ALDBOURNE RECREATION AND SPORTS CENTRE (ARC)
TRUSTEES ANNUAL REPORT
FOR THE PERIOD FROM 2[ND] APRIL 2023 TO 1[ST] APRIL 2024
The trustees present their annual report together with the financial statements for the year ended 1 April 2024.
Charity details
Charity name: Aldbourne Recreation and Sports Centre (ARC)
Constituted as: Association Charitable Incorporated Organisation (Association CIO)
Registered: 2nd April 2015
Charity Commission number: 1161160
Correspondence address: C/o The Community Junction, 16 The Square, Aldbourne , SN8 2DU
Registered address: C/o The Community Junction, 16 The Square, Aldbourne , SN8 2DU
Bankers: Lloyds bank plc
Trustees
Alastair Greener (Chair)
Christopher Davies
Peter Pengilly
Michael Rodd
Trustee Selection: Elected by trustees and members
Charity’s purpose
As set out in the charity’s constitution the charity’s aim is to promote for the benefit of the inhabitants of Aldbourne in Wiltshire and the surrounding area, the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
In furtherance of these aims the trustees have decided that the aims can best be met by the construction and operation of a community facility offering sports and leisure facilities on the land in the village of Aldbourne known as Palmer’s Field.
Activities
Following the consultations in the village during 2022 for the development on our 3-hectare site on what is called Palmer’s Field the Trustees’ collated the feedback from the public and the Parish Council. The site layout plans were revised and amended during this year and represented to the Parish Council in May 2023.
In September Parish council unanimously agreed to support the charity’s proposal for the development of the field. Following this the Trustees set about finding a planning consultant to help them with the next stage of the project – to seek planning permission to develop the site in to sport and recreational facilities for the village of Aldbourne.
At the beginning of 2024 the trustees started working with Alison Whalley of RAW Planning to develop pre planning application for the project.
In the meantime, the Trustees continued to refine budget forecasts and have conversations with potential funders and other similar projects. During the year the charity also continued to keep the community informed of updates and ran a couple of events to raise more funds.
In to 2025 the Trustees will focus on expanding the core team and maintain contacts with possible funders both locally and further afield. More events will be held to continue their intermediate funding needs.
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, 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 estimates that are reasonable and prudent;
• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Alastair Greener
On behalf of the trustees
30 January 2025
Aldbourne Recreation Centre IARC)- Charity Number 1161160 Income and Expenditure Account from 2nd April 2023 to 1st April 2024 2023 24 2022 Income Fundraising Donations Membership subscriptions Gift Aid received Other income 361 150 596 173 175 125 687 569 170 172 Totsl Income 1452 1726 Ex nditure Architects fees etc InfrastructL¢re Fees Sundry expenses Insurance Communications 1200 596 34 385 98 401 109 Total Expendlture Surpluslldefititl for the perlod 1106 1718 346 Statement of Funds in Hand Bank balance 3t beginning of period Cash in Hand at beginning of period Total funds at beginning of period Surpluslldeficitl in the period 9583 9575 9583 346 9575 Total funds at end of period 9929 9583 Made up of - Bank Cash 9929 9583 9929 9583 Accounting pollcSes These accounts have been prepared using applicable accounting standards on a receipts and payments basis Approved bythe Trustees on 3011ts2s Christopher Davies Alastair Greener