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2025-03-31-accounts

R EGISTERED CHARITY NUMBER: 1198207

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO

TRADING AS THE EDWARD MARSH CENTRE

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

CONTENTS OF THE FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 ST
MARCH 2025
Page
Report of the Trustees to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements **6 t8 **
Detailed Statement of Financial Activities 9

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102)(effective 1 January 2019).

i

OBJECTIVES AND ACTIVITIES

Objectives and aims

The provision and maintenance of a community centre and playing field and recreation ground for the use of the inhabitants of the Parish of Kinver and the neighbourhood.

Significant activities

Provision of sporting activities including football, cricket and other outside facilities including skate park and basketball together with numerous indoor activities for organisations including U3A, indoor bowling, keep fit classes, art classes, model engineers, repair cafe and social events. The centre has a community cafe, run primarily by vohmteers which has become very successful.

Public benefit

The Trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The main achievements in the year under review have been the considerable maintenance and improvement to the internal condition and decor of the building for the benefit of the users and the community. This was made possible by the substantial input of the Trustees and volunteers .

FINANCIAL REVIEW

Reserves policy

T he charity has a policy for holding ring-fenced reserves for the playing fields, roof repairs and for building renovation costs. Over the last four years we have been in discussion with the National Lottery to obtain funding to put a new pitch roof on the community centre.

However, due to COVID and cost of labour and materials the sum we had hoped to receive has been somewhat reduced. we had to change the specification and go for a new flat roof, the total cost of which is £266,285. Just recently we have been informed we have been successful in obtaining a grant from National Lottery for £199,235 n We had to assure National Lottery we had the rest of the funds, £67,050 in place. This meant that in the short term we had to reconsider our reserves policy and contingency (2024 £10,000), and building renovation (2024 £10,000) have merged into one reserve sum of £67,050 for the new roof project. We continue to hold the playing fields reserve of £7,097 (2024 - £6,732).

The charity has received several grants during the year that are still work in progress, the total amount held at 31.03.25 is £16,843 (2024 - £40,641) of which £14,925 (2024 - £21,474) relates to landscaping and planting of the Sterrymere, £0 (2024 - £15,000) to refurbish changing rooms and £1,918 (2024 - £4,167) for other grant work.

The charity was awarded a grant of £99,375 from SSDC UKSPF residual fund to underpin the building and refurbish the changing rooms and disabled toilet facilities. The total project cost was £162,312. The Charity had to make up the shortfall of £62,397, £15,000 was already ring fenced (see above) and we were successful in receiving a grant from Ken Wrigley memorial fund of £10,500 towards the project. The remaining £37,437 came from general reserves of which £27,632 had been set aside at 31.03.24 and the balance £9,805 from fundraising activities during this financial year.

The further balancing reserves of £17,788 (2024 - £31,566) are viewed as general working capital of the charity. The Trustees are aware this is a significant fall in general reserves and will continue to work tirelessly to carefully manage fixed costs, hold fund raising activities and increase the use of the centre to increase the general working capital of the charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an incorporated charity.

Pagel

: MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Committee of Management, when complete, consists of 11 persons, being 9 elected members and 2 nominated members. Elected members are appointed at the Annual General Meeting and hold office from the end of the Annual General Meeting at which they are appointed. Nominated members are appointed by District Council and Kinver Parish Council.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1198207

Principal address The Edward Marsh Centre Legion Drive Kinver Stourbridge DY76ET

Trustees Geoffrey Ashfield (Appointed 10.03.22) Chris Vendy (Appointed 10.03.22) Pam Vandome (Appointed 10.03.22) Ann Becke (Appointed 18.04.22) Mark Middleton (Appointed 18.04.22) Hilary Vendy (Appointed 18.04.22) Georgina Andrews (Appointed 18.04.22) Lin Hingley (Appointed 22.08.22) Andrew Shepherd (Appointed 22.08.22) Andy Calloway (Nominated by Kinver Parish Council 01.06.23) Gregory Alan Arthur Spruce (Nominated by SSDC 23.05.23)

I ndependent Examiner Debbie Wellecomme FMAAT Support Staffordshire Stafford Civic Centre Riverside Stafford ST16 3AQ

Approved by order of the board of trustees on 16th July 2025 and signed on its behalf by: Geoffrey Ashfield - Trustee

Page2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

I report to the charity trustees on my examination of the accounts of the Marsh Recreation Ground and Community Centre Trust CIO Trading as the Edward Marsh Centre (the Trust) for the year ended 3[1][st ] March 2025 .

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Acl

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect :

1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. The accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached .

Signed:

Name: Debbie Wellecomme Relevant professional qualification or membership of professional bodies (if any): FMAAT Company: Support Staffordshire Address: Stafford Civic Centre, Riverside, Stafford, Staffordshire ST[1] 6 3AQ Date :

Page3

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

STATEMENT OF FINANCIAL ACTIVITIES
FOR
THE
YEAR
ENDED
31ST
MARCH
2025
INCOME AND ENDOWMENTS FROM
Donations and grants
Other trading activities
Total
EXPENDITURE ON
Charitable objectives
NET INCOME (EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Note
2		 2025
2024
Totl
Totl
fnds
fd
£
£
120,888
49,448
183,333
304,221
201,523
322,014
235,685
(17,793)
(34,162)
160,733
108,778
126,571
152,075
126,571		 2024
Totl
fd
£
49,448
152,075

The notes form part of these financial statements

Page4

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST TRADING AS THE EDWARD MARSH CENTRE

BALANCE SHEET
31ST MARCH 2025
CURRENT ASSETS
Cash at bank
NET CURRENT ASSETS
TOT AL ASSETS LESS
CURRENT LIABILITIES
NET ASSETS
UnrestrictedFunds:
Working capital
Playing fields
Roof project
Contingency
Renovation
Changing rooms & underpinning
Restricted funds:
Sterrymere
The National Lottery
Other Donors
TOTAL FUNDS
Notes
5		 2025
Tot
funds
£
108,778
108,778
108,778
108,778
17,778
7,097
67,050
0
0
14,925
0
1,918
108,778
0		 2024
Tot
funds
£
126,571
--
126,571
126,571
126,571
31,566
6,732
0
10,000
10,000
1,591
21,474
2,576
126,571
42,632

T he financial statements were approved by the Board of Trustees and authorised for issue 16th July 2025 and were signed on its behalf by:

Pam Vandome - Trustee

The notes fonn part of these financial statements

Page5

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTR E

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

l. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS I02, have been prepared in accordance with the Charities SORP (FRS I 02) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 201 I. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a receipts and payments basis.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the Report of the Trustees. 2. OTHER TRADING ACTIVITIES

Fundraising events
Cafe and bar commission
Community Cafe
Football pitch hire
Hire of hall and rooms		 2025
£
21,519
8,890
99,906
2,254
50,764
183,333		 2024
£
15,090
9,163
78,393
4,191
45,238
152,075

3.

TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 (2024 NIL).

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 st March 2025 (2024 NIL)

continued. ..

Page6

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST TRADING AS THE EDWARD MARSH CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

4. STAFF COSTS

T he average monthly number of employees during the year was as follows :

5.
Direct staff
No employees received emoluments in excess of £60,000.
MOVEMENT IN FNDS
Unrestricted funds
W orking capital
Playing fields
Roof project
Contingency
Renovation
Changing room & underpinning
Restricted funds:
Sterrymere grants & donations
The National Lottery
Other Donors
TOTAL FUNDS
Net movement in funds, included in the above are as
follows:
Unrestricted funds
Working capital
Playing fields
Roof project
Contingency
Renovation
Changing rooms & underpinning
Restricted funds:
Sterrymere grants & donations
The National Lottery
Other Donors
TOTAL FUNDS
!		 At l.424
£
31,566
6,732
0
10,000
10,000
42,632
21,474
1,591
126,571
Incoming
reour
£
106,695
2,254
67,050
0
0
119,680
0
3,000
304,221
2,576
5,542		 2025
7
Net
movement
in funds
£
(13,778)
365
67,050
(10,000)
(10,000)
(42,632)
(658)
(1,591)
(6,549)		 2024
7
At
31.3.25
£
17,788
7,097
67,050
0
0
0
1,918
0
108,778
Movement
in fnds
£
(13,778)
67,050
(10,000)
(10,000)
(42,632)
(658)
(1,591)
(17,793)
14,925
365
(6,549)
(17,793)
Ru
expnde
£
(120,473)
(1,889)
0
(10,000)
(10,000)
(162,312)
(658)
(4,591)
(332,014)
(12,091)

continued. ..

Page7

MARSH RECREATION GROUND AND COMMUNITY CENTRE TRUST CIO TRADING AS THE EDWARD MARSH CENTRE

NOTES TO THE FINANCIAL STATEMENTS - cont continued FOR THE YEAR ENDED 31 ST MARCH 2025

5. MOVEMENT IN FUNDS - continued Comparatives

for movement In funds

Unrestricted funds
Working capital
Playing fields
Roof project
Contingency
Renovation
Changing rooms & underpinning
Restricted funds
Sterrymere grants & donations
The National Lottery
Other Donors
TOTAL FUNDS		 At
1.4.23
£
32,804
8,616
0
10,000
10,000
0
3,866
54,450
40,997
Net
movet
in fd
£
(1,884)
0
0
0
42,632
(1,290)
(32,976)
(34,162)
(1,238)
160,733
(39,406)		 At
31.3.24
£
6,732
0
10,000
10,000
42,632
21,474
126,571
31,566
2,576
1,591

Comparative netmovement in funds, included in the above areas follows :

Unrestricted funds
Working capital
Playing fields
Roof project
Contingency
Renovation
Changing rooms & underpinning
Restricted funds
Sterrymeregrants & donations
The National Lottery
OtherDonor
TOTAL FUNDS		 Icom
reou
£
107,133
4,191
0
(67,871)
42,632
12,250
0
Resu

exn
£
(108,371)
0
0
0
28,465
0
(45,226)
(235,685)
0
(6,075)
(8,142)
6,852
201,523		 Moeme
i fd
£
(1,238)
(1,884)
0
0
0
(32,976)
(34,162)
42,632
(1,290)
(39,406)

There were no related party transactions for the year ended 31 st March 2025 (2024 NIL)

6. RELATED PARTY DISCLOSURES

Page 8

0

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025

INCOME AND ENDOWMENTS


INCOME AND ENDOWMENTS
Donations and Grants
Sundries
Donations and Grants
Other trading activities
Fundraising events
Cafe and bar commission
Community cafe
Football pitch hire
Hire of hall and rooms
Total Incoming resources
Expenditure
Wages
Water
Booking fees
Light and Heat
Telephone& alarm rental
Professional fees and licenses
Cleaning materials & travel
Football sundries/ pitch marking(inc in 2024 £5,334 for tractor in 2025
£3,000 for bucket)
Football/Purchase of new tractor(total £32,334)
Automated barrier
Repairs & refurbishments
Refuse collection & pest control
Community cafe expenses
Sterrymere grant
Underpinning of building
Disabled toilet & changing room Refurbishment
Other expenditureOverheads
Insurance
Accountancy
Sundry expenses
General
Total resources expended
Net Income/(expenditure)		 2025
£
2,471
118,417
120,888
21,519
8,890
99,906
2,254
50,764
183,333
304,221
15,153
1,190
3,585
15,500
677
16,422
222
4,887
0
626
20,810
4,092
91,514
6,314
300
1,713
8,577
322,014
(17,793)
55,870
313,437
250
70,798
12,091		 £
1,881
47,567
49,448
15,090
9,163
78,393
4,191
45,238
152,075
201,523
14,952
922
3,285
18,297
832
6,680
241
6,075
24,600
8,,518
3,713
61,242
0
2022
2024
27,000
0
45,226
171,331
5,535
450
6,769
12,754
235,685
0
(34,162)

This page does not fonn part of the statutory financial statements

Page9