BLUNDELLSANDS PARK TRUST REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Registered Charity Number: _ 702619
BLUNDELLSANDS PARK TRUST Contents Page Legal and administrative information Trustees Report and Statement of Trnstees Responsthilities Independent Examlners Report Ststement of Financial Activities Balance Sheet Notes forming part of the financial ststements 9-15
BLUNDELLSANDS PARK TRUST Legal and administrative inforniatio Board of Trustees Mrs G Johnston - Chairperson D S Evans Mrs K Parslew N C Scarborough Park Warden P S Anglesea Working Name The Key Pa Reglstered Cbarlty Number 702619 Charity Office POBox8 Liverpool L23 3YX Independent Examiller Mr C saWY FCCA Sawyer Quine & Co Chartered Certified AceA)untants 202 Merlin Parf( Ringtail Road Burscough Orniskirk Lancashirc L40 8JY Bankers The Royal Bank of Scotland Liverpool Group of Branches l Dale Street Liv¢rpool L2 2PP
BLUNDELLSANDS PARK TRUST Trustees Report for the year ended 31 December 2024 The Trustees are pleased to present th¢ir report together with the financial statements of the charity for the year ended 31 December 2024. and adn]inistrative inforntIon set out on page one forn part of this report. The financial statements comply with current statutory requirements, the constltution of the charity and the Statement of Recommended Practice- Acwunting and Reporting by Charities. Strnctllrey government and management Governing document Blundellsands Park Trust is a giSt¢d d]arity, number 702619, and is governed by a Tn]st Deed dated 27 July 1905. Appointment of Trugtees TruStS ar¢ appointed by the Blundell family. Trustee induction and training The TteeS work within the guidelines of the Trust Deed, but there is not a forn]al training or induction process in place. Boardfvnctioning The Trustees meet approximately once every month or as needed throughout the financial year to review and to update the position of the charity. Membership Membership is open to those residents who qualify under the tenns of the Tnt D¢ed. Membership is by annual subscription. Risk management The Trustees have examined the major strategic, busin&ss and operational risks which the charity may face and confllin that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. Organisational structure Overall responsibility for policy and the dir¢ction of the charity rests with the Board of Trustees who administer the charity on a voluntary basis. The Trusteas have employed a full time Park Warden who is responsible for the day-to-day upkeep and maintenance of th¢ park amenities. He is supported by a number of Assistant Park Wardens. Objectives and activltles The key objectives and activities of the clwity are: _ '0 rnaintsin the said land within the beneficial area as gardens or open spaces for the use and benefit of such of the inhabitants of Blundcllsands aforesaid as shall pay in respect of each house inhabited by them
BLUNDELLSANDS PARK TRUST Trustees Report for the year ended 31 December 2024 Objectlves and activities (conlinued) the annual sum of onc pound one shilling or such other annual sum the Tnts with the consent of the said William Joseph Blundell or bis SucsS0rS in titl¢ shall fix." Public benefit The Trustees have considered the Charity Con]mission guidance regarding public benefit and are content that the charity has met the requirements as a result of the objectivas and activities described above. Aehievements and performance Blundellsands Pa Trust was established over one hundred years ago when the Park was put in trust for the benefit of the residents of Blundellsands by the Blundell family of Crosby Hall. It continues to provide a valued amenity to its local con]munity using monies gained through mellthersbip. This is a place of natural beauty and a Site of IK)cal Biological Interest. The PTimary objective of the Trnstees is to continu¢ to maintain it to a high standard so that member4 both now and in the futur¢, can filY enjoy its benefits. We are most fortunate that Paul Anglesea cnntinues in the role of Warden (a fidl-time SitiOn) and is ably assisted by Assistant Warden Vince Bennett (works for two days per week). They make an excellent team and their hard work and dedication to keeping standards high is reflected in the beautiful place that the Park continu¢s to be. tn June we welcom¢d Maureen Quadrio who took over as W¢¢k¢nd Warden, a role which Vince had undertaken since July 2023. Maure¢n very quickly became a much valued m¢mber of the t¢am and her love of the Park is clearly evident. The Trnstees are grateful to Vince who did a gr¢at job as Weekend Warden. The many aspects of health and safety in the Park are of great importance tr) the Trustees including tree maint¢nance. We continue to use the services of Stnps Away, specialist contractors who each year carry out a survey to assess the state of the trees. Any dead trees, or trees deemed to present a danger to the members, are removed. This is subject to any necessary pennAssion from Sefton Council's Tree Officer given that we are in a conservation are& We also have a tree planting programm¢ and aim to replace trees which are removed with trees that are indig¢nous to the area. All mechanical equipment used in the Park is rnaintained and serviced as per the manufacturers, recommendations. Our Wardens also undertake the necessary saf¢ty courses to enable them to meet the requirements of our Health and Safety Policy. The children's play area remains hugely popular with our younger members whose h¢alth and safety is imwrtant to us. The play equiprnent is checked daily making sure it is in good order and safe to use. The ¢quipment is also inspected annually by Playdale, a company of independent specialist contractors in this field who service the equipment wh¢re necessary. The TrUStS will continu¢ to upgradc and renew play equipment when appropriate. As is now customary, key cl]ang¢ took place in September and evetyhing ran according to plan. Our aim is to carry out key change as smoothly and efficiently as possibl¢ and judging by th¢ feedback received from m¢mb¢rs, ¢v¢ryone appeared happy with their experience. It is always a pleasure for Trustees to
BLUNDELLSANDS PARK TRUST Trnstees Report for the year ended 31 December 2024 Aehlevements and performance (conthiued) meet rnembers at this time and especially enLx)uraging to h¢ar how w¢ll loved th¢ Park and its facilities are. The numbers of people wishing to become members continues to grow, which indicates just what a pr¢cious r¢sourc¢ th¢ Park is. We are wteful that each year at key change we often receive voluntary donations from members which help with the upkeep of the Park. The TnteeS are very grateful for these donations especially as wsts continue to rise. We remain committed to using funds wisely and providing members value for money without MprOMIS1n8 on the high standard we set ourselves in keeping these surroundings as wonderful as they are. Investmellt powers Under the Constitutio the charity has the power to make any investment, using the unrestricted general funds, which the Tnlstees see fit. Financial review Th¢ principal funding sourc¢ for the charity during the year was by way of subscriptions received from its members. Th¢ ¢xp¢nditur¢ in th¢ year supported the k¢y charitable objectives by enabling the charity to continu¢ to successfully develop and maintsin the Park to a high standard. The results for the year are shown in the Statement of Financial Activities on page Seve exp¢nditur¢ during the year has been within budget which has resulted in a surplus being generateiL The charity's Balance Sheet as detail¢d on page eight shows a satisfactory position with net assets amounting to £197,621. This consists of designat¢d funds of £5.246 for specific future purposes as set aside by the Trustees out of unrestricted general funds and unrestricted general funds of £192,375, for the g¢n¢ral running of the charity. Reserves policy The Trustees consider that a large accumulated fund is required due to the nature of the ¢lrIty,s expenditure. Maintenance costs vary each year, and periodically larg¢ svms of ¢xp¢nditure are required to fund renewals and improvements and to purchase capital equipment within the Park. The Trustees review the general reserves of the charity on an annual basis taking into account the level of anticipated expenditure rquired in the MIng year to continue their policy of maintainin& d¢v¢loping and enhancing the Park. The Trustees have des]lated £5,246" this fLmd identifies those funds that are not fr¢¢ funds as they represent the net book value of tangible fixed ass¢ts.
BLUNDELLSANDS PARK TRUST Trustees Report for the year ended 31 December 2024 Plans for future developments The Trustees arc vy LnScIOUS of their duty to help prerve such a beautiful space for future generations. Th¢y are firnily conllnitted to help rnaintain and preserv¢ the nature and wildlife of the Park so that everyon4 both now and in the future, can enjoy it at its besL Statement of Trllstees Responslblllties Charity law requires the Trustees to prepare financial statan¢nts for each financial year which give a true and fair view of the state of affairs of the charity at the year end and of its incoming resources and resources expended during that year. In preparing those financial ststements the Trustees ar¢ required to: _ select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prndent; and prepare the financial statements on the going (x)ncem basis unless it is inappropriate to pr¢sumc that th¢ charity will continu¢ in busin¢ss. The Trustees are responsible for keepÉng proper aceA)unting records which disclose with reasonable accuracy at any tim¢ the fmancial position of th¢ charity and cnable them to ensure that the financial statements comply with 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. Independent Exajnlner Mr C Sawyer FCCA of Sawyer Quine & Co, Chartered C¢rtifi¢d Accountants, has offered himself for re- appointment as Independent Examiner to the charity. Approval This report was approved by the Board of Trustees on 30 October 2025 and Sied on their behalf. Mrs G JOIst0 Chair erson
BLUNDELLSANDS PARK TRUST Independent Examiners Report to the Trustees of Blundellsands Park Trust I rq)ort on the accounts of Blundellsands Park Trust for the year ended 31 December 2024, which are set out on pages seven to fifteen. Responsibilities and basls of report As the charity Trustees you are responsible for the preparntion of the accounts in accordance with the requirements of the Charities Act 2011('the Act.). I report in respect of my examination of the TrStee's accounts cauied out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission und¢r scction 145(5)(b) of th¢ 2011 Ad. Independent Examlner's statement I have Complet my examination. I confirnl that no material matters have come to my attention in comiection with the examination giving me cause to believe that in any material respect: _ (i) (2) (3) accounting r¢cords w¢re not kept as rquired by section 130 of the Act. or the accounts do not accord with those records" or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (A¢untS 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 examinatson. I have no concerns and have come across no other matters in comiection with the examination to wbicb attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr C Sawyer FCCA Sawyer Qulne & Co Chartered Certified Accountants 202 Merlin Park RAngtail Road Burscough Onnskirk Lancashire L40 8JY Date: _ 30 October 2025
BLUNDELLSANDS PARK TRUST Statement of Financial Activities for the year ended 31 December 2024 Total funds 2024 Total funds 2023 restricted funds Note Income Donations: _ - Individuals and organisations Income from charitable activities: _ - Subscriptions received Other trading activities: _ - Rent received Inrne from investments: _ - Interest receivable on bank deposits 2,052 2,052 100 100,599 100,599 89,764 3.900 3,900 3,900 Total income 108 588 108 588 Expenditsre Expenditure on charitable activities 78 Total expenditure 78 Net income and net movement in funds for the year 23J16 23,316 I635 Reconciliation of funds Total funds at l January 2024 10 174 305 174 305 157 770 Total funds at 31 December 2024 10 The Statement of Financial Activities contains all gains and losses recognised in the year. All incoming resources and resources expended derive from LX)ntinuing activitics. The accornpan)ing accounting policies and notes forni an integral part of thes¢ fllW]cial ststffli¢nts.
BLUNDELLSANDS PARK TRUST Balance Sheet as at 31 December 2024 Note 2024 2023 Fixed assets Tangible fixed assets 5,246 6,995 Current assets Debtors Cash at bank 3,055 191814 194 869 3,265 167 708 170973 Credltors: _ amounts falling due within one year Net current assets 192 375 167 310 Net assets 11 Funds Unrestrlcted funds D¢signat¢d funds General funds 10 10 5,246 192 375 6,995 167 310 174305 Total funds 10 Approved by the Board of Trustees on 30 October 2025 and Sied on their behalf. D S Evans Trustee
BLUNDELLSANDS PIIRK TRUST Notes forming part of the finallcial statements for the year ended 31 December 2024 Accountlng pollcles Basis of preparadon of aecounts The financial statements have been prepared under the historical cost convention with items recognised at (x)st or transaction value unless otherwise stated in the relevant not¢ to thes¢ financial statements. The financial statements have been prepared in accordance with the Charities Act 2011 and the Statement of RecAimmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Rq)ublic of Jreland (FRS 102) (Effective l January 2015). The charity constitutes a public benefit entity as defined by FRS 102. The presentation currency of the financial statements is the Pound Sterling (£). The Trustees consider that there are no material uncertainties about th¢ charity's ability to continue as a going concern. Income recogllition All incoming resourc¢s ar¢ included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policles are applied to particular categori¢s of incom¢". - voluntary income is ree£iveAI by way of donations and is Includ in the Statement of Financial Activities wh¢n receivable; income from charitsble activities, which comprises subscrlptions. ¢xcluding any VAT. is re¢J)Ised in full in th¢ Stat¢m¢nt of Financial Activities in the year in which it is receivable. incorne from other trading activities, which comprises sponsorship and rent receiv&L is accounted for on a receivable basis" and investment incom4 comwising of interest on bank dq)osits, is accounted for on a receivable basis. Expendithre recognition Expenditute is rQgnised on an accruals basis as a liability is incuffed. Expenditure includes any VAT wbith cannot be fully recovere(L and is reported as part of the expenditure to which it relates. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated direclly; others are apportioned on an appropriate basis. These estimates are based on staff time.
BLUNDELLSANDS PARK TRUST Notes forming part of the financlal statements for the year ended 31 December 2024 Accounting policies (continued) 1.4 Tangible fixed assets and depreciation Individual fixed assets eA)sting £500 or more are capitslised at cost, including any incidental expenses of aL4uisition. Tangible fixed assets are depreciated over their estimated useful lives as follows: _ Plant and quipment 251/1 o reducing balance basis Fund accounting Funds held by the charity are either: _ Deslgnatedfunds - these are funds set aside by the Trustees out of unrestricted general funds for specific future purp)ses or projects: and Unrestricted generalfUn - these are funds whAch can be used in accorthce with the charitable objects at the discretion of the Trustees. Further explanation of th¢ nature and purpose of each fund is included in th¢ notes to the financial ststements. Penslon eosts The charity operates a defined contribution pension schem¢. Contributions payable for the year are charged in the Statement of Financial Activities. 10
BLUNDELLSANDS PARK TRUST Notes forming part of the financial statements for the year ended 31 December 2024 Expendlture on charitable activities Total funds 2024 Total funds 2023 restrlcted funds Provision of Park amenities: . Staff salaries and c£)sts Rates and water Insurance Heat and light Telephone and int¢rnct charg¢s Post and stationery Advertising General park and equipment maintenance Key renewals Computer maintenance Health and safety costs Staff uniforn]s and protective clothing Sundry expenses D¢pr¢ciation 44,911 2,859 2,358 1,043 239 387 44,911 2,859 2,358 1,043 239 387 44,539 2,527 2,220 612 218 425 89 12,017 3,428 1.012 455 167 540 18,833 3,591 1,419 338 356 615 18,833 3,591 1,419 338 356 615 Managing and administering the eharity: _ Clerical assistance Trustees insurance Accountancy Legal and professional fees Bank charges 3,200 1,481 1,000 480 413 3,200 1,481 1,000 480 413 3.270 1,382 1,000 2.042 TotaI expenditure on charitable activities Net movement in funds for the year The net movement in funds for th¢ year is ststed after charging: . 2024 2023 Staff salaries (Note 4.0) AcntanCY fees Independent examination of the financial stat¢m¢nts Othw sViCeS 48,111 47,809 1,000 480 603 11
BLUNDELLSANDS PARK TRUST Notes forming part of the financial statements for the year ended 31 December 2024 Net movement In funds for the year (Continued) 2024 2023 Depreciation Owned assets (Note 7.0) 1,749 2,332 4.0 Staff costs and numbers Staff costs were &s follows: _ 2024 2023 Staff salaries Pension costs 47.474 637 47,231 578 No ffliployee earn more than £60,000, including benefits, in eAther period. The average number of full-time equivalent employees (including casual and part-time staffj during the y¢ar was made up as follows: _ 2024 2023 Park Warden Assistant Park Wardens Adrninistration Related party transaedons and Trustees, remuneration and expenses The Trustees all give freely their time and expertise and did not receive any forn] of ranun¢ration or other benefit in cash or kind, nor reirnbursal expenKs in ¢ither period. Trustee indemnity insurance totalling £1,481 (2023: _ £1,382) was paid on behalf of the Tntee8 during the year. No Trust¢¢ or other p¢rsons relat to the charity had any personal interest in any contract or transaction that the charity entered into in either period. Taxation Blundellsands Park Trust has charitable ststus, registeral numb¢r 702619, and is not subject to taxation by HM Revenue and Customs. 12
BLUNDELLSANDS PARK TRUST Notes forming part of the financial statements for the year ended 31 Deeember 2024 Tangible fixed assets Plant equlpment Totsl Cost As at l January 2024 and as at 31 December 2024 Depreciation As at l January 2024 Ch8rge for year As at 31 December 2024 63,620 63,620 Net book value As at 31 December 2024 As at 31 December 2023 The charity had capitsl commitments at 31 December 2024 amounting to £Nil (2023: _ £Nil). Debtors 2024 2023 Prepayments Other debtors 3,055 2,886 379 Creditors: _ amounts falling due within one year 2024 2023 Other creditors Other tsxes and PAYE Accrued expenses 127 1,007 332 1,971 13
BLUNDELLSANDS PARK TRUST Notes forming part of the financial statements for the year ended 31 December 2024 l 0.0 Statement of fid8 Analysis of movements in funds- current year Atl January 2024 Incoming Outgoing At31 Ikcember 2024 Designated funds Fiyed assetsfvnd General funds 6,995 167 310 (1,749) 5,246 192 375 108 588 Total unrestricted funds 174 05 108 588 197 621 Total funds Analysis of movements in funds - previous year Atl January 2023 Incoming Outgoing At31 December 2023 Deslgnatsd funds Fired etsfUnd General funds 9,327 (2.332) 6,995 167310 Total unrestricted funds 157 770 78 75 174 94 810 LLI 05 Total funds Fired assetsfund- This fund identifies those funds that are not free funds as they represent the net book value of tangible fixed assets. General funds - These represent the free funds of the charity, which are not desiated for any particular purposes. 14
BLUNDELLSANDS PARK TRUST Notes forming part of the financial statements for the year ended 31 December 2024 I 1.0 Analysis of net assets between fullds Current year Deslgnated nds General funds Total funds Fund balances at 31 December 2024 are represented by: . Tangible fixed assets Cumt assets Creditors 5246 5,246 194,869 194,869 Total net assets Previous year Deslgnated funds General funds Total funds Fund balances at 31 December 2023 are represented by: . Tangible fixed assets Current assets crltorS 6,995 6,995 170,973 170,973 Totsl net assets 12.0 Pension conunRtments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity, being invested with Insu¢¢ companies. Pension costs harged in the Stat¢m¢nt of Financial Activities represent the contnbutions payable by the charity in the year. At the balance sheet date unpaid contributions of £127 (2023: _ £112) were due to the fund. 15