Swallow Park
Registered Charty No 11846
Trustees Report
For the Period ended 31" Jufy 2021
The Trustees present their report and financial staternent for the
Period ended 31° July 2021
Governance
The Charity is a CIO registered as a of cortK)rate under part 11 of the Charities Act 2011.
The Charity was primarily established on 28th July 2019 to obtsin land and raise funds to build a
community playground for the children of Mttchel Troy and surrounding village5 in Monmouth.
The Aim is to promote, ft)r the benefit of the inhabitsrtrts of Mitchel Troy and the surrounding area,
the provision of a public park for recreation or other leisure time occupation of indmduals who have
need of such faciltties by reason of their youth. age. infirmty or disablement. financial hardship or
social and economic circumstan￿5 or for the public at large in the interests of social welfare and
with the objert of improving the condttion of life of the said inhabitant5.
The registered address of the Charity is
St Ibers Villa. Mitchel Troy, Monmouth. NP25 4HZ
The Trustees who served in the year are:
Ceri Jones
Elizabeth Williams
Rev. Owen Williams Iretired 813/211
Jeanne-marie Larrazabal (from 1018/20)
Actsvity in the year
The Trustees give their time voluntarily and receive no ￿nefits from the Charitv.
During the year to 31 July 2021 the Charity were able to secure grants from the National Lottery
tot31ing £106850 after obtaining a IS year lease wwth no annual rentsl cost on part of Glebeland in
the village of Mitchel Troy in Wales. Work at the site commenced in eamest in September 2020.
Stage l of the park opened at the end of Ortober 2020.
The Trustees consider that they have complied with their duties as set out in Section 4 of the
Charities Art 2011 to have regard to public benefft guidance published by the Charities Commission.
Flnan¢ial Review
The Trustees have opted to prepare the accounts on a receipts and payment basis due to the nature
of the financing of the project. As required by the Charities Commission an independent
examination was undertaken. The independent report on this examination is attached to these
Financial Statements.
SLitement of Registered Practice (SORPI
There are no funds held as custodian trustees.
The Trustees confimi that these Financial statements and reports are drawn up using guideline5 laid
out by the Charities Commission FRS 102.
This report was approved by the Trustees and Directors on L- I- 202i and signed on their
behalf by
Ceri Jones
Truèrfee
Page I

Independent Examinerfs report to the Trustees of Swallow Park ac
I report on the accounts of Swallow Park CIC for the year ended 31 July 2021, which are set
out on pages 3 and 4.
Respective responsibilitie5 of trustees and exarniner
The CIC'S trustees are responsFble for the preparation of the accounts. The trustees consider
that an audit is not required for this year lunder section 144121 of the Chartties Act 2011, as
amended by the Charities Act 2011 IAccounts and Audit) Order 20151 and that an
independent examination is needed. l am qualified to undertake the examination by being a
member of The Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is
eligible for independent examination. it is my responsibility to=
examine the accounts under section 145 of the Charities Act 2011;
follow the procedures laid down in the General Directions gtven by the Charity
Commissioners under section 145151 Ibl of the 2011 Act- and
state whether particular matters have come to my attent40n.
Basts of independent examinerfs report
My examination wa5 carried out in accordance with the General Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by
the charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeking explanations
from you as trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audtt, and tonsequently no opinion is
given as to whether the accounts present a 'true and fairf view, and the report is limited to
those matters set out in the statement below.
Independent Examinerfs statement
In connection with my examination. no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the
requirements
to keep accounting records in accordance with section 386 of the Companies
Act 21KJ6: and
to prepare accounts which accord with the accounting records and to
comply with the accounting requirements of section 396 of the Companies
Art 2006 and wtth the methods and principles of the Charities Statement of
Recommended Practice IFRS 1021
have not been met- or
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signature
kn¢￿_.-<-
Date
5.3. 202L
D J Ballantine ACA MBA
Page 2

Swallow Park
Regtstered Charity No.
1184660
Statement of Financial Activities lincluding Re￿Ipts and Payments)
For the year from I. August 2020 to 31° July 2021
Year ended
31"July 2021
Period ended
31" July 2020
Recei
Medium Lottery Funding Grant
Small Lottery Funding Grant
Monmouth County Council
92321.
97(K).(XJ
102621.(X)
Pa ments
stsrtu
Website set up ond hosting
Planning pe￿nI$s1O
Legal Fees
Land Agent Fees
Ongoing Costs
Public Liability Insurdnce
Covid Signage Piinting
Grand Opening
Asset Costs
Site Clearance and Preparation
Play Equipment
Fixtures
Signage Boards
Logo Design and Ownership
151.20
115.(J)
3688.20
31X).(X)
385.
4254.40
591.79
12.IXI
150.IXI
753.79
9568.58
70123.02
13874.32
1238.80
250.CM)
95054.72
Totsl Payments
IcKK￿2.9I
469.98
Net of Receipts l {payn*ntsl
Cash funds at I" Augurt 2020
Cash funds at 31° July 2021
2485.25
o.oi
2485.26
469.98
o.oi
-469.97
Page 3

Swallow Park
Regirtered Charity No.
strtement of Assets and ilabllltles at 31"July 2021
At 31" July 2021
31°ju￿ 2020
Cash Funds
2485.26
o.oi
Assets retained for own use
95054.72
Liabilities
469.98
The Trustees acknowledge their responsibilwties for ensuring that the Charity Keeps proper
Accounting records
The Financial statements were approved by the Trustees on Z-3- Zo.1 and were signed by
Ceri Jones
Trustee
Page 4