Charity Registration No. 1160965 (England and Wales)
Company Registration No. CE003745 {England and Wales
CLARE CASTLE COUNTRY PARK TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CLARE CASTLE
COUNTRY PARK

CLARE CASTLE COUNTRY PARK TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Gary Brown
Neil Bagshaw
Jack Dalziel
Mrs M Mer¢h-Chammon
Mis S Drury
Mrs S Eyre
MrA Brader
K Price
(Appointed 1 May 2024)
Charity number
1160965
Principal address
Station Building
Malting Lane
Clare
Sudbury
C010 8NW
Independent examiner
Ensors A[￿oUntantS LLP
Saxon House
Moseley's Farrn Business Cèntre
Fornham All Saints
Bury St Edmunds
IP28 6JY

CLARE CASTLE COUNTRY PARK TRUST
CONTENTS
Page
Trustees, report
Independent examinefs report
stalement of financial activities
Balan￿ sheet
Statement of cash flows
Notes to the financial statements
9.18

CLARE CASTLE COUNTRY PARK TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARGH 2024
The Trustee5 present their annual report and financial statements for the year ended 31 March 2024.
The financial slatetnents have been prepared in accordance with the accnunting policies set out in note 1 to Ihe
financial statements and comply with Ihe Trust's governing document, the Charities Act 2011 and 'Accounting
and Reporting by Charities: Statement of Recommended Practi￿ applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)
(effective 1 January 2019)
Objectlves and activities
The Trust's objects are..
1) To preseNe. protect, maintain and improve the physical and natural environment of Clare Castle
Country Park for the public benefit, interest and enjoyment, including by providing facilities in the
inteiesls of social welfare foi recreation and leisure time occupation, with the objective of impro￿1ng their
ondilions of life,. and
2) To advance the education of the public con￿mIng the history and heritage of Clare Castle Country
Park and its physical and natural atlributes and heritage
There has been no change in these during the year.
The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the
Trust should undertake.
To further the Objectives, Ihe Trust has continued to maintain the Park and its buildings and taken steps to make
irnprovements within the resources available without changing the basic peaceful nature of a country park. In
addition to improving the general ecology of the Park, the Delivery Phase of the National Lottery Heritage Fund
project started in May 2019 and completed in May 2023.
Achiovements and perfomiance
FinanGial ￿VIeW
Grants and the related expenditure (whether tre*ed as 'Restricted' or Unre5tricled' Funds} are VEwed separately
from the operating results The Trustees believe the operating results best reflects the day-t(>day results of
managing the Park.
Accounting Gonventions requires the treatment of capilal expendilure to be dealt wilh in the way shown in these
accounts. However, to a Gasual reader ofthe accounts this could give a misleading view of the ongoing financial
performance of the Trust. This arises from the fact that capital expenditure, covered 1 OOOA by grants. is Irealed
as a fixed asset with onty the depreciation on that expenditure being induded as a cost but the full amount of the
grant being included in the Income and Expenditure account. The result is that in the year the grant is received
and the expenditure is incurred a substantial excess of income over expenditure is shown while in the following
years there can be a sizeable depreciation charge but no grant income. This has no cash implications bul can be
confusing to the average non financial reader of the accounts.

CLARE CASTLE COUNTRY PARK TRUST
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
2023124
2022123
Operating surplus of the general fund
34.378
9,222
Add- Grants
3,876
13,098
34,378
Project costs
Cost capitalised
13,978)
{3,978
(49,876)
153,854
Depreciation
Totsl costs
(50,2S71
{50,2671
{50,267)
153,854)
Net movement in fund$
115,889)
140.756)
It is the policy of the Trust Ihat unrestricted funds which have not been designated for a Specif￿ use should be
maintained at a level equivalent to twelve month's expenditure. The Trustees consider that reseNes at this level
will ensure that, in the event of a significant drop in funding, they will be able to continue the Twst's current
activities while consideration is given to ways in which additional funds may be raised. This level of reserves has
been maintained throughout the year.
Grants
Unrestricted grants re￿iVed in the year totalled £6.319 (2022: £nil). £5,926 (2022.. £nil) was spent in the year.
Restricted grants received in the year totalled £nil12023'. £3,876) with expenditure of £nil (2023.. £53,854}. The
Iwo major projects funded by grants from the National Lottery Heritsge Fund and LEADER (for the Education
Training & Volunteer Centre) require expenditure to be incurred before the grants are paid.
Operating Expgnditure
The work undertaken by West Suffolk Council (grass culling, litter removal, weekly playground Health & Safety
inspedions, tree inspèctions by a qualified arboriculturalist. and general and specific advice on all matters
relaling to the proper management of a country park) is covered by a Service Level Agreement (SLA).
The 'Green Spac£. maintenance Costs (which covers all those things that are noi part of the SLA, such as the
castle maintenance, and work relating to trees, water features, hard surfaces. fences and gates and general park
management).
Support
The Trustees are gralefijl foi the considerable amount of b-me put in by the volunteers. Without this support it
would be impossible to maintain the Park. and make the improvements to the facilities that have been achieved
in the five years 5in¢e the Park was transferred lo Clare.
We would also thank Dedham Vale AONB and Stour Valley Project (including Simon Anstutz and Ernma Black}
and the Environment Agency (including Will Akast) who have given us invaluable advice.
Assots
The freeholds of the land and builéings are held by Clare Town Council and con$¥uentty are not included in the
accounts ofthe Trust.
The fixed asset total is represented by the 'Fixed Asset, Fund within reslricted reserves, lo ring fence the total
costs and subsequent depreciation in to a separate fvnd instead of amalgamating this within other projects.

CLARE CASTLE COUNTRY PARK TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees continue to review the level of Gash reserves and will maintsin fvnds as they see fit to meet the day
to day objectives of the charity-
The major risks to which the Charity is exposed, as identrfied by the Trustees, have been reviewed and systerns
have been established to miligale those risks. They are reviewed every six months.
Since the Trust was formed in 2015 a 'General Resetve, of c£140,000 has been built up. This was possible due
to the considerable amount of time pul in by a few volunteers. The Trustees did not believe that was sustainable
in the mediumilong term and so took steps to recruit paid staff to carry out some of those very lime-
consuming 'management' and 'administrative' roles. This means that the surpluses of £20-30.OOO+pa generated
in the early years will no longer be possible. However. while it may sometimes be a struggle to make a small
surplus the existing 'General Reserves,, the substantial number of volunteers. plu8 the paid staff means the
Trustees have no reservations about the 'going concern, status of the Trust.
The going concern assumption used within the f1nancial statements is considered appropriate given the reseNeS
of the charity, which will support its activities in the foreseeable future. This is discussed further within the
accounting policies.
The Trustee5 will ensure that the charty will continue to meet its charitable objectives for the foreseeable future,
ensuring that the beneficiaries will continue to benefit from its activit18S.
The completion of the National Lottery Heritage Fund project will mean that the major improvements to the park
as set out in the grant application will be completed. This project has involved a huge amount of volLFnteer time
in addition to the running of the Park on a day-to-day basis. On completion of the project it is the Trustees
intention to continue to maintain the Park to meet the sometimes conflicting ecological and visitor demands in the
most appropriate way and lo the highest standard achievable. There are always likely to be improvements that
will require capital expenditure but these will only be implemented rf grants are obtained or operating surpluses
have generated sufficient funds
Structure. govemance and management
The charity is administered by the Trustees.
The accounts are prepared in accordance with applicable accounting standards and comply with the Charities
RegulationslAct.
1) The accounts are prepared on an accrual basis.
2> Staff ￿Sts. During the year Iheie were Ihree part-tirne employees.. a park manager, an administrator and. a
deaner. Everyone else gave their ts-me freely and often do not claim expenses.
3) The Reserves Policy was approved by the Twstees on 30th March 2016 with the aim of having reserves that
roughly equates to the normal expenditure in one year.
4) Two TtUStees or one trustee and the administrator are required to approve any withdrawals from any bank or
savings accounts held by the Trust.

CLARE CASTLE COUNTRY PARK TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Constitution of the Trust sets out how eight Trustees are appointed. Appointments are for four years. Two
are appointed by the Town Council, two by 'Supporters', two by continuing Trustees with the approval ofthe Town
Council and two by continuing Trustees without the need for approval by the Town Council,
The Trustees who served during the year and up to the date of signature of the financial slat8ments were..
Gary Brown
Emma Haslings
Mary Tweèd
Neil Bagshaw
Jack Dalziel
Mrs M Merch-chammon
Mrs S Drury
Mrs S Eyre
MrA Brader
K Price
(Resigned 1 May 2024)
(Resigned 1 May 2024)
(Appointed 1 May 2024)
When a vacancy occurs the Trustees identify the particular skills and experience they believe are needed and
then advertise and interview potential Gandidales before the appropriate group makes the final choi(E. There Is
an induction process that covers a wide range of matters a new Trustee needs to know which includes th8
identification and implementation of any specific training needs.
statement of Trustees. rnsponsibilltles
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practi￿).
The law applicable to charities in England and Wales requires the Trustees to prepare financial staternents for
each finan¢ial year which give a true and fair view of the state ol affairs of the Trust and of the incoming
resoLJrces and application of resources of the Trusl for that year.
In preparing these financial ststements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.,
make judgements and eslimates that are ￿asOnable and prudent.,
slate whether applicable accounting slandards have been lollowed, subject to any material departures
disclosed and explained in the financial statements,. and
prepare the financial statements on the going COn￿M basis unless it is inappropriate to pre8um8 that the
arity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose wilh reasonable accuracy at
any time the financial position of the Trugl and enable them lo ensure that the financial statements Comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of Ihe trust
deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
The Twstees, report was approved by the Board of Trustees on .
61111 ly..
Jack Dalziel
Trustee
Mrs S Eyre
Trustee

CLARE CASTLE COUNTRY PARK TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CLARE CASTLE COUNTRY PARK TRUST
I report lo the Trustees on my examination of the financial ststernents of Clare Castle Country Part( Trust (the Trust)
for the year ended 31 March 2024.
Responsibilities and basis of report
As the Trustees of the Trust you are responsible for the preparation of th& financial statements in accordance with
the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Trust's financial statements carried out under section 145 of the 2011
Acl. In carrying out my examination I have followed all the applicable Directions given by Ihe Charty Commission
under section 145{51(b) of the 2011 Act.
Independent examinerfs ststoment
Your attention is drawn lo the fact that the charity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in a¢cordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 102) in preference to the Accounting and Reporting by Charities: Statemènt
of Recommended Practi￿ issued on 1 April 2005 which is referred lo in the extant regulations but has now been
withdrawn,
l undetstand that Ihis has been done in order for financial statements to provide a true and fair view in accordance
with GenerallyAccepted Accounting Praclice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. l Confirm thal no material matters have come to my attention in connection wilh
the examination giving me cause to believe that in any material respecl..
accounting records were not kept in respect of the Trust as required by section 130 of the 2011 Act,. or
the financial statements do not accord with those records- or
the financial statements do not comply with the applicable requirements conceming the form and contenl of
arKounts set out in the Chaiities (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 examination.
I have no concems 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 financial staletnents to be reached.
Christopher Barrett IFCCA}
Saxon House
Moseley's Farm Business Centre
Fornham All Saints
Bury St Edmunds
IP28 6JY

CLARE CASTLE COUNTRY PARK TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrfcted Restricted
funds
funds
2024
2024
Totsl Unrestsfcted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charitable aGlivilies
other trading aclivities
24,403
109,889
30,944
24,403
109,889
30.944
12,12g
82,974
29,574
3.876
16.005
82,974
29.574
Totsl income
165,236
165,236
124,677
3,876
128,553
Expendtture on:
Charitable activities
130,858
50,267
181.125
115,455
53,854
169.309
Total expenditure
130,858
50,267
181,125
115,455
53,854
169,309
Net incomel(expendfture)
34,378
150,267)
{15.889)
9,222
(49,978)
(40.756)
Transfers between
funds
11
(3,905)
3,￿)5
(101)
101
Not movement in
funds
30,473
(46,362)
(15,889}
9,121
(49,877)
(40,756)
Reconclliation of funds:
Fund balances at 1 April 2023
180,622
871.193
1.051,815
171,501
921,070 1,092,571
Fund balances at 31 March
2024
211,095
824.831
1.035,926
180,622
871.193 1,051,815
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

CLARE CASTLE COUNTRY PARK TRUST
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixod assets
Tangible assets
12
823,744
870,105
Current assets
Stocks
Debtors
Cash at bank and in hand
13
14
2,698
38.655
212,550
1,832
30.281
194.248
253,903
226.361
Creditors: amounts falling due within
one year
15
(41,721)
(44,6511
Net current assets
212,182
181.710
Total assets less current liabilities
1,035,926
1,051.815
The funds of the Trust
Restricted income funds
Unrestricted funds
16
17
824,831
211,095
871,193
180,622
1,035,926
1,051,815
The financial ststeTnents were approved by the Trustees on ...
Jack Dalziel
Trustee
Mrs S Eyre
Trustee

CLARE CASTLE COUNTRY PARK TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating actlvities
Cash generated from operations
21
22.208
48,919
Investing activities
Purchase of tangible fixed assets
13,906}
Net cash used in investing activities
(3,9061
Net cash used in financing actfvities
Net increase in ¢ash and cash equivalents
18,302
48,919
Cash and cash equivalents at beginning of year
194,248
145,329
Cash and cash equivalents at end of year
212,550
194,248

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Clare Castle Country Park Trust is a Charitable Incorporaled Organisation.
The registered office is Station Building, Malting Lane. Clare, Sudbury, C010 8NW
1.1 Accountlng convention
The financial staternents have been prepared in aG¢ordance with Ihe Trust's goveming document, the
Charities Act 2011 and "Accounting and Reporting by Gharities- Statement of Recornmended Practi
applicable to charities preparing their accounts in accoidance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 20191" The Trusl is a Public
Benefit Entity as defined by FRS 102.
The finanaal statements have departed from the Charities (Accounts and Reports) Regulation5 2008 only to
the extent required to provide a true and fair view. This departure has involved following Ihe Statement of
Recommended Prartice for charities applying FRS 102 rather than th8 version of the Statement of
Recommended Practice which is referred lo in the Regulations but which has Sin￿ been withdrawn.
The financial statements are prepared in sterling, which is the fvnclional CLJrrency of the Trust. Monetary
amounts in these financial statements are rounded to Ihe nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time Of approving the financial statements. the Trustees have a reasonable expectation that the Trust
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue lo adopt the going concern basis of aG¢ounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of theii charitable
objectives.
Restricted funds are subject to spe¢ifi¢ conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are sel out in the notes to the financial statements.
1.4 Income
Income is iecognised when the Trust is legally entilled to it after any perfomiants Conditions have been met.
th8 amounts can be measured reliably, and it is probable that incorne will be received.
Cash donations are recognised on ￿ceIpt. Other donations are recognised once the Trust has been notified of
the donation, unless p8rforrnance conditions require deferral of the amount. Income tax recoverable in relation
to donations receivgd under G1ft Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on re￿Ipt or otherwise if the Trust has been notified of an impending distribution. the
amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent
asset,

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policios
(Continued)
1.5 Expenditure
Expenditure is recognised on an accruals basis once there is a legal or constructive obligation to make a
payment to a third party, it is probable that sett18ment will be required and the amount of the obligation be
measured r81iably.
Raising funds ￿MpriSe costs associated with attracting with fundraising costs, sud) as the costs of
fundraising trading and associated costs.
Expenditure on charitable activities comprises of costs incutred by the Charity in the delivery Df its activities
for its beneficiaries.
1.6 Tangible flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net of
depreciation and any Impairment losses.
Depreciation is recognised so as to write off the cost or valuation of asse15 less their residual values over their
useful lives on the following bases-
Property improvement5
Play equipment
Fixtures and ffttings
Over lease term
10 Year straight line
10 Year straight line
The gain or loss arising on Ihe disposa5 of an asset is determined as the difference behmeen the sale proceeds
and the carrying value af the asset, and is recognised in the ststement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the Trust reviews the carrying amounts of its lan9ible assets to determine whether
there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to detemiine the extent of the impaimient loss (rf any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less ¢osts to complete and sell. Cost
comprises direct materials and, where applicable. direct laboLJr costs and those overheads that have been
incurred in bringing the stocks to their present location and condition. Items held for distribution at no or
nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in mad(eting, selling and distribution.
1.9 Cash and cash oquivalents
Cash and cash équivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in ¢urrent liabilities.
10-

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcies
{Contsnued}
1.10 Financial instruments
The Trust has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are re¢ognised in the Trust's balance sheet when the Trust becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial slalements, when
there is a legally enfor￿able right to set off the re¢ognised amounts and there is an inlention to settle on a net
basis or to realise Ihe asset and settle the liability simultaneously.
Basic financial 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 at amortised cost using the effective
Inte￿$1 method unless the arrangement Gonstitutes a financing transaction, where the transaction is
measured at the present value of the fuluie receipts discounted at a market rate of interest. Financial assets
classified as reGeivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the atTangement constitutes a financing transaction, where the debt instrurnent is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
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 non-current liabilities. Trade creditors are recognised initially at
Iransaclion price and subsequently measured al arnortised using the effective inlerest method.
Derecognition of financial liabilities
Financial liabilities are derecognised wtten the Trust's contractual obligations expire or are discharged or
cancelled.
1.11 Employee benofits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
re￿ived.
Termination benefits are reGognised immediately as an expense when the Trust is demonstrably corntnitted lo
terminate the employment ofan employee or to provide termination benefits.
Critical accountlng estimatss and judgements
In the application of the Trust's accounting policies, the Trustees arg required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and Associated assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affeds only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Grants
Membership fees
7,889
6,319
10,195
7,889
6,319
10,195
3,812
3.812
3,876
8,317
3,876
8,317
24,403
24,403
12,129
3,876
16.005
Income from ¢harltable activities
Unrestricted
funds
2024
Unrestricted
funds
2023
Ancillary trading income
Other income
96,758
13,131
75,313
7,661
109,889
82,974
Income from other trading activiti88
Unrestricted UnrestriGted
funds
funds
2024
2023
Fundraising events
Lelling and licensing arrangements
Sponsorships and social lotteri8S
593
27,145
3,206
1,402
25.831
2.341
Other trading activities
30,944
29,574
12

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
Total
2024
Depreciation and impairment
Green spa￿ Service Level Agreement
Green space maintenance
Building maintenance - Buildings
Building maintenance - Toilets
Car Park Service Level Agreement
Expendilure on projects NLHF
Overheads
50,267
16,186
16,913
4,936
15,880
6,047
2,754
68,142
181,125
181.125
Analysis by fund
Unrestricted funds
Restricted funds
130.858
50,267
181,125
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl(creditingl'.
DepreGialion of owned tsngible fixed assets
50,267
49,876
Trustees
Nolle af the Trustees (or any persons connected with them) received any remuneratian or benefits frcffl the
Trust during the year.
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
There were no employees whose annual remuneration was more than £60,000,
13-

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to tts ¢harilable objects.
11 Transfers
A Iransfer of £3,905 {2023'. £Nil) wa5 made trom Unrestticled Funds to the Fixed Asset Restricted Fund.
£Nil {2023: £5,378) was transferred to Unrestricted funds from designated funds. This included tr￿SferS of
£nil, (2023- £5,000) to the Vvater Fund. There were also transfers of £nil {2023. £600), from the National
Lottery Heritage Fund, and Other £Nil {2023'. £378) designated fvnds lo unrestricted funds. These amounts
relatéd to funds over and above the reserves policy, which have been allocated to be used in other projecis in
the park.
Other transfers have been detailed within the Designeled fund note 17 and ReStr￿ted funds note 16, detailing
the movement of reserves during the year.
12 Tangible fixed assets
Proporty
improYem•nts
pray Fixtures and
uipment
littings
Total
Cost
At 1 April 2023
Additions
935,258
35,783
3,904
106,684 1,077,725
3,904
At 31 March 2024
935.258
39.687
106.684
1,081.629
Depreciatlon and Impaimient
At 1 Apiil 2023
Depreciation tharged in the year
151,404
35,630
14.313
3,578
41,901
11,059
207,618
50,267
At 31 March 2024
187,034
17.891
52.960
257,885
Carrying amount
At 31 March 2024
748,224
21,796
53,724
823,744
At 31 March 2023
783,853
21,470
64,782
870.105
13 Stocks
2024
2023
Finished goods and goods for resale
2,698
1,832
14

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Debtors
2024
2023
Amounts falllng due within one year:
Trade debtors
Other debtors
Prepaymenls and accrued income
22,401
4.313
11,941
18,797
1,116
10.368
38,655
30,281
15 Creditors: amounts falllng due within one year
2024
2023
Other taxalion and social security
Trade creditors
other creditors
Accruals and deferred income
142
12,289
5,156
27,064
7,839
3,625
30,257
41,721
44,651
16 Rostricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2023
Incoming
resources
R850urces
expended
Transfers At 31 March
2024
Fixed Assets
Locality
ASDAN
870,106
1,000
87
(50,2671
3,905
823,744
1,000
87
871,193
{50.26n
3,905
824,831
Previous year:
Incoming Resources
resources
expended
Transfers At 31 March
2023
2022
National Lottery Heritage Fund
Fixed Assels
Localty
ASDAN
3,876
(3,977)
{49.87n
101
919.983
1,000
87
870,106
1,000
87
921,070
3,876
53,854
101
871,193
15

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Restricted funds
(Contlnued)
Restricted funds consist of amounts given for a specified purpose for use within the Trust -
National Lottery Heritage Fund - This consisls of amounts received from the National Heritage Lotl8ry Fund to
restore key features of the park and share Clare's heritage.
Fixed Assels - This fund is represented by fixed assets which have been purchased with restricted monies,
The amounts equates to the figure which has been capilalised within fixed assets on the balance sheet.
ASDAN A grant was received from the Frank Jackson Trust to provide outdoor training for students who
were following a limited academic curriculum.
Funds under £2k- There are a number of restricted funds, none ofwhich amount to more than £2,OCN). These
restricted amounts are used for the specified purposes as intended by the donors.
Transfers -
A transfer of £3,905 (2023. £nil) was made from Unrestricled Funds to Ihe Fixed Ass8t Restrict8d Fund.
A transfer of £Nil12023.' £101) was made from the Nationel Lottery Heritage Fund (Restricted) lo Unrestricted
Funds upon the ￿ssation of the projects.
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donalions and grants which are
not subjecl to speofic conditions by donors and grantors as to how they may be used. These indude
designated funds which have been set aside out af unrestricted funds by the trustees foi specific purposes.
At 1 Aprll
2023
Incoming
resources
Resources
expend&d
Transfers At 31 March
2024
Water
other
Castle Walls
Th8 Old Goods Shed
General funds
21,818
13.037
1,000
2,000
142.767
21,818
9,524
1.000
2,LKJO
176,753
6,319
15,92n
(3,905)
158.917
(124,931)
180,622
165,236
(130,858)
{3,905)
211.095
16-

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Unrestricted funds
{Continued)
Previous year.
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 Pdlarch
2023
National Lottery Heritage Fund
Water
Other
Castle Walls
The Old Goods Shed
General funds
600
16,818
12,659
1,000
2,000
138,424
16001
5,000
378
21,818
13,037
1,000
2,000
142,767
124,677
(115,455>
(4,879)
171.501
124,677
115,455
1101)
180,622
D&signated Funds are those the trustees have agreed should be set aside for specific projects or capital
expenditure that would not be part ofth8 ongoing running and maintenance oflhe park-
National Heritage Lottery Fund This consists of the Trust's contribution for the delivery Phase of the National
Lotlery Heritage Fund project.
Water- This fund is in relation to monies set aside for water feature projects within the park.
Other- This fund relates to other projects for which the Trustees have set aside funds for.
Transfers -
A transfer of £3,905 (2023.. £nil) was made from Unrestricted Funds to the Fixed Asset Restricted Fund.
£Nil (2023: £5,378) was transferred to Unrestricted funds from designated funds. This included transfers of
£nil, <2023: £5,000) to the Water Fund. There were also transfers of £nil (2023,. £600), from the National
Lottery Heritsge Fund, and Other £Nil (2023.. £378) designated fvnds to unrestricted funds_ These amounts
related to funds over and above the reserves poliw, which have been allocated to be used in other Fxojects in
Ihe park.
18 Analysis of net assets beiween funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl{liabilities)
823,744
1,087
823,744
212,182
211,Q95
211,Q95
824,831
1,035,S26
17-

CLARE CASTLE COUNTRY PARK TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Analysis of net assets between funds
{Continuedl
Unrestrlcted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current as5etsl(liabilitiesl
870,105
1.088
870,105
181.710
180,622
180,622
871,193
1,051,815
19 Capital commitments
2024
2023
Amounts contracted for bul not provided in the financial statements=
Acquisttion of property. plant 2nd equipment
14,370
20 Related party transactions
There were no disdosable related party transactions during the year12023 - none).
21 Cash generated from operations
2024
2023
Deficit for the year
(15,889>
(40.755)
Adjustments foi".
Depreciation and Impairrnent of tangible fixed assets
50,267
49.876
Movements in WOTking capital..
(Increase) in stocks
(Increase)Idecrease in debtors
(Decrease) in Lyeditors
{Decrease)fincrease in provisions
(866)
(8,374)
(2,930)
{470)
58.379
(10,111)
{8,000)
Cash generated from operations
22,208
48,919
22 Analysis of changes in net funds
The Trust had no material debt during the year.
18