BAMPTON PARISH COUNCIL RECREATION GROUND CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 CHARITY NUMBER 304259 Shilton Accounting Servlces l The Clock House Brlze Norron Road Carterton OX18 3HN
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Flnanclal statements for the year ended 31" March 2025 Contents: Page Trustees Annual Report Independent Examinerfs Report Statement of Financlal Activities 5-6 Balance Sheet Notes to the Financial Statement 8-10
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Trustees report for the year ended 31 March 2025 The Trustee5 of the Recreation Ground Charity are also Bampton Parish Councillors. The charity continues to fulfil the obJÈ¢ts of Its deed and Is confident that it will continue to do so for the foreseeable future. The pavillon contlnues to support both sport and soclal activrties. Pembroke Place Play Park, Recreatlon Ground and Sandford Fleld are now vested with the Offlclal Custodian for Charities on behalf of the Bampton Ground Charity. 31Page
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Independent Examlnerfs Report to the Trustees of the Bampton Parish Council - Recreatlon Ground Charfty. I report on the accounts of the Charity for the year ended 31 March 2025. Res ective res onsibilities of trustees and examiner. The charity's trustees are responsible forthe preparation of the accounts. The charity5 trustees consider that an audit is not required for this year under section 43{2} of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to- al examine the accounts (under sectlon 4317llb} of the Att bl to follow the procedures laid down in the general directions given by the Charity Commissloners (under section 43(7}bl of the Act) cl to state whether particular matters have come to my attention. Basis on Inde nd nt Examinerfs re ort. My examinatlon was carried out in accordance with the General Dlrections given by the Charity Commissioners. 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 f rom you as trustees concerning any such matters. The procedures undertaken do not provide all the evldence which would be required in an audit and consequently I do not express an audlt opinion on the accounts. Inde endent Examlner's statement.. In connection with my examination, no matter has come to my attention: l. Which gives me reasonable cause to believe that in any material respect, the requirement5 of al to keep proper accounting records in accordance with section 41 of the 1993 Act and bl to prepare accounts which accord with the accounting records and to comply with the requirements of the Act have not been met. 2. To which. in my opinion, attention should be drawn in orderto enable a proper understandin8 of the accounts to be reached. David Cuthbertson- ICPA Cert Acc (Openl th 19 May 2025 Shilton Accounting Services
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Statement of Flnanclal Actlvltles for the year ended 31" March 2025 PJ4rte5 Unrestrkled fund5 Re5trlrted Endowmont ¢unds 2025 2024 Income Grants & l)onatlons 30.000 37,500 Covld grants Investmerts 7.888 8.571 Income from 5POrtln8 f¥¢llltles 14,562 14.562 7.851 P8vlllon hlre 5,rii 5.771 5,284 nd income Totsl Incom• 58221 221 59306 Expendlture Upkeep of Sports facllltlej 12.l¥J 12.139 10.571 Major refurblshment Salarl*s 12.814 12.814 12.224 Pembroke & Sandford upkaep 7.607 77 3,413 Hard courts & skate park 477 Pwlllon runnlng ¢osts 16.270 16.270 16.841 2,954 Car park malntenance 5,996 Depreciatlot) 5.996 5,996 Le831 fÈes 528 Accountsn¢v 528 170 170 72 Bank thar8es 2.058 Administration & Insurance 2A91 2.491 Total Expendfture ,096 61092 51Page
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY St*ement of Financial Activities for the year ended 31 March 2025 contlnued: Notes Unre5trlrted funds Re5trlrted funds Endowment funds 2025 2024 Net Income & expendlture 2,125 -5,996 -3,871 4,597 Gainsllosses arising on Investments Unrealised 8ain/loss 407 4,987 -5,394 18,547 Reali5ed 8ain5 Total galnsl10$5e5 407 4,987 -5.394 18,547 Net movement In funds 1.718 -5,996 4,987 -9,265 23,144 Funds brought forward 155,916 139,872 323,970 619,758 596,614 Total funds carrled forward 157,634 133,876 318,983 610,493 619.758
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Balance sheet for the year ended 31. March 2025 Note$ Unrestrlcted Restricted End1ment fvnds funds funds 2025 2024 Flxed assets Tanglble assets 92,521 133,876 63,500 289,897 295,893 Current assets Debtors 2,053 2,053 1,730 Investments 23,110 244,340 267.450 272,844 Bank balance 41.773 11,143 52.916 62,699 Total current assets 66,936 255A83 322,419 337.273 Current IlJbllltles 1,823 1,823 13,408 Net current assets 65,113 255,483 320,596 32365 Totsl net assets 157.634 133,876 318,983 610N93 619,758 The Flnanclal Statements were approved by the Board of Trustees on 2025 And slgned on its behalf by 71Pase
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Flnanclal statements for the year ended 31" March 2025 Notes to the accounts l. Accounting Policies.. Ba515 ol Accountln8.' The FSnancial statements have been prepared on a golng concern basi5 undeT the hlstorlc cost conventiorb. The signiflcant accounting policies applied in the preparation of these Financial Statement5 are set out below. These policies have been cunsistently applied to all Yea presented. unless otherwise stated. The Charity applied SORP IFR51021 In the current year. Tangible fixed assets are stated at cost less accumulated depreciation. Depreclatlon 15 provlded at rates calculated to wrlte off the cost of each asset over Its expected useful Ilfe as follows.. Tennis Courts Multi sports arena Equlpment Store shed Pavlllon 5% stralght Ilne 5% Straight line 10% stra5ght line IO% strai8ht line 2% 5tralBht Ilne Investments Investments are recognised initlally at falr value whlch Is normally the transaction price Intludln8 transaction ¢05ts. Subsequently they are measured at falr value or publlcally quoted value, with chan8es recorded as net galns1105ses on Investments In the SOFA. Other Investments are measured at cost less impalrment. Income recognition All In¢ome resour9 are Included in the Statement of Flnanclal Activities when the Charlty Is legal entitled to the Income after any performance condltions have been meL the amount can be measured reliably and It Is probable that the inctsme wlll be received. For donations to be recognlsed the Charlty wlll have been notlfled of the amounts and the settlement date In wrltlng. If there are conditlon5 attached to the donation and thi5 require5 a level of performance before entitlement can be obtained, then Income Is deferred untll those condltions are fully met or the fulfllment of those condltlons Is wlthin the control of the Charlty and It15 probable that they wlll be fulfllled. Exptndltum re¢o8n5tlon All expenditure is a¢¢ounted for on an accruals basls and has been classlfled under headlngs that aggregate all costs related to the category. Expenditure is re¢o8nlsed where there Is a legal or cgnstructive obligatlon to make payment to thlrd partle5, It is probable that the settlement will be requid and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as an expense agalnst the activity for which expendlture arose. Taxatlon The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and Ss considered to pass the test set out Paragraph I, Schedule 6 of the Flnance Act 2010 and therefofe it meets the deflnltlon of a charitable Company for UK corporation tax purposes. Golng concern The Financial Statements have been prepared on z golng concern ba51s as the trurtee5 belleve that no material uncertalntle5 exlst. The trustees have conslder the level of funds held and the experted level of Income and expendlture for the next 12 month5 from authorlsln8 these Flnan¢lal 5tstements and conslder that there 15 sufflclent levels ot reserves for the Charity to be able to continue a5 a 89in8 ¢on¢ern. Fund accountlng Bampton Recreation Ground Charlty has the following type5 of funds for which it15 responslble. Unrestrlrted funds are donations and other incomln8 resources recelvable or generated for the oblectives of the Charlty wlthout further restrictions and are avallable as general funds. RÈstrirted funds are donations or funds received which are earmarked bythe donor for specific purposes and cannot be used for general funds. Any further income from restricted funds invested must also be u5Ed for that purpose. The Endowment fund was set up usin8 proceeds from the sale of part of land left to Bampton In a wlll. Only income derlved from the Investment of the endowmentfuThd may be utilised in furtherance of the Charity- 81Page
BAMPTON PARISH COUNaL- RECREATION GROUND CHARITY Flnancial statements for the year ended 31. Mar¢h 2025 Notes to the accounts contlnued 6rart5 and donatlons. Thls conslsts of Brant made by Bampton Pèrfsh Council Tarylble Flxed •ssets {u5ed for dlrect charftable purposes) Freehold Property Unrestrfcted Freehold Propertv Restritted Endowment Flxture5 Hrtlngs & Equlpment Total Costjvaluatlon At l A rll 2024 Addlttons Dls osals At 31 MRrth 2015 92.521 289,771 63,500 99,699 545,491 92.521 289.771 6Y,SOO 99M9 545N91 De yeclatlon AtIA ril 2024 Charge In the year At 31 March 2025 149,899 5,996 155*5 99.699 249,598 5,996 255,594 Ngt book value At 31 March 2025 At 31 March 2024 92,521 92,S21 133.876 139,872 63,51)0 63,5(JO 289.897 295,893 Imiestments Nomlrol V•1 Market valu• 31103125 MarkÈt valuo 3Vo3 Reallsed Unreallsed 8alnlloss 153Endowmeni COIP Flxed Inte5t 74,325 94,954 93.768 91,398 2,371 COIF Investment 7,728 70.888 150,572 157.930 -7.358 ljnrestrlrted lunds 9.74S 9,498 246 COIF Interest 7.724 9,641 COIF iO,(KQ 13?65 14,018 &3 Investment Total 267A50 Z72 -SB94
BAMPTON PARISH COUNCIL- RECREATION GROUND CHARITY Financial statements for the year ended 31 March 2025 Notes to the accounts contlnued Current Liabilities 2025 2024 Trade creditors Accounting Accrual 1,319 504 703 12,704 Total IA23 13A08 Salaries- Average number of employees during the year was I12023- 11. R•strlct•d funds 0110412024 R•¢•lv•d In y•ar Exp•nd¢d In 3110312025 vear Pavlllon 139072 5.996 133,876 Playpark Mlllennlum Blk• Park, Total 139.872 5,996 133.876 Endowment funds 01104n024 Recelved In year Expended In vear 3V0312025 Investments at market value Propèrtv Pèmbroke Fleld Propertv Bud(land Road Endowment cash at bank 249.327 4,987 244,340 16,000 16,000 47.500 47,%XI 11.143 11.143 Total 323,970 4,987 318,983 Related PartyTransactlon5 During the year the Charity was under the cofttrol of 8ampton Parish Council, the Trustees of the Charity. The Trustee rece5ved no remuneration and had no expenses rèimbursed In the year12024- nonel 101 Page