Galleywood Playing Field Management Committee Clarks Field, Slades Lane, Galleywood, Essex CM2 8RW Galleywood Playing Field Management Committee I'the Trust") Annual Report of the Trustees The work of the Galleywood Playing Field Management Committee in the financial year to 311312025 continued to support the operation and maintenance of the Playing Field and Clubhouse at Slades Lane Galleywood Chelmsford, Essex CM2 8RW. The Playing Field and Clubhouse were utilised by Galleywood Cricket Club, Galleywood Football Club, Galleywood Youth Football Club who were represented on the Trust Committee alongside the three Trustees of the Committee, being the Chair, Secretary and independent Treasurer. The three sports clubs paid a rental to the Trust alongside a Dog Training business which also paid rent to the Trust. The Trust is pursuing a redevelopment of the Clubhouse at Slades Lane and during the financial year a grant of £20,000 was received from Chelmsford City Council toward the cost of the construction work as part of the second stage of the redevelopment plan. In addition, a donation of £15,000 toward the third stage of the redevelopment of the Clubhouse which is held on a separate account to the day to day income and expenditure of the Trust. Total capital and reserves held as at the year end of £21k is in excess of the stated Reserves policy of the Trustees. Looking forward to 2025/26 the main focus of the Trust will be continuing to operate the Playing Field and Clubhouse and on delivering the funding for the redevelopment of the remainder of the Clubhouse redevelopment, which is subject to an application for funding from the Football Foundation being successful. Finally, the uplift in income this year was due to receipt of the Chelmsford City Council Grant £20,000 and Donation of £15,000. As these items were one offs the Trustees and the rest of the Committee are of the view that the accounts do not require the cost and expense of employing an auditor to provide an audit and independent report. The accounts have been prepared by an Independent Treasurer and will be scrutinised by an Independent Third Party. John Gray Secretary & Trustee Galleywood Playing Field Management Committee I" December 2025 An Inspired Facility part of
GMC
FINANCIAL STATEMENTS
PERIOD
April 24-Dec 24
GALLEYWOOD PLAYING FIELD MANAGEMENT COMMITTEE BALANCE SHEET AS AT 31st MARCH 2025
| Current Assets Debtors Cash at bank and in hand Current Liabilities prepaid Rent Creditors and Accruals Net Current Liabilities Total liabilities less curren Capital and Reserves Capital Account B/F Net Profit/(Loss) for the Yea |
19,012 | March 24 18,637 18,637 32,169 (13,532) 18,637 |
46,668 | March 25 - 21,456 |
|---|---|---|---|---|
| 19,012 375 |
46,668 375 24,838 |
|||
| 375 t assets r |
25,213 | |||
| 21,456 | ||||
| 18,637 2,819 |
||||
| 21,456 |
GALLEYWOOD PLAYING FIELD MANAGEMENT COMMITTEE PROFIT AND LOSS ACCOUNT FOR THE YEAR APRIL 24-MARCH 25
| Income Club Rent Received Dog Training Rent Eon Solar Income Compensaton Insurance claim Sundry Income Grant Donation Less: Direct Costs Phone Light and Heat Rates Insurance Security Refuse TV Licence Pest Control Gross Profit Deduct: Additional expeses Equipment Maintenance Entertainment New Building Cleaning Computer NET PROFIT/(LOSS) |
2024 £ 9,000 2,640 75 8,345 20,060 1,103 2,554 1,521 2,893 468 1,922 159 10,620 9,440 13,469 9,448 55 22,972 (13,532) |
2025 £ 9,000 2,640 1,804 126 20,000 15,000 |
|---|---|---|
| 48,570 881 2,939 1,225 2,919 180 2,291 170 54 |
||
| 10,658 | ||
| 37,912 2,348 32,560 185 |
||
| 35,094 | ||
| 2,819 |
Galleywood Playing Field Management Committee Clarks Field, Slades Lane, Galleywood, Essex CM2 8RW Galleywood Playing Field Management Committee I'the Trust") Annual Report of the Trustees The work of the Galleywood Playing Field Management Committee in the financial year to 311312025 continued to support the operation and maintenance of the Playing Field and Clubhouse at Slades Lane Galleywood Chelmsford, Essex CM2 8RW. The Playing Field and Clubhouse were utilised by Galleywood Cricket Club, Galleywood Football Club, Galleywood Youth Football Club who were represented on the Trust Committee alongside the three Trustees of the Committee, being the Chair, Secretary and independent Treasurer. The three sports clubs paid a rental to the Trust alongside a Dog Training business which also paid rent to the Trust. The Trust is pursuing a redevelopment of the Clubhouse at Slades Lane and during the financial year a grant of £20,000 was received from Chelmsford City Council toward the cost of the construction work as part of the second stage of the redevelopment plan. In addition, a donation of £15,000 toward the third stage of the redevelopment of the Clubhouse which is held on a separate account to the day to day income and expenditure of the Trust. Total capital and reserves held as at the year end of £21k is in excess of the stated Reserves policy of the Trustees. Looking forward to 2025/26 the main focus of the Trust will be continuing to operate the Playing Field and Clubhouse and on delivering the funding for the redevelopment of the remainder of the Clubhouse redevelopment, which is subject to an application for funding from the Football Foundation being successful. Finally, the uplift in income this year was due to receipt of the Chelmsford City Council Grant £20,000 and Donation of £15,000. As these items were one offs the Trustees and the rest of the Committee are of the view that the accounts do not require the cost and expense of employing an auditor to provide an audit and independent report. The accounts have been prepared by an Independent Treasurer and will be scrutinised by an Independent Third Party. John Gray Secretary & Trustee Galleywood Playing Field Management Committee I" December 2025 An Inspired Facility part of