postponed indefinitely due to uncertainties regarding funding and income streams. 

Our volunteering opportunities were paused through the lockdown and resumed in smaller, socially distanced groups in mid-August. The absence of staff and volunteers regularly maintaining the park meant that there was a significant amount of catch up work required on their return. 

All scheduled fundraising and community events were postponed until further notice. This resulted in the loss of an important income stream for the charity for the year. 

We have a membership programme that provides a small, unrestricted income stream to support the Park. Members participate in our Annual General Meeting and many regularly volunteer at the Park or for events and functions. 

## **FINANCIAL REVIEW** 

## **Investment policy and objectives** 

Under the memorandum and articles of association, the charity has the power to invest surplus funds where the directors deem appropriate. 

Page 3 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

The Management Committee has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the Group should be between 3 and 6 months of the unrestricted resources expended, held in general funds. At the end of March 2021, fund available for general use amounted to £23,593 which equates to 4 months running costs. 

## **FUTURE PLANS** 

At this stage and in the context of Covid-19, it is difficult to plan for future events and activities as normal. We will need to remain agile in planning for and responding to the changing situation. Covid-19 has highlighted the need for greater reserves and more diverse income streams to provide us with more resilience. 

Because of the current climate, we would like to broaden our offer to ensure that the Park provides something for everyone in our service to the community. We want to be more creative and innovative in our approach to the use of the Park to support the community and the charity. 

We plan to add additional services or facilities to enable a wider range of users to access the park. This will be integrated into a review of our medium term strategy and the development of a robust business plan. The business plan will look at how we can attract more income with less reliance on grants. Much more remains to be done to develop long-term support for the Park to secure its future, increasing our membership and corporate membership and sponsorship will be key to this. 

The re-development of the playground will be a significant project for the coming year and in addition to some significant driveway repairs. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under the Articles of Association. The Group was incorporated on 10 May 2000 and received charitable status in August 2001. The charity registration number is 1088106. The Group is a company limited by the guarantee of its members. The company registration number is 3989550. At 31 March 2021 there were 230 members. 

## **Recruitment and appointment of new trustees** 

Trustees are elected at the Annual General Meeting. The two longest serving Trustees retire at each AGM and can be re-elected by vote. Trustee vacancies are advertised locally. To broaden the scope and experience of the Board, a Trustee may make a direct approach to potential candidates to target specific skills and knowledge required to balance the Board. All nominations for new Trustees must be approved by the Board prior to the AGM. 

## **Organisational structure** 

The Board of Trustees act as the Management Committee and meets monthly as a group to discuss key management issues including legal, financial and development and to monitor the progress and activities of the Chief Executive. Trustees are also allocated to a number of specialist sub committees. A trading subsidiary was formed on 1st April, 2012 which operates The Coach House Café and Bistro. The Coach House Community Enterprise Limited is wholly-owned by the charity and has a Board of Directors made up of three Trustees and three independent Directors, the subsidiary has now been dissolved. 

## **Induction and training of new trustees** 

New Board Members are given an induction pack containing a copy of the governing document, a description of their role as a Trustee and copies of recent minutes and reports. As part of the induction process, new Trustees are invited to meet the employees of the organization and spend time with the Chief Executive and Chairperson. 

Trustees are encouraged to develop their own skills whilst volunteering in their Board role. Training opportunities are brought to the attention of Trustees at meetings and relevant course costs are met by the group. An audit of Board Member's skills and knowledge is carried out annually to identify the training needs of the organization. 

Page 4 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Risk management** 

The directors have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that adequate systems are in place to mitigate any exposure to the major risks. 

## **Safeguarding** 

Ulverston Ford Park Community Group (FPCG) is fully committed to its responsibility to safeguard and protect the interests of all children, young people and vulnerable adults it works with. We are committed to operate in a way that protects them. 

Ford Park Community Group has a comprehensive Safeguarding Policy that is reviewed annually. The policy applies to all staff, volunteers and anyone working on behalf of Ford Park Community Group and aims to provide a framework to ensure the Organisation's procedures and working practices are consistent with its values and beliefs. 

The purpose of the policy is to: 

- protect children, young people and vulnerable adults with whom FPCG staff, volunteers and anyone working on behalf of FPCG may be involved. 

- provide staff of FPCG, volunteers and anyone working on behalf of FPCG with the overarching principles that guide our approach to safeguarding. 

The policy was last reviewed by the CO and trustees on the 27th November 2018 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

03989550 (England and Wales) 

## **Registered Charity number** 

1088106 

## **Registered office** 

Ford Park Community Group Ford Park Ulverston Cumbria LA12 7JP 

## **Trustees** 

Ms R Campbell Trustee Ms M Hale Trustee Mrs S Wilson Trustee Mr A Brenton Trustee (resigned 27.5.21) Mr J Shaw Trustee Mr B Brown Trustee Mr D R Willison-Parry Trustee Mr G Ronson Trustee Mr S Atkinson Trustee (appointed 27.1.21) 

## **Company Secretary** 

Miss J Salmon 

Page 5 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** 

Mr J F Hornby, FCA Institute of Chartered Accountants in England and Wales J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ 

Approved by order of the board of trustees on 10 December 2021 and signed on its behalf by: 

Mrs S Wilson - Trustee 

Page 6 



## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ULVERSTON FORD PARK COMMUNITY GROUP** 

## **Independent examiner's report to the trustees of Ulverston Ford Park Community Group ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Mr J F Hornby, FCA Institute of Chartered Accountants in England and Wales J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ 

10 December 2021 

Page 7 



## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** 

|Unrestricted<br>funds<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>37,972<br>**Charitable activities**<br>Charitable activity<br>18,686<br>Generation funds activities<br>2<br>3,059<br>Other income<br>11,929<br>**Total**<br>71,646<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Charitable activity<br>44,864<br>Governence activity<br>16,205<br>Fundraising activities<br>5,788<br>Other<br>329<br>**Total**<br>67,186<br>**NET INCOME**<br>4,460<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>517,854<br>**TOTAL FUNDS CARRIED FORWARD**<br>522,314|Restricted<br>funds<br>£<br>28,080<br>-<br>-<br>-<br>28,080<br>28,080<br>-<br>-<br>-<br>28,080<br>-<br>188,274<br>188,274|31.3.21<br>Total<br>funds<br>£<br>66,052<br>18,686<br>3,059<br>11,929<br>99,726<br>72,944<br>16,205<br>5,788<br>329<br>95,266<br>4,460<br>706,128<br>710,588|31.3.20<br>Total<br>funds<br>£<br>68,516<br>46,447<br>13,449<br>12,091|
|---|---|---|---|
||||140,503<br>104,929<br>19,518<br>6,632<br>-|
||||131,079|
||||9,424<br>696,704|
||||706,128|



The notes form part of these financial statements 

Page 8 



## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **BALANCE SHEET 31 MARCH 2021** 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>7<br>**CURRENT ASSETS**<br>Debtors<br>8<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>9<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>10<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Unrestricted<br>funds<br>£<br>498,721<br>10,059<br>60,391<br>70,450<br>(46,857)<br>23,593<br>522,314<br>522,314|Restricted<br>funds<br>£<br>188,274<br>2,226<br>27,818<br>30,044<br>(30,044)<br>-<br>188,274<br>188,274|31.3.21<br>Total<br>funds<br>£<br>686,995<br>12,285<br>88,209<br>100,494<br>(76,901)<br>23,593<br>710,588<br>710,588<br>522,314<br>188,274<br>710,588|31.3.20<br>Total<br>funds<br>£<br>689,909<br>47,462<br>22,708<br>70,170<br>(53,951)<br>16,219<br>706,128<br>706,128<br>517,854<br>188,274<br>706,128|
|---|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2021 and were signed on its behalf by: 

Mrs S Wilson - Trustee 

The notes form part of these financial statements 

Page 9 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

The financial statements have been prepared on the going concern basis, the opinion of the trustees and CEO that the Non Current Asset deficit will be recouped through further trading. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Allocation and apportionment of costs** 

75% of wages are allocated to charitable activities, with the balance apportioned, 20% governance costs and 5% fundraising activities. 

10% of non specific overheads are allocated to governance costs with the balance apportioned to charitable activities. 

25% of phone costs are allocated to governance costs with the balance apportioned to charitable activities. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Fixtures & Fittings restricted - 25% on reducing balance Fixtures & fittings unrestrict - 25% on cost Computer equipment - 33% on cost 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Pension costs and other post-retirement benefits** 

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **Covid 19** 

The potential affects of the coronavirus pandemic are addressed in the trustee report. 

continued... 

Page 10 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **2. GENERATION FUNDS ACTIVITIES** 

|**GENERATION FUNDS ACTIVITIES**|||
|---|---|---|
||31.3.21|31.3.20|
||£|£|
|Fund raising events|3,059|13,449|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.3.21|31.3.20|
||£|£|
|Depreciation - owned assets|5,550|6,770|
|Other operating leases|329|-|



## **3. NET INCOME/(EXPENDITURE)** 

## **4. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. 

## **5. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|Charitable activities<br>Governance activities<br>No employees received emoluments in excess of £60,000.<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>funds<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>44,749<br>**Charitable activities**<br>Charitable activity<br>46,447<br>Generation funds activities<br>13,449<br>Other income<br>12,091<br>**Total**<br>116,736<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Charitable activity<br>81,162<br>Governence activity<br>19,518<br>Fundraising activities<br>6,632|31.3.21<br><br>3<br>1<br>4<br>Restricted<br>funds<br>£<br>23,767<br>-<br>-<br>-<br>23,767<br>23,767<br>-<br>-|31.3.20<br>3<br>1<br>4<br>Total<br>funds<br>£<br>68,516<br>46,447<br>13,449<br>12,091<br>140,503<br>104,929<br>19,518<br>6,632|
|---|---|---|



## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

continued... 

Page 11 



## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

|**6.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**<br>Unrestricted<br>Restricted<br>funds<br>funds<br>£<br>£<br>**Total**<br>107,312<br>23,767<br>**NET INCOME**<br>9,424<br>-<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>508,430<br>188,274<br>**TOTAL FUNDS CARRIED FORWARD**<br>517,854<br>188,274<br>**7.**<br>**TANGIBLE FIXED ASSETS**<br>Freehold<br>Freehold<br>prop<br>property<br>unrestricted<br>restricted<br>£<br>£<br>**COST**<br>At 1 April 2020<br>503,104<br>166,987<br>Additions<br>-<br>-<br>At 31 March 2021<br>503,104<br>166,987<br>**DEPRECIATION**<br>At 1 April 2020<br>-<br>-<br>Charge for year<br>-<br>-<br>At 31 March 2021<br>-<br>-<br>**NET BOOK VALUE**<br>At 31 March 2021<br>503,104<br>166,987<br>At 31 March 2020<br>503,104<br>166,987|Total<br>funds<br>£<br>131,079<br>9,424<br>696,704<br>706,128<br>Fixtures<br>& Fittings<br>restricted<br>£<br>94,637<br>-<br>94,637<br>81,049<br>3,158<br>84,207<br>10,430<br>13,588|Total<br>funds<br>£|
|---|---|---|
|||131,079|
|||9,424<br>696,704|
|||706,128|



continued... 

Page 12 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **7. TANGIBLE FIXED ASSETS - continued** 

|Fixtures<br>& fittings<br>unrestrict<br>£<br>**COST**<br>At 1 April 2020<br>41,289<br>Additions<br>-<br>At 31 March 2021<br>41,289<br>**DEPRECIATION**<br>At 1 April 2020<br>35,281<br>Charge for year<br>1,403<br>At 31 March 2021<br>36,684<br>**NET BOOK VALUE**<br>At 31 March 2021<br>4,605<br>At 31 March 2020<br>6,008<br>**8.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Other debtors<br>VAT<br>Prepayments<br>**9.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>Social security and other taxes<br>Other creditors<br>Accruals and deferred income|Computer<br>equipment<br>£<br>8,113<br>2,636<br>10,749<br>7,891<br>989<br>8,880<br>1,869<br>222<br>31.3.21<br>£<br>3,461<br>2,226<br>3,157<br>3,441<br>12,285<br>31.3.21<br>£<br>5,325<br>-<br>70,076<br>1,500<br>76,901|Totals<br>£<br>814,130<br>2,636|Totals<br>£<br>814,130<br>2,636|
|---|---|---|---|
|||816,766||
|||124,221<br>5,550||
|||129,771||
|||686,995||
|||689,909||
|||31.3.20<br>£<br>2,112<br>41,395<br>-<br>3,955<br>47,462<br>31.3.20<br>£<br>11,805<br>13,926<br>26,720<br>1,500<br>53,951||
||||53,951|



continued... 

Page 13 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **10. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>Unrestricted Funds<br>**Restricted funds**<br>Futurebuilders England (Building Grant)<br>Fresh Ideas<br>Sellafield<br>**TOTAL FUNDS**<br>Net movement in funds, included in the above are as follows:<br>**Unrestricted funds**<br>Unrestricted Funds<br>Orcina<br>Cumbria Foundation<br>**Restricted funds**<br>SLDC<br>Sir John Fisher<br>Co-op<br>Baywind Energy Community Trust<br>St Mary's Hospice<br>**TOTAL FUNDS**|At 1.4.20<br>£<br>517,854<br>185,380<br>1,800<br>1,094<br>188,274<br>706,128<br>Incoming<br>resources<br>£<br>43,647<br>12,999<br>15,000<br>71,646<br>580<br>20,000<br>2,000<br>3,000<br>2,500<br>28,080<br>99,726|Net<br>movement<br>At<br>in funds<br>31.3.21<br>£<br>£<br>4,460<br>522,314<br>-<br>185,380<br>-<br>1,800<br>-<br>1,094<br>-<br>188,274<br>4,460<br>710,588<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(39,187)<br>4,460<br>(12,999)<br>-<br>(15,000)<br>-<br>(67,186)<br>4,460<br>(580)<br>-<br>(20,000)<br>-<br>(2,000)<br>-<br>(3,000)<br>-<br>(2,500)<br>-<br>(28,080)<br>-<br>(95,266)<br>4,460|
|---|---|---|



continued... 

Page 14 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **10. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|At 1.4.19<br>£<br>**Unrestricted funds**<br>Unrestricted Funds<br>508,430<br>**Restricted funds**<br>Futurebuilders England (Building Grant)<br>185,380<br>Fresh Ideas<br>1,800<br>Sellafield<br>1,094<br>188,274<br>**TOTAL FUNDS**<br>696,704<br>Comparative net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>Unrestricted Funds<br>71,986<br>Orcina<br>40,000<br>Hadfield Trust<br>3,000<br>Cumbria County Council<br>1,300<br>BAE<br>450<br>116,736<br>**Restricted funds**<br>Ulverston Town Council<br>1,000<br>Sir John Fisher<br>14,926<br>Town Lands<br>1,500<br>Sellafield<br>1,451<br>Ulverston BID<br>940<br>Duchy of Lancaster<br>950<br>GlaxoSmithKline<br>500<br>Groundwork<br>2,500<br>23,767<br>**TOTAL FUNDS**<br>140,503|Net<br>movement<br>At<br>in funds<br>31.3.20<br>£<br>£<br>9,424<br>517,854<br>-<br>185,380<br>-<br>1,800<br>-<br>1,094<br>-<br>188,274<br>9,424<br>706,128<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(62,562)<br>9,424<br>(40,000)<br>-<br>(3,000)<br>-<br>(1,300)<br>-<br>(450)<br>-<br>(107,312)<br>9,424<br>(1,000)<br>-<br>(14,926)<br>-<br>(1,500)<br>-<br>(1,451)<br>-<br>(940)<br>-<br>(950)<br>-<br>(500)<br>-<br>(2,500)<br>-<br>(23,767)<br>-<br>(131,079)<br>9,424|
|---|---|



Page 15 

continued... 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **10. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>Unrestricted Funds<br>**Restricted funds**<br>Futurebuilders England (Building Grant)<br>Fresh Ideas<br>Sellafield<br>**TOTAL FUNDS**|At 1.4.19<br>£<br>508,430<br>185,380<br>1,800<br>1,094<br>188,274<br>696,704|Net<br>movement<br>in funds<br>£<br>13,884<br>-<br>-<br>-<br>-<br>13,884|At<br>31.3.21<br>£<br>522,314<br>185,380<br>1,800<br>1,094|
|---|---|---|---|
||||188,274|
||||710,588|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|Unrestricted Funds|115,633|(101,749)|13,884|
|Orcina|52,999|(52,999)|-|
|Hadfield Trust|3,000|(3,000)|-|
|Cumbria County Council|1,300|(1,300)|-|
|BAE|450|(450)|-|
|Cumbria Foundation|15,000|(15,000)|-|
||188,382|(174,498)|13,884|
|**Restricted funds**||||
|Ulverston Town Council||||
||1,000|(1,000)|-|
|SLDC|580|(580)|-|
|Sir John Fisher|34,926|(34,926)|-|
|Town Lands|1,500|(1,500)|-|
|Sellafield|1,451|(1,451)|-|
|Ulverston BID|940|(940)|-|
|Co-op|2,000|(2,000)|-|
|Baywind Energy Community Trust|3,000|(3,000)|-|
|St Mary's Hospice|2,500|(2,500)|-|
|Duchy of Lancaster|950|(950)|-|
|GlaxoSmithKline|500|(500)|-|
|Groundwork|2,500|(2,500)|-|
||51,847|(51,847)|-|
|**TOTAL FUNDS**|240,229|(226,345)|13,884|



Page 16 

continued... 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** 

## **11. RELATED PARTY DISCLOSURES** 

The Coach House Community Enterprise Ltd is a company limited by guarantee which operates a café operated a café and community centre business from the premises of Ulverston Ford Park Community Group and donated all profits to Ulverston Ford Park Community Group. No donations were received in either of the current or the previous year. 

In September 2020 The Coach House ceased to trade and was closed down and liquidated at no cost to Ulverston Ford Park Community group. 

During the year The Coach House Community Enterprise Ltd paid rent for the use of the business premises at Ford Park, Ulverston of £Nil (2020: £7,874). 

During the year The Coach House Community Enterprise Ltd donated £Nil to Ulverston Ford Park Community Group. (2020: £Nil). 

At the year end, The Coach House Community Enterprises owed Ford Park Community Group £Nil. (2020: £3,140.) 

Page 17 



## **ULVERSTON FORD PARK COMMUNITY GROUP** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** 

|**FOR THE YEAR ENDED**|**31 MARCH 2021**||
|---|---|---|
||31.3.21|31.3.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Grants|33,052|13,590|
|Sir John Fisher foundation|20,000|14,926|
|Orcina grant|13,000|40,000|
||66,052|68,516|
|**Generation funds activities**|||
|Fund raising events|3,059|13,449|
|**Charitable activities**|||
|Room leases|13,737|7,874|
|Field hire|705|1,650|
|Profit on sale of tangible fix ed assets|-|33,029|
|Nursery sales|4,244|3,894|
||18,686|46,447|
|**Other income**|||
|Other income|2,463|1,634|
|Subscriptions / memberships|4,388|4,823|
|Gifts|5,078|5,634|
||11,929|12,091|
|**Total incoming resources**|99,726|140,503|
|**EXPENDITURE**|||
|**Other**|||
|Other operating leases|329|-|
|**Support costs**|||
|**Fundraising activities**|||
|Wages|1,906|2,961|
|Social security|-|173|
|Pensions|48|52|
|Fund raising expenses|3,834|3,446|
||5,788|6,632|
|**Charitable activities**|||
|Wages|28,588|44,418|
|Employers NIC|-|2,588|
|Employers pension contribution|722|783|
|Maintenance and waste disposal|18,012|21,419|
|Carried forward|47,322|69,208|



This page does not form part of the statutory financial statements 

Page 18 



**ULVERSTON FORD PARK COMMUNITY GROUP** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** 

||31.3.21|31.3.20|
|---|---|---|
||£|£|
|**Charitable activities**|||
|Brought forward|47,322|69,208|
|Membership / subscription fees|22|843|
|Water rates|5,733|3,172|
|Insurance|3,677|3,285|
|Heat and light|2,119|1,985|
|Travel and subsistence|-|835|
|Telephone|1,017|1,385|
|Office stationery|435|449|
|Training and subscriptions|1,556|1,931|
|Nursery purchases|368|600|
|Professional fees|2,715|11,011|
|Advertising|341|2,080|
|Art|-|709|
|Sundries|2,073|666|
|Statutory interest|16|-|
|Fixtures and fittings depn|4,561|6,025|
|Computer equipment depn|989|745|
||72,944|104,929|
|**Governance costs**|||
|Wages|7,623|11,902|
|Social security|-|690|
|Pensions|193|209|
|Accountancy|2,173|1,680|
|Professional fees|4,451|3,795|
|Water rates|637|352|
|Insurance|409|365|
|Heat and light|235|221|
|Telephone|339|154|
|Office stationery|145|150|
||16,205|19,518|
|Total resources expended|95,266|131,079|
|**Net income**|4,460|9,424|



This page does not form part of the statutory financial statements 

Page 19