2024-09-30-accounts - Friends Of Beaumont Park Ltd

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Friends of Beaumont Park Ltd

Charity number 1129268

A company limited by guarantee number 06834350

Annual Report and Financial Statements

for the year ended 30 September 2024

Friends of Beaumont Park Ltd

Annual Report and Financial Statements for the year ended 30 September 2024

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

Friends of Beaumont Park Ltd

Trustees' report for the year ended 30 September 2024

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 Julie Dempster Chair Timothy Wilkes Treasurer Christopher Connally David Rudd John Stevenson Andrew J Coomber Joanne McDonald Abigail C Steele Andrew Steele Charity number 1129268 Registered in England and Wales Company number 06834350 Registered in England and Wales 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.

Friends of Beaumont Park Ltd

Trustees' report (continued) for the year ended 30 September 2024

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, National Play 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 2 social media platforms – Facebook 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 are regularly oiled and painted where necessary.

Beaumont Park won the 2024/2025 Green Flag Award yet again with the highest number of points in any Kirklees Park. We are grateful to John Mason, Senior Kirklees gardener and Simon Bottomley.

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 have consulted the community, commissioned, project managed and fully paid for a replacement for the wooden play area. This was done to provide a safe area for very young children who were overwhelmed by the number of older children on the current play area. We also paid for major repair works to the main play area where the surface was worn and dangerous.

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.

Friends of Beaumont Park Ltd

Trustees' report (continued) for the year ended 30 September 2024

Financial review

The net income for the year was £14,867, including net income of £16,621 on unrestricted funds and net expenditure of £1,754 on restricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £99,781.

Within the reserves there is a total of £12,832 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. The purpose of retaining reserves is to enable the smooth running of the charity and to enable an orderly winding up should the charity need to close.

In practice, reserves have been much higher than this for some years. This is mainly because of the continuing success of fund-raising events coupled with delays in being able to get projects done. Reserves will drop substantially in the next accounting year because of the payment for the new playground and repairs to the existing one.

Friends of Beaumont Park Ltd

Trustees' report (continued) for the year ended 30 September 2024

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 28/02/2025

Julie Dempster (Trustee)

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 2024, 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

06/03/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Friends of Beaumont Park Ltd

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 30 September 2024

Notes 2024 Unrestricted funds £ Income from: Grants and donations (2) 1,392 Sales 174 Membership 50 Visitor centre hire 4,175 Refreshment income 26,252 Event income 2,064 Group income 2,292 Fundraising - Other income 3,039 Profit on sale of fixed asset 550 Total income 39,988 Expenditure on: Refreshment sale costs 6,487 Insurance 2,215 Repairs and maintenance 651 Cleaning 241 Office and other costs 389 Telephone and internet 747 Printing 26 Equipment 694 Independent examination 870 Depreciation 1,715 Events 2,478 Trailer expenses 67 Park works 1,969 Utilities 3,144 Group expenses 1,674 Professional fees - Total expenditure 23,367 Net income / (expenditure) 16,621 Fund balances brought forward 96,402 Fund balances carried forward (3) 113,023	2024 Restricted funds £ 2,000 - - - - - - - - - 2,000 178 - - - - - - - - - 1,822 - 1,754 - - - 3,754 (1,754) 1,754 -	2024 Total funds £ 3,392 174 50 4,175 26,252 2,064 2,292 - 3,039 550 41,988 6,665 2,215 651 241 389 747 26 694 870 1,715 4,300 67 3,723 3,144 1,674 - 27,121 14,867 98,156 113,023	2023 Total funds £ 3,431 34 95 495 25,224 5,907 7,917 120 3,052 - 46,275 6,346 1,953 557 246 648 701 60 697 792 1,125 2,472 198 2,449 2,851 1,650 497 23,242 23,033 75,123 98,156

All incoming resources and resources expended derive from continuing activities.

Friends of Beaumont Park Ltd

Balance sheet

as at 30 September 2024 2024 Unrestricted £ Fixed assets Tangible assets (4) 13,242 Total fixed assets 13,242 Current assets Stock 834 Debtors and prepayments (5) 1,741 Cash at bank and in hand (6) 98,381 Total current assets 100,956 Current liabilities: amounts falling due within one year Creditors and accruals (7) 1,175 Total current liabilities 1,175 Net current assets 99,781 Net assets 113,023 Funds Unrestricted funds General unrestricted funds 100,191 Designated funds (8) 12,832 Unrestricted funds 113,023 Restricted funds - Total funds 113,023	2024 Restricted £ - - - - - - - - - - - - - - -	2024 Total £ 13,242 13,242 834 1,741 98,381 100,956 1,175 1,175 99,781 113,023 100,191 12,832 113,023 - 113,023	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

For the year ending 30 September 2024 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 28/02/2025

Julie Dempster (Trustee)

Friends of Beaumont Park Ltd

Notes to the accounts

for the year ended 30 September 2024

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

l t

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

Stock

Stock is valued at the lower of cost and net realisable value.

Friends of Beaumont Park Ltd

Notes to the accounts

for the year ended 30 September 2024

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.

Friends of Beaumont Park Ltd

Notes to the accounts continued

for the year ended 30 September 2024

2 3 4 5	Grants and donations Kirklees Council Trevor Dyson donation Other donations Restricted funds Trevor Dyson Donation Kirklees grant Fund name Trevor Dyson Donation Kirklees grant Tangible assets Cost At 1 October 2023 Additions Disposals At 30 September 2024 Depreciation At 1 October 2023 Depn reversed re disposals Charge for year At 30 September 2024 Net book value At 30 September 2024 At 30 September 2023 Debtors and prepayments Debtors Prepayments	2024 Unrestricted funds £ - - 1,392 1,392 Balance b/f Incoming £ £ 1,754 - - 2,000 1,754 2,000 Purpose of restriction £ £ 22,132 6,970 - 6,630 - - 22,132 13,600 22,132 2,779 - - - 696 22,132 3,475 - 10,125 - 4,191 Park installations Towards work in the garden. Towards the play project. Storage container & refreshment trailer	2024 Restricted funds £ 2,000 - - 2,000 Outgoing £ 1,754 2,000 3,754 £ 2,490 - (1,428) 1,062 2,490 (1,428) - 1,062 - - Wedding facilities	2024 Total funds £ 2,000 - 1,392 3,392 Transfers £ - - - £ 9,084 2,954 - 12,038 7,902 - 1,019 8,921 3,117 1,182 2024 £ 619 1,122 1,741 Equipment	2023 Total funds £ - 1,754 1,677 3,431 Balance c/f £ - - - Total £ 40,676 9,584 (1,428) 48,832 35,303 (1,428) 1,715 35,590 13,242 5,373 2023 £ 520 1,136 1,656

Friends of Beaumont Park Ltd

Notes to the accounts continued

for the year ended 30 September 2024

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	2024 £ 97,841 540 98,381 2024 £ 46 1,049 80 1,175 Deferred to next year £ 80 80	2023 £ 92,763 400 93,163 2023 £ 1,754 792 160 2,706 Released from last year £ 160 160

Item name Reason for deferral Christmas Fayre Money received in advance for the Christmas Fayre.

8 Designated funds Restoration fund Archive fund Cascade fund Fund name Restoration fund Archive fund Cascade fund	Balance b/f Incoming Outgoing Transfers £ £ £ £ 13,485 - 1,450 - 97 - - - 700 - - - 14,282 - 1,450 - 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.	Balance c/f £ 12,035 97 700 12,832

9 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.

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 2024

2024 2023 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 1,392 1,677 Sales 174 34 Membership 50 95 Visitor centre hire 4,175 495 Refreshment income 26,252 25,224 Event income 2,064 5,907 Group income 2,292 7,917 Fundraising - 120 Other income 3,039 3,052 Total income 39,988 44,521 Expenditure Refreshment sale costs 6,487 6,346 Insurance 2,215 1,953 Repairs and maintenance 651 557 Cleaning 241 246 Office and other costs 389 648 Telephone and internet 747 701 Printing 26 60 Equipment 694 697 Independent examination 870 792 Depreciation 1,715 1,125 Events 2,478 2,472 Trailer expenses 67 198 Park works 1,969 2,242 Utilities 3,144 2,851 Group expenses 1,674 1,650 Professional fees - 497 Total expenditure 23,367 23,035 Net movement in funds 16,621 21,486 Fund balances brought forward 96,402 74,916 Fund balances carried forward 113,023 96,402	2024 Restricted funds £ 2,000 - - - - - - - - 2,000 178 - - - - - - - - - 1,822 - 1,754 - - - 3,754 (1,754) 1,754 -	2023 Restricted funds £ 1,754 - - - - - - - - 1,754 - - - - - - - - - - - - 207 - - - 207 1,547 207 1,754	2024 Total funds £ 3,392 174 50 4,175 26,252 2,064 2,292 - 3,039 41,988 6,665 2,215 651 241 389 747 26 694 870 1,715 4,300 67 3,723 3,144 1,674 - 27,121 14,867 98,156 113,023	2023 Total funds £ 3,431 34 95 495 25,224 5,907 7,917 120 3,052 46,275 6,346 1,953 557 246 648 701 60 697 792 1,125 2,472 198 2,449 2,851 1,650 497 23,242 23,033 75,123 98,156