CHARITY NUMBER - 803090 GOLD PARK, MUNDESLEY ANNUAL REPORT, FINANCIAL STATEMENTS AND AUDITOR'S REPORT FOR THE YEAR ENDING 31ST MARCH 2025 Page l of9
GOLD PARK, MUNDESLEY INFORMATION The Charity was registered with the Charity Commission in 1939 and re-registered on 22 May 1990 (Charity number 803090) with the objectives to provlde open space and pleasure grounds and gardens for the use of the public. Conveyance 24 April 1939 Charity Address The Old Fire Station Back Street Mundesley Norfolk NRII 8JJ Sole Trustee Mundesley Parish Council Independent Examiner BH Accounting Services 25 Harvest Way Harleston Norfolk IP20 9GE Page2 of 9
GOLD PARK, MUNDESLEY REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDING 31st MARCH 2025 Contents Page Trustees, Annual Report Independent Examiners Report Receipts and Payments Account Balance Sheet Notes to the Accounts Page 3 of9
GOLD PARK, MUNDESLEY TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2025 The Trustees present their report and accounts for the year ending 31st March 2025. Strurture. governance and management The charlty's governlng document Is Its constltutfon adopted 24 Aprll 1939. The Charlty was registered in 1939 and re-registered with the Charity Commission on 22 May 1990 (charity number 803090). The charity's objectives are to provide open space and pleasure grounds and gardens for public use. Income is generated by raising funds from car parking. Financial revlew and reserves pollcy During the year income has amounted to £116,234 in comparison to the prior year of £51,897. Payments amounted to £104,904 (2024: £44,412). Funds at 31 March 2025 were £75,977 (2024: £64,648). Although there is no formal policy in place the charity reviews the level of funds available on a regular basis. Achlevements and performance The charity owns and maintains, for public benefit, Gold Park, a free to use public park located in Mundesley. The activlty has continued throughout the year, as did the car park income from Gold Park. Activities in the year included: maintenance of the park, repalrs to the Play Area and free events for the public, including a Platinum Jubilee Party and an Outdoor Cinema. Publlc Benefit The Trustees confirm that they have complled wlth thelr duty to have due regard to the guidance on public benefit published by the Commisslon in exercising their powers or duties. This re rtwa approved by the Committee and signed on their behalf by: eynolds, f and behalf of the sole Trustee, Mundesley On Sea Parish Council Date: iJ7J 2oZs Page 4 of9
B HACCOUNnNG SERVICES 25 Harvest Way Harleston Norfolk IP20 9GE Tel: Mobile: 07742 327755 Proprietor: Brenda Hoskins The Trustees Gold Park Mundesley Norfolk NRII 8JJ 16th June 2025 To the Trustees of Gold Park This is to confinn that I have carried out the annual audit of the accounts. I found the paperwork detailed and transparent. Everything was in good order. Thank you to the trustees for appointing me and to Christopher for his assistance. Kind Regards Brenda Hoskins Page S of9
B H Accounting Services 25 Harvest Way Harleston Norfolk IP20 9GE 07742327755 16th June 2025 The Trustees for Gold Park Internal Audit for the year ending 31st March 2025 I have carried out the Audit in accordance with Charity Commission CC32 requirements. I have audited the following from the books and records supplied to me. l. Proper Bookkeeping I checked the payments and receipts from the cashbook to the invoices/documentation. Also checked the payments and receipts with the bank statements. Reviewed invoices for unusual items. 2. Budgetary Controls Has been carried out. 3. Income Controls Reviewed receipt of NNDC car park share and other income during the year. 4. Payroll Controls Not applicable. 5. Asset Controls Not applicable. 6. Bank Reconciliation A bank reconaliation has been carried out. I have found the records to be satisfactory. I should like to take this opportunity to thank Christopher for his co-operation with the internal audit and the Trustees for appointing me. Yours faithfully Brenda Hoskins Page 6 of9
GOLD PARK, MUNDESLEY RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31 MARCH 2025 2025 2024 RECEIPTS Car Park Income Park Hire Interest Events Admin (Refunds Electric/Water Costs) VAT (received) 113,823 430 1,908 40 33 37,882 200 964 12,765 11 75 TOTAL RECEIPTS 116.234 51,897 PAYMENTS Admin, including professional fees and insurance Bank Charges Events Playground Maintenance General Malntenance Utility costs (Elertric & water) Refund of deposits Park Hire VAT (paid) 20,467 103 2,125 40,160 30,973 1,086 12,051 160 9,287 14,215 5,063 695 200 2,741 9,991 TOTAL PAYMENTS 104,904 44412 Poge 7of9
GOLD PARK, MUNDESLEY STATEMENT OF ASSETS AND LIABILITIES (BALANCE SHEET) AS AT 31 MARCH 2025 CURRENT ASSErs 2025 2024 Cash held by Mundesley On Sea Parlsh Councll Cash held Current Account Cash held Savings Account 7,132 68,872 16,684 47,964 Total Cash Funds 76,004 Ear Marked Reserves (Estimated expenditure for the repair and renewal programme for Gold Park Playground Equipment in the region of £60K) General Reserves 50,000 48.000 20,000 16,648 The Charity owns buildings and equipment located at the park and equipment at the children's playground. Mundesley Parish Council owns the land. We approve the financial statements on pages 7 to 8. B Reynolds, for and behalf of the sole Trustee, Mundesley On Sea Parish Council Date: Page8 of 9
GOLD PARK. MUNDESLEY NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 MARCH2025 l. General Notes Basis of accounting: The accounts have been prepared on a receipts and payments basis; accordingly no account15 taken of amounts payable or receivable at the period end. The charity accounting records and funds have been separated from the accounts of Mundesley On Sea Parish Council, Gold Park has its own separate bank accounts. 2. Contributions to Mundesley On Sea Parlsh Councll to Operate Gold Park Gold Park pays a contribution to Mundesley On Sea Parish Council towards the cost of insurance, administration and office costs. 3. Staff Costs The charity currently employs no staff. As such no employee was paid over £60,000 in the current or preceding year. Page 9 of9