Registered number
07207520
Friends of Pelican Park
Report and Financial Statements
31 March 2025
Friends of Pelican Park
Report and accounts
Contents
Page
Charity Information 1
Trustees' Report 2
Independent Examiner's Report 9
Statement of Financial Activities 10
Statement of Financial Position 11
Statement of Changes in Charitable Funds 12
Statement of Cash Flows 13
Notes to the Financial Statements 14
Detailed Statement of Financial Activities 20
Detailed Income and Expenditure Account 21
Friends of Pelican Park
Charity Information
Trustees
Jannette Hornby
Stephen Calvert
Kerry Louise Looker
Gemma Louise Hornby
Karl Turner
Independent examiners
Jacksons Chartered Accountants
First Floor, Albion House
Albion Street
Hull
HU1 3TE
Bankers
Virgin Money UK plc
30 St Vincent Place
Glasgow
G1 2HL
Registered office
Pelican Park Recreation Ground
Lambwath Road
Hull
East Yorkshire
HU8 0EE
Company number
07207520
Charity number
1161532
Governing document
Articles of Association and Memorandum dated 5 March 2010 supplemented by a Declaration of Trust dated 10 March 2010
Friends of Pelican Park
Company number: 07207520
Registered charity number: 1161532
Trustees' Report
for the year ended 31 March 2025
The trustees, who are also directors for the purposes of company law, present their report and financial statements for Friends of Pelican Park, a charitable company, for the year ended 31 March 2025.
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
This report is a combined annual report that also contains a directors’ report as required by company law.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Principal activities
The charitable company's principal activity during the year continued to be as a facility that offers multi-sport and learning activities to families, children, and young people in a safe playing environment.
Objectives and activities
The principal objectives and activities of the Charity are:
to offer multi-sport and learning activities to families, children and young people living within the City of Hull in a safe learning environment;
working in partnership with the SGB (Sport Governing Bodies), to increase opportunities to play sports or other physical activities in order to improve the health and well-being of all participants;
to work with the community, for the community, to increase participation and volunteering opportunities for people of all ages; and
to reduce health inequalities within our City.
Public benefit
We have referred to the Charity Commission’s general guidance on public benefit 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 we have set. We exist to serve all people in our community without discrimination. We strive to promote social welfare through the provision of facilities aimed at improving the social and physical wellbeing of those in our local community.
The Charity provides a safe working environment for visitors, members, workers and volunteers and any serious incidences are reported in accordance with our safeguarding policy. There were no serious incidents during the year ended 31 March 2025.
Fundraising
The Charity does not raise funds from the public in the form of donations – instead, the Charity raises funds by bidding for grant funding from charitable organisations and trusts. All fundraising is conducted by the Trustees.
We have received support from the following:
James Reckitt Charitable Trust
Hull & East Riding Charitable Trust
Nurture a Child
Two Riding Community Foundation
Feeding Britain
HAF – Holiday Activities Fund Hull City Council
Sport England
Lottery Community Fund
BBC Children in Need
PCC Funds
CHCPT
Hesslewood Children’s Trust
We held the following fundraising events:
Football Tournaments / Round Robins
Birthday Parties
Pie & Peas Bingo Night
Collection Boxes
Donations
Firework Display
Future fundraising
The Trustees have identified the need to organise an number of fundraising events in 2025/2026 to help raise funds for core/running costs due to high inflation costs such as electricity, water and the statutory minimum wage. The building also needs to be upgraded – it is nearing 10 years since it last was – and maintenance costs are starting to rise due to the number of participants and groups using the facilities.
The Trustees realise that the Charity cannot rely on grants only and that it needs to generate income in other ways to ensure long-term sustainability,
Activities during the year
The following activities were carried out during the year:
Pelican Rangers AFC – which includes 10 junior teams aged 6 to 16 years and 4 adult team all of which are both male/female players.
Tennis – with 4 courts available much of the tennis offered as pay as you play offering hire of rackets and balls. There are around 10 tennis members who pay an annual subscription to play as and when.
Youth Club – Stay on Side is funded by the Community Fund offering activities for children and young people to help create a safe environment for our local community. A wide range of sessions are delivered by qualified coaching staff/youth workers.
Holiday Clubs – these take part during school holidays throughout the year and are popular with children and young people aged 6-14 years. Sessions are base around sport and play, with a option for free play designed by young people, allowing them to contribute to the delivery of such activities.
Club 55 – for over 55s living in the local area and now in its 8th year, continues to be successful with over 45 members attending weekly session on a regular basis. Activities include arts, crafts, memory games, quiz afternoon, food, cooking, bingo, guest speakers and trips to various places of interest.
Lego Club has been going now for a year and is popular with 5-10 years old, who get to run wild with their imagination using Lego to create a wide range of models.
The Food Bank is still operating from Pelican Park, offering families with young children vital food resources and hygiene packs.
Family Christmas Hamper and Toy Appeal has been running for 6 years offering food hampers and toys to families working in partnership with local Primary and Secondary Schools. Christmas 2024 we delivered 287 food hampers and 734 toys.
Family Learning Days funded by the BBC Children in Need has been a successful project, working with families and their children who need that extra help on how to lead a healthier lifestyle and cook on a budget.
Go-carting a Pelican Park is ideal for children 11 years old or older, who want to get involved in something differed with go-carts and quad bikes that are set-up in the MUGA area with a full obstacle track set-up for them to use.
Birthday Parties at Pelican Park continue to take part, which are starting to grow over the years. These sessions offer coaching staff the opportunity to develop skills and contribute to community events.
Firework Display – now in its 3rd year is always a popular one, with a fireworks display, food, stalls and fun for all the family.
Football Tournaments are a way of raising vital funds to help maintain the football pitches and football at Pelican Park.
Pelican Community Gym offers low-cost gym sessions for the local community with cardio machines and weights.
Team Building Days – for local businesses are offered using all the facilities and again ideal to raise funds towards running costs.
School Tennis Days – working in partnership with Active Hull and local schools developing strong links for the future.
School Sports Day – working in partnership with local primary schools who do not have the facilities to organise and deliver a full sports day for children and young people.
Community Support
The Charity continues to support the local community through the Food Bank, Warm Zone and Hot Meals to families who are struggling due to the cost-of-living crisis and a hike in fuel bills.
Although the Charity states it only offers food/meals to families, there have been a few circumstances where support has been needed for senior citizens and the homeless.
Sessions for the New Year:
Walking Football for the over 55's;
Table Tennis Club for the over 55’s;
Mid-Week Roasty Club offering a full roast dinner for our senior citizens;
Twilight Sessions for young people aged 11 and older; and
Study Support Unit for young people who are struggling in mainstream education.
Financial review
Principal sources of funding
The largest contribution to the Charity is grants from trusts and other charitable organisations.
Financial review
The Charity incurred a deficit of £57,278 for the financial year.
At 31 March 2025, the Charity held total funds of £151,518 – that is, £82,136 cash at the bank and in hand; £1,320 in debtors, prepayments and accrued income; £2,805 in the value of stock held at the year-end; £67,751 in the value of fixed assets; less creditors of £2,494. £148,856 of the total funds held at 31 March 2025 were restricted funds. This, in all, is considered to be an appropriate level of funds to enable the Charity to pursue its objectives – that is, once administrative expenses (£138,169) have been deducted from this year's income from charitable activities (£45,160), and other operating income (£49,388), there is still enough cash in hand and cash at bank left (£38,515) to cover the Charity's expenditure on charitable activities this year, £15,019.
Reserves policy
A sufficient cash reserve is held in order to provide the working capital needed to cover seasonal fluctuations in the Charity’s income and expenditure and to fulfil its day-to-day obligations. When deciding on the level of these reserves (that is, those funds not tied up in fixed assets), the Trustees take into consideration the forecasted levels of income and expenditure, the reliability of each source of income, and the prospect of new sources of income.
It is the trustees’ view that it is prudent to maintain the forecasted level of reserves to allow for financial flexibility and stability in light of the Charity’s dependence on grant funding.
Investment policy
The trustees have adopted a strong, socially-responsible investment policy for the reserves of the Charity. This policy, in tandem with the need to fulfil our statutory obligations, has the objective of investing in such a way that the principles of socially-responsible investment are promoted. A further factor is the need to have ready access to our reserves (as long-term funding cannot be guaranteed) so, for the current period, we have placed surplus funds in bank current accounts.
Risk management
The trustees actively review, on a regular basis, the major risks that the Charity faces in maintaining reserves at the levels detailed above; in addition to an annual review of the controls over key financial systems carried out through an internal audit process - to ensure appropriate controls are in place as assurance against fraud and error.
Internal control risks are minimised by authorisation procedures for all financial transactions; and policies and procedures are in place to ensure compliance with health and safety regulations by, and for, staff, volunteers and visitors.
Structure, governance and management
Governing document
Friends of Pelican Park is an incorporated charitable organisation formed on 30 March 2010. The organisation is governed by its Articles of Association and Memorandum dated 5 March 2010 supplemented by a Declaration of Trust dated 10 March 2010.
Organisational structure
The day-to-day running of the Charity is undertaken by the Trustees and a staff team of 1 full-time and 4 part-time staff members. During the Spring and Summer period, the Charity employs local people on a casual basis to support the holiday activities and sporting events.
Some of the Charity's work is delegated to trustees through sub-groups, but the whole trustee board remains in full control of the process and decision-making.
Volunteers
The Charity continues to train volunteers who want to learn new skills, gain experience and qualifications in sport, administration, pitch maintenance, food hygiene, retail and fundraising.
All volunteers live within walking distance of Pelican Park and continue to support the many projects taking place both on and off-site. Without their support and commitment, the food bank and meals for the elderly would not be able to help as many people as it currently does. Many of the volunteers have a shared interest in the Charity and all its achievements. Without the local support, the Charity would not be able to deliver as many activities/sessions as effectively as it currently does.
There were 24 volunteers throughout the year, excluding trustees, who aided in the running of the Charity.
Recruitment and appointment of trustees
The Board of Trustees is the primary legal body of Friends of Pelican Park. All trustees bring a wealth of experience, qualifications and skills that compliment the Charity's main objectives.
Trustees are recruited by other trustees - people they know with specific skills needed to help continue to run the Charity effectively. We believe in creating a diverse board of trustees with a range of skills, knowledge, and experience. We are lucky to have a strong board who all live within the area.
The trustees agree on what skills, experience and knowledge are needed and these are:
financial skills – either in the form of qualifications and/or experience;
knowledge of grants and trusts to help pursue/ensure further funding;
skills, qualifications and/or experience in working within a primary or secondary school to help develop the Charity's Physical Education (PE) programme;
knowledge and experience in community regeneration, working within a community environment;
knowledge and experience in tackling crime and anti-social behaviour that often leads to crime; and
previous experience and knowledge in working within a sport.
All potential trustees are checked through the Disclosure and Barring Service, due to the Charity's work with children and vulnerable adults.
There were no new or additional trustees recruited in the year to 31 March 2025.
Trustee induction and training
Many trustees are already familiar with the practical work of the Charity as they are also active members of the Charity as well as involved in other charities, churches and/or charitable institutions.
New trustees are encouraged to familiarise themselves with charity law, their responsibilities as trustees and with Charity's rules and practices. They are invited and encouraged to attend a series of short training sessions to familiarise themselves with the Charity and the context within which it operates. These cover:
the obligations of the board of trustees;
the operational framework for the Charity;
the current financial position and revenue generation; and
future plans and objectives.
Trustees
The following persons served as trustees during the year:
Jannette Hornby
Stephen Calvert
Kerry Louise Looker
Gemma Louise Hornby
Karl Turner
Trustees' responsibilities
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and enable them to ascertain to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. 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.
The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity’s website as well as:
a) to prepare financial statements which show a true and fair view;
b) in preparing financial statements:
(i) to select suitable accounting policies and apply them on a consistent basis; and
(ii) to make judgements and estimates that are prudent and reasonable; as well as
c) to keep proper accounting records.
Disclosure of information to independent examiners
Each person who was a trustee at the time this report was approved confirms that:
so far as he is aware, there is no relevant audit information of which the Charity's independent examiner is unaware; and
he has taken all the steps that he ought to have taken as a trustee in order to make himself aware of any relevant audit information and to establish that the Charity's independent examiner is aware of that information.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
This report was approved by the board on 24 December 2025 and signed on their behalf.
Jannette Hornby
Trustee
Friends of Pelican Park
Independent Examiner's Report
to the members of Friends of Pelican Park
I report to the trustees on my examination of the accounts of the above charitable company ('the Charity') for the year ended 31 March 2025 which are set out in pages 10 to 22.
Responsibilities and basis of report
As the Charity’s trustees and directors, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’) and the Companies Act 2006 ('the 2006 Act').
I report in respect of my examination of the Charity’s accounts carried 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 under section 145(5)(b) of the Act.
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts 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 examination.
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.
Mark Jackson
(Senior Statutory Auditor)
for and on behalf of
Jacksons Chartered Accountants
First Floor, Albion House
Albion Street
Hull
HU1 3TE
24 December 2025
Friends of Pelican Park
Statement of Financial Activities
for the year ended 31 March 2025
Notes 2025 2024
£ £
Income from charitable activities 2 45,160 30,697
Expenditure on charitable activities (15,019) (12,166)
Net operating income 30,141 18,531
Administrative expenses (138,169) (109,663)
Other operating income 3 49,388 81,460
Operating deficit 4 (58,640) (9,672)
Interest receivable 1,362 3,827
Movement in funds: Net expenditure (57,278) (5,845)
Reconciliation of funds
Net movement in funds (57,278) (5,845)
Total funds brought forward 208,796 214,641
Total funds carried forward 151,518 208,796
Friends of Pelican Park
Company number: 07207520
Registered charity number: 1161532
Statement of Financial Position
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 7 67,751 85,281
Current assets
Stocks 8 2,805 543
Debtors 9 1,320 -
Cash at bank 82,136 125,106
86,261 125,649
Creditors: amounts falling due within one year 10 (2,494) (2,134)
Net current assets 83,767 123,515
Total assets less current liabilities 151,518 208,796
Net assets 151,518 208,796
Capital and reserves
Unrestricted funds 11 2,662 88,207
Restricted funds 11 148,856 120,589
Total equity 151,518 208,796
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
Jannette Hornby
Trustee
Approved by the board on 24 December 2025 and signed on their behalf.
Friends of Pelican Park
Statement of Changes in Charitable Funds
for the year ended 31 March 2025
This schedule does not form part of the statutory accounts
Income and Total
Expenditure
account
£ £
At 1 April 2023 214,641 214,641
Deficit for the financial year (5,845) (5,845)
At 31 March 2024 208,796 208,796
At 1 April 2024 208,796 208,796
Deficit for the financial year (57,278) (57,278)
At 31 March 2025 151,518 151,518
Friends of Pelican Park
Statement of Cash Flows
for the year ended 31 March 2025
This schedule does not form part of the statutory accounts
Notes 2025 2024
£ £
Operating activities
Deficit for the financial year (57,278) (5,845)
Adjustments for:
Interest receivable (1,362) (3,827)
Depreciation 31,524 30,679
(Increase)/decrease in stocks (2,262) 891
(Increase)/decrease in debtors (1,320) 1,063
Increase/(decrease) in creditors 360 (5,261)
(30,338) 17,700
Interest received 1,362 3,827
Cash (used in)/generated by operating activities (28,976) 21,527
Investing activities
Payments to acquire tangible fixed assets (13,994) (4,999)
Cash used in investing activities (13,994) (4,999)
Net cash (used)/generated
Cash (used in)/generated by operating activities (28,976) 21,527
Cash used in investing activities (13,994) (4,999)
Net cash (used)/generated (42,970) 16,528
Cash and cash equivalents at 1 April 125,106 108,578
Cash and cash equivalents at 31 March 82,136 125,106
Cash and cash equivalents comprise:
Cash at bank 82,136 125,106
Friends of Pelican Park
Notes to the Financial Statements
for the year ended 31 March 2025
1 Summary of significant accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
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.
Donated goods and services are recorded at their expected cost.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and buildings, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and buildings at a rate of 10% per year, over 10 years
Plant and machinery at a rate of 20% per year, over 5 years
Motor vehicles at a rate of 12.5% per year, over 8 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The charity is exempt from taxation under sections 521 to 536 of the Income Tax Act 2007 (ITA 2007).
Fund accounting: restricted and unrestricted funds
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 below.
Going concern
The accounts have been prepared on the going concern basis, which assumes that the Charity will be in operational existence twelve months from the date of approval of these accounts. The trustees are satisfied that this basis is appropriate.
The facts that support the conclusion of going concern are:-
• the Charity's income from charitable activities has increased from the previous year - from £30,697 to £45,160 this year; and
• on 31 March 2025, the Charity held £82,136 cash at bank.
There are no material uncertainties.
Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
Government grants
The accrual model (FRS 102 24.5C-G) was applied in producing these accounts; therefore grants were recognised as either relating to revenue (over the period in which the Charity recognises the related costs for which the grant was intended to compensate) or relating to assets (over the expected useful life of the asset).
2 Analysis of income from charitable activities 2025 2024
£ £
Coaching 535 2,589
Pitches 975 5,335
Room hire 1,150 -
Sport games 1,367 7,199
Subcriptions and fines 22,176 12,431
Gifts, donations and pledges 2,250 -
Purchases 2,263 -
Clubs, projects and sport activities - 3,083
Fundraising and charitable donations 66 -
Holiday projects and activities 14,213 -
Gym income and expenditure 165 60
45,160 30,697
By geographical market:
UK 45,160 30,697
3 Analysis of other operating income 2025 2024
£ £
Grants received 4,695 29,286
Other grants received
Community Fund (Big Lottery) 28,333 40,167
ESC Lottery 12,400 -
Hull City Council 3,960 4,225
LTA Operations Limited - 5,355
PCC for Humberside - 2,427
49,388 81,460
The effect of the government grants received on the results of the period were minimal as they only made up 4.19% of the total income – last year, 3.77%.
4 Operating deficit 2025 2024
£ £
This is stated after charging:
Depreciation of owned fixed assets 31,524 30,679
5 Staff costs 2025 2024
£ £
Wages and salaries 42,897 29,355
Other pension costs 95 413
42,992 29,768
No employees received emoluments (excluding employer pension costs) of more than £60,000.
Average number of employees during the year 2025 2024
Coaching (Part-time) 5 5
Administration / Sports Development (Full-time) 1 1
Maintenance (Casual) 1 1
7 7
6 Role played by general volunteers
Volunteers played a vital role in the running of the Charity and their contribution helped the Charity achieve its objectives.
7 Tangible fixed assets
Land and buildings Plant and machinery Motor vehicles Total
At cost At cost At cost
£ £ £ £
Cost or valuation
At 1 April 2024 197,987 71,753 - 269,740
Additions - 1,494 12,500 13,994
At 31 March 2025 197,987 73,247 12,500 283,734
Depreciation
At 1 April 2024 138,593 45,866 - 184,459
Charge for the year 19,799 10,162 1,563 31,524
At 31 March 2025 158,392 56,028 1,563 215,983
Carrying amount
At 31 March 2025 39,595 17,219 10,937 67,751
At 31 March 2024 59,394 25,887 - 85,281
8 Stocks 2025 2024
£ £
Finished goods and goods for resale 2,805 543
9 Debtors 2025 2024
£ £
Trade debtors 1,320 -
10 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 2,400 2,040
Other creditors 94 94
2,494 2,134
11 Funds
2025 2024
£ £
At 1 April 208,796 214,641
Net expenditure for the financial year (57,278) (5,845)
At 31 March 151,518 208,796
Reserves
2025 2024
Restricted and unrestricted funds £ £
At 1 April Unrestricted funds 88,207 166,346
Restricted funds 120,589 48,295
Net income for the financial year Unrestricted funds (85,545) (78,139)
Restricted funds 28,267 72,294
At 31 March Unrestricted funds 2,662 88,207
Restricted funds 148,856 120,589
Total funds carried forward 151,518 208,796
Unrestricted funds are available for use at the discretion of the trustees, in order to further the charity's objectives.
The restricted funds as detailed above have been set aside / designated for repairs and renewals costs on the property (£26,330), its facilities (£4,314), sports equipment (£51,770), and the continiuing of the Charity's sports clubs and events (£66,442).
12 Analysis of net assets between funds
2025
Unrestricted Restricted 2025 2024
funds funds £ £
Fixed assets 67,751 - 67,751 85,281
Current assets (62,501) 148,762 86,261 125,649
Current liabilities (2,588) 94 (2,494) (2,134)
2,662 148,856 151,518 208,796
13 Related party transactions
The following payments were made to trustees during the financial year.
£
Jannette Hornby Trustee 11,580 Wages and salaries
The following goods and services were donated by trustees during the financial year and are included in 'Gifts, donations and pledges':
£
Jannette Hornby Trustee 2,250 Donation of vehicle
No other trustees claimed expenses or had their expenses met by the Charity.
14 Presentation currency
The financial statements are presented in Sterling, rounded to the nearest pound (£).
15 Legal form of entity and country of incorporation
Friends of Pelican Park is a charitable company (limited by guarantee), registered with the Registrar of Companies for England and Wales, Companies House, and registered with the Charity Commission for England and Wales.
16 Principal place of business
The address of the charity's principal place of business and registered office is:
Pelican Park Recreation Ground
Lambwath Road
Hull
East Yorkshire
HU8 0EE
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