Charlty reglstrdtlon number 1088106 (England anil Wale51 Company reglstratlon number 03989550 ULVERSTON FORD PARK COMMUNITY GROUP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ULVERSTON FORD PARK COMMUNITY GROUP LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Shaun Atkinson Mr Bob Brown Ms Rosemarie Campbell Ms ShiTley-Anne Wilson Mr Neil Fleming Michelle Muldoon {Appointed 21 May 20251 Charity numb8r (England and Wales) 1088108 Company number 03989550 Regist8red office Ford Park Community Group Ford Park Ulverslon Cumbria LA12 7JP Independent examiner JL Winder & Co Suite 6 Furness Gale Pel?r Green Way Barrow in Furness Cumbria LA14 2PE Bankers Unity Trust Bank PLC Four Brindleyplace Birmingham B1 2JB
ULVERSTON FORD PARK COMMUNITY GROUP CONTENTS Page Trustees, report Independent examinerfs report Slalemenl of h"nancial activities Balance sheet Notes lo the financial statements 8-18
ULVERSTON FORD PARK COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees prèsent their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance wilh the accounting policies sel out in note 1 to the financial statements and comply with the Iruslees's goveming do¢ument, the Companies Act 2006 and "Accounting and Rèporting by Charities.. Statement ol Recommended Practice applicable lo charities preparing their accounts in aGGordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" lèffecbve 1 January 20191. Objectivès and acllvltles The principal activities of the Charity aie'.- To promote the benefits ol the inhabilanls c>f Ulverston and the Neighbourhood Ihereof Ihereinafter called he area of benefit'l wilhoul distinction of sex, sexual orientation, race or of political, religiS or other opiiiions, by providing facilities in the interests of social welfare foi recreation and other leisure-lime occupation with the object of improving the ¢ondilions of life for the said inhabitants. To preseTve for the benefit of the people of Ulverslon and of Ihe Nation. the historical, architectural and conslruclional heritage that may exist within the boundaries of Ford Park, Ulverslon, in buildings lincluding any structure or erection, and 2ny part of a building as so defined) of particular beauty or historical, archileclural or conslruclional interest. To establish and secure access lo Ford Park Gardens as a community and public amenity and lo maintain and manage the same, whether alone or in c¢k(>peralion with any local authority or othe¥ person or body in furtherance of these objects. Public beffF8fit The trustees have paid due regard lo guidance issued kjy the Charity Commission in deciding what activities the charity should undertake. Aclwilies Ulverslon Ford Payk Community Group exists lo manage and main181n the green space of Ford Park and aims lo enhanGe the quality of life for the people of Ulverslon and surrounding area, by providing recreational facilities and a wide range of community based projecls, activities and events. Achievements and performonce Signific8nl aclivilies arpd achievements against objedives Registered charity Ford Park Community Group manages 8 acres of beautiful, historic parkland al the heart ot Ulverston as a community amenity, In our large Victorian walled area we provide popular playing fields Ihat are Used for many local events. a natural playground area. trails, inlerprelalion, 2 kitchen garden. a plant nursery and a volunteer cenlre. The charity employs six members of staff. Ford Park is operated as a private company limited by guarantee. il is also a règistered Charily and governed by a Board ofTruslees. The Park's Chief Executive is supported by the liuslees and is ultimately responsible for Ihe management of the Park. ils staff and volunteers.
ULVERSTON FORD PARK COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The charily own Ihe building registered as 'The Coach House,. The ground floor of this building is 8 former café which is now home to a tenant reslauranteur. Elite Dining Cumbria. trading as '8ase Restaurant.. The upstairs is a community room known as The Vth'lliams Room which is mainla1ned and hired out to users by and for the benefit ol the Ford Park Community Group. The 2023124 financial year presented some challenges for the charity and required investment in some areas lo make financial or physical improvem&nts lor the organisation and the assets il runs which will provide positive impact in future years. The charity has a number of events planned for the year ahead which wll generate revenué for ong(xng activities for the charity. These include family evènts such as Christmas and Easter events as well as educational activities in partnership with local schools. There are events focused on mature audiences planned such as an outdoor cinema and music events as well as small concerts and events in our Williams Room, all of which generate unrestricted funding. Financlal rèview During Ihtt year the charity received in¢ome of £240,02712D24 - £185,209) this is split belween £163,807 12024 £131.2791 from dDnalions, £3,91312024 - £2,114) from charitable activities, £25,903 12024 - £20,400) from trading income, £38,87612024- £28,256) from investment and other income of £7,52812024- £3,1601- Resources exper)ded on charitable acllvities amounted to £204,033 (2024 - £180,901) and £6,771 {2024 - £6,282) on raising lunds. The resulting surplus for the year was £29,223 12024 - defial of £1,974). This was split between 8 surplus on unTestricled fltnds of £18,40712024- dèfi¢it of £3,066) and a surplus on restricted funds of £1Q.81612024 - £1,092). The balance on reslriGted funds of £334,583 relates to a grant of £185.380 with Fulurebuilders England and is held in fixed assets along with grants totally £38.958 relating lo the park path., £79,975 relating to a grant for a new playground and £20,304 for five fixed assets being depreciated in sine with policy. The balan¢e relates to grants not spent al the year end. The b81ance on unreslricled funds al the year end is £493,128. There are no free reseNes at the year end, all are tied up within fixed assets. The charity is looking lo improve this position in the 2025126 year. The Iruslees and management board greatly appreciate the assistance, both financial and otherwis&, given by the funders during the period. Donations in kind are not incorporated into the acBounls as they are not valued in monetary terms. Reser¢es policy It is the policy of the tharty Ihal unrestricted fund8 which have not been designated for 8 specsfic use should be maintained at a level equivalent to between three and six month's expenditure. The Iruslees ¢onsider that reserves at this level will ensure that. in the event of a significant drop in funding. they will be able to CDnlinue the charity's current aclivilies while consideration is given lo ways in which additional funds may be raised. The charity look lo improve ihe position and relum lo this level of free reserves in 2025126_ Major risks The trustees have assessed the major risks to which the charity is èxposed, and are satisfied that systems are i place to miligale exposure to the major risks.
ULVERSTON FORD PARK COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Safeguarding Ulverslon Ford PaTk Community Group (FPCGI is fully commilled lo ils responsibilily lo safeguard and protect tha interests of all Children, young people and vulnerable adults il works with. We are committed lo operate in a way which protects them. Ford Park Community Group has a comprehensive 5alegu¥rding policy that is reviewed annually. The policy applies lo all staff, volunteers and anyone working on behalf of FPCG and aims lo provide a framework lo ensure the O¥ganisalion's procedures anol working practices are consislenl with ils values and beliefs. The purpose of the policy is lo'.- protect Childrgn, young people and vulnerable adults wllh whom FPCG stsff, volunteers and anyone woiking on half of FPCG may be involved. provide staff of FPGG, volunteers and anyone working on behalf of FPCG with the overarching winciples that guide our approach lo safeguarding, The policy was12st reviewed by the CO and trustees on 27th November 2018. Plans for future pèrlods The Charity looks lo the year ahead as an opportunity lo build on the success of ils community events with a similar slate of events planned along with addiliDnal, large events p18nned in order lo maximise il's impact and its revenue polenlial, 2026 wll mark a momentous year for the charity as it receives a large, rèstricted grant after a successful application in Sèptember 2025 for a portion of the GSK Legacy funding la £2m fund offered lo the town by GSK as Il winds up its operations in Ulverstonl. Ford Park successfully bid for funding lo build a second, larger community hall along th an office bLJilding. These two facilities will dramali¢ally improve the opportunities lor fundraising in the park and the flexibility for the charity's own operations. The facilities wll start construction in early 2026 and be operational by the end of Summer 2026. The new facilities will reduce the charity's reliance on grants and donations for income ancE is expected to improve the financial position and stability for the lulure. The charity will also host a strategy day in early 2026 for the staff and board of trustees to review the longer term strategy for the organisation, asstrssing policies, maintenance plans, park aeslhelics and future objeGtives structure, governance and management The charity 15 a company limited by guarantee and established under a Memorandum of Association which established the objects and powers of the charitable company ancj is governed under the Articles of Association. The trustees, who are also the dlrèclors for the purpose of company law, and who served during the yeai and Ltp lo the dale of signalure of the financial slalemenls wère.. Mr Shaun Atkinson Mr Bob Brown Ms Rosemarie Campbell Ms Shirley-Anne Wilson Ms Charlotte Fuke Mr Neil Fleming Ms EmmaAthersmith Ms Stacey Smiih Michelle Muldoon (Reslgned 15 May 20241 IAppDinled 5 July 2024 and resigned 14 February 20251 IResigned 30 September 20241 IAppoinled 21 May 2025)
ULVERSTON FORD PARK COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED> FOR THE YEAR ENDED 31 IWARCH 2025 Recruilmgnt 2nd appointmenl of Iwslees Trustees are elected at the Annual General Meeting. The two 1Dngest serving trustees retire al each AGM and can be re-elected by vole. Trustee vacancies are advertised locally_ To broaden the scope and experience of the Board, 2 Iruslee may make a direct approach to potential candidates lo target sp8cific skills and knowledge required lo balance the Board. All nominations for Irustees must be approved by the Board prio¥ lo the AGM. None of thè Iruslees has any beneliGial interest in the company. AIS of the trustees are members of the company and guarantee to Conlribule £1 in the event of a winding up. Organisaln81 slwclu The Board ol Trustees act as the Management committee and meets monthly as a group lo diSGUbS key management issues including legal. financial and development and lo monitor the progress and activities of the Chief Executive. Trus1&8s also allDcaled to a number of specialist sub commillees. The Trustees delegate the day-lo-day running of the Charity to the Chief Executive Offi'cerlPark Director, Sam Ronson. Induction And training ofiwslees New Board Members are given an indu¢lion pack containing a copy ol the governing document, a description of their role as a Iruslee and copies of tecent minutes and reports. As part of the induction process new trustees are invited lo meet the employees of the organisalion and spend lime wtlh the Chief Executive and Chairperson. Trustees are encouraged lo develop their own skills whilst voluntèering in Iheir Board role. Training opportunities are brought to the attention ol Trustees at meetings and relevant course costs are met by the group. An audit of the Board members, skills and knomdedge is carri&d out annually to identify the training needs of the organisation. The Iruslees, report was approved by the Board of Trustees. Nl-OJQoy Mr Neil Flemin9 Trustee Date..
ULVERSTON FORD PARK COMMUNITY GROUP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ULVERSTON FORD PARK COMMUNITY GROUP I report lo the Irusle&s on my examination of the financial slalements of Ulverslon Ford Park Community Group (the charilyl for the year ended 31 March 2025. RÈsponslbllitie3 and basis of report As the Iiuslees of the charity land also ils directors for the purposes ol company lawl you are responsible lor the preparation of the fvnancial statements in accordance with the requirements of the Companies Act 20(B Ilhe 2006 Acll laving satisfied myself that the financial statements of the charity are not required lo be audited under Part 16 of the Comp8nies Act 2006 and are eligible for independent examination, I report in respect of Tny examination of the charity'5 financial statements carried out under section 145 of the Charities AGt 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5}(bl of the Charities Act 2011. Ind&p8ndent examlner's statement I have completed my examination. l Gonfirm that no matters have come lo my 8ttenlior) in connection with the examination giving me cauEe lo believe Ihal in any material respect.. accouth.ng records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial stalemenis do not accord wvith those records,. or the linancial slalemenls do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statèments give a true and fair view, which is not a maller considered as part of an independent examination., or the financial stslemenls have not been prepared in accordance with the Tll8thc>ds and prlnciples of the Statement of Recommended Practice for accounting and reporting by charities applicable to char4ties preparing their financial slalements in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no Concerns and have come across no other mallers in connection with the examination lo which allenlion should be drawn in this report in o¥der lo enable a proper understanding of the financial statements lo be reached. JLWlnder& Co Suite 6 Furness Gate Peter Greèn Way Barlow in Furness Cumbria LA14 2PE 17 December 2025
ULVERSTON FORD PARK COMMUNITY GROUP STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrlcted funds funds 2025 2026 Total Unrestrlcted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable aGlivilies Other trading activities Investments Olher income 93.104 3.913 25,903 38,876 7,528 70,703 163,807 3,913 25,903 38,876 7,528 69,479 2.114 20.400 28,256 3,160 61.800 131,279 2,114 20,400 28,256 3.160 Total income 169,324 70,703 240.027 123,409 61,800 185,209 Expendlture on.. Raising funds CharitabSe activities 6,771 151,082 6,771 204,033 6.282 120.193 6,282 180,901 52,951 60,708 Total expenditure 157,853 52,951 210.804 126,475 6Q,708 187,183 Net Incomèllexpendlturel 11,471 17,752 29.223 13,0661 1,092 11,9741 Transfers between funds 6,938 16,9361 Net movement In funds 10 18,407 10,816 29,223 13,066) 1.092 11,9741 Reconciliation of funds.. Fund balances al 1 April 2024 474.721 323,767 798,488 477,787 322,675 800,462 Fund balances at 31 March 2025 493,128 334.583 827,711 474,721 323,767 798.488 The slalement ol financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aGlivilies,
ULVERSTON FORD PARK COMMUNITY GROUP BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 14 814,521 792,675 Current assets Debtors Cash at bank and in hand 15 7,082 14,140 8,396 8,484 21,222 16,880 Creditors: amounts falling duo wlthin one year 16 {8,0321 111,067) Net current as$ets 13,190 5,813 Totsl assets less current liabilitles 827,711 798,488 The funds of the charity Restricted income funds Unrestricted funds 18 19 334,583 493,128 323,767 474,721 827,711 798,488 The company is enlilled to the exemption from the audit requiremènt contained in section 477 of the Companies Act 2006. for the year ended 31 March 2025. The directors a¢knowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo acwunting records and the preparation of financial slalgmenls. The members have not Yequired the company lo obtain an audit Df ils fi'nancial slalements for the year in question in accordance with sedion 478. These financial slalemenls havg been prépafed in accordance with the provisions appli¢ab5e lo companies subject to the small companies regime. The financial slalemènts were approved by the Iiuslees on . Mi Neil Fleming Trustee Company registration number 03989550 (England and Wales)
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charlty Informatlon Ulverslon Ford Park Community Group is a private company limited by guarantee incorporated in England and Wales. The registered offic& is Ford Park Community Group, Ford Fark, Ulverston, Cumbria, LA12 7JP. 1.1 Accountlng convention The financial slaloments have been preparod in accordance wqlh the charity's governing document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland and the Gharities SORP "Accounting and Reporting by ChaTilies.' Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic ol Ireland IFRS 1021" The chartly is a Public Benefit Entity as defined by FRS 102. The charity has taken advantsoe of the provisions in the SORP lor charities not to prepare a statent ol cash flows. The financial statements are prepared in sterling, which is th& functlonal currency of the charity. Monetary amounts in thess financial statemènts are rounded lo the nearest £. The financial slalemenls have been pr8pared under the historical cosl conventlon. The principal accounting policies adopted are sel out below. 1.2 Going concern Al the lime of approving the financia1 stalemenls, the Iruslees have 8 reasonable expe¢lation that the Gharily has adequale resources lo continue in operational existence for the foreseeable fulurtr. Thus the trustees oontinue to adopl the going concern basis of aGcounling in preparing the financial stalemenls. 1.3 Charltable funds Unrestricted furids are available for use al the discretion ol the Iruslees in furlherance of their Charitable objecllves. Restricted funds are subject lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the reslricled funds are sel out in the notes to the financial stslemenls. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the charity. 1.4 Income ncome is recognised when tho charity is légally enlilleos to il after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash don81ions are recognised on receipt. Other donations are renised once the charity has been nolilied DI the donation, unless performance conditions require deferral of the amount. Incorne lax recoverable in relation lo donatsons re¢eived under Gift Aid or deèds of covenant is recognised at the lime of th6 donation. Legacies are reGognised on receipt or othetwise if the charity has been nL)tiliéd of an impending disliibullon, the amount is known, and ieceipt is expected, 11 the amount is not known, the legacy is treated as a contingent asset.
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policitrs Icontinuedl 1.5 Expenditure Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benetil to a third party. it is probable that a Iiansfer of economic benefits will be required in selllemenl, and the amount of the obligation can be measured relisbly. Expenditure is classified by 8clivily. The costs of @ach activity are made up of the total of di[1 costs and shared ¢osls, in¢luding support costs involved in undertaking èach aclivily. Diracl cosls atlribulable to 3 single activity are allocated directly to that aclivily. Shared costs which contribute lo more than one activity and supptsrt ¢ost5 which are not allribulable lo a single activity are apportioned betwegn those a¢tivilies on a basis consistent with the use of rebources. Central staff costs are allocated on the basis of time spent. and depreciation chaiges are allocated on th8 portion of the asset's use. 1.6 Tangible fixed assets rangible fixed assets are initially measured at cost and subsequenuy measured al cost or valuation, net of depre¢i81ion and any impairment losses. Depreciation is recognised so as lo wrlte off the cost or valuation of 8ssels less their residual values over their useful live$ on the following bases.. Playground equipment Fixtures and fillings Computers 100k straight line 250k reducing balance 330/0 Straight line The gain or loss arising on the disposal DI an asset is determined as the difference between the sale proceeds and the cairying value of the a5sel, and 15 recognised in the slalemenl ol financial aclivilies. 1.7 Impairment of fixed assets Al each reporting end dale, the charity reviews the carrying amounts 01 ils tsngible assets lo determine whether there is any indication that those assets have suffered an impairment loss. 1f any such indalLOn exists, the recoverable amount of the ass6t is estimated in order to determine the exlenl of the impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents include ¢8sh in hand, deposits held al call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are sho within borrowing5 in current liabilities. 1.9 Flnanclal instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls. and SlE0n 12 'Other Financial Instrum6nls Issues, of FRS 102 to all of its financial inslrumenls. Financial instruments are recogniséd in the charity's balance sheet whèn the charity becornes p8rty lo the conlraclual provision5 of the inslrumenl. Financial assets and liabilitie5 are offset, with the net amounls presented in the financial stalemenls. when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on 8 net basis or lo realise the asset and sellle the liability simultaneously.
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL sTATErENTs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles Icontlnuedl Basic flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried al amort1sed cost using the effective interest method unless the arrangement conslilijles 8 finan¢lng transaction, where the transaction is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one yèar are not amortised. B4s1¢ financial liabilities 8asic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arfangemenl conslilules a financing transaction, where the debt instrument is measured al the piesent value of the future payments dis¢ounled at 8 market rale of interest. Financial liabilities classified as payable wtlhin one year are not amortised. Debt instruments are SbSequentIY Carried al amortised cost, using the effective interest rale method. Trade creditors are obligations lo pay lor goods or services Ihal have been acquired in thè ordinary coijrse ol 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 n0n-0uent liabilities. Trade creditors are recognised initially al transaction price and subsequently measured al amortised cost using the effective inlertrsl method. Derecognition of flnanclal liabilities Financial liabilities are derecognised when the charity's conlraclual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday enlillemenl is recogni5ed in the period in which the ernployee's services are received. Termination benefits are recognised Immediately as an expense when the charity is demonstrably CDmmilled lo terminate the 6mp5oyment of an employee or to provide teiminatlDn benefits. 1.11 Retlrèment beneflts Payments lo definod conlribulion retirement benefit schemes are charged as an expense as they fall dué. Crltl¢al accountlng estl¥nate5 and Sudgements In the application of the charity's accounting policies, the Iruslees are required lo make judgements, estimates and assumptions abDUt the carrying amount of assets and liabilili@s that are not readily apparent from other sources. The eslimales and asso¢ialed assumptions aTe based on historical experience and Dlher factors that are considéred lo be relevant. AGtual resijlls may differ from these eslimales. The eslimales and underlying assumptlDns are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the eslin)8le is revised where the revision affects only that period, or in the period of the revision and future poriods where the revision affects both current and future persods. 10-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Donations and lega¢l8s Unrestricted Restricted funds funds Total Unrestricted Reslri¢ted funds fund5 Total 2025 2025 2025 2024 2024 2024 Donations and gifts Grants receivable 84,345 8,759 1,500 69,203 85,845 77,962 62,736 6.743 15,000 46.800 77,736 53,543 93,104 70,703 163,807 69,479 61.800 131,279 Donations and glfts Orcina Limited Ulverslon Town Council Cumbiia Community Fund Eric Wright Other 50,000 50,000 40,OLIO 40,000 10,000 10,000 5,000 5,000 1,50D 1,500 34,345 34,345 22.736 22,736 84,345 1.50D 85,845 62,738 15,000 77,736 Grants recelvable for core activities Foyle Foundation Ulverslon Town Council Baywind Energy Bernard Sunley Foundation Ulverston BID CSEP Cumbria CoLEnty Council- Shared Prosperity Fund NFU Mutual Cranlscape Slr John Fisher Foundation Other 8,200 3,000 12,500 8.200 3.100 12.500 22,110 22.110 100 5.000 10,000 4,308 5,000 10,000 4,306 16,000 16.000 6,509 6,509 6,443 6,443 7.360 7,360 8,000 3.787 8,000 6,037 8,000 7,740 8,000 7,940 2,25D 200 8,769 69,203 77,962 6,743 48,800 53,543 11
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltable activities Unrestricte(I funds 2025 UnrestriGted funds 2024 Nursery sales 3.913 2,114 Income from other tradlng activities Unrestricted Unrestricted funds funds 2026 2024 Membership subscriptions and sponsorships Fundraising events Shop income 3,828 21,743 332 5,209 14,792 399 Other trading acliviliès 25,903 20,400 Income from investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Rental ir*comè Interest receivable 37,562 1,314 27.919 337 38.876 28.256 Other income Unrestrl¢ted Unrestrlcted funds funds 2025 2024 Other income 7.528 3.160 12-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on raising funds Unrestrl¢t8d Unrestrlcted funds funds 2025 2024 Fundralslng and publicity Staging fundraising events Other fundraising costs 4,879 1,892 4,532 1.750 6.771 6,282 Expendlture on Gharitable actlvltSes 2025 2024 Direct costs Stsff costs Depreciatson and impairment Maintenance and waste disposal Water ratés Insurance Heat and light Telephone Office slalionery Tmining and subscriptions Plant nursery purchases Profession81 and consultancy lees Advertising Accountancy fees other charitable expenditure 106.311 21,480 35,053 638 3,850 8,805 804 960 419 2.508 675 761 6.206 15,563 9CI,338 17,953 30,832 3,574 3,313 4,gCIg 1,649 885 3,098 2,360 6,914 140 3,026 11,9fj0 2Q4,033 180,901 Analysis by fund Unreslri¢led funds Restricted funds 151,082 52,951 120.193 60.708 204,033 180,901 10 Net movement In funds 2025 2024 The nel movement in funds is slated after chargingllcrediling).. Fees payable lo the charily's independent examiner.. for the independent examinalion of the charity's financial slalements Depreciation of owied tangible fixed assets 2,30D 21,480 2,100 17,953 13-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Trustees None of the Iruslees lor any persons connected with them) received any remuneration or benefits from the chartly during the year, 12 Employe9S The average monthly number of employees during the year was.. 2025 Number 2024 Number Chartlable activities Employment costs 2026 2024 Wages and salaries Social security costs Other pension costs 102,711 1.642 1.958 88,661 104 1,573 106,311 9D,338 There were no employees whose annual remuneration was more than £60,000. Remuneratlon of key manag8mant peysonnel The remuneration of key management personnel was as lollows.. Aggregate compensation 36,319 31,228 13 Taxation The ¢harty is exempl from laxalion on ils activities because 251 ils income is applied for charitable purposes. 14-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tanglbla fixed assets Freehold land Playground Flxturos and and byildings oqulprnent Computers Total Cost Al 1 April 2024 Additions 670,092 43,000 114,545 164,7L18 325 11,2£ 960,641 43,325 At 31 March 2025 713,092 114,545 165,033 11,296 1,003,966 DepreGlatlon and impalrment Al 1 Aprll 2024 Depreci81ion charged in the yeai 22.909 11.455 133.911 7,726 11,145 149 167,965 21,480 2.150 At 31 March 2025 2.150 34,364 141,637 11,294 189,445 Catrying amount Al 31 March 2025 710,942 80,181 23,396 814,521 Al 31 March 2024 670,092 91,635 30.797 151 792,675 15 Debtors 2025 2024 Amounts falling due within one year. Trade debtors Other debtors 5,632 1,450 6.951 1,445 7.082 8,396 16 Creditor$.' amounts falling due wlthin one year 2025 2024 Other taxation and social security Trade creditors 1,474 6.558 718 10,349 8,032 11,067 17 Retirement benefit schemes 2025 2024 Defined contributlon schemes Charge lo profil or loss in respect of defined contribution schemes 1.958 1,573 The eharity operates a defined Gontribulion pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 15
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Restricted lunds The reslr(cled funds of the Gharily comprise the unexpended balances Df donations and giants held on trust subjpGI to specific conditions by donors as lo hc)w they may be used. At 1 ApTII 2024 Incomlng resourc8s Resources expended Transfers At 31 March 2025 Futurebuilders England (Buildirig grant) Fresh Ideas Sellafield Granlscape SLDC LIPS Frieda Scott Fotjndation World Market Playground (FCC, CGP and Persimmon) Baywind Energy Cumbria County CDuncil Cumbria Community Foundation Ulverston Town Council Ulverston BID Befnard Sunley National Garden Scheme Sir John Fisher Foundation CSEP Roseland Tnjst Eric Wright 185,380 297 389 5.827 9.420 4,726 1,OOD 185,380 222 292 3,910 9,420 175) 197) 11,9171 {4,7261 1,000 91,400 10,611 1,233 111,4251 13,Q891 11,2331 79,975 7.522 16.000 16,000 306 13,178 306 14,818 10,000 5.000 22,110 10,000 5,000 2,287 8,000 4,306 1,500 1,500 113,5341 16,936) 12,2871 18,ODOI 13,5681 {1,50Ql (1,5001 738 323,767 70,703 152,9511 16,9381 334,583 10-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Restrlcted funds (Continued) Previous year. At 1 Aprll 2023 Incoming resoLtrces Resources expended Transfers At 31 March 2024 Fulurebuilders England (Building grant) Fresh Ideas Sellalield Ulverslon Town Lands Granlscape SLDG LIPS Fiieda S¢oll Foundation World Market Playground IFGC, CGP and Persimmon) The Big Give Sir John Fisher Foundation Baywind Energy W&slmorland and Furness Foyle Foundation Cumbria County Council Slagecoa¢h HAF Curnbria Community Foundation SLDC Ulverslon Town Council 185,380 397 519 185,380 297 389 1,678 5.827 9.420 4,726 1,000 11001 11301 13221 11,533} 2,000 7,360 9,420 9,426 1,QOO 14,7001 102,825 3,679 111.425) 13.679) 18,0001 11,8891 15,2401 18,2001 13,3711 15001 {2,7951 91,400 8,000 12,500 5.240 8,200 10,611 4.604 1,233 500 2,795 5,000 {4,6941 11,1301 13,0001 306 1.130 1.500 13,000 11.500 322,675 61,800 {60,7081 323.767 19 Unrestrlcted funds The unreslricled funds of the charity comprisè the un&xpended balances ol donations and grants whi¢h are not subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which havè been sel aside out of Linresl¥icled lunds by the Iruslees for specific purposes. At 1 Aprll 2024 Incoming resources Resources expended Transfets At 31 March 2025 General funds 474,721 169,324 1157,853} 6.936 493,128 Previous year.. At l Aprll 2023 Incomlng r&sources Resource5 expended Tran$f&rs At 31 March 2024 General funds 477,787 123,409 1128,475) 474,721 17-
ULVERSTON FORD PARK COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Analysis of net assets between funds Unre5trlcted funds 2025 Restrlcted funds 2025 Total 2025 At 31 March 2025.. Tangible assets Current asselsl{liabililiesl 493,747 {6191 32Q,774 13,809 814,521 13,190 493,128 334,583 827,711 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At31 March 2024: Tanglble assets Current asselsllliabililiesl 495,591 120.8701 297,084 26,683 792.675 5,813 474,721 323,767 798.488 21 Related party transactlons There were no disclosable related party transaGtion5 during the year12024- none). 18-