FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION REGISTERED CHARrrY NO 1169907 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION CONTENTS Page Trustees, Annual Report Independent Examiners. Report Ststemenl of Financial Activities Balance Sheet Notes lo the Financial Stsiemenls 8-11
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their report and unaudited financial slalemenls for the year ended 31 December 2023. Roference and Admlnlstratlve Inforniation Charity name.. Friends of North Lodge Park Cromer Charity registration number- 1169907 Operational Address.. 6 The Warren Cromer Norfdk NR27 OAR Tel.. 01263 515453 Trustees: J Bond (Co-chairman} S W Baker Ico-chairmanl Mrs J Bond Mrs V Mccampling Bankers: Barclays Bank PIC 8arclays Direct Leicester Leicestershire LE87 28B Independent Examiner.. Tony Larner Chartered Certrfied Accounlanls 23 Station Road Sheringham Norfolk NR26 8RF
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION TRUSTEES. ANNUAL REPORT CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report together with the financial slalements of Friends of North Lodge Park Cromer Ilhe charityl for the year ended 31 December 2023. STRUCTURE GOVERNANCE AND MANAGEMENT CONSTITUTION The principal aim of the charity is to protect, enhance and promote North Lodge Park Cromer 8s a plaGe of recreation and enjoyment for the long term benefit of the Ioc81 communAty and visitors. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The Friends of North Lodge Park Cromer became a registered charity. number 1169907, on 26 October 2016., the charity uses the standard Foundation Model Conslitulion. The management committee, which was disbanded in April 2022, elected the initial five Charity Trustees in October 2016. As detailed in the conslilulion, future Trustees will be appointed by a resolution passed al a properly convened meeting of the charity Trustees. ORGANISATIONAL STRUCTURE AND DECISION MAKING The management of the charity is the responsibility of the Trustees. The Trustees for the Friends of North Lodge Park Cromer are responsible for all decision making for the charity. OBJECTIVES AND ACTIVITIES POLICIES AND OBJECTIVES The aim of the charity is to protect, enhance and promote North Lodge Park 8S 8 place 0fr8cr8aln and enjoyment for the long term benefit of the Ioc81 community and visitors. The Park is owned and managed by North Norfolk District Council INNDCI. The Friends of North Lodge Park work wth NNDC lo achieve the objectives. The Principle Objectives are.. For Ihe benefft of the local ¢ommunity and visitors of Cromer Norfolk and the surrounding district., lo provide and assist in the provision of facilities for recreation ané other leisure interests of social welfare with the object of improving the conditions of lrfe for the community and visitors of the area of benefit without distinction of sex or of political, religious or other opinions in particular bul not exclusively by the preservation, promotion, SUPKK)rt, assistance and improvement of North Lodge Park. To promote for the benefit of the public the conservation protection and improvement of the physical and natural ellvironmenl of North Lodge Pafk. To assist other charitable organisalions in the local area whose area of benefit is the district of Cromer and the surrounding area. In 2022 the Friends of North Lodge Park refocused ils operation towards the management of the Park and relinquished ils lease of the North Lodge TeaTooms. PRIORITIES The Friends, Charity has drawn on public consultations {Spring 2015 and Spring 20161 lo set prioritie5. These consultations provided a clear overview of the wishes of the community about the Park. and helped sel the following priorities for the group.. Well maintained allraclive gardens and lawns. Events for all ages, within the nature of the Park. Improve and update the facilities in the Park, especially play opportunities for children.
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATEO ORGANISATION TRUSTEES, ANNUAL REPORT CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 FINANCES The charity operates under the following financial policies.. Money will be focused onlo major projects lo make signrficant improvements lo the Park. Investment priorities will be determined by community consultations,. Currenl pn'orities are to improve the flower beds, create more opportunities for play and run events. Events organised in the Park will be inclusive, free where possible. Reserves of £15,000 will be alli)cated lo enable the charity lo continue if other income sources are not available. The charity registered for VAT in 2020. There was little financial movement during the year. OMMUNrrY The Friends, group was founded in October 2014, formally consliluled in March 2015 as a community group, becoming a charity in October 2016. The charity is overseen and managed by 5 trustees. There are around 20 volunteers taking an active part in the charity, with signrficant support from the commLJnity. The community is normally kept involved with the charity through social media (Facebook), a website, regular newsletters, regular events. The Trustees have struggled lo keep these links operational due to an existing lack of skill sets within the charity bul recognises their importance to the communication of the Friends work and is working to reintroduce them as soon as possible. PARK GARDENS The one constant priority from the community for the Park is for the flower beds and gardens lo look as good as possible. The Friends, group have an agreement with NNDC lo restore, develop and maintain the Rose-Garden, flower borders around the café and the borders in the clock garden. There is a core of 10 volunteers working in the gardens, with other members of the community helping occasionally. During 2023 the pool of volunteers, which had been reduced following the pandemic. gradually increased as volunteers relumeé lo work in the gardens, in a Covid safe environment. These dedicated teams usually lallhough not exdusively) meet on Mondays and Fridays. NLP HARD STANDING OLD TENNIS COURTS The Friends and Cromer Town Council submitted a successful partnership bid in 2022 to North Norfolk District Council lo lease and operate the hardslanding area (old tennis courts and bandslandl to the south of the park which the District Council recognised as being an undeTutili5ed asset and a poorly maintained part of the park for many years. The submission allowed for a range of activities including a polytunnel for the Friends lo expand ils growing and horticultural Instruction opportunities, a community Shed, community food exchange, and an area for activity and performance and occasional fairs and markets. The Town Council sel up a joint working party with the Friends and other community partners to oversee the project. The development of the project in conjunction with other community partners, under the leadership of the Town Council, and the preparation of a resubmitted planning application has formed a substantial element of the Trustees work during the year. In September 2023 the planning application was approved by NNDC. Since approval the project has stalled, whilst the Town Council ¢onsiders ils options. This has been a frustrating period for the Trustees and other partners, which have been ready to move forward with its plans.
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION TRUSTEES. ANNUAL REPORT CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 EVENTS In summer 2023 two outdoor theatre events were held - {MFdsummers Night Dream and Alice Through Ihe Looking Glass). Both performances were well received although Ihe18ck of provision of public toilets and access lo electrical pOnIS will impact on the ability of the Trustees to pul on future events. Other fundraising events were supported by local bands such as the Walker Brothers which once again proved lo be successful. The Friends also put on a series of successful fundraising activities and events throughout the year including Sunflower and Pumpkin competitions and a series of children's activrties. All these actsvities were organised by the Trustees other volunteers. ORGANISATIONAL STRUCTURE AND POLICIES Two Iruslees, who have provided oulslanding service over the years have stood down to be Teplaced by new trustees. The Trust is now well set up to work towards ils objectives. Recruilmenl of key skill sets lo cover PR, social media and grant fvnding is being addressed. FINANCIAL REVIEW GOING CONCERN After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial slalemenls. Further detsils regarding the adoption of the going concern basis can be found in the Accounting Policies. REVIEW OF ACTIVITIES See the financial statements. PLANS FOR THE FUTURE FUTURE DEVELOPMENTS The Friend's will continue to work towards its key objectives relating to the physical maintenance and developments within the Park. The Friends, will action ils element of the community project to develop the hardslanding (old tennis courtsl and work with its community partners Isubject to the Town Council's direction) or consider alternatives rf necessary. Initiate 8 campaign to increase the number of volunteers. This report was approved by the Trustees on 16 May 2024 and signed on their behalf by.. J Bond Trustee S W 8aker Trustee
FRIENDS OF NORTH LODGE PARK ROMER CHARITABLE INCORPORATED ORGANISATION INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF FRIENDS OF NORTH LODGE PARK CROMER FOR THE YEAR ENDED 31 DECEMBER 2023 We report on the accounts of the charity for the year ended 31 December 2023, which are sel out on pages 61011. RESPECTIVE RESPONSIBIL lEs OF TRUSTEES AND EXAMINER The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for Ihis year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility lo.. examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general directions gNen by the Charity Commission under secl¢on 14515llbl of the 2011 Act,. and to state whether particular matters have come to our attention BASIS OF INDEPENDENT EXAMINERS. REPORT Our examination was caryied out in accordance with the general directions given by the Charity Commission. An examination includes a feview of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matteTS. The procedures undertaken do not proVe all the evidence that would be required in an audit and consequently no opinion is given 85 to whether the accounts present a 'lrue and faif view and the report is limiled lo those matters set out in the ststement below. INDEPENDENT EXAMINERS, STATEMENT In connection with our examination, no material matters have come lo our attention which gives us cause to believe that. in any material aspect: the accounting records were not kept in accordance with section 130 of the 2011 Act., or the aGcounts did not accord lo the accounting re¢ords,' or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter consi¢Jered as part of an independent examination. We have no concerns and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accourbls lo be reached. Tony Larner Chartered Certrfied Aontsts 23 Station Road Sheringham Norfolk NR26 8RF 16 May 2024
FRIENDS OF NORTH LODGE PARK CROMER CHARrrABLE INCORPORATED ORGANISATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Notos Ggngral Designated Fund Fund 2023 Total 2022 Total INCOMING RESOURCES Donations and legacies Charitable activities Income from investments 20 1.501 427 20 1.501 427 600 7,736 43 TOTAL INCOMING RESOURCES 1.948 1,948 8.379 RESOURCES EXPENDED Charitable activities Governance costs 9,761 9.761 4.286 Total resourcès expénded 9.761 9.761 4,286 NET INCOMING RESOURCES {7,813} 17,8131 4.093 Total fvnds al 1 January 2023 62,535 62.535 58,442 Transfer been funds TOTAL FUNDS AT 31 DECEMBER 2023 54,722 54,722 62,535 The statement of financial activities includes all gains and105ses recognised in the year. The notes on pages 8 10 11 form part of these financial statements.
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION REGISTERED CHARITY 1169907 BALANCE SHEET AS AT 31 DECEMBER 2023 Notes 2023 2022 FIXED ASSETS Tangible assets 570 762 CURRENT ASSETS Cash al bank and in hand Debtors 54.152 61,631 142 54.152 61,773 CREDITORS.. amounts falling due wthin one year NET CURRENT ASSETS 54,152 61,773 NET ASSETS 54,722 62,535 CHARITY FUNDS Unreslricled funds Designated funds 54,722 62,535 54,722 62,535 The financial statements were approved by the Trustees on 16 May 2024 and signed on their behalf by.. J Bond Trustoe S W Bakgr Trustee The notes on pages 8 to 11 form part of these financial stalemenls.
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding period. (a) Basls of accountlng The financial statements have been prepared under Ike historical cost convention and in accordance with the Slalement of RecomrTiended Practice ISORPI, 'Accounling and Reportin9 by Charities., preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 ar)d with the Charities Act 2011. The policies applied under the entity's previous accounting framework are not materially different lo FRS 102 and have not impacted on the surplus or deficit. Ibl Fund aCUnting Unrestricted funds are availaEAe for use at the discretion of the Trustees in furtherance of the general obj'ectives of the charity. Designated funds, which form part of the unreslricled fLSnds, are funds assigned by the Trustees for a particular purpose or project. Reslricled fund5 are subject lo restrictions on Iheir expenditure imwsed by the donor Of through the terms of an appeal. (c) Incoming resources All incoming resources are inclLtded in the statement of finarrial activities en the charity is entitled lo the income and the amount can be quantrfied wth reasonable accuracy. The following specific pdicies are applied to particular categories of income.. Voluntary income is received by way of grants, donations and grfts and is induded in full in the Sialemenl of Financial Actwilies then receivable. Investment income is included when receivable. ItKoming resources from charitable trading activity are accounted for when earned. Incoming resources from grants, where related to performance and specific ddiverables, are accounted for as the charity earns the right to consideration by ils perforniance. Idl ReSoUrS expended Expenditure is recognised on an accruals basis as a liability is Trncued. Charitable expenditure comprises those costs incurred by the charity in the delivery of ils activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those of an indirect nature necessary lo support them. Governance costs include those costs associated with meeting the constilulional and slalulory requirements of the charity an(1 indude accountancy fees and costs linked lo the strategic management of the charity. All costs are allocated between the expenditure CategleS of the Statement crf Financial Activities on a basis designed to refiecl the use of the resource. {el Tangible fix asset Tangible fixed assets are slated al cost less depreciation. Depreciation is provided at rates calculated lo write off the cost of fixed assets, less their estimated residual value, over their estimated useful lives as follows.. Plant and maGhinery- 25tykn reducing balance
FRIENDS OF NORTH LODGE PARK CROMER CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 General Designated Fund Fund 2023 Total 2022 Total 2. DONATIONS AND LEGACIES Café donation Other donations Cromer Town Council grants 259 91 250 20 20 20 20 600 CHARITABLE ACTIVITIES ice Through The Looking Glass Bench appeal Christmas tree festival Cookbook Park events Pl8nl sales Pumpkins Sundry income 100 3,400 34 861 628 2.669 88 56 389 764 175 50 23 389 764 175 23 1.501 1,501 7,736 INCOME FROM INVESTMENTS Bank interest received 427 427 43 Charltable Governance Activities Costs 2023 Total 2022 Total S. CHARITABLE AcTIVlEs Depreciation Events Garden expenses Insurance Licences Printing. postage and stationery Project fees Repairs and renewals Sundry expenses 192 1,159 779 450 42 242 6,642 230 25 192 1,159 779 450 42 242 6,642 230 25 255 59 1,470 10 1.925 567 9.761 9,761 4,286
FRIENDS OF NORTH LODGE PARK CROMER CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 NET INCOMING RESOURCES Nel incoming resources is slated after charging.. Depreciation of tsngible fixed assets.. owned by the charity 192 255 TANGIBLE FIXED ASSETS Plant and machinery COST Al 1 January 2023 Additions 2.835 At 31 December 2023 2.835 DEPRECIATION At 1 January 2023 Charge for the year 2,073 192 Al 31 December 2023 2,265 NET BOOK VALUE Al 31 December 2022 762 Al 31 De¢embeT 2023 570 2023 2022 DEBTORS Other debtors 142 10
FRIENDS OF NORTH LODGE PARK CROMER CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 Balance at Incoming Rgsources Funds Balance at 1-Jan-23 Resources Expended Transfer 31-Decry23 STATEMENT OF FUNDS Unrestricted funds Designated funds 62,535 1,948 19.7611 54,722 Totsl funds 62,535 19.7611 $4,722