## Annual Report for the Y/e 31/12/2021 Sport & Arts in the Community ( SPARC) South West Shropshire – Charity registered in England & Wales No. 1170997
Total receipts for the year exceeded just over £37k and included a £9k grant from the BA Carbon Reduction Fund, a £1.8k donation from the Cooperative Retail Society’s Community Fund as well as a £15k grant from the Town Council.
In addition, the Plant Stall and Bingo Fund Raising Events proved very successful contributing another £3.2k to our funds.
The Theatre Friends Subscription Scheme re-launched in the previous year provided the Charity with nearly £1.7k of funds specifically for the Theatre & Arts Activities and Facilities.
A Monthly Prize Draw was launched in July under the Small Society Lotteries Regulations which is proving moderately successful.
The BA Carbon Fund Reduction Grant was used to help fund the installation of additional LED lighting and insulation costing a total of £14.8k whilst the Co-operative donation funded the provision of £2k’s worth of children’s play equipment in the swimming pool.
However, the pandemic and its aftermath has continued to disrupt the Charity’s investment plans. We have commitments to fund the muchneeded replacement of the gym equipment ,supported by a long term service and maintenance agreement, in SpArC’s Fitness Suite at a cost of £86k. However, supply chain difficulties are delaying delivery and installation until July 2022. Similar problems have disrupted the completion of a “Pocket Park” project to enable the provision of an outdoor exercise area which is now scheduled for completion by the end of May 2022 with a remaining commitment of £7k, as well as the commencement of the installation of a café and seating area for which the Charity is holding £10k of grant funding. Finally, we set up a sinking fund in 2021 to build a reserve to match fund a future grant application for the replacement of the outdoor all-weather sports pitch which will be necessary in about four years’ time. We are currently holding £5k in a Shawbrook Bank Deposit Account. We have since contributed a further £5k in January 2022.
We anticipate that Fund Raising will become more difficult in 2022 given the pressure on household incomes as well as the state of public sector finances. We will therefore re-double our grant application efforts to fund investment which will support the sustainability of Sport and the Arts in our Community.
## **STATEMENT OF RECEIPTS & PAYMENTS**
## **ACCOUNTS FOR SPARC CHARITY**
|**STATEMENT OF RECEIPTS & PAYMENTS**|||**ACCOUNTS FOR SPARC CHARITY**||
|---|---|---|---|---|
|**01/01/21 to 31/12/21**
**RECEIPTS**
**Private Donations:**
**One-off Donations**
**Regular Donations**
**Sub Total**
**Corporate Community Fund Donations**
**Town & Parish Council Donations**
**Fund - Raising Activities:**
**Plant Stall**
**500 Club Subscriptions**
**Foxholes Football Game Donation**
**Bingo**
**Friends of Theatre Subscriptions**
**Collecting Tins**
**Sub Total**
**Gift Aid Claims Received**
**Bank Interest**
**TOTAL RECEIPTS**
**Surplus b/f**
**Bank Balances b/f 01/01/21**
**Closing Balance per Bank Statements @ 31/12/21**
**BANK STATEMENTS @ 31/12/21:**
**Caf Cash A/c no 1**
**Caf Cash A/c no 2**
**Caf Gold Deposit A/c**
**Shawbrook 60 Day Notice Deposit Account**
**TOTAL PER BANK STATEMENTS**|||**£**
**PAYMENTS**
**Funding Donations to Shropshire Council:**
**230.67**
**Lifeguard Training**
**60.00**
**BA Carbon Reduction Project**
**290.67**
**Pickle Ball Nets**
**Chidren's Equipment for Swimming Pool**
**12067.72**
**Sub Total**
**15000.00**
**Transfer of Donations to Theatre & Arts (ex Town Council)**
**1661.06**
**Renewal of 500 Club Licence**
**3688.00**
**500 Club Prizes**
**186.20**
**First Quarter (July-Sept '21") Donation to Enterprise House to help fund management of 500 Club**
**1509.20**
**Hire of Bingo Equipment**
**1660.00**
**Payment of Theatre Friends Subscriptions & Gift Aid to EH**
**45.00**
**8749.46**
**Enterprise House - Printing Costs**
**727.89**
**304.20**
**Bank Account Fees**
**37139.94**
**TOTAL PAYMENTS**
**Surplus c/f**
**9799.34**
**38131.48**
**47930.82**
**4802.09**
**3225.10**
**34598.20**
**5305.43**
**47930.82**|**£**
**656.25**
**14737.89**
**330.00**
**1969.81**
**17693.95**
**5000.00**
**20.00**
**1413.90**
**1062.50**
**31.50**
**1801.25**
**123.50**
**194.00**
**27340.60**|
|||**1**||**9799.34**|
|||**1**|||
|||**1**
**1**|||
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
£pts.k% qrnd ArFs I LspAIi
Ir
On account5 for the year
ended
31 Iii laooi
Charity no
{if any)
117 0997
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity {"the Trust"} for the year ended
i¥INi , Y"f i,
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
I'the Act").
I report in respect of my exarninalion of the Trust's accounts carried out
under section 145 01 the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5llbl of the Act.
Independent IThe charity's gross income exceeded £250,000 and l am qualified to
examiner's statement undertake the examination by being a qu81ified member of linsert name of
applicable listed bodyll. Delete I l if not applicable.
I have completed my examination. I confirm that no material mallers have
come to my attention in connection with the examination (other than that
disclosed below ") which gives me Cause to believe that in, any material
respect..
the accounting records were not kept in accordance wilh seclion 130
of the Charities Act., or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
conceming the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'lrue and fair, view which is not a matter
considered as part of an independent examinalion.
I have no concerns 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 underst8nding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
Name:
QI I
Relevant professional
qualification(sl or body
IER
Oct 2018