Treasurers Re ar to 31" st 20Z3 resented to the AGMon 28th November 2023 We started the year with a healthy balan of £66,881 in the bank and building society accounts: £56,202 in Barclays Bank Account £10.679 in Wirgin Money Building Society Account Fortunately, we have benefitted from our usual fvndraising event being held this year. The music quiz. which was a sellout, was held in November 2022. The annual jumble sale and ceilidh went ahead in January 2023. The annual summer fair was held in June 2023 for the first time in 4 years due to a number of local volunteers coming forward to help. A new fundraising event, Wylam on Wheels. was initiated by Wylam Sprockets for 18 September 2022 and generated over £5.630 in the year As a result, we operated at a healthy profit of £12.182 for the year12022: £8.904 lossl Income Over the course of the year our major sources of income included: £31,449 frorn our fundraising events12022: £2.565 income in advan for Wylam on Wheels cycling event) £6,0 Parish Council Grant {2022: £3,CKXJI- restricted use. The 2023124 grant was paid earlier than normal by the Parish Council and is to be used to repla the pavilion doors £1,8 (2022: £2.0)1 Northumberland County Council Community Chest grant- restricted use £2,16012022.. £1,2) field rent from Wylam Rockets. Wylam cricket dub and Verd production team for use of the field and pavilion in June 2023 A very kind donation was receNed during the year from David Lamb following the death of his wife. Sharon. A decision has yet to be made as to how this will be used. Total income receNed £47549 (2022: £8?6> Ex nditure Fundraising costs £10,60712022.. £751 in advan for Wylam on Wheels cycling event) Field Maintenance £1.09612022: £3,7771-various groundworks including removal of the old wooden shed Play equipment £14.237 for the new èctrvity trail12022- £9,076) The pavilion got new much needed window shutters at a cost of £3.692. The Northumberland County Countil Chest Grant contributed £1,81X) toward5 this expense Insurance. electricity, water. play equipment inspertion5 and sundries £5.73612022.- £4.1761 Totsl expenditure É35,36712022: £17.780) The c105ing balance at 31 August 2023 is £79,063 of which £68,340 is in Barclays Bank and £10.722 is in Wirgin Money Building Society account. During the year a savings &count was opened with Barclays and £45,0(10 was transferred into this account to benefft fn>m interest being earned on this account Following discussions by the Committee we have decided to incre1 the Building and Play Equipment Maintenance Fund by £5.IXJO duringthe year to enable us to have sufficientfvnds to maintsin the play equipment and at some point in the future to refurblsh or replace the pavilion. See detsils on the 5trtement of Assets and Liabilities. Alison Charlton {Treasurerl 28th November 2023
WYLAM COMMUNITY PLAYING FIELDS ASSOCIATION
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31st AUGUST 2023
General Fund
| Receipts Fund Raising Events Northumberland CC Grant (Community Chest (Restricted use) Parish Grant (Restricted use) Rental Charges for Field/Pavilion Use Bank Interest Sundries Litter Pick Donations Payments Fund Raising Costs Insurance Pavilion Maintenance Cutter Repairs & Fuel Field Maintenance Play Equipment (including maintenance) Electricity Water Rent of room Sundries Excess of Receipts over Payments Bank balances brought forward Bank balances carried forward Represented as: General Fund Building and Play Equipment Maintenance Fund (unrestricted) Business Continuity Fund (unrestricted) |
2022 £ £ 2,565 2,000 3,000 1,200 13 7 40 51 8,876 751 1,419 475 57 3,777 9,076 631 176 41 1,376 17,780 - 8,904 75,785 66,881 11,202 45,000 10,679 **66,881 ** |
2022 £ £ 2,565 2,000 3,000 1,200 13 7 40 51 8,876 751 1,419 475 57 3,777 9,076 631 176 41 1,376 17,780 - 8,904 75,785 66,881 11,202 45,000 10,679 **66,881 ** |
2023 £ £ 31,449 1,800 6,000 2,160 43 3 - 6,094 47,549 10,607 2,268 3,692 1,116 1,096 14,237 826 212 38 1,276 35,367 12,182 66,881 79,063 18,340 50,000 10,722 79,063 |
2023 £ £ 31,449 1,800 6,000 2,160 43 3 - 6,094 47,549 10,607 2,268 3,692 1,116 1,096 14,237 826 212 38 1,276 35,367 12,182 66,881 79,063 18,340 50,000 10,722 79,063 |
|---|---|---|---|---|
| 8,876 17,780 |
47,549 35,367 |
|||
| - 8,904 75,785 |
12,182 66,881 |
|||
| **66,881 ** | 79,063 | |||
| 11,202 45,000 10,679 |
18,340 50,000 10,722 |
|||
| **66,881 ** | 79,063 |
WYLAM COMMUNITY PLAYING FIELDS ASSOCIATION
STATEMENT OF ASSETS & LIABILITIES AT 31st AUGUST 2023
| Monetary Assets 2022 £ Bank Accounts General Fund Current Account 56,202 Savings Account - Virgin Money 10,679 Total Bank Accounts 66,881 Non Monetary Assets Freehold Land at cost 12,400 The title to the land is vested in trust with the Official Custodian for Charities Debtors & Prepayments 2022 Insurance prepayment 1,392 1,392 Other Held for functional use by the association Pavilion cost and age unknown Jacobsen Grasscutter £8,970 (purchased 2014) Assorted Tools £300 Two sheds aged 17 & 26 years - original cost (including installation) £5600 |
2023 £ 23,340 45,000 10,722 |
|---|---|
| 79,063 | |
| 12,400 | |
| 2023 2,224 |
|
| 2,224 | |
Childrens play equipment and seats - original cost (including installation) £223,756 (purchased 2007 - 2023); (2022 £209,606) Pavilion furniture - cost and age unknown Fridge £431 (purchased Jan 19)
| Liabilities Amounts received in advance for Wylam on Wheels event Amount owed for new activity trail Unrestricted Reserves General Fund Building and Play Equipment Maintenance Fund Business Continuity Fund |
2022 2,565 14,150 16,715 11,202 45,000 10,679 66,881 |
2023 2,545 - |
|---|---|---|
| 2,545 | ||
| 18,340 50,000 10,722 |
||
| 79,063 |
Rowena Ward (Chair)
Alison Charlton (Treasurer)
28-Nov-23
Wylam Community Playing Fields Association Accounts (11912022 to 31 August 2023): Independent Examiner's Report Preamble 1. The trustees are responsible for the preparation of accounts in accordan with the Charities Act 2011. 2. This independent report has been carried out under section 145 of the Act in line with guidance issued by the Charities Commission under section 145(5)(b). Examinerfs Statement 3. Having completed my examination. I confim Ihat no material matters have come to my attention which gives me cause to believe that in any material sense.. Accounting records were not kept in accordan with section 130 of the Act; or The accounts do not accord wtth the accounting records. 4. 1 have no COnmS in connection with the examination to which attention should be drawn in order to enable a proper underslanding of the accounts to be reached. Signed: . Date: 26 November 2023 Name.. Jos Joures Address: 59 Woodcroft Road, Wylam