Page 1
WIVELISCOMBE WAR MEMORIAL RECREATION GROUND
Income and Expenditure Account for the year ended 31 December 2024
| INCOME Grants and Donations Rents Fundraising Interest EXPENDITURE Insurances 2,562.46 Repairs and maintenance 10,877.12 Rates 104.79 Refuse disposal 1,215.08 Legal & Professional 1,506.00 Miscellaneous 2,125.32 Depreciation 11,813.00 SURPLUS / (DEFICIT) FOR THE YEAR Transfer to/(from) managed funds Unrestricted funds brought forward UNRESTRICTED FUNDS CARRIED FORWARD |
2024 2023 £ £ 60,570.05 36,094.89 2,253.83 1,618.80 4,771.00 3,586.39 1,007.11 287.38 68,601.99 41,587.46 2,291.61 21,195.14 107.52 1,665.45 - 35.00 9,088.00 30,203.77 34,382.72 38,398.22 7,204.74 15,758.63 (6,669.09) 240,832.77 240,297.12 294,989.62 240,832.77 |
|---|---|
Page 2
WIVELISCOMBE WAR MEMORIAL RECREATION GROUND
| £ £ £ FIXED ASSETS Recreation Ground - Play equipment 65,395.81 Skate Park 141,018.26 Changing Rooms 50,078.04 256,492.11 CURRENT ASSETS Debtors (VAT) 1,399.21 - COIF Charities deposit fund 4,829.81 4,829.81 Managed accounts 32,087.98 47,846.61 Cash in Bank 32,598.49 36,148.66 70,915.49 88,825.08 CURRENT LIABILITIES Management Committee fund (32,087.98) (47,846.61) Creditors (330.00) (330.00) NET CURRENT ASSETS/(LIABILITIES) 38,497.51 TOTAL NET ASSETS 294,989.62 Represented by:- UNRESTRICTED RESERVES Surplus carried forward 294,989.62 Balance Sheet as at the 31 December 2024 2024 |
£ - - 147,420.26 52,764.04 200,184.30 40,648.47 240,832.77 240,832.77 2023 |
£ - - 147,420.26 52,764.04 200,184.30 40,648.47 240,832.77 240,832.77 2023 |
|---|---|---|
| 200,184.30 40,648.47 |
||
| 240,832.77 | ||
| 240,832.77 |
Page 3
WIVELISCOMBE WAR MEMORIAL RECREATION GROUND
Notes to the Accounts as at the 31 December 2024
FIXED ASSETS
| Heritage Assets (recreation ground) COST as at 1 January 2024 - Additions - VAT recovery - - DEPRECIATION as at 1 January 2024 - for the year - on disposals - - WRITTEN DOWN VALUE - - as at 31 December 2024 as at 31 December 2024 as at 31 December 2024 as at 31 December 2023 |
Play equipment - 68,120.81 - 68,120.81 - 2,725.00 - 2,725.00 65,395.81 - |
Skate Park 160,047.26 - - 160,047.26 12,627.00 6,402.00 - 19,029.00 141,018.26 147,420.26 |
Changing Rooms 67,147.04 - - |
|---|---|---|---|
| 67,147.04 | |||
| 14,383.00 2,686.00 - |
|||
| 17,069.00 | |||
| 50,078.04 | |||
| 52,764.04 |
WIVELISCOMBE WAR MEMORIAL RECREATION GROUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024