## ## |TRUSTEE'S ANNUAL REPORT||| |---|---|---| |INDEPENDENT AUDITORS' REPORT TO THE TRUSTEE OF THE HIGGINSON|PARK CHARITY ............8|| |STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR END31MARCH 2023..., ,...,...„**.**
....... .,.....||12| |BALANCE SHEET AS AT31MARCH 2023.||13| |NOTES TO THE FINANCIAL STATEMENTS||14| |Registration|Number|284420||| |---|---|---|---|---| |Registered|Address|The Gateway||| |||Aylesbup||| |||Bucks||| |||HP19 SFF||| |Name ofTrustee||Buckinghamshire|Council|| |Address of|Trustee|The Gateway||| |||Aylesbury||| |||Bucks||| |||HP19 SFF||| |Contact||Mark Preston||| |||Assistant
Director|of Finance|| |Address||The Gateway||| |||Aylesbury||| |||Bucks||| |||HP19 SFF||| |Solicitor||Solicitor (Buckinghamshire||Council)| |Address||The Gateway||| |||Aylesbury||| |||Bucks||| |||HP19 SFF||| |Auditors||Seymour Taylor Limited||| |Address||57 London Road||| |||High Wycombe||| |||Bucks||| |||HP111BS||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMENT OF|STATEMENT OF|FINANCIAL|FINANCIAL|ACTIVITES|FOR THE YEAR|END31MARCH|2023|| |---|---|---|---|---|---|---|---|---| ||||||||Total|Total| ||||||Unrestricted|Restricted|Funds|Funds| |||||Note|Funds|Funds|2023|2022| ||||||2'000|E'000|E'000|2'000| |Income||||||||| |Income from|charitable
activities|||||||| |Operation
of|exercise facilities and|||||||| |park|||||216||216|112| |Income from|other trading|activities||||||| |Commercial|trading||||92||92|125| |Grant income||||||||105| |Total income|||||308||308|342| |Expenditure||||||||| |Costs ofraising funds:||||||||| |Commercial|trading|||||||43| |Expenditure|on charitable|activities:||||||| |Operation
of|exercise facilities||and|||||| |park|||||245|194|439|384| |Total expenditure|||||253|194|447|427| |Net operating
income I||(loss)|||55|(194)|(139)|(85)| |Gains I(losses) on revaluation|||of|||||| |fixed assets||||||||287| |Net movement
in funds||for the||||||| |year|||||55|(195)|(140)|202| |Reconciliation
offunds||||||||| |Total Funds|brought
forward||||316|7,114|7,430|7,228| |Total funds|carried forward||||371|6,919|7,290|7,430| ||||||BALANCE SHEETAS AT31MARCH|BALANCE SHEETAS AT31MARCH|2023|| |---|---|---|---|---|---|---|---|---| ||||||||Charity|Charity| |||||||Note|2023|2022| ||||||||E'000|E'000| |Fixed assets||||||||| |Tangible assets|||||||6,816|7,010| |||||Total fixed assets|||6,816|7,010| |Current Assets||||||||| |Debtors|||||||247|444| |Cash at Bank and|||in Hand||||250|| |||||Total current||assets|497|444| |Liabilities||||||||| |Creditors: Amounts||||falling|due within|one||| |year||||||10|-23|-24| |Net Current||assets|||||474|420| |Total assets||less|current||liabilities||7,290|7,430| |||||Net assets|||7,290|7,430| |The funds|ofthe||charity:|||||| |Restricted|income||funds|||13|6,919|7,114| |Unrestricted||income||funds|||371|316| |||||Totalcharity||funds|7,290|7,430| ## ## ## ## ## ## ## |fair value and are carried at th|fair value and are carried at th|e amortise|d
cost.|d
cost.|| |---|---|---|---|---|---| |Financial Assets are classified||into three|types as summarised
below:||| |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||AII gains and losses are|posted|to the| |Profit 5 Loss|||fund||| ## ## |||Unrestricted|Unrestricted|Unrestricted|Unrestricted| |---|---|---|---|---|---| |||funds|2023|funds|2022| |||&000||&000|| |Income from other recreation|or leisure-time||||| |occupation|||216||112| |Total income from charitable|activities||216||| ## |Income from other trading activities||| |---|---|---| ||Unrestricted|Unrestricted| ||funds 2023|funds 2022| ||&000|OOOO| |Income from other property|37|87| |Income from events|55|38| |Total income from other trading activities|92|| ## |||||Other||| |---|---|---|---|---|---|---| |||||recreation||| ||||Facilities for|or leisure-||| ||||physical|time||| ||||exercise|occupation|2023Total|2022 Total| ||||OOOO|5,'000|&000|OOOO| |Car Park|Costs|||18|18|14| |Depreciation|||194||194|191| |Maintenance||to grounds||36|36|35| |Repairs/|Maintenance|||57|57|28| |Support|costs|(see note 7)|114|20|134|116| |Total|||308|131|439|384| ## |6
Summary|analysis ofexpenditure|and|related|Income|for charitable|activities| |---|---|---|---|---|---|---| ||||Other|||| ||||recreation|||| ||Facilities||or leisure-|||| ||for physical||time||2023|2022| ||exercise||occupation||Total|Total| ||&000||5'000||5'000|OOOO| |Costs|(308)|||(131)|(439)|(384)| |Physical exercise||||||| |Recreation or leisure-||||||| |time||||198|198|112| |Net cost funded from||||||| |other income|(308)|||67|(241)|(272)| ||||Other|||| |---|---|---|---|---|---|---| |||Facilities|recreation|||| |||for|or lelsure-|||| |||physical|time||Basis of|| |||exercise|occupation|Total|apportionment|| |Governance|||||Allocated|on time| |Insurance||||10|Allocated|on risk| |Accountancy,
professional|legal and other
services|7|1|8|Allocated|on time| |General office||98|17|115|Allocated|on time| |Utilities||1||1||| |Total||114|20|134||| ## ## ## |NOTES TO T
8
Tangible fixed assets|HE FINANCIAL STAT|EMENTS —con|tinued|| |---|---|---|---|---| ||Investment|Land &||| ||Properties|Buildings|Equipment|Total| |Cost or valuation|&000|OOOO|X'000|OOOO| |As at1April 2022|1,352|7,025|442|8,819| |Additions||||| |Revaluations||||| |As at31March 2023|1,351|7,025|442|8,818| |Depreciation
and||||| |impairments||||| |As at 1April 2022||(1,367)|(442)|(1,809)| |Charge for the year||(193)||(193)| |As at31March 2023||(1,560)|(442)|(2,002)| |Net book value||||| |As at1April 2022|1,352|5,658||7,010| |As at31March 2023|1,351|5,465||6,816| ## |||2023|2022| |---|---|---|---| |||f.'000|OOOO| |Other|debtors|247|444| |||247|| |10Credit|ors: amounts
falling d|ue within one year|| |---|---|---|---| |||2023|2022| |||OOOO|OOOO| |Deferred|income|23|24| |||23|24| ## ## |Deferred|income comprises advance|payments|from|commercial|leases.| |---|---|---|---|---|---| |||||OOOO|| |Balance|as at1April 2022||||28| |Amount|released to income earned|from commercial||trading|(28)| |Amount|deferred
in year||||23| |Balance|as at31March 2023||||23| ## |bjects o|fthe charity|||| |---|---|---|---|---| |||Restricted|Unrestricted|Total| |||5,'000|5'000|X,'000| |Balance|at 1st April 2022|7,114|316|7,430| |Income|in the year|0|308|308| |Gains /|(losses)|(1)|0|(1)| |Expenditure
in the year||(194)|(253)|(447)| |Deferred|Income|||0| |Balance|as at31March 2023|6,919|371|7,290| ## |mparatives
for movements
in charitabl|e funds||| |---|---|---|---| ||Restricted|Unrestricted|Total| ||f.'000|&000|X,'000| |Balance at 1st April 2021|7,018|210|7,228| |Income in the year||342|342| |Gains / (losses)|287||287| |Expenditure
in the year|(191)|(236)|(427)| |Deferred Income|||| |Balance as at31March 2022|7,114|316|7,430| ## |NOTES TO THE FINANCIAL ST|ATEMENTS —c|ontinued|| |---|---|---|---| |13Analysis ofnet assets between funds|||| ||Restricted|Unrestricted|Total| ||2'OOG|&000|X.'000| |Tangible fixed assets|6,816|0|6,816| |Net current assets|103|371|474| ||6,919|371|7,290| ##