Lower Central Gardens Bournemouth
Charlty No. 299739
Trustee's Report and Audfted Accounts
31 Marth ZOZ5

Lower Central Gardens Bournemwlh
Contents
Paiels}
2to4
Trustee's Annual Report
Auditor's Report
Statement of Finan¢ial Attivities
5t08
BalancÈ Sheet
io
ststement of Cash Ilows
li
Notes to the Accounts
12to20
Detsiled Ststement of Flnandal Actlvltles
21to22
Page I

Lower Central Gardens Bournemouth
Trustees Annual Report
The trustee presents their report wlth the audlted financial statements of the charlty for the year ended 31
March 2025.
REFERENCE AND ADMINISTRATIVE DEfAILS
Charlty No. 299739
Prlndpal Office
Civic Centre
Bourne Avenue
Bourrnemouth
Dorset
8H2 6DY
Trust••
The followlng trustee served durin8 the year..
BCP Councll
Trust••s holdln8tltl• to charlty property
8CP Councll
K•y Man•8•mant Personnel
Councillor Matthew Gillett- Chalr
Counclllor Bernadette Nanovo
Counclllor Stephen Bartlett. re51gned 7 May 2024
Mr Roger Boon - reslgned 18 December 2024
Chlef Executlve Offlcer- Kate Lan8down
Audltor
Counclllor Jamie Martin Vlce Chalr
Counclllor Lawrence Wllllams
Counclllor Andy H4dley- reslgned 10 Oecernber 2024
Hixsons
24 Cecll Avenue
Bournemouth
BH8 9EJ
08JEcfivES AND ACllVITIES
The object of the charltyls the provlslon of open space for the recreatlon and enjoyment of the publSc. The
Gardens are Llsted Grade11 in the Hi5torlc England 'Règister of Parks and Gardens"
The Charlty Is subSect to several strategies th3t design the way that objectlve5 are being fulfilled. The maln
document is Lower, Central & Upper Gardens 5-year Mana8ernent Plan which was drafted in conjunttion
with.. Bournemouth 2026 Community Strategy. Green Space Strate8y, Playground Strategy. Nature
Con5etvatlon Strategv.
The Management Plan and Lower Gardens Masterplan are provldlng detalls of proposals to improve the
vlsltors, experience in the Gardens. The examples of these are.. to revièw plantlng and phase replacement
wilh new water tolerant plantin8, to refinè and improve Chrlstmas events in Lower Gaidens to ensure
smooth runnln& 4-year plan to renovate all the 5hrubs/tree boarders alon8 WestoveT Road, to develop
Westover Gardens as an area for the arts and other community events.
Page 2

Lower Central Gardens Bournemouth
Trustees Annual Report
ACHIEVEMETrtrs AND PERFORMANCE
The event hlghlights wère the Alr Festival IAu8USt 20241. the Arts ByThe Sea Festival and the Knife Crime
Awareness Event (both September 20241. the Boumemouth Marathon (October 20241 and winter ice rlnk
and Christmas Tree Wonderland (Novembèr 2024- january 20251.
FINANaAL REVIEW
H15torically the Council, in its role as local authorlty and corporate trustee, has provided donated setvlces
each year sufficient for the charity to achieve breakeven and meet any liabilities as they fall due. Thi5 IS
currently the policy that is expected to continue and so the account5 have been prepared on a goln8 concern
asis. The trustee considers that there are no matÈrial uncertainties about the charity's ability to continue a5
going concern. The unre5trlcted fund of £2,027 represents the value of the donated stock from 8CP
Council. The restricted incorne fund of £1,648,643 represents change in the fixed assets value and is not used
for dlstributlon. The endowment fund of £2S,874,404 15 held on trust to be retalned lor the benef5t of the
charity as a capital fund. The trustee must permanently maintain the whole ol the fund. The fund conslsts of
assets that are used for the purposes of the charity and cannot be spent a5 if it were income. The net
revenue expenditure supports the obleciive of the Trust.
PLANS FOR FUTURE PERIODS
Maintainin8 and improvlng the pvbllc's access to the Charity's land for use as pleasure 8ardens wlll continue
to be the maln focus In the year5 ahead.
STRucfuRE, GOVERNANCE AND MANAGEMENT
The accounts reco8nlse the treatrnent of the Charity as a separate entlty with Its own transartions distinct
from those of BCP Council.
The Trust was created In 1873 under an Indenture between BCP Council's predecessor body the
Bournemouth Commlssloners and Slr George Ellot Meyrick Tapps Gervls. The day to day control and
management of the Lower Central Gardens and hence the charlty, was varled by 5.29 Bournernouth 8orough
oyncil Act 1985. Thi5 vested in the Councll the general power to use, control and manage the Lower Central
Gardens. BCP Council manages the Charlty in Its Tole as trustee. Recornmendatlons from the Countll Cablnet
on Charlty Issues are refèrred to full rneetlngs of the Councll actlng as trustee for appropriate decisions.
The trustee recruitment proce55 is carried out by exlsting trustees on behalf of Members of the Trust. The
trustee vacancy is advertised In the local medla and interèsted parties are then provided with..a. Briefin8
Note b. Applicatlon Form c. Oraft scheme of Management d. Master Plan drawing e. Lowèr Garden5
summary. The appllcants arÈ then Intervlewed and appolnted usln8 the Charlty Comml55ion Operatlonal
Guldance, Trustee Act 2000, OG 86 B4'Power to employ nominee5 and custodlans,. On the appointment the
trustees are provided wlth a copy ol ihe Charity scheme for the new Trust together with the rules for
confllcts of Snterest.
There are Mo formal pollcle5 or procedures adopted for the induction and training of trustees,
The law appllcable to charities requlre5 the charity trustee to prepare financial statements whlch
give a true and fair view of the state of affalrs of the charity and of the Incoming resources and
application of resources of the charity lor that period. In preparln8 these flnancial statements, the
trustee Is requlred to..
selert 5Ultable accountlng pollcies and then apply them consistently;
observe the methods and principles in the Charities SORP.,
make Judgements and estimates that are reasonable and prudent,.
Page 3

Lower Central Gardens 8ournemouth
Trustee5 Annual Report
State whether applicable UK accountin8 Standards have been followed,
subjettto any material departures disclosed and explained In the finandal
statementS.'
prepare the flnanclal statements on the going concern basis unles5 It is
inappropriate to presume that the charity will continue in bu5ines5.
The trustee15 responsible for keeplng proper accounting records that disclose with ￿aSOnable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial staternents
Comply wlth the Charitles Att 2011, the applicable Charlties (Accounts and fleportsl Regulations, and the
provisions of the Trust deed. The Trustee is also responsible for safeguarding the assets of the charity and
hence taking reasonable Steps for the preventSon and detection of fraud and other irregularities.
Statement of d15closur# of lrtforniatlon *0 audltor
So far as the trustees are aware, there Is no relevant audlt Information of which the company's audltors are
unaware and each trustee has taken all the steps that he or she ought to have taken as a trustee In order to
make hlmself or herself aware of any relevant information and to establlsh that the company's audltor5 are
aware of that Informatlon.
Si8ned
8CP Councll
Trustee
26 lanuafv 2026
Page 4

Lower Central Gardens Bournem(
AudSt Report Unquallfled
Independent Audito￿$ Report to the Trustee ol Lower Central Gardens Boumemouth
OpSnlon
We have audlted the accounts of Lower Central Gardens Bournemouth (the 'charity'l for the year ended 31
March 2025 which comprise the Statement of Financial Activities, the Balance Sheet. the Statement of Cash
Flows and the Notes to the Accounts. including a summary of signiflcant accounting policles. The financial
reporting framework that has been applied in their preparatlon Is applicable law and United Kingdom
Actountin6 Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republi
of Ireland, Iunited Kingdom Generally Accepted Accountin8 Practicel.
In our opinion the attounts..
give a true and fair view of the state of the charlty'5 affair5 a5 at 31 March 2025,and of its
profitlloss for the year then ended,.
have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accounting
Practice,. and
have been prepared In accordancè wlth the requSrements of the Charltles Act 2011.
Bas15 for oplnlon
We conducted our audll in accordance wlth Internatlonal Standards on Audltlng IUKI11SA5 IUKI and
applicable law. Our responsibilitie5 under those standards are further described in the Audltorfs
iesponsibllities for the audit of the accounts sectlon of ouc report. We are Sndependent of the charity in
accordance wlth the ethlcal requirement5 that are relevant to our audit of the accounts In the UK, includin8
the FRC'S Ethical Stsndard and we have fullllled our other ethlcal respgn5ibllities In accordance wlth these
requlrement5. We belleve that the audlt evldence we have obtalned Is 5ufflclent and approprlate to provlde a
b3515 for our opinion.
Con¢lu51ons relatlns to iolni conc•rn
In auditin8 the accounts, we have Concluded that the trustees, use of the goSng concern basls of ac¢ountln8
in the preparation of the accounts 15 appropriate.
Based on the Work wè have performed, we have not Identlfled any materlal uncertalntles relating to events
or conditions that, individually or collectlvely, may cast significant doubt on the group and parent charity's
ablllty to contSnue as a going concern for a perlod of at least 12 months from when the accounts are
authorlsed for issue.
Our responsibillties and the responslbi1Stle5 of the trustees wlth respect to 80in8 concern are descrSbed Sn the
relevant sections of this report.
Other Infomiatlon
The other information cornprlses the Informatlon Included In the annual report, other than the ac¢ounts and
our audltorfs report thereon. The trustee is responslble for the other 5nformatlon.
Our oplnSon on the accounts does noi Cover the other Snformatlon and we do not express any lorm of
assurance conclusion thereon.
In connection with our audlt of the accounts, our re5ponsibllity is to read the other Information and, In doln8
so, consider whether the other information is materialty incon55stent with the accounts or our knowledge
obtained in the audit or otherwise appears to be materially mi5Stated. If we identify such materlal
Inconsi5tencle5 or apparent materlal mlsstatements, we are required to determine whether there is a
material misstatement In the accounts or a matÈrial misstatement of the other Information. If, based on the
work we have performed. we conclude that there is a materlal mlsstatÈmÈnt of this other 1nformation.we are
required to report that fact.
Page 5

Lower Central Gardens Bournemouth
Audit Report Unquallfled
We have nothing to report In thls regard.
Matters on which we arè required to report by excèptlon
We have nothing to report in respert of the following matters In relatlon to which the Charities IAccounts
and Reports) Re8ulatlons 2008 requires u5 to report to you if, In our oplnion..
the information given in the accounts is inconsistent in any rnaterial respect with the trustee'5
report,. or
suffltient actounting records have not been kept,. or
the accounts are nol In agreement with the accounting records,. or
we have not received all the informatlon and explanatlons we requSre for our audit.
Responsltsllltle5 of trustee
As explained more fully in the trustee's responslbllltlÈs statement found In the trustee's report, thp Irustee15
responsible for the preparation of accounts which 8ive 3 true and fair view, and for such internal control as
the trustees determine Is necessary to enable the preparation of accounts that are Iree from materlal
misstatement, whether due to fraud or error.
In preparing the accounts, the trustee 15 responsible for a5sesslng the charity's ability to continue as a golng
concern. dlsclosing, as appllcable, matters related to golng concern and uslng the goln8 concern ba55s 01
ateountlng unless the trustee Intends to Ilquldate the charlty or to cease operation5. or have no reali5tlc
alternatlve but to do 50,
Audltor's r•sponslbllltle$ forthe audlt ol the accounts
We have been appolnted under the Charltles Act 2011, 5. 144 and report in at¢ordance wlth the regulatlons
made under the Act and rèlevant règulations made or havlng effect thereunder.
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free f￿M
material mlsstatement, whether due to fraud or error, and to Issue an audltorfs report that Includes our
oplnlon. Reasonable assurance is a hlgh level of assurance, tsut Is not a guarantee that an audlt conducted In
accordance wbth ISA5 IUKI w511 always detect a materlal mSsstatement when it exists. Mlsstatements can arlse
from fraud or error and are conslderèd materlal if. Indlvidually or Sn the 38gre8ate, they could reasonably be
expected to Inlluence the economic decislons of u5er5 taken on the basis of these accounts.
The extent to whlch our procedure5 are capable of detertin8 irregularltles, Includlng fraud 15 detailed below:
Page 6

Lower Central Garden$ 8oumemouth
Audlt Rèport Un4uallfled
A5 part of designing our audit, we determined materiality and assessed the risks of material mi55taternent in
the financial statements. Includlng how fraud may occur by enquiring of management of its own
consideratlon of fraud. In particular, we looked at where management made sublective judgements. for
exarnple in respert of significant accounting estlmates that Involved making assumptions and considering
future events that are inherently untertain. We also considered potential financial or other pressures.
opportunity and motlvations for fraud.
As part of thSs dlscusslon we identified the internal controls established to mitigatè risks related to fraud or
noncompliance with laws and regulations and how management monitor these processes. Appropriate
procedures included the review and testlng of rnanual lourna15 and key estimates and judgements made bv
management.
We galned an understandSn8 of the legal and regulatory framev40rk applicable to the charity and the sector
in which it operates. drawing on our sector experience, and considered the rlsk of acts by the Charity that
were contrary to these laws and regulations, including fraud.
We focused on law5 and re8ulations that could glve rlse to a material rri55taternent in the financlal
5tatement5, including, but not limited to, the Charities Act 2011 and UK tax le8islation.
We made enquirles of management wlth rpgards to compliance with the above laws and regulatSons and
corroborated any necessary evlden¢e to relevant informatlon, lor example, mlnutes of the tru5tees' meetin85
and correspondence between the CharSty and Its 5011cltors.
Our test5 Included a8reeln8 the fSnanclal statements dlsclosures to underlyin8 SUPPOrting documentstion and
enquirie5 Wlth management, Identlfyina and te5tln8 journal entries, Sn partlcular any journal entrles p05ted
wlth unusual account combinations, reviewing of deferred income and accrued provlslons.
We dld not Ident5fy any key audit matters relating to iNegularitles, in¢ludlng fraud. As in all of our audlts, we
also addressed the rlsk of management override of Internal controls includin8 testin8 journals and evaluatlon
whether there was evidence of blas by the trustees that represented a risk of materlal mlsstatement due to
fraud.
Our audit proeedures were de55gned to respond to rlsks of materlal mlsstatement in the flnanclal statements,
recognisin8 that the risk of not detecting a materlal missiatement due to fraud is higher than the rlsk of not
detectin8 one result4ng from error, as fraud may involve deliberate concealment by, for example, forgery,
misrepresentations or through collusion. There are Inherent limltatlons in the audit procedure5 performed
and the further removed non-compllance with law5 and regulatlDn51s from the events and transactions
reflected in the flnanclal statements, the le55 Ilkely we are to become aware of it.
A further description of our responsibS1ities for the audit of the account5 is located on the Flnanclal Reportin8
Councll's website at www.frc.org.uklauditorsresponsibilities. This de5criptian form5 part of our auditor's
report.
Use of thls report
This report is made solely to the charlty's trustees. as a body, in accordance Part 4 of the Charlties IAccount5
and Reportsl Regulatlons 201)8. Our audit work has been undertaken so that we mSght state to the charity'5
trustees those matters we are required to state to them In an audlttsrs, report and for no other purpose. To
the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the
charity and the charity's trustees as a body. for our audit wDrk, for this report, or for the opinions we have
formed.
Page 7

Lower Central Gardens Bournemouth
Audlt Report Unqualffied
Hixsons, Accountants and Statutory Audltors
24 Cecil Avenue
Bournemouth
BH8 9EJ
26 january 2026
Hlxsons is eligible for appolntment as audltor In terms of the Companles Act 2006, 5.1212.
Pa8e 8

Lower Central Garde￿ Bournemouth
Slatement of Finandal Actlvltles
for the year ended 31 March 2025
Unrestrlcted
fvnds
2025
strlrted Endowment
funds
fund5 Totsl funds Totsl funds
2025
2025
2025
2024
Notes
Income and endowments
from:
Donatlons and legacles
Charitable activities
Other trading actlvities
216,085
520,510
166,951
175,093
391,178
520,510
166,951
389,465
479,559
176,311
Total
903.546
175,093
1,078,639
1.045,335
Expenditure on:
Raising funds
Charltable a¢tfvitle5
Other
127,265
774,254
127.265
949,347
733,984
160,093
894,801
697,038
175,093
18.868
715,116
Total
9L)1,519
193,961
715,116
1,810,596
1.751,932
Net gaSns on Investments
N•t •xpendltur•
2,027
118,8681 171S,1161 1731,9571 1706.5971
Transfer5 between funds
Net exp•ndltur• b•for¢ other
i•lns/llosse31
2,027
118,8681 1715,1161 1731,9571 1706,5971
other plns ind Ios5•S
Other Galns
11,021.6891
11,040,557) 6,495,404
7,210,520
6,188,831
823,638
Net mt)vement In funds
2,027
5,456,874
117,041
Re¢on¢lllatlon ol funds:
Total fvnds brou8ht forward
2.689,2LX) 19,379,000 22,068,200 21,951,159
Total funds carrled fon¥ard
2,027
1,648,643 25.874,404 27,525,074 22.068,200
Page 9

Lower Central Gafdéns Bournemouth
Balan¢e Sheet
at 31 March 2025
Charlty No. 299739
2025
2024
FIMed •55ets
Tanglble assets
11 27,523.047
27.523.047
22,068,200
22,068,200
Current ass•ts
Stocks
Debtors
12
13
2,027
20.116
22.143
120.1161
2.027
36,9LXJ
36,900
136,9001
Credltors: Amount fallin8 due withln one year
Net current assèts
14
Total assets less ¢uirent liabllltles
27,525,074
22,068,2
Net assets excludln8 pengion a55et or114blllty
27,525.074
22,068,2
Tot*1 net ¥55elS
17,525,074
22,068,2
The fund5 ofthe tharltv
Restrlrted lunds
Endowrnent funds
Restrlcted Income fund5
Is
25,874,404
1,648,643
27,523,047
19,379,000
2,689.2LIJ
22,068,2(Xl
Unre5trkted fvnd5
General funds
15
2.027
2,027
R•s•r¥•s
15
Tot•1 funds
27,525,074
22,068,200
Approved by the trustees on 26 January 2026
Arbd signed on thelr be>alf bv..
BCP Coun¢ll
Trustee
26 January 2026
P￿e 10

Lower Central Gardens Bournemotrth
*t•mènt of Q5h flows
for the year ended 31 March 2025
2025
2024
Cash flows from operatSng a¢t￿ltIeS
Net Ina)m* p•r Ststement of FlnancTal Artlvlties
5,4S6.874
117.041
Adlustments for
Depreciation of property. plant and equipment
Other Igalnslllosses
Ilncreasel/Decrease in stocks
Decreaselllncreasel ln trade and other receivables
IDecreasellin¢rease in trade and other payables
733.984
16,188,831)
12,0271
16,784
116,7841
697,038
1823,6381
9.559
136,9001
18,981
N•t cash used In vpefatln8 actlvltles
117,9191
Net cash from In¥estlnR activities
Net cash from flnandnl a¢¢lvltles
Net decre•*e In cash and c•sh equlv•lents
117.9191
C•sh and cash equlvalents at the beglnnSng of the year
17,919
Cash and ¢•sh e4ulv•lents at the end of th• year
Compon•nts ot cmh and cash •qulval•nts
Cash and bank balances
Page 11

Lowèr Central Gardens Bournemouth
Notes to the Accounts
lor the year ended 31 March 2025
l Attountlng pollcles
Basi5 of preparation
The financial staternents have been prepared in accordance with Statement of Recommended Practice..
Accountlng and Reporting by Charities preparing thelr accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 july 2014 and the
Financial Reporting Standard applitable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Act 2011.
The Lower Central Gardens Bournemouth's corporate trustèe Includes the charity In Its consolidated
ftnaneial statements. The consolidated financial statements are preparèd under the International
FlnancSal Reportlng Standard5 and are available to the public at..
htt
www.bc
council.
ov.uk
About-the-cou
Bud
Ann
l.accoun
In these financial statements the Lower Central Gardens Bournèmouth Is considered to be a qualifying
entlty (for the purpose of thls FRSI and has applied exemptions available under FRS 102 In respect of the
requirement to present a cashflow statement. Having given re8ard to Publlc BenefSt Entity guldance the
corporate trustee conslders the Lower Central Garden5 Bournemouth to be a Publlc Benefit Entity.
Goin# Con¢em
Historically the Council, in its role as local authorlty and corporate trustee, has provided donated se￿Ice5
each year sufficient for the charity to achieve breakeven and meet any1Sabllltles as they fall due. Thi5 Is
currently the pollcy that is expected to contSnue and 50 the accounts have been prepared on a golng
oncèrn basls. The trustee conslders that there are no material uncertaintSes about the CharSty's ablllty to
continue a5 a 8oln8 concern.
As of 1st Aprll 2019 the Councll became part of a new aLrthorlty Bournemouth, Chrlstchurch & Poole
Councll IBCPI and the policy of donation has passed to the new authority. This is enshrined In the
following two UK Statutory Instruments.. 112018 No. 648 The 8ournemouth, Dorset and Poole (Structural
Change51 Order 2018 & 212fK)B No. 2176 The Local Government (Structural Chan8esllTransfer of
Funrtlon5, Property, RiBht5 and Llabllltiesl Re8ulatlon5 2CQ8,
Chanie In b•sls ol a¢¢ountlni or to prevlous actounts
There has been no chan8e to the accountln8 policies Ivaluailon rules and method of accountlngl since
last year and no changes have been made to account5 for previous years.
Fund accountlng
Unreslri￿ed funds These are avallable for use at the discretion of the tru5tee5 in furtherance of the
general objects of the charlty.
These are unrestrlcted fund5 earmarked by the trustees for partlcular purposes.
These are unrestrlcted fund5 whlch include a revaluatlon reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrlctlons imposed by the donor or throu6h
term5 of an appeal.
Desi8nated fund5
Revaluatlon funds
Restricted funds
Page 12

Lower Central Gardens Bourhemouth
Notes to the Accounts
Income
Re¢ggnttion of
income
Income is Included in the Statement Of Financlal Activitles ISOFAI when the charity
becomes entltled to. and virtually certsin to recelve, the income and the amount of
the intome can be measured with sufficient reliabllitv.
Income with related Where income has related expenditure the income and related expendlture 15
expenditure
reported 8ross in the SOFA.
Donations and
legacies
Voluntary income received by way of 8rants, donations and 8ifts is included In the
the SOFA when receivable and only when the Charity has uncondition31 entitlement
to the Income.
Tax reclalm5 on
Income from tax reclalms Is Included in the SOFA at the same time a5 the
donatlons and glfts glftldon3tlon to whlch It relate5.
Donated service5
These are only Included in Sncome Iwlth an equlvaltnt amount In expenditure)
and facilities
where the benefit to the Chaiity is reasonably quantifiable, measurable and
materlal.
Volunteer help
The value of any volunteer help re¢eSved Is not included in the account5.
Investment Income Thls Is Included In the accounts when receivable.
Galns/llos5esl on
Thi5 Includes any 8ain or loss resultSng from revalu5ng Investments to market value
rèvaluation of fixed at the end of the year.
assets
Galnslllossesl on
Investment assets
This Include5 any 8aln or1055 on the sale of investments.
Empendlture
Recognltlon of
expendlture
Expendlture Is recognSsed on an accrvals ba$15. Expendlture 5ncludes any VAT which
cannot be fully recovered, and Is reported as part of the expenditure to whlch It
rÈlates.
Expenditure on
These comprise the costs assoclated with attracting voluntary Income, fundrai51n8
r3i5in8 funds
trading costs and investment mana8ement Costs,
Expendlture on
Thesè tomprlse the ¢osts incurred by the Charlty in the delivery ol Its a¢tlvltles and
charitable actSvltles Services in the furtherance of Its oblects, Includlng the making of grants and
8overnance costs.
All grant exPend￿turÈ is accounted for on an actual pard basls pl(ts an accwal ftsr
8rants thot have been approved by the trustee5 at the end of the year but not yet
pald.
These Include those costs associated wlth meetlng the constltutlonal and statutory
requirements of the Charlty, Includlng any audlt/lndependent examlnatbon fee5,
costs Ilnked to the sirateglc management of ihe Charity, together with a share of
other admlnistration cost5.
These are Support costs not allocated to a partlcular activitv.
Grants payable
Governance costs
Other expenditure
Taxatlo
The chailty is exempt from tax on its charitable activities.
Page 13

Lower Central Gardens 8oum¢mouth
Notes to the Accounts
Tangible fixed assets and depre¢latlon
Depreciation is provided at the following annual rates In order to write off each a55et ovèr Its estlmated
useful Ilfe..
Pavilion
2% Straight line
Gardens
4- 10% Straight line
Pavilion asset labovel Is Pavilion and Lower Gardens bandstand. Garden5 asset labovel is Lower Gardens
minor buildings, certaln improvements to main buildings.
Assets are assessed at each year-end- in 2025 thls was by the external company Lambert smith Hampton
wh05e employees are accredited by the Royal Institute of Chartered Surveyor5 IRICSI as to whether there
15 any indication that they may be impaired. Where indications exlst and any possible differences are
estimated to be materlal. the recoverable amount of the asset15 e5tlmated and any shortfall 15
recognised as an Impairrnent lo55.
Impalrment losses are accounted for In the followlng ways.. 11 where there Is a balance of revaluatlon
galns for the asset In the Restrlcted Income fund the carryin8 amount of the asset is written down a8alnst
that balance, up to the amount of the accumulated gains,. 21 where there Is no balance in the Restricted
Income fund or an insufficient balance the carrylng amount of the asset IS Wrltten down agalnst the
expenditure In the Statement of Financial Actlvltle5 ISOFAI.
Where an Impairmènt loss Is subsequently reversed the reversal Is ¢redlted to the SOFA up to the amount
of the orlglnal loss, adlusted for depreclatSon that would have been char8ed If thè loss had not been
recognlsed.
The assets of the Charity are treated a5 comprislns the freehold Interest Ibased on the Councll as
trustee's rlght to manage) in the land between 8oumemouth Square arnd the seafront lald out as formal
publlc pleasure gardens. The area Is approxlmately SSX hectare5. Furthermore It ¢omprlses the Charltv,
ownershlp of the PavllSon. Assets included in the Balance Sheet are re-valued annually.
The assets of the Charity are.. 11 Pavilion at the end of 2009-10 the land swap took place 8lvlng the
Charity ftsll ownershlp of the building. The value of the asset in the Balance Sheet is based on the full
amount of the depreciated replacement cost and Is subjett to a full depreclatlon charge. The PavSllon Is
leased to BCP Councll who undèr the agreement have sub-leased it to BH Llve. 80th leases are for £nll
¢onslderation. 21 Lower Central Gardens- a full share of the exlstlng use valuatlon based on the
oncessions. The land now occupled by concesslons 15 ¢arrled at nil value. The trustee recognlses that
therels an intrinsic value to the rest of the gardens but as there is no likelihood of a full or major disposal
and because of the costs and difficulty In obtaining a valuation thls is carried at £nil.
Freehold Investment property
Investment propertles are measured Inltlally at C05t and subsequently at falr value at each balance sheet
date and are not depreciated. All gains or losse5 are taken to the Statement of Financlal ActSvlties as they
arlse.
Stocks
Sttsck is Included at the lower of cost or net realisable value. Oonated items of stock are reco8nised at fair
value which 15 the amount the Charity would have been willin8 to pay for the item5 on the open market.
Trade ond other debtors
Trade and other dèbtors are recognised at the settlement arnount due after any trade discount offered.
Prepayment5 are valued at the amount prepald net of any trade di5count5 due.
Pa8e 14

Lower Central Garden5 Boumemouth
Note5 to the A(￿￿nts
CJsh and cash equlvalènts
The charity does not have Its own bank account, all receipts are pald into and all payments paid from BCP
Council'5 main bank accounts.
Trade and other credltors
Short term creditors are measured at the transactlon prlce. Other creditors and provisions are recognlsed
where the charity has a present oblSgatlon rèsultlng from a past event that will probably result the
transfer of funds to a third party and the amount due to settle the obligatlon can be measured or
estimated reliably. Creditor5 and provisions are normally recogni5ed at their settlement amount after
allowin8 for any trade discounts due.
Re¢elpt of donated goods, fathl6ties and seNkes
All donated goods, facilities and servi￿5 received are recogni5ed wlthin incoming resources and
expenditure at an estimate ol the value to the charity.
2 Ststement of Flnanclal Actmtles. prloryear
Unre5trirted
funds
R•strlrted Endowment
funds
fund5 Tot•1 funds
2024
2024
2024
2024
In¢ome and endowments from:
Donations and legacies
Charltable activltle5
Other tradlng actSvlties
Total
226,196
479.559
176,311
163,269
389,465
479.559
176,311
882,066
163.269
1,045,335
Expendltur• on:
Ra15Ing fund5
Charitable actlvltles
160,093
731,532
160,093
894,801
697,038
163,269
19.267
Other
677,771
Total
891,625
182,S36
677,771
1,751,932
Net Income
19,5591
119,2671
1677,7711 1706,5971
N•t Income beft>r* oth•r
ialnsll1o￿sI
Otherlalns and losses:
other Galns
19,5591
119,2671
1677,7711 1706,S971
121,1331
140,4001
844,771
823.638
Net movement In funds
19,5591
117,041
RKonclllatlon of funds:
Total funds brought forward
Total funds carrled fDrw•rd
9,559
2,729,600
19,212,OCKI 21.951,159
2,689,2rxs
19,379,000 22.068,200
Page IS

Lower Central Gardèns Bwrnemouth
Notes lo the A¢¢ounts
3 Incorne from donation5 and legacEe5
Unre5trlrted
Restyl¢ted
Total
Total
2025
2024
Donated services received
from BCP Councll
Donated Services received
from 8CP Councll
216,085
216,085
226,196
175,093
175,093
163,269
216,085
175,093
391,178
389.465
4 In￿me from charltablè actMtI85
UnrÈstrlct•d
Total
2025
Total
2024
Commerclal operations,
activities and events lsee
below for detaill
520,510
520.510
479,559
520,510
520.510
479,559
Refreshments & conce55lon5
Knlfe Crlme Awareness + Small events
Ice rink Income + costs reimbursement
Arts by the Sea
Christmas Tree Wonderland
295,869
5,420
46.219
39,844
133,158
520,510
295,869
5,420
46,219
39,844
133,158
520,510
285,643
49.323
16,377
128,216
479.559
S Income from other tradlni artlv5tles
Unrestrlrted
Totil
2025
Totsl
2024
Mlnl-golf
Art exhlbltlon
162,304
4,647
166,951
162,304
4,647
166,951
167,043
9,268
176,311
6 Exp•ndtture on r*lsln8 funds
Unr•5trl¢ted
Total
Total
Z025
2024
Fundm151nq tradlnq costs
Commercial operations
127,265
127.265
127,265
127,265
160,093
160.093
Page 16

Lower Central Gardens Bournemauth
Notes to the Accounts
7 Expenditure on charltable actlvlQ1•5
Unrestrltted
Restrlcted
Totsl
Total
2025
20Z4
Expenditure on chtirftoble
ortlvities
Maintenance of gardens and
publlc bulldlngs Iseè below
for detail)
Activities and events (see
below for detalll
Governance costs
374,476
175,093
549.569
549,925
390,778
390.778
336,626
Audtt fees
9,OC(J
774,254
9.000
949.347
8.250
894,801
175,093
Unr•strlct•d
R•strfrted
Totsl
2025
Total
2024
Malntenance of gardens and publSc
bulldln85
Direct costs- malntenance and repalrs
Malntenance team
Publlc conveniences
Asset malntenance
26,030
343,477
4,969
26,030
343,477
4,969
17S,093
31,118
348,130
175,093
163,269
374,476
175,093
549,569
549,925
Adlyltles and events
Art Exhibitlon
Bandstand
Arts by the Sea
Chri5trna5 Tree Wonderland
KnSfe Crlme Awareness
Ice Rlnk
5,067
150
82,133
212,143
5,368
35,964
13,091
36,862
5,067
Iso
1,705
428
82,133
212,143
5,368
35,964
13,091
36,862
38,673
205,365
33,416
13,497
43,542
Events team
Mini-8olf
390,778
390,778
336,626
8 Other expendttur•
Restrl¢ted Endowment
Totsl
Totsl
2025
2024
Amortisation, depreciation,
impairment. profitlloss on
dlsposal of lixed a55ets
18,868
715,116
733,984
697,038
18,868
715,116
733,984
697,038
Page 17

Lower Central Gardèns Bournemouth
Note5 to the Accounts
9 Net expenditur• b•fore trangters
2025
2024
This Is stated after ¢harging:
Depreclation of owned f5xed assets
733,984
697,038
10 Slaff Costs
No employee received emoluments in exces5 of £60,000.
There were no direct staff c05t5 in the year and that all staff were supplied by BCP Council. The
maintenance staff are employed by the Council rather than directly by the Charlty and only the
proportlon of cost relating to the Lower Garden515 recharged. Thls arrangement Is In place as thls Is
consldered the most tost ellective way for maintenance of the Lower Gardens to be carried out. The
attual cost is based on the tlmesheèts records and estirnates where the timesheets are not available.
11 T•nilbl• flxed assets
Pavlllon
Gardon5
Tot•1
Cost or revaluatlon
At l Aprll 2024
Rtvaluatlon
19,379,000
6,495,404
25,874.404
2.689,200 22,068,2C
11,040,557) 5,454,847
1,648,643 27,523,047
At 31 March 2025
Depredatlon and
Impalrment
Depreciatlon charge for the
vear
Revaluation
At 31 March 2025
715.116
18,868
733,984
1715,1161
118,8681 1733,9841
Net book valuei
At 31 March 2025
At 31 March 2024
25,874,404
19.379,000
1,648,643 27,523,047
2,689,200 22,068.20J
12 St¢¢ks
2025
2024
Goods for resale and ¢onsumables
2,027
2,027
C•rryln8 ￿lue analy5ed by a¢tlvltles
2025
2024
Commerclal operations
2,027
2,027
13 Debtors
2025
2024
Trade debtors
20,116
20.116
36,900
36.900
Page 18

Lower Central Gardens Bournemouth
Notes to the Accounts
14 Qeditors:
amounts falling due within one year
2025
2024
Trade creditors
other Credltors
9,713
10,403
20,116
9,455
27.445
36,900
IS Movem•nt In funds
In¢omlng
fesour¢e5
At31
March
{Includln
At l Aprll
other
2024 ￿InS110S$e$j
Resources
expended
2025
Restrlrted funds:
Endowm•nt funds:
Pavilion
19,379,000
7,210,520
1715.1161 25,874.404
Tgtol
19,379,¢)00
7,210,520
1715,1161 25,874,404
Rutrlrt•d Inmme lund5:
Gardens
2,689,200
1846,5961
1193,9611 1,648,643
Totol
2,689,200
1846,5961
1193,9611 1,648,643
Unrertrfded funds:
General funds
903,546
1901,5191
2.027
Totsl funds
22,068,200
7,267,470
11,810,596) 27.525.074
Purposes and restrl¢tions in relation to the funds..
Endowment fund5'.
Pavlllon
The Pavilltsn became fully owned by the Charity In 2009-10 and was
reflected that year in the accounts as a donatèd asset and the endowment
fund. Thls reserve Is In the natvre of an endowment l.e. It may not be
spent as Incomè nor disposed of.
Re5trlcted funds..
Gardens
The full amount of total valuatlons and the cost of any subsequent routlne
fixed asset addStions is crèditèd tts the restricted Income fund as these
assets can only be used for specific purpose5. Any revaluations or dtsposals
ol a55ets within these sum51s a150 adjusted through the reserve.
Page 19

Lowér Central Gardens Bournemouth
Notes to ihe Accounts
16 Analy515 of nrt •ssets between funds
Unrestrlcted
funds
R•5tr1rted
funds
Total
Fixed assets
27,523,047 27,523,047
2,027
27,523,047 27,525,074
Net current assets
2.027
2,027
17 Related party dls¢lo$ures
2025
2024
Trqnsortlons kvlth relatedportle5
Nome of relotedporty
BCP Council in its role as local authority
Description of relt7tlonship
between the porties
Amount received from the related party
391,178
389.465
Amount owin¥ to the related party
10,403
27,445
The Lower Central Gardens Bournemouth's torporate trustee Includes the charlty in Its consolidated
financial statements. The consolldated financial statements are prepared under Iniernatlonal Flnanclal
Reportlng Standards and are avallable to the publlc at
https'./lwww.bcpcouncll.gov.uVabout-the-council/budgets-and-finan¢e/annual-accounts. Havin8 85ven
re8ard to Publ1¢ Benefit Entltv guldance the corporate trustee considers the Lower Central Garden5
8ournemouth to be a Publlc Benefit Entity.
The Lower Central Garden5 Bournemouth's Corporate tTUStet Includes the charlty In its consolldated
financial statements. The consolldated flnanclal statements are prepared under International Financial
Reportln8 Standards and are avallable to the publ1¢ at
https:l/www.bcpcoun¢ll.8ov.uk/about-the-council/budgets-and-financelannual-accounts. Having 8lven
regard to Publlc 8enefit Entity guidance the corporate trustee conslders the Lower Central Gardens
ournemouth to be a Public Benefit Entlty.
The Councll a¢tlng In Its role as trustee of the ¢harltable trust nomlnate5 certain Members to act as
members of the Trust Board. The Trust Board has a Constltutlon setting out administration and
management arran8ement5 of the trust. The charlty trustee was not pald or reimbursed expenses durlng
the year and dld not receive any emolument or payment for professional or othèr servlce5. There were
no tran5artions involvlng the trustee and related partles and there were no ex-gratla payment5. The
Councll has historically subsldlsed the annual defSclts of the Charlty.
Trustee
Page 20

Lower Central Gardens Boumemouth
Oetalled Statement of Flnanclal Artlvitle5
for the year ended 31 March 2025
Unf•stricted
funds
2025
Restrirted Endowm•nt
fund5
funds Total fund5 Total fund5
2025
2025
2024
2025
Income and endowments from:
Donation5 and legacies
Donated services received from
BCP Council
Donated seivlces received from
BCP Councll
216,085
216,085
226,196
175,093
175,093
163,269
216.08S
175.093
391.178
389,465
Chafltsble actlvltles
Commerclal operations, actlvltles
and events (see below for detalll
520,510
520,510
479,559
S20,510
520,510
479,559
Other trading artivities
Mlni-8olf
Art exhlbitlon
162,304
4,647
166.951
162,304
4,647
166,951
167,043
9,268
176,311
Total Intome and qndowm•nts
903,546
175,093
1,078,639
1,045,335
E¥pÈndlture on:
C05t5 01 other tradlng activltles
Comrnerclal operatlons
127,265
127.26S
127,265
127,265
160.093
160,093
Total of empendlture on r•l$lni
funds
127,265
127,265
160,093
Charitable bctivltles
Malntenante of 8arden5 and
publlc buildln8515ee below for
detalll
Activltles and events (see below
for detalll
374,476
175,093
549,569
549,925
390,778
390,778
336,626
765,254
175,093
940,347
886.551
Governance costs
Audlt fees
9.000
9.000
8,250
8.250
Total of expendiluie on charltable
actlvltles
774,254
175,093
949,347
894.801
General adminlstratlve ¢osts,
Including depreclation and
amortlsatlon
Depreciation of Pavlllon
Depreciation of Gardens
715.116
715,116
18.868
677.771
19,267
18,868
Page 21

Lower Centrnl Gardens 8oumemouth
Detalled Statement of Flnanclal Artlvltles
18,868
18,868
715.116
715,116
733,984
733,984
697,038
697,038
Total of expendlture of other costs
Totsl expendlture
Net galns on Investments
901,519
193,961
715.116
1,810,596
1,751,932
Net expendSture
2,027
118,8681
1715.1161
1731.9571
1706,5971
Net expenditure before other
lainslllossesl
Other Gains
2,027
118,8681
1715,1161
1731,9571
1706,S971
11,021,689)
7,210,520
6,188,831
823,638
N•t movement In lunds
2,027
11,040,557) 6.49S,404
5,456,874
117,041
Reconclllatlon ot funds".
Totsl funds brought forward
2,689.200 19.379,000 22,068,200 21,951.159
Total fund5 r4rrled fofward
2,027
1,648,643
25,874.404 27,525.074 22,068,200
Page 22