Trustees’ Annual Report for the period
From 6[th] June 2022 to 5[th] June 2023
Charity name: Friends of Felling Park and Town Centre CIO
Charity registration number: 1184238
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | THE OBJECTS OF THE CIO ARE FOR THE BENEFIT OF THE INHABITANTS OF GATESHEAD 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 INTERESTS 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 SUPPORT AND ASSISTANCE TO THE PRESERVATION AND IMPROVEMENT OF FELLING PARK AND THE PUBLIC RECREATIONAL AREAS OF FELLING TOWN CENTRE |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Funds generated by the Charity are utilised in activities that are focussed in two main areas: Both short term and long Maintenance and improvements of facilities for the use of the wider community such as Felling Park Planning and hosting of a number of Community wide events such as Family Fun Days, Community Carol Services and other similar events |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have discharged their responsibilities with full regard to the current Charity Commission Guidance on Public Benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The year has seen many changes in the Charity Group, sadly a reduction in the number of permanent Volunteers but there has been a number of new volunteers who are not only working in the Park but are becoming active in administration of the Group. A particular addition has been the recruitment of a gardener who has worked in this field professionally so we look forward to improvements in the horticultural side of the Charity. A professional greenhouse has been erected which will keep the cost of plants down. The big achievement of the Group this year is the award from Central Goverment of £135,000 (via Gateshead Council) This is in recognition of the work carried out by Park Volunteers. This will give Felling Park Blue Flag status on completion. The improvements were discussed between Gateshead Council and members of Friends of Felling Park and work has now begun on the changes agreed. At the end of August an Event was held in the Park which once again was well supported by the general public, iincluded were childrens amusements and Treasure tail. We are now looking forward to the completion of improvements to the Park and achieving Blue Flag status. |
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Achievements against
Para 1.41
| objectives set | ||
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Activities during the year generated a deficit of £17,945.15 Activities have picked up after being affected by Covid and 2022/23 has seen things move back towards normal. A number of Grant funded activities have been completed in 2022/23 using Grant Funding carried over from previous years. Expenditure related to this use of existing funding has resulted in the in-year deficit. Income has primarily come from a Local Community Grant, and also continues to be generated via the traditional sources of personal donations, events income and the sale of surplus and reconditioned equipment. Expenditure has been directly linked to the Grant funded activities as well as the other key activities of the Charity detailed above. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity does not hold reserves. |
| Amount of reserves held | Para 1.22 | £0 |
| Reasons for holding zero reserves |
Para 1.22 | The Charity does not generate reserves. As a small charity funds raised are invested directly into the running costs of its activities and objectives |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The Charity has negotiated a difficult period due to Covid and there are no known uncertainties around the Charity continuing as a going concern |
Additional information (optional)
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The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees to be elected or re-elected at AGM |
Additional information (optional)
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Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
Charity name
Friends of Felling Park and Town Centre CIO
| Other name the charity uses | N/A |
|---|---|
| Registered charitynumber | 1184238 |
| Charity’s principal address | 73 Southend Road Gateshead NE9 6XS |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| David White | Chair | Friends of felling park | ||
| Tom Worsley | Committee Member | Friends of felling park | ||
| Ken Keenan | Committee Member | Friends of felling park | ||
| Peter Tracey | Committee Member | Friends of felling park | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) D White Full name(s) David White
Position (eg Secretary, Chair Chair, etc)
Date Xxth January 2024
Friends of Felling Park
FINANCIAL STATEMENTS FOR THE YEAR ENDING 3[RD] JUNE 2023
Auditor: Mr G Davidson
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Friends of Felling Park
INCOME AND EXPENDITURE STATEMENTS FOR THE YEAR TO JUNE 3[rd] 2023
INCOME
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Restricted Funds
Community Foundation Grant 4,520.00
Total Restricted Funds 4,520.00
Unrestricted Funds
Donations 2,835.95
Events Income 1,845.79
Other Income 1,903.46
Total Unrestricted Funds 6,585.20
Total Income 11,105.20
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EXPENDITURE
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Grants Expenditure 14,003.65
Equipment, Hardware and Maintenance 4,618.36
Events Expenditure 3,392.12
Garden Supplies 302.90
Administration and Office Supplies 1,246.90
Catering and Refreshments 78.94
Miscellaneous Expenditure 5,130.00
Sundries 175.45
Travel and Fuel 102.03
Total Expenditure 29,050.35
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INCOME AND EXPENDITURE SUMMARY
| Income - Restricted Funds | 4,520.00 |
|---|---|
| Income - Unrestricted Funds | 6,585.20 |
| Total Income | 11,105.20 |
| Expenditure | 29,050.35 |
| Surplus/ (Deficit) for the Year | (17,945.15) |
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EVENTS DETAILS
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Event Details Income Expenditure Surplus
Jubilee Event 639.79 - 639.79
Halloween Event 401.00 2,917.17 (2,516.17)
Christmas Raffle 805.00 474.95 330.05
Total 1,845.79 3,392.12 (1,546.33)
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SUMMARY OF AVAILABLE FUNDS AS AT 3[rd] JUNE 2023
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Total Funds Summary Amount
Opening Balance as at 6th June 2022 25,091.85
Net Movement in Year (17,945.15)
Total Available Funds 7,146.70
Available Funds as at 3rd June 2023
Bank 6,397.10
Cash at Hand 749.60
Total 7,146.70
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No restricted funds were held at the end of the Accounting Period June 3[rd] 2023
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YEAR ON YEAR COMPARISON
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Income 2023 2022 Change
Events Income 1,845.79 1,033.00 812.79
Donations 2,835.95 2,789.94 46.01
Grant Funding 4,520.00 11,040.00 (6,520.00)
Other Income 1,903.46 3,192.18 (1,288.72)
11,105.20 18,055.12 (6,949.92)
Expenditure 2023 2022 Change
Grants Expenditure 14,003.65 3,998.37 (10,005.28)
Administration and Office Supplies 1,246.90 200.89 (1,046.01)
Catering and Refreshements 78.94 128.12 49.18
Equipment, Hardware and Maintenance 4,618.36 2,289.27 (2,329.09)
Events Expenditure 3,392.12 1,384.06 (2,008.06)
Garden Supplies 302.90 621.69 318.79
Travel and Fuel 102.03 62.77 (39.26)
Miscellaneous Expenditure 5,130.00 314.45 (4,815.55)
Sundries 175.45 83.78 (91.67)
Friends of Felling Park Total 29,050.35 9,083.40 (19,966.95)
Income and Expenditure Summary 2023 2022 Change
Income 11,105.20 18,055.12 (6,949.92)
Expenditure 29,050.35 9,083.40 (19,966.95)
Surplus / (Deficit) for the Year (17,945.15) 8,971.72 (26,916.87)
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AUDITOR’S REPORT
I have prepared the financial statements of Friends of Felling Park for the year ended 3[rd] June 2023 set out on pages 2, 3 and 4 from the information and explanations supplied to me. Mr G Davidson 45 Gibbons Walk Biddick Hall South Shields Tyne & Wear NE34 9LP
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