**Swallow Park** 

Registered Charity No 1184660 

## **Trustees Report** 

For the Period ended 31[st] July 2023 

The Trustees present their report and financial statement for the Period ended 31[st] July 2023 

## **Governance** 

The Charity is a CIO registered as a body of corporate under part 11 of the Charities Act 2011. The Charity was primarily established on 28[th] July 2019 to obtain land and raise funds to build a community playground for the children of Mitchel Troy and surrounding villages in Monmouth. 

The Aim is to promote, for the benefit of the inhabitants of Mitchel Troy and the surrounding area, the provision of a public park for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. 

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 

Claire Knight 

## **Activity in the year** 

The Trustees give their time voluntarily and receive no benefits from the Charity. During the year to 31[st] July 2021 the Charity were able to secure grants from the National Lottery totaling £106850 after obtaining a 15 year lease with no annual rental cost on part of Glebeland in the village of Mitchel Troy in Wales.  Work at the site commenced in earnest in September 2020. Stage 1 of the park opened at the end of October 2020. 

The Trustees consider that they have complied with their duties as set out in Section 4 of the Charities Act 2011 to have regard to public benefit guidance published by the Charities Commission. 

## **Financial 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. 

## **Statement of Registered Practice (SORP)** 

There are no funds held as custodian trustees. 

The Trustees confirm that these Financial statements and reports are drawn up using guidelines laid out by the Charities Commission FRS 102. 

This report was approved by the Trustees and Directors on11[th] July 2024 and signed on their behalf by 

Ceri Jones Trustee 

Hand signature in file 



**Registered Charity No:** 

## **Swallow Park** 

Statement of Financial Activities (including receipts and payments) For the year ending from 1st August 2022 to 31st July 2023 

|**Receipts**<br>Medium Lottery Funding Grant<br>Small Lottery Funding Grant<br>Mitchel Troy United Community Council<br>Community Donations<br>Community Grant<br>Refunds<br>**Payments**<br>Website Hosting<br>Planning Permission<br>Legal Fees<br>Land Agent Fees<br>**Ongoing Costs**<br>Insurance - Public & Trustee<br>Signange<br>Community Fundraising expenses<br>Grand opening<br>Maintenance & Repair<br>**Asset Costs**<br>Site Clearance<br>Play equipment<br>Fixtures|Year End<br>Year end<br>Year end<br>31st July 2024<br>31st July 2023<br>31st July 2022<br>0<br>0<br>4529<br>0<br>0<br>0<br>330<br>500<br>0<br>0<br>285<br>0<br>0<br>500<br>379|
|---|---|
||**709**<br>**1285**<br>**4529**|
||432<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|
||**432**<br>**0**<br>**0**|
||312.51<br>591.79<br>591.79<br>0<br>0<br>0<br>0<br>269.02<br>0<br>0<br>0<br>0<br>150|
||**462.51**<br>**860.81**<br>**591.79**|
||0<br>0<br>0<br>0<br>0<br>4100<br>0<br>0<br>429|





|Signage boards<br>Logo designs & Ownership<br>**Total Payment**<br>Net of Receipts/(Payments)<br>Cash funds at 1st August 2022<br>Cash funds at 1st August 2023|0<br>0<br>0<br>0<br>0<br>0|
|---|---|
||**0**<br>**0**<br>**4529**|
|||
||**894.51**<br>**860.81**<br>**5120.79**|
||2133.14<br>2317.66<br>1893.47<br>0.01<br>0.01<br>0.01|
||**2133.14**<br>**2317.66**<br>**1893.47**|



## **Registe** 

## **Swallow Park** 

## **Statement of Assets and Liabilities at 31st July 2023** 

|Cash Funds|2317.66|1893.47|2485.25|
|---|---|---|---|
|Assets retained for own use|99583.72|99583.72|95054.72|
|Liabilities|0|0|0|



The Trustees acknowledge their responsibilities for ensuring that the Charity keeps prope The Financial statements were approved by the Trustees on 11th July 2024 and were sign 

Ceri Jones Trustee 



**1184660** 

|Year end|Year end|
|---|---|
|31st July 2021|31st July 2020|
|92321|0|
|9700|0|
|600|0|
|0|0|
|**102621**|**0**|
|151.2|84.98|
|115|385|
|3688.2|0|
|300|0|
|**4254.4**|**469.98**|
|591.79|0|
|12|0|
|0|0|
|150|0|
|**753.79**|**0**|
|9568.58|0|
|70123.02|0|
|13874.32|0|





|1238.8|0|
|---|---|
|250|0|
|**95054.72**|**0**|
|||
|**100062.91**|**469.98**|
|2485.25|-496.98|
|0.01|0.1|
|**2485.25**|**-496.97**|



## **ered Charity 1184660** 

0.01 0 469.98 er Accounting recortds. ned by Ceri Jones.  Trustee