Friends of Dunvant Park Treasurer’s Report 1st April 2024 – 31[st] March 2025 The balance at the start of the financial year was £21,612.41
There has been additional funding received this financial year of £1,245.80. This was received in respect of the COAST (Creating Opportunities Across Swansea Together) grant from Swansea Council for summer activities in the park - £1,074.15 and £171.65 for COAST Winter of Wellbeing. Both have been utilised to provide valuable experiences to the community in the form of summer activities and wellbeing walks.
Following on from last year’s report, the Sustainable Prosperity Fund (SPF) grant from Swansea Council to improve sports and recreation facilities in the park. This project has been completed this year and includes a new tennis/pickleball court; outdoor table tennis table; football posts; storage and ancillary equipment. From observation, this is widely used and a great asset to the facilities at the park.
£1,000.00 donation from Amazon is included in sundry income as no grant conditions were attached but would recommend moving this to the opening balance of Grants, to highlight its availability to spend against it.
Other income includes Subs £60.00 and income from fundraising £350.00(raffles/cake sales)
Expenditure for the year to date in the Grants section has totalled £17,341.73 The closing Balance in the Grants section is £5,516.48.
The remainder of the CATF fund has been committed to the upkeep of the football pitch and other sources of income are being looked at to allow the pitch to be fully managed for the foreseeable future.
Full detailed spreadsheets are attached and provide starting and closing balances and information on the allocation of the income and expenditure, a summary is provided below.
| below. | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | General funds |
WWF UK Earth Hour |
CATF (Communit y Asset Transfer **Fund) ** |
Change Makers |
Pettifor Trust | SCC SPF grant |
Local Giving (Magic Little **Grants) ** |
COAST 2024 |
COAST Winter Wellbein g 2024/25 |
|
| Opening balance |
£21,612.41 | £3,002.11 | £153.98 | £1,818.00 | £101.00 | £82.52 | £16,400.00 | £54.80 | ||
| Added during year |
£1,245.80 | £1,074.15 | £171.65 | |||||||
| Total Expenditure |
£17,341.73 | £384.84 | £0.00 | £0.00 | £101.00 | £82.52 | £15,617.87 | £47.00 | £1,017.16 | £91.34 |
| Balance of grants to carry forward |
£5,516.48 | £2,617.27 | £153.98 | £1,818.00 | £0.00 | £0.00 | £782.13 | £7.80 | £56.99 | £80.31 |
The summary of the income and expenditure is summarised below and verified to the Current Bank Statement and Cash in Hand.
Current Bank Statement and Cash in Hand. |
Current Bank Statement and Cash in Hand. |
Current Bank Statement and Cash in Hand. |
Current Bank Statement and Cash in Hand. |
Current Bank Statement and Cash in Hand. |
||
|---|---|---|---|---|---|---|
| Bank Account @ 31/3/25 | ||||||
| DR Expenditure £17,677.73 (includes £336 OP) Closing Balance VERIFIED £6926.48 includes sundry creditor payment on 1/4/25 7190.64 31/3/25 264.16 1/4/25 6926.48 £24,604.21 |
Balance B/F Income |
CR £21,612.41 £2,991.80 (includes £336 recovered) |
OP | |||
| £24,604.21 | £24,604.21 | |||||
| Petty Cash Account @31/3/25 | ||||||
Outgoings Banked Closing Balance VERIFIED |
DR £96.58 £516.00 |
Opening Balance Cash received |
CR £102.40 £586.20 |
|||
| £76.02 | ||||||
| £688.60 | £688.60 | |||||
Donielle Rose - 31/3/25