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2024-10-31-accounts

Witchford Playing Fields Association Trustees’ Report Year Ended 31 October 2024

Constitution

The charity was created by a trust deed dated 31 December 1961 by conveyance of land previously owned by the Church Commissioners. This land comprises 4.878 acres located in the parish of Witchford and is known as the playing fields.

Charity Objects

The property is held in trust for the purpose of a village hall and playing fields for the use of the inhabitants of Witchford and the surrounding area, without distinction of sex, political, religious, or other opinion. It is to be used particularly for meetings, recreation, and leisure-time activities, with the objective of improving the conditions of life for the local community.

After payment of administration expenses, the net income is to be applied by the management committee in one or more of the following ways:

Review of the Year’s Activities

During the financial year ended 31 October 2024, the charity reached a key milestone with the completion of major internal renovation works to the village hall and playing fields. These improvements have significantly upgraded the quality, safety, and accessibility of the facilities, laying the groundwork for increased community use and supporting a wider range of activities for residents of Witchford and the surrounding area. Focus will now move to the improvement of the outdoor facilities and the construction of changing rooms.

These works are directly aligned with the charity’s objectives to promote community wellbeing through the provision of recreational and meeting spaces.

The trustees had previously explored the formation of a trading subsidiary to develop commercial activities that would support the charity’s long-

term financial sustainability. However, progress on this was deliberately delayed due to the need to focus resources and attention on delivering the renovations, which experienced some setbacks linked to the tail-end effects of the COVID-19 pandemic and related cost inflation and delays.

Despite the delay, the trustees are pleased to confirm that a wholly owned trading subsidiary was successfully incorporated and began trading on 28 April 2025. The subsidiary will operate income-generating ventures that complement the charity’s core aims, with all profits to be reinvested into the charitable work of the Association.

The trustees are satisfied that the charity is now well placed to expand both its community impact and long-term financial resilience.

Public Benefit Statement

The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. The upgraded hall and playing fields continue to provide tangible benefit to the Witchford community by facilitating inclusive access to improved recreational, social and leisure opportunities.

Witchford Playing Fields Association

Income and Expenditure Account

Year Ended 31 October 2024

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
2024
£
26,874
7,496
41,850
76,220
8,893
17,051
0
358
3,787
30,089
46,132
292,275
338,407
2023
£
15,421
4,345
86,342
106,107
5,830
15,036
0
458
1,780
23,104
83,003
209,271
292,275

Witchford Playing Fields Association

Balance Sheet

Year Ended 31 October 2024

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 Earnings
Revaluation reserve
Unrestricted general fund
Shareholders' Funds
2024
£
0
0
5,000
11,191
385,096
10,608
395,705
395,705
46,132
159,849
86,013
103,711
395,705
0
0
5,000
8,668
2023
£
341,678
7,895
16,191
5,583
13,668
5,773
349,573
349,573
83,004
76,845
86,013
103,711
349,573

Witchford Playing Fields Association

Notes to the Financial Accounts

Year Ended 31 October 2024

1 Accounting Policies

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 Furniture, fittings and equipment

Delapidations considered 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
2024
£
3,787
2023
£
1,780

Witchford Playing Fields Association

Notes to the Financial Accounts continued

Year Ended 31 October 2024

4
Tangible fixed assets
Cost/Valuation
at 1 November 2023
Additions
At 31 October 2024
Depreciation
at 1 November 2023
Additions
At 31 October 2024
Net Book Value
At 1 November 2023
At 31 October 2024
5
Debtors
Trade debtors
Prepayments
6
Creditors
Trade Creditors
Taxes
Accruals
Land and
Fixtures
Car park
Construction
Buildings
fittings &
&
in
Freehold
equipment
Play area
Progress
Total
150,000
78,100
6,532
168,740
403,372
211,441
4,474
-6,532
-168,740
Land and
Fixtures
Car park
Construction
Buildings
fittings &
&
in
Freehold
equipment
Play area
Progress
Total
150,000
78,100
6,532
168,740
403,372
211,441
4,474
-6,532
-168,740
Land and
Fixtures
Car park
Construction
Buildings
fittings &
&
in
Freehold
equipment
Play area
Progress
Total
150,000
78,100
6,532
168,740
403,372
211,441
4,474
-6,532
-168,740
361,441 82,574
0
0
444,015
0
0
55,162
6,532
3,756
-6,532
0
61,694
0
-2,776
0 58,918
0
0
58,918
150,000 78,100
6,532
168,740
403,372
361,441 23,655
0
0
385,096
2024
£
0
5,000
5,000
0
873
0
873
2023
£
0
5,000
5,000
0
1,114
0
1,114
389,224

Independent examinevs report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES SectiC*n"A. liirlépertdentExamirierfs Report.. Reportts th8 Iruyte8si&lr8Llvr¥l members of wircwffo PLfr7IM& FirLQ hssc(iJYMoAI On ac¢ounts forth¢ year nded 315+ Io z4- CharSty no.: Company no,: S•t out on pages Retrpectlye Tesponslbllltle8 of trustees and examlner Thp trustees (who are also Ihe dlFeGtors of the companyforlh¢ purposes of company law) arg re¥ponslblg forthe preparatlcbn of tho accountg. The charlty's tru5tse5 considErthat an audit 18 not requlred hr this year under seollon 144 of the ChAritleg Act 2011 (th¢ Ch8rilie5 Ath) and thot an Independent oxamlnallon 18 ng&ded. ffhè ohorlty's gTOS5 Tncome exceeded £250,000 and l am qualmled lo undertoke tho eXamIna￿on by belng a quallfted member cf [named bDdysJ. D81è18 l J IfnotappllGabla. 11 Is my.r#spon$lblllty to: exomlne the a¢¢ounts undtyr section 145 of tho Charftl86 A¢t. to followtha procedures iald down In the 98natal Dlrections gIv8n by the Charity ComrnlsBlon {under8edlcn 14615}Ib) of Iho Charilles A¢t, And to atats whether p4rfwl4r matsr¥ have 4Jom¢ to my attentlon Ba$18 ol Independènt My exarnlnation was oarrfed out In 8Kor<l4nce vAth gonoral DlrecUon8 9fv¢n •xamlnof8 #tst•m•nt bylh8 Charfty Commlsslon. An examlnatl)n In¢ludo8 o revlew of the aooountlng re(ord8 kept by the char6ty snd a compaflson of the sccounts pre6ent¢d wtth thoBe Teccrds. 11 %150 inGludes wnslderatton of any unusual Itéms ordisd¢sures In tho aGoounts. ond $eeking explanatlons frorn fhe truglees eoncernlng any svch matters. The procedures undertaken do not PTovlde all the evldence that would be iequii¥d in an audlt, and ¢on¥equ8ndy no opinion is glven 88 to whglhgr th& aecounts presenta Iiue and falff view and tho rnPQrt Is Ilmlt¢d te thoBe mqtter8 Set out in the st8t&m8Trt b810w.

Independent In ¢Dnnect(on with my examination, no mateTio1 matters have come to my ¢xarnlnerfs statement attentlon lother than thatdiGdosed below"? whkh giv￿ m? cause to believe that any material respera.. • acrounUny rerords not kept In ac¢Drd?nc8 with $¢ollon 386 01th¢ Companie5Act 2006; or .the accounts do not a¢cord wlh 8uch records; or * Ihe 8c¢ounls do not complywllh relevant acGounling rffjuiremgnts under s¢tstion 350 Df the Comp¥rye$ Act 2006 olher fhgn any requirÈmeTrtthalthe aocounE& give 9'true and falrf vlew whl¢h is Iiol a matter ￿nSIdered as part of an 5ndepEndent examinaUon,- or •fhe accounts haye not b@en prepored In accordance with th8 Charftles SORP (FRS102). I have Cum? aorovd no othermatter8 Sn ¢oTrne¢tlon vfjlh the ex8mtn•llon to whlch attentlon should b8 drawn ltri thi8 rep¢ri In orderto $nablo a proper undarstandlrg of the aooounts to be rea¢h&d. 81gnod.' Date: Name: rtOEDtr A£wrÈ5 UmiraD Relevant proles8lonal quallflcatlorfsj or body (if any): Addr•s4', sipR>S Sertion Dis¢lo5urp