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RUNNYMEDE PLEASURE GROUND
Statement of Financial Activity for the year ended 31st March 2023
2021/2022 2022/2023
Actual Notes Actual
£ £
Incoming Resources
103,568 Car Parking (4) 123,545
30,230 Rents and Leases 37,072
115 Costs Recovered (5) 110
8,113 Other income 0
1,081 Interest on Internal Investments 7,539
143,106 Total incoming Resources 168,266
Resources Expended
9,819 Wages & Salaries 1,100
25,114 Premises Related Expenses (3) 44,225
25,649 Grounds Maintenance (4) 11,809
843 Transport Expenses 1,213
713 Fees 1,105
965 Insurance 1,148
23,650 Computer Maintenance (4) 30,789
6,410 Equipment (4) 1,787
93,163 93,176
Management and administrative recharges
23,600 Administrative recharges (6) 25,800
25,800
116,763 Total resources expended 118,976
26,343 Net movement in funds for the year 49,290
£ £
26,343 Net movement in funds for the year 49,290
303,644 Total funds brought forward 329,987
329,987 Total Funds carried forward 379,277
Balance Sheet as at 31 March 2022
31 Mar 2022 31 Mar 2023
Actual Notes Actual
£ £
Current Assets
329,987 Cash at Bank 379,277
329,987 Net Assets 379,277
Funds of the Charity (7)
277,489 Unrestricted Funds 326,777
52,500 Restricted Funds 52,500
329,989 Total Funds 379,277
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## **Notes to the accounts** - 1 Runnymede Borough Council maintains Runnymede Pleasure Ground for the Charitable Trust. 2 These accounts have been prepared on the basis of historic cost in accordance with Acounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005), accounting - 3 Increase in electricity costs. Boathouse redecoration and electrical remedial work carried out. 4 A new ANPR system was introduced during the financial year, this has impacted the income and expenditure on the sections identified above. Increase in software costs from 2022. - 5 The £110 relates to recharge of Building insurance to the Runnymede Cafe 6 The Council is able to realise economies of scale as part of its general responsibilities for management of recreation grounds within the Borough. Expenditure in respect of staff time, legal and professional advice, insurance, general supplies, and support and professional services has not been specifically identified by the Council but is estimated to be £25,800. - In February 2015 the Trustees agreed to establish a dedicated restricted reserve in the sum of - 7 £40,000 for future flooding events. In addition it was agreed during November 2017 that Runnymede Magna Carta Legacy limited would pay £25,000 to Runnymede pleasure ground to cover the costs of maintaning and ensuring the statute of HM Queen Elizabeth II for a period of 5 years, to date we have received £12,500 of the £25,000. The balance of reserves will continue to remain unrestricted in their nature. In addition it was also agreed that wherever possible an operating level of £20,000 be maintained in unrestricted reserves to cover for any unexpected