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**