SHEDFIELD RECREATION GROUND
Charity Number: 301944
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] March 2025
Upper Church Road, Shedfield, Hampshire SO32 2JB
SHEDFIELD RECREATION GROUND
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2025
GOVERNANCE
Shedfield Recreation Ground Charity was registered in a scheme dates 31[st] October 1891 as amended by an order of 29[th] November 1895
PRINCIPAL ACTIVITY
The charity provides a recreation ground for the benefit of the inhabitants of Shedfield without political religious or other distinction with the object of improving the conditions of life of said inhabitants.
On this recreation ground have been installed a football ground, a cricket pitch, a childrens play area, a petanque court and a BMX track
The charity also owns a pavilion building, which was significantly improved and extended in 2022/23
RESULTS AND REVIEW
No major works have been undertaken in the year.
TRUSTEES’ RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS
Charity law requires the trustees to prepare the financial statements taking a true and fair view of financial activities during each year and of the financial position at the end of each year. Also, the trustees are required to follow best practice, notably The Charities (Accounts and Reports) Regulations 2010 and the Statement of Recommended Practice - Accounting Reporting by Charities. Particular care is needed when:
selecting suitable accounting policies and then applying them consistently;
making judgements and estimates that are reasonable and prudent;
stating whether applicable accounting standards and statements of recommended practice have been followed; and
preparing figures on a going concern basis unless it is inappropriate to assume that the Charity will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity, and which enable them to both ascertain the financial position of the charity and ensure that the financial statements comply with the requirements of the Trust Deed and the Charity Commission. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees have given consideration to the major risks to which the Charity is exposed and are satisfied that there are adequate measures and controls in place to appropriately mitigate those risks.
Signed on behalf of the trustees by
Stuart Dyne, Parish Council Chair
Date
SHEDFIELD RECREATION GROUND
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report on the accounts of the charity for the year ended 31 March 2025 set out below.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charity's trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that that an examination is required under section 145(1) of the Charities Act 2011, and that section 144(1) (audit) of the Charities Act 2011 does not apply to the charity.
It is my responsibility to:
examine the accounting records under section 145 of the Charities Act 2011
follow the procedures laid down by145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
My examination was carried out in accordance with the Charity Commission’s directions. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
No matter has come to my attention in the course of my examination:
which gives me reasonable cause to believe that, in any material respect, the Charity’s trustees have not met the requirements to ensure that -
proper accounting records are kept in accordance with section 130 of the Charities Act 2011; and
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Eleanor Greene ICPA , Do the Numbers Ltd, 37 Upper Brownhill Road, Southampton, SO16 5NG
Date
16[th] July 2025
SHEDFIELD RECREATION GROUND
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 March 2025
| Notes | 2025 | 2024 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Pavilion income | 5,476 | 2,152 | |||
| Rec ground income | 3,043 | 4,783 | |||
| Petanque income | 1,339 | 972 | |||
| Lease rental from PC | 2,720 | 6,683 | |||
| Grant received from PC | 19,680 | 14,254 | |||
| Other grants | 500 | 5,760 | |||
| TOTAL RECEIPTS | 32,758 | 34,604 | |||
| Administration | 3,587 | 4,703 | |||
| Accounts software | 526 | 208 | |||
| Bank Charges | 93 | 92 | |||
| Grounds Mtce | 2,472 | 4,239 | |||
| Dog bin emptying | 1,178 | 833 | |||
| Play equip mtce | 12,766 | 524 | |||
| Staff costs | 2,248 | 1,614 | |||
| Utilities general | 57 | 361 | |||
| Utilities – pavilion | 5,670 | 8,726 | |||
| Rec ground mtce | 6,743 | 1,593 | |||
| Independent examination | 0 | 0 | |||
| Depreciation charge | 2,443 | 3,152 | |||
| TOTAL PAYMENTS | 37,785 | 26,045 | |||
| SURPLUS / (DEFICIT) FOR THE YEAR | (5,027) | 8,559 | |||
| General reserve brought forward | 285,963 | 277,404 | |||
| RESERVES AT END OF YEAR | 280,936 | 285,963 |
SHEDFIELD RECREATION GROUND
BALANCE SHEET AS AT 31 MARCH 2024
| SHEDFIELD RECREATION GROUND BALANCE SHEET AS AT 31 MARCH 2024 |
SHEDFIELD RECREATION GROUND BALANCE SHEET AS AT 31 MARCH 2024 |
||
|---|---|---|---|
| Notes 2025 £ £ FIXED ASSETS 4 Land and Buildings 526,001 Building contents and Community Assets 3,454 Sport and recreation equipment 813 530,268 CURRENT ASSETS Unity Current account 20415918 8,504 Debtors 2,501 VAT recoverable 3,549 14,554 CURRENT LIABILITIES Accruals and sundry creditors 12,246 12,246 NET CURRENT ASSETS 2,308 NET ASSETS 532,576 General fund -167 Capital revaluation fund 532,744 RESERVES AT END OF YEAR 532,577 0 Signed on behalf of the trustee: |
2024 £ £ 526,001 4,521 2,222 532,744 11,616 2,425 2,970 17,010 440 440 16,570 549,314 7,661 541,653 549,314 0 |
||
| 532,576 | 549,314 | ||
| -167 532,744 532,577 0 |
7,661 541,653 |
||
| 549,314 | |||
| 0 |
Stuart Dyne, Parish Council Chair Date
SHEDFIELD RECREATION GROUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets, and in accordance with applicable United Kingdom accounting standards and The requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).
Fixed assets
All fixed assets are initially recorded at cost. Gifted buildings are valued at construction cost to the donor A detailed schedule is held by the administrator.
Freehold land and buildings not depreciated Building contents and Community Assets 20 % reducing balance Sport and recreation equipment 25 % reducing balance
2. EMPLOYEES
The Charity has no employees
3. TRUSTEES
No trustee received any remuneration during the current or previous year.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the current or previous year.
No expenses were reimbursed to any individual trustee during the current or previous year.
| SSETS COST Brought forward at 01.04.24 Revaluaton brought forward Additons Disposals Carried forward as at 31.03.25 DEPRECIATION Brought forward at 01.04.24 Charge for the year Disposals Carried forward as at 31.03.25 NET BOOK VALUE Brought forward at 01.04.24 Carried forward as at 31.03.25 |
£ £ £ 3 11,383 30,015 525,998 0 0 0 0 0 526,001 11,383 30,015 0 6,895 27,793 1,034 1,409 0 0 7,929 29,202 526,001 4,488 2,222 526,001 3,454 813 Land and Buildings Building contents and Community Assets Sport and recreaton equipment |
Total 2024 £ £ 41,401 41,434 525,998 525,998 0 0 0 0 |
|---|---|---|
| 567,399 567,432 |
||
| 34,688 31,536 2,443 3,152 0 0 |
||
| 37,131 34,688 |
||
| 532,711 535,896 |
||
| 530,268 532,744 |
4. FIXED ASSETS
SHEDFIELD RECREATION GROUND EdgeTrial Balance
| EdgeTrial | Balance | |||||
|---|---|---|---|---|---|---|
| 2025 | 2024 | 20 | ||||
| Debit | Credit | Debit | Credit | Debit | ||
| 100 | Cost – Land | 1.00 | 1.00 | 1.00 | ||
| 110 | Cost – Buildings | 2.00 | 2.00 | 1.00 | ||
| 111 | Addn – Buildings | 1.00 | ||||
| 112 | Revaluation – Buildings | 525,998.00 | 525,998.00 | 525,998.00 | ||
| 120 | Cost – Pavilion contents | 7,066.00 | 7,099.00 | 3,370.00 | ||
| 121 | Addn – Pavilion contents | 4,359.00 | ||||
| 122 | Disp – Pavilion contonts | |||||
| 125 | Depn b/fwd – Pavilion contents 25% RB | 3,800.00 | 2,691.00 | |||
| 126 | Depn Year – pavilion contents | 832.00 | 1,109.00 | |||
| 130 | Cost – Gates and Fences | 4,316.83 | 4,316.83 | 4,316.83 | ||
| 131 | Addn – Gates and Fences | |||||
| 135 | Depn b/fwd – Gates and Fences at 20% RB | 3,095.00 | 2,843.00 | |||
| 136 | Denp Year – gates and fences | 202.00 | 252.00 | |||
| 140 | Cost – Playground equipment | 15,021.98 | 15,021.98 | 21,021.98 | ||
| 141 | Addn – playground equipment | |||||
| 142 | Disp – playground equipment | |||||
| 145 | Depn b/fwd – playground equipment 20% RB | 11,063.00 | 10,329.00 | |||
| 146 | Depn Year – playground equipment | 587.00 | 734.00 | |||
| 150 | Cost – sports equip | 3,748.10 | 3,748.10 | 13,416.64 | ||
| 151 | Addn – sports equip | |||||
| 152 | Disp – sports equipment | |||||
| 155 | Depn b/fwd – sports equip 25% RB | 7,844.00 | 7,377.00 | |||
| 156 | Deopn year – sports equip | 350.00 | 467.00 | |||
| 160 | Cost – Petanque terrain | 11,245.00 | 11,245.00 | 11,245.00 | ||
| 161 | Addn – Petanque terrain | |||||
| 165 | depn b/fwd – Petanque terrain 20% RB | 8,886.00 | 8,296.00 | |||
| 166 | depn year – Petanque terrain | 472.00 | 590.00 | |||
| 1200 | Unity Current account 20415918 | 8,503.77 | 11,615.61 | 3,419.05 | ||
| 1300 | Debtors | 2,500.99 | 2,424.50 | 2,135.00 | ||
| 1500 | VAT recoverable | 3,549.49 | 2,970.13 | 495.00 | ||
| 2210 | Creditors | 12,246.00 | 440.00 | |||
| 3100 | CAPEX reserve | 532,743.91 | 535,895.91 | |||
| 3200 | General fund | 4,859.08 | 4,859.45 | |||
| 401 | Pavilion income | 5,476.22 | 2,151.79 | |||
| 402 | Rec ground income | 3,042.94 | 4,783.00 | |||
| 403 | Petanque income | 1,338.83 | 971.61 | |||
| 404 | Lease rental from PC | 2,719.96 | 6,683.12 | |||
| 405 | Grant received from PC | 19,680.00 | 14,254.00 | |||
| 406 | Other grants | 500.00 | 5,760.00 | |||
| 4000 | Administration | 3,587.19 | 4,702.56 | 1,272.35 | ||
| 4001 | Accounts software | 525.64 | 207.50 | |||
| 4002 | Bank Charges | 93.45 | 92.10 | 79.17 | ||
| 4003 | Grounds Mtce | 2,472.41 | 4,238.55 | |||
| 4004 | Dog bin emptying | 1,178.10 | 833.44 | |||
| 4005 | Keys and locks | |||||
| 4006 | Play equip mtce | 12,766.31 | 524.44 | |||
| 4007 | Staff costs | 2,247.60 | 1,614.00 | |||
| 4008 | Utilities general | 57.37 | 361.25 | 374.74 | ||
| 4009 | Utilities – pavilion | 5,670.24 | 8,725.66 | 3,117.93 | ||
| 4010 | Rec ground mtce | 6,743.47 | 1,593.23 | 4,561.57 | ||
| 4500 | Independent examination | |||||
| 4900 | Depreciation charge | 2,443.00 | 3,152.00 | -3,422.00 | ||
| 619,737.94 | 619,737.94 | 610,486.88 | 610,486.88 | 595,763.26 | ||
| TB Balance | .00 | .00 | .00 | |||
| Annual surplus | -5,026.83 | 8,558.79 | ||||
| Opening reserves total | 537,602.99 | 540,755.36 | ||||
| 532,576.16 | 549,314.15 |
| 23 | 2022 | 2022 | 2021 | 2021 | 2020 | 2020 | 2019 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Credit | Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit |
| 1.00 | 1.00 | 1.00 | 1.00 | |||||
| 1.00 | 1.00 | 1.00 | 1.00 | |||||
| 248,229.00 | 248,229.00 | 248,229.00 | 248,229.00 | |||||
| 3,370.00 | ||||||||
| .00 | 3,370.00 | |||||||
| 630.00 | ||||||||
| 1,488.00 | 850.00 | |||||||
| 1,203.00 | 638.00 | 850.00 | ||||||
| 3,827.83 | 3,827.83 | 3,615.00 | 3,615.00 | |||||
| 489.00 | ||||||||
| 2,528.00 | 2,134.00 | 1,764.00 | 1,301.00 | 723.00 | ||||
| 315.00 | 394.00 | 370.00 | 463.00 | 578.00 | ||||
| 21,021.98 | 21,021.98 | 20,000.00 | 20,000.00 | |||||
| 6,000.00 | ||||||||
| 13,446.00 | 11,808.00 | 9,760.00 | 7,200.00 | 4,000.00 | ||||
| -3,117.00 | 1,638.00 | 2,048.00 | 2,560.00 | 3,200.00 | ||||
| 13,416.54 | 13,416.54 | 9,668.54 | 9,668.54 | |||||
| 9,668.54 | ||||||||
| 9,937.00 | 8,777.00 | 7,230.00 | 5,167.00 | 2,417.00 | ||||
| -2,560.00 | 1,160.00 | 1,547.00 | 2,063.00 | 2,750.00 | ||||
| 11,245.00 | 11,245.00 | 11,750.00 | 11,750.00 | |||||
| 7,559.00 | 6,638.00 | 5,487.00 | 4,048.00 | 2,249.00 | ||||
| 737.00 | 921.00 | 1,151.00 | 1,439.00 | 1,799.00 | ||||
| 654.41 | 210.09 | 1,100.26 | ||||||
| 1,245.00 | ||||||||
| 663.05 | 434.33 | 376.12 | ||||||
| 1,189.60 | 770.00 | 768.89 | 1,610.56 | |||||
| 532,473.91 | 271,394.45 | 276,872.45 | 275,548.54 | 283,875.54 | ||||
| 1,792.46 | 124.57 | 134.18 | 1,245.64 | .00 | 2,743.76 | |||
| 125.00 | 3,517.57 | 1,501.50 | 2,937.00 | 2,727.84 | ||||
| 3,110.48 | ||||||||
| 7.54 | 7.71 | |||||||
| 2,250.00 | 4,500.00 | 4,500.00 | 4,500.00 | |||||
| 7,253.60 | 4,983.00 | 9,218.00 | 8,500.00 | 2,000.00 | ||||
| 1,983.67 | ||||||||
| 2,421.20 | 3,179.10 | 3,122.00 | 3,101.00 | |||||
| 18.00 | ||||||||
| 89.77 | 295.20 | 438.36 | 250.00 | |||||
| 99.96 | 27.08 | |||||||
| 181.25 | 485.66 | 1,092.48 | 637.82 | |||||
| 384.48 | 799.78 | 938.52 | 938.72 | |||||
| 447.98 | 421.17 | 348.40 | 296.14 | |||||
| 724.46 | 2,473.10 | 2,017.66 | 1,961.09 | |||||
| 4,584.50 | 7,555.88 | 6,757.70 | 4,767.46 | |||||
| 4,751.00 | 5,967.00 | 6,525.00 | 8,327.00 | |||||
| 595,763.26 | 317,873.02 | 317,873.02 | 323,067.84 | 323,067.84 | 317,344.64 | 317,344.64 | 313,570.85 | 313,570.85 |
| .00 | .00 | .00 | .00 | |||||
| 6,488.99 | -2,834.07 | -5,957.39 | -5,413.54 | -11,070.76 | ||||
| 534,266.37 | 271,394.45 | 276,872.45 | 275,548.54 | 286,619.30 | ||||
| 540,755.36 | 268,560.38 | 270,915.06 | 270,135.00 | 275,548.54 |
| 2018 | 2018 |
|---|---|
| Debit | Credit |
| 1.00 | |
| 1.00 | |
| 248,229.00 | |
| 3,615.00 | |
| 723.00 | |
| 20,000.00 | |
| 4,000.00 | |
| 9,668.54 | |
| 2,417.00 | |
| 11,750.00 | |
| 2,249.00 | |
| 1,570.06 | |
| 690.63 | |
| 752.57 | |
| 293,264.54 | |
| 2,226.92 | |
| 3,246.00 | |
| 6.30 | |
| 4,500.00 | |
| 12,445.70 | |
| 3,125.50 | |
| 275.00 | |
| 1,022.01 | |
| 4,674.07 | |
| 640.62 | |
| 262.82 | |
| 1,212.47 | |
| 9,704.31 | |
| 9,389.00 | |
| 325,831.03 | 325,831.03 |
| .00 | |
| -10,107.80 | |
| 295,491.46 | |
| 285,383.66 |
Shedfield Recreation Ground Fixed Asset Register
| Asset Category Freehold Land Freehold buildings Freehold buildings Freehold land & buildings Pavilion contents Pavilion contents Pavilion contents Pavilion contents Community Assets Community Assets Community Assets Playground equipment Playground equipment Playground equipment Playground equipment Playground equipment Playground equipment Playground equipment Playground equipment Sports Equipment Sports Equipment Sports Equipment Sports Equipment Sports Equipment Play surfaces Play surfaces |
Desc Cost Revaluaton Current NBV Recreaton ground 1896 1 0 1 Recreaton ground pavilion 1990 1 248,229 248,230 Pavilion extension 2023 1 277,769 277,770 Purchase date Total Dep'n to date |
|---|---|
| 0% depn 3 525,998 0 526,001 |
|
| 0 0 White goods 2021 2,740 2,083 657 White goods 2020 630 630 0 TV and more white goods 2023 4,359 2,520 1,839 |
|
| 25% RB 7,729 0 5,232 2,497 |
|
| 0 0 Gates and fences 2018 3,615 3,009 606 Gates and fences 2022 489 289 200 |
|
| 20 % RB 4,104 2,843 1,261 |
|
| 0 0 Slide at playground 20.06.06 2,000 0 1,664 336 Playdale unit 20.06.06 10,462 8,707 1,755 Playdale unit 20.06.06 6,000 Play panel 31.07.17 341 compass play panel 31.07.17 341 noughts and crosses 31.07.17 341 284 57 climb kit 31.07.17 516 429 87 |
|
| 20% RB 20,000 16,330 3,670 |
|
| 0 0 Goal posts 8 foot 11.10.19 1,943 1,683 259 Goal posts 7 foot 11.10.19 1,806 1,565 241 Artificial Cricket strip 20.03.14 5,495 4,945 550 Goal posts 20.03.14 4,173 4,173 0 |
|
| 25% RB 13,416 11,548 1,868 |
|
| 0 0 Petanque terrain 2016 11,245 9,358 1,887 0 0 |
|
| 20% RB 11,245 8,297 2,948 |
|
| 56,497 525,998 44,251 538,244 |
| Addns Revalue Disp 1 248,230 1 0 Charge for year NBV at 31.03.22 |
Addns Revalue Disp 277,769 Charge for year |
|
|---|---|---|
| 0 0 0 0 248,232 0 277,769 0 0 |
||
| 0 520 1,558 118 354 0 0 |
390 630 -276 4,359 1,090 |
|
| 0 0 0 638 1,912 4,359 0 630 1,203 |
||
| 0 296 1,185 489 98 391 0 |
237 78 |
|
| 489 0 0 394 1,576 0 0 0 315 |
||
| 0 164 655 857 3,428 492 1,966 28 112 28 112 28 112 42 169 |
131 686 6,000 -4,034 22 22 22 34 |
|
| 0 0 1,638 6,554 0 6,000 -3,117 |
||
| 0 205 615 190 571 435 1,304 330 990 |
154 143 326 4,173 -3,183 |
|
| 0 0 1,160 3,480 0 4,173 -2,560 |
||
| 0 921 3,685 0 |
737 | |
| 0 0 0 921 3,685 0 0 0 737 |
||
| 0 | ||
| 489 0 0 4,751 265,439 4,359 277,769 10,803 -3,422 |
||
| #REF! |
| 1 248,230 277,770 0 NBV at 31.03.23 |
Addns Revalue Disp 1 248,230 277,770 0 Charge for year NBV at 31.03.24 |
Addns Revalue Disp |
|---|---|---|
| 526,001 0 0 0 0 526,001 0 0 0 |
||
| 0 1,169 0 3,269 0 |
0 292 876 0 817 2,452 0 |
|
| 4,438 0 0 0 1,109 3,329 0 0 0 |
||
| 0 948 313 0 |
0 190 758 63 250 0 |
|
| 1,261 0 0 0 252 1,008 0 0 0 |
||
| 0 524 2,742 0 89 89 89 135 |
0 105 419 548 2,194 0 0 18 71 18 71 18 71 27 108 |
|
| 3,670 0 0 0 734 2,936 0 0 0 |
||
| 0 461 429 978 0 |
0 115 346 107 321 244 733 0 0 |
|
| 1,868 0 0 0 467 1,401 0 0 0 |
||
| 0 2,948 0 |
0 590 2,358 0 |
|
| 2,948 0 0 0 590 2,358 0 0 0 |
||
| 0 | 0 | |
| 540,185 0 0 0 3,152 537,033 0 0 0 |
||
| #REF! | #REF! |
| Charge for | NBV at |
|---|---|
| year | 31.03.25 |
| 1 | |
| 248,230 | |
| 277,770 | |
| 0 | |
| 0 | 526,001 |
| 0 | |
| 219 | 657 |
| 0 | |
| 613 | 1,839 |
| 0 | |
| 832 | 2,497 |
| 0 | |
| 152 | 606 |
| 50 | 200 |
| 0 | |
| 202 | 807 |
| 0 | |
| 84 | 336 |
| 439 | 1,755 |
| 0 | 0 |
| 14 | 57 |
| 14 | 57 |
| 14 | 57 |
| 22 | 87 |
| 587 | 2,349 |
| 0 | |
| 86 | 259 |
| 80 | 241 |
| 183 | 550 |
| 0 | 0 |
| 350 | 1,051 |
| 0 | |
| 472 | 1,887 |
| 0 | |
| 472 | 1,887 |
| 0 | |
| 2,443 | 534,591 |