**REGISTERED CHARITY NUMBER: 521101**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **FOR**
## **FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
Wallwork Nelson & Johnson Chandler House 7 Ferry Road Office Park Riversway Preston Lancashire PR2 2YH
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|13|
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives of the charity are to provide a sporting, recreation and leisure environment for Pleasington and Feniscowles.
The charity also manages a biological heritage site.
## **Public benefit**
The main activity of the charity is to provide the recreation ground for public benefit, with fields of play for Football, Cricket, Bowls and Tennis and a children's playground. This is used for organised sport and at other times open to the general public for recreational activity.
In addition the Trustees own and manage an adjoining site of biological heritage interest. This site is required to be maintained in its natural state and it also provides through its paths, additional recreational facilities to the general public.
The Trustees confirm that they have complied with the requirements of Section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Volunteers**
The charity relies on volunteers drawn from the ranks of the Trustees and other trusted individuals.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity has continued to manage its sporting, recreational and leisure facilities as defined by it's objectives, along with its biological heritage site.
The Trustees currently manage the site with the assistance of a full time groundsman, contracted-out bar services and part-time bar staff.
During the year ended 31 May 2022, the charity received compensation, via its insurers, for business interruption as a result of the COVID pandemic.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The principal funding sources are donations, grants and levies.
## **Investment policy and objectives**
The charity seeks to maximise investment returns where possible but does not hold sufficient reserves to warrant investing in accounts yielding anything more than a modest return.
## **Reserves policy**
The charity holds reserves sufficient for its requirements for the foreseeable future but does not hold excessive reserves.
## **FUTURE PLANS**
On 8 September 2022, the charity entered into an agreement with a related party, The Feniscowles and Pleasington War Memorial Recreation Ground CIO (Charity number 1185495) to transfer the business, comprising the assets of the charity, to the CIO as a going concern.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022**
The Charity is governed by a Trust Deed dated 5 April 1921 as amended by Resolution of the Trustees dated 17 March 2009.
## **Related parties**
Following the balance sheet date, the charity has transferred its trade and assets to The Feniscowles and Pleasington War Memorial Recreation Ground CIO (Charity number 1185495), a Charitable Incorporated Organisation related via common trustees.
The Feniscowles and Pleasington War Memorial Recreation Ground CIO is the ultimate parent company of Fenirec Bar Co Ltd (Company number 12512360).
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
521101
## **Principal address**
4 Halls Square Town Lane Whittle- le- Woods Chorley Lancashire PR6 8AQ
## **Trustees**
Jane Margaret Green Vikki Thompson Paul Smith Christopher Green Carol Leach (resigned 12/9/2022) Mark Cross Lisa Greig (resigned 12/9/2022) Richard Joseph Hall (appointed 12/10/2021) (resigned 20/3/2022) Paul David Marrow Dermot Gallagher Paul Andrew Lilley Michael Bleasdale David Withers (appointed 12/10/2021) Robert Graeme Duck Jason Boyle (appointed 12/7/2022)
## **Independent Examiner**
Wallwork Nelson & Johnson Chandler House 7 Ferry Road Office Park Riversway Preston Lancashire PR2 2YH
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 2
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
Approved by order of the board of trustees on 13 March 2023 and signed on its behalf by:
Jane Margaret Green - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **Independent examiner's report to the trustees of Feniscowles & Pleasington War Memorial Recreation Ground**
I report to the charity trustees on my examination of the accounts of Feniscowles & Pleasington War Memorial Recreation Ground (the Trust) for the year ended 31 May 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Johnson ACA Wallwork Nelson & Johnson Chandler House 7 Ferry Road Office Park Riversway Preston Lancashire PR2 2YH
13 March 2023
Page 4
## **FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
24,061
**Charitable activities**
Fundraising events
3,583
Levies
5,833
Other
1,420
Sport England
-
Persimmon Homes
-
Football Foundation
-
CPA Canopius
65,306
S106
-
**Total**
100,203
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Tractor Fund
-
Other
19,683
Sport England
-
Persimmon Homes
-
Football Foundation
-
S106
-
Other
4,257
**Total**
23,940
**NET INCOME/(EXPENDITURE)**
76,263
**RECONCILIATION OF FUNDS**
Total funds brought forward
15,924
**TOTAL FUNDS CARRIED FORWARD**
92,187|Restricted
funds
£
-
-
-
-
-
-
-
-
8,034
8,034
-
1,018
-
-
-
-
8,034
-
9,052
(1,018)
95,303
94,285|31/5/22
Total
funds
£
24,061
3,583
5,833
1,420
-
-
-
65,306
8,034
108,237
-
1,018
19,683
-
-
-
8,034
4,257
32,992
75,245
111,227
186,472|31/5/21
Total
funds
£
4,025
-
2,342
2,565
5,000
570
500
-
-|
|---|---|---|---|
||||15,002|
||||25
1,198
528
3,120
570
500
-
1,570|
||||7,511|
||||7,491
103,736|
||||111,227|
The notes form part of these financial statements
Page 5
## **FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **BALANCE SHEET 31 MAY 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
4
1,788
**CURRENT ASSETS**
Debtors
5
4,668
Cash at bank and in hand
98,335
103,003
**CREDITORS**
Amounts falling due within one year
6
(12,604)
**NET CURRENT ASSETS**
90,399
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
92,187
**NET ASSETS**
92,187
**FUNDS**
7
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
86,905
-
7,380
7,380
-
7,380
94,285
94,285|31/5/22
Total
funds
£
88,693
4,668
105,715
110,383
(12,604)
97,779
186,472
186,472
92,187
94,285
186,472|31/5/21
Total
funds
£
89,132
-
23,175
23,175
(1,080)
22,095
111,227
111,227
15,924
95,303
111,227|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13 March 2023 and were signed on its behalf by:
Jane Margaret Green - Trustee
The notes form part of these financial statements
Page 6
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 May 2022 nor for the year ended 31 May 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 May 2022 nor for the year ended 31 May 2021.
continued...
Page 7
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
|**3.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3,500
**Charitable activities**
Levies
2,342
Other
2,037
Sport England
-
Persimmon Homes
-
Football Foundation
-
**Total**
7,879
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Tractor Fund
-
Other
-
Sport England
-
Persimmon Homes
-
Football Foundation
-
Other
1,570
**Total**
1,570
**NET INCOME**
6,309
**RECONCILIATION OF FUNDS**
Total funds brought forward
9,615
**TOTAL FUNDS CARRIED FORWARD**
15,924|Restricted
funds
£
525
-
528
5,000
570
500
7,123
25
1,198
528
3,120
570
500
-
5,941
1,182
94,121
95,303|Total
funds
£
4,025
2,342
2,565
5,000
570
500|
|---|---|---|
|||15,002|
|||25
1,198
528
3,120
570
500
1,570|
|||7,511|
|||7,491
103,736|
|||111,227|
continued...
Page 8
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
## **4. TANGIBLE FIXED ASSETS**
|**4.**|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
|||Freehold|Plant and||
|||property|machinery|Totals|
|||£|£|£|
||**COST**||||
||At 1 June 2021|44,692|51,992|96,684|
||Additions|-|1,892|1,892|
||Disposals|-|(2,350)|(2,350)|
||At 31 May 2022|44,692|51,534|96,226|
||**DEPRECIATION**||||
||At 1 June 2021|-|7,552|7,552|
||Charge for year|-|1,122|1,122|
||Eliminated on disposal|-|(1,141)|(1,141)|
||At 31 May 2022|-|7,533|7,533|
||**NET BOOK VALUE**||||
||At 31 May 2022|44,692|44,001|88,693|
||At 31 May 2021|44,692|44,440|89,132|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31/5/22|31/5/21|
||||£|£|
||Prepayments||4,668|-|
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31/5/22|31/5/21|
||||£|£|
||Trade creditors||(1)|-|
||Amounts due to related undertakings||11,525|-|
||Accruals and deferred income||1,080|1,080|
||||12,604|1,080|
continued...
Page 9
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
## **7. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
Garage Fund
Tractor Fund
Playground Fund
Trees Fund
Sport Grant
Feniscowles & Pleasington JFC
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Tractor Fund
S106
**TOTAL FUNDS**|At 1/6/21
£
15,924
44,692
6,789
36,442
5,000
1,880
500
95,303
111,227
Incoming
resources
£
100,203
-
8,034
8,034
108,237|Net
movement
At
in funds
31/5/22
£
£
76,263
92,187
-
44,692
(1,018)
5,771
-
36,442
-
5,000
-
1,880
-
500
(1,018)
94,285
75,245
186,472
Resources
Movement
expended
in funds
£
£
(23,940)
76,263
(1,018)
(1,018)
(8,034)
-
(9,052)
(1,018)
(32,992)
75,245|
|---|---|---|
continued...
Page 10
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
## **7. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Garage Fund
Tractor Fund
Playground Fund
Trees Fund
Sport Grant
Feniscowles & Pleasington JFC
**TOTAL FUNDS**|At 1/6/20
£
9,615
44,692
7,987
36,442
5,000
-
-
94,121
103,736|Net
movement
in funds
£
6,309
-
(1,198)
-
-
1,880
500
1,182
7,491|At
31/5/21
£
15,924
44,692
6,789
36,442
5,000
1,880
500|
|---|---|---|---|
||||95,303|
||||111,227|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|7,879|(1,570)|6,309|
|**Restricted funds**||||
|Tractor Fund|-|(1,198)|(1,198)|
|Sport Grant|5,000|(3,120)|1,880|
|Insurance claim re POR|528|(528)|-|
|Football Fund|500|(500)|-|
|Bulbs|25|(25)|-|
|Feniscowles & Pleasington JFC|500|-|500|
|Persimmon Homes|570|(570)|-|
||7,123|(5,941)|1,182|
|**TOTAL FUNDS**|15,002|(7,511)|7,491|
continued...
Page 11
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
## **7. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Garage Fund
Tractor Fund
Playground Fund
Trees Fund
Sport Grant
Feniscowles & Pleasington JFC
**TOTAL FUNDS**|At 1/6/20
£
9,615
44,692
7,987
36,442
5,000
-
-
94,121
103,736|Net
movement
in funds
£
82,572
-
(2,216)
-
-
1,880
500
164
82,736|At
31/5/22
£
92,187
44,692
5,771
36,442
5,000
1,880
500|
|---|---|---|---|
||||94,285|
||||186,472|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Tractor Fund
Sport Grant
Insurance claim re POR
Football Fund
Bulbs
Feniscowles & Pleasington JFC
Persimmon Homes
S106
**TOTAL FUNDS**|Incoming
resources
£
108,082
-
5,000
528
500
25
500
570
8,034
15,157
123,239|Resources
Movement
expended
in funds
£
£
(25,510)
82,572
(2,216)
(2,216)
(3,120)
1,880
(528)
-
(500)
-
(25)
-
-
500
(570)
-
(8,034)
-
(14,993)
164
(40,503)
82,736|Resources
Movement
expended
in funds
£
£
(25,510)
82,572
(2,216)
(2,216)
(3,120)
1,880
(528)
-
(500)
-
(25)
-
-
500
(570)
-
(8,034)
-
(14,993)
164
(40,503)
82,736|
|---|---|---|---|
||||164|
||||82,736|
continued...
Page 12
**FENISCOWLES & PLEASINGTON WAR MEMORIAL RECREATION GROUND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022**
## **8. RELATED PARTY DISCLOSURES**
During the year ended 31 May 2022, the charity received donations totalling £24,000 (2021: £Nil) from the Fenirec Bar Co Ltd.
During the year, the charity recharged £11,525 to the Feniscowles & Pleasington War Memorial Recreation Ground. As at 31 May 2022, £11,525 was owed to Fenirec Bar Co Ltd.
Page 13