REGISTERED CHARITYNUMBER: 119&207 MAKSH RECREATION GROiJNDANDCOMMUNITY CEiYfRE TRUST CIO REPORT OFTHE TRusfKES AND UNAUDITED VINANCIAL ￿AT￿m￿￿[S FOR THEYEAR ENDED 31ST MARCH 2•2J MARSH REcH￿TtoN GROUND ANDCOMMU CEKfRE TRUST CIO TlblDtNG ASTHE EDWARD MARSH CENfRE COTr￿￿S OF THE FINANCIAL sTATEME￿￿s FOR THE YEAR ENDED 3]￿ MARCH 2023 Rel￿ ofthe Tn￿ Independent Exominefi Re Statementof Finan¢1￿ kniviiie8 Notes ￿ the Financial St&t¢ments tknilal Sthtement of Fill￿¢1￿ Activities MARSH RECREATION GROUND AND COMMUM CENTrE TRUSTCIO REPORTOF THETRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023 The thstet8 pre6ent theirrewrt with the financi81 sthtem¢t)ts of th¢ ¢harity forthe ye8r ended 31st Mawh 2023. The truBlee have adoptyj the proMsion5 of AC￿￿nting and Re￿￿ll8 by ch￿ltieS. Stst¢m¢n¢ of RttornmcDdcd Pro¢ti¢¢ applicabte tochariti¢s prcpaTingtheiraccounts tn wiftlon¢¢ with thc Finan¢i8J Reporting Stsnd8rd applieable ID the UK R¢public of trelaad (FRS 102)leffe¢tive l JanuBry 2019). Objeetives And •lm• The provisiott and maintCAwKeofa community certh andplaying fidd and r¢k7¢atiou 8roundforthe use of th¢ iobabit3 of the Puisb of Kittver 8nd the ne]Bbbourbo￿l SlgDIfi(gnt *¢tMtitJ Pmvi8ion of $pwtiug activities includin8 r￿tha11. crick¢¢ •nd oth¢r ow8ide facilities including skn pth ard b&8keth8ll togthr with nWller0L￿ iodoor aaiviti¢s for OryAniSatiorts iA¢luding U3A, itidwr bowlin& keep fit cJ&yeJ, arf ¢I￿se6, modcl cnwers. repair cafe 8nd ￿tal ¢v¢ots. lkn ¢wtr¢ Iw A cot)mwty ofé. priroarily by volunt¢ern vAJich ]JAS be{X)n￿ vcry Successful. bl1¢ ￿ll￿1t Th¢ Trustecs confirnj thatthey h&vehad regatdto the 8uidaDce is8ueAby the (hrity GmDn￿S1on otl pubJicbenefiL Ch*rffitxble Actlvltl The TDain achievements tn the year UDderreviewbave beell th¢ c(NJ8idetabl¢ maintuw atyl improvcmeot to the ¢onditionandilecorofth¢building forth¢ben¢fitotthous4rsaDdthecomnllutity. Thi& WdB Tradep)6$il>l¢by th¢6ybstantial input of the Trustees aDd volunteers. FINANCIALREVIEW Flwcknl Reyle This li th¢ firnt fitwJ¢iat y¢Arofth¢ ¢h8rity op¢ra¢tO8 88 an in¢oryorAtol charity. It has been a yw of tr8ositioo, a bank a¢￿U01 with CoknOP¢rntive Bank Iv&s op¢n4xl in Au8U8t 2022 8tkl Burplus gthcrni reserves tsaL8ferred from KSCA {¢haTity 522687) to EMC. ThiB allowed the manaBcm¢titrornmItt￿to begin the tTrDsfer ofemploye¢s and¢ontracts to EMC wbicb $uc¢e8sfullycotnpl¢ttyJ in Nov¢mb¢r2022. Th¢ t[8￿reT0rrem81n1￿g restricted funits from 8Tant providcts caTrieA out in Mar¢h 2023. Therefore, the accounts for the yearunder review ate not representative of A full financial year's income aod ¢xp¢ns¢ artd the a¢cowllS forKSCA {¢huity 522687) 8hou]dk Considered in conjunction with Emcto undvstsnd the fidl yw resujts of the ¢lwity. Ruervu wllky Th¢ cbarity has a policy for bolding rin8-fenced TeBerveB for th¢ playing fields and & contiDgeney fijnd in respxt of roof r¢pair5. It also decided this year ￿ rittg fen¢¢ £IO,(th of re5crvc5 for the buildin8 r¢novation costs. As of 31.03.23 the pl&yin8 fi¢lds fimd bolds ￿erVeS of £8.616 alld the contingency fimd holds r¢s¢Tves of £lO.IXM). Th¢ ¢lwity r￿e1Ved several grattts dur¢D8 the yt4r that are still work itl pm8res8 the amount heldat 31.03.23 ' £99313 of whicFL £54.450 ret￿ to la1￿c&ping and planting of the S*Aym¢re, £25226 for new autOD￿ted barrier and k- gat¢, £IS.OIYJ to refiEtbi8b ¢hanging TrOTnS atld £4.637 for other8rant wotk. Th• majority of this work will be complet&1 in the next 12 months. The fiJrtb¢rbalan¢iug reserves of L12.804 81¢ Ys¢wed as general wokn8 capitsj of th¢ charity. GoverDIDgdocument Thedwity 18 ¢on¢mlltyJby its g0verniD8d(￿rnen4 a deedof tN8tando)tt8titutr* an incory￿￿clWlty. Pagel MARSHRECREATION GROUND AYD COMMUNITY CENTRK TRUST CIO TRADTNG AS TNK V.DWARD MA￿￿ CFEprrRF. REPORTOFTHE TRUSThES FOR THE YEAR ENDED 31ST MARCH 2023 STRucfuR4 GOVERNANCE ANDMANAGKME OrynlsAtloDal itry¢¢ure The Cornmittee of MAtwBernenL when wmpl¢¢e, consistsof I I PCT8oll5, being 9 tleaed m¢mb¢rn and 2 nornll￿ted mcmber6. Elected metnbers are appoin￿￿ At the Attnuaj Gcncrnl Meeting and hold offi¢¢ fiDm the end of the Ar2nual G¢ncral Meaing & which they are appoint¢d Nominatcd tncmbers ar¢ appointed by Distrid Council and Kinver Parish CIsuDCiI. ReglstEredCbArity Dumb¢r 1198207 PrfndP￿ addre Thc EdwardM8rshCentre Ixgion Drive Stourbrid8¢ DY76ET GeoffreyAshfield(AppoitLted10.0322) Chris Vendy (Apwinted 10.03.22) Pam Vandome IAppoint&l 10.03.22) Ann Bttke IAptx)int&4 18.04.22) Mark Mithll¢ton (AppOIn￿ 18.0422) Hi]ary Vcndy (Appoin¢¢d 18.04.22) GeorgiDaAndrcwB (Apwintd 18.04221 Cllr Sion Charlesworth-Jone5 (NoJniJJattylby Kinv¢rPari8h Cowi¢il 06.05.22) Cllr Gts)fTSisley (Nornin￿ by SSDC 10.05.22) Lirt Hi]xgl¢y (Ap￿]nted 22.08.22) Andrew ShephCrd(Appoin￿d22.Q8.22) Inde eDdeDt EIAmlDer Debbic W¢ll¢￿MMe FMAAT Support Stafford8hir¢ Sthfford Civic Centr¢ Riverside Stafford ST163AQ Approv&1 by ord¢rofth• ix)￿d0rtrUS￿rn OD 25 July 2023 and 5igneAi on its behaifby.. Id.Tn Page2 INDEPENDEwf EXAMINER'S REPORT TO THE TRUSTEES OF MARSH RECREATION GROUND AND com￿[uNITy CENlliE TRUST CIO I report to the ¢hwitytrustees on my examination of the acc(Amts of the Marsh Recreation Ground and Conm)unity C¢tttre Th￿l CIO Trathg as the Edwayd Marnh Centre (the Trust) for the year enikd 31￿ Ma￿￿ 2023. Re￿n￿bIl￿deS alld report As the charity trustees of the Trust you are Tesponsible forthe pretArntiotJ of the a￿OUnts in a¢￿¢¢ with the ZV4uir¢Jwits ofth¢Chwitses Act 2011 ('the Aa.). I report in respect of my ex¥nit￿l0￿ of the Trust's Accounts Lwried out unthr 8rftion 145 of the 2011 ALt and in Carrying out my examioation I have followed all the applithl¢ Directions giv¢n by thecharty Commission under sertion 145(5)(b) of the Art Independent eI•Tnlner'• rt•temeDt I have completed nty examination. I coDfJrn) that no maiters have Come to my attention in conw¢iott with the exaMi￿tion givtns rne cause to i*lieve thEt in sny material respe¢t: l. A¢￿Unting recoydg nLrt kept in r¢sp¢ct of the Tn& as required by sectioll 130 ofthe Art: or I bave no coneern3 8ndhav¢ come across no other matters in COM￿tion with the exaMI￿tion to which att¢llti sbould b¢ ¢JTrwn in th]sTe￿ ill order to c[￿ble aprOperWMlets￿g ofthe ￿￿oUnts to be reacheiL Name: Debbie Well¢￿mme Relevant professional qualification ormembership ofprofes5ional bodies (if any).. FMAAT Company: Support Staffortsbire AddTESS". Stafford Civi¢ Centr4 Riverside, Staffrf Staff0td8hi￿ ST16 3AQ 221812023 Pog¢3 CETffliE TRUST CIO TrADiNG THE EDWARD MARSH CE srATEMEKf OF FINANCIAL AcfiviTIES FOR IHE YEAR ENDED 31ST MARCH 2023 21Y23 Tothl fvndy TolAI fund8 Nole• INCOME ANDENDOWMENTS FROM Dontitions and grants 151742 Oth¢rtr•ding &Xivitiei Totsi 229.848 EXPEiYDITURE ON Charithbl• obi￿tiV 69.115 NETtNCOME(EXPENDITURE) 160.733 RECDNCILIATION OF FLINDS Toth] fund• bro￿trOrn1d TOTAL FUNDSCARRIED FORWARD 160.733 The forni part ofthese fiDanciai 81&anELts Pagè4 CENTRT. TRUST BALANCESHEET 31STMARCH 2023 2023 Totsl 2022 Cash atb8nk 160,733 NETcuRRE￿ ASSETS 160.733 TOTAL A&SETS LESS CURRENr I￿,733 NET ASSEIS FUNDS Urjrestrictedfimds: Working c4pitAI Playing fields 31804 8.616 Renov8ti0tt lo,0￿) 54,45 3.866 The N&lott￿ iL)ttery 160,733 160.733 TOTALFUNDS The fin8neis] staleM￿ts were approvedbythe BoardofThJsteesandauthorised fori&8ueon 25thJu]y2023 8nd w¢r¢ Si8ned on its ithlfty. P8m V8Ddorne.Trust¢¢ P88¢5 CENfRETRUSTCIO FOR THE YEAR ENDED 31ST MARCII 2011 ACCOU￿￿NG POLICIES B•tl• •f pryrlni tbt lID￿￿111 st•teDKntr The fin#D¢ial 8thtan¢rt¢8 of the clwrty, which 18 a public ￿er]L entity under FRS 102. have been ID accord8nce the CharEtieB SORP (FRS 102}'AccountingandReportingby Chwitl¢8', Staternentof R￿Ornmend PrActi¢e Appli¢fybl¢ to ¢hwitie8 pf¢pAriftg thwr a¢wuots in a¢¢ord8n¢¢ with the Financial Reporting Ststtd•rd applicAble in the UK and Republic of Ireland (FRS 102) (effeetive l JaDu￿ 2019}'. Firwi¢ial ReFthing Stsndard 102'The FiTWLci&I Reportin8 Standard applicable in the UK Artd Republi¢ of Ir¢l8nd' and the Chariti A¢t 2011. The finpDcl￿ 8tat¢ments hNv¢ be¢n prepattd undc¥th¢ hi8tOTi¢al eonva)tw) Th¢llryfto¢ial slat¢ments arn on& receiptBBnd pJ)Thents bul8. Th¢ thority is ￿emptfrOM tax ott its ch￿tthIe ¥tivitir6. F•nd I￿o￿￿tIng Uorestricthd fimds ¢￿be used inacJnotB) rtt¢ived from KinY¢rSports andcommwiity Al￿1￿ MARSH RECREATION GROUND AND commuN￿y CENfRF TRUST CIO TRADING AS THE EDWARD MARSH CENTrE NOTESTOTHE FINANCIAL sfATEMENIS. tothtlhued FOR ThE YEARENDED31ST MARCH 2(123 MOVEI¥IENf IN FUNDS- eondnlled ComparAtlvt4 rormovement ltt Net At1.421 in funds 31J22 Ullrestrlcted Working L¥pitsJ Playing fields Renovati Th¢National t TOTAL FUNDS ComtArntiYe netmoverne￿ ill fimth. itt¢ludtsJ in the Above s￿ aB follows.. UnMtrl¢ted flln wrting ¢apitsl Playitig fi¢￿1 Renovati Thc Natio]￿1 I￿ RELATED PARTYDISCLLISURES The￿were no related partYts8D$actio￿ forthe ye4reodeAJ 31stMartb 2023. DETAILEDSTATEMFNTOFFINANCIAL AcrivmES FOR THE YEAR ENDED 31ST MARCH 2023 JNCOME AND EI¥DOWMENrs 2023 Don*tloDi *Dd Gr￿ts Sunthies Don8tions snd Glants Trnnsf¢r from KSCA 85,434 64,768 IS1742 Other tradlng Ncdvlthi FuDthaistn8 events afé and baroJmttLiSSiOD CoDmiunity café Footballpit¢h hir¢ Hiff orh￿l al￿ r¢)otDS 8.161 3.765 42.102 1,091 21987 77.11 Totsl IneomlDg rgwurc 229148 E4xndlture R*hlDg DoD•don• ￿dIe￿I