2022-03-31-accounts - Rock Park Trust

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Objecti	v	e	s and	Activ	iti	es
						SORP reference
Summary		ofthe purposes			of	Para 1.17	In the interest ofsocial welfare, to improve
the charity			as set out	in its			the conditions of life for the inhabitants			of
governing		document					Barnstaple without distinction of political,
							religious or other opinions by the provision
							and maintenance ofa ark.
Summary ofthe main activities in relation to those						Para 1.17and 1.19	~	Provision and maintenance of: o parkland for leisure purposes
purposes		for the public						o a children's play area
benefit,	in	particular,		the				o adult gym equipment
activities,		projects or						o public toilets
services	identified in			the				0 sports pitches
accounts.								o public seating
								o a war memorial
								o floral planting
								o a flagpole
							~	Provision ofa refreshment kiosk, leased
								to a commercial provider which
								generates rent income
							~	Maintenance of Rock Park Lodge,	a
								house in the park grounds that is let		to
								a tenant and used by the Town Ranger
								team as a base.
							~	Hire of parkland areas for community
								and commercial events
Statement			confirming			Para 1.18	The trustee, in making decisions about			that,
whether	the trustees			have			has had due regard to the Charity
had regard			to the guidance				Commission's public benefit guidance		when
issued by		the Charity					exercising any powers or duties to which
Commission			on public				the guidance is relevant.
benefit

ou ma c	hoose to include fu	rther statements	where
		SORP reference
Policy on	grant making	Para 1.38	NIA
Policy on including	social investment program related	Para 1.38	NIA
investment

Contribution			An informal	group ofvolunteers known as	group ofvolunteers known as
volunteers	Para	1.38	the 'Friends	of Rock Park' provides a
			source ofsupport and public consultation
			on the management ofthe park.
			The Friends	of Rock Park also undertake
			maintenance	tasks including litter picking
			and light grounds maintenance work.
			The additional support ofthe Barnstaple		in
			Bloom group	has contributed to the
			development	ofthe park this year.
Other			NIA

Achieve	men	ts	formance
			SORP reference
Summary	ofthe main			Rock Park was left in perpetuity as a
achievements		ofthe charity,		Charitable Trust to the Mayor and
identifying	the	difference the		Aldermen of Barnstaple Corporation, their
charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.			Para 1.20	heirs and successors, by William Rock. Today, the Park is owned by Barnstaple Town Council and managed by the Rock Park Trust Management Committee.
				Throughout 2021/22 Rock Park has been
				hired/used by the community for a variety
				of different activities/events —Barnstaple
				Marathon, the Race for Life, and regular
				events such as Parkrun, fitness classes
				and football matches.
				The Park is home to the war memorial and
				hosted the Act ofRemembrance and
				Children's Remembrance Service in
				November.
				Throughout the Covid pandemic the park
				has provided an important place of refuge
				and relaxation for local residents.
				In June, we hosted a fair in the park for	the
				second time. This was a great success
				with many local families enjoying the rides
				and the atmosphere.
				Routine maintenance and management	of
				the park has been carried out inhouse
				throughout the year, including play area
				inspection / repairs, minor park furniture
				repairs, tree works, as well as grass cutting
				and pitch maintenance.
				During the year the Trust has:
				~ Resurfaced some ofthe footpaths.
				~ continued the use ofthe football
				pitches by two youth teams.

You ma	choose to include	further statements	where relevant	about
Achievements objectives set	against	Para 1.41	Maintenance ofthe park continues to be undertaken by the Town Council inhouse
			team following	the withdrawal		from the
			grounds maintenance		contract	at the end of
			2020.
			More involvement by		volunteers has taken
			place with Barnstaple		in Bloom taking
			res onsibilit	for certain flower		beds.
Performance offundraising activities against objectives		Para 1.41	NIA
set
Investment performance against objectives		Para 1.41	NIA
Other			NIA

inanc	i	al Review	al Review	al Review
Review		ofthe charity's				Para 1.21	The trust has achieved		a sustainable
financial		position	at	the end			financial position, it received an annual
ofthe period							grant from	Barnstaple	Town Council,		paid
							in two halves. This is		calculated by the
							council to	ensure it covers the running
							costs ofthe park.
Statement explaining				the		Para 1.22	The Trust	maintains a	level ofgeneral
policy for holding			reserves				reserves that equates		to the running		costs
stating	why they		are	held			ofthe park	of between	four and six	months,
							which provides a significant period			for
							review should income		be delayed or		not
							realised.
Amount		of reserves		held		Para 1.22	F24,250
Reasons		for holding		zero		Para 1.22	Earmarked	reserves are maintained		for
reserves							specific projects or for		unexpected	costs in
							risk areas	such as tree maintenance.			This
							approach	is reviewed	annually in
							considering	the annual	report and
							accounts.
Oetails	offund materially				in	Para 1.24	NIA
deficit
Explanation ofany						Para 1.23	NIA
uncertainties about the
charity	continuing		as a going
concern

You ma	choose	choose	to	include further statements	include further statements	where	relevant about
The charity's		principal				The	main sources offunding are:
sources	offunds (including					~	Grant income from Barnstaple		Town
any fundraising)					Para 1.47	~	Council Rent income from Rock Park Lodge
							and the refreshment kiosk
						~	Other one-off grant applications
						~	Fees for the use offootball	pitches
Investment		policy and				N/A
objectives including				any	Para 1.46
social investment policy
adopted
A description risks facing		of the	the principal charity		Para 1.46	~	Damage through vandalism assets.	of	park
						~	Excessive wear and tear to	play and
							other equipment.
						~	Injury Claims due to lack of
							inspection and maintenance.
						~	Loss oftree stock due to weather
							events or lack ofa planting
							programme.
Other						N/A

Description of charity's
trusts:
Type of governing document		Para 1.25	Trust Deed
How is the charity		Para 1.25	Trust
constituted?
Trustee selection methods		Para 1.25	Barnstaple	Town Council (sole trustee)		is
including details of any			the b'ody corporate
Constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant		about:
Policies and procedures adopted for the induction		Para 1.51	N/A
and training oftrustees
The charity's organisational structure and any wider		Para 1.51	N/A
network with which the
charity works
Relationship with any related parties		Para 1.51	N/A
Other			N/A

Refere	nce and	nce and	Administ	rative detail
Charity	name			Rock Park Trust
Other name		the charity uses		N/A
Registered		charity	number	1154681
Charity's	principal		address	Barum House
				The Square
				Barnsta pie
				EX328LS

	Names oft	he charity trus	tees who manage	the charity
	Trustee name		Office (ifany)	Dates acted ifnot for whole ear	Name ofperson (or body) entitled to a oint trustee ifan
1	Barnstaple	Town Council	Sole Trustee		Barnstaple Town Council

Name oftrustees holding	title to	property bel	onging to the	ch
Trustee name		Dates acted if	not for whole	ear
Funds held as custodian		trustees	on behalf
Description ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own
assets

~	s
									IQ70Z	Total this f	year	Total last f	year
Fixed assets										F01		F02
Tangible assets				(Note 8)					801
									802
Investments				(Note 9)					803
						Total	fixed assets		804
Current assets
Stock and	work in	progress							805
Debtors				(Note 10)					806		841		2,518
(Short term) investments									807
Cash at bank and		in	hand						806	84,329			52,504
					Total current assets				809	85,169			55,022
Creditors:	amounts		falling		due within one
year	(Note	11)							810	2,756			3,708
	Net		current			assetsl(liabilities)			811	82,413			51,314
	Total assets			less current liabilities					812	82,413			51,314
Creditors:	amounts		falling		due after one year
(Note 11)									813
Provisions	for liabilities			and		charges			814
								Net assets	815	82,413			51,314
Funds ofthe Charity
Unrestricted	funds								816	58,163			33,879
Designated	funds								817	24,250			17,435
Total unrestricted		funds								82,413			51,314
Restricted	income	funds		(Note 12)					816
Endowment	funds	(Note		12)					819
							Total funds		820	82,413			51,314
Signed by one or two trustees		trustees on				behalf	of	all the	Signature			Date of approval

					~ ~ ~ ~
Note 2				Accounting policies
This standard list of		accounting policies has been applied by the charity except for				those deleted.		Where a different or
additional policy has			been	adopted then thisis detailedin the box below.
INCOMING RESOURCES
Recognition	of incoming				These are included in the Statement of Financial Activities (SoFA)when;
resources					~ the charity becomes entitled to the resources;
					~ the trustees are virtually certain they will receive the	resources; and
					~ the monetary value can be measured with sufficient	reliability.
Incoming resources		with			Where incoming resources have related expenditure (as	with fundraising		or contract income)
related expenditure					the incoming resources and related expenditure are reported gross in the			SoFA.
Grants and	donations				Grants and donations are only included in the SoFA when the charity has			unconditional
					entitlement to the resources.
Tax reclaims on donations					Incoming resources from tax reclaims are included in the	SoFA at the same time as the gift to
and gifts					which they relate.
Contractual	income and				This is only included in the SoFA once the related goods	or services have		been delivered.
performance	related	grants
Gifts in kind					Gifts in kind are accounted for at a reasonable estimate oftheir value to amount actually realised.		the charity or the
					Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
					distdibuted by the charity.
					Gifts in kind for use by the charity are included in the SoFAas incoming		resources when
					receivable.
Donated services and					These are only included in incoming resources (with an equivalent amount			in resources
facilities					expended) where the benefit to the charity is reasonably	quantifiable, measurable and
					material. The value placed on these resources is the estimated value to the charity ofthe
					service or facility received.
Volunteer help					The value of any voluntary help received is not included in the accounts trustees' annual report.		but is described		in the
Investment	income				This is included in the accounts when receivable.
investment	gains and		losses		This includes any gain or loss on the sale ofinvestments	and any gain or		loss resulting from
					revaluing investments to market value at the end ofthe year.
EXPENDITURE			AND LIABILITIES
Liability recognition					Liabilities are recognised as soon as there is a legal or constructive obligation committing					the
					charity to pay out resources.
Grants with	performance				Where the charity gives a grant with conditions for its payment being a specific level ofservice
conditions					or output to be provided, such grants are only recognised	in the SoFA once the recipient			ofthe
					grant has provided the specified service or output.
Grants payable without					These are only recognised in the accounts when a commitment has been			made and there		are
performance	conditions				no conditions to be met relating to the grant which remain	in the control	ofthe charity.
ASSETS
Tangible fixed assets			for use		These are capitalised ifthey can be used for more than one year, and cost at least E500.					They
by charity					are valued at cost or a reasonable value on receipt.
Investments					Investments quoted on a recognised stock exchange are	valued at market value at the year
					end. Other investment assets are included at trustees' best estimate of		market value.
Stocks and	work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL			TO	OR
DIFFERENT FROM			THOSE
			ABOVE

Note 5	Details ofcertain items ofexpenditure	Details ofcertain items ofexpenditure	Details ofcertain items ofexpenditure
5.1Trustee expenses
Please provide details ofthe amount ofany payment or reimbursement					ofout-of pocket expenses made
to trustees or to third parties forexpenses incurred by		trustees.		Ifno	expenses were paid,
please enter 'None'in the appropriate box(es).
					This year	Last year
Number oftrustees who	were paid expenses
Nature ofthe expenses
Total amount paid
5.2Fees for examination	or audit ofthe accounts
Please provide details ofthe amount paid for any statutory			external scrutiny ofaccounts and other
services provided by your independent examiner orauditor.			Ifnothing		was paid please enter NONE in
the appropriate box(es).
					This year	Last year
						K
Independent examiner's	or auditors' fees for reporting	on the			125	100
accounts
Other fees (for example:	advice, consultancy, accountancy
services) paid to the independent examiner or auditor

Note8			Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
Please complete this			note ifthe charity has any tangible fixed assets
8.1 Cost or	valuation
			Freehold	land	Other land &		Plant,	Fixtures,	Payments	on	Total
			&buildings		buildings		machinery	fittings and	account	and
							and motor	equipment	assets under
							vehicles		construction
Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried
forward
8.2Accumulated		depreciation		and	impairment	provisions
		Basis	SLor	RB	SLor RB		SLor RB	SLor RB	SLor RB
		Rate
Balance brought
forward
Depreciation	charge
for year
Impairment	provisions
Revaluations
Disposals
Transfers'
Balance carried
forward
8.3Net book value
Brought foiward
Carried forward
8.4Revaluation
Ifany fixed	assets have been			revalued please		give details ofthe valuer and			method of	valuation

Analysis ofdebtors	Analysis ofdebtors			Amounts within	falling due one year	Amounts more	falling due after than one year
				This year	Last year	This year	Last year
Trade debtors				225	631
Amounts due	from subsidiary	and associated
undertakings
Other debtors
Prepayments	and accrued income			616	1,888
			Total

					Amounts	falling due	Amounts	falling due after	falling due after
					within	one year	more	than	one year
					This year	Last year	This year		Last year
						F	E
Loans and overdrafts
Trade creditors					2,756	3,708
Amounts	due to subsidiary		and associated
undertakings
Other creditors
Accruals	and deferred	income
				Total