Charity registration number: 1197809
FRIENDS OF BASING HILL PARK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024
Template Trustee’s report for a charity (Not for use by charitable companies)
The Trustees present their annual report together with the financial statements of the Charity for the 1 April 2023 2022 to 31 March 2024.
Objectives and Activities
The objectives of the charity as per its governing document are
- For the benefit of the inhabitants of Barnet 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 the preservation, promotion, support, assistance and improvement of basing hill park.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Activities Undertaken achieve objectives
We are actively pursuing improvements and better maintenance of the Park in consultation with the community. We are closely engaging with the council and local developers, increasing the profile of the park and advocating for the needs of the community which were previously under represented
Main activities undertaken to further the charity’s purposes for the public benefit
• Infrastructure improvements: Installation of notice board, waste bins, waterbottle fountain, 75 laurels planted for Hendon Way hedge
• Community Events: Baseball team based in Park supported by developing pitch. Cycling volunteers, holiday sports place schemes
• Event achievements: o Mitzvah Day bulb planting. Mayor of Barnet present for the planting of 75 laurels for hedge along Hendon Way.
• Upcoming development: food growing initiative, plans to re-tarmac one side of the park, plans to plant some fruit trees and that we are getting closer to having a new playground done.
Achievements and performance
This is a new charity which has been running for two year. We have given a baseball team a new permanent home and basketball and cycling are also regularly taking place, We have plans for further improvements and continue to encourage community engagement- food growing initiative (one of 4 parks in Barnet), plans to re-tarmac one side of the park, plans to plant some fruit trees and that we are getting closer to having a new playground done
Financial Review
During the year the charity had an income of £12,419 and expenditure of £2,062 with a carry forward of £10.357. Almost £2000 of this was due to a donation for a bench paid back to Barnet council. The remainder is for low expenses of £80 from planting events and having not yet used a £10,000 grant from the National Lottery which will be used for playground improvements when the new playground is developed.
Going Concern
The charity has good liquidity with minimal expenses and continuing plans to make further improvements and develop its reach.
Reserves Policy
We currently are not specifically holding reserves. We do not have any day to day running costs but if we need reserves we will find a way to raise funds
Deficit
No deficit
Structure, governance and management
Constitution
The charity is a Charitable Incorporated Organisation constituted under Association dated 4[th] February 2022. The charity was registered with the Charity Commission on 4th February 2022 with charity number 1197809.
Methods of appointment or election of Trustees
Trustees are appointed and reappointed through the annual AGM
Trustee Signatures
Julia Hiller Gabriel Friedman Ashley Fleischer
The Friends of Basing Hill Park
The Friends of Basing Hill Park 1197809 Receipts and payments accounts For the period 04-Feb-22 31-Mar-23 To from
CC16a
| Section A Receipts and payments | Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 33 1,982 10,000 404 - - - - 12,419 - - - 12,419 1,982 80 - - - - - - - 2,062 - - - 2,062 10,357 |
Last year to the nearest £ |
||
| General donations | 33 | 40 | |||||
| Bench Donations | 1,982 | 1,800 | |||||
| Grants | 10,000 | 10,000 | |||||
| cash | 404 | - | |||||
| - | |||||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| Sub total(Gross income for AR) |
12,419 | - | 11,840 | ||||
| - - - 12,419 1,982 80 - - - - - - - 2,062 - - - 2,062 10,357 - - 10,357 |
|||||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
|||||||
| 11,840 | |||||||
Bench |
1,982 | 1,437 | |||||
| Misc Expenses | 80 | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | 2,062 | 1,437 | |||||
| A4 Asset and investment purchases (see table) |
|||||||
| , | - | ||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| 1,437 | |||||||
| 10,357 | - | - | 10,357 |
10,403 | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| 10,357 | - | - | 10,357 | 10,403 |
CCXX R1 accounts (SS)
15/11/2024
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Barclays Bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 10,357 - - - - - 10,357 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Julia Hiller Gabriel Friedman |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Julia Hiller | |||
| Gabriel Friedman |
CCXX R2 accounts (SS)
15/11/2024
2