## ## |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**| ## ## ||**Facilities for**|**Other recreation or**||| |---|---|---|---|---| ||**physical**|**leisure-time**|**2021**|**2020**| ||**exercise**|**occupation**|**Total**|**Total**| ||£'000|£'000|£'000|£'000| |Costs|(307)|(88)|(395)|(458)| |Physical exercise||||128| |Recreation or leisure-time||87|87|125| ||(307)|(1)|(308)|(205)| ## |||**Other**||| |---|---|---|---|---| ||**Facilities for**|**recreation or**||| ||**physical**|**leisure-time**||**Basis of**| ||**exercise**|**occupation**|**Total**|**apportionment**| |Governance|11||11|Allocated on time| |Insurance|10||10|Allocated on risk| |Accountancy, legal and other||||| |professional services|35|6|41|Allocated on time| |General office|60|11|71|Allocated on time| |Utilities|1||**1**|| |Tota I|**117**|**17**|**134**|| ## ## ||**Investment**|**Land**&||| |---|---|---|---|---| ||**Properties**|**Buildings**|**Equipment**|**Total**| |**Cost or valuation**|£1000|£'000|£'000|£'000| |As at 1 April 2020|1,102|6,890|442|8,434| |Additions|-|67||67| |Revaluations|(37)|-||(37)| |As at 31 March 2021|**1,065**|**6,957**|**442**|**8,464**| |**Depreciation and**||||| |**impairments**||||| |As at 1 April 2020|-|987|441|1,428| |Charge for the year|-|189|1|190| |As at 31 March 2021||**1,176**|**442**|**1,618**| |**Net book value**||||| |As at 1 April 2020|1,102|5,903|1|7,006| |As at 31 March 2021|**1,065**|**5,781**||**6,846**| ## ||**2021**|**2020**| |---|---|---| ||£'000|£'000| |Other debtors|410|672| |Trade debtors|-|| ||**410**|**672**| ## ||**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| ## ||**Restricted**|**Unrestricted**|**Total**| |---|---|---|---| ||£'000|£'000|£'000| |Balance at 1st April 2020|7,245|289|7,534| |Income in the year||173|173| |Gains/ (losses)|(37)|-|(37)| |Expenditure in the year|(190)|(252)|(442)| |Deferred Income|-|-|-| |Balance as at 31 March 2021|**7,018**|**210**|**7,228**| ## ||**Restricted**|**Unrestricted**|**Total**| |---|---|---|---| ||£'000|£'000|£'000| |Balance at 1 April 2019|5,389|255|5,644| |Income in the year|-|356|356| |Gains/ (losses)|(2)||(2)| |Expenditure in the year|(142)|(322)|(464)| |Deferred Income|2,000||2,000| |Balance as at 31 March 2020|**7,245**|**289**|**7,534**| ## ## ||**Restricted**|**Unrestricted**|**Total**| |---|---|---|---| ||£'000|£'000|£'000| |Tangible fixed assets|6,846||6,846| |Net current assets|172|210|382| ||**7,018**|**210**|**7,228**| ## ##