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|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|





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|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|






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|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|



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||Unrestricted|Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|
||funds|2024|funds|2023|
||£1000||£'000||
|Incomefromotherrecreationorleisure-time|||||
|occupation||200||216|
|Totalincomefromcharitableactivities||200||216|



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||Unrestricted|Unrestricted|
|---|---|---|
||funds2024|funds2023|
||£'000|£'000|
|Incomefromotherproperty|95|37|
|Incomefromevents|50|55|
|Totalincomefromothertradingactivities|145|92|



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|||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|





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|6Summaryanalysisof|expenditureand|relatedincome<br>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)|



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|||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|<br>2|113|Allocatedontime|
|Utilities|||||
|Total|135|6|141||





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||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|



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||2024|2023|
|---|---|---|
||£'000|£'000|
|Otherdebtors|131|247|
|Tradedebtor|14|0|
|VAT|2|0|
||147|247|



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||2024|2023|
|---|---|---|
||£'000|£'000|
|Tradecreditor|6|0|
|Deferredincome|11|23|
||17|23|





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||£'000|
|---|---|
|Balanceasat1April2023|23|
|Amountreleasedtoincomeearnedfromcommercialtrading|(23)|
|Amountdeferredinyear|11|
|Balanceasat31March2024|11|



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|nrestrictedfundsareexpendableatt<br>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|



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||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|





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|13Analysisofnetassetsbetweenfunds||||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||£1000|£'000|£'000|
|Tangiblefixedassets|6,601|0|6,601|
|Netcurrentassets||363|363|
||6,601|363|6,964|



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