**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:
- In the maintenance, upkeep, and insurance of the trust property, and payment of rates, taxes, and other related costs;
- In furthering the purposes outlined in the trust deed.
## **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**
- 1.1 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 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
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