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