Ch•rbty regl•tr•tlon numbtrr 120970e FISHBOURNE PLAYING FIELD ASSOCIATION CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PEAIOO ENOED 31 AUGU8T 2026
FISHBOURNE PLAYING FIELD ASSOCIATION CIO LEGAL AND ADMINISTRATIVE INFORMATION Trusts Lynd8 Huntw ICLwled) Kewn Cart•r ICh8imi¥n} Anthony Harrison Ro8alind Craddo¢k David Cradd(k GeolTrey Hand P Stone (AFydnt•d 11 June 20281 Ch•rlty numb•r 1209708 Prfn¢lp•l addm• 46 Blackboy Lan• Fiihboltme Chlchest•r West Sus$•x P018 8BE Ind•p•nd•nt •Jt•mln•v Jordan Abbott 8ScACA Carpenter Box Plp•r Ho 4 0uk•B Court Bognor Road Chithesl•f W•st Sus8•x P019 8FX
FISHBOURNE PLAYING FIELD ASSOCIATION CIO CONTENTS Pg• Trugtee8' report Ind•p•nd•nl examir8 r•port St•t•menl of fln•nd•l •c*vltl•$ 841•nc4 $h•et Ntst•i lo th• fln•ndal •t•tsmentB 7-19
FISHBOURNE PLAYING FIELD ASSOCIATION CIO TRUSTEES. REPORT FOR THE PERIOD ENDED 31 AUGUST2025 The tfUBtees present their annual report and finanual statemts for the period ended 31 Augu$l 2025. The fin•nug1 ¥t8t•m•nts have been prnpar•d In accordance vmh th• awounting polide8 8•t OLrt In not• I to th• finanaal statements and compty wth the FPFA'S trust deed. the Charth'es Act 2011 gnd "Accounting and Repvlng by Charili•$'. Statemant of Recommend Pr8et1 appllcable to charities preparing th•ir accounts in •ccLirdance with th• Finano•l Raporty'ng St•ndard IpplibIts In th• UK 4nd R•publie ol Ireland IFRS 102y' l•ff¢cttv• 1 January 20191. Oble¢tlvM •nd •ctlvltl•• To furthèr or befit thtr r•$id•nt• of Fi8bboumt in th• P4rlsh ol Fi$hboume and the ndghbourhood, without di8tinction of x. sexual orienlalon. roc• or of political, religiou8 or other ¢)pinions by assoriat+ng togth•r tha 88id r•wdnl$ ond th• lo¢al authorities, volunlory and olh•r or9ani88b'on8 in a cLsmmon •ffort lo advanc8 educaticn and to provide farAliliti th& int•re$ts of Bodal welfare lor reutsalion and l•i8ure time ocajpatlon with th• obj•ctiv• of Impron9 the c4nditions of1S1• lor the re•id•nts. In furtheran ol these tsty'ects but not othewse. the trustees Jhall have powor.. To estsblish c¢ J•¢ur• th• •8tablishm•nl of • community centr• and to maintain or manage Of cwp•r81• wth any statutory authodty In th• mgint¢nancAry And mAnagement ol euth • contre for actltieS prom•d by th• charfty In fvrth•ranc• ol th• abo obj•et•. Th• polid•8 adopted in furtheranrx of th•8• objects are to encourage th• use of tho grounds by provl8lon and m¥Int•n8n of Iporting Ind playground ¢¥olifj•s for both by individual m•mb•rn ol the I1 cunmunty 8nd by dubi and •11•8. Chang• In con•tttutlon Th• c4)arty w•• r•gl•l•red •• • Ch4rit#bl• Incorpor•t•d OrgAni••tlon ICIOI on 22 August 2024 to t4k• ovw from the Charitabl¥ TnJ$t of th? ¥am• name. Th• o8••t8 4nd Il•b114ts'•• of tho Charitwbl• Tru•t Wore tr•fi•f•rred to th• n• charity on 31 #t D0mber 2024. Th• obl•L1iv8s 4n¢J ¥ctivlU•• of th• n•w cttarfty ar• fund•m•nt•lly th• ••m• •• th• Charltbb• Trult and I tran$on ha8 bn M¥mlei8. Furth•r d•¥•lopm•nt• •r• In proc••• A pmlect l• und•Th¥•y to dear th• mlllennlum pond and thè lurroundlng •r•• and imwov• 10 acce••. induding %th•elchali friendly •c¢a$J. Th51 wol•Lt IJ In pirtnership vAth Portsmouth •T. Th• Tfu•l••$ ar• al80 exploring p¥rtr?r¥hlp• wth other organi8Ationg ProdIng complern•ntsry D•Thic•$ lo th• ¢ommunty. Th• Men's Shed 18 now fvlfy s•t up and operational. DiJrAJssityi# •r• taking place wth * 3rd paty OmnY o VIOW to prowding 2 padel ¢ourt$ in addition to the existsng lenn1$ courts. Planning pernw81iM h88 been ppll•d fty by th• 3rd party company. The Trusteèi hav• approved an inve%tment wlhin the Communty Centre lo prowd& coffee shop fac*liti'e8 throLtgh day as an extenOn of the exl$bng i•rvic•$ available to users of thè fi•ld ond the comfftjnrty ntre. Thii f4c41 will bec¢mt av•il•bl• In K4ar¢h 2026 and wll be managed by our subsidiary trading ¢omp¥ny. The TYu8t••8 ¥tM •x•mining opportunltl•$ to fvrth•r r•duc• th• c4rbon footprlnt of th• community ntr• by further investrn•nt in 8c4ar en•r9y. The Trustees are working wth Fighboume Parish Council on the potential use of the cJ)mmunity Centf• as th• Village Resilience Centre in th• •v•nt of a need arising from a to1 ¢JS$aster. Agreement> are al in place 2 local homes lor the community centre to be availabl• In thtr trv•nl that th& homes ne?d to b• •vacuated in an emergency. Publk b8néfft Th• truste•$ have paid due regar¢1 to guldance i88u•d by the Charity CommlJ8lon In dedding vth41 acti.18 th• FPFA Should unk1•rtake.
FISHBOURNE PLAYING FIELD ASSOCIATION CIO TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST2025 Achl8v•monts •nd wrfornianG• Signifi¢ant 8¢tivili&s and aChVnInIS og8inst objectives The improvgm•nts in the thildren'8 play area were oJmplet•d In the year. Th• fae41iti•i for exerrAiing round the perimeter of th• fi•ld w•r• •nhanced by the provision of a pathway round the iouthom boundary ollh• fi•ld, com¥ting th• c4rcuit. Th• playlng field is home to The Romans youth football dub which provid88 football coaching for children aged 4 to 17, and adult I••9 footb411 with Fi8hboum• FC. Th• wtthe• afe 4180 u$•d by othw local footb•ll dubB for tralnlng and youth matches. The t•nnl• dub 1$ v•ry •ClI •nd in •ddition to dub s•s•icl th• t•nnl• courts h•ve b••n u••d for coaolng ¥ll •g• group8 and lor publ1¢ hirt. The t•nnl$ dub conllnu•• to inve•t In thelr f•cllthe•. Th• bovA• dub #nd th• ttoquel dubl hv• •xp4nd•d th•ir membernhip and are •cllv•ly Invc4v•d In promovng tholr Th• Men'i sh ho ••t up th•lr l•dlNl•i on •lt• •nd ar• •xpandSng Ihalr m•Mr$hip to lo¢al mon and wom•n. FIMncl•l r•vl•w The followlng InfornHtlon r8lat•8 to tho perfod 1 January 2025 to 31 August 2025. Donalloni W•fe r•c•lv•d lotalllng £9,858. Grnl$ r•c•lv•d toward• d•velopment Ixol•cts w•r• £22,375. In¢om• from fi•ld u8•r• w•8 £8,485.'.R•rrtal income was £15.670.. Inveltment incom• from bank 8nd other int•r••t w•8 £1,025. Expenditure on ¢h8ntable activtra exduding dewod•tlon w•1 £27,502. C•pit41 ndItUr0 on dIoI #nd qulpment Sn the y••r amounltrd to £35,172. Al th• bal•n¢e sheet d4t• r•8•rv•8 totalled £747,574, 01 £552,975 were h•kl in re$thd•d fvnds •nd £194,599 were hld In unr•stricted fvnd$. Indud•d in unrestricted fvnd8 w•r• £21.870 designated.lund8. R8serves polKy It is the Poli of th• FPFA th¥1 unr•$th¢t•d fiJnd8 which h•vtr not b•8n d•8i9nated for g speu'fic uje should b• maintainèd at a level oquivalenl to Nyelva month's exp•ndtture. Thè trugltes nsider that rgg•rv•g at this level WAII en5uTe Ih•t, in th• evont of a 8ignffjcant drop in fijnding, Ih•y wll be able to continue the FPFA'5 Jrr•nl activities while considerats.on 1$ given lo w8y8 in whith additional fvndg may b• rnl$ed. Th1¥ l•v•l ol r•seNes has been 4$9•8g•d gt £35,000 and has been malntsined IhroughoLrt the year. Rl•k Management.. The truBt•8s have aBse8sed the major risks lo whid) th• tharity is exposed, and ar• i$fi•d that $y8t•m8 aTe i pl•c• to mitigAt• OXPOsure to the Thl0r ri&kB. Major risks indu¢J•'. Thlrd patty 114blllty arising from th• publlc of falitIeS on $lte- •ddre$88d by r•gular s•fety Snsp•thon• ond mprehenSive insurance covèr Risk of damage to as$•ts and building arising from fire, th•ft or malidoLbS damag•~ addre$sed by 24 hour fire and intrud•f alarm Jyltsm and CCTh ¥¥rage inside and extemal and CoMprehenve in8uran¢e v•r. Ri8k of loB8 of fundB du• to fraud or mi88ppropriabon - ¥ddI•so by mgular reporting to tW8teeB and external accounting reviv*.
FISHBOURNE PLAYING FIELD ASSOCIATION CIO TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 Structur•i gov•rnanc• and rnanagemont The Fishboume Playing Fidd Association CIO IFPFA) was •Stablith•d 88 a n•w chanty on 22 August 2024, re8n9 a Chartsbl• Tw8t establiBhed on the 27 February 1970. Th• tNJt8•B who Served during th• p•rlod •nd up to th• dat• of wgnature of th Iln•nd•l 8t•lwn•nl8 %wr•'. Lynd• Hunter Ickwledl Ktsn Carter Ichaimwnl Anthony HarriBon Rosalind Craddoc4( David Craddock G•offtey Hand 8arbara 8rook•vSmllh P Stone IRe8ign&d 10 November 20251 IAppoint•d 11 Jun• 20261 ReGwllmenl and 8pprnlmenl oltrust86s The chilrm¥n ol Fi$hboume Parish Council ig an ex-offlclo Trustee. Thls ig CUrTllY L Hunl•r. All oth•r Tru•t••i arn lèct•d annualty at th& Annual Gener41 Meeting or, N ¢tropt•d durtng th• y•ar, ¢onflnn•d by elocts'cn at the next Annuol G•n•r•l M••tinq. oan1&allOneltstnlUTr Thtr FPFA li m•naged by the board of Tru•lw. Fi•hboum• Playing Fi•ld Ltd, a eompany Ilmlted by guarani•• (comnY Number 082607831, •cts •• • nomlnv for th• purpts$• of holding Itg¥l lill•s lo land and prop•rty. Th• Fidd Commltt•• m8n•9•1 th• m•int•nanc• of th• pl•Ong Ilddi and th• $portlng f•ulltl••. Thkn is • •ub ¢oMmItt ol m•mb•r• of th• Trust•• board and r•pre8ent•ts'veJ of •i•ocs•ted •port8 ¢tub$. Thè Flhboum• C•ntr• li mAn49•d by th• Tr'rn¢torn of Flbrna Centre TT4dlng Ltd vthl¢h i• • wholly own•d •ubiidlary ol tho FPFA. R8lalionshlp with rn18t8dp8rt18s Fishboum Centre TTding Llmh•d [• 4 vknolly ry•¥n•d •ubsldlAry olth• FPFA IncowAted on 24th NoV•Mr 2009. Fljhboumts Playing Field Ltd is a compony limited by guarantee. The members and Directors eJ)n•l8t ol the OffirI of the 8880C4atson (Chair, Becretary #nd Ir•a8ur•rl and th• cair of Fl•hboum• Part$h Coundl. Th• ••s' r•pNt was opproved by the 804na of Tru8t•es. Kewn Cartel {chainn) Tru•t•• Dale..
FISHBOURNE PLAYING FIELD ASSOCIATION CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FISHBOURNE PLAYING FIELD ASSOCIATION CIO I r•port to th• tru$l8s on my examinalion of th• finanaal statements of Fi¥hboum• Playing A880aation CIO Irhe FPFAI the period ended 31 August 2025. R•8poMlbl1ltl and 814 of rnport As the trustee3 of th• FPFA you are re>pon•ibl• for th• pr•p•ratyon ol the finan1 ¥tst•merrt• kn accordan vllh lh• r•quiiom&nts of Ihe CharitioBAct 2011 (the 2Q11 Act). l rnport in reyL# ol my examination of the FPFA'$ flnand•l stat•ments carried out under 145 of the 2011 Act. In carrying out my 8xamin'on I ha foMow•d all the Appllc•ble 'rtiOns giv•n by th• Charlty Comml•$ion und•r se('on 145151(bl ol tho 2011 Act. Ind?p•nd•nt •x•mln•rf• •tat•m•nt I h•v• ¢omplet8d my examination. I corfflrm th81 no m•tt•rn ho com• to my attention In conn•dM ihe •xamln8tyon giving me c8u8e to b8li8ve that in any material re$pact'. •¢counting recordi were not kept in re8peci of the FPFA a• r•quired by s•ction 130 olthe 2011 Ad.. or lh• flnancAal staternentJ do not accord wlh those rewd$', or the finan1 ¥tatements do not comply with th• applicable requirement? cOnmIng th• fomi and content ot a¢¢ountS g•t out in the Chanties (AauntI and R•port$l R•gulabonB 2008 other than any r•qulrem•nt that the accounts glve • true and falr vi•w which18 not a matt•r conglder•d •s part of an independent exAmlno11on. I h•vtr no cmI •nd hav• com• •eAo•• no other m•tt•r• In conTr•clion with the •xmln#tlc to whlol attention should be drgwn In Ihl• report In ord•r to •n•bl• • Proper und•r•t•nding olth• flnandal Jtatsmenlj to r••ched. Jord•n Abbott B3c ACA Carwnt•r Box Pip•r House 4 Dukes COL Bognor Rood Chl¢he$ler W•$t Su880X P019 8FX 2610612026
FISHBOURNE PLAYING FIELD ASSOCIATION CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 AUGUST 2025 Unmtrlct•d Ro•trfctsd fund• nd• 2025 2025 Totsl Unrn•trletsd AmCtsd fvnd• fund• 2024 2024 Total 2025 2024 N¢)t•• In¢om• from: Donation$ and legaci•• Charitablo acts'wti Other trading activ+tl•$ Inve8lmenls 7,963 36,970 34,842 1,407 33,363 41,328 38,970 34.842 1,407 11,350 34.970 12,049 1,142 31.881 43,231 34,970 22,492 1,142 10,443 Totsl Incom• 81,182 33,383 114,545 59,511 42,324 101,835 Exp•ndliur• on: Ral•ing frJnd$ Ch•rltAbl• actMti•s 21,881 59,859 21,881 87,258 4.798 81.40S 7,228 21,562 12,028 82,967 27,597 Total •xpendltur• 81.540 27,597 109,137 88.203 28,790 94,993 N•t gainslllosusl on nv08tMt1 13 11.5321 {I,S321 12.904 12,904 N•t In¢om•ll•xp•ndltuv•l (1,8901 5,768 3.876 0,212 13,$34 19,748 Tran•fern fur*di 15 9,143 19,143) N•t mov•m•nt In fund• 7,253 13,377) 3.878 8,212 13,534 19.746 R•conclll•don of fundB: Fund balances at 1 SePtemr 2024 187,347 558.351 743,698 181,135 542,817 723.952 Fund balanc•• at 31 Augu•t 2025 194,800 552.974 747,574 187,347 556.351 743,898 The ststemenl ol fin4naal activities indudes all galns and 1011•8 r•cognig•d In th• peiiod. AJI incom• and exp•nditur• dorive from continulng •¢tlvth•$.
FISHBOURNE PLAYING FIELD ASSOCIATION CIO BALANCE SHEET ASAT31AUGUST2025 2026 2024 Not•• Flx•d ••••t• Tangible InlImlS 597,800 43,261 594,472 98.894 17 641.061 893,368 Curr•nt ••••ts Debtor8 lalling du• after ono y•#r D•blor$ 18lling du• ¥thIn one y•*r Cash 41 bank and in hand 38,500 10,604 82,170 18 10,643 45,718 109,274 58,361 Cf•dltorn: amounts f•lllng du• vAthln on• ymr 19 2,781 8,029 Net currant •$••ts 106,513 50,332 Totsl ••••ts I•u ¢UTrnnl Ilablllll 747,574 743,098 Th• fund• ofth• FPFA R05tric¢ed Income fund• Unr•$trictod fundi 21 552.974 194,800 558.351 187,347 747,574 743.898 Th al ststem•nl8 wèr• approv•d by th• Iru$t•es on .. Kevin C¥rt•r ICh•irm•nl Tru•t••
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025 Ac¢ountlng pollcl•• Ch•rlty Infornitttlon Fi8hboume Playing Field Asswali¢)n CIO is a Charitable Incorporated organl8th.on regi8ler•d In Eng18nd and le$ (number 12097081. 1.1 R•portlng p•rfod The finanaal statement# •T• for th• 0d from the CIO reg18trali¢)n date 0122 August 2024 to 31 August 2025, with the figuf8S being from 1 January 2025 (Vth th• au•ts, 114.11t1•S And funds wer• tr4naf•ffed In from th• unin31d Charity) to 31 Augu8t 2025. 1.2 A¢¢ountlng eon¥•ntlon Th finanu818tal•m8nts have bwi prap•r•d In •curd•nc• vAth th• FPFA'I TNit d••d, th• Choriti•8 A¢1 2011, FRS 102 'Th• Flnanaal Repo.9 Standard applicable in the UK and R8public of Ireland" I'FRS 102.1 and th• Charit189 SORP 'AOun'ng and Reporting by Charities.. Statement of R4comm&nd•d Prath'ce 4ppll¢•bl• to ch¥rili•$ preparing their 4¢¢0unt• in accordan with the Finanri41 Reporting Sl8nd4rd applicable in thtr UK ond Rapublic of Irend IFRS 1021" loffectiv• 1 J•nu•ry 20191. Th• FPFA 51 a Publ1¢ Benefit En'tY al defin•d by FRS 102. Th• FPFA hu thken advantag• of tho p1¢)n In th• SORP for tharftlei not lo pr•p•r• ¥ Stsl•mont of C4 Flowfy. The Iln•ndal ItatsmlS are pr•p•r•d In il•rtlng, whith Is th• fvnctlon41 ¢Urr0 of the FPFA. Mon•try Amounto in th•8• fin•nrAal •t41ements round•d to th• n••r•8t £. Th• finandl il•tement• hAv• hon pr•p•r•d und•r th• hl•loricAI tosl convention, modifi•d to IndJde c4rt41n fln•naal In•trum•nt• at flr lUt. Th• prfndpal 8crthintin9 pollrJe• •dopttrd are ul otrt Wow. 1.3 Golnq conc•m Al the me ol approvln9 the finanaal stat•menl$, lh• Iru•te•$ haw o r¢asonablts 8xp•&•llon Ih¥l the FPFA ai adequiltr r•sour¢•$ to rxjntlnue in operational existen for th• fw•888able futUTts. Thuj the trt•l&e• continue lo adopt lh• 9olng ¢onMm bas1• of accounts'ng In pr•parfng tho fin•nc4•1 slqt•m•nt•. 1A Ch•vtt•bl• fvnd4 Unr¢$trithd fvrKl$ are qvailable lor u•• at th• dl•¢r•¥on of th• tru8tMi in furtheran of th•lr ¢harft•bl• objectives. Restn'cted lunds are subject to Jpadfic condition8 by donor8 or grantors 0$ lo how they may b• u••d. The purpo8è8 and u8e8 of the feslrf¢t•d frJnd$ are set out In th• not•s to the financial $l•t•m•nt8. 1.5 Incom• Ineome i• recognised vth•n th• FPFA Is1•9olly •nthl•d to rt aft•r any perfom•nc• condltlon$ hav• b••n m•t. the 4mounl$ can b• rn848urnd rell•bly, and l• prObae that Income wlll rei¥•d. Incomo i• r•cognl••d net of VAT. Cash Jonabons are recogni3ed on r•¢eipl. Other donation8 ar• regnISed once the FPFA has been notlffi of the donation, unle88 performance condltsons requlre deferral ol the amount. Incxtmts tax recov•rable In relation lo ¢Jonation8 re¢eiv8d under GiftAld or deeds of o)venant is recogni•ed •t th• time of the don•ts'L. L•gaa•8 are r•cogni8ed on Teraipt or tsthtsrwi8e if th• FPFA h•8 baen notified of an impending di8trlbutim. the amount 1$ knry0. 8nd r•c•ipt IB expecled. 11 the amount ij not kntr•vn, th• i¥ tr•At•d •$ ¢onting•nt as8et. R•nt Is r•¢ognlsed In th• pgriod to whic* it relate•.
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 Accountlng pollcl•• IcontSnu•dl Inme fundTaSsing events is recognised in the perfod wh•n th• event take8 place and incom• rVed In dv4ncè l• 001T•d. 1.6 Exp•ndltur• Expenditure 1$ re¢ognl8tsd once Ih•ie 1$ a legal or con8trndlv& obllgallon to transf•r economic ben•fft to third paty, tt is probable that a Iransfar of •¢onomic benefits wll be required In 8tsttl•ment, and the amount of th• obllg0ts.on c•n m•g•urod rellably. Exp•ndilLtr• is das8ifi¢d by ath'vity. Tho costs of e¥¢h activity are made up ol the lot41 of dirxt COSty and shaied cosly. induding iupport costs Involved in undertaking each actlvity. Olrect ¢08t$ attn'butalje to a 8ingl• actiwty are allocated diredy to that actiwty. Shared costs whith contribute to mortr than one aGt'vity •nd Support ¢0918 which are not attribut8bl• to a single ¥cbvity gre apportioned btheen tho•• o¢tivitss on ¥ baJl8 conjistenl wllh the of r•soure•i. CMtral staff co$1$ gr& allocated on the bas1• of tim8 spent, and doprtd•t4on ch•rge$ •r• 4llttaled on th• portion of th• •$8•t'• u8•. Ra•ou? •xpend•d are •cuunt•d for on an Accns•ls b••i$, net of VAT. 1.7 T•nglbl• flx•d ••••ts T•ngibl• fixed aB¥ets are IniliAlly m•a8ured •t C1 and jub••qu11Y m•••ur•d at co•t or valu•fjon. not of d•prndatyon •nd any Imp•imi•nt los•e•. O•pr•ciation18 rfjeognlmd $0 48 to writ• off the o)8t or v•lu•lon of a•••t•1•88 th•lr r••lduAI valu•¥ ov•r th•tr U8•fv1 liv•s on th• lollwng b3.. Land and buildings Pl•nl and mothin•ry Fixtures, fitting8 and equipmMI •traight line ov•r 5. 10, 20 or 50 y?Arn •traight Ilne ov•r 3 to 5 y•ars •traight Ilne over 3. 4, 5 or 10 ye•rs The galn or1088 •rf8Ing on the d18po••I ol an asset 1$ d•tfjrmln•d a• th• drferttn b•h¥••n th• •ale proc••d• •nd th• carylng v#lue of the 088ts1, •nd is rewnised In th• $lat•m•nl of finAncAal actiwtl•8. 1.1 Flx•d ••••t Inv••lm•nl• Fixad a$get Inv•$tments •r• Inllially m•asufed at tr¥nsoCtion prie• •xduding tTrn4¥dion et8, and r• Jub8equanUy me¥•ured ¥t v¥lu• at each repolting d¥t•. Chang•• in fair valu• are rwnl••d in net Inc¢m•llexpenditurel for the year. Tran8O¢tion cList8 are ?xp•n$•d •8 in¢urrnd. A sub8idlary 1$ •n entity coTrtroll•d by the FPFA. ctrOl i• th• power lo gtsvam the financi•l •nd rperating polia•8 of the enlty so as lo obt•ln nefitS from activitl•¥. 1.9 IM[Mi*nt offlx•d ••••ts Al eath r•porting end date, the FPFA vIWI th• corying amounts of its ianuibl• al18 to detemin• whether thertr 1$ any indi¢4Oon Ihat those assety h•ve $uff•r8d an impaimient loss. 11 any Such indution exists. the recoverable ¥m¢unl of th• 888et is egtimaled in ordor to d•t•mine the extent of the Impaimient 1088 Irf any). No such Imp•imi•nts w•r• nolod for the pertod •nded 31 Augy•t 2025. 1.10 Ci•h and u•h •qulval•nt• Cash and ¢•8h •quival•nts indtsda ca8h in hand. depoyjts hdd at call with bank6. other short-tem Ilquld inv&stmenls wth ¢riginal m•lurity"•$ of thre& month5 or lejs, 8nd bank olraftS. Bank overdrafts art Shrn WTihin borrowlngs in current liabilitie8.
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 A¢¢ountlng polScl•• {Contlnu•dl 1.11 Fln•n¢l•l In•trum•nts The FPFA h89 elect•d lo apply the provisions of Sedion 11 '8asic FinAnual In8trumonl8' s•'on 12 'Other FinancAal Ingtruments153u•¥' of FRS 102 to Ill of its fin•n¢i81 instruments. Flnanual instTumenl• ¥r• re¢ogni8fjd in th• FPFA'• Wanc• th•et On th• FPFA b)1• porty to th• contractual wovi$ions of the inBlrum•nl. Fin•w¥l a88•ts •nd lith'liti•• ar• Offl. with the net #mourth pT•J•nled in th• finanrAal statement•, vkn•n th•r•18 a l•g¥lly •fiforabI¢ right to Set oll the reLwni8ed amounts ¥nd ther• l• an Intention to •ettl? on • n•t b8Bis or to realise the a$strl and ttl& th• liabilty simultan•ou81y. 8•slc Ilnanclll )It¥ Basic financial as8•ts. which Indud• d•btOTS •nd ca•h and bank balan8, •r• Inltially m•88uied at transa¢b'on pr1¢4 induding tr•nsacdon ¢08ts Ind are 8ub8equ•ntiy canlad at amortiMd co81 uwng the ell•cb'v• interest method unl•8$ the arrangement constitutes a financAng tran88Ction, vthere the transactbon li measured at thtr pr•Mnl volue of tha luture receipts discounted at a ma•¢ r•t• of InteT?It. Finandal #i••ts d••$ifi•d •1 r•1Vable withln on• y••r •re not •morti8•d. 8a4le Ilnanclal Il•blllU•s 8a8ic finanrial liabilitie¥, indudlng cred+tor4 and b•nk lo•n8 are inrtlalty r•¢ognlsed •t tr•nMdon prfce unle•• th• •rr8ngement const+lul?i a finanang tran$action, bthere the debt in¥trum•nt 18 measur•d al the present value ol th• futur• paymenlj diJcount•d •1 • mArf(ot r•t• of Int•r••t. Finan(?•l Il¥bllrtl•8 d•••lfied •1 p•yabl• W7thin ontr y••r ¥r• not am0'sed. Debt inilrum•nt• ar• 8ub•8qu•ndy carf•d Il mth8ed co•1, using the Intsr••l rale method. Trad8 creditors are obllgafjonl to pay lor good$ or th1 have been ?cqulrnd in the ordinwy courne of op8ralion8 from suppliers. Amounts payable #r• d8$8rfi¢d as cJJrr•nt liabilitle¥ if p•ym•nt l¥ tJu• within one ytrar or 1•$9. 11 not, Ih•y ara preJen1 41 non.¢urrenl 11obiliti•s. Trade cyeditors •r• r•cogni8ed initi•lty at trani•&on pr4 and subseqUenY m•4•ur•d #l am08d ¢o$t U94ng the effecive Inl•r•$t method. D•rnco9nMlon of Iln•n¢l•l Il•bllltl•s Financial liabilitses are de191$•d vth•n th• FPFA'S conhdual oblSg•llon$ •xplre or are dl•ch•rg•d or 1.12 EmployM b•n•fft• The 11$ ol •hort.l•mi •MOYee ben•fft8 are r•cognl••d A• • Il•bilty and an expen8è. The coal of ny unu0 hohd•y entlllement is recognlsed In tho perfod In whlch the employe•'8 •8rwce• are received. T•rrninatton beneffts S re9188 ImmedSatdy as an expense %then the FPFA18 d•mon$lrabfy commNted lo leminale th• employment of an employee or to provide ltrminallon ben•ffts. 1.13 R•tlr•m•nt b•n•fflts Paymontl to <J•fjned eontrllwtion r•Orement bènefit 8ch•me8 ar• thar4•d •& •n exp?nw 08 thty l•ll du•.
FISH8OURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST2025 CrltlG•I •c¢ounttng eJtlmato• and Judg•m•nts In the application of the FPFA'S ccounting poliufj¥. Ihe trust1 ar• r•qulred to m8k• judgements, •¥timAI•8 and a$sumpts'on5 about tho Trying amount of a$8•t$ and liabilities that are not readily apparent from olh•r urc•¥. Th¢ •timgte¥ and 8SWat•d asiumptionj ore b##•d on historical experience and other fA¢lcYs that af• ¢on¥id•r•d lo b• r•l•vanl. A¢lu•l r¢8uftg may d4ff•r from th•w è8timate8. The egtymatei ond undorlying a¥•umptions are rey7ew•d on an ongoing b98. Revi05 lo accounting e8limat8 are recogni8ed in the period in whi¢h the estlmate 115 rewsed whr• th• r•vi$ion affects cffily th81 period. OT in th• ri0 of the r•vi8ion and ftrtUTe p•rloO$ wh•re the ravision affects both Current and fiJtUf• p•rtod•. K•y •ourc•• of Mtlm•tlon un¢•rtalnty D•prncl•tlon The annu•l d•prnciation d)•rg•1$ s•tive to change8 in th• estimat•d useful live• anly r••idu•l va0 ol th• aMel¥. Th• r••idul v•lu•• 4r• rtr••8•8fj•d annualty •nd •m•nd•d wh•ro n•c•Mary. M•ry•r On 01 J•nu•ry 2025 Fiihboume PlaySng Fl•ld$ As•odalcfj, •n unlncorpo1at charity, m•rg•d Fi•hbtsum• Playin9 Fièld8 As•ocAation CIO, ¥ Charitable Incorpor•led Org¥ni8ation. Th•ro were no changoi to th• entltle¥ obl•ctive• or op•ralion8 a8 8 re•ull of th• m•rger. The results for th• indlvidlual 8ntitieJJ durfng th• flnoncAal ye•r are reported below. FLY th• y••r ond•d 31 Augu•t 2025 FPFA Unlncorpor•t•d 41,645 41,010 2,217 FPFA CIO 72,900 88.127 13,7491 Combln•d totsl 114,S45 109,137 11,S321 Total In¢om• Tot•1 exp¢ndrtl8 Net mo¥em•nt In lundo 2,B52 1,024 3,876 At the dat• of rn•rgw on 01 J¥nugry 2025 FPFA Unlncorpor•t•d 746,550 FPFACIO Combln•d totsl 746,550 Represented by.. Unw$td¢tad fund¥ R•8iri¢tad fund8 $49,649 198,901 549,649 196,901 Totsl fvndi 746,550 746,550 10-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 Incom• from don•tlon• •nd l•gacl Unr••trlct•d RMtrl¢t•d fund• fund• 202S 2025 Tol•l Unr••trlctsd RMtrl¢tsd fund• fvnd• 2024 2024 Totsl iozs 2024 t)onation8 and gifts Grants recxived GM aid 638 5,000 2,325 9,988 23,375 10.828 28.375 2,325 4,180 5,000 2,170 8,161 23,720 12,341 28,720 2.170 7,963 33,383 41,328 11,350 31,881 43.231 Incom• from chrlt•bl• •cllvltl•• Unrn•trlct•d Unrn•trl¢t•d fund• fvnd• 2026 2024 Ch•rltsbl• ctlvltl Club subscriptions Income from pilth hi Rental Incomo 5.100 8,902 22,968 S,083 7.809 22.078 36.970 34,970 In¢Mi• fram oth•r tr•dlng •ctlvltl UnrMtrlct•d R••trl¢t•d fvnd• lund• 2025 2026 Totsl Unr••trlct•d R••trl¢tsd fund• lund• 2024 2024 Tgtsl 2025 2024 Fundrain9 ovents 34,842 34,842 12,049 10,443 22,492 Incom• from Inv••lm•nl• Unr••trl¢t•d Unr••trl¢t•d fvnd• fvnd• 2025 2024 Int*re8t receivatra 1.407 1,142 11
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST2025 Exp•ndltur• on rnl•lng fundB Unrn•trlct•d RMtrtct•d fvnd• lund• 2025 2026 Total Unr••trS¢t•d RMtrlct•d fund• fund• 2024 2024 Totsl 2025 2024 Fundr•l•lng ind publlclty Stsging fundraiging •vents 21.881 21,881 4.798 7,228 12,026 Exp•ndltur• on ¢harltsbl• •¢tlvltl Ch•rktsbl• •¢tlvltl 2026 Ch•rtt•bl• •¢tlvltl•• 2024 Dlrnct co•t• staff co81¥ DeprerAation And Imp•imi•nt PIAying fields moinln•nc4 Premis•$ axpen•es Equipm•nt maint•nan Maintenanc• ol •Y 4f•• 12.657 31.814 20,878 307 2,851 5.471 31,475 3S,369 1,593 1,786 1,747 73,778 71.970 8hAr• ol •upport and qov•rnn¢• co•ts {••• not• 10) Support Gov•m•nc& 11,463 2,015 9.697 1.3fyJ 87,258 82,967 An•ty•l• by fund Unrestricted fijndi R••trlct•d fund• 59.859 27.597 61,405 21,562 87.256 82,967 12-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 10 Support co•ts •llocatèd to •ctlvltl•• 2025 2024 Lo88 on dIspol oftangible fixed auets Ro1•8 InsuraneAry Mi8cellaneou• nI09 Administrots"v• co$18 778 257 9,023 192 1,213 2,015 354 8,488 857 1,300 13,478 10,997 An•ly••d b•iwn: Ch•ritable activitiei 13,478 10,997 11 TN•t••• Ni)ne of tllo tru•let• lor ony yrwni c48CtOd thèm) r•c•lv•d •ny rnmun•f•tlon or hrffl8 from th• FPFA during th• rtOd. 12 EmployM• Th• •v•r•g• monthly numb•r of •moY• durfng th• p•rlod w••.. 2025 Numb•r 2024 Numb•r Employm•nt C1• 2025 2024 W•ge8 ond 8alarfes Other pension 12,388 271 12.657 Th wwe no •M0Ye•S •nnug1 r•muneration was more Ihan £60,000. R•mun•r•llon of k•y m8n•g•m•nt p•rnonn•l Thern waj no r•muneratlon ol key management PeT•onn•l during the porlod. 13-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 13 G•lns and lo•sM on Inv•skn•nt• Unmtrlet•d fund• 2025 Gain811105g•Jl arising on.. Rev8luo¢lon of investsnents Sale of investm•nls 3,961 15,4931 11,5321 14 Taxadon Tho charity is exempt from taxation on its actiwties b•caLtse all inco is apled for tharit8ble purposes. 16 Traf•5 There h¥¥ been a tr¥nsf8x of £5,660 from unre8tri¢t•d to restricted funds due to more b¢in9 8p8nt on reslrirted fund fixed a$s•ts than was reIVed in incom•. There has also been a transfer from ren¢ted to unrestri¢id fijnds of £14,803 to dear the restricb.on on the Electrical installats'on fof the men's shed whith is in fixed a18. 16 T•nglbl• Ilx•d Lpnd Ind Iwlldlngx PthDt •nd FIxiur••. machln•ry fftttnq• and •qulpm•rrt Totsl Co•t Transfeed from the Unin¢orpor•d tharity at 1 January 2025 Additions 'sposalg 925,731 34,e60 33,900 1.059 11,0901 33.889 993,300 35,719 14,4071 13,3171 At 31 August 2025 960,391 33.869 30,352 f,024,612 D•preclatlon and ImpaSmont Tran$ferr•d from the Unincorporated charity al 1 January 2025 D•prnaation thaTg•d in the perits Eliminated in of dispos$ 345,289 28,921 29,800 1,543 11,oon 23,739 1,150 12,6231 398,828 31,614 13,8301 AI 31 AugLt8t 2025 374.210 30,336 22,266 426,812 Carrylng afflount At 31 August 2025 588.181 3.533 8,086 597,800 At 31 Augu¥t 2024 580.442 4,100 9,930 594,472 The freehold land 1$ fegi$lerad to Fishboume Playing Fidd Ltd, a o)mpany limited by guarantee Icompany Number 082607831 on trusl for Fishboum• Playirw Field AJJo¢iabon and has zero cnst in th• aixounts. 14-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE PERIOD ENDED 31 AUGUST 2025 17 Flxod •M•t Inv•8tsn•nt• Unll•t•d InvMtm•nts lThvulm•nts Totsl Cmt ov v*lu•tlon At I September 2024 Valuation thangei th'8posal• 98.893 3,981 159,5941 98,894 3,961 159,5941 AI 31 August 2025 43,280 43,261 C•rylng •mount AI 31 Au9U$t 2025 43,280 43,261 At 31 Auguit 2024 98,893 98,894 202S 2024 Other Invè8lm•nt• C4Jnprf•e'. Not•• Inv•8tm•rts In •ub8ldl•ri•J 18 D•btov• 2026 1024 Amounts l•lllng du• wthln on• y••r: Trad• d•btorn Corpor•lion l•x r•Goverabl• Other debtors Pr•paymenl$ and accruod Incom• 2,108 771 7,725 791 9,843 10,604 10,643 2026 1024 Amount• f•lllng du• •ftor mor• than on• y••r: Amount• ow•d by iub8idlary und•rtakingi 36,500 Totsl d•btor• 47,104 10,643 1s-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 19 Cr•dltorn: amount falling du• ¥Athln ona y••r 2026 2024 Otr laxati¢n and claI ie¢urity Trade csedilors other uedf(OTS Acuuals and deferred income 87 307 367 2.000 5.935 2,761 8,029 20 R•ttMm•nt b•n•fit sch•m Dgfin•d contrIbuon 8chom The FPFA operates a defined CA)ntribution pen81oft $chèm• for all qualifying employees. The ¥$$•ts of th• sth¢m• are held separately frws those of the FPFA in an indpend¢nty administered fund. The tharge to profit or Ios8 in respect of defined ¢ontribution sthemes was £271 {2024- £-). Z1 R•trlct•d fund Th restricted fiJnd$ of th4 tharity MpriSe the unexpended balances of donation$ and 9rant8 held on trust ¥ubjeL to speufic conditions by donor8 ai to how they may be used. Tranl•rrod Incoming from the Mourco• Unlncorporatsd ¢harlty ot I J•nuary 2025 Rogourco4 •Xnd¥d Tran8fvr At 31 Augu•t 2025 Fishboume mmunty project Playground fijnd Pond project Electn'cal installation for men's Shed PattwHy 490.651 61,756 3,744 113,6351 111,6521 477,216 53,192 5,019 3,088 1,275 14,400 14,600 11,0571 11,2531 113,3431 4,200 17,547 556,351 33,363 127,59n 19,1431 552,974 16-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 21 R•¥trlct•d fund• Icontlnu•dl Pr•Ylou• ymr: At 1 S•pt•mb•r 2023 Incomlnq RMouf¢•• tyJr¢•• •xp•nd•d Tr•n•for• At 31 August 2024 FlJhboum• cty)wnunlty Project Pl•yground fvnd Pond projact $04,488 34,587 3,744 113,8351 115,1551 490,851 81,756 3,744 42,324 542,817 42,324 128,7901 556,351 Flihboum• Community PTolect'. Thi• is grants received lo bulld th• Centre on Fl•hboum• PbaylrwJ Fl•ldi. The balan in th• fund is thtr $11¥11 d•pr•cAats'on of t bLsilding and fixtur••. Playground fund.. Donated by th8 community proJ'•ct 50150 dub and fvndr4l$ing •nd donations 10 th• 'L•ts¥llplay' proj•¢t. This mon•y is lo be us•d for the dev•lopment and m8lntenance of the iildr•n• pl•yground. R&UreS •xp8nded indude d•pr•cs•tion and Maintenan 81•. Th• balan in th• fvnd indud•$ th• cost less d•pred•tlon ol the playground •quipment. Pond proj•d- donatlon$ •nd grants r•c•lv•d for d••ranc• •nd Improv•monls 10 tho millnIl1M pond. El8ctrical In•l•11411on lor m•n'8 •h•d donations and gro1118 ra1Ve for th• purpooe of adding •10thl ¢•pauty to thé •xiiling eleclric•l Jupply to allow for the incre¥i•d demand Irom the m•n'• ih•d work•hc*. P•thw•y - don4J¢)ns •nd gT4nls r•c4lv•d lo provlde 4 path lor field U80TI runnlng round tho •outhwn bound•ry oltho fl•ld. 22 Unmtrlct•d fund• The unreilrfded lund$ of the ch4rlty ¢omprfw th• un•xpendad b•l•n¢•8 ol don#tion$ ond grants whith are not $ubjact Io ¥eCAfic condition8 by donors and grantors as to how they may be used. Th?88 incJud? d•iign#tèd lund$ which have •ft alide out ol unr?itrlct•d funds by th• trutsl••• foi 8pwfic purpo. In¢omlng r••ource• Rmourc •xynd•d Trnn•f•r• G•ln• •nd At 31 Augu•t 2025 S•ptsmb•r 2024 Communty Centre fvnd Gentsral fundi 21,870 112,7271 21,870 172,730 187,347 81,182 181,5401 11,5321 187,347 81,182 181,5401 9,143 11,5321 194,600 Prnvlou• y••r: In¢omlng r••OU0¥ Rmourc •xp•nd•d Trnn•f•rn G•ln• and At 31 Augu•t lo•••• 2024 S•ptsmb•r 2023 G•n•ral funds 181.135 59,511 166.203} 12.904 187.347 17-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 22 Unrn¥trlct•d fvnd• (Contlnu•d Tho Communty Contre fund i• designated lor 9xpend11 on th• maintenance #nd inyrovem•nts to th• community con. 23 An•ly•l• ol n•t ••••ts b•1•n fund¥ Unv••trl¢t•d Rutrlct•d fund• fund• 2Q26 2026 Total 2026 Fund b•l•nc•• At 31 Augu•t 2025 •rn r•pvo•••rt•d ty: T4ngibl• a81ets Inv•$lmonts Current ••Wsl(114lliti'81I 53,838 43,261 97,701 544.162 597,800 43,281 1C6,513 8,812 194,600 552,974 747,574 UnM•trl¢l•d fund• 2024 RMtrl¢l•d fund• 2024 Totsl 2024 Fund b•l•n¢•• •t 31 Augu•t 2024 •r• r•pr•••nl•d by: Tongible as$•ti Inve¥lm•nt• Currtnl 888¢tlI1•bIIrt1I) 50,498 98,894 37,957 $43,978 504,472 98.894 50.332 12,375 187.347 556.351 743.898 24 Ev•nts •ft•r th• rnportlng dt• 26 R•l•t•d p•rty tr4n••ctlon• The Charlty has a wholly owned Jubsidiary, Fi$hboume C•ntr• Trading Limited (Company numbtrr 070854911. During th• period Fishboume Cntr• Trading Limited paid Fl$hboume Playlng Fl•ld8 Assori¥llon £10,000 12024. £15,100) lor ¥ent of the building and loon Inte$t of £nil 12024.. £8391. Indud•d in debtor• 1$ £36,500 12024,, £nlll due from Fl•hboum• C•ntr• Trading Limrted. Group a)unt3 not prapared as Ihtr combined r•$ults do not exd the threshold for preparing group attounts. The finanrA41 statements present infomiation about Fishboume Ploying Fields As%Kab'on and not about the grc4Jp. Kevln C¥rt•V8 80n was enWoy•d as the groundsman until May 2025. 18-
FISHBOURNE PLAYING FIELD ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 26 Suhldl•rl Th89e fin(1•1 stat•m•nl$ ar• ¥oparale FPFA finan81 8L91emenis for the por to 31 Augujl 2025. D•t4I15 of th¢ FPFA'I Jubw'dirfe8 131 August 2025 ar• a8 lollow$'. N•m• of und•rt•klng Rogl•t•r•d offlc• N•turn ol bu•lnM• Cl••• of % H•ld •h•r•• h•ld Dlrnct Indlr•ct FighbOUr Centr• Tr•ding UnSt•d Klngdom Operation of th• bar •nd room Ordinary Ltd hir& facilities at Th• Fi8hboum• CMtre 100.00 The *ggr•9•t• Ggpilal and r•8erve• and th• r•sutt lor th• y•ar of wbsidSarl•• •xdud•d from c¥)n801d•tlon • 08 follo.. N•m• of und•rt•klng ProfftllLo••l ¢•plt•l and Flshboun• Centr• Tr•ding Ltd 145,4111 182,2481 19-