| 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 |