REGISTERED CHARITY NUMBER: 1154681
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
ROCK PARK TRUST

ROCK PARK TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8 to 12
Detailed Statement of Financial Activities
13

ROCK PARK TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report WLth the financial statements of the charity for the year ended
JI March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Rock Park Trust's aim, as set out in its governing document, is that of social welfar¢' to improve the
conditions of life for the inhabitants of Barnstaple without distinction of political, religious or other opinions
by the provision and maintenance of a park.
Significant activities
Its main activities are the..
Provision and Maintenance of..
o parkland for leisur¢ purposes
o a children's play area
o adult gym equipment
o public toilets
o sports Pltche5
o public seating
o a war memorial
o floral planting
o a flagpole
Provision of a refreshment kiosk. l¢ased to a commercial provider which generates rental 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.
The Committee recognises that the principal risks to the trust's activities include-
Damage through vandalism of park assets.
Excessiv¢ wear and tear to play and other equipment.
Injury clatm5 due to lack of inspection and maintenance.
Loss of tree stock due to weather events or lack of a planting programme.
Public benefit
In setting their objectives and planning their activities d¢s¢ribed above, the trustees have had due regard to
the Charity Commission's public benefit guidance when exercising any powers or duties to which the
guidance is relevant.
Volunteers
Barnstaple in Bloom continue to take an active role in the development of the park this year and significant
improvement has been made as they focus on different areas of the park.
Page I

ROCK PARK TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
In 1879 Rock Park was left in perpetuity &s a Charitable Trust to tE]e Mayor and Aldermen of Barnstaple
Corporation, their heirs and successors, by William Rock.
Today, the Park is owned by Barnstaple Town Council and managed by the Rock Park Trust Management
Committee.
In March 2024 an agreement was put in place to enable the Town Council to undertake the day-to-day
operational management of the park- the Rock Park Trust ultimately remains responsible for th¢ park
maintenance.
Throughout 202J124 Rock Park has been hiredlused by the community for a variety of different
activitiesl¢v¢nts - Barnstaple Marathon, the Race for Life, and regular events such as Parkrun, Park Yoga,
fitness classes and football match¢s.
The Park is home to the war memorial and hosted the Act of Remembrance and Children's Remembrance
Service in November.
The Barnstaple Local Lions Club hosted their annual picnic in the park and Rowland's Fair returned, always
a popular event.
In June 2023, an Arnied Forces Day event was held on th¢ football pitches, attended by thousands of local
residents and included many activities, a fly past, and parachute landing on the field by the Red Devils.
Routine maintenance and management of the park is carried out by the Town Council inhouse team
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 two more of the footpaths, including raising one of them to try and help reduce problems of
flooding.
Continued the use of the football pitches by the two youth teams.
FINANCIAL REVIEW
Financial position and principal funding source
The Trust has again achieved a sustainable financial p051tion utilising the £50,000 receipt of an annual grant
from , Barnstaple Town Council paid in two halves. This is calculated by the Council to ensure it covers the
running costs of the park.
Principal funding sources
The main sources of funding are:
. Grant income from BTC
Rental income from Rock Park Lodge and refreshment kiosk
Rental Incoffle from comm¢r¢ial activities such as small fun fairs
Other one-off grant applications
Fees for the use of football pitches
Page 2

ROCK PARK TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Reserves policy
The Trust maintains a level of general unrestricted reserves that equate5 to the running costs of the park of
between four and six months. which provides a significant period for review should income be delayed or
not realised. These reserves have increased from £81,356 at l April 202J to £l10.810 at 31 March 2024.
Designated unrestricted reserves are maintained for specifLC projects 01 for unexpected costs in risk areas
such as tr¢¢ maintenance. This approach is reviewed annually in considering the budget. annual report and
accounts. These reserves have decreased from £21,750 at l April 2023 to £18,750 at JI March 2024
following a transfer of £),000 from the general unrestricted reserve.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity 15 controlled by its governing document, a deed of trust and constitutes an unincorporated
charity.
The charity is also governed by a Scheme of Delegation (Management Agreement) between Barnstaple
Town Council and the Rock Park Trust Management Committee dated 6 March 2024.
Recruitment and appointment of new trustees
Barn5tapl¢ Town Council 15 the body corporate and sole trust¢¢ entitled to appoint memb¢rs onto the
Management Committee.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1154681
Principal address
Barnstaple Town CouncKI
Barum House
The Square
BARNSTAPLE
EX32 8LS
Trustees
Bamstaple Town Council
Independent Examiner
Mr A P Kennard FCCA
Stevens & Willey
Chartered Certified Accountants
Grenville House
9 Boutport Street
Barnstaple
Devon
EX31 ITZ
Page 3

ROCK PARK TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Management Committee
Members of Barnstaple Town Council (B TC) forni a Management Committee. Current members and other
details relating to the Committee can be found at:
https.'//barnstapletowncouncil.moderngov.co.uk/mgCommitteeDetails.aspx?ID-138
The role of the Management Committee acting on behalf of BTC who meet four times a year is to:
Undertake management of the Trust and responsibilities of the Rock Park Trust Deed of 4th February 2008.
Approve the Annual Return to the Charity Commission.
. Approve the Rock Park Management Plan.
Delegate the maintenance of Rock Park to Barnstaple Town Council.
The Management Committee delegate day-to-day management of the Trust to Mr R J Ward, Town Clerk of
BTC (Clerk to the Committee).
Approved by order of the board of trustees on
702
and signed on its behalf by..
Trustee
Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ROCK PARK TRUST
Independent examiner's report to the trustees of Rock Park Trust
I report to the charity trustees on my examination of the accounts of Rock Park Trust (the Trust) for the year
ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission
under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirni that no material matters have come to my attention in
Connection with the examination giving me cause to beEieve that in any material respect-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
th¢ accounts do not accord with those record5- or
the accounts do not comply with the applicable requirements concerning the forni and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an independent
examinatioTh.
I have no concerns and have Come across no other matters in connection with th¢ examination to which
attention should be drawn in this report in order to enable a prop¢r understanding of the accounts to be
reached.
Mr A P Kennard FCCA
The Association of Chartered CertifIed Accountants
Stevens & Willey
Chartered Certified Accountants
Grenville House
9 Boutport Street
Barnstaple
EX)1 ITZ
Dat¢:.....Ll. .... ..... ...................
Page 5

ROCK PARK TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
JNCOME AND ENDOWMENTS FROM
Donations and legacies
50,000
50,000
Charitable activities
13,500
13,010
Total
63,500
EXPENDITURE ON
Charitable activities
Charitable activities
37,046
42,317
NET IIYCOME
26,454
RECONCILIATIOIY OF FUNDS
Total fund5 brought forward
103,106
82,41i
TOTAL FUNDS CARRIED FORWARD
129,560
103,106
The notes on page O form part of these financial statements
Page 6

ROCK PARK TRUST
BALANCE SHEET
31 MARCH 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
CURRENT ASSETS
Debtors
Cash at bank
4,961
132,916
2,197
101,872
137,877
104,069
CREDITORS
Amounts falling due within one year
(8,317)
NET CURRENT ASSETS
129,560
10),106
TOTAL ASSETS LESS CURRENT
LIABILITIES
129,560
10),106
NET ASSETS
129,560
Ioi,106
FUNDS
Unrestricted funds
129,560
IOi.106
TOTAL FUNDS
129,560
IOJ.106
The fjnancial statements were approved by the Board of Trustees and authorised for issue on
..¥..l..i...l...boY.<. and were signed on its behalf by..
Trust¢e
Trustee
The notes on page O forni part of these financial statements
Page 7

ROCK PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUY4TING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to chatities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, aiid the Charities Act 201 l. The financial statements
hav¢ b¢en prepared under th¢ historical cost convention.
Income
All incom¢ is recognised in the Statement of Financial Activities once the charity has entfttlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognis¢d as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs Cannot be directly attribut¢d to particular headings they have
been allocated to activities on a basis consistent with the use of Tesources.
Taxation
Th¢ charity is exempt from tax OTh its charitable activities.
Fund accounting
Unrestricted funds can be used in accordanc¢ with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanatiorA of the nature and purpos¢ of each fund is included in the notes to the financial
statements.
Page 8
continued...

ROCK PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
CHARITABLE ACTIVITIES
2024
2023
Kiosk rent
Lodge rent
Park hire
Sports pitch income
Miscellaneous income
2,700
2,500
7,000
1,300
2,700
2,500
6,810
900
loo
13,500
13,010
INDEPENDENT EXAMINERS REMUNERATION
2024
Independent examination fees - paid
Independent eyamination fees - accrued
125
750
125
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March ?024 nor for the
year ended 31 March 202J.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricte
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
50,000
Charitable activities
13,010
Total
EXPENDITURE ON
Charitable activities
Charitable activities
42.317
NET INCOME
20,693
Page 9
continued...

ROCK PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricte
funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
103,106
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
225
4,736
225
1,972
4,961
2,197
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Other creditors
7,567
750
963
8,317
963
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Designated fund
81J56
21,750
26,454
3,000
{3,000)
110,810
18,750
103,106
26,454
129.560
TOTAL FUNDS
103.106
26,454
129,560
Page 10
continued...

ROCK PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows-
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
63,500
(37,046)
26,454
TOTAL FUNDS
63,500
(37,046)
26,454
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
Designat¢d fund
58,163
24,250
20,693
2.500
(2.500)
21.750
82.413
20,693
103.106
TOTAL FUNDS
20,693
IOi.106
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
63,010
(42,317)
20,693
TOTAL FUNDS
63,010
(42,317)
20,693
Pagell
continued...

ROCK PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
between
fl￿dS
At
31.i.24
At 1.4.22
Unrestricted funds
General fund
Designated fund
58,163
24,250
47,147
5,500
(5,500)
110.810
18,750
82,413
47,147
129,560
TOTAL FUNDS
82,413
47,147
129,560
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
G¢neral fund
126,510
(79,36J)
47,147
TOTAL FUNDS
126,510
(79.363)
47,147
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 12

ROCK PARK TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
INCOME AND ENDOWMENTS
Donations and legacies
Grants
50,000
50,000
Charitable activities
Kiosk rent
Lodge rent
Park hire
Sports pitch income
Miscellaneous income
2,700
2,500
7,000
1,300
2.700
2,500
6,810
900
Loo
13,500
Total incoming resources
63,500
6i,010
EXPENDITURE
Charitable activities
Electricity - toilet block
Gas
Wat¢r- toilet block
Park maintenance
Tree felling
Lodge repairs
Ki05k rates
Cleaning
Security
2,836
986
1,617
14,327
3,220
286
187
10,542
1,610
1.600
985
20,920
709
210
9,730
1.610
35,611
Support costs
Governance costs
Independent examination fees
Sundries
Legal fees
875
70
490
125
106
1,435
804
Total resource5 expended
37.046
42,317
Net income
26,454
This page does noi form part of the Statutory financial stY¢tements
Page 13