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2025-10-31-accounts

Registered Charity Number: 1211574

Malmesbury Community Park

Accounts

for the period 6 January to 31 October 2025

Malmesbury Community Park

Contents
Page
Trustees Annual Report 2 - 4
Balance sheet 5
Statement of financial activities 6
Notes to the accounts 7 - 8

1

Malmesbury Community Park

For the period 6 January to 31 October 2025

Reference and Administrative Information

Charity name: Malmesbury Community Park

Charity registration number: 1211574

Charity structure: Charitable Incorporated Organisation (CIO)

Principal office: 12 Park Road, Malmesbury, Wiltshire SN16 0BX

Trustees serving during the period:

Objectives and Activities

Objectives and aims

The charity's object is to enhance leisure and recreational opportunities within the Malmesbury community through the development of a community park comprising a skate park, pump track and Multi-Use Games Area (MUGA).

The facilities are intended to promote physical activity, improve health and wellbeing, encourage social interaction and strengthen community cohesion by providing accessible recreational opportunities for people of all ages and abilities.

Public Benefit

The trustees have had regard to the Charity Commission's guidance on public benefit when planning the charity's activities.

The proposed facilities will be available for public use and are intended to provide free and accessible opportunities for exercise, recreation, skill development and community engagement. The trustees believe that the charity's activities further its charitable purposes for the benefit of the wider community.

Achievements and Performance

This was the charity's first reporting period following registration as a Charitable Incorporated Organisation on 6 January 2025.

During the period the trustees focused on establishing the charity's governance arrangements and laying the foundations for the future development of the proposed community park.

Key achievements during the period included:

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Malmesbury Community Park

The trustees continued to pursue the charity's vision of creating a community facility incorporating a skate park, pump track and MUGA that will provide long-term recreational, health and wellbeing benefits to residents of Malmesbury and the surrounding area.

While no physical construction work was undertaken during this initial period, significant progress was made in establishing the charity and positioning it to progress the project in future years.

Financial Review

The charity received grants and donations totalling £3,700 during the period.

Expenditure totalled £321 and comprised resources, publicity costs and legal and professional fees incurred in establishing and promoting the charity.

The charity recorded a net surplus for the period of £3,379.

At 31 October 2025 the charity held cash balances of £3,379 and had net assets of £3,379.

The trustees consider the charity's financial position at the period end to be satisfactory and sufficient for its current level of activity.

Reserves Policy

As a newly established charity, the trustees aim to maintain sufficient unrestricted reserves to meet ongoing administrative costs and support the development of the community park project.

At 31 October 2025 unrestricted reserves amounted to £3,379.

The trustees will keep the reserves policy under review as the charity develops and its activities expand.

Plans for Future Periods

During the next reporting period the trustees intend to:

The trustees remain committed to creating a high-quality community recreational facility that delivers lasting benefits for the people of Malmesbury.

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Malmesbury Community Park

Structure, Governance and Management

Malmesbury Community Park is a Charitable Incorporated Organisation governed by its constitution.

The charity is managed by its trustees, who are responsible for the overall governance, strategic direction and financial management of the charity.

New trustees are appointed in accordance with the provisions of the governing document and are provided with information about the charity's objectives, governance arrangements and responsibilities.

The trustees meet regularly to consider the charity's activities, finances and future plans.

No trustee received remuneration during the period.

Declaration

The trustees declare that they have approved this report and have authorised it to be signed on their behalf.

Signed on behalf of the trustees:

.................................................... Alison Scott Trustee

Date: 17 August 2026

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Malmesbury Community Park

----- Start of picture text -----
|||| |---|---|---| |Balance sheet| |as at 31 October 2025| |2025| |Note|£|£| |Current assets| |Cash at bank and in hand|3,379| |3,379| |_| |Net current assets|3,379| |_| |Net assets|3,379| |_| |Unrestricted funds| |Excess income over expenditure for the period|3,379| |_| |3,379| |_|

----- End of picture text -----

The financial statements were approved by the trustees and authorised for issue on 17 August 2026 and were signed on its behalf by:

Alison Scott Trustee

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Malmesbury Community Park

Statement of Financial Activities for the period 6 January to 31 October 2025

2025
Unrestricted funds
£
£
INCOME
Grants and donations received 3,700
_
TOTAL INCOME FOR THE PERIOD 3,700
EXPENDITURE
Resources 74
Publicity 124
Legal & professional fees 123
_

TOTAL EXPENDITURE FOR THE PERIOD		 (321)
_
EXCESS INCOME OVER EXPENDITURE 3,379
_

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Malmesbury Community Park

Notes to the Accounts for the period 6 January to 31 October 2025

Note 1

Basis of Preparation

The financial statements have been prepared under the historical cost accounting rules, in accordance with Accounting and Reporting for Charities and with the Charities Act.

Note 2 Accounting Policies

INCOMING RESOURCES

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when:

Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Grants and donations

Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

ASSETS

Tangible fixed assets for use by charity

These are capitalised if they can be used for more than one year, and cost at least £100. They are valued at cost or a reasonable value on receipt.

Depreciation is charged at the following rates: Equipment: 25% straight line

Stocks and work in progress

These are valued at the lower of cost or market value.

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Malmesbury Community Park

Notes to the Accounts for the period 6 January to 31 October 2025

Note 3

Trustees

There were 4 trustees in the period 6 January to 31 October 2025.

None of the trustees have been paid any remuneration or received any other benefits from an employment with Malmesbury Community Park.

During the period, 4 trustees were reimbursed expenses totalling £321 relating to the purchase of resources, publicity materials and legal fees on behalf of the charity.

There have been no related party transactions in the reporting period.

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