## **Witchford Playing Fields Association Trustees** ## **Report** ## **Year Ended 31 October 2023** The Trustees present their report and financial statements for the year ended 31 October 2023 ## **Constitution** The charity created by a trust deed on the 31st December 1961 by the conveyance of land previously owned by the Church Commissioners. This land comprised 4.878 acres situated in the parish of Witchford, and known as the playing fields. ## **Charity Objects** The property shall be held upon trust for the purpose of a village hall and playing fields for the use of inhabitants of Witchford and the neighbourhood without the distinction of sex, or of political religious or other opinions, and in particular for the use of meetings, and for other forms of recreation and leisure time occupation, with the hope of improving the conditions of life for the said inhabitants. After the payment of any expenses of administration the net income shall be applied by the management committee in one or other of the following ways: -In the maintenance, upkeep and insurance of the trust property and the payment rates, taxes and other expenses in connection here with and its use for the purpose specified in the trust deed; -In otherwise furthering the purpose of the trust deed. ## **Review of the Year’s Activities** The village hall was originally built in 1990 with help from residents and community. It has remained the centre of an ever-growing village and within the time of its build, the village, like so many others in the area, has doubled in size. With the ever-increasing population, it was felt by many we needed to increase the uses of the Hall and adjoining social club to increase its appeal to all and accessibility for everyone. This year we continued to undertake work to improve the interior appearance and give it a more modern look Further works on the facility and adjoining land were conducted including a new paved external area. We currently plan to open exterior changing rooms, to free up space for larger rooms within the hall, although this is contingent on obtaining relevant funding. ## **Public benefit from the objects** The trustees feel that full benefit is given to the people of Witchford with the use of the playing fields and the increased hiring of the hall. Charities and risk management The trustees have considered the risk to the charity and believe they have all relevant matters under control and have followed the normal guidance given by the Charity Commissioners. Witchford Playing Fields Association Trustees’ Report continues ## **Witchford Playing Fields Association** ## **Income and Expenditure Account** ## **Year Ended 31 October 2023** |**Incoming Resources**
Rental Income
Other Income
Grants
Total Incoming Resources
**Resourced expended**
**Cost of generating funds**
Wages
General administratition
**Finance**
Bank Charges
Legal and Professional
Depreciation
Total Resources Expended
Net Movement in Funds
Balance brought forward
Balance carried forward|2023
£
15,421
4,345
86,342
106,108
5,830
15,036
0
458
1,780
23,104
83,004
209,271
292,275|2022
£
10,959
4,211
86,342| |---|---|---| |||101,511| |||7,543
6,775
1
508
639| |||15,466| |||86,045
123,226| |||209,271| ## **Witchford Playing Fields Association** ## **Balance Sheet** ## **Year Ended 31 October 2023** |**Fixed Assets**
Tangible assets
**Current assets**
Stocks
Debtors
Prepayments & Accrued income
**Cash at Bank and in hand**
**Creditors:Amounts falling due**
**within one year**
Current Liabilities
**Net Current Assets**
**Total assets less current liabilities**
**Net Assets**
**Capital and reserves**
Current Year Earnings
Retained Earings
Revaluation reserve
Unrestricted general fund
Shareholders' Funds|2023
£
0
0
5,000
8,668|341,678
7,895
349,573
349,573
83003.65
76,845
86,013
103,711
349,573|2022
£
0
0
5,000
59,144|203,939
62,630| |---|---|---|---|---| ||13,668
5,773||64,144
1,514|| |||||| |||||266,569| |||||266,569| |||||55,937
20,908
86,013
103,711| |||||266,569| ## **Witchford Playing Fields Association** ## **Notes to the Financial Accounts continued** ## **Year Ended 31 October 2023** |4
**Tangible fixed assets**
**Cost/Valuation**
at 1 November 2022
Additions
At 31 October 2023
* Note PY Land and Buildings addition of 44,066 re-cl
**Depreciation**
at 1 November 2020
Charge for the year
At 31 October 2021
**Net Book Value**
at 1 November 2020
At 31 October 2021
**5**
**Debtors**
Trade debtors
Prepayments
6
**Creditors**
Trade Creditors
Taxes
Accruals
Overdraft|**Land and**
**Fixtures**
**Car park**
**Construction**
**Buildings**
**fittings &**
**&**
**In**
**Freehold***
**equipment**
**Play area**
**Progress***
150,000
56,723
6,532
44,066
21,377
124,674|**Land and**
**Fixtures**
**Car park**
**Construction**
**Buildings**
**fittings &**
**&**
**In**
**Freehold***
**equipment**
**Play area**
**Progress***
150,000
56,723
6,532
44,066
21,377
124,674|**Total**
257,321
146,051| |---|---|---|---| ||150,000
78,100
6,532
168,740||403,372| ||assified as Construction In Progress for clarity
0
53,382
6,532
0
0
1,780
0
0||57,691
1,780| ||0|55,162
6,532
0|59,471| ||150,000|5,488
0
0|155,488| ||150,000|22,938
0
168,740|341,678| |||2023
£
0
5,000
5,000
0
1,059
0
4,714
5,773|2022
£
0
5,000
5,000
0
1,114
0
0
1,114| ## **Witchford Playing Fields Association** ## **Notes to the Financial Accounts** ## **Year Ended 31 October 2023** - 1 **Accounting Policies** - 1.1 The financial statements are prepared unde the historical cost convention modified to include the revaluation of certain assets and in accordance with applicable accounting standards, and in accordance with the Financial Reporting Standrards for Smaller Entities. - 1.2 **Turnover** Turnover represents the total invoice of sales made during the year and derives from the provision of goods within the associations activities. **1.3 Tangible fixed assets and depreciation** Depreciation is provided at rates to write off the cost off the valuation less residual value of each assets over its expected useful life, as follows: Land and buildings Delapidations considered Furniture, fittings and equipment 15% on reducing value ## 1.4 **Stock** Stock Is valued at the lower of cost or net realisable value ## **2 Turnover** The total turnover of the association has been derived from the principal activities wholly undertaken in the United Kingdon - **3 Operating profit/loss** |Operating profit/loss is stated after charging
Depreciation|2023
2022
£
£
1,780
639| |---|---| Indepe￿dent examiner's rèport on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES S&Gtion A Independent Exaininer'.s RoiiDrt" R¢portts tha tru¥l¥osldlr¥61(>NI mgmb9TS of w IrctrFFoKO PL&7IM& pi¥LQ A£ScCitrrtohl On a¢¢+wnts lortho year ènded OCTOGGQ £013 Charlty no.: Company no.: 8trt out on pag Respectlve Tespon51b115tle8 4)f trusteeg and wmlnar Th• tru8te6s (who or¢ olso the directOTS of the Gomp8ny for th8 puipDse& of company law) 8ro respun¥lblgfoT Ihe pr¢p&raflon of the a¢oounts. The ch@rity's truste25 con3iderthat an audll Is not requlr$d for this year under 8eollon 144 of Ihe ChoTStl8J8 Act 2011 (the Chorilies Ath) afid thal 8n Independent exarnlnatlon Is needed. ch8rlty's gTQ¥S lft¢ome exogad•d £250,OQCs and l am qualThlEd lo undgrtak# Ihe ￿MInall0n by belng qudltfled member of[named body]J. Dalal81] 8pplloabfe. 1115 my rgsponslblllty lo., examln8 thè accounts uftdar 88Ctlon 145 of th¢ Charfllo0 Act, to foll¢wllg proceduros lard dovm In the gen8131 Dlrectlons glven by th• Charhy ComrnL8slon (under Section 145(5)1i!) olffte CharStle$ ACL And 10 gtats wholhor pArUcul8r matteT& h&ve come to my attenllon Bis18 of Independent W examlnadon wa6 oarrled out In 8o¢ordanrgwhh 98neral DireellonB gfv4n oxamln4V$ statern•nt tyth8 Charlty Comml8slon. An gxamlnallDn Includes o revlaw of tha a¢¢ountino re¢ord$ k8Pt bylhe ohBrity and a gorllparfson of th8 secounls pro59nlod wlh tho5f rqcords. It also in¢fude$ consldwatlon of awunusual Itéms ordi8Glosure$ In the a¢¢ounts, and See￿ng explanatlon4 frarn tho Irustsgs ￿n￿rnIng any Euch matt8r8. The pro¢gdure8 undertak¢n do not provlde 411 the evldence Ihat would be Tequired in an audlt, and consequ8nfty no opinion is 9Nen a6 to whelherthe accounts pr0S9nt 4 Itu• and falrfview and th¥ raport h limil¢d ts thos$ matters set out in tha st8l¢m¢Trl below. Independent In connection WI￿ my 2xamlnatton. no materid mattÈrs have eom¢to my èxarnlnerfs statement attelltiDn {irther than that di6¢1osed below'l which gNes m¢ cause lo believe thal in. any matertal respeG('. * ocBountlTrg records weT& not kopt In acGordane8 wkh secllon 386 of the CDmp8nies Act 2006; or . Ihe account8 do not accord wlh such records.. or . Ihe 8c¢ounts do not Gomply wlth relevant accounting requirements under section 896 of the CgmpanigsAct 2L>OS ofhgrthon any requlremeThl tholthe a¢¢ounLs gfve a'lru¢ andfalff vlewwhlohls not a matter consldergd ag part of an independ¢nt ¢xatnination', or Fte gccounts hav8 not been prepared In A¢cordan£e wtth the Chaiiti&8 SORP (FR81021. I have ¢om& aoTOSS no olh8r matt8TS In conneGtlon ￿th th8 examlnatlon tr* which ettenlion should bo driwn In this report In offlerto enable a pYop8r undorstandiny ollh& 2coounls to be rea¢h&d. Slgngd: IL Name: RoEDtr AS Miroo Relevant profe$slonal quaiifioatlon(8) or body {If any): AtldM$$: Sli( Seclion Disclosure