CLIII o Registration No. 209626 SEA PALLING WITH WAXHAM COMMUNITYTRUST RECEIPTS AND PAYMEFifs ACCOUNT FOR THE YEAR ENDED 31" DECEMBER 2023
SEA PALLING wrrH WAXHAM COMMUNITY TRUST FOR THE YEAR ENDED 31" DECEMBER 2023 CONTENTS Page Charlty Information Trustees, Report 24 Independent Examine5 Report Recelpts and Payments Account Statement of Assets and Liabilities
SEA PALLING WITH WAXHAM COMMUNrrY TRUST FOR THE YEAR ENDED 31" DECEMBER 20Z3 CHARITY INFORMATION Trustees Pamela Millsted His Honour Judge Paul Downes (resigned in year) Michael Dann Paul Rowe Julian Askham Charity Number 209626 Indèpendent Examiner Mr Stuart Dickerson Fairhead Bradford Chartered Accountants & Registered Auditors Bradford House Yarmouth Road Stalham Norfolk NR12 9PD Bankers Barclays Bank PLC Business Direct Leicester LE87 2BB Solicitors Capron & Helliwell High Street Stalham Norfolk NR12 9AN Principal Address clo Sandylands Waxham Road Waxham Norwich Norfolk NR12 OED Page I
SEA PALLING WITH WAXHAM COMMUNITY TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31" DECEMBER 2023 Trustees Re ort for earended 315t December 2023. The trustees present their report together with the accounts for the year ended 31st December 2023. The Board of trustees have met 4 times this year. One Iste¢ stood dowm due to ill health reasons and a further trustee will be Sought sn 2024. The newly appointed rector will also join the Trust in 2024.. The full na me of the charity is Sea Palling Wlth Waxham Community Trust: also known as SPWCT formerlv called Sea Palling Poorfs Allotment. Principal Activities.. The principal object of the Tn1 is for the relief of all those resident in the patish of Sea Palling with Waxham who find theselveS in need, bardship or distress. In exceptional cases th¢ trust¢es have tbe discretion to assist those wbo do not qualify as residents. All hardship belp is strictly confidetstial. Although the illcome receivrd by the Trust may illitiaLly be used for the relief of har(tship ( governed by the Scheme of the Charity Cotllmissioners dated I" June 1984) it also enables the Trnst to widell its use for CoEnmunity projects such as managing the PlayiThg Field, Diamond Wood and allotments, all on trust land, and other community projects within the parish. Main Activities: Banking &rrangements are witb Barclays for current accounts with on-line transactions. Diamond Wood- a quiet area, remains popular with dog walkers. Some trees and Shrubs have been datnagedwith ttke inclement weather, and plans ale in progress to renew where necessary. This work will be cattied out in early 2024. The allotments are well organise and there is a waiting list for plots. There are also tIee larger agricultural plols. The Playing Field: the Rospa safety inspection W&) carried out in November 2022. Safety checks are carrted out regularly by two trnstees throughout the year. GroUnd"Ork is carried out every Éwo ive¢ks. Tlie rope ladder on the toddler Multiplay unit was removed as a safety precaution. Due to adverse weather tkne trustees considered ttLe replaCeent of the sand around the large Multiplay unil as sand was having to be topped up on severdl occasions. Work commences after balf t¢m] in early 2024 to replace the sand with a more suitable substance, with closure wbilc this is being carried out. Further work is also planned for control ot r&bbkt inf¢station. A tnole catcher is already contracted to the trust. The main income continues to be the revenue frorn the car park. The trustees consider the Trit is in a financially sthble position and all yearly outgoings on Trust land have been met. Page 2
SEA PALLING WITH WAXHAM COMMUNITY TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 315t DECEMBER 2023 Transactions and Flnancial position The financial statements are set out on page 6. As stated in the introduction to this report. the trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activitles shows net surplus of resources for the year of £30.235. Page 3
SEA PALLING WITH WAXHAM COMMUNITY TRusr TRUSTEES, REPORT FOR THE YEAR ENDED 31" DECEMBER 2023 Statement of Trustees, Responsibilities Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the State of affair5 of the charity as at the end of the financial year and of the surplus or def icit of the charity. In preparing those financial statements the Board is required to-_ select suitable accounting policies and then apply them consistently. make judgements and estirnates that are fea50nable and prudent; and prepare the fina ncial statements on the going corncern basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable accounting standards alld statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient tci show and explain the charitf s tran5attions and enable them to ensure that the financial statements comply with regu lations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the contents of the trustees, report, and the responsibility of the independent examiner in relation to the trustees. report is limited to examining the report and ensuring that on the face of the report, there are no inconsistencie5 Wlth the figures disclosed in the financial statements. This report was approved by the Trustees on 2024. Trustee- M Dann Trustee- P Rowe Page 4
Independent Examinerfs Report to the Trustees of Sea Palling with Waxham CommunltyTrust Report to the Trustees af Sea Palling with Waxham Community Trusts Charity number 209626 on the 5t accounts for the year ended 31 December 2023. Respectlve responsibilitles of trLEStees and examiner The charity's trustees are responsible for the preparation of the accounts. The charitW5 trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Actl and that an independent examination is needed. It is my responsibility to.. examine the accounts under section L45 of the Charities Att, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 1451Sllbl, of the Charities Act) and to state whether particular matters have come to my attention. Basls of independent examinerfs report My exarrination was carried out in accordance with the general Directions given by the Charity Cornmission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and see'rting explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fairf, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In conr)ection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect,. the accounting records were not kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records: or I 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. Mr S Dickerson FCCA Fairhead Bradford Chartered Accountants & Registered Auditors Yarmouth Road Stalham Norfolk NR12 9PD Date: /J 2024 Page 5
SEA PAWNG WITH WAXHAM COMMUNITY TrUST Re istration No. 209626 RECEIPTS AND PAYMETrifs ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Recel ts: All unrestricted Investment income Wayleaves Inetl General donations Grant for Playing Field Rents Covid grants 1,088 370 424 131 39,953 16,828 Recel ts,. Restritted Allotments Total recei 41,221 17,753 Pa ments: Ail unrertrided Community dgnations Defibrillator payments Assistance payments Diamond Wood Rates Playing field expenses Allotment expenses Accountancv Legal fees Payments re agricultural land Meeting Hall hire Secretarial expense5 Playing fleld bin service 2,020 452 1,398 354 750 534 104 8,057 616 315 2,250 7,009 330 30 728 76 Total ments 10,986 15,318 Net resources / (payments) 30,235 2,434 Cash fund5 last year end 30,392 27,958 Cash funds this year end 60,627 30,392 Page 6
SEA PALLING wrrH WAXHAM COMMUNITY TRUST istratlon No. 209626 STATEMENT OF ASSETS AND LIABIUTIES AT 31ST DECEMBER 2023 2023 Unrestricted Funds 2022 Unrestricted Funds Cash Funds Bank account Bank account- Playing Field Funds COIF account 32.427 16,010 I,L83 12,700 29,893 27,700 60.127 Other moneta assets COIF Investment Fund Income Units COIF Fixed Interest Accumulation Fund 9,872 22,748 32,620 9,042 21,116 30,157 Restrirted Fund5 Restricted Funds Cash Funds Bank account COIF account 500 500 500 500 Approved by the board oftrustees on 2024 and signed on its behalf by: l Trustee) - M Da nn (Trustee) P Rowe Page 7