FOLKESTONE PARKS AND PLEASURE
GROUNDS CHARITY
Annual Report and Accounts for the Year
Ended 31 March 2022

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
CONTENTS
Page(s)
Annual Report
Accounting and Reporting Responsibilrties
Independent Auditorfs Report
10-13
Statement of Financial Activities
14
Balan￿ Sheet
15
Statement of Cash Flows
16
Notes to the Accounts
17-27

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
INTRODUCTION
Folkestone & Hythe District Council. as Corporate Trustee, presents the annual report,
together with the financial statements. for the year ended 31 March 2022 for the
Folkestone Parks and Pleasure Grounds Charity (Ihe Charity.).
1.2 The Charity's annual report and accounts have been prepared in accordan￿ with the
Charities Act 2011 and Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance
with Financial Reporting Standards applicable in UK and Republic of Ireland (FRS 102)
"Charities SORP (FRS102)° together with the Charity's governing document.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity
Folkestone Parks and Pleasure Grounds
Chari
loc￿288
Folkestone & H
he District Council
Cllr D Monk (Leader)
Cllr Mrs J Hollingsbee (Deputy Leader)
Cllr J Collier
Cllr R Field
Cllr D Godfrey
Cllr S Peall
Cllr T Prater
Cllr L Whybrow
Cllr D Wimble
Head of Paid Service - Susan Priest
Financial Advisor to the Charity - Jonathan
Smith
Legal Advisor to the Charity Amandeep
Khroud
Folkestone & Hythe District Council
CNIC Centre. Castle Hill Avenue
Folkestone, Kent
CT20 2QY
Folkestone & Hythe District Council hold
balan￿S on behalf of the Charty. The
Council's bankers are:
National Westminster Bank
Europa
House, 49 Sandgate Road,
Folkestone, CT20 1 RU
Re
istration Number
Cor
orate Trustee
Names of the
Representatives of the
Trustee
Names of Chief offi￿rS
Principal Office
Principal External Advisors
Bankers
Auditor
UHY Kent LLP Va UHY Hacker Young
Thames House
Roman Square
Srttingboume, Kent
ME10 4BJ
Investment Managers
Folkestone & Hythe District Council

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THEYEAR ENDED 31 MARCH 2022
STRUCTURE. GOVERNANCE AND MANAGEMENT
3.1 Following the 1974 local govemment re-organisation, Folkestone & Hythe District
Council succeeded the Borough of Folkestone as Corporate Trustee for a number of
areas of land in Folkestone, each a charty in its own right, specifically provided as a
park, pleasure ground or recreation ground for the use and enjoyment of the inhabitants
of the town and its neighbourhood.
3.2 The areas of land are..
East Cliff and Warren
The Durlocks
Lower Sandgate Road (Coastal Park)
Radnor Park
Morehall Recreation Ground
Canterbury Road Recreation Ground
3.3 The individual charities all had identical objectives and to improve their administration
a successful application was made to the Charity Commission to combine them into
one.
3.4 On 13 June 1991 the Folkestone Parks and Pleasure Grounds Charity was established.
by a Charity Commission scheme, for the provision of parks, pleasure grounds or
recreation grounds for the use and enjoyment of the inhabitants of the former Borough
of Folkestone and the neighbourhood thereof.
3.5 In accordance with the constitution of Folkestone & Hythe District Council, the Council's
cabinet carries out its Corporate Trustee functions.
3.6 The cabinet consists of the leader who is elected by the Council. together with at least
two, but no more than nine, councillors appointed to the cabinet by the leader. The
current cabinet is shown at 2.4. Councillors are required to stand for election by the
public every four years.
3.7 Day to day management of the Charity is delegated to chief officers in accordan￿ with
the Council's constitution. The names and designations of chief officers are shown at
3.8 The Charity is managed on the same basis as the Council's own recreation service and
is subject to the same codes and protocols specified in the Council's constitution.
3.9 Risk Management
The major risks to which the Charity is exposed are managed wrthin Folkestone & Hythe
District Council's risk management strategy and policy.
3.10 It is the overall responsibilty of the cabinet to approve the Council's risk management
policy and strategy, to review it on an annual basis and to promote a culture of risk
management awareness throughout the Council. including the Charity. The cabinet is
also responsible for designating a councillor lo act as 'risk management champion, to
support the integration of risk management into the culture of the Council.
3.11 The Council's constitution speeAfies the risk management responsibilities of the head of
paid service. the corporate directors and service managers.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
3.12 Risks are identified, assessed and controls established throughout the year. The key
controls used by the Council and the Charity include:
formal written policies, codes and protocols;
established organisational structure and lines of reporting"
clear authorisation and approval levels-
comprehensive strategic planning, budgeting and budgetary control.,
effective insurance cover and vetting procedures,.
regular training and guidan￿.
maintenance of risk registers"
formal agendas. reports and temis of referen￿ for meetings. projects etc.
3.13 Through the Council's risk management pro￿sseS established for the Charity the
cabinet, representing the Corporate Trustee. is satisfied that any identtfied major risks
have been adequately mitigated where ne￿Ssary. It is recognised that systems can
only provide reasonable but not absolute assuran￿ that major risks have been
adequately managed.
OBJECTNES AND ACTNITIES
4.1 Objective of the Charity
The Charity's objective, as set out in the Charity Commission scheme, is the provision
of parks, pleasure grounds or recreation grounds for the use and enjoyment of the
inhabitants of the area of the former Borough of Folkestone and its neighbourhood.
4.2 The parks and recreation grounds consist of the following:
East Cliff and Warren
The Durlocks
Lower Sandgate Road
Radnor Park
Morehall Recreation Ground
Canterbury Road Recreation Ground
4.3 The representatives of the Corporate Trustee confitm that they have referred to the
guidance contained in the Charity Commission's general guidance on public benefit
when reviewing the aims and objectives of the Charity and in planning future activities.
4.4 Aims and Intended Impact
The principal aim of the Charity is to ensurethe maintenance of the parks and recreation
grounds, including public conveniences on charity land, in accordan￿ with agreed
specifications so that the residents of Folkestone and Sandgate can continue to use
them for leisure pursuits and to enjoy the benefits of open spaces in an urban area.
4.5 maintenan￿ includes grass and hedge cutting, shwb and rose beds, herbaceous
borders. annual bedding displays. tree stock. ponds and associated structures such as
fences, walls, paths, car parks and public conveniences.
The Charity also provides sports facilities at East Cliff (bowls, golf, putting and tennis)
and allows attractions to take place on the sites, particularly Radnor Park (e.g. annual
donkey derby, amusements and boot fairs).

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
4.7 The success of the coastal park on Ihe Lower Sandgate Road continues after 20 years
of it's opening in 2000. The park is monitored by CCTV and has a warden. It has an
approximate area of 25 hectares designed into three zones.
4.8 The formal zone comprises pine avenues. fomial planting and hard landscaping. The
fun zone contains the largest free play area in the south east as well as a zigzag path
and amphitheatre. The wild zone encourages wildlife through sensitive habitat
management.
4.9 Objectives for 2021122
The main objective for 2021r22 was to ensure that the Maintenan￿ of the charitable
land continued to the agreed standards.
4.10 This links to Folkestone & Hythe's strategic objective 'Appearance Matters, of providing
an attractive and clean environment.
4.11 Key actions for 2021r22 were the retention of the Green Flag accreditation national
recognition for the Coastal Park and Radnor Park, ensuring a summer events
programme in the Coastal Park and Radnor Park.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR 2021122
5.1 Radnor Park
The park continues to be popular with local residents and is being well used and has
retained its Green Flag Award for the fifth year running.
Following the improvements made in 2020r21, which induded i) new free of charge
sports facilities including an 11 v 11 football pitch, ii) new commissioned and installed
goal posts, iii) 400m running track and iv) rounders pitch that were marked out, a new
petanque square was marked out in 2021122.
Five Bee Kindl wildlife areas were also intrcKluced to the park increasing its biodiversity.
In addition. refurbishment and reinstatement works were carried out to the bridge on
the eastem side of the Pent Stream.
5.2 Coastal Park
The Coastal Park conkn'nues to be the key destination play site for the District retaining
its Green Flag status for the 15th consecutive year. The Coastal Park also won a
TripAdvisorfs Travellers. Choice Award in August 2021 being named in the top 10
per￿nt of attractions worldwide as well as retaining its pla￿ in the'Hall of Fame, being
the number one attraction to visit in Folkestone.
The four free family rod(-pooling sessions were still popular and well attended and two
new free Coastal Park trail events were introduced to the summer programme and both
were well attended.
A green waste composting compound was constructed on srte ￿SUlting in efficiencies
and loV￿r carbon footprint by reducing trips to our Hawkinge recycling depot.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
A total ban of BBQS announced in June 2020 has resulted in a large decrease in
littering, vandalism and parking issues in the park and remains in place.
Grant funding of £20k was received from the Roger De Haan Charitable Trust towards
the cost of new play area equipment. Work commenced on this project late in
2021122 and the replacement of the ageing pirate ship wreck play equipment and
major refurbishment of the play towers will be completed in 2022123.
5.3 East Cliff Sports
The sports facilities continue to be well used by the public and schools alike and income
has increased in 2021122.
202112022 saw the installation of a card machine, reducing the handling of cash and
intake discrepancies.
Grant funding of £20k was received from KCC in 2020121 to look at scoping a new
destination play area and associated facilities. Engineering advice was commissioned
to understand the cliff position into the next 100 years. Draft drawings were
commissioned and a full public consultation was due to take pla￿ late in 2021122 but
was delayed and will now take place in mid 2022123.
5.4 Beach Chalets- Marine Walk
The refurbishment of the Beach Chalets and local infrastructure along Marine Walk
below the Coastal Park, agreed by the FPPG Trustees in October 2019. was completed
in February 2021. Working together with Creative Folkestone, particularly the Artist
Rana Begum. the Charty successfully deltvered a colourful scheme that has re￿iVed
positive nats'onal coverage. The Chalets have been viewed positively by the local
community and are being enjoyed by the new tenants with 100% occupancy.
The refurbishment project required further funding to complete. this was due to
additional costs of unidentrfied asbestos removal required as part of the demolition and
concrete works as well as significant increases in material costs due to the pandemic.
The final cost of the project was £577,000 against a budget of £500,000. The Council
agreed an additional financial contribution of £69,500 to be repaid over the original ten
year period from surpluses generated from renlal income and the remaining £7,500
was funded by a contribution from the Creative Foundation. The Charity made its first
annual repayment in 2021122 and a sum of £56,544 was repaid.
FINANCIAL REVIEW 2021122
6.1 The charty generated an operating sutplus of £90,000 in 2021r22, largely due to
increased rental income from the beach huts following completion of the refurbishment
project and increased car parking income.
6.2 The net revenue expenditure in 2021122 was £558,800 which was in line with the latest
budget of £558,700. Net revenue expendtture is defined as net expenditure on
unrestricted funds excluding depreciation and is met by a contribution from Folkestone
& Hythe District Council, as rt is the intention for the charity to achieve a breakeven
position each year. See Note 7 for the analysis of net income.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
6.3 The net revenue expenditure supported the objectives of the Charity by financing the
Maintenan￿ of charitable open spaces, the provision of sports facilrties at East Cliff
and the management of the Coastal Park.
6.4 The net expenditure of the Charty was financ£d by Folkestone & Hythe District Council.
6.5 Reserves Policy
The day-to-day fInan￿S of the Chartty are administered within the financial systems of
the Council, which also fInan￿S the net cost of the Charity on an ongoing basis. As a
result there are no separate balances representing resources set aside for Charity
purposes such as general contingencies and cash flow management.
6.6 The Charity's general fund had a surplus of £113,000 at the end of 2021122. In the past
the Council has not contributed fully to the provision for depreciation in recognition of
the significant contribution to the reSoUr￿S of the Charty from local taxpayers. In local
authority accounts depreciation has a neutral irnpact on the amounts required to be
raised from local taxation. A decision was taken by the Trustees in 2018119 to uts'lise
the profit from the beach hut service to make a contribution to reserves to redu￿ the
deficit. 2021122 was the first year Servi￿ has generated a surplus following
completion of the capital refurbishment pr￿jramMe. It was also agreed that for one year
only any surplus generated from car parking income would be ub'lised to reduce the
deficit. Accordingly in 2021122 surpluses of £56.500 and £43,800 from beach hut and
car parking income respectively were transferred to reserves improving the Charity's
reserves position.
6.7 Investsnent Policy and Perforniance
At the start of 2021122 Folkestone & Hythe District Council held £118,434 on behalf of
the Charty. That sum represented the brought fonvard balance of past proceeds of the
sale of charitable assets and is managed by the Council as part of its overall investment
portfolio. The Council also held £52.095 on behalf of the Charity representing the
balance of external donations re￿iVed for the Radnor Park improvements. The
Council's investment activty during 2021122 complied with its approved Investment
Strategy for the year. Most investments made were for up to a maximum of 12 months
duration, reflecting the gradual rise in interest rates from their historically low base. The
Council will continue to take a cautious approach around the credit risk of counterparties
available to invest with. The Council also has a strategic long teryn investment in the
CCL4 Local Authority Propety Fund. During 2021122, a grant of £20,000 was received
from the Roger De Haan Charitable Trust as a contribution towards the cost of new play
area equipment in the Coastal Park, of which £1,384 was spent in 2021122 with the
remainder to be used in 2022123. The balan￿ at the end of 2021122 of £189,145
remains with the Council.
6.8 Overall a retum of approximately 0.2% was achieved on the Charitls investment,
eaming interest of £429 for 2021r22.
6.9 In line with Folkestone & Hythe District Council's projected return on investments, it is
anticipated that the 2022r23 investment retum will be higher than that achieved in
2021122 due to the increased sum invested and the forecast increase in interest rates.
6.10 The Charty also holds five properties (valued at £1.289,000) that are leased at
commercial rents and are classed as investment assets.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
6.11 The Charity's accounts showing the financial perfomance for the year ending 31
March 2022 are set out on pages 14 to 27. They consist of the following:
The Statement of Financial Activities
which shows all reSoUr￿S made
available to the Charity and all expenditure incurred by it.
The Balan￿ Sheet- which sets out the financial position of the Charity at the
year end. It shows the balances and reserves at the Charty's disposal and its
long term indebtedness, logether with summarised information on the fixed
assets held.
The Statement of Cash Flows - which shows how the Charity has used cash
generated by its activities and changes in cash and cash equivalents held by the
Charity.
b)
6.12 The accounts are supported by the Statement of Accounting Policies and various notes
to the accounts.
8.13 The charity finished the year with a surplus of £233,000 due to a surplus generated
from the beach hut service, a donation towards new play equipment at the Coastal Park
and gains arising on the revaluation of both investment and tangible fixed assets,
bringing the total reserves to £4,828,000. Of these funds £2,794,000 are restricted and
£119,000 are endowment funds. At the balance sheet date £5.081,000 of the reserves
are represented by fixed assets and could only be accessed by the sale of those assels.
FUTURE PLANS
7.1 The Charity will be considering enhancing a number of its land and propety assets with
the intention of furthering the aims of the Charity and continues to improve the parks
and pleasure ground facilities for the people of Folkestone and the surrounding areas.
7.2 Draft master-planning work has cornmen￿d to potentially create a new destination play
area and leisure hub at East Cliff following approval of the Play Area Strategy 2020-
2030 which identifies the site as a Priority PlayArea. This is still in the formative stages,
meetings have taken place with a range of external stakeholders to gain buy-in to the
project. A full public consultation will be held in 2022123 and the results will be reported
back to the Trustees to decide upon next steps.
AUDIT OF THE CHARITY'S ACCOUNTS
8.1 UHY Hacker Young Chartered Accountants have been appointed to audit the 2021122
accounts in accordan￿ with the Charities Act 2011.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THEYEAR ENDED 31 PAARCH 2022
FURTHER INFORMATION
9.1 Further infonnation about the Charity can be obtained from Susan Priest, Head of Paid
Service, Folkestone & Hythe District Council, Civic Centre, Castle Hill Avenue,
Folkestone. Kent CT20 2QY. (01303 852203) susan.
nest
folkestone-h
ov.uk.
The Annual Report for the year ended 31 March 2022 approved by the Cabinet of
Folkestone & Hythe District Council, the Corporate Trustee. on 20 October 2022 and
signed on its behalf by:
Signed..
Date:
Cllr DD Monk
Chairnian
Folkestone Parks and Pleasure Grounds Charlty

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING AND REPORTING RESPONSIBILITIES
Folkestone & Hythe District Council as the Corporate Twstee of the Charity is responsible for
preparing a Trustees, Annual Report and financial statements in accordan￿ with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities in England and Wales requires Folkestone & Hythe District
Council to prepare financial statements for each year which give a true and fair view of the
state of affairs of the charity and of the incoming resources and application of resources. of
the charity for that period. In preparing the financial statements. the representsts'ves of the
Corporate Trustee are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the applicable Charities SORP:
. make judgements and estimates that are reasonable and prudent;
. stale whether applicable accounting stsndards have been followed. subject to any material
departures disclosed and explained in the financial statements:
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charity will conts'nue in business.
Folkestone & Hythe District Council as the Corporate Trustee is responsible for keeping proper
accounting records that disclose with reasonable accuracy at any time the financial position of
the charity and to enable them to ensure thatthe financial statements complywith the Charities
Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of
the Trust deed. They are also responsible for safeguarding the assets of the charity and taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Folkestone & Hythe District Council is responsible for the maintenance and integrity of the
charity and financial information included on the charity's website. Legislation in the United
Kingdom governing the preparation and dissemination of financial statements may differ from
legislation in other jurisdictions.
We ￿rtity that the financial statements on pages 14 to 27 have been prepared in accordan
with the accounting policies set out on pages 17 to 19 and that it presents fairly the financial
position of the Folkestone Parks and Pleasure Grounds Charity at 31 March 2022 and the
Charity's incoming and outgoing resources for the year then ended.
Signed
Signed
ia. Srti7d)
Datej
Cllr D
12
Chairman
Folkestone Parks and
Pleasure Grounds Charity
Financial Advisor to the
Folkestone Parks and
Pleasure Grounds Charlty

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2022
Report of the Ind•pendent Auditor to the Members of Folkestone Parks and Pleasure
Grounds Charity
Opinion
We have audited the financial statements of Folkestone Parks and Pleasure Grounds
Charity (the 'charity') for the year ended 31 March 2022 which comprise the Statement of
Financial Activities, the Balance sheet. the Statement of Cash Flov￿ and the related notes,
including a summary of significant accounting policies. The financial reporting framework Ihat
has been applied in their preparation is applicable law and United Kingdorn Accounting
Standards. including Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted
Accounting Prackn'ce).
The financial statements have been prepared in accordan￿ with Accounting and Reporting
by Charities preparing their accounts in accordan￿ with the Financial Reporting Standards
applicable in the UK and Republic of Ireland (FRS 102) in preferen￿ to the Accounting and
Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is
referred to in the extant regulations but has been withdrawn.
This has been done in order for the accounts to provide a true and fair view in accordan
with the Generally AC￿pted Accounting Practice effecb've for reporting periods beginning on
or after 1 January 2015.
In our opinion the financial statements:
give a true and fair view of the state of the charity's affairs as at 31 March 2022 and of
its incoming reSoUr￿S and application of resources for the year then ended,.
have been properly prepared in accordan￿ with United Kingdom Generally AC￿pted
Accounting Practice. and
have been prepared in accordan￿ with the requirements of the Charities Act 2011.
Basls for opinion
We conducted our audit in accordan￿ wilh Inlemational Standards on Auditing (UK) (ISAS
(UK)) and applicable law. Our responsibilth'es under those standards are further described in
the Auditors, responsibilits'es for the audrt of the financial ststements section of our report. We
are independent of the charity in accordan￿ with the ethical requirements that are relevant
to our audit of the financial statements in the United Kingdom. including the Financial
Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities
in accordan￿ with these requirements. We believe that the audrt eviden￿ we have obtsined
is sufficient ar)d appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Twstees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have not identtfied any material uncertainties
relating to events or conditions that, individualty or collectively, may cast significant doubt on
the charity's ability to continue as a going con￿rn for a period of at least twelve months from
when the financial statements are authorised for issue.
io

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2022
Our responsibilities and the responsibilities of the Trustees with respect to going concern are
described in the relevant sections of this report.
Other inforniation
The other infomiation comprises the information included in the Annual report other than the
financial statements and our Auditors, report thereon. The Trustees are responsible for the
other infomiation contained within the Annual report. Our opinion on the financial statements
does not cover the other infomiation and. eX￿pt to the extent Othe￿¥1$e explicrtly stated in
our report. we do not express any form of assuran￿ conclusion thereon. Our responsibility
is to read the other information and, in doing so. consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course
of the audrt. or otherwise appears to be matertally misstated. If we identify such material
inconsistencies or apparent material misstatements. we are required to determine whether
this gives rise to a material misstatement in the financial statements themselves. If, based on
the work we have performed, we conclude that there is a material misstatement of this other
information, vrfe are required to report that fact.
We have nothing to report in this regard.
Matters on whlch we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts
and Reports) Regulations 2008 requires us to report to you if, in our opinion:
the information given in the Trustees, report FS inconsistent in any material respect with
the financial statements., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement wrth the accounting records and returns.
or
we have not received all the infomiation and explanations we require for our audit.
Responslbllltles of trustees
As explained more fully in the Trustees, responsibilities statement, the Trustees are
responsible for the preparation of the financial statements which give a true and fair view,
and for such internal control as the Trustees determine is ne￿SSary to enable the
preparation of financial statements that are free from material misstatement. whether due to
fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charity's
ability to continue as a going COn￿rn, disclosing, as applicable, matters related to going
concern and using the going COn￿M basis of accounting unless the Trustees either intend
to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditors. responsibilities for the audit of the financial statements
We have been appointed as audFtor under section 144 of the CharFties Act 2011 and report
in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2022
a whole are free from material misststement, whether due lo fraud or error. and to issue an
Auditors, report that includes our opinion. Reasonable assurance is a high level of
assuran￿. but is not a guarantee that an audit conducted in accordan￿ with ISAS (UK) will
always detect a material misstatement when rt exists. Misstatements can arise from fraud or
error and are considered material if. indNidually or in the aggregate, they could reasonably
be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Irregularities. including fraud, are instances of non-compliance with lavts and regulations. We
design procedures in line with our responsibilities, outlined above, to detect material
misstatements in respect of irregularities, including fraud. The extent to which our
prO￿dureS are capable of detecting irregularities, including fraud is detailed below:
How the audit was considered capable of detecting inBgulaiities. including fraud
Our approach to identifying and assessing the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations, was as follows:
we identified the laws and regulations applicable to the charity through discussions with
management, and from our commercial knowledge and experience in the sector,
VR focused on specific laws and regulations which we considered may have a direct
material effect on the accounts or the operations of the charity. including the Charities Act
2011.,
we assessed the extent of Complian￿ with the laws and regulations identified above
through making enquiries of management and inspecting correspondence,. and
identified laws and regulations were communicated within the audit team and Ihe tsam
remained alert to instances of non-complian￿ throughout the audit.
We assessed the sUs￿ptibIlity of the charitvs accounts to material misstatement, including
obtaining an understanding of how fraLKI might occur, by:
making enquiries of management as to where they considered there was susceptibility to
fraud, their knowledge of actual. suspected and alleged fraud; and
considering the internal controls in Pla￿ to mitigate risks of fraud and non-compliance
with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
performed analytical procedures to identfy any unusual or unexpected relationships.
tested journal entries to identify unusual transactions-
assessed whether judgements and assumptions made in detennining the accounting
estimates set out in the accounting policies were indicative of potential bias- and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularrties and non-complian￿ with laws and regulations, we
designed prO￿dureS which included, but were not limited to..
agreeing financial statement disclosures to underlying supporting documentation,.
reading minutes of meetings of those charged with governance,. and
enquiring of management as to actual and potential litigats'on and claims.
12

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2022
There are inherent limitations in our audit procedures described above. The more removed
that laws and regulations are from financial transactions, the less likely it is that we would
become aware of non4ompliance. Auditing standards also limit the audit procedures
required to identify non-complian￿ wrth laws and regulations to enquiry of the trustees and
other management and the inspection of regulatory and legal correspondence. if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise
from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at: W4V4V.frc.org.uklauditorsresponsibilities. This
description forms part of our Auditors, report.
Use of our report
This report is made solely to the charitls trustees, as a body, in accordance with Part 4 of
the Charities (Accounts and Reports) Regulations 2008. Our audit work has been
undertaken so that we might state to the charity's trustees those matters we are required to
state to them in an Auditors, report and for no other purpose. To the fullest extent permitted
by law, we do not ac￿pt or assume responsibility to anyone other than the charity and its
trustees. as a body, for our audit work, for this report. or for the opinions we have fomied.
UHY Kent LLP
Chartered Accountants
Statutory Auditors
Thames House
Roman Square
Sittingbourne
Kent
ME10 4BJ
Date: 9 January 2023
UHY Kent LLP are eligible to act as auditors in temis of section 1212 of the Companies Act
2006.
13

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
£'ooo £'ooo £'ooo £'ooo £voo
Income and Endowments
from:
Donations for projects
Charitable Activities
Investment Income (note 2)
Contribution from Folkestone &
Hythe DC (note 3)
Total
27
27
180
157
20
145
46
180
157
559
559
923
529
740
27
Expenditur• on:
Charitable Activities
Operation of Parks and
playgrounds
Employees (note 4)
Premises & Grounds (note 5)
Supplies and Services
Management and Support
SeNices (note 4)
Govemance Costs (note 6)
Depreciation
Totsl
662
89
662
89
34
623
86
35
833
35
833
48
771
Gainsl(Losses) on Investment
assets
Gainsl(Losses) on Revaluation
of Fixed Assets
59
59 (197)
84
(16)
Net (Expenditureylncome
206
27
233 (244)
Transfers Between Funds
37
(37)
Net Movements in Funds
243
(10)
233
(244)
Reconciliation of Funds:
Total funds brought forward
Total funds carrfed forward
1,672 2,804
1.915 2,794
119 4,595 4.839
119 4,828 4,595
14

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
BALANCE SHEET AS AT 31 MARCH 2022
2021122
£'ooo
2020121
£'ooo
FIXED ASSETS (note 8)
Freehold Land and Buildings
Fixtures. Fittings and Equipment
Infrastructure Assets
Investment Assets (Properbes)
Total Fixed Assets
3,595
113
84
3,521
133
89
CURRENT ASSETS
Debtors (note 9)
347
347
235
235
Total Current Assets
LIABILITIES
Creditors.. due within 1 year (note 11)
Net Current Assets
91
256
40
195
Total Assets Less Current Liablllties
Creditors: due after more than 1 year (note 12)
509
524
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY
Endowment Fund
Restricted Funds..
Capital Grants Reserve
Unrestricted Funds."
Revaluation Reserve
Unrestricted General Fund
TOTAL CHARITY FUNDS (note 13)
119
119
2,794
2,804
1,802
113
1,659
13
Approved by the Cabinet of Folkestone & Hythe District Council. the Corporate Trustee. on 20
october 2022 and signed on its behalf by..
Signed
Date
Cllr DD Monk
Chairman
Folkestone Parks and Pleasure Grounds Charlty
15

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
2021122 2020121
£'ooo
£'ooo
Cash flows from operating activities:
Net cash provided by operating activities (not• 15)
11
Cash flows from investlng actlvities:
Dividends, interest and rents from investrnents
Purchase of investment
Net cash provided byl(used in) investing activities
157
49
108
46
521
475
Cash flows from financing actlvltlos:
Repayments of borrowing
Cash inflows from new borrowrng
Net cash (used in)Iprovided by financlng activities
(sn
42
15
521
521
Change in cash and cash equivalents in the year
104
54
Cash and cash equivalents at the beginning of the year
(note 16)
235
181
Cash and cash equivalents at the end of the year (note 16)
339
235
Analysis of changes In net debt:
At 1 April Cashflows At 31 MarGh
2021
2022
£'ooo
£'ooo
£'ooo
Cash at bank in hand
235
104
339
Debt.
Loans falling due after more than one year
(524)
15
(509)
Net debt
524
16
509
16

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Statement of Accounting Policies
Basis ofthe Preparation ofAccounts
The accounts (financial statements) have been prepared in accordance with the
Charities SORP (FRS102), the Charities Act 2011 and applicable regulations. The
accounts have been prepared on a going concern basis and under the historical cost
convention with items recognised at cost or transaction value unless otherwise stated
in the relevant note(s) to these accounts. The charity constitutes a public benefit entity
as defined by FRS 102.
The Trustee considers that there are no material uncertainties about the charity's ability
to continue as a going con￿rn.
Income and Expenditure
The revenue and capital accounts of the Charity are maintained on an accruals basis.
That is. sums due to or from the Charity are accounted for in the year to which they
relate whether or not the cash has actually been received or paid in the year. Accounts
are accrued on an estimate basis where actual figures are not known.
Income is recognised On￿ the charity has sufficient certainty of receipt and the amount
of income can be measured reliably.
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 settlement will
be required and the amount can be measured reliably. Irrecoverable VAT is charged
against the expenditure heading for which it was incurred.
Grants and Contributions
Revenue grants and contributions are matched with the expenditure to which they
relate.
ere the acquisttion of a fixed asset is financed either wholly or in part by a grant or
other contribution, the Charity will normally have entitlement to the incoming resour
when it is receivable. At this point the income is recognised in the Statement of
Financial Activities and is not deferred over the life of the asset.
Grants and other contributions are accounted for on an accruals basis and recognised
in the accounting statements when the conditions for their receipt have been complied
with and there is reasonable assurance that the grant or contribution will be received.
Overheads
There is a recharge from the accounts of Folkestone & Hythe District Council, based
on time allocations, to reflect the cost of administrative and management support for
the Charty.
17

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Statement of Accounting Policies (continued)
Flx•d Assets
Capitalisation
All expenditure on the acquisition, creation or enhan￿ment of fixed assets is
capitalised on an accruals basis in the accounts. Generally expenditure of over £10,000
on fixed assets is capitalised, provided that the fixed asset yields benefits lo the Charity
and the services it provides, for a period of more than one year, excluding routine
repairs and maintenance of r￿ed assets which is charged directly to resources
expended.
Valuation
Freehold land and buildings are included in the balan￿ sheet at the lower of net
current replacement cost or net realisable value in existing use.
Fixtures, fittings and equipment are included in the balance sheet at historical cost.
Investrnent assets (properties leased at commercial rent) are included in the
balan￿ sheet at the lower of net current replacement cost or net realisable value.
This is normally open market value.
The surpluses arising on the initial valuation of fixed assets have been credited to the
revaluation reseNe. Subsequent revaluations of fixed a&sets are planned at five yearly
intervals, although material changes to asset valuations will be adjusted in the interim
period, as they occur. For example, assets are reviewed annually for impairment loss.
In accordance wth this policy the fixed assets were re-valued as at 31 March 2022.
Any assets acquired under finance leases are also capitalised in the CharIt￿S accounts.
together with the liability to pay future renlals.
Depreciation
Depreciation is provided for on all fixed assets wrth a finrte useful lrfe, which can be
determined at the time of acquisition or revaluation. Depreciation is based on the asset
value included in the balance Sh￿t. The straight line method of calculation is used.
Depreciation is not provided for freehold land or investment assets.
Depreciation rates for other tangible assets are as follows..
functional buildings
20-35 years
fixtures. fittings and equipment
5-10 years
infrastructure assets
20 years
Financial instruments
The charity only enters into basic financial instruments that result in the recognition of
financial assets and liabilities like trade and other accounts re￿1vable and payable, and
loan balan￿S with its parent entity, Folkestone & Hythe District Council. All financial
assets and liabilities are payable within 12 months, and are measured at the transaction
price less provisions for impairment.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Statement of Accounting Policies (contlnued)
Funds Structure
a) General Fund - this is an unrestricted income fund available to the Trustee to apply
for the general purposes of the Charity.
b) Revaluation Reserve
this is an unrestricted caprtal fund arising from the
revaluation of the Charity's fixed assets. It is not available for revenue purposes.
c) Capital Grants Reserve - this is a restricted fund reflecting the book value of fixed
assets financed by capital grants. The fund is reduced over the useful economic life
of the assets in line with their depreciation policy.
d) Endowment Fund- this is a restricted fund holding capital re￿iptS from the disposal
of the Charity's fixed assets. Investment income from this fund is transferred to the
general fund.
Taxation
Folkestone Parks and Pleasure Grounds Charity is a registered charity and is therefore
potentially exempt from laxation on its income and gains as the charity falls within the
definition of a charitable trust as defined in Part 1, Schedule 6 of the Finance Act 2010.
No tax charge has arisen in the year.
Judgements and key sources of estimation uncertalnty
The Trustee does not consider that there are any sources of estimation Un￿rtaInty at
the reporting date that have a significant risk of causing a material adjustrnent to the
carrying amounts of assets and liabilities within the next reporting period.
The most significant area of judgement and key assumptions that affect items in the
accounts relate to the revaluation of land and buildings.
The pandemic and the measures taken to tackle COVID-19 continue to affect
economies and real estate markets globally. Nevertheless, as at the valuation date
property markets are mostly functioning again. with transaction volumes and other
relevant evidence at levels where an adequate quantum of market evidence exists upon
which to base opinions of value.
Valuations are therefore not reported as being subjectto'material valuation Un￿rtainty'
as defined by VPS 3 and VPGA 10 of the RICS Valuation - Global Standards, except
in respect of Retail and specific trading related assetslsectors such as camp sites. as
at the valuation date there continue to be an unprecedented set of circUmstan￿S
caused by COVID-19 and an absen￿ of relevanvsufficient market eviden￿ on which
to basejudgements. Consequently, less certainty and a higher degree of caution should
be attached to the valuations of these assets. This does not apply to Freehold Land &
Buildings.
19

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Income
Investment income
2021122
£'ooo
157
157
2020121
£'ooo
46
46
Rental Income (UK)
Donatlons
The remaining balance of donations re￿iVed brought forward was £52.095. Donations
of £27,500 were received in 2021r22 and expenditure of £8,884 was incurred leaving a
balance of £70.711 to be carried forward at 31 March 2022.
Contributlon fn>m Folkestone & Hythe District Council
The net expenditure of the Charity is met from the resources of Folkestone & Hythe
District Council and is treated as a special expense chargeable through Council Tax on
the area of the fomier Borough of Folkestone (the current area of Folkestone and
Sandgate).
Employees and Management and Support Services
The Charity does not directly employ any staff. Staffing costs. including an on-COSt to
recover Folkestone & Hylhe's pension and national insurance overheads, are charged
from the payroll of Folkestone & Hythe District Council either directly or through an
apportionment based on time allocations. All apportioned staffing costs are included
under 'management and support SerVi￿s,.
No employee of Folkestone & Hythe District Council charged totsl employee benefits
(excluding employerfs pension contributions) in excess of £60.000 to the Charity in
2021122.
Premises and Grounds EX￿n888
The costs included in this heading are those relating to the grounds maintenance
Servi￿ and maintenance of the Charity's assets including utility costs. Both
maintenance services are provided by Folkestone & Hythe District Council.
Governance Costs
2021122
£'ooo
2020121
£'ooo
Auditorfs Remuneration - Current Year
Valuation fees
Fees for audit of the 2021122 accounts are estimated at £3.100 and have been accrued
in 2021122.
20

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Unrestrlct•d Fund - Analysls of Net Income
Restated
2021/22
2021r22
2021r22 2021122 2021122 2020/21.
Running Depreciation Expend Income
Net
Net
Costs
Total
Total
Total
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
East Cliff &
Warren
(incl Durlocks)
Lower
Sandgate Rd
Radnor Park
Morehall Rec
Ground
Canterbury Rd
Rec Ground
Marine Walk
Beach Chalets
158
164
(54)
110
99
210
269
44
212
296
(145)
(24)
75
276
42
27
272
44
45
45
45
45
32
32
(114)
(82)
29
758
35
793
337
456
566
Management and Support Services
Governance Costs
34
40
559
63
14
529
51
Contribution from Folkestone & Hythe District Council
Net Income Before Transfers
Gross Transfer between funds
Net Income Before Other Recognised Gains and
Losses
37
51
100
.2020121 comparatives have been restated due to misallocation of costs between Charity
areas.
Fixed Assats
a) Definitions of Fixed Assets
Freehold Land and Buildings
functional assets used in the delivery of services,
possibEy income producing e.g. car parks. sports facilities etc.
Fixtures, Fittings and Equipment - play area equipment at the Coastal Park and play
equipment at Radnor Park and Cantsrbury Road Recreation Ground.
Infrastructure Assets - long-lived capital a&sets. normally stationary in nature and can
be preserved for a significantly greater number of years than most capital assets e.g.
surfacing and landscaping at Radnor Park.
Investment Assets - freehold land and buildings that are leased at commercial rents.
21

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Fixed Assets (continued)
There is no historic cost to the charity of the revalued assets as they were transferred
with no charge in 1991 on the formation of the charity.
b) Movement in Flxed Assets
'Land
Infra-
and
Flxtures
structure Investment Assgts under
Buildings & Flttlngs Assets
Assets
Constructlon
£'ooo
r(M)O
£'ODO
£'ooo
Total
£'ooo
Cost or val tlon
1 April 2021
Addition5
Revaluations
31 March 2022
3.531
1,181
49
59
1,289
5,275
49
133
5,457
74
3,605
109
Accumulate
De
reclation and Im
miont Provlslon
1 April 2021
Revaluations
Charge for year
10
{10)
10
321
20
351
{10)
35
376
20
341
10
25
NetB
31 March 2021
3,521
133
1.181
4.924
31 March 2022
3￿95
1289
6,081
'The historical cost of Land and Buildings included above is £2,689,000 (2021:
£2,689,000)
c) Fixed Asset Valuation
The Charty's freehold land and buildings and investment assets (properties), were re-
valued at 31 March 2022 by an external independent valuer - Wlks, Head & Eve
Chartered Surveyors
on the under-mentioned bases in accordan￿ wtth the
Statements of Asset Valuation Practice and Guidance Notes of The Royal Institution of
Chartered Surveyors.
Freehold Land and Buildings
are valued on the basis of open market value for the
existing use or. where this could not be assessed because there was no market for an
asset, the depreciated repla￿ment cost.
Investment Assets (properties) - are valued on the basis of open market value.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Fixed Assets (continued)
d) Approximate Area of Charity's Land
31 March 2022
Hectares
102
13
31 March 2021
Hectsres
102
13
East Cliff and Warren (incl Durlocks)
Lower Sandgate Road
Radnor Park
Morehall Recreation Ground
Canterbury Road Recreation Ground
130
130
Debtors
2021122
£'ooo
2020121
£'ooo
Sum Held By Folkestone & Hyihe District Council
(see note 10)
Trade debtors
339
235
347
235
10.
Sum Held by Folkestone & Hythe District Council
The Council's investments, including the CharitVs capital re￿Ipts, are now managed
in-house. The Charity's capital receipts are not in a ring-fenced investment but are part
of Folkestone & Hythe's overall investment funds.
Folkestone & Hythe District Council also holds the Charity's day-to4ay cash balance
in one of its bank accounts. Sums held by the Council on behalf of the Charity are now
treated as a debtor balance to acknowledge that the Council has custody of the funds
but not beneficial ownership.
2021122
£'ooo
119
2020121
£'ooo
119
Capital Re￿IPtS from Disposal of Fixed Assets
(Endowment Fund held by F&HDC)
Grants and Contributions
(Restricted Funds held by F&HDC)
General Reserve
(Unrestricted Funds held by F&HDC)
Movement in Trade Debtors and Credttors
(Administered by F&HDC)
71
52
130
29
19
35
339
235
11.
Credltors Due Within One Year
a) Balances at year end
2021122
£'ooo
2020121
£'ooo
Trade Creditors
Accruals
Deferred Income
10
81
91
14
20
40

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
b) Movement In the Year
Beach Hut rental income is payable either quartety in advance so is treated as deferred
income in the accounts and only recognised as income in the period to which it relates.
Balance at
31 March
2021
£'ooo
Income
released
In year
£'ooo
Income Balance at
deferred 31 Mar¢h
In year
2022
£'ooo
£'ooo
Deferred Income
Beach hut rental income
20
20
81
12.
Creditors Due After More Than One Year
2021122
£'ooo
509
509
2020121
£'ooo
524
524
Loan due to F&HDC
Following completion of the Beach Chalets and local infrastructure in February 2021,
the Charity had total borrowing with FHDC tolalling £569,500 (see section 5.4 in the
Trustees Report). The borrowing perrod is 10 years and the indicative annual capital
financing cost is estimated to be £62.000 and the Charty will meet the financing costs
over a 10 year period from the gross additional revenue income generated from the
scheme. A sum of £56.544 was repaid during the financial year.
Fund Movements in the Year
13.
a) Movement in current year
Balance at 31
arch 2021
£'ooo
Net
Income Transfers
£'ooo
£'ooo
Balance at 31
March 2022
£'ooo
Restricted Funds."
Capital Grants Reserve
Endowment Fund
Unrestricted Funds.-
Revaluation Reserve
General Fund
27
(37)
2,794
119
119
1,659
13
4.595
143
63
233
1.802
113
4,828
37
The transfers between funds of £37k relate to the transfer of depreciation £35k and application
of capital grants £2k.

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
b) Movement in prior year
Balance at 31
March 2020
£'ooo
Net
Income Transfers
£'ooo
£'ooo
Balance at 31
March 2021
£'ooo
Restrleted Funds."
Capital Grants ReseNe
Endowment Fund
Unrestricted Funds..
Revaluation Reserve
General Fund
2,835
119
20
(51)
2,804
119
1.872
13
4.839
{213}
51
244
1,659
13
4,595
51
14.
Analysis of Net Assets between Funds
2021122
Net
Long
Current
Terni
Assets Liabilities
£'ooo
£'ooo
Fixed
Assets
£'ooo
Fund
Balances
£'ooo
Restrlcted Funds..
Capital Grants Reserve
Endowment Fund
Unresthcted Funds.-
Revaluation Reserve
General Fund
2,794
2.794
119
119
1,802
485
1,802
113
4,828
137
256
509
509
2020121
Net
Long
Current
Terni
Assets Llabi1Stles
£'ooo
£'ooo
Fixed
Assets
£'ooo
Fund
Balances
£'ooo
Restricted Funds."
Capital Grants Reserve
Endowment Fund
Unrestrlcted Funds.-
Revaluation ReseNe
2,804
2,804
119
119
1,659
1,659
General Fund
461
76
524
13
4.924
195
524
4,594
25

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2022
15.
Reconclliatlon of Net Cash Flow from Operating Activities
2021122 2020121
£'ooo
£'ooo
Net (expenditure)fincome for the reportrng period
(as per statement of financial a(aivities)
233
(244)
Adjustments for:
Depreciation charge
Lossl(Gains) on investments
Lossl(Gains) on frAed assets
Dividends. interest and rents from investments
(Increase)IDecrease in debtors
Increasel(Decrease) in creditors
35
(59)
(84)
(157)
(8)
51
48
197
16
(46)
37
Net cash provided byl(used in) operating activities
16. Analysis of Cash and Cash Equivalents
2021122 2020121
£'ooo
£'ooo
Sum held by Folkestone &Hythe District Council
339
235
Total cash and cash equivalents
339
235
17.
Related Party Transactions
The Charity is required to disclose material transactions with related parties, bodies or
individuals that have the potential to control or Influen￿ the Charity (or to be controlled
or InflUen￿d by the Charity). Disclosure of these transactions allows readers to assess
the extent to which the Charity might have been constrained in its ability to operate
independentty (or might have secured the capabilty to limit another party's ability to
bargain freely with the Charity).
Folkestone & Hythe District Council has effective control over the general operations of
the Charity. It is responsible for providing the majority of the Charity's funding by
financing its net cost. The Corporate Trustee duties of the Council are carried out by its
cabinet councillors. The Charty's management and support and grounds maintenan
is provided by Council offi￿rS.
Councillors are required to observe the code of conduct for councillors. register financial
interests under section 81 (1) of the Local Government Act 2000 and register the receipt
of any giftslhospitality over £25. There are no material related party transactions with
councillors to disclose for 2021r22.
Officers are required to observe the code of conduct for officers and register the receipt
of any giftslhospitality. The Charty had no material related paty transactions wtth
officers during 2021r22.
26

FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Material amounts included in the Charity's accounts relating to Folkestone & Hythe
District Council are as follows:
Statement of Financial Activities
2021122
£'ooo
(559)
2020121
£'ooo
(529)
Contribution to finance net expenditure
Provision of management and support services
Provision of grounds maintenance and cleansing
services (see note 5)
662
623
Key Management Personnel
The Corporate Trustee. Folkestone & Hythe Drstrict Council, constitutes the key
management personnel of the Charity. The cabinet members of Folkestone & Hythe
District Council, as listed on page 1, have not re￿iVed any remuneration or expenses
for carrying out the Corporate Trustee function on behalf of the Council.
27