**(Charity Number 1176816)** 

## **Cross Park Association** 

## **Annual Report and Accounts 2022** 

## **Introduction** 

The Cross Park Association was established as a Charitable Incorporated Organisation on 24[th] January 2018. 

The building (and site) is owned by the Allhallows Parish Council and contains a recreation field, ‘country park’ and the Pavilion which was converted to form a community hall for the benefit of local residents. Activities were extended during 2022 to extend the part-time Community Café, Platinum Jubilee and Summer Fete activities at Cross Park. Considerable investment was made in equipment and stock for the Café. 

Trustees for the year were: 

Lisa Newstead (appointed 30[th] October 2020) Rachelle Freeguard (appointed 30[th] October 2020) Elizabeth Wiggins (appointed 30[th] October 2020, resigned 21/2/22) David Wiggins (appointed 30[th] October 2020, resigned 21/1/22) Chris Rimmer (appointed 30[th] October 2020) Chris Fribbins (appointed 30[th] October 2020) Clare Rimmer (appointed 20[th] August 2022) 

**Accounts** are recorded on a Receipts and Payments basis. A new accounting package was installed to help manage and record the increases transactions created by the operation of a part-time Community Café. A new style report has been created and filed with the Annual Return. A summary from the account package is below. 

|Balance Brought Forward|**£  7,693.79**|
|---|---|
|**Income**||
|Allhallows Parish Council Revenue Grants|£  4,000.00|
|Hall Hire|£     830.01|
|Café Income Banked|£ 10,789.44|
|Other Income|£   2,422.07|
|**TOTAL INCOME**|**£18,041.52**|
|**Expenditure**||
|Rates|£     409.60|
|Heating & Lighting|£  1,195.50|
|Insurance|£      172.00|
|Labour|£ 9,562.40|
|Events Expenditure|£ 2,391.12|
|Cost of Sales (Café stock)|£ 1,816.37|
|Materials|£    317.89|
|Hall Hire Expenditure|£      40.00|
|Advertising|£     196.99|
|Legal Fees|£    261.84|
|Entertaining Staff|£      69.97|
|Cleaning|£ 1,275.57|
|**TOTAL EXPENDITURE**|**£17,709.25**|





|Profit|£      332.27|
|---|---|
|Bank Interest|£          4.83|
|TOTAL|£     337.10|
|**Balance**|**£ 8,030.89**|



Annual Report prepared on a retrospective basis by Chris Fribbins, Clerk Allhallows Parish Council and Trustee from 2020. 

Chris Fribbins 5[th] March 2023 



**Logo** 

## **Cross Park Association** 

## **Management Report** 

**5th March 2023** 

**Prepared by Chris Fribbins** 



## **Table of Contents** 

|**Executive Summary**|**3**|
|---|---|
|**Profit & Loss**|**4**|
|**Balance Sheet**|**6**|
|**Cash Flow**|**7**|



**Cross Park Association Management Report** 

**Page 2 of 8** 



## **Executive Summary** 

## **Financial year report for FY 2022** 

||**FY 2022 (£)**|
|---|---|
|**Cash**||
|**Cash Flow From Operations**||
|**Cash in**|**18,041.52**|
|**Cash out**|**(17,709.25)**|
|**Net cash surplus (deficit)**|**332.27**|
|**Cash Flow From Financing Activities**||
|**Cash in**|**4.83**|
|**Net cash surplus (deficit)**|**4.83**|
|**Cash Flow From Investing Activities**||
|**Net cash surplus (deficit)**|**(1,880.57)**|
|**Cash Summary**||
|**Net cash movements**|**(1,543.47)**|
|**Closing cash balance**|**6,150.32**|
|**Profitability**||
|**Revenue**|**11,619.45**|
|**Cost of sales**|**(14,127.78)**|
|**Gross profit (loss)**|**(2,508.33)**|
|**Other income**|**6,422.07**|
|**Administrative expenses**|**(3,581.47)**|
|**Finance income**|**4.83**|
|**Profit (loss)**|**337.10**|
|**Balance Sheet**||
|**Assets**|**8,030.89**|
|**Net Assets**|**8,030.89**|



**Cross Park Association Management Report** 

**Page 3 of 8** 



## **Profit & Loss** 


**----- Start of picture text -----**<br>
5,500<br>5,000 Profit/Loss<br>4,500 Income<br>4,000<br>Expenses<br>3,500<br>3,000<br>2,500<br>2,000<br>1,500<br>1,000<br>500<br>0<br>-500<br>-1,000<br>-1,500<br>-2,000<br>Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22<br>**----- End of picture text -----**<br>


**Financial year report for FY 2022** 

|**Revenue**|**FY 2022 (£)**|
|---|---|
|**Cafe Card Income**|**5,211.70**|
|**Cafe Cash Income**|**5,577.74**|
|**Hall Hire**|**830.01**|
|**Total Revenue**<br>**Cost of sales**<br>**Cost of sales**|**11,619.45**<br>**(1,816.37)**|
|**Labour**|**(9,562.40)**|
|**Materials**|**(317.89)**|
|**Events Expenditure**|**(2,391.12)**|
|**Hall Hire Expenditure**|**(40.00)**|
|**Total Cost of sales**|**(14,127.78)**|
|**Gross Profit**|**(2,508.33)**|
|**Administrative expenses**<br>**Rent and rates**||
|**Rent and rates**|**(409.60)**|
|**Heat and lighting**|**(1,195.50)**|
|**Insurance**|**(172.00)**|
|**Total Rent and rates**<br>**General administration**|**(1,777.10)**|
|**Cleaning**|**(1,275.57)**|
|**Total General administration**<br>**Advertising**|**(1,275.57)**|
|**Advertising**|**(196.99)**|
|**Total Advertising**<br>**Professional fees**|**(196.99)**|



**Cross Park Association Management Report** 

**Page 4 of 8** 



## **Profit & Loss** 

|**Legal fees**|**(261.84)**|
|---|---|
|**Total Professional fees**<br>**Entertainment**|**(261.84)**|
|**Entertaining staff**|**(69.97)**|
|**Total Entertainment**|**(69.97)**|
|**Total Administrative Expenses**|**(3,581.47)**|
|||
|**Operating Profit**|**(6,089.80)**|
|**Other income**||
|**Other income**|**2,422.07**|
|**Parish Council Grants**|**4,000.00**|
|**Total Other income**<br>**Finance income**|**6,422.07**|
|**Interest income**|**4.83**|
|**Total Finance income**|**4.83**|
|**Profit Before Tax**|**337.10**|
|||
|**Net Profit**|**337.10**|



**Cross Park Association Management Report** 

**Page 5 of 8** 



## **Balance Sheet** 


**----- Start of picture text -----**<br>
15,000<br>Shareholders Equity<br>12,500<br>10,000<br>7,500<br>5,000<br>2,500<br>0<br>Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22<br>**----- End of picture text -----**<br>


**Financial year report for FY 2022** 

|**Non current assets**<br>**Fixed assets**|**FY 2022 (£)**|
|---|---|
|**Fixtures & fittings**|**1,880.57**|
|**Total Fixed assets**<br>**Current assets**<br>**Cash**|**1,880.57**|
|**Barclays Community Account**|**1,145.49**|
|**Barclays Business Premium Account**|**5,004.83**|
|**Total Cash**|**6,150.32**|
|**Net Assets**|**8,030.89**|
|**Equity**||
|**Retained earnings**|**7,693.79**|
|**Net profit**|**337.10**|
|**Total Equity**|**8,030.89**|
|**Shareholders Equity**|**8,030.89**|



**Cross Park Association Management Report** 

**Page 6 of 8** 



## **Cash Flow** 


**----- Start of picture text -----**<br>
12,500<br>Movement in Cash Balance<br>Cash Balance<br>10,000<br>7,500<br>5,000<br>2,500<br>0<br>-2,500<br>Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22<br>**----- End of picture text -----**<br>


**Financial year report for FY 2022** 

|**Revenue**|**FY 2022 (£)**|
|---|---|
|**Hall Hire**|**830.01**|
|**Cafe Card Income**|**5,211.70**|
|**Cafe Cash Income**|**5,577.74**|
|**Total Revenue**<br>**Other income**<br>**Other income**|**11,619.45**<br>**2,422.07**|
|**Parish Council Grants**|**4,000.00**|
|**Total Other income**|**6,422.07**|
|**Total Income**|**18,041.52**|
|**Cost of sales**<br>**Labour**|**(9,562.40)**|
|**Events Expenditure**|**(2,391.12)**|
|**Cost of sales**|**(1,816.37)**|
|**Materials**|**(317.89)**|
|**Hall Hire Expenditure**|**(40.00)**|
|**Total Cost of sales**<br>**Administrative expenses**<br>**Rent and rates**|**(14,127.78)**|
|**Heat and lighting**|**(1,195.50)**|
|**Rent and rates**|**(409.60)**|
|**Insurance**|**(172.00)**|
|**Total Rent and rates**<br>**Advertising**|**(1,777.10)**|
|**Advertising**|**(196.99)**|
|**Total Advertising**|**(196.99)**|



**Cross Park Association Management Report** 

**Page 7 of 8** 



## **Cash Flow** 

|**General administration**||
|---|---|
|**Cleaning**|**(1,275.57)**|
|**Total General administration**<br>**Professional fees**|**(1,275.57)**|
|**Legal fees**|**(261.84)**|
|**Total Professional fees**<br>**Entertainment**|**(261.84)**|
|**Entertaining staff**|**(69.97)**|
|**Total Entertainment**|**(69.97)**|
|**Funds Generated From Operations**|**332.27**|
|**Finance income**||
|**Interest income**|**4.83**|
|**Total Finance income**|**4.83**|
|**Financing Cash Flow**|**337.10**|
|**Non current assets**<br>**Fixed assets**||
|**Fixtures & fittings**|**(1,880.57)**|
|**Total Fixed assets**|**(1,880.57)**|
|**Investing Cash Flow**|**(1,543.47)**|
|||
|**Total After Drawings**|**(1,543.47)**|
|||
|**Net Cash Movements**|**(1,543.47)**|
|**Cash Balance**<br>**Cash Flow**|**(1,543.47)**|
|**Total Cash Balance**|**6,150.32**|



**Cross Park Association Management Report** 

**Page 8 of 8**