ANNUAL REPORT FOR Y/E 31 DECEMBER 2025
Total Receipts for the year were £105.8k with Total Payments £9.4k resulting in
a surplus for the year of £96.4k and Total Bank Balances of £326.3k
The Receipts included É20k from the Bishops Castle Town Council. £IOk from
Priwate Donations, £25.5k from Grants awarded by a number of charitsble
8rant provider5. £2.3k from the Ctrop Community Fund and £31.Ik from the
Sparc Charl￿5 Fund Raising artivities_ In addttion. Gift Aid Claims amounted to
£6.7k with Interest earned on Bank Deposits contributing £10.2k.
Significant Payments were £3k donated to Theatre activitie5 and £5.4k rclating
to Fund Raising expenses.
Thc Charity has now raised the requistte tjrget funding of £250k to support the
Swimming Pool refurbishment project. This has enabled the appointment of a
Project Manager. the triggering of the tenderin8 process and the recent
negotiation of contracts which are awaiting signature_ Thc work 15 schcduled to
commence in February 2026 alongside a major project to-Decarbonise- the
Sparc Leisure Centre. This latter project has been funded by the UK
Government with the monies being channelled to Shropshire County Council
who own the site.
The balance of £76.3k includes a sum of £26.4k which is a sinkin£ fund
accumulatin8 to help finance the eventual repair and replacement of the
outdoor -all-weather" pitch facility ( often referred to as the "MUGA" or the
"Multi-Games Area). A sum of £5k per annum is being added to the Sinkin8
Fund. In addition. a total of £3.9k is earmarked for a number of small projects
with the balance of 146.3k being held to help fund the replacement of Theatre
Equipment ( Sound Equipment) and the installation of a raking system to
cnable the mechanical movement and storage of seating_

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Independent examinerfs
report on the accounts
Section A
Ind•pendent Exarninefs Report
Report to tho trust•esl
members 01
SFXKt & Arts in Ihe Gomrnunlly (SPARC ) South West Shropthire
On accounts fof the year
ended
31 st De￿M￿r 2025
Charity no
{rf any)
1170997
Set out on pages
I report to the trusto•s ￿ my examinabon of the aCU￿nts of the above
charty (Ihe TNsf) for the year efKled 31112r2025
Responsibilities and As tho charty trv5tees of the Trust. are responsible for the preparation
ba515 of report of the ac£ountS in accordance wrth the requiremcnts of the Charthe5 A
2011 (Ihe Actl.
I report in resped of my examination of Tru5t'5 accounts carried (Krt
undef sec*on 145 of the 2011 Ad in ￿r￿n9 Out rny examinab'on. I
have followed the applicable ￿'rectionS given by the Charty Cornmi55ion
under seclion 145(5}(b) of the Act.
I have C￿pleted my examination. I confnm that no material matters havo
come to my atte1￿.(￿ (other than that disck)sed below ") in connection wth
the examina1K￿ give5 me cause to b•kve Ihai In. ary matefial
respect..
accounting rèctyds wore kepl ￿ accc*dance with so(Aion 130 of
the Ad or
the accounts do not acc£Yd wth the accOurnv￿ records
Independent
examlnerfs statement
I have no concems and have come a¢xos5 no other matters in connection
wilh the exarninab'on to which attention should ￿ drawn in ¢xdef to enable a
proper understanding of the accounts to be re*hed.
. Plcasc thlole Ihe wortts in the brackets if thcy (*) aM)ty
Signed:
Relevant professional
qualification(s) or body
(if any):
Address:
7 THE %QLIAqE
H￿H sfR
SHOPS CAST
SPfiOPSHIAI 5yI SUN
TEL07588 63
FAX Q15B8 *WBg6
IER
October 2018