G V BALL CHARITY (PEOPLE’S PARK) BANBURY CHARITY NUMBER 289391
ANNUAL REPORT For the year ending 31 March 2023
1. Introduction and Purpose of Report
- 1.1 To present to Trustees the Income & Expenditure Account for the G V Ball Charity and to authorise the Chairman to sign the Financial Statement and Annual Report on behalf of the Trustees.
2. Background
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2.1 People’s Park is owned and managed by the G V Ball Charity (People’s Park) Banbury Trust. Banbury Town Council as a Corporate Body is Trustee of the Charity.
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2.2 To comply with the requirements of the Charity Commissioners, the Trust is required to meet annually to approve the Financial Statement and the Annual Return.
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2.3 The Trust is also charged with the responsibility for the maintenance of the G V Ball Memorial in Southam Road Cemetery. Failure to maintain the memorial would result in the land being transferred to The Horton Hospital.
3. Report of Activities in 2022/2023
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3.1 The main project undertaken in this year was the completion of the Toilet Block conversion to a café, as well as design consideration of the Victorian walled garden adjacent to the new toilet block and community building.
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3.2 The Income and Expenditure Account is attached at Appendix 1 detailing the annual running costs and donation from Banbury Town Council.
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3.3 The G V Ball Memorial in Southam Road Cemetery has been maintained.
4. Recommendations
That the Trustees authorise:
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the Chairman to sign the Financial Statement; and
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the Town Clerk to complete the Annual Return of the G V Ball Charity (People’s Park) Banbury Trust.
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THE G V BALL CHARITY (PEOPLE'S PARKI BANBURY CHARITY NUMBER 289391 Income and Expenditure Account For The Year To 31 March 2023 2021r22 2022123 Incoming Resources Donalion from Banbury Town Council Note 2b 153,660 279,399 Total Incoming Resources 153.660 279,399 Direct Chargeable Expenditure Building Maintenance Grounds Maintenance Ulilily Charges Audit Fee Supplies and servIs 80.573 54.219 7.332 400 493 143.017 207,782 53.981 7.627 400 2.963 272.753 Other Expenditure- Administration Monitoring Costs Adminislralion Costs Support Service Costs Agency & Conlraded Charges 905 9,738 954 5,693 10,643 6.646 Total Expenditure 153,660 279,399 Total Nel Expenditure l.(l- Zc) Cokjncillor F Ahmed Chairman of Banbury Town Council For and on behalf of the Trustees Dale
THE G V BALL CHARITY (PEOPLES PARK} BANBURY CHARITY NUMBER 289391 Notes lo the Accounts 11 Status The Charily operates an endowmenl fund under the terms of the original donaliorTr. 2} Accounting Basis al The accounts are maintained wrthin Banbury Town Council's accounling syslem and, as such. are prepared on a full accruals basis. bl All the expenditure is incuired via Banbury T(vm Council and is matched by a donation fr(Nn Banbury Town Council_ cl The land known as People's Park is held by the Council under the twsts created in Ihe wll of the late G V Ball. The lanil is treated as a communily asset and has a £NIL valuation. Councillor F Ahmed Chairman of Banbury Town Council For and on behalf of Ihe Trustees Date
G V Ball Charity (People’s Park)
Mark Hassall ACMA MA Hon Secretary
The Town Hall Bridge Street Banbury Oxfordshire OX16 5QB
Tel: 01295 250340 Fax: 01295 250820
Our Ref: GVB 15/11/22 Your Ref Please ask for: Mark Hassall
Date: 31 October 2023 Email: mark.hassall@banbury.gov.uk
Dear Councillor
NOTICE OF MEETING
DATE: 7 November 2023 TIME: Immediately after the Banbury Town Council Meeting commencing at 6.30pm PLACE: Banbury Town Hall.
1 APOLOGIES FOR ABSENCE
Contact Mark Hassall (01295-250340)
2 MINUTES
To approve as correct the Minutes of the Meeting held on 15 November 2022. (Enclosed)
3 ANNUAL REPORT 2021/2022
To receive and approve the Annual Report and Accounts for 2022/2023. (Enclosed)
Mark Hassall
Hon Secretary and Treasurer
Registered with the Charity Commissioners for England and Wales, Charity Number 289391