Charlty registration number 1088106 Company reglstration number 03989550 (England and Wales) # ULVERSTON FORD PARK COMMUNITY GROUP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 | | | | . | ## ULVERSTON FORD PARK COMMUNITY GROUP ## LEGAL AND ADMINISTRATIVE INFORMATION |LEGAL AND ADMINISTRATIVEAND ADMINISTRATIVEADMINISTRATIVE INFORMATION|LEGAL AND ADMINISTRATIVEAND ADMINISTRATIVEADMINISTRATIVE INFORMATION| |---|---| |a|| |Trustees|MrShaunAtkinson| ||Mr Bob Brown| ||Ms Rosemarie Campbell| ||Ms Marilyn Hale| ||Mr Jamie Shaw| ||Mr DerekWillison-Parry| ||Ms Shirley-Anne Wilson| |Charitynumber|1088106| |Companynumber|03989550| |Registered office|Ford ParkCommunityGroup
Ford Park| ||Ulverston| ||Cumbria| ||LA12 7JP| |Independentexaminer|JLWinder&Co
125 Ramsden Square| ||Barrow in Furness| ||Cumbria| ||LA14 1XA| |Bankers|UnityTrustBankPLC
Four Brindleyplace| ||Birmingham| ||B12JB| | | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## CONTENTS **----- Start of picture text -----**
||||| |---|---|---|---| |oa| |Page| |Trustees'|report|4-4| |independent|examiner's|report|5| |Statement|of financial|activities|6| |Balance sheet|7| |Notes|to the financial|statements|8-18| **----- End of picture text -----**
**----- Start of picture text -----**
:
**----- End of picture text -----**
| j | | **----- Start of picture text -----**
|
**----- End of picture text -----**
So , | ## ULVERSTON FORD PARK COMMUNITY GROUP ## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022 TT The trustees present their annual report and financial statements for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the trustees's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Objectives and activities The principal activitles of the Charity are:- - 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 recreatlon and other letsure-time occupation with the object of improving the conditions of life for the said Inhabitants. - 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 boundarles 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. - * 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 have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. 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. Achlevements and performance 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 garden 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 member of staff 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 govemed 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, it's staff and volunteers. 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 allowed us to replace the existing play area and include toddler friendly and inclusive equipment, something which is absent in our current play area. This new playground was completed in Summer 2022. With the closure of the Coach House Community Enterprise Ltd, the ground floor of the Coach House building became the The Base restaurant. The Base also took over the management of functlons and weddings. The charity is in recelpt of regular rent and contributions to utilities costs from The Base. This is an important new income stream for the charity. | | | : | -4- : ## ULVERSTON FORD PARK COMMUNITY GROUP ## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 A Marketing and Communications Officer and a Funding and Bids Officer were recruited in April 2022, both on 12 month contracts. It is the expectation of the charity that these two roles will gnable the charity to prosper financially and better Integrate ourselves with the community. 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. In October 2022 a new Park Director/CEO was appointed to replace the outgoing CEO, > FinanclalDuring thereviewyear the charity recelved income of £178,197 (2021 - £99,726), this is split between £122,946 (2021 £71,130) from donations, £15,583 (2021 - £4,244) from charitable activities, £15,941 (2021 - £8,152 from trading income, £23,718 (2021 - £13,737) from investment and other income of £9 (2021 - £2,463). Resources expended on charitable activities amounted to £135,844 (2021 - £91,432) and £180 (2021 - £3,834) on raising funds. The resulting surplus for the year was £42,173 (2021 - £4,460). This was split between a surplus on unrestricted funds of £9,801 (2021 - £4,460) anda surplus on restricted funds of £32,372 (2021 - £0). The balance on restricted funds of £220,646 relates to a grant of £185,380 with Futurebuilders England and is held in fixed assets, £1,222 for two fixed assets being depreciated In line with policy and the balance relates to grants not spent at the year end. The balance on unrestricted funds at the year end is £532,115. Free reserves total £35,861. This is in excess of the fund balance required for the reserve policy. The trustees and management board greatly appreciate the assistance, both financial and otherwise, given by the funders during the perlod. Donations in kind are not incorporated into the accounts as they are not valued in monetary terms. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, In the event of a significant drop in funding, they will be able to continue the charity’s current actlvities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. At 31st March 2022, funds available for general use amounted to £35,861 which equates to between three and six months running costs. The trustees have assessed the major tisks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. : | | | | | | ~2- | ; ## ULVERSTON FORD PARK COMMUNITY GROUP ## TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 > SafeguardingUlverston 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 which 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 FPCG and aims to provide a framework to ensure the Organisation’s procedures and working practices are consistent with Its values and bellefs. 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 27th November 2018. Plans for future perlods Under direction of a new CEO and with the Covid-19 pandemic behind us, the charity now expects to broaden our offering in terms of community events and activities. These events are now being organised for 2023 and we expect this fo bolster our financial position for the next financial year. 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. Our Funding and Bids Officer is employed on a part time contract to apply for grants on the charity's behalf in order to win bids for both restricted and unrestricted funding. This has already began to prove fruitful in the successful awarding of several smail grants from Cumbria Community Fund, Ulverston Town Councll and CGP books as well as the inclusion In ongoing fund raising programs including The Big Give and the Co-Op community fund. We are currently developing our medium term strategy and a robust business plan to take the charity forward into the next several years with an aim to make the charity and the park financially self-sufficient. TheStructure,charitygovernanceis a companyand limitedmanagementby guarantee and 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 trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr Shaun Atkinson Mr Bob Brown Ms Rosemarie Campbell MsMr GarryMarilyn RonsonHale (Resigned 31 October 2022) Mr Jamie Shaw Mr Derek Willison-Parry Ms Shirley-Anne Wilson | | i | ; | | **----- Start of picture text -----**
-3-
**----- End of picture text -----**
7 | | J ## ULVERSTON FORD PARK COMMUNITY GROUP ## TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 a Trustees are elected at the Annual Genera! 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 makea direct approach to potential candidates to target specific skills and knowledge required to balance the Board. All nominations for trustees must be approved by the Board prior to the AGM. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £4 in the event of a winding up. The Board of Trustees act as the Management committee and meets monthly as a group to discuss key management !ssues 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. ; The Trustees delegate the day-to-day running of the Charity to the Chief Executive Officer/Park Director, Jill Salmon and from 31st October 2022 to Sam Ronson. 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 organisation and spend time with the Chief Executive and Chalrperson. Trustees are encouraged to develop their own skllis 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 the Board members’ skills and knowledge Is carried out annually to Identify the training needs of the organisation. The trustees’ report was approved by the Board of Trustees. Ms Shirley-Artfe Wilson Trustee i | -4- ## ULVERSTON FORD PARK COMMUNITY GROUP ## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ULVERSTON FORD PARK COMMUNITY GROUP I |report to the trustees on my examination of the financial statements of Ulverston Ford Park Community Group (the charity) for the year ended 31 March 2022. Responsibllities and basls of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity's financial statements carrled out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. - Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with the - examination giving me cause to believe that In any material respect: 4 accounting records were not kept In respect of the charity as required by section 386 of the 2006 Act; or 2 the financial statements do not accord with those records; or 3 the financial statements 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 financial statements 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). **----- Start of picture text -----**
:
**----- End of picture text -----**
| have no concerns and have come across no other matters in connection with the examination to which attentlon should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. JL Winder & Co 425 Ramsden Square Barrow in Fumess , Cumbria LA14 1XA Dated: 18 January 2023 | | | 2 | | | | -5- 2 ## ULVERSTON FORD PARK COMMUNITY GROUP ## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 |Notes|Unrestricted
funds
2022
£|Unrestricted
funds
2022
£|Restricted
funds
2022
£|Total Unrestricted
funds
2022
2021
£
£|Total Unrestricted
funds
2022
2021
£
£|Restricted
funds
2021
£|Tota!
2021
£| |---|---|---|---|---|---|---|---| |Income and
endowments
from:
Donationsandlegacies
3
Charitable activitles
4
Othertrading activitles
5
Investments
6
Otherincome
7||88,186
2,294
9,679
23,718
9|34,760
13,289
6,262
-
-|122,946
15,583
15,944
23,718
9|43,050
4,244
8,152
13,737
2,463|28,080
-
-
-
-|71,130
4,244
8,152
43,737
2,463| |TotalIncome||123,886|54,311|178,197|71,646|28,080|99,726| |Expenditure
on:
Raisingfunds
8||180|-|180|3,834|-|3,834| |Charitable activities
9
Totalexpenditure||113,905
114,085|21,939
21,939|135,844
136,024|63,352
67,186|28,080
28,080|91,432
95,266| |Net Income forthe year/
Netmovementinfunds||9,801|32,372|42,173|4,460|-|4,460| |Fundbalancesat1April2021||522,314|188,274|710,588|517,854|188,274|706,128| |Fund balances at 31 March
2022||532,115|220,646|752,761|522,314|188,274|710,588| The statement of financial activities Includes all gains and losses recognised In the year. AllTheincome statement and ofexpenditure financial deriveactivities from alsocontinuing compliesactivitles. with the requirements for an income and expenditure account under the Companies Act 2006. | | | -6- | | **|** || ## ULVERSTON FORD PARK COMMUNITY GROUP ## BALANCE SHEET ## AS AT 31 MARCH 2022 |||2022||2021|| |---|---|---|---|---|---| ||Notes|£|£|£|£| |Fixed assets
Tangibleassets|12||682,856||686,995| |Current assets
Debtors
Cashatbankand inhand|13|56,708
64,388||12,285
88,208|| |||421,096||100,493|| |Creditors: amounts falllng due within
oneyear|14|(51,191)||(76,900)|| |Netcurrentassets|||69,905||23,593| |Totalassets lesscurrentIlabilitles|||752,761||710,588| |Income funds
Restricted funds
Unrestrictedfunds|17||220,646
532,115||188,274
522,314| ||||752,761||710,588| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on aglay \20 23 Ms Shirley-Arfe Wilson Trustee Company registration number 03989550 |: || -7- | | : || | } ## ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ## 4 Accounting policles > CharityUlverstoninformationFord Park Community Group is a private company limited by guarantee incorporated in England and Wales. The registered office is Ford Park Community Group, Ford Park, Ulverston, Cumbria, LA12 TJP. 4.1. AccountingThe financialconventionstatements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable In the UK and Republic of Ireland’ (“FRS 102”) and the Charities SORP “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity Is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which Is the functional currency of the charity. Monetary amounts In these financial statements are rounded to the nearest E. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. - 4.2 GoingAt the timeconcernof approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 4.3. CharitableUnrestrictedfundsfunds are avallable for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financlal statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 IncomeIncome is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that Income will be recelved. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise If the charity has been notified of an impending distribution, the amount is known, and receipt is expected. \f the amount is not known, the legacy is treated as a contingent asset. | -8- : : | ! | | | | | : | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 (Continued) - 4 Accounting policles 4.5 ExpenditureExpenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. - 1.6 TanglbleTangible fixedfixedassetsassetsare initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets Jess their residual values over their useful lives on the following bases: Fixtures and fittings 25% reducing balance Computers 33% straight line The gain or loss arising on the disposal of an asset Is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 4.7. ImpairmentAt each reportingof fixedendassetsdate, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such Indication exists, the recoverable amount of the asset Is estimated in order to determine the extent of the impairment loss (If any). 4.8 CashCash andand cashcash equivalentsequivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 4.9 FinancialThe charityInstrumentshas elected to apply the provisions of Sectlon 41 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. BasicBasic financialfinanclal assetsassets, which include debtors and cash and bank balances, are initlally measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. **----- Start of picture text -----**
-g-
**----- End of picture text -----**
! | | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 1 Accounting policies ## (Continued) Basic financial Ilabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilitles classified as payable within one year are not amortlsed. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired In the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment Is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised inltially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. - 4.11 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 2 Critical accounting estimates and Judgements In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongolng basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future perlods. **----- Start of picture text -----**
|
**----- End of picture text -----**
-10- : | i | | | | | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 |3|Donations and legacies||||||| |---|---|---|---|---|---|---|---| |||Unrestricted
funds|Restricted
funds|Total Unrestricted
funds||Restricted
funds|Total| |||2022
£|2022
£|2022
£|2021
£|2021
£|2021
£| ||Donationsand gifts
Grants receivable|42,085
46,101|-
34,760|42,085
80,861|18,078
24,972|-
28,080|18,078
53,052| |||88,186|34,760|122,946|43,050|28,080|71,130| ||Donations and gifts
OrcinaLimited
Other|37,000
5,085|-
-|37,000
5,085|13,000
5,078|-
-|13,000
5,078| |||42,085|-|42,085|18,078|-|18,078| ||Grants recelvable for||||||| ||core actlvitles
SLDCCovidgrants
NFU mutual
UlverstonTown Council
SLDC LIPS
Persimmon|32,337
3,164
6,600
-
-|-
-
-
9,420
5,000|32,337
3,164
6,600
9,420
5000|-
-
-
-
-|-
-
-
-
-|-
-
-
-
-| ||Sir John Fisher
Foundatlon
CGPrePlayground
UlverstonTownlands
Co-op
Cumbria Foundation
Other|-
-
-
-
-
4,000
46,101|-
9,250
4,000
3,148
-
3,942
34,760|-
9,250
4,000
3,148
-
7,942
80,861|-
-
-
-
45,000
9,972
24,972|20,000
-
-
-
-
8,080
28,080|20,000
-
-
-
15,000
48,052
53,052| -411- | | | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ## 4 Charitable activities |Charitable activities||| |---|---|---| ||Charitable|Charitable| ||Income|Income| ||2022|2021| ||£|£| |Nurserysales
Servicesprovidedundercontract|2,294
13,289|4,244
-| ||15,583|4,244| |Analysis by fund|2,294|4,244| |Unrestricted funds|43,289|-| |Restricted funds||| ||15,583|4244| - 5 Other trading activitles |Other tradingtrading activitles||||| |---|---|---|---|---| ||Unrestricted
funds|Restricted
funds|Total|Unrestricted
funds| ||2022
£|2022
£|2022
£|2021
£| |Membership subscriptions
Fundraising events|4,506
5,173|-
6,262|4,506
11,435|4,388
3,764| |Othertradingactivities|9,679
—_———_—|6,262
—_—___-|15,941
—_———.|8,152
——__—| ## 6 Investments |Investments||| |---|---|---| ||Unrestricted|Unrestricted| ||funds|funds| ||2022
£|2021
£| |Rental income|23,699
19|13,737
-| |Interest receivable||| ||23,718|13,737| -12- | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 cn |7|OtherIncome||||| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2022|2021| |||||£|£| |||||9|2,463| ||Other income||||| |8|Ralsing funds||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2022|2021| |||||£|£| ||Eundraisi|‘|publicl|180|3,834| ||Staging fundraising||events||| |||||180|3,834| | -413- : . ;| | | | : | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ## 9 Charitable activities |Charitable activities||| |---|---|---| ||Charitable|Charitable| ||Expenditure Expenditure
Heading 1
Heading 1|| ||2022|2021| ||£|£| ||70,522|39,080| |Staff costs
Depreciation andimpairment
Maintenanceandwastedisposal|4,437
23,512
-|5,550
48,01**2**
2| |Membership and subscription fees|356|6,371| |Water rates|6,934|4,085| |Insurance|7,475|2,354| |Heat and light|4,097|4,356| |Telephone|872|580| |Office stationery
Trainingandsubscriptions
Plantnursery purchases
Professional andconsultancy fees|2,390
1,338
8,160
120|1,556
368
7,166
344| |Advertising|-|16| |Statutory interest|4,023|2,173| |Accountancy fees|1,461|329| |Lease costs
Othercharitableexpenditure|6,147|2,073| ||135,844|91,432| ||435,844|91,432| |Analysis byfund
Unrestricted funds|113,905
21,939|63,352
28,080| |Restricted funds||| ||135,844|91,432| 10 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 41. Employees The average monthly number of employees during the year was. |Employees
The average monthly number of employees during the year was.average monthly number of employees during the year was.monthly number of employees during the year was.number of employees during the year was.of employees during the year was.employees during the year was.during the year was.year was.||| |---|---|---| |The average monthly number of employees during the year was.average monthly number of employees during the year was.monthly number of employees during the year was.number of employees during the year was.of employees during the year was.employees during the year was.during the year was.year was.|2022|2021| ||Number|Number| ||5|4| |Charitable activities|—S———|a| -14- | : ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ||||(Continued)| |---|---|---|---| |41.|Employees||| |||2022|2021| ||Employment costs|£|£| ||Wagesandsalaries
Otherpensioncosts|69,365
4,157|38,117
963| |||70,522|39,080| There were no employees whose annual remuneration was more than £60,000. |42|Tangible fixedassets|Freeholdland|Fixturesand|Computers|Total| |---|---|---|---|---|---| |||and bulldings
£|fittings
£|£|£| ||Cost
At 1 April2021|670,092
-|135,926
-|10,7**48**
5|816,766
548| ||Additions||||| ||At31 March2022|670,092|135,926|11,296|817,314| ||Depreciation and impairment
At 1 April 2021
Depreciationcharged Intheyear|-
-|120,891
3,666|8,880
1,021|429,771
4,687| ||At 31 March 2022|-|124,557|9,901|134,458| ||Carrying amount
At31 March2022|670,092|11,369|4,395|682,856| ||At31 March2021|670,091|15,035|4,869|686,995| |43|Debtors|||2022|2021| |||||£|£| ||Amounts falllng due within one year:||||| ||Trade debtors
Other debtors
Prepayments andaccruedincome|||9,818
2,596
44,294
56,708|3,461
5,383
3,441
12,285| -15- : ! || | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 31 MARCH 2022 |44|Creditors: amounts falling duewithinoneyear||2022|2021| |---|---|---|---|---| |||Notes|£|£| ||Othertaxationand social security
Governmentgrants
Tradecreditors
Accrualsanddeferredincome|15|1,463
-
2,703
47,025|-
69,878
5,325
4,697| ||||51,191|76,900| . ## 48 Government grants Deferred income is included In the financial statements as follows: ||2022|2021| |---|---|---| ||£|£| |Deferred income Is included within:|-|69,878| |Current liabilities||| |Movements in the year:
Deferredincomeat 1April2021
Releasedfrompreviousperiods
Resources deferred in the year|69,878
(69,878)
-|25,726
-
44,152| |Deferredincomeat31March2022|-|69,878| ## 16 Retirement benefit schemes TheDefinedcharitycontributionoperates aschemesdefined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to profit or loss in respect of defined contribution schemes was £1,157 (2021 - £963). | | | -16- : : : | | | | | | | | ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ## I 417__—~ Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: ||Balanceat
4 April2020
£|Movement In
Incoming
resources
£|funds
Resources
expended
£|Balanceat
1Apri2021
£|Movement
Incoming
resources
£|In funds
Resources
expended 31
£|In funds
Resources
expended 31
£|Balanceat
March 2022
£| |---|---|---|---|---|---|---|---|---| |Futurebuilder||||||||| |s England||||||||| |(Building
grant)
Fresh ldeas
Sellafield|185,380
1,800
1,094|-
-
-|-
-
-|185,380
1,800
4,094|-
-
-||-
(1,270)
(402)|185,380
530
692| |Ulverston
TownLands
Grantscape
SLDC LIPS
Persimmon
WorldMarket
CGP
Co-Op
HAFfunding|-
-
-
-
-
-
-
-|-
-
-
-
-
-
2,000
-|-
-
-
-
-
-
(2,000)
-|-
-
-
-
-
-
-
-|4,000
2,226
9,420
5,000
4,000
9,250
3,148
13,289||-
-
-
-
-
-
-
(13,289)|4,000
2,226
9,420
5,000
1,000
9,250
3,148
-| |Cumbria||||||||| |Commerce re
KickStart
The Big Give
SLDC|-
-
-|-
-
580|-
-
(580)|-
-
-|716
6,262
-||(716)
(6,262)
-|-
-
-| |Sir John||||||||| |Fisher
Foundation|-|20,000|(20,000)|-|-||-|-| |Baywind||||||||| |Energy||||||||| |Community
Trust|-|3,000|(3,000)|.||-|-|-| |St Marys
Hosplce|-|2,500|(2,500)|-||-|-|-| ||488,274|28,080|(28,080)|188,274|54,311||(21,939)|220,646| **----- Start of picture text -----**
|
**----- End of picture text -----**
nn -47- ## ULVERSTON FORD PARK COMMUNITY GROUP ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 31 MARCH 2022 |NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022|NOTES TO THETO THETHE FINANCIAL STATEMENTSSTATEMENTS (CONTINUED)
FOR THE YEAR ENDEDYEAR ENDEDENDED 31 MARCH 2022MARCH 20222022| |---|---|---|---|---|---|---|---| |i|||||||| |18|Analysis ofnetassets betweenfunds
Unrestricted
funds
2022
£||Restricted
funds
2022
£|Total
2022
£|Unrestricted
funds
2021
£|Restricted
funds
2021
£|Total
2021
£| ||Fund balances at 31||||||| ||March 2022 are||||||| ||represented by:
Tangibleassets
Currentassets/(liabilities)|496,254
35,861|486,602
34,044|682,856
69,905|498,721
23,593|188,274
-|686,995
23,593| |||§32,115|220,646|752,761|522,314|188,274|710,588| ## 19 Related party transactions ‘There were no disclosable related party transactions during the year (2021 - none). | | | | | | | -18-