2021-03-31-accounts - The Higginson Park Charity

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TRUSTEE'S ANNUAL REPORT	3
REPORT OF THE INDEPENDENT AUDITORS' TO THE TRUSTEE OF THE HIGGINSON PARK CHARITY 9
STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR END 31 MARCH 2021	13
BALANCE SHEET AS AT 31 MARCH 2021	14
NOTES TO THE FINANCIAL STATEMENTS	15

Registration Number	284420
Registered Address	The Gateway
	Aylesbury
	Bucks
	HP19 8FF
Name of Trustee	Buckinghamshire Council
Address of Trustee	The Gateway
	Aylesbury
	Bucks
	HP19 8FF
Contact	Richard Ambrose
	Service Director - Corporate Finance
Address	The Gateway
	Aylesbury
	Bucks
	HP19 8FF
Solicitor	District Solicitor (Buckinghamshire Council)
Address	The Gateway
	Aylesbury
	Bucks
	HP19 8FF
Auditors	Seymour Taylor Limited
Address	57 London Road
	High Wycombe
	Bucks
	HP111BS

				Total	Total
		Unrestricted	Restricted	Funds	Funds
	Note	Funds	Funds	2021	2020
		£1000	£1000	£1000	£1000
Income
Income from*charitable*
*activities*
Operation of exercise facilities
and park	3	87	0	87	253
*Income*from other trading
activities
Commercial trading	4	86	0	86	103
Grant income		0	0	0	2,000
Total income		173	0	173	2,356
Expenditure
Costs of raising funds:
Commercial trading		47	0	47	6
Expenditure*on charitable*
*activities:*
Operation of exercise facilities
and park	5	205	190	395	458
Total expenditure		252	190	442	464
Net operating income/(loss)		(79)	(190)	(269)	1,892
Gains / (losses) on revaluation
of fixed assets	8	0	(37)	(37)	(2)
Net movement in funds for
the year		(79)	(227)	(306)	1,890
Reconciliation of funds
Total Funds brought forward		289	7,245	7,534	5,644
Total funds carried forward		210	7,018	7,228	7,534

		Charity	Charity
	Note	2021	2020
		£1000	£1000
Fixed assets
Tangible assets	8	6,846	7,006
Total fixed assets		6,846	7,006
Current Assets
Debtors	9	410	672
(Cash at Bank and in Hand)
Total current assets		410	672
Liabilities
Creditors: Amounts falling due within one year	10	(28)	(144)
Net Current assets		382	528
Total assets less current liabilities		7,228	7,534
Net assets		7,228	7,534
The funds of the charity:
Restricted income funds	13	7,018	7,245
Unrestricted income funds		210	289
Total charity funds		7,228	7,534

Category	Balance	SOFA
	Sheet
Amortised Cost	Amortised	Movements in amortised cost are
	Cost	debited / credited to the surplus or
		deficit on the fund.
Financial Value through	Fair Value	Movements in fair value are debited /
Other Comprehensive		credited to Other Comprehensive
Income and Expenditure		Income and Expenditure
Financial Value through	Fair Value	All gains and losses are posted to the
Profit & Loss		fund

Income from charitable activities
	Unrestricted	Unrestricted
	funds 2021	funds 2020
	£'000	£'000
Income from facilities for physical exercise		128
Income from other recreation or leisure-time
occupation	87	125
Total income from charitable activities	87	253

	Unrestricted	Unrestricted
	funds 2021	funds 2020
	£1000	£'000
Income from other property	86	65
Income from events		38
Total income from other trading activities	86	103

	Facilities	Other
	for	recreation or
	physical	leisure-time	2021	2020
	exercise	occupation	Total	Total
	£'000	£'000	£'000	£'000
Car park costs		17	17	26
Depreciation	190		190	142
Maintenance to grounds		33	33	46
Repairs/ Maintenance		21	21
Support costs (see note 7)	117	17	134	135
Business Rates				(g)
Various Fees			-	6
Loss of Leisure income rebate			-	111
Total	307	88	395	458

	2021	2020
	£'000	£'000
Other creditors and accruals		121
Deferred income	28	23
	28	144

	£'000
Balance as at 1 April 2020	23
Amount released to income earned from commercial trading	(23)
Amount deferred in year	28
Balance as at 31 March 2021	28