Charity number 1129268
## Friends of Beaumont Park Ltd
A company limited by guarantee number 06834350
## Annual Report and Financial Statements
for the year ended 30 September 2023
**----- Start of picture text -----**
Group's logo
**----- End of picture text -----**
## Friends of Beaumont Park Ltd
Annual Report and Financial Statements for the year ended 30 September 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 13|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Friends of Beaumont Park Ltd
## Trustees' report for the year ended 30 September 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Julie Dempster Chair Timothy Wilkes Treasurer Christopher Connally David Rudd John Stevenson Andrew J Coomber Joanne McDonald Abigail C Steele Andrew Steele Anthony Moyle
Appointed 10 March 2023 Appointed 17 March 2023 Appointed 10 March 2023 Appointed 10 March 2023 Resigned 21 February 2023
**Charity number** 1129268 **Company number** 06834350 **Registered and principal address Bankers** The Depot Virgin Money Beaumont Park 40 New Street Beaumont Park Road Huddersfield Huddersfield HD1 2BT HD4 7AY
Registered in England and Wales Registered in England and Wales
## **Independent examiner**
E J Beverley FCCA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 3 March 2009. It is governed by a memorandum and articles of association as amended on 27 March 2009 and new Articles were adopted by Special Resolution on 15 March 2017. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members by an ordinary resolution.
2
## Friends of Beaumont Park Ltd
## Trustees' report (continued) for the year ended 30 September 2023
## **Objectives and activities**
## **The charity's objects**
To promote the benefit of the residents without distinction of sex, sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by associating together the said inhabitants and the statutory authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants; in particular, but not exclusively by the preservation, promotion, support, assistance and improvement of Beaumont Park.
To promote such other purposes as are charitable according to the laws of England and Wales for the benefit of the public as may from time to time be determined.
## **The charity's main activities**
As a ‘Friends’ group connected to a public park we work closely with Kirklees council to help maintain and improve the facilities for all users across all age groups that use the park. The 'Friends’ have a visitor centre which is well used as a community venue hosting many local groups as well as serving as a café. The café is operated and run entirely by volunteers to help raise funds for FOBP.
We work closely with local schools and other charities to help develop and raise awareness of the park and its history. We also provide educational facilities for people to learn about environmental issues, health and wellbeing, leisure pursuits and ‘play’ for people across all age ranges.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular advancement of arts, culture, heritage or science and advancement of environmental protection and improvement.
## **Achievements and performance**
Friends of Beaumont Park continue a programme of large outside events and the opening up of the Visitor Centre. Large events have included the Santa Procession with Carols at the Bandstand, Easter Fun, Yorkshire Gala Day and Beaumont Barks. These events generate considerable funds to reinvest in work in the park.
We continue to update our website and post on 3 social media platforms – Facebook, Twitter and Instagram.
FOBP have continued to maintain the Visitor Centre. There has been general ongoing maintenance and the Nature Story Trail sculptures and the cedar tree sculpture have added to our maintenance schedule. We have installed a second defibrillator closer to the Bandstand and also provided maintenance for the pumps in the pond.
Beaumont Park won the 2023/2024 Green Flag Award yet again with the highest number of points in any Kirklees Park. We are grateful to John Mason, Kirklees gardener and his team.
The work on the Play project continues. There are 3 areas of focused work:
We have further developed the Love Exploring App available on mobiles. Families are very much enjoying using the app.
We are working on an additional improvement to the wooden play area to provide a safe area for very young children who are currently overwhelmed by the number of older children on the current play area.
We continue to publicise a Nature Story Trail associated book and printed copies are available for the public to purchase via our website or as an e-book through Amazon.
3
## Friends of Beaumont Park Ltd
## Trustees' report (continued) for the year ended 30 September 2023
## **Financial review**
The net income for the year was £23,033, including net income of £21,486 on unrestricted funds and net income of £1,547 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £91,029.
Within the reserves there is a total of £14,282 designated funds towards restoring park facilities, building an archive of the Park history and the restoration of the Cascade area. More details are provided in note 8.
The trustees aim to provide enough reserves to cover 3-6 months worth of normal annual expenditure from our activities, and this is reviewed annually once the accounts have been signed.
At present the reserves exceed this level by a large amount, thanks mainly to the income generated from refreshment sales and events over the years.
The trustees have several future projects in mind that would make good use of some or all of these reserves, including the proposed development for very young children in the play area referred to elsewhere. This may take some time but we fully intend, in co-operation with the Council, to use the reserves for the long-term benefit of the park and the people who use it.
4
## Friends of Beaumont Park Ltd
## Trustees' report (continued) for the year ended 30 September 2023
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on 13/02/2024
Julie Dempster (Trustee)
5
## Friends of Beaumont Park Ltd
## Independent examiner's report to the trustees of Friends of Beaumont Park Ltd
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 30 September 2023, which are set out on pages 7 to 13.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable 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 charitable 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 ('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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 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.
E J Beverley FCCA
05/03/2024
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
## Friends of Beaumont Park Ltd
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 30 September 2023
|Notes
2023
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
1,677
Sales
34
Membership
95
Visitor centre hire
495
Refreshment income
25,224
Event income
5,907
Group income
7,917
Fundraising
120
Other income
3,052
**Total income**
44,521
**Expenditure on:**
Refreshment sale costs
6,346
Insurance
1,953
Repairs and maintenance
557
Cleaning
246
Office costs
243
Telephone and internet
701
Printing
60
Equipment
697
Independent examination
792
Depreciation
1,125
Miscellaneous expenses
405
Events
2,472
Trailer expenses
198
Park works
2,242
Utilities
2,851
Group expenses
1,650
Fundraising
-
Professional fees
497
Donations
-
**Total expenditure**
23,035
**Net movement in funds**
21,486
**Fund balances brought forward**
74,916
**Fund balances carried forward**
(3)
96,402|2023
Restricted
funds
£
1,754
-
-
-
-
-
-
-
-
1,754
-
-
-
-
-
-
-
-
-
-
-
-
-
207
-
-
-
-
-
207
1,547
207
1,754|2023
Total
funds
£
3,431
34
95
495
25,224
5,907
7,917
120
3,052
46,275
6,346
1,953
557
246
243
701
60
697
792
1,125
405
2,472
198
2,449
2,851
1,650
-
497
-
23,242
23,033
75,123
98,156|2022
Total
funds
£
2,222
86
15
530
25,715
5,769
4,856
102
186
39,481
5,157
1,861
565
251
558
630
-
760
630
1,096
126
2,186
-
3,307
1,622
1,650
23
678
1,000
22,100
17,381
57,742
75,123|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
## Friends of Beaumont Park Ltd
## Balance sheet
|as at 30 September 2023
2023
Unrestricted
£
**Fixed assets**
Tangible assets
(4)
5,373
**Total fixed assets**
5,373
**Current assets**
Stock
670
Debtors and prepayments
(5)
1,656
Cash at bank and in hand
(6)
91,409
**Total current assets**
93,735
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(7)
2,706
**Total current liabilities**
2,706
**Net current assets**
91,029
**Net assets**
96,402
**Funds**
Unrestricted funds
General unrestricted funds
82,120
Designated funds
(8)
14,282
Unrestricted funds
96,402
Restricted funds
-
**Total funds**
96,402|2023
Restricted
£
-
-
-
-
1,754
1,754
-
-
1,754
1,754
-
-
-
1,754
1,754|2023
Total
£
5,373
5,373
670
1,656
93,163
95,489
2,706
2,706
92,783
98,156
82,120
14,282
96,402
1,754
98,156|2022
Total
£
5,242
5,242
523
1,130
69,146
70,799
918
918
69,881
75,123
74,916
-
74,916
207
75,123|
|---|---|---|---|
For the year ending 30 September 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 13/02/2024
Julie Dempster (Trustee)
8
## Friends of Beaumont Park Ltd
## Notes to the accounts
## for the year ended 30 September 2023
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Donated goods for resale are valued at the amount actually realised upon their sale.
Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £1000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Visitor centre equipment: over 5 years Wedding Facilities: over 3 years Park Equipment: over 10 years Storage Container: over 5 years
9
## Friends of Beaumont Park Ltd
## Notes to the accounts continued
## for the year ended 30 September 2023
## **1 Accounting policies (continued) Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
|**2 Grants and donations**
Trevor Dyson donation
Sylvia Richmond
Other donations
**3 Restricted funds**
Sylvia Richmond fund
Trevor Dyson Donation|Balance b/f
£
207
-
207|2023
Unrestricted
funds
£
-
-
1,677
1,677
Incoming
£
-
1,754
1,754|2023
Restricted
funds
£
1,754
-
-
1,754
Outgoing
£
207
-
207|2023
Total
funds
£
1,754
-
1,677
3,431
Transfers
£
-
-
-|2022
Total
funds
£
-
1,000
1,222
2,222
Balance c/f
£
-
1,754
1,754|
|---|---|---|---|---|---|
**Fund name Purpose of restriction** Sylvia Richmond fund Towards a rose garden in the park. Trevor Dyson Donation Towards work in the garden.
|**4 **|**Tangible assets**
**Cost**
At 1 October 2022
Additions
At 30 September 2023
**Depreciation**
At 1 October 2022
Charge for year
At 30 September 2023
**Net book value**
At 30 September 2023
At 30 September 2022|£
22,132
-
22,132
22,132
-
22,132
-
-
Storage
container &
refreshment
trailer|£
6,970
-
6,970
2,083
696
2,779
4,191
4,887
Park
installations|£
2,490
-
2,490
2,490
-
2,490
-
-
Wedding
facilities|£
7,828
1,256
9,084
7,473
429
7,902
1,182
355
Equipment|Total
£
39,420
1,256
40,676
34,178
1,125
35,303
5,373
5,242|
|---|---|---|---|---|---|---|
10
## Friends of Beaumont Park Ltd
## Notes to the accounts continued
## for the year ended 30 September 2023
|**5 Debtors and prepayments**
Debtors
Prepayments
**6 Cash at bank and in hand**
Cash at bank
Cash in hand
**7 Creditors and accruals**
Creditors
Accruals
Deferred income (see note below for analysis)
**Deferred income**
Christmas Fayre|2023
£
520
1,136
1,656
2023
£
92,763
400
93,163
2023
£
1,754
792
160
2,706
Deferred to
next year
£
160
160|2022
£
190
940
1,130
2022
£
68,734
412
69,146
2022
£
28
740
150
918
Released
from last year
£
150
150|
|---|---|---|
**Item name** Christmas Fayre
## **Reason for deferral**
Money received in advance for the Christmas Fayre.
## **8 Designated funds**
Restoration fund Archive fund Cascade fund
|Balance b/f
£
15,277
97
1,150
16,524|Incoming
£
-
-
-
-|Outgoing
£
1,792
-
450
2,242|Transfers
£
-
-
-
-|Balance c/f
£
13,485
97
700
14,282|
|---|---|---|---|---|
## **Fund name**
Restoration fund Archive fund Cascade fund
## **Reason for designation**
Towards restoration of the park facilities.
Towards building an archive of the history of Beaumont Park. Towards restoration of the 'Cascade' area of the park.
## **9 Funds held as agent**
Photography group
|Balance b/f
£
888
888|Incoming
£
-
-|Outgoing
£
888
888|Balance c/f
£
-
-|
|---|---|---|---|
**Fund name** Photography group
## **Additional information**
Funds held on behalf of the photography group.
11
## Friends of Beaumont Park Ltd
Notes to the accounts continued for the year ended 30 September 2023
## **10 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
12
## Friends of Beaumont Park Ltd
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 30 September 2023
|2023
2022
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
1,677
1,222
Sales
34
86
Membership
95
15
Visitor centre hire
495
530
Refreshment income
25,224
25,715
Event income
5,907
5,769
Group income
7,917
4,856
Fundraising
120
102
Other income
3,052
186
**Total income**
44,521
38,481
**Expenditure**
Refreshment sale costs
6,346
5,157
Insurance
1,953
1,861
Repairs and maintenance
557
565
Cleaning
246
251
Office costs
243
558
Telephone and internet
701
630
Printing
60
-
Equipment
697
760
Independent examination
792
630
Depreciation
1,125
1,096
Miscellaneous expenses
405
126
Events
2,472
2,186
Trailer expenses
198
-
Park works
2,242
2,514
Utilities
2,851
1,622
Group expenses
1,650
1,650
Fundraising
-
23
Professional fees
497
678
Donations
-
1,000
**Total expenditure**
23,035
21,307
**Net movement in funds**
21,486
17,174
**Fund balances brought forward**
74,916
57,742
**Fund balances carried forward**
96,402
74,916|2023
Restricted
funds
£
1,754
-
-
-
-
-
-
-
-
1,754
-
-
-
-
-
-
-
-
-
-
-
-
-
207
-
-
-
-
-
207
1,547
207
1,754|2022
Restricted
funds
£
1,000
-
-
-
-
-
-
-
-
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
793
-
-
-
-
-
793
207
-
207|2023
Total
funds
£
3,431
34
95
495
25,224
5,907
7,917
120
3,052
46,275
6,346
1,953
557
246
243
701
60
697
792
1,125
405
2,472
198
2,449
2,851
1,650
-
497
-
23,242
23,033
75,123
98,156|2022
Total
funds
£
2,222
86
15
530
25,715
5,769
4,856
102
186
39,481
5,157
1,861
565
251
558
630
-
760
630
1,096
126
2,186
-
3,307
1,622
1,650
23
678
1,000
22,100
17,381
57,742
75,123|
|---|---|---|---|---|
13