RIS (Charity No. 282528) co Year Ending 30 April 2025 The Trust had two significant financial events this year. Firstly. a bequest of £84,386 was received from the estate of the late Adrian Kennedy. Adrian was a member of the IO0+ Club and made regular small donations to the Trust- his Will leftthe bulk of his estate to a number of charities. Secondly, the Trust invested in a PV System as detailed below. Excluding these two exceptional items the Trust showed a surplus of £10.856. em rial 24 Solar Panels and a battery storage system were installed at a total cost of £12,852. This will hopefully mitigate the steep rise in elertricity costs from next year - this year the increase was 330/0 compared to last year. A new PA sound system was purchased costing £900. Hire Fees were increased in September to try to cover the big increases in energy costs. Exercise groups remain the biggest source of hiring income- more than double the next highest.. bowls. Fiel Wellow Youth FC have made Whiteparish their main training Centre (due to drainage issues at their grounds) which brought in £1800. Whiteparish Cricket Club continue to develop their facilities as their memberships grow. dra in The IO0+ Club membership fell slightly from last yearfs record and contributed £2,290. The Winter Ball returned £2.631 and the fourth village quiz night was another success and raised £1,433. The Trust thanks Sarah Skeates for again donating the profits of £484 from her wreath making workshop. The Trust's main challenge for next year will be to recruit new Trustees to replace those intending to retire over the next 12 months.
White arish Memorial Trust Income & Ex enditure Account For the period ending 30 April 2025 12 mcffiths ending 30 April 2024 12 months ending 30 April 2025 INCOME Bank Interest Ground Rent Hire of Ground & Pltches Centre HSre Fees Fete/Bands NightlFireworks 6458 6969 108% loo% 105Yo 120Wo 163% 50 4.685 19.124 950 50 4.920 23.019 1.550 Total hire feeslrent IO0+ Club Profit Wiftter Ball Profit Quiz Night Key Deposits Other IncomelBequests Grants/Donations Total Fundraislng 24,809 29.539 119% 2.361 2.681 1646 150 2,300 2,631 1433 250 84.386 97% 980 870/0 167% 44% 1152% 7.943 91,484 TOTAL IP4COME 127 992 326% EXPENDrnIRE Insurance Utilsties Cricket square & field Cleaning and caretaklng General expenses and repairs Adminlstration Servicing & maintenance Rubbish 1.645 8,308 4.500 8,673 1.129 1.840 10,495 4,377 9,065 1.331 15 1.511 430 112% 1260kn 970h 105 118 ookn 1340kn 103% 11386 1,131 416 25.803 29,063 Electrical safety testinu Solar Pands + Battery New Patio Outside painting Fence repairs Tree work5 Cutlery PA System New chairs Playground Equlpment Other Equlpmenvmajor repalrs Total Major Expenditu 12.852 413 1.868 3.558 1.800 224 909 1,625 1,016 244 214 9,611 15,999 166% T(yfAL EXPENDITURE 127% SURPLUSIL)£FICIT for the period 3.795 82.930 2185%
RECONCILIATION OF CHARITABLE FUNDS Fund5 at l May 2023 216.395 Funds at l May 2024 220.190 Surplus for the Period 3.795 Surplus for the Period 82,930 Fund5 at 30 April 2024 220.190 Funds at 30 April 2025 303.120 REPRESENTED BY: 30-Apr-24 30-Apr-25 Bank Current Account 654 479 ank Savings Account 2,196 4,540 Bank Instant Access 13,000 Buildlng Society Instant Access 17.340 ioi Building Soclety 60 DN 30,000 115,000 Flxed Term Endowment Funds 170.000 170.000 TOTAL 220.190 303,120 These Accounts are presented as representing a true record of the Trusys financial affairs. Signed.............. ............................._.............................. Richard J Burr. Treasurer Date: 14 May 2025 I have audited the Books and Records of the Trust and certify that the above Accounts are in accordance therewith. ..Auditor Date: [1, 2025
WHITEPARISH MEMORIAL TRusr PA ccou Rl In the absence of a Balance SheeL readers of these Accounts should be mindful of the investment the Trust has made into assets: namely The Memorial Centre. the equipment contained therein: the cricket square and the historical assets that have been retained and maintained. TO l. Bank Interest: the bulk of the interest was earned by the Trusys Endowment ndS of £170,000 which are invested in 2 fixed term deposit& These funds are ring fenced and can only be utilised with the written permission of the Charity Commission. 2. Ground Rent: Paid by the Doctorfs Surgery Partnership under the terms of the lease dated October 1981 for 99 years. 3. Centre hire fees for the period: at a new high following the September increase. 4. Hire of outsideground and sports pitches: Wellow Youth FC moved their weekly training to Whiteparish. bringing in £1800. The Cricket Club continues to prosper. 5. Fundraising: The Trustees are very grateful to Sarah Skeates who donated the profits of £484 from a wreath making workshop. 6. Utilities: These comprise Gas £6.023. Elertric £3.608, Broadband £358 and Water/Sewage £507. 7. Other Equipmentand major repairs include: Gravel for car park £214. 8. General Expenses and repairs include: Alcohol Licence £180, kitchen taps £387. front door mat£170, mugs £63.