IRIS Accounts Production v19.1.1.57 Other Company accounts True False Pounds 1.10.17 30.9.18 30.9.18 FY Mr. M. J. Pegg Mr. M. J. Pegg FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP True True True True True False True False True iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 04291933 2017-09-30 04291933 2018-09-30 04291933 2017-10-01 2018-09-30 04291933 2016-09-30 04291933 2016-10-01 2017-09-30 04291933 2017-09-30 04291933 ns0:CharitableCompanyLimitedByGuarantee 2017-10-01 2018-09-30 04291933 ns15:PoundSterling 2017-10-01 2018-09-30 04291933 ns0:Trustee1 2017-10-01 2018-09-30 04291933 ns11:FRS102 2017-10-01 2018-09-30 04291933 ns11:IndependentExaminationCharity 2017-10-01 2018-09-30 04291933 ns11:LargeMedium-sizedCompaniesRegimeForAccounts 2017-10-01 2018-09-30 04291933 ns11:FullAccounts 2017-10-01 2018-09-30 04291933 ns11:CharitiesSORP 2017-10-01 2018-09-30 04291933 ns16:EnglandWales 2017-10-01 2018-09-30 04291933 ns11:RegisteredOffice 2017-10-01 2018-09-30 04291933 ns0:Trustee2 2017-10-01 2018-09-30 04291933 ns0:Trustee3 2017-10-01 2018-09-30 04291933 ns0:Trustee4 2017-10-01 2018-09-30 04291933 ns0:Trustee5 2017-10-01 2018-09-30 04291933 ns0:Trustee6 2017-10-01 2018-09-30 04291933 ns0:TotalUnrestrictedFunds 2017-10-01 2018-09-30 04291933 ns0:TotalRestrictedIncomeFunds 2017-10-01 2018-09-30 04291933 ns0:Activity8 2017-10-01 2018-09-30 04291933 ns0:Activity8 ns0:TotalUnrestrictedFunds 2017-10-01 2018-09-30 04291933 ns0:TotalRestrictedIncomeFunds ns0:Activity8 2017-10-01 2018-09-30 04291933 ns0:Activity8 2016-10-01 2017-09-30 04291933 ns0:TotalUnrestrictedFunds 2017-09-30 04291933 ns0:TotalRestrictedIncomeFunds 2017-09-30 04291933 ns0:TotalUnrestrictedFunds 2018-09-30 04291933 ns0:TotalRestrictedIncomeFunds 2018-09-30 04291933 ns10:WithinOneYear ns0:TotalUnrestrictedFunds 2018-09-30 04291933 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2018-09-30 04291933 ns10:WithinOneYear 2018-09-30 04291933 ns10:WithinOneYear 2017-09-30 04291933 2 2017-10-01 2018-09-30 04291933 ns0:TotalUnrestrictedFunds 2016-10-01 2017-09-30 04291933 ns0:TotalRestrictedIncomeFunds 2016-10-01 2017-09-30 04291933 ns0:Activity8 ns0:TotalUnrestrictedFunds 2016-10-01 2017-09-30 04291933 ns0:TotalRestrictedIncomeFunds ns0:Activity8 2016-10-01 2017-09-30
REGISTERED COMPANY NUMBER: 04291933 (England and Wales)
REGISTERED CHARITY NUMBER: 1094149















REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018
FOR
SPOUT YARD PARK MANAGEMENT TRUST LIMITED

SPOUT YARD PARK MANAGEMENT TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 9


SPOUT YARD PARK MANAGEMENT TRUST LIMITED (REGISTERED NUMBER: 04291933)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2018
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 30 September 2018. The trustees have adopted the provisions
of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2015).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The object for which company is established are to provide a park for the use of and benefit of the inhabitants of Louth
and District without distinction of sex or of political religious or other opinions for the advancement of education and the
provision of facilities in the interest of social welfare or recreational and leisure-time occupation with the object of
improving the conditions of life for the said inhabitants.

Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and
complied with section 17(5) of the 2011 Charities act when reviewing our aims and objectives and in planning our future
activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have
set.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The activities of the charity is provision of a recreational park in Louth.

FINANCIAL REVIEW
Financial position
The free reserves of the charity at the balance sheet date are £15,624 (2017-£14,559).

Reserves policy
Reserves are regularly monitored to ensure they meet the requirements for the charity to continue to operate.

FUTURE PLANS
The future plans are to continue to provide a recreational park in Louth.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a
company limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
The charity seeks to appoint trustees from persons who share the same ethos. It seeks to identify those most suitable to
bring a balance of skills or strengths to the board.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04291933 (England and Wales)

Registered Charity number
1094149

Registered office
Spout Yard Park Ludgate
LOUTH
LN11 0NW

Trustees
Mr. M. J. Pegg
Mrs. J. L. Mackett
Mr. J. A. Drake - resigned 26.4.18
Mr. D. A. Latimer-Russell - resigned 11.11.18
Mrs G. C. Jackson
Mr. N. P. Jones - appointed 1.10.18


SPOUT YARD PARK MANAGEMENT TRUST LIMITED (REGISTERED NUMBER: 04291933)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2018
REFERENCE AND ADMINISTRATIVE DETAILS
Independent examiner
H. J. Spauls F.C.A
12 Abbey Road
GRIMSBY
DN32 0HL

Approved by order of the board of trustees on 17 June 2019 and signed on its behalf by:



Mr. M. J. Pegg - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SPOUT YARD PARK MANAGEMENT TRUST LIMITED (REGISTERED NUMBER: 04291933)
Independent examiner's report to the trustees of Spout Yard Park Management Trust Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended
30 September 2018 .

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached







H. J. Spauls F.C.A
12 Abbey Road
GRIMSBY
DN32 0HL


17 June 2019

SPOUT YARD PARK MANAGEMENT TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2018
30.9.18 30.9.17

Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 973 6,284 7,257 210
Charitable activities
Core 4,111 - 4,111 3,570
Total 5,084 6,284 11,368 3,780

EXPENDITURE ON
Charitable activities
Core 4,019 - 4,019 5,251
NET INCOME/(EXPENDITURE) 1,065 6,284 7,349 (1,471 )
RECONCILIATION OF FUNDS

Total funds brought forward 14,559 - 14,559 16,030
TOTAL FUNDS CARRIED FORWARD 15,624 6,284 21,908 14,559

SPOUT YARD PARK MANAGEMENT TRUST LIMITED (REGISTERED NUMBER: 04291933)
BALANCE SHEET
AT 30 SEPTEMBER 2018
30.9.18 30.9.17

Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
Notes £    £    £    £   

CURRENT ASSETS
Debtors 5 163 - 163 -
Cash at bank and in hand 15,701 6,284 21,985 14,799
15,864 6,284 22,148 14,799

CREDITORS
Amounts falling due within one year 6 (240 ) - (240 ) (240 )

NET CURRENT ASSETS 15,624 6,284 21,908 14,559
TOTAL ASSETS LESS CURRENT LIABILITIES 15,624 6,284 21,908 14,559
NET ASSETS 15,624 6,284 21,908 14,559
FUNDS 7
Unrestricted funds 15,624 14,559
Restricted funds 6,284 -
TOTAL FUNDS 21,908 14,559
The charitable company is entitled to exemption from audit under
Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended
30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 17 June 2019 and were signed on its behalf by:




Mr. M. J. Pegg - Trustee

SPOUT YARD PARK MANAGEMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102 updated by bulletin 1) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention.


Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the use
of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.9.18 30.9.17
£    £   
Independent examiners fee 240 240

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2018 nor for the year
ended 30 September 2017 .

Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2018 nor for the year ended
30 September 2017 .

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES


Unrestricted
funds
Restricted
funds
Total
funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 210 - 210
Charitable activities
Core 3,570 - 3,570
Total 3,780 - 3,780

SPOUT YARD PARK MANAGEMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2018
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
funds
Restricted
funds
Total
funds
£    £    £   

EXPENDITURE ON
Charitable activities
Core 5,251 - 5,251
Total 5,251 - 5,251
NET INCOME/(EXPENDITURE) (1,471 ) - (1,471 )
RECONCILIATION OF FUNDS

Total funds brought forward 16,030 - 16,030
TOTAL FUNDS CARRIED FORWARD 14,559 - 14,559

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18 30.9.17
£    £   
Other debtors 163 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18 30.9.17
£    £   
Other creditors 240 240

7. MOVEMENT IN FUNDS



At 1.10.17
Net movement
in funds

At 30.9.18
£    £    £   
Unrestricted funds
General fund 12,049 (764 ) 11,285
Designated Fund 2,510 1,829 4,339
14,559 1,065 15,624

Restricted funds
Shade fund Co-op funding - 6,284 6,284

TOTAL FUNDS 14,559 7,349 21,908


SPOUT YARD PARK MANAGEMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2018
7. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Movement in
funds
£    £    £   
Unrestricted funds
General fund 3,255 (4,019 ) (764 )
Designated Fund 1,829 - 1,829
5,084 (4,019 ) 1,065

Restricted funds
Shade fund Co-op funding 6,284 - 6,284

TOTAL FUNDS 11,368 (4,019 ) 7,349


Comparatives for movement in funds


At 1.10.16
Net movement
in funds
Transfers
between funds

At 30.9.17
£    £    £    £   

Unrestricted Funds
General fund 15,620 (2,221 ) (1,350 ) 12,049
Designated Fund 410 750 1,350 2,510
16,030 (1,471 ) - 14,559

TOTAL FUNDS 16,030 (1,471 ) - 14,559
Comparative net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Movement in
funds
£    £    £   
Unrestricted funds
General fund 3,030 (5,251 ) (2,221 )
Designated Fund 750 - 750
3,780 (5,251 ) (1,471 )

TOTAL FUNDS 3,780 (5,251 ) (1,471 )

A current year 12 months and prior year 12 months combined position is as follows:



At 1.10.16
Net movement
in funds
Transfers
between funds

At 30.9.18
£    £    £    £   
Unrestricted funds
General fund 15,620 (2,985 ) (1,350 ) 11,285
Designated Fund 410 2,579 1,350 4,339

Restricted funds
Shade fund Co-op funding - 6,284 - 6,284
TOTAL FUNDS 16,030 5,878 - 21,908


SPOUT YARD PARK MANAGEMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2018
7. MOVEMENT IN FUNDS - continued


A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Movement in
funds
£    £    £   
Unrestricted funds
General fund 6,285 (9,270 ) (2,985 )
Designated Fund 2,579 - 2,579

8,864 (9,270 ) (406 )

Restricted funds
Shade fund Co-op funding 6,284 - 6,284
TOTAL FUNDS 15,148 (9,270 ) 5,878
8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2018.