BLUNDELLSANDS PARK TRUST REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THI YEAR ENDED 31 DEcEIlBER 2023 Registered Charity Number: . 702619
BLUNDELLSANDS PARK TRUST Contents Page Trn8tsei Rewt and Statement of Tru8tsu Reiponslbllld¢i Statement of Flnandal AvItIe• Balanee Sheet Note8 formlng part of the finandal itAtements 9-15
BLUNDELLSANDS PARK TRUST Legal and administrative information D S Evans Mr8 K Par8lew P S An8le8ea WorklngName Th¢ Park Re8tstsred Charfty Number 702619 Charlty Offiee POBox8 Liverpool L23 3YX Independent Exanther Mr C Sawyff FCCA Sawyer Quine & Co 202 Mfflin Park The Royal Bank of Scotland Liverpool Group of Branche8 l Dale Street Liverpool L2 2PP
BLUNDELLSANDS PARK TRUST Tru8tee8 Report for the year ended 31 December 2023 year ended 31 December 2023. Strnctury government and nunagement Governing document Bluttdell8ands Park ThJ8t 18 a re8t charity, nurnl 71Y2619. and 18 governal by a Th18t De dat1 27 July 1905. Appoinlment of Trustee ThJ8tees are appointed by the Blundell family. Trtte indudion and trnining proGe88 in plac Boardfyncts'oning The Trustees meet approx]nlY once eVy month or a8 needed tbrougbout tbe financial year to Teview and to the position of the clwity. Membershlp ManbeThbip 18 open to th08e re8ident8 WI qualify undky the tam8 of the Trust Dee(L Membersbip is by Rtsk management The ThT8tee8 have exarnin the major 8trate8i4 business and opttational risk8 which the charity may face and confinn that system8 have been e8tabl1s1d to enable regular report8 to be produced 80 that the neLY8sary steps can be taken to lessen these risks. Orgaxlsatlonalslrncture Ovffall reapon&il1ty for policy aJ]d the dirertion of the charity rests with the Board of Thtee8 who admini8ter the charity on a voliintsry basis. The Trustees have employal a time Park Warden WI 18 reSpon]e for the day-to.day keep and maintenance of tILe park amenities. He is support&q by a number of Assi8tant Park Warden Objectiva And aetivits The kry objective8 and activities of the rjwity are: . "To nmintsin the said land within the be1Cial area as garden8 or open Spa8 for the use and benefit of suth of the inbabitants of Blundellsands aforesaid as sha]1 pay in rw of each hou8e inhabited by them
BLUNDELLSANDS PARK TRUST Trn8tee8 Report for the year ended 31 Deeember 2023 ObJectiv¢J and actiYits¢• (continued) 8aid William J08eph Blundell or hi8 8ULW80r8 in title 8hall fix." Publlc benefft that the thty has met the rquiremthts ag a result of the objectives and activities descnl>ed abov¢. Acblevemellts and perforMce For over one hun years Blundell8and8 PadE Tht Iw provided a valual amenity to its local comrrity using monies gain1 throu8h membership fee8. Its prijnary objective 18 to nAntsill the Pad£ to a W standard 80 that moDber8 enjoy its amfflitie8 both now and in th¢ years to com& The Blundell family bestowed this beautiful 8pace all tkn8e year8 a80 and the Trustees believe that they have a sponll1ty to pr¢ and improve on this wOlld Iwits8 Paul AngleBe4 who works on a full.litue ba818. colltin as Park Warden. The lllgh StatUts to which the Park 18 kept Mly reflects Paul's Iwd work and wmmitiwt and we are hugely ful to bim. Vince Bamett Contin our Assistant Warden workin8 on & patime basis. He is a real asset to the Park Paul and he make a team who WO together very well and wlw8e 8kAll8 complement ¢ath other. wh our previou8 Warden l¢ft u8 in Au8u8t vin VoluntrnA to be Weekend Warden and for this we were very grnteful. It was ¢91ally good because Vince already knew many of the membw8 and didn't bave to learn the rope Given the Park's coastal location wbich is often subject to high winds and stoimy conditions, the Trustees have rea80nable Steps to ensure that the tree8 in the Park are 8afe and healthy. We continu¢ to use the services of Stumps Away who advise each year on the ststs of the trees. Dead trees or one8 which ould preSt a problem are fellal subject to Ixing given permi88ion to do 80 by Sefton COW11,8 Tree Officer. This pernJi88ion is neCe88Y a8 the Prt 8its within a LX)nsrntion are& Under our tree planting pro any tree8 which are f¢d replaced by trees wbich are indigenous to the region. recommeadation8. The Park ward and A88i8tant Wardffl complete all nece88ary cour8e8 in order to help kry them and park user8 safe, in line with our Health and Safety Policy. The play area continues to be a favourite place for the children and we take our obligations to k thildren 8th whilst playing on th¢ quipm¢nt very sl081Y. The equipment is checked daily (a8 requir] by our insurance poli) and ally malfimctions are dealt with immediats]y. A good example of tbi8 was indept Sl1St contra¢torn who al80 8¢rVI the play ¢quiprnt where necessary. A8 in fornwr The Patt L)Mtin to be a much.v8lued amenity and membership (x)ntinue8 to be in denwid thuj
BLUNDELLSANDS PARKTRUST Trustees Report for the year ended 31 December 2023 Aehlevements and performance (conthiued) resulting in a lon8 waitifj8]ist. New memkn are deli8htal when they do evcnttwlly 88in membuthip and are thrilled by the many Lovely quiet spaces t]we are often Ten]arkiDg how it's hard to believe that we are 8ituated so c108e to a bi8 city. Once agai the Trnstses were able to net our budget and we believe that the Patk has a promi futu We are wially to the many Mell who made additional vol• donation8 at key change which nall8 that in tbe4e tinM of ever.rising costs, we are able to pmvide t} n8t value for money yet at the 8am¢ time rdain our very bigb 8tandard& We fortunth to serve a8 Thth8 and tak¢ our rol¢ vffy Sl08]Y. We will Colltin to do our beBt to ensure that this wonderfvl Space is preserved for future generations who can enjoy it jU8t as mucb as the Investnwit poJverJ Under the Constitutio the charity has the power to make any inve8tineii( u8in8 the unre8tri¢ted general fimd4 which the Thte¢S see fiL The principal fimdin8 8oufLY for th¢ tharity dwing th¢ year wa8 by way of 8ub8criptions Irceiv1 from its members. The eXpditUre in the Y SUprtaI the key cl)aritable obJrtIVeS by enab]ing the charity to continue to succe&8fully deve]op and maintsin the PaTk to a Iu8b standa The results for the year 8re Shown in the Statement of Financial Activiti&q on pa8e Seve expmditure durAng the year ha8 been within b]get vknith Iw resulted in a 8uzpIu8 being 8fflffat. The ¢1ty.8 Balance Sheet as ddailed on pa8e eight show8 a 8ati8factOry P08ition with net a88¢ts Bmoiinting to £174J05. This consists of dwatal funds of £6.995 for Specific futh purpo8e8 a8 set a8id¢ by th¢ Tn]8tKs out of unratricknl funds and U1¢1 g¢nffal fimd8 of £167,310. for the 8enffal runlli of the charity. The Trustees con8ider that a large accumulated fiwd is requirnl due to the nature of the charity's expenditure. Maintenance costs vary each year. and periodically large sums of expendith are requirnl to fund renewals and improvements and to pwchage capits] eqUipMt witbin th¢ Park. Tr Thte£S revicw the saal re8¢The8 of the charity on an annual ba818 taknn8 into acc¥)unt the level of
BLUNDELLSANDS PARKTRUST Thistees Report for the year ended 31 December 2023 Reierves po]ley (eonthiued) The Trusteu have de81 £6995; thi8 fimd Idtifie8 th08e fimd8 that are not free funds as they reprafflt the n¢tbook value of tanTrIC fix assets. 1>1gn8 for fvture developments The Thte are very LY)nscious of their duty to help preserve such a beautifid space for firture 8eneration They are firmly con]nlltted to help maintain and preserve th¢ nature and wildlife of the Park 80 that everyon4 both now and in the call enjoy it at its be8L Clwity law rwires the Tru8tees to prepare financial statements for each fuw]cial year which give a and fair view of the stats of affair8 of the charity at the year ffld aDd of its in(x)ming reBourca4 and select 8Uitable accounting >11¢19 and then apply thejn consi8tthtt]Y> make judgemeats and estimatss that are reasonable and pnthn(' and prepare the financia] Statements on the going concern basi8 unl8 It 18 Inappr to presume that the charity will continue in busines& The Th18tee8 are respon8ible for keepin8 pmper accounting records which di8cIo8e with reasothle accuracy at any time the financial p08ition of th¢ rknity and than to ¢n8ur¢ that the financial Statemts comply with the Charities Act 2011. They are also re8pon8jIe for safeguth the as8ets of the cknity and hfflce for ts]aD8 re&8ODable 8tep8 for the prnffltion and detection of fraud and oth MT C Sawyer FCCA of Sawyer Quine & Co. Chartered Certificd Accountants, ]Jas off1 himself for re- Approval This was approved by the Board of Tnkn on 29 October 2024 and Bi] on their behalf. Mrj G JolUn
BLUM)EIJSANDS PARK TRUST Independent Examlner8 Report to the Th18tee8 of Blundell8Ands Park Trust I report on the accounts of Blundellsands Park Trust for the year &ed 31 Decembff 2023, which are set Ay the charity Thtee9 you are re8pon8ible for the preparation of the accounts in aordance with the Tequirn* of the Cknities Act 2011('the Act,). I report in reSpt of my exami0 of the TThtee,S accounts carried out under section 145 of the 2011 Ad and in carryin8 Out my examIon I have followed all the applicable Direction8 givffl by the Clwity Con]mission under section 145(5Xb) of the 2011 ACL Independent Eumlner'l itAtement I hav¢ Completed my exam]tioll. I confinn that no matffial matt¢ts have com¢ to my atttion in connection with the exami0 giving me cause to believe that in w matoial respect: . (l) a]llting records were not kept a8 wuirnl by section 130 of the Act; or (2) tbe accounts do not acLwd with those records; or (3) the accounts do not comply witb the appIlb]e requiremelts Concerni the forni and content of accounts set out in the CIwAties (Accounts and Reports) Re8ulations 2008 other than any reqUIren that the acnts give a 'true and fair view. which is not a matter con8idernl a8 part of an independent examinatio attention Should be drawn in this T¢rt in order to enable a proper of the accounts to be Mr C Sajryer FCCA Sajvyer Qulne & Co 202 Merlin P BuT8ugb IAO 8JY Date: . 29 October 2024
BLIJNDELLSANDS PARK TRUST Statement of Flnandal Acdvlde8 for the year ended 31 December 2023 Totsl re8trleted funds fun 2023 2022 Inrne Donation8: . . IndiKduals and organi8ation8 Income from charitable activitie8: _ . Sub8criptioD3 rerAiveJ] 100 100 89.764 89.764 91,685 . Inter> receivable on bank deposits 496 Total Ineome 94 810 LI Bxpenditure on clwitable activities 78 78 Net Income and net movement Jn for the yegr IW5 1 ReconclUath>ll of fund• Total fund8 at l January 2023 10 157 770 157 770 152 686 Total fund8 at 31 December 2023 10 The Statement of Financial Activitie8 contsin8 all gain8 and1088e8 recogDi8ed in th¢ year.
BLUNDELLSANDS PARK TRUST Balanee Sheet 88 at 31 Deeember 2023 2023 2022 xed a8iets Tall]e fixed assets 6,995 9.327 Current a8Jets 3265 167 708 3,587 Cash atbank 150 994 Net Current auets 167.310 Net 28Jets 11 Fun Designat1 funds io 10 6,995 167 310 9.327 174.305 157 770 Total funds 10 Appmved by the Board of TnL8tee8 on 29 October 2024 and 8i8neAI on their behalf. D S Evang TruBtse
BLUM)ELLSANDS PARK TRUST Nots8 formlng part of the fmaneial statements for the year ended 31 December 2023 1.0 A¢thi8 pole1 1.1 Bath of Prepth of Aceounts and th¢ Statan¢nt of R)mMendj Practice app]icable to ch8riti&g preparing their CoUnts in accord with the Financial Rwting Stsndard 4wlicable in the United Kinsdom and Republic of Jrdand (FRS 102) (EfftiVc l January 2015). The charity cim8titLtte8 a public benefit entity a8 defined by FRS 102. The praffltation curraw of the financial statements 18 the Pound Sterling (£). The Trthes consider that there are no material uncertsinties aLx>ut the charity's ability to continue 1.2 Income reco8nldon All inLxJming reSOurL are indudeAI in the Ststement of Financial Activitie5 th¢ charity ' entitled to the income and the aMOt can be quantified with reasonable accwacy. The following spifiC polici&g are applied to particular categories of income: . • voluntsry inc4xne is received by way of donation8 and 18 included in the Ststement of Financid Activitie8 Wh receivable: • incon from clwitsble activitics. which (1)mpi subs1p0Ds, exduding any VAT. 18 rxo8ni8ed in in the StatenMt of Financial ActiticS in the year in whith it is aceouthed for on a reeeivable ba818; alld • inve8lment incom4 LX)mpri8ing of intorst on bank deposits. 18 account for on a recAivable basis. Expenditure is Tecoglli8ed on an aCenlS ba818 a8 a liability 18 incurred Bxpenditure include8 any VAT wbich cannot be fully recovered, and 18 a8 part of the expenditure to which it r¢lats& All costs are allocatrAI betw the expenditure categories of the Staknent of Financial Aclivities +Ji on a ba8is design1 to r¢fj¢ct the use of the resour. Costs relatin8 to a particular activity are 8taff tim
BLUNDELLSANDS PARK TRUST Notsj fornthig part of the Ilnandal 8tatements for the year ended 31 Deeernber 2023 1.0 Aeeounthg polldes (conthiued) 1.4 Tanglble llxed and depreclallon Tale fixed ets are dweoated over their estimated useful ]ive8 as ftillow8: . . Plant and equiprnt 250A rthcing balance ba818 1.5 Fund accountkng Funds held by the clwity are either: . . DagnatedlMnw- thae are fund8 8rt a8id¢ by th¢ Tru8tee8 Out of unre8tricted genffal fands for specific filture purpose8 or projects; and thrAtabl¢ object8 at the di8Crntion of the Tntees. Further wlanation of the nature and purpose of each fund 18 included in the notss to the fmancial Pen8lon eo8ts The charity operates a defined contribution pension sChell Contribution3 payable for the year are 8a1 in the StateMt of Financial Activiti 10
BLUNDELLSANDS PARK TRUST Nots8 formlng part of the finaneial 8tatements for the year ended 31 December 2023 Totsl fund8 2022 rejtrlcted funda 2023 Provi8ion of Park ameth: . Staff SaIleS aDd costs 44,539 1527 44.539 2.527 39,528 1,667 Heat and ligbt 612 218 425 89 12,017 3.428 1.012 455 167 612 218 425 89 12,017 3,428 1.012 455 167 189 Post and 8tstionery 23,722 6,100 823 Health and gafdy Costs Staff unifonns and protective clothng Staff training c08ts Sundry expense3 Depreciation 853 1,174 540 mallag and admlnl* the eharlty: . aerical a88iStance 3270 1.382 I,0 042 3,270 1.382 1,000 3.179 1226 ALwuntancy Legal and professional fee8 3.0 Net Mov¢t Jn funds for the year The net movement in fillM18 for the year is stated after Charll. . Staff 8alarie8 (Note 4.0) Accountancy fre8 47,809 41707 1,000 603 840 360 11
BLUNDELLSANDS PARK TRUST Note8 formlng part of the fffjanelal Statements for the year ended 31 December 2023 3.0 Net movement in firndi for the year (eonlinued) 2023 2022 Depreciation Own&1 a88ets (Note 7.0) 2J32 3.109 4.0 Staff coth and number8 Staff c%>sts were as follows: . 2023 2022 stsff salarie8 PLwioll LX•sts 47,231 42,060 No anploye¢ earn more than £60,0(K), including b¢nefits, in eithff period. The avern8e nunts of full.tlme equivalent employ8 (including casual and part.time staffj thing the year was made w) as follows: . 2023 2022 Park Warden A&8i8tsnt Park Ward8 0.5 0.5 5.0 R¢lated party traDJactioDI and TruJtee8' remuneration and ¢xpen8e8 The Trustees all siv¢ fire]y tbeir lime and expoti8e and did not [c1Ve any forni of remuneration Tnts indamity insur totallin8 £1,382 (2022: . £1226) was paid on belmlf of the TnJ8tee8 during the year. No Tru8tee or othff persons related to the cbarity had any p¢r80nal intffest in any contract or transaction that the clwity etsed into in either perio 6.0 Taxathin Blundellsand8 Park Tht has charitsble 8tatll4 register1 Mllll 702619, and 18 Ilot 8thie4t to 12
BLUNDELLSANDS PARK TRUST Note8 forming part of the finanelal 8tatemellts for the year ended 31 December 2023 7.0 Tan8lble fixed Aiiets equlpment A8 at l January 2023 and as at 31 Decallber 2023 AS at l January 2023 61288 61288 As at 31 DeeAnber 23 Net book value A8 at 31 December 2023 A8 at 31 Decallb 2022 The charity had capits] comnlltments at 31 Der 2023 amounting to £Nil (2022: . £Nil). Debtor8 2023 22 2.886 379 2.417 Other debtors 9.0 CredltoTh: . amounts falling due within one year 2022 332 1,971 336 945 Other tsxe8 and PAYE Acuued expenses
BLIINDEILSANDS PARKTRUST Nots8 forming part of the fmancial statements for the year ended 31 December 20LI 10.0 Statement of fun Anats of movements In funds- current year Atl January 2023 Ineomlng Outgoing At31 Deeember 2023 Dated fundi Fired assetsfv General fun 9,327 12J32) 6.995 810 148 443 167310 157 770 Totsl funds Anatyjii of Jnovements In funds - prevlou8 year Atl JAnllary 2022 Ineomlng Outgolng At31 Deeember 2022 Dated fundi Ftsed ¢7&fetsfund General funth 12.436 (3.109) 9J27 152 686 TotAI fun FLred awtsfvnd_ This fund latifie8 th08e fjJnd8 tIt are not free fund8 as they reprt the net book value of taDgible fixed a88ets. G¢n¢ral fund8 - Theo¢ the free fund8 of the charity. wbith are not de8ign for any particular purpog 14
BLUNDELLSANDS PARK TRUST Notss forming part of the financlal statements for the year ended 31 Deeember 2023 I 1.0 Anal>Tl8 of net amets between fun fllnds fund8 Fund balan¢H at 31 Decemb•r 2023 are repreiented by: . Tan8ible fixal a88rt8 6.995 6,995 170.973 170.973 Totsl net a•ts Deil8nated General fundi Total Fund balanc at 31 Dee¢mber 2022 TaDgibl¢ fix1 a8fj¢ts 9.327 9,327 150.994 51 150,994 551 Total net aB8ets 12.0 Penslon comnthents The charity opffate8 a defin contiibution pension schem& The a88ets of the 8cheme are held 8q>arately from those of the charity. bein8 inveBted with illsur companies. PeJJ8ion costs charged in the Staterne of Financi Activitie8 repraent the conthl)ution8 payabl¢ by the charity in the year. At the balance sheet date unpaid Contnljutio of £112 (2022: . £116) weff due to the fim 15