## **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|
#REF!