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2024-03-31-accounts

Tatworth Playing Fields

Charity Information 2023/2024

Management Committee: Mark Culverwell (Chairman)
Richard Rowson (Vice Chairman)
Anna Allen (Secretary)
Janet Gwynn (Treasurer)
Rob Daniels
Paula Lillywhite
Di Cox
Martin Lillywhite
Ian Evans
Andy Riste
Nan Austin
Gladys Prince
Malcolm Ousley
Kelly Foote
Nick Fowler
Roger Lillington
Sheila Baldwin
Kelly Foote
Colin Murphy
Jon Eames
Rachel Prince
Tina Moon
Nick Govier
Christine Heal
Principal Address: Tatworth Playing Fields
c/o Anna Allen
12 Dairs Orchard
Tatworth
Somerset
TA20 2TA
Registered Charity No: 308115
Bankers: National Westminster Bank
Virgin Money

Management Committee Report for the year ended 31 March 2024

Charity Status

Tatworth Playing Fields was established by Trust Deed dated 22 March 1973 by the then Chard Parish Council and is a registered charity, number 308115. The recreation ground is held in trust for the benefit of the inhabitants of Chard Parish, Somerset, by the Management Committee.

Management Committee

The Charity's Management Committee during the last year is set out on Page 1.

The members of the Management Committee are appointed annually with the officers being elected from the members of the committee.

Objectives, organisations and activities

The Charity was established to hold the Playing Fields, which were purchased by the Chard Parish Council in 1970, on trust as a recreation ground for the benefit of the local community. The recreation ground includes football and cricket pitches, a children's play area, a multi-use games area and a tennis court as well as providing open space for other community events. In addition, there is a pavilion, which is available for hire, and changing rooms.

Review of Progress and Achievements

Following on Covid-19 we were pleased to be able to hold our funding raising events this year, which proved hugely successful after two very quiet years. The first two events were the Beer Festival in April and the Vintage Rally in June. The committee decided to no longer hold Party in the Park as it was no longer a profit-making event. This was replaced by a Cider, Gin & Sausage Festival in September, which proved very popular and will now be held annually. We also had our annual Bonfire Night in November.

Perry Street Football Club and the Perry Street Youth Football Club had another successful season again this year and the WI were able to play croquet throughout the summer.

Finances and policy on reserves

The Charity Balance sheet remains strong with healthy amounts held in the bank accounts. Reserves are maintained to allow the Charity to maintain the Playing Fields and improve the facilities as finance allows.

The Charity continues to fund raise to be able to meet the costs of running the Playing Fields.

The Management Committee thank the volunteers and village organisations who offer help and support to all projects.

...................................................... Mrs A Allen - Secretary Date ..................................

TATWORTH PLAYING FIELDS

Statement of Financial Activities For The Year Ended 31st March 2024

£
Incoming Resources
Donations
Tatowrth & Forton P C Donation
Parish Council Grant
Investment Income
Building Society / Bank Interest
Income from Trading Activities
Pavillion Bar Trading
Other Trading Resources
Rents Received
Football Clubs
Fair
Pavillion Hire
Wayleaves
Beer Festival
Rally
Fireworks
Jubilee
Scrap Sold
Total Incoming Resources
Resources Expended
Direct Charitable Expenditure
Depreciation Charges
Management and Administration
Net Incoming Resources For The Financial Year
Funds Brought Forward
Funds Carried Forward
£
£
1126
-
500
446
31801
800
760
530
-
499
2737
7297
-
-
46496
29199
6430
1971
37600
8896
299689
308585
2024
£
3000
10478
-
145
31512
940
-
215
20
-
2884
6883
1383
67
57527
36777
6696
2219
45692
11835
287854
299689
2023

TATWORTH PLAYING FIELDS

Analysis of Resources Expended For The Year Ended 31st March 2024

Direct Charitable Expenditure
Pavillion Bar Trading Expenses
Event Expenses
Insurance
Wages
Field Management
Gas
Water Rates
Electricity
Cleaning
Card Fees
Advertising
Repairs And Maintenance
Defibrillator Expenses
Retitral Gift
Depreciation Charges
Pavillion And Field Improvements
Pavillion Equipment And Fittings
Field Equipment
Management And Administration Of The Charity
Honorariums
Legal Fees
Licences
Printing, Stationery And Postage
Total Resources Expended
2024
£
17354
3642
1481
1306
738
636
333
1226
316
-
45
1974
148
-
29199
4646
410
1374
6430
1050
471
359
91
1971
37600
2023
£
16935
3680
1148
1692
1299
438
261
1807
188
95
1136
7875
173
50
36777
4741
428
1527
6696
1050
734
359
76
2219
45692

TATWORTH PLAYING FIELDS

Notes To The Accounts For The Year Ended 31st March 2024

Fixed Assets

Cost
As At 1/4/23
Additions
As At 31/3/24
Depreciation
As At 1/4/23
Charge For The Year
As At 31/3/24
Net book Value
As At 31/3/24
As At 1/4/23
Pavillion
& Field

Improvement
324854.00
324854.00
92528.00
4646.00
97174.00
227680.00
232326.00
Pavillion
Equipment
& Fittings
12930.62
250.00
13180.62
9082.62
410.00
9492.62
3688.00
3848.00
Field
Total
Equipment
36832.00
374616.62
250.00
36832.00
374866.62
23088.00
124698.62
1374.00
6430.00
24462.00
131128.62
12370.00
243738.00
13744.00
249918.00

Pavillion Bar Trading Account

Income - Bar Sales
Expenditure
Opening Stock
Purchases For Resale
Less
Closing Stock
Gross Trading Profit For The Year
2024
£
£
31801
1976
17659
19635
(2281)
17354
14447
£
£
31512
1564
17347
18911
(1976)
16935
14577
2023

TATWORTH PLAYING FIELDS

Balance Sheet As At 31 March 2024

Tangible Fixed Assets
Current Assets
Pavillion Bar - Stocks
Prepayments & debtors
Bank Current Account
Bank investment Account
Cash At Bank And In Hand
Less :
Current Liabilities
Trade Creditors
Accruals
Deferred Restricted Legacy
Net Current Assets
Total Assets Less Current Liabilities
Represented by:
Restricted Income Fund
2024
£
2281
1479
55795
55136
550
115241
174
220
50000
50394
£
243738
64847
308585
308585
£
£
249918
1976
1386
41381
55000
420
100163
162
230
50000
50392
49771
299689
299689
2023

The Financial Statements were approved by the Management Committee on….......................

M Culverwell - Chairman …............................ Mrs A Allen - Secretary …............................

TATWORTH PLAYING FIELDS

Notes To The Accounts For The Year Ended 31st March 2024

Management Remuneration

The following honorariums were paid to members of the Management Committee during the year

Treasurer
Secretary
Chairman
2024
£
350
350
350
1050
2023
£
350
350
350
1050

Deferred Restricted Legacy

The £50000 balance of the Charles and Jack Stonham Memorial fund has been invested with Virgin Bank

Staff Costs

Gross Wages
Trustee Expenses
Number of Trustees who were paid expenses
Total amount paid
2024
£
1306
2024
£
-
-
2023
£
1692
2023
£
-
-

TATWORTH PLAYING FIELDS REGISTRATION NUMBER 308115

STATEMENT OF TRUSTEES' RESPONSIBILITIES

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the Charity and of its financial activities for that period, together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the Charity. In preparing those financial statements the trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure that the financial statements comply with the Accounting Standards and Statements of Recommended Practice and the regulations made under S144 of the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

TATWORTH PLAYING FIELDS REGISTRATION NUMBER 308115

INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF TATWORTH PLAYING FIELDS

This report on the Accounts of Tatworth Playing Fields for the year ended 31 March 2024 is in respect of an examination carried out under S.145 of the Charities Act 2011.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the Charity's trustees the Management Committee are responsible for the preparation of the Accounts; you consider that the audit requirement S.144 (2) of the Charities Act 2011 (The Act) does not apply. It is my responsibility to state on the basis of procedures specified in the General Directions given by the Charity Commissioners under S.145 (5)(b) of The Act, whether particular matters have come to my attention .

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examinations were carried out in accordance with the general directions given by the Charity Commissioners. That 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 the seeking of explanations from you, as trustees, concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention:

TATWORTH PLAYING FIELDS REGISTRATION NUMBER 8115

INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF TATWORTH PLAYING FIELDS

~CONTINUED~

______ ______ V C Trott, FCCA Dated Chartered Certified Accountant

TCAS Limited 2 Victoria Hall Coombe Lane Axminster Devon EX13 5AX