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2023-07-31-accounts

REGISTERED COMPANY NUMBER: 10085963 (England and Wales) REGISTERED CHARITY NUMBER: 1172078

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FRIENDS OF HARDIE PARK LTD

AR Wenden FCCA Elliott, Mortlock, Busby & Co Limited 12 High Street Stanford Ie Hope Essex SS17 OLY

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FRIENDS OF HARDIE PARK LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

Page
Chair Report l
Report ofthe Trustees 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Batance Sheet 7 to 8
Notes to the Financia! Statements 9 to 14
DetailedStatementofFinancialActivities 15

FRIENDS OF HARDIE PARK LTD

CHAIR REPORT FOR THE YEAR ENDED 31 JULY 2023

As ever, I start with my heartfelt thank you to the many volunteers and staff who have worked with us at Hardie Park over the last 12 months - such a fantastic team who should be proud of their contribution to our continued success. | would also like to thank my fellow Trustees for their continued time and effort - regularly going above and beyond the “usual” expectations for a charity Trustee. Finally, thank you to all park users, customers and supporters - we're incredibly grateful for your continued backing. After a turbulent few years during the Covid pandemic, this was very much a year in which we saw a return to normality - albeit a new normality set against a backdrop of a cost of living crisis and soaring inflation. Despite these tough times - for all charities - in this period, our charity settled quickly into the new normal, and ended the year in a much stronger and more secure place.

At the end of the financial year, Trustees remained confident that we were in a good position to face the future - café operations are performing well, our food recycling project has gone from strength to strength, and our many clubs and groups are back in the park - bringing fife and a sense of community to our fantastically diverse project.

We are grateful for the continued support of our community, including from a range of both small and large business who have consistently gone over and above in supporting our work.

We benefit greatly from healthy partnerships with local public sector bodies and elected representatives.

‘Che Park itself continues to be a vibrant community space all year round we will continue work to improve the look and _ feel of it over time.

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FRIENDS OF HARDIE PARK LTD

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Our charitable objectives can be summarised into our main aims: We continue to improve Hardie Park for the benefit of the entire community, this means that we cut the grass regularly, tidy shrubs, bushes, and plants, collect litter, empty bins and regularly maintain the play equipment. We run a community centre and café and a food recycling project (our "pop-up shop"). This creates a space for the community to come together to meet, play and/or work and has been a huge success. We now have many projects and events that encourage community participation, reduce social isolation, and bring generations into positive contact with one another. Significant activities ‘The charity operates in conjunction with Hardie Park Projects CIC and is run by both paid and voluntary staff. Here is a summary of[other][activities][that][ we][started][or][achieved][in][the][year][ending][July][2023:] " Hardie Gardeners - we have an active group of volunteers who meet weckly to undertake gardening and other planting and horticultural activities in the park, and through which have created a fantastic social network of like-minded people. The group has gone from strength to strength and ensure that the park always looks fantastic, and is a haven for wildlife. " Bood recycling and “pop-up shop" - by building partnerships with local retailers, this year saw us strengthen our Food Recycling scheme whereby we collect food with short-sell by dates that would otherwise be sent by retailers to landfill and offer to the community on a donate-as-you-wish basis. This incredibly popular scheme, which is the only place in Thurrock offering access to food 7 days per week, has proved to be a great success - providing a source of food for people/familics in need across the community, and a source of essential donations to make a significant contribution towards the ongoing costs associated with running the project. " Monday Cribbage Club - a weekly gathering for people who love playing cribbage " Craft Club - a weekly meeting for people interested in crafting and other creative activitics ” “Knit and natter" - weekly social meeting for people interested in knitting " Community events - reduced compared to pre-covid years, but still an important area for us. This year we held a number of our popular summer “bounce days” and a Picnic in the park event in conjunction with St Luke's Hospice Singers and the Grays Town Band " Pétanque Club - in 2017 we built a Pétanque terrain and now have a numberof clubs using the terrain.

Public benefit The trustees confirm that they have complied with their duties under section 4 of the 2011 Charities Act with regard to Public Benefit.

Grantmaking

In order for the charity to operate and grow it also relies on grants and voluntary donations for which we are very thankful - some ofthese allow[us] support our[core][functions,] and[others][are][specifically][for] community[or] park-based[projects.]

Volunteers We continue to be a volunteer-led organisation which balances the work of providing support and activities for the local community for little or no cost with the challenge of creating long-term financial sustainability so that we can continue in our mission to serve.

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FRIENDS OF HARDIE PARK LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

FINANCIAL REVIEW

Principal funding sources

‘The principal funding sources for the charity are by way of grants and donations.

Reserves policy

The charity needs to hold a level of reserves in order to plan adequately for future devclopment. The freely available reserves stand at £45,973.

FUTURE PLANS The Board are working to secure funding, to continue to re-build after covid, and to extend these activities to further support the community where needed.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document ‘The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, listed by guarantee, as defined by the Companies Act 2006.

The Charities Articles of Association:

For the benefit of the inhabitants of Stanford-le-Hope Kssex, and the surrounding area ("The area of benefit"), to provide or assist in the provision of facilities for recreation and other leisure time occupation in the interest of social welfare with the object of improving their conditions of[life][for][the][inhabitants][of][the][area][of][benefit][in][particular][but][not][exclusively][by:] (a) The preservation, promotion, support and improvement of Hardie Park and its amenities. (b) Establishing or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of[the][above.] 2. To advance education, promote good health and relieve charitable need for those in the area of benefit. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 10085963 (England and Wales)

Registered Charity number 1172078

Registered office Hardic Park Community Development Centre Hardic Road Stanford-Le-Hope Essex SS17 OPB

Trustees

Ms J N Cooke Company Director J Heale Retired Bank Officer C A Meads Vice Chair Ms F Goodall Company Director M Adams Chair Ms N Rout

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FRIENDS OF HARDIE PARK LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

A R Wenden FCCA KHiott, Mortlock, Busby & Co Limited 12 High Street Stanford le Hope essex SS17 OEY

Approved by order ofthe board oftrustees on 27 March 2024 and signed on its behalf by:

M Adams M Ataris (Apa £9. 2024 1438 GMT HT

M Adams - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF HARDIE PARK LTD

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Independent examiner's report to the trustees of Friends Of Hardie Park Ltd (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of theCompanies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of theCompany are not required to be audited under Part 16 of the 2006 Act and are cligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

1 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 understanding of the accounts to be reached.

Anthony Wenden

A R Wenden FCCA Elliott, Mortlock, Busby & Co Limited 12 High Street Stanford le Hope Essex SSt7 OEY

22 April 2024

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FRIENDS OF HARDIE PARK LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023

:

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2023|2022| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|31,063|-|31,063|34,982| |EXPENDITURE|ON| |Raising|funds|1,333|-|1,333|11,798| |Charitable|activities| |Activities|14,200|-|14,200|39,870| |Total|15,533|-|15,533|51,668| |||—|| |NET|INCOME/(EXPENDITURE)|15,530|-|15,530|(16,686)| |Transfers|between|funds|1}|28,431|(28,431)|-|-| |Net|movement|in|funds|43,961|(28,431)|15,530|(16,686)| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|2,012|28,431|30,443|47,129| |TOTAL|FUNDS CARRIED|FORWARD|45,973|-|45,973|30,443|

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The notes form part of[these][financial][statements]

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FRIENDS OF HARDIE PARK LTD

BALANCE SHEET

31 JULY 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 7 3,070 - 3,070 480
CURRENT ASSETS
Stocks 8 1,000 - 1,000 -
Debtors 9 - - - 275
Cash at bank and in hand 42,633 - 42,633 30,438
43,633 - 43,633 30,713
CREDITORS
Amounts falling due within one year 10 (730) - (730) (750)
NETCURRENTASSETS 42,903 - 42,903 29,963
TOTALASSETS LESSCURRENT
LIABILITIES 45,973 - 45,973 30,443
NETASSETS 45,973 - 45,973 30,443
FUNDS 1H
Unrestricted funds 45,973 2,012
Restricted funds - 28,431
TOTALFUNDS 45,973 30,443

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

‘The members have not required the company to obtain an audit of its financial statements for the year ended 31] July 2023 in accordance with Section 476 of the Companies Act 2006.

The notes form part of[these][financial][statements]

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FRIENDS OF HARDIE PARK LTD

BALANCE SHEET - continued

31 JULY 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the smal! companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 27 March 2024 and were signed on its behalf by:

M Adams

MAdaris fap Ta) Gd bbe OMT 4

M Adams - Trustee

‘The notes form part of[these][financial][statements]

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FRIENDS OF HARDIE PARK LTD

  1. STATUTORY INFORMATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

Friends of Hardie Park Limited is a private company, limited by guarantee, registered in England and Wales. ‘The company's registered number, charity number and registered office address can be found on the Company Information page.

  1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (IRS 102) ‘Accounting and Reporting by Charitics: Statement of Recommended Practice applicable to charitics preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (VRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 "I'he Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

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TangibleDepreciation fixedis providedassets at the following annual rates in order to write off cach asset over its estimated useful life.

Fixtures and fittings - 3 years straight line basis

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

‘The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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  1. NET INCOMEKEXPENDITURE)

FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

Net income/(expenditure) is stated after charging/(crediting):

4,

2023 2022
£ £
Depreciation - owned assets 160 -
TRUSTEES' REMUNERATION AND BENEFITS
2023 2022
£ £
Trustees’salaries 1,333 14,083

Trustees' expenses

‘There were no trustees’ expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022.

  1. STAFF COSTS

‘The average monthly number of employees during the year was as follows:

2023 2022
Directors -
No employees received emoluments in excess of£60,000.
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds
£		 funds
£		 funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 34,982 - 34,982
EXPENDITURE ON
Raising funds 11,798 - 11,798
Charitable activities
Activities 32,270 7,600 39,870
Total 44.068 7,600 51,668
NET INCOMEAEXPENDITURE) (9,086 ) (7,600) (16,686)
RECONCILIATION OF FUNDS
Totalfundsbroughtforward 11,098 36,031 47,129

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

6. COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - OF FINANCIAL ACTIVITIES - OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
TOTAL FUNDS CARRIED FORWARD 2,012 28,431 30,443
7, TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£ £ £ £
COST
At 1 August 2022 - 480 - 480
Additions 2,500 - 250 2,750
At 31 July 2023 2,500 480 250 3,230
DEPRECIATION
Charge foryear - 160 - 160
NET BOOK VALUE
At 31 July 2023 2,500 320 250 3,070
At 31 July 2022 - 480 - 480
8. STOCKS
2023 2022
£ £
Stocks 1,000 -
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Prepayments - 275

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  1. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2023

2023 2022
£ £
Social security and othertaxes 267 -
Other creditors 463 .
Accrued expenses - 750
730 750
11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.8.22 in funds funds 31.7.23
£ £ £ £
Unrestricted funds
General fund 2,012 15,530 28,431 45,973
Restricted funds
Performing Parks 28,431 - (28,431) -
TOTAL FUNDS 30,443 15,530 - 45,973
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 31,063 (15,533) 15,530
TOTAL FUNDS 31,063 (15,533) 15,530
Comparatives for movement in funds
Net
movement At
At 1.8.21 in funds 31.7.22
£ £ £
Unrestricted funds
General fund 11,098 (9,086) 2,012
Restricted funds
Performing Parks 36,03 (7,600)
TOTALFUNDS 47,129 (16,686) 30,443

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 34,982 (44,068 ) (9.086)
Restricted funds
Performing Parks - (7.600) (7,600)
TOTALFUNDS 34,982 (51,668) (16,686 )
A current year [2 months and prioryear 12 months combined position is as follows:
Net Transfers
movement between Al
At 1.8.21 in funds funds 31.7.23
£ £ £ £
Unrestricted funds
General fund 11.098 6,444 28.431 45,973
Restricted funds
Performing Parks 36,031 (7,600) (28,431) -
TOTAL FUNDS 47,129 (1,156) - 45,973
A current year 12 months and prior year 12 months combined net movement in funds, included in the above arc as
follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 66,045 (59,601 ) 6,444
Restricted funds
Performing Parks - (7,600 ) (7,600)
TOTALFUNDS 66.045 (67,201) (1,156)

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FRIENDS OF HARDIE PARK LTD

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 3! July 2023.

13. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

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FRIENDS OF HARDIE PARK LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023

)

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 25,062 - 25,062 22,832
Grants 6,001 - 6,001 12,150
31,063 - 31,063 34,982
Total incoming resources 31,063 - 31,063 34,982
EXPENDITURE
Other trading activities
Trustees’ salaries 1,333 - 1,333 14,083
Charitable activities
Sundry expenses 2,545 - 2,545 2,109
General project expenses 669 - 669 7,849
3,214 - 3,214 9,958
Support costs
Management
Wages
Postage and stationery		 -
95		 -
-		 -
95		 (974)
115
Rent 255 - 255 255
Repairs and renewals 354 - 354 331
704 - 704 (273)
Finance
Bank charges 128 - 128 22)
Depreciation oftangible fixed assets 160 - 160 -
288 - 288 221
Other
Donation 10,000 - 10,000 26,905
Governance costs
Accountancy and legal fees (6) - (6) 774
Total resources expended 15,533 - 15,533 51.668
Net(expenditure)/income 15,530 - 15,530 (16,686)

This page docs not form part of the statutory financial statements

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