Annual Report for the Year Ending 31st December 2024 Sport & Arts in the Community ( SPARC ) South West Shropshire – Charity Registered in England & Wales No. 1170997
The main focus of the Charity’s activities in 2024 was to raise the funds required to support the urgent replacement of the existing swimming pool which was 50 years old with a liner which was at risk of splitting and leaking water.
The fund-raising for a new Pool was launched by the High Sheriff of Shropshire in midNovember 2023 with a target of £250k.
The objective is to install a new sustainable Pool which uses less water and energy providing a new facility fit for the next 50 years.
During the 2024 financial year Cumulative Receipts booked totalled £125.3k against Cumulative Payments of £24.9k.
Included in the Receipts were £41.2k of Private Donations , £2.6k of Town & Parish Council Donations and a Corporate Community Donation of £2k. In addition £4k of Grants were received with Fund-raising Events contributing £43k together with another £18.8k of gift aid claimed from the HMRC on the Events and Private Donations. Interest earned on monies held in deposit accounts yielded £7.1k.
Turning to expenditure, Payments during the 2024 Financial Year included £6.2k on completing the planned Café installation which was funded by a grant originally received from Calor Gas, £2.5k on the provision of “Social Prescribed” exercises for vulnerable people funded by a grant from Shropshire Council and £1.1k on Lifeguard Training using a grant from the Wynn Foundation. Payments of £3.9k were made to support the funding of the SPARC Theatre, £1k being a Private Donation with the remaining £2.9k coming from Theatre Friends Subscriptions and the Gift Aid claimed on the Subscriptions. Fund-raising expenses totalled £5.1k whilst Other expenses amounted to £3.5k including a Payment of £1.4k for seating in the outside Pocket Park area which was funded by a grant.
Bank Deposits at 31/12/24 stood at £229.8k and the Trustees are confident that the funding target of £250k for the Swimming Pool Project will be achieved by the end of March 2025 with a plan to see the new facility installed in the late summer or early autumn.
STATEMENT OF RECEIPTS & PAYMENTS
01/01/24 to 31/12/2024 RECEIPTS
£
Private Donations:
| One-off Pool Donations Private Donation for Theatre Sub Total Town & Parish Council Donations Corporate Community Fund Donations Olympic FanZone Sponsorship Receipts ( note includes Donation from CastleHaven) Olympic FanZone Cash Donations banked in CAF A/c Olympic FanZone Donations received via Just Giving Grants Received EQF RIBA DONATION CONNEXUS Sub Total Fund - Raising Activities: Sponsored Swimming Donations: Direct to Charity by BACS/Cheque/Cash Sponsored Swimming Donations: Just Giving Bingo Plant Stall 500 Club Subscriptions Friends of Theatre Subscriptions Received Collecting Boxes Sale of Mugs for Pool Appeal Mermaid Film & Table Top Sale Bake-Off Fundraiser Hundred House Purslow Quiz Sam & the Hot Rods Easter Egg Hunt & Events Newcastle on Clun Coffee Morning Abbeyfield Coffee Morning Mayors Music Fest FX Collection Buckets Yard Sale Donation of Prize for Primary School Fund Raiser Hustings Collection Mayors Service Church Collection Michaelmas Fair Café - Card Readers Revenue Cash Revenue Michaelmas Fair Morris Dancers Collection Norbury Table Tennis Collection Apple Pressing Event Bonfire Event Sale of Books Event Gallery Event Clun Mayors Fund-Raiser Sub Total Gift Aid Claims Received ex-HMRC Gift Aid Claims Received ex-Just Giving Actual & Accrued Bank Interest TOTAL RECEIPTS Surplus b/f Opening Balance per Bank Statements 01/01/2024 Closing Balance per Bank Statements @ 31/12/2024 |
40190.00 1000.00 41190.00 2598.00 2000.00 2925.00 3390.12 319.93 1000.00 3000.00 4000.00 8833.60 3802.57 2333.20 1702.00 8472.00 2094.00 217.36 322.00 358.85 113.00 311.00 715.00 400.40 1000.00 651.07 961.00 1869.78 135.50 500.00 40.00 213.50 190.41 608.18 139.49 50.00 1130.29 3083.04 511.50 576.32 1696.00 43031.06 18539.64 258.68 7089.59 125342.02 100487.68 129334.90 |
|---|---|
| 229822.58 |
PAYMENTS
£
| PAYMENTS | £ |
|---|---|
| Funding Donations to Shropshire Community Leisure Trust: | |
| Funding for Café Trolley/Furniture/ Tree Sculpture etc. | 6154.29 |
| Payment to SC Leisure for A/C Exercise Referrals | 2500.00 |
| Lifeguard Training ( funded by Grant from Wynn Foundation) | 1080.00 |
| Sub Total | 9734.29 |
| Funding provided to SpArC Theatre | |
| Funding Donations to SpArC Theatre ex BC Town Council & Myndtown PC | 0.00 |
| Payment of Theatre Friends Subscriptions & Gift Aid to EH collected by SpArC Charity | 2905.00 |
| Payment of Private Donation to Theatre | 1000.00 |
| Sub Total | 3905.00 |
| Olympic FanZone Costs | 2400.00 |
Fund Raising Expenses:
| Fund Raising Expenses: | |
|---|---|
| Purchase of SumUp Card Readers | 69.98 |
| Easter Egg Hunt | 22.60 |
| Hire of Bingo Equipment | 0.00 |
| Renewal of 500 Club Annual Licence | 20.00 |
| 500 Club Prizes | 3822.20 |
| Donation to EH for 500 Club Admin | 1000.00 |
| Just Giving DD Subscription | 198.00 |
| Gallery Event Expenses | 24.26 |
| Sub Total | 5157.04 |
| Other Expenses: | |
| Enterprise House - Printing Costs | 443.99 |
| Pocket Park Plants & Water Butts etc. | 216.42 |
| Pocket Park Benches/Furniture | 1433.52 |
| Purchase of Jigsaws | 266.70 |
| Transfer of Bonfire Money to Party in the Park | 1117.79 |
| Sub Total | 3478.42 |
| Bank Account Fees | 179.59 |
| TOTAL PAYMENTS | 24854.34 |
BANK STATEMENTS @ 31/12/2024 Caf Cash A/c no 1 544.18 Caf Cash A/c no 2 347.87 Caf Gold Deposit A/c 70352.87 United Trust Bank Deposit A/c 137285.56 Charity Bank 21292.10 TOTAL PER BANK STATEMENTS 229822.58
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