Charity registralion no: 303949 FILB Y PLAYING HELD ACCOUNTS FOR THE YEAR ENDED 31 OECEMBER 2025 FILBY PLAYING FIELD Contents Page no Charity information Trustees report Inde￿ndent examiners, retKsrt Balance sheet Slalemenl ol financial activities Notes to the accounts 8-12 Charlty Infomwtlon Charity registration no.. 303949 Location ol principal aclivty:_ Filby Village Hall Main Road Filby Great Yarmouth NR29 3HN Tru8lee8 Mr A Thompson- Chair Mrs J 8aldry- SKrolary Mrs P Harrison- Health arKI Salety ON￿er Mrs J Thompson Mr J 8aldry Mr J Gaze Mr P Sessions Mr E Frankin Mr R Slanlon Mrs D Moore Mrs S Smith lappoinled 17 March 20251 Mr S Ledgerwood lappointed 17 March 20251 Ms A Rownlree- Vice Chair Mr R Morris- Treasurer Mr D Nicker Mr D Haryo Mr S Elderkin Ms S Webb Mrs J Franklin Ms L Chapman Mrs K Leftley AArs G Waller lappointed 17 March 20251 Mrs L Averre lappointed 8 Oclob8r 20251 Accountants Slephgnson Smart Queens Head House The Street Acle Norwich NR13 3DY Bankers Lloyds TSB Bank PIC 44 Markel Place Great Yarmouth NR30 1 PA FILBY PLAYING FIELD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2025 The Trustees submrt their annual rew)rt and the linancial statements lor the year ermled 31 December 2025. These financial slalemenls have been prepared in comrAiance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Repllbl￿ ol Ireland., the Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Flepublic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. The charity has applied Update Bulletin 1 as published on 2 February 2016 and Update Bulletin 2 published on 5 October 2018. The financial statements have been prepared to give a Irue and lairf view and have departed from the Charities (Accounts and Reports) Regulalions 2008 only to rhe extent required to provide a 'true and lair view,. This departure has involved following the Accounling and Reporting by Charities.. Statement ol Recommended Practice appliCa￿e lo charities prepariThJ their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (second edition elleclive 1 January 20191 issued in October 2019 rathgr than Ihe Accounting and Reporting by Charities.. Statement of Remmmended Pra¢li¢e effective from 1 April 2005 which has Sin￿ been withdrawn. Oblecllves and actlvltles Objectives and aims Th& obj¢cliv¢$ ol the Charity ar¢ to provide a playing field lor Ihg inhakntant$ ol the parish ol Filby and 11$ immediate vicinity. The reeenlly built village hall and clubroom, which are also on the sile, are available lor use by local groups and individuals. Swnilicant activities Hirers continue to provide various keep-fit aclivilies on a weekly basis and several special inleresl group5 use the facilities on a weekly. lortnightly, or monthly basis. These include theatrical, computing, craft, and gardening groups. There are also monthly bingo sessions but. due lo Ihe lack ol a suilable volunteer, we no longer hold regular film showings. publ￿ benelit The Truslges have had due regard lo guidance issued by the Charity Commission in rosixct of public benefit and are satisfied Ihal the charity meels Ihe requiremenls sel oul. Volunteers In addition lo the efforts ol the Trustees. a number ol local reS￿lents have willingly given their supporl lo the Charily, lor which Ihe Truslees are exlremely grateful. FILB Y PLAYING FIELD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2025 Flnanclal revlew Financial statements The Balance Sheet and Statement ot Financial Activities are set out on pages 6 and 7 01 the financial statements. Resutt for th8 year Our total income was £39,830 which is £12.320 down on the arnount of £52,150 in the previous year. Whilst income Irom our regular users has remained consistent. we have seen a reduction in the occasional hirers lor parties elc. The allendance al Ihe annual fireworks display was signilicanlly lower than usual and il would seem that we arg leeling the effects ol Ihe currenl economic u￿ertainty. Our total costs were £59,451, being E7,433 less than the amount 01 £66,884 last year which included a loss of £8.45S on the disposal ol the zip wire ride. We have vèry little scope lo rèduce our costs bul th8re was a saving ITOM the renegolialion ol our gas contract. We also ho￿ lo make a saving on the cost ol water next year as we have recently discovered that there is a leak. The result for the year was nel outgoing resources 01 £19.62112024 £14.7341. Financlalposition The charity has lolal funds of £653.42312024 £673.0441. In 2024, £473,600 01 our funds were reslricled as they related lo conditional grants Irom Ihe National Lottery Community Fund towards the conslruclion ol Ihg Village Hall in 2014. As securily. Ihe National Lottery Community Fund had a charge over our property. All the conditions have now been met, and the charge has been released. The lolal funds ol £653,423 are now unreslricled. Although there was a loss of £19,621, Ihis is after charging depreciation of £20,330 and there was only a small reduction in our bank balance. The Trustees are salislied that there ar? adequate liquid resources available. Reserves poI￿Y The Trustees aim lo keep reserves ol a minimum ol six months, expenditure lo meet the day lo day running expenses DI the Charity. Further sums are Ihen retained to build up reserves in order to be able to cover the periodie cost ol major work on the maintenance and improvement ol the buildings. They are satisfied that the charity has adequate funds tor ils current needs. Donat￿nS received The Trustees are very gratelul to those who have generousty donated their time, surplus goods and funds during the year. Plans lor future periods We are continuing to consider our environmental impacl and further facilities which can be offered. Changes in Trustees Changes in Trustees are as lollows=_ Mrs S Smith was appointed a Trustee on 17 March 2025. Mrs G Waller was appointed a Truslee on 17 March 2025. Mr S Ledgetwood was appointed a Trustee on 17 March 2025. Mrs L Averre was appointed a Trustee on 8 Oclober 2025. FILB Y PLAYING FIELD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2025 Stwcture, governance and management Governing document The Charity was entèred on the Register of Charr(ies on 21 May 1963. The original governing document is a conveyance dated 24 January 1955. The constttulion has bèen periodicalty u￿ated since, with the most recent occasion being on 6 March 2009. The Charity is unincorporated and is administered by a board ol Trustees. the current mernbership ol which is set out on page 1. The Trustees have adopted written policies dealing with matters which they consider relevant lo the Charity. There are lull Trustee meetings quarterly. The daY-l￿daY running is dealt with by individual Trustees. depending upon the nature ol Ihe matter. and they will consull with fellow Trustees where relevant. R8cruilmenl. appoinlmeni and training ol Truste&s Trustees shall be persons who through resmjence, occupation, employment or othe￿ise have special knowledge ol the area ol benelil or who are olheThYise able, by virtue ol their personal or professional qualilicalions. lo make a conlribulion to Ihe pursuil ol the objects or management ol the Charity- Induction and trainin9 01 Trustees New Trustees are offered the OFPOrtunty ol being mentored by a senior Trustee lor an inrtial period and are provided with cop￿$ of:. The Charity s governing documenlab'on and policies The latest accounts Details ol Charity Commission guhlance notes CC3-"The Essential Trusle8' In addrtion, Iruslees are encouraged lo read Charity Commission and olhei newsletters and lo mainlaln awareness ol their duties and responsibililies. Risk man¢9gemenl The Trustees acknowledge the Charity Commission's recommendations that they undertake a review ol the major risks lo which the Charity is exp)sed. This is carried out on an ongoing basis. This report was approved by Ihe board on 3 Marth 2026. Mr H Morris Trustee INDEPENDETr￿ EXAMINERS. REPORT TO THE TRUSTEES OF FILBY PLAYING FIELD We report to the charity trustee5 on our examination ol the accounts of the charity lor the year ended 31 December 2025 which are set out on pages 6 10 12. Responslbililles and basls ol roport As the charity's trustees you are respMJnsible tor the preparation ol the accounts in accordance with the requirements ot the Charities Act 2011 I'the Act'i. We report in respect ol our examination ol the charity's accounts carried out under section 145 01 the A¢1 and in carrying OLJt our examination we have lollowed ail the applicable Directions given by the Charity Commission under section 14515llbl ol the Act. Independent examlners, 8tatement We have completed our examination. We confirm Ihal no malerial matters have come lo our attention in connection with the examination giving us cause to believe that in any material respect.. accounting r￿ordS were not kepl in respect of Ihe charity as required by seclion 130 01 the Act.. or the accounts do not accord with those records.. or the accounts do not comply with Ihe applicable requirements conceming the form and content ol accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and lair view. which is not a matter considerèd as part ol an indepèndènt examination. We have no concerns and have come across ￿ olher matters in connection wrth the examination lo which attention should be drawn in this report in order to enable a proper understanding ol the accounts to be reached except your attention is drawn lo the lact thal the Charity has prepared Ihe accounts Ilinancial slalem8nlsl in aecordance with Accounting and Reporting by Charitiès.. Sialèmenl ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicablg in the UK and Republic ol Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Statement ol Recommended Practice issued on 1 April 2005 which is relgrrgd lo in the exlanl regulations but has since been withdrawn. We understand that this has been done in order lor the accounts lo provide a true and lair vlew in accordance wilh the Generally Accepted Accounting Praclicg effeclivg lor reporting periods beginning on or alter 1 January 2015. Stephenson Smart Queens Head House The Street Acle Norwlch NR13 3DY Date: 3 March 2026 FILB Y PLAYING FIELD BALANCE SHEET 31 DECEMBER 2025 Note 2025 2024 FIXED ASSETS Freehokl property lal book value) Equipment lal book value) Plant lal book value) 542,583 17,740 9,489 556,691 23,145 10.306 569,812 590,142 CURRENT ASSETS Debtors and prepayments Balances at bank Current - Deposit 6,132 23,450 102.232 45,018 81.957 130,730 133.107 LESS CURRENT LIABILITIES Credltors- amounts falllng du8 wlthln on• yoor 4.879 6,909 NET CURRENT ASSETS 125,851 695,663 126 198 716.340 Credltors- amount$ falllng due after one year Deferred incom8 42,240 £653,423 £673 044 FUNDS Balance 1 January 2025 Surplus I (Delicill lor the year Release ol restricted funds 199,444 119,6211 473,600 653,423 214,178 114,7341 199.444 Restricted funds 473,600 £653,423 £673 (M4 Approved by the Board ol Trustees on 3 March 2026 and s￿ned on ils behalf by Mr A D Thompson Trustee FILB Y PLAYING FIELD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted general fund Restricted fund 2025 totsl funds 2024 total funds Income from- Donations and Legaues Donations Charilable Activit￿$ Hire income Other Trading Acb"vib"es Event income Bonus ball Bingo Bric-a-brac sales Film club Investments Interest Other Recycling Sundry Dglerred income Total 760 17.473 17,473 20,050 10.646 468 1,585 835 10,646 468 1,585 835 16.597 719 2.420 1.470 227 4.192 4,192 3,787 2.865 710 1.056 39.830 2,865 710 1,056 39,830 4,504 560 1.056 52.150 Income lolalled £52,150 in 2024 and was all unrestricted. Expendlture on: Raising Funds Event expenses Hire expenses Broadband Insurance Depreciation ol freehold proFerty Dgprecialion ol equipmenl Depreciation ol plant Charitable Aclivifies Adrninislralion and general Accountancy Total 7,160 23.316 680 5,392 14.108 5.405 817 7,160 23,316 680 5,392 14,108 5,405 817 7,121 22,669 649 4,550 14,108 14.444 879 1.903 670 59,451 1,903 670 59,451 1.834 630 66,884 Expenditure lotalled £66,884 in 2024 a￿1 was all unreslricled. Nel Incomlngl{outgolngl resources for Ihe year 119.6211 119,6211 114,7341 Fund balance brought toThvard 1 January 2025 199,444 473,600 673,044 687,778 Release of restricted lunds 473.600 1473,6001 Fund balance carried forward 31 December 2025 653.423 653,423 673.044 FILB Y PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 1. Accounting policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year. lal Basis ol AccountiNJ The principal accounting policies adopted, judgements and key sources ol eslimalion uncertainly in the preparation ol the financial siatemenis are as follows.. Basis ol pieparalion.. These financial slalemenls have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicatye in the UK and the Republic ol Ireland,, the Slalemenl ol RecDmrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 Icharilias SORP IFRS 10211 and Ihe Charities Act 2011. The charity has applied Update Bulletin 1 as published on 2 February 2016 and Upjale Bulletin 2 published on 5 October 2018. The financial slalemenls have been prepared lo give a'lrue and lair. view and have departed from the Charili8s IAccounls and Reports) Regulations 2008 only lo the exlenl required lo provide a 'Irue and lair view.. This departure has involved lollowing the Accounting and RepL)rting by Charities.. Slalemenl ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 Isgcond edilion effective 1 January 20191 issued in October 2019 rather than the Accounting and Reporting by Charities.. Skiemenl ol R8￿mmerKI0d Practice etteclive from 1 April 2005 which has since been withdrawn. The Charity conslilules a public bgnelil entity as delined by FRS 102. Ibl Fund accounting Unreslricled lunds are available lor use al the dIs￿ellOn ol the Iruslees in lurtherance ol the general objectives ol th8 Charity. Restricted funds are subjecled lo reslridions on thoir ¢xp9nditure imp)sed by Ihg donor or through the lerms ol an aFPgal. Icl Income All income is accounted lor on a receivable basis. {dJ Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Gharitable activities cornprise those cosis incurred by Ihe Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated irectly to such aclivrties and those costs ol an Ir￿ireCt nature necessary lo support them. FILB Y PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles {contlnued) (e) Tangible fixed assets Fixed assets are initially recorded at cost. Depreciation is provided on the cost ol tangible fixed assets, lo write down lo their eslimaled residual values over Iheir expected useful lives. The principal annual rates used lor the assets are:_ Freehold property Freehold property -thatched roof Equipment and plant - lixlures a￿1 fittings Equipmgnl and plant- playing field equipment Equipment and plant- solar panels straight line 8% slraighl line 150k reducing balance 150A slrai9hl line 4V/* slrai9hl line (l) Cash al bank Cash al bank includes cash atxl a short lem) highly liquKI deposit account. (g) Debtors Trade and other debtors are iecognised al the sett￿ment amount due. {hJ Creditors Creditors wilh no staled inleresl and payable wilhin one year are recorded al Iran5a¢lion price. (i) Going concern The financial slalemenls have been prepared on a going concern basis as the Truslggs believg that no material uncertainlies exist. 2. Net Incomlng resources Nel incoming resources are arrived al after charging:. 2025 2024 Independent examiner's remuneration 670 630 3. Flxed assets Freehokl Flxtures. flttlng$ and equipm8nl propgrty Planl Net book value 1 January 2025 556.690 23.145 10,306 Additions Disposals Depreciation lor year 14,108 817 Net book value 31 December 2025 £542,582 £17,740 £9,489 FILB Y PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Deferred Income The deferred income represents Big Lottery Fund Grants re￿iVed relating lo the conslruclion of the new hall and is written off over the same period as the building is depreciated. Amount brought forward Less." written oll in year Amount carried forward £43,296 1,056 £42.240 Restricted funds The income funds ol the Charity incIL￿8 restricted luThJs comprising the following unexpended balances ol grants held on trust to be applied lor sp&cilic purposes-. Balancg 31 DKember 2024 Tr•nsfer lo general funds Balance 31 December 2025 Big Lottery Fund Grant £473 600 £473 600 The Ireehold property was Ihe subject ol a legal charge in lavour o18ig Lollery Fund. The charge was lor a period 0120 years and commenced in 2014. Howevei. this charge was reduced lo 10 years during late 2024. The charge secured repayment ol Big Lottery Fund Grants lo a maximum value of £473,600 in the event ol breaches ol the grant conditions within the 20-year period. The funds are therefore no k)nger reslricled and have been transferred lo Ihe unreslri¢led fund. Fundg Analysls of charllable funds Bèlance at 1 January 2025 Release of reslrlcted funds Balance at 31 December 2025 Ineome Expendlture R¢slri¢led funds 473,600 1473,6(K)I Unrestricted funds 199,444 39.830 473.600 59,451 653,423 £674,044 £39.830 £59 451 £653,423 Balance al 1 January 2024 B8lanco at 31 December 2024 Income Expendllure Reslricleé funds Unreslricted funds 473,600 214,178 473,600 199,444 52.150 66,884 £687,778 £52.150 £66,884 £673,044 10 FILBY PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 6.2 Analysis of net assets between funds Unrestrlcted lunds 2025 Restrlcted lunds 2025 Total fund8 2025 Tangible fixed assets Net currenl assets and lono-term 53.972 515.840 569,812 125.851 42,240 83,611 £179.823 £473,600 £653,423 Unrostrided funds 2024 Restri￿9d funds 2024 Total funds 2024 Tangible lixed assets Nel current assets and long-lem 73.246 516,896 590,142 126.198 43,296 82,902 £199.444 £473,600 £673,044 Trusteè rèmuneratlon and expensès No remuneration or other tenelrts was pa￿ lo any of the Trustees and no Trustees received expenses during the year. Relaled party tran￿¢tIonS Filby Parish Council Mr A Thompson is Chair ol the Parish Council. Mr D Nicker and Mrs K Leftey are members. The following Iransaclions look place during Ihe year. Parish Council meetings were held in the Clubroom lor which the lolal amount receivable was £220 12024.. £2601. The amount owed by Filby Parish Council al 31 December 2025 was £18012024.. £2201. No other transactions took place during the year to 31 December 2025. During the year ending 31 December 2024. the Charity haij difficutly getting suitable insurance cover lor the zip wire playground apparatus. 11 was sold io Filby Parish Council (whose policy will cover ill lor a nominal sum 01 £1 so that the lacility could continue lo be available. Filby Post Office Mr A Thompson and Mrs J Thompson are partners in Filby Post Offlce. During the year. Ihg Charity purchased sundry items. al opgn mat*el value, amounting to £235 12024.. £1401 from Filby Posl Office. At 31 December 2025 the Charity owed £Nil12024'. £Nill to Filby Post Offi￿. FILBY PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Filby Post Office provided swnsorship lor various events during 2025 and 2024 al no cost lo the Charity. MrA Thompson Mr A Thompson provKled spons¢yship lor various events during 2025 and 2024 al no cost lo the Charity. Mrs J Thompson Mrs J Thompson operates a shop selling thsnaled goods lo raise funds lor charities and other good causes in Ihe local area. Nolhing was received this year12024.' £450 was received). Ms S Webb Ms S Wetts provided cleaning services, al open market value, amounting lo £1,14012024: £1,028) during the year. Al 31 December 2025 £84 was owed lo Ms S Webb12024: £721. 12