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2024-03-31-accounts
| TRUSTEE'SANNUALREPORT |
3 |
| INDEPENDENTAUDITORS'REPORTTOTHETRUSTEEOFTHEHIGGINSONPARKCHARITY |
8 |
| STATEMENTOFFINANCIALACTIVITESFORTHEYEAREND31MARCH2024 |
12 |
| BALANCESHEETASAT31MARCH2024 |
13 |
| NOTESTOTHEFINANCIALSTATEMENTS |
14 |
| RegistrationNumber |
284420 |
| RegisteredAddress |
TheGateway |
|
Aylesbury |
|
Bucks |
|
HP198FF |
| NameofTrustee |
BuckinghamshireCouncil |
| AddressofTrustee |
TheGateway |
|
Aylesbury |
|
Bucks |
|
HP198FF |
| Contact |
MarkPreston |
|
AssistantDirectorofFinance |
| Address |
TheGateway |
|
Aylesbury |
|
Bucks |
|
HP198FF |
| Solicitor |
DistrictSolicitor(BuckinghamshireCouncil) |
| Address |
TheGateway |
|
Aylesbury |
|
Bucks |
|
HP198FF |
| Auditors |
SeymourTaylorLimited |
| Address |
FirstFloor,North |
|
40OxfordRoad |
|
HighWycombe |
|
Buckinghamshire |
|
HP112EE |
| STATEMENTOFFINANCIALA |
CTIVITES |
FORTHEYEAR |
END31MARC |
H2024 |
|
|
|
|
|
Total |
Total |
|
|
Unrestricted |
Restricted |
Funds |
Funds |
|
Note |
Funds |
Funds |
2024 |
2023 |
|
|
£'000 |
£'000 |
£'000 |
£'000 |
| Income |
|
|
|
|
|
| Incomefromcharitableactivities |
|
|
|
|
|
| Operationofexercisefacilitiesand |
|
|
|
|
|
| park |
3 |
200 |
0 |
200 |
216 |
| Incomefromothertradingactivities |
|
|
|
|
|
| Commercialtrading |
4 |
145 |
0 |
145 |
92 |
| Grantincome |
|
(39) |
0 |
(39) |
0 |
| Otherincome |
|
2 |
0 |
2 |
0 |
| Totalincome |
|
308 |
0 |
308 |
308 |
| Expenditure |
|
|
|
|
|
| Costsofraisingfunds: |
|
|
|
|
|
| Commercialtrading |
|
81 |
0 |
81 |
8 |
| Expenditureoncharitableactivities: |
|
|
|
|
|
| Operationofexercisefacilitiesand |
|
|
|
|
|
| park |
5 |
338 |
193 |
531 |
439 |
| Totalexpenditure |
|
419 |
193 |
612 |
447 |
| Netoperatingincome/(loss) |
|
(111) |
(193) |
(304) |
(139) |
| Gains/(losses)onrevaluationof |
|
|
|
|
|
| fixedassets |
8 |
0 |
(22) |
(22) |
(1) |
| Netmovementinfundsforthe |
|
|
|
|
|
| year |
|
(111) |
(215) |
(326) |
(140) |
| Reconciliationoffunds |
|
|
|
|
|
| TotalFundsbroughtforward |
|
371 |
6,919 |
7,290 |
7,430 |
| Totalfundscarriedforward |
|
260 |
6,704 |
6,964 |
7,290 |
|
BALANCESHEETASAT31MARCH |
2024 |
|
|
|
Charity |
Charity |
|
Note |
2024 |
2023 |
|
|
£'000 |
£'000 |
| Fixedassets |
|
|
|
| Tangibleassets |
8 |
6,601 |
6,816 |
| Totalfixedassets |
|
6,601 |
6,816 |
| CurrentAssets |
|
|
|
| Debtors |
9 |
147 |
247 |
| CashatBankandinHand |
|
233 |
250 |
| Totalcurrentassets |
|
380 |
497 |
| Liabilities |
|
|
|
| Creditors:Amountsfalling |
duewithinone |
|
|
| year |
10 |
(17) |
(23) |
| NetCurrentassets |
|
363 |
474 |
| Totalassetslesscurrent |
liabilities |
6,964 |
7,290 |
| Netassets |
|
6,964 |
7,290 |
| Thefundsofthecharity: |
|
|
|
| Restrictedincomefunds |
13 |
6,704 |
6,919 |
| Unrestrictedincomefunds |
|
260 |
371 |
| Totalcharityfunds |
|
6,964 |
7,290 |
| inancialAssetsareclassif |
iedintothree |
typesassummarisedbelow: |
| Category |
Balance |
SOFA |
|
Sheet |
|
| AmortisedCost |
Amortised |
Movementsinamortisedcostare |
|
Cost |
debited/creditedtothesurplusor |
|
|
deficitonthefund. |
| FinancialValuethrough |
FairValue |
Movementsinfairvaluearedebited/ |
| OtherComprehensive |
|
creditedtoOtherComprehensive |
| IncomeandExpenditure |
|
IncomeandExpenditure |
| FinancialValuethrough |
FairValue |
Allgainsandlossesarepostedtothe |
| Profit&Loss |
|
fund |
|
Unrestricted |
Unrestricted |
Unrestricted |
Unrestricted |
|
funds |
2024 |
funds |
2023 |
|
£1000 |
|
£'000 |
|
| Incomefromotherrecreationorleisure-time |
|
|
|
|
| occupation |
|
200 |
|
216 |
| Totalincomefromcharitableactivities |
|
200 |
|
216 |
|
Unrestricted |
Unrestricted |
|
funds2024 |
funds2023 |
|
£'000 |
£'000 |
| Incomefromotherproperty |
95 |
37 |
| Incomefromevents |
50 |
55 |
| Totalincomefromothertradingactivities |
145 |
92 |
|
|
Other |
|
|
|
|
recreation |
|
|
|
Facilitiesfor |
orleisure- |
|
|
|
physical |
time |
|
|
|
exercise |
occupation |
2024Total |
2023Total |
|
£'000 |
£10O0 |
£'000 |
£'000 |
| CarParkCosts |
|
18 |
18 |
18 |
| Depreciation |
193 |
|
193 |
194 |
| Maintenancetogrounds |
|
56 |
56 |
36 |
| Repairs/Maintenance |
|
123 |
123 |
57 |
| Supportcosts(seenote7) |
135 |
6 |
141 |
134 |
| Total |
328 |
203 |
531 |
439 |
| 6Summaryanalysisof |
expenditureand |
relatedincome
Other |
forcharitabl |
eactivities |
|
|
recreation |
|
|
|
Facilities |
orleisure- |
|
|
|
forphysical |
time |
2024 |
2023 |
|
exercise |
occupation |
Total |
Total |
|
£'000 |
£'000 |
£'000 |
£'000 |
| Costs |
(328) |
(203) |
(531) |
(439) |
| Physicalexercise |
- |
- |
- |
- |
| Recreationorleisure- |
|
|
|
|
| time |
- |
200 |
200 |
216 |
| Netcostfundedfrom |
|
|
|
|
| otherincome |
(328) |
(3) |
(331) |
(223) |
|
|
Other |
|
|
|
Facilities |
recreation |
|
|
|
for |
orleisure- |
|
|
|
physical |
time |
|
Basisof |
|
exercise |
occupation |
Total |
apportionment |
| Governance |
|
2 |
2 |
Allocatedontime |
| Insurance |
12 |
2 |
14 |
Allocatedonrisk |
| Accountancy,legalandother |
|
|
|
|
| professionalservices |
12 |
|
12 |
Allocatedontime |
| Generaloffice |
111 |
2 |
113 |
Allocatedontime |
| Utilities |
|
|
|
|
| Total |
135 |
6 |
141 |
|
|
Investment |
Land& |
|
|
|
Properties |
Buildings |
Equipment |
Total |
| Costorvaluation |
£'000 |
£'000 |
£'000 |
£'000 |
| Asat1April2023 |
1,351 |
7,025 |
442 |
8,818 |
| Additions |
- |
|
|
|
| Revaluations |
(22) |
- |
- |
(22) |
| Asat31March2024 |
1,329 |
7,025 |
442 |
8,796 |
| Depreciationand |
|
|
|
|
| impairments |
|
|
|
|
| Asat1April2023 |
|
(1,560) |
(442) |
(2,002) |
| Chargefortheyear |
|
(193) |
|
(193) |
| Asat31March2024 |
|
(1,753) |
(442) |
(2,195) |
| Netbookvalue |
|
|
|
|
| Asat1April2023 |
1,351 |
5,465 |
|
6,816 |
| Asat31March2024 |
1,329 |
5,272 |
|
6,601 |
|
2024 |
2023 |
|
£'000 |
£'000 |
| Otherdebtors |
131 |
247 |
| Tradedebtor |
14 |
0 |
| VAT |
2 |
0 |
|
147 |
247 |
|
2024 |
2023 |
|
£'000 |
£'000 |
| Tradecreditor |
6 |
0 |
| Deferredincome |
11 |
23 |
|
17 |
23 |
|
£'000 |
| Balanceasat1April2023 |
23 |
| Amountreleasedtoincomeearnedfromcommercialtrading |
(23) |
| Amountdeferredinyear |
11 |
| Balanceasat31March2024 |
11 |
nrestrictedfundsareexpendableatt
bjectsofthecharity |
hediscretionofthe |
trusteeinfurther |
anceofthe |
|
Restricted |
Unrestricted |
Total |
|
£'000 |
£'000 |
£'000 |
| Balanceat1stApril2023 |
6,919 |
371 |
7,290 |
| Incomeintheyear |
0 |
308 |
308 |
| Gains/(losses) |
(22) |
0 |
(22) |
| Expenditureintheyear |
(193) |
(419) |
(612) |
| DeferredIncome |
|
|
0 |
| Balanceasat31March2024 |
6,704 |
260 |
6,964 |
|
Restricted |
Unrestricted |
Total |
|
£'000 |
£1000 |
£1000 |
| Balanceat1stApril2022 |
7,114 |
316 |
7,430 |
| Incomeintheyear |
- |
308 |
308 |
| Gains/(losses) |
(1) |
|
(1) |
| Expenditureintheyear |
(194) |
(253) |
(447) |
| DeferredIncome |
|
|
|
| Balanceasat31March2023 |
6,919 |
371 |
7,290 |
| 13Analysisofnetassetsbetweenfunds |
|
|
|
|
Restricted |
Unrestricted |
Total |
|
£1000 |
£'000 |
£'000 |
| Tangiblefixedassets |
6,601 |
0 |
6,601 |
| Netcurrentassets |
|
363 |
363 |
|
6,601 |
363 |
6,964 |