Company no. 02890316 Charlty no. 1042581 Stockwell Park Community Trust Ltd (A company limited by guarantee) Report and Financial Statements For the Year Ended 31 March 2021 BREBNERS Chartered Accountants 130 Shaftesbury Avenue London W1D5AR
Stockwell pa Communlty Trust Ltd Forthe year end 31 March 2021 structur*. govemanc• and managom¢nt Statu8 The Trust is a )86 company limit8d by guaran188, incorporated on 18 January 1995 and registered as a charity on 9 Oecember 1994. Gov•rnlng document The company was eslabli8hed under a memorandum of aSSoa0n whlth established th8 objècts and powers of the charitable compary and is governed under Its articles of association. Appolntment of Tru$t•es The trustees are reappolnled on an 8nnual basis. The board adverlises and recruits for new posts and aceepls new Iruste8s once they have und8rgone training. Members of the Trust guarantee lo contribule an amount not 8xC8lng £110 the assets of the charity in the event of nding up. The lotsl number of such guarantees at 31st March 2021 was 712020- 81. The trustees are momber5 of the charity but thls enutles them only to vong Tights. Reference •nd admlnlstratlve dètslls Company Number 2890316 Charlty number 1042581 Op•ratlonAI •ddre•s stockwell Park Communty TNst Ltd Ayioun Place London SW9 OUD Honorary offic•rs Martin Thomas Chalrman Prlndpal stsff Julle F8wcett MBE Manager The trustees. who are also directors under Company law, who seNed ijvrlng the year and up lo the d818 of thls report were a3 follows- Martin Thomas Karina O'Dohgty Jenathan Barden MBE Chades Orolunda Ina HLJgh8s Bernice Shand Rènnle Rhooms (resigned 7 Moy 20211 Steven Cummlng8 Banker• National Westminster Bank 504 Brlxlon Road London SW 8EB
Stockw•ll Park Communlty Tru95t Ltd For the year end¢d 31 March 2021 Structur•p governan¢• and manag•m•nt S•cretary and Reglstor•d Offlce Julle Fawcett MBE 21 Aon Plac8 stockw811 Lond¢)n SW9 OTE Ind•p•nd•Tht ex•mlnorn Darren Bond Brebners 130 Shafte8iry Avenue London W1D5AR
Stockw•ll Park Comrnunlty Trust Ltd For the ygar ended 31 March 2021 R•p¢rt of the truste•$ The trustees present their report and Ihe flnanciol ststements the year ended 31 Mah 2021. Reference 8nd administr8tlve Inforniation set out on pages 1 and 2 foms part of thls report. The flnanual ststemenls comply h the Chartlles Act 2011, the Companies Act 2006. the K4emorandum and Artlcles of AssocSallon, Accounting 8nd Reporting by CharleS.. Statement of Recommended Practice applicable In the UK and Republic of Ireland IFRS 1021, Issued on 16th July 2014 and Flnancial Rewrbng Stsndard applicabl8 in the Unlled Klngdom and Republic of Irelantj FRS 102 lèffectlve 1 January 20191. ObJ•ct$ of the ¢harlty The oblects of the Stockwell Park Communlty Twsl Llmited are lo promote th8 benefit of the public, In partiwlar those residing In and around the area designated as Stockwell Part¢ Estsle, Brixlon, by advancing eduGafjon, rellevlng poverty, providing facilities for recreation and leisure lim8 occupation, supporting, encouraging and promoting racl81 harmony enlightenmgnt and unity- The trustees conflmi that they h8ve referred to the Charitiès Commission's guldance on public benefit when renewing the Trust's 8ims and objectlves in planning future activities and setting the grant making policy for the year. Actlvltle¥ and revlew It was a very strange ar. The Trust had to clos8 just befcfe the beginning of IAarch 2020 as Covid had alrèady appeared in the Centre. Luckily wè were #b to take up the Government's corOnarS Job Retention Scheme when the first Lockdown was announced. We had apie for some independent funding beforè tho end of the financial y8ar and were delighted that some ol our bids trA)re fruit in 2020- despite the adverse conditions! Our core business was not Intwupted as our amazing team of voluntèèrs kèpl open our ovm Foodbank that is run in partnèrship ¥th Clty HaNesl,. The only change was that food was delivered lo the doorstep during the critical Covld pe0d. Our volunteers also managed to continu8 to man the phone lines that to ensure that referrals to the Trussell Trust continued Ihroughout the year. Over 800 referrals were mgdo durlng thls riod. We were gralefvl to the Bemard Sunley Trust who, in May, awarded the Community Twsl £5.000 to support the upgrade of our kltchen lo enable us lo serve more free meals and store more food for those who ne9ded our support. In June the London Borough of Lambeth awarded us £5.000, as port of thelr Emergency Comd SupFQrt Package, which allowed us to support our volunteers through thls pericKJ by providing their lunches, helping with fare$ and the bung of PPE so that the Foodbank and other seNces could bg run effidently and safely. In July the London Community Foundation awarded the Trust £8.922 towards our'casa Prq'ect '. Thls Prect was to asslsl to embed the Portugue$e Community the centre and local Portuguese resldenls took part, going c1 on the streets of Brlxt¢)n during thè BLM and repatrlatlon demonstrations th our photographer to (k)cument where they now lived and the Issues faced. Other P¢)rtuguese speakers from the Algarve, Funchal 8nd Angola Iwk part in photo sesslons and talked about what they now thought of as 'hune'. The Grant w8S also used lo support those Portuguese who were homeless to take advantage of the temporary a¢commodatlon offered by the Government, lo help them to keep thelr phones topped up 80 that they could kagp In touch wth family overseas and in other parts of the country and lo offèr voluntsry Work to those who Were vulnerable because of mental health dlfficulties or isolotion issues and war& on their own in thi5 unsettling and strange period. They were the ones who helped sort and cary the food to our nelghbours and were able to feel part of somelhing th8t was Posiuve and not at 811 scary as thgy kept in touch th others from their own community as well as others And were Bbla to support 88ch other as they WOTkedl As yel the world has not seen the incredible pho108 that were taken during that period bul w8 planned for the end of Comd to ensure
Stockwell Park Communlty Trust Ltd For th8 y•ar ended 31 March 2020 Report of the trusto68 have an Opening Dayl In September, working wlh Keystonè Community Lab ('Deslgnscapes"l. we were awarded funding lo work on a "co creation" prolect with ¢yJr teenagers. The Project was a'lollow on. from previous work that had been completed in 2019120. A lot of this needed to be completed onllne and on Whatsappl We worked on the idea of brfnging in a Podcast Studlo so that our young peoples, voices could be heard and they could explore the Idea of creating thelr own You Tube Channel where they wanted lo expand thelr digital skills to Include edlung and fllmlng and exploring subjects that they thought neeiled exposure. In O¢ts)b8r wè were fortun8te enough to have our Youth Prolecl"Phoenlx Rising" funded wlh a £10k Investment from th8 Lottery Covld Response Fund. Thls projed involved our youngsters and local resldents In PTovldlng cookery, art, phy3lcal exerclse classes as well as homework support. We employed 8 cOrdInator and organlsed for students and volunteers to come and brlng new skills to the Centre and engage thg young people In acllvlties lo tske thtlr mlnds off of thè knder plclure.. When re5trlcllons were lemporarity lifted wè had some limited training coursas and the NHS used our Centre lo deliver Smmuni8allons that would nomialty have taken plac8 in schools. Cle8rlywe had 8 very dlff8r8nt year to the on8 w8 had planned- we managed to squeeze in a vlrtual Christmas Paty and a performance by the Brixton Chamber Orchèstra that look placg outside In the Hall of Fame. A fantasfjc event which was incluslve lo both Icg 18mi resldents and those le88eholdeTS were new lo the area. W8 are very grateful to all th0$8 who h8lped during this difficult lime 8nd we hope that th8 Twst has wll emerge as a stronger organisalion knowing that we hav& such a flexible and supportivè team of volunte8rs...from those who supported us wth our and kept us on track , .Ihose who helped to de8n and dislnfecl . those who kept th8 phone Ilnes open...Ihose who just Ghecked on their nelghbours and our Board Members who supported us through these unprecedenl8d hard Ilmes. Flnanclal r•vl•w Income for the year increasd by £49.007 10 £275,880. There was a significant Increas8 In Grants. as delalled In Note 11 and a roduction ot £49,801 in Room Hlre income as the direct Impact of COVID-19.Thls was covered by the recelpt of £58,261 through the Government Job Retentlon Scheme. The core fijnding gr8nt from Nerk Homes Inrxeased by £12,834 10 £166,686. There was a modest Increase In outgoing expendlture of £10.824 and the overall result for the year w8S 8 surplus of unrestrlcte(I reserve5 of £50,614. RTY8¥ pollcy The Company currently has unrestrlcted general reserves of £106.536. Thi818 In Ilne ¥th the Companys target of the equlvalenl of three months, expendlture. Rlsk 8tatèm•nt The trustees and staff lolntly revlewed the posslble Sk$ faclng the ttganlsation during the year. Therefore they are aware of the major risks facing the Trust and are taklng adequate steps to protect the Trust. The major rlsks are related to the nature of the work wilhln the community, the of cllents ahd the use of approprlale volunlears and communlty people. Organlsatlon structuro The board ct))sists of 7 trustees, all of whom are el8Cted by the members. A manager is appointed by the board to manage the day lo day running of thè comp8ny.
Stockwell Park Communlty Trust Ltd For the y•ar endèd 31 March 2020 Report of thè tru$tees The trustees The trustees, who are also dlrectors under company law, 0 Served during the year and up to the date of Ihls report werè as follows.. Marun Thom8S Jonathan B8rden Ina Hughes Karlna O'Doherty Rennie Rhooms (reslgned 7 May 20211 Charles Orolunda Bemlce Shand Steven Cummings Appolntment <rf the tru$to•s The Iruslees are roappolnled on an annual basis. The board advertises and recruits for nèw posts and accopls new trustees once they h8v8 undergone training. Memters of the Trust gLJ8f8ntee to contribute an amount not exceedlng £1 to the assets of the charity In the event of winding up. Thé total number ol such guarantees at 31st hAarch 2021 was 812020- 81. The trustees are members of th8 charity bLJt this enlilles them only lo votlng rlghls. Indopondent oxamlnerB Brebn8r8 were appointed as the chatabl0 companV8 independt exarniners 8nd have expressad th8ir Illlngness to contlnue In that paCIty. Small compAny provl8lon8 Thls report has been prepared in accordance whh the speclal provtsions for small ¢¢)mpanies the Companies Act 2006. nder Part 15 of Approved by the trustees on .... 1((4il and signed on their behalf by Martin Thomas- Trustee
Independent examinorfs report to the Trustggs of Stockwg11 Park Community Trust Limited I report lo the charity Iruslees on my examination of the financial ststemenls of the Company for the year ended 31 March 2020, which are set out on pages 7 10 15. Responsibilities and basis of report As the charity's trustees of the Company land also ils directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordanTr with the requirements of the Companies Act 20061'lhe 2006 Acl'l. Having satisfied myself that the financial statements 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 fi'nancial slalements as carried out under section 145 of the Charities Act 20111'the 2011 ACVI. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 {bl of the 2011 Act. Independent examlnerfs statement Since the company's gross income exeded £250,000 your examiner musl be a member ofa body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountsnts of England and Wales, which Is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe". accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act., or the financial stslements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities lapplicable to charities preparing their accounts in aecordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no cOnmS and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the financial statements lo be reached. Darren Bond for Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D SAR 20 DÈcÈmbÈr 2021
Stockwèll pa Community Trust Ltd Statsment of flnanclal activiti•* {In¢orporatlng èn incom• and expendlture account) For the y•ar ended 31 March 2021 2021 T¢)tal 2020 Total Resthcled Unrestrlcted Note Incomlng resources Incoming resources from charitsble 11 activitl&s.' 92,730 183,150 27S,880 226.873 Total Incomlng resou08 92,730 183,150 275,880 226.873 R•sour¢os exp&nd•d Charitable 8clivities 86,973 132,536 219.509 208,68S Totsl resou5 exp•nd•d 86,973 132.536 219,509 208.685 Net Incomlng resour8 for t 5.757 50,614 56.371 18.188 R•eonclllatlon of funds Funds at the start of tho year 55,922 55,922 37,734 Funds at the •nd of tho ygar 5,757 106,536 112.293 55,922 l of the above results are derived from continuing 8cllvllles. There were no other recognlsed galns or losses other than those ststed above. Movements in funds arg disclosed In Note 11 to the nanaal 8talemenls.
Stockwell Park Communlty Trust Lld Balance sheèt As at 31 Mar¢h 2021 2021 2020 FIX •ssetS Tangible fixed assets Computers, Furnibjra & Fkting8 8,753 4,443 Currènt ossets Debtors Cash at bank ané in hand 5,600 53.992 59,592 118.072 118,072 Credltorn: amounts due wlthln 1 year 14,532 8.113 Net Current aB8ets 103,540 51.479 Net assets io 112,293 55.922 Funds Reslricled funds Unregtrfcled funds Gener81 funds 11 5,757 106,536 55,922 Totsl funds 112.293 55,922 For th8 year ended 31 March 2021, the company was ènlllleil to exemption from audit under sectlon 477 of the Gompanies Act 2006 relallng lo small companies. Trustee re$pon8lbllltles: The trusle8s have not requlred the company lo obtsin an aud of its financial stst8ments for the year in question in accordance wlh section 476 The trustees acknowledge thelr responsibile$ for CoMplng th the requirements of the Act th respect to acUntIng records and tho preparauon of th6 financlal statements These financial stslemenls have been prepared in accordance wtth the special provisions Telabno I companies subject to the small Companies reglme within Part 15 01 the Companies 6an accordance urilh FRS 102'The Finandal Reporting Standard, appli¢8ble in the UK Ireland. Approved by the Irustgos . . and sign8d their bghalf by Martin Thomas-Twslee Company Number: 2890316 Charity Number.. 1042581
Stockwell Park Communlty Trust Ltd Notes to the financlal statements For the year ènded 31 March 2021 Company Inlomiatlon The Stockwell Park Communily Trust Ltd is a company limited by guarantee and has no shar6 capital. Th8 liabllity of each memb8r does not exceed £1. 11 is a charity regisler8d in England and Wales wth registration number 1042581. Its ccmpany regislralim number is 2890316 and it is registered in England and Wales. Thè companls registered offic8 is 21 AtsUn Place. Stockwell, Lonijon SW9 OTE Statement of Compllanc• These flnanclal slalemenls have been prepared in accordance wth Accounting and Reporting by Charilles.. Statement of Recommended Practlce applicable lo charities preparing their accounts in accordance the Flnancial Reporb'ng Stsndard applicable in the UK and Ireland IFRS 102 SORPI (effective from 1 January 2019), together with the Companies Act 2006 and Charities Act 2011. Accountlng pollclès Ba¥ls ol pr•paiatlon Slockwèll Park Communty Trust Limited has general ftjnds of £106,536 and nel current assets of £103,540 at 31 March 2021. Thé manager and trustees continue to seek 8dditional unre8lrfcled funding and closely monllor expendlturè. They are also exploring a range of p0s5ibililies to ensure that th¢ Charlty maintalns adequate financing facililes. After making enqurles, the trustees have a reasonaUe expectatlon that the ch8rity has 8dequale ¥esources to be able lo pay its liabilities when they fall due. On this b89iS, the Iruslees conslder il is appropriate lo prepare the financi81 stslements on a goSng concem basls for the year ended 31 March 2021. These financial statement5 have bgon prepared using historfcal cost conv8ntlon, except any items disclosed in the accountlng policl&s 88 belng shown at fair value. and are presented in sterling, which is the functional currency of the entity. Th8 figures presented in the accounts are rounded to the nearest £1. The Irv8t con8Utule8 a publlc benefit enlity as defined by FRS 102. COVID.19 stat•m•nt Whlle the coronavirus pandemic has restrfcled the Chadty's Income4Jenerallng advlties, the Chailty has taken steps to mltlgate this d1snjp0n. The Chaty ha5 taken advantage of the Coronavlrus Job Retention Scheme. and contlnued to apply for, and Tecelve. Its core fundlng. Futher Steps are being taken to secura lellSng8 Sn the Immedlale future. These Bdvilies, along wlth a healthy cash balance, me8n that the Iruslees consider il is approprfate lo prepare the flnancial statements on a going concern basls for the year ended 31 Morch 2021. Incomlng r•sour¢o3 VoluntAry Income Is recelved by way of donations and and 1$ Included in full in the ststemenl of financlal actileS when receivable. Intsngible Income Is recognised as an incomlng resource where the provider of th8 s8Mce has incurr8d a financial c051. Volunteer lim8 is not included In ihe financial statemènts. Grants are recogn18ed In full in the slalèment of financlol advlueg In the year in lCh they are rgcelvable.
Stockwell Park Community Trust Ltd Notes to the financial statements For the y•ar ended 31 March 2021 Accountlng polldes (contlnuedl Grants for the purchase of fixed assets are ueditÈd lo reslrict8d incoming resources whon receivabl&. D8precialion of flxed assets purchased with such grants is charged against the re81cted fLJnd. Whera a fixed asset Is donated lo the Trust for its own us8, it15 treat&d in a similar way to a restricted grant. Room and equipment hlrè is recogniged In the finandal statemènts in the périod in which these seNces aro provided lo local groups. Government grants Grants recelved under the Tem18 of the Govémmenl CDron8virus Job Retenllon Scheme are applied agalnst the salaries paid in th81 month in 8¢cordancé wlh FRS 102 24.6. Resources oxpended Resources expended are recognised Sn the periDd in which they arè incurred. Resources expended include attrlbulabfe VAT whid) cannot be recovered. Resources expended are allocated to a particular activity where the cost rèl8tes directly lo that actSvity. However. the cost of overall dlreclion and adminlstration of each activity, comprising th8 salary and overhoad costs of the central function, is apportioned basèd on the amount of staff tim8 attributable to each acllvity. Govemance cost5 include the management of the charftable company5 assets. organlsational managernent and complSance wth constitution81 and statutory requirements. Tr•de •nd other debtors Trade and other debtors are Inillally recognised al the transaction price 8nd thereafter stated al amortlsed cost uslng the effectlve Interest method, lèss impaim)ent losses for bad and doubtful debts except where the eff8Ct of discounllng would be Immateri81. In such cases. the rècelvables are stated at cost leBS Impaimient Ios885 for bad and doubfful debts. Cash and cash aqulvalènts Cash and cash equivalents comprise cash at bank and on hand. demand deposits banks and othèr short-term highly liquid investrnents Mth original malurllie5 of thre6 months or less and bank overdrafts. In thè stst8m8nl of financial position. bank overdrafts are shovm within borrowings or current liabilitl8S. Trad• and othÈr ¢reditoYs Trade and other cre(JStors are Inltially recognised at the transaction price and are thereafter slated Bt amortised cost usbng the effective interest method unless the effect of dSscounting would be Immaterlal, in which ¢ase they are staled at cost. Flnan¢lèl Instrumentg A flnanclal a8sel or a financial liabillty Is recognised only whon the enlily be¢om9S 8 paty to the eonlraclual provisions of th8 instrument. 10
Stockwell Park Community Trust Ltd Notes to the flnanclal statèments For the year ended 31 March 2021 Aeeountlng polleSos {¢ontinuedl Basic financial instruments are initi'ally recognised al the transaction price, unless the arrang8m8nt conslttutes a financing transaction. where it is r•cognised at th• present value of the future p8ym8nls dlscounled at a market rale of interest for a similar debl instrument. Debt instruments are subsequently measured al amortlsod cost. Financial assets that ar8 measured at cost or amortised cost are reviewed for objective 6Mdence of impaimient at thg end of each reporting dale. If there is objective evKlence of impairment, an impairment loss is recognised in profil or loss immadialely. For all equlty Instruments regardless of slgnmcance. and other flnancial assels that are Sndividually signlficant, these are assessed indlwdually for impaimienl. Other financi81 assets are either assessed indmdually or grouped on the b881s of similar credii risk characlerislics. Any reversals of impairment are recognlsed In prof oT10gs Immedlately. to thè extent that the reversal does not result in a carWng amount of the financial asset that exceeds wh81 the Carrng amount would have been had the Imp8Smient not PreoUslY been recognised. Flxod Aets and Depreclatlon D8preclalion is provided at ralas ¢81culaled lo wrrte down the cost of each asset to 118 èstimated residual value ov8r Its expecled usoful lrfe. The depreciallon rates in use are as follows.. Comput9rs, furnlture & other equlpment 33% str8lghl Ilne Items of equipm&nt ar• capits115ed where the purchasè price exc8eds £800 and are inltially measured al the purchas8 prlce. Depreciation costs are allocated to actiwlies on the basis of the use of the r81ated assets in those activities. Ass6ts are reviewed for impaimient if cir¢umstance5 indicate their carnwng value may exceed their nat re8li58bb value and value in use. Re$trlctÈd funds Restricted fvnds are to be used for specfflc purposes as lald down by the donor. Expenditure whlch meets these crllerlals charged lo the fijnd togelher wllh a fair 811ocallon of management and support costs. Unr•strScted funds Unrestricted funds are don8Uon8 and other incomlng Tescyjrces receivable OT generated for th8 objects of thè charty. Rentals payable under operating leases, where substsnfjally all the risks and rewards of ownership remaln hth the lessor, are charged to tha statement of flnancial activiti8$ in 8 slralghl line basis over the length of the lease. There re no Such operatirrfJ leases in th8 financial year. Legal cases outstanding at thè ye8r end are disclosed as contingont118bllilies until the outcom8 can be reasonauy estimated 8t vthi¢h polnl the costs are provided for. 71
Stockwell Pa Communlty Trust Ltd Notes to the flnanclal statemonts For the year onded 31 March 2021 Incoming r•sour¢e* from charSt•bl• actlvltl•s 2021 Total 2020 Total Re8tri¢tsd Unreslrict8d Gran18 Core frjndlng & hall hlre Incom8 92,730 92.730 183,150 6,756 220,117 183.150 92,730 183.150 275.800 226,873 Grants Includè £58.261 recglved under the condltlons of the Government Job R8lentlon Schemo. 12
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Stockwell Park Communlly Trust Ltd Motes to the financlal statements for the year •nded 31 March 2021 4. N•t oulgoing r•sourcgs for the year This is ststed after charglng I crediting: 2021 2020 DepreclatSon Trustees, rgmungratlon Trustees, reSmbursed expenses Independent examlnerfs remuneration.. Year to 31 March 2021 Year 10 31 March 2020 Under I Ioverl provision 3.858 6.008 4,000 3,500 (8401 280 S. Staff ¢ost8 and numb•rs Stsff costs w8r8 as follows: 2021 2020 Salarfes and wages Pension contrlbulions Soclal security costs 110,739 2,969 2.910 114,096 2,980 116,618 117,076 No Trustee recewed any remuneration or reimbursem8nt of expenditure during th8 year. Total remuneratlon due to key managemènt personnel during the year was £39,10912020'. £39,113). No 8mploye88 eamed more than £60.000 during the year The average weekly number of employees during thè y8ar w88 88 follows: 2021 2020 Community centre fj. Tpxatlon The Gharity is exempt from corp¢yallon tax as all its income charitsble and Ss appllad for charitable purposes. 14
Stockwell Park Communty Trusl Ltd Mote8 to the ftnancial statements for tha year endod 31 March 2021 7. Tanglbl• flxod assets Furnilura & Equipment Total Cost At tha Start of th• y6ar Additions 30,067 12,532 30.067 12,532 At the end of the yEar 42,599 42,599 Dopreclatlon At the start of the year char for the year 25,824 8,222 25,624 8,222 At thè end of the year 33.846 33.846 Net book value At the end of the year 8,753 8,753 At the 8tart of the year 4,443 4.443 8. D•btorn 2021 2020 Trade debtors 5,600 5,600 9. Credlt¢rs: arnounts wlthln 1 year 2021 2020 Trade credS1rys and accrv8ls 14532 8,113 14,532 8.113 15
Stockwell Park Community Trust Ltd Notes to the Ilnancl¥l statements for the year ended 31 March 2021 10. Analysls of net assets bet0n funds Restricted Unr8Stricte funds d funds Total funds Tangible fixed assets Nel current assets 5,757 2,996 103,540 8.753 103,540 Not assets it the end of th• year 5.757 106,536 112.293 11. Movements In funds Al 31 M8rch 2020 At 31 March 2021 Incomlng Outgoing Restrfctfrd funds The London Communtty Foundation Bemard Sunley Charltable Foundallon London 8orough of Lambeth VCS Fund DESIGNSCAPES H2020 The Natlonal Lottery Community Fund Coronavlrus Job Retention Seh8m& 8,922 5,000 5,000 5.547 10,000 58,261 8.922 1,667 5.000 3,123 10,000 58.261 3.333 2.424 Totsl r•$tricted fundB 92,730 86,973 5.757 Name of fund The London Communty Foundation Funding for a project to help Portuguese•spe8king Ioc81 people integrate Into the community- Bernard Sunley Ch8rilable Foundatlon Kltchen Equlpment. London Borough of Lambelh VCS Fund To combat impacf of COVID- 19 PandemlG DESIGNSCAPES H2020 Development ofmedia Hub The National Lottery Communlty Fund COVID- 19 Response corona& Job Retention Scheme Nalional scheme to prole¢lJobs 81 rtsk du8 to th coronavlrus pandemic andlockdown. At 31 March 2020 At 31 Mareh 2021 Unr•8trlcted funds Incoming (gOIng General funds 55,922 183,150 132,536 106.536 Total unrestricted funds 55,922 183.150 132,536 106,536 Tolal fund$ 55.922 275.880 219.509 112,293 12. R•lat¢d party tranlaction During the year the charity received £166,686 in Core Fundlng from Nerk Houslng Group, the charSty'$18ndlord. Network Housing Group includes Community Trtjst Housing, which entered into an Inlra-Trus1 agreement in 2010. under the temis of whlch CTH has undertaken to providè Core funding lo cover operatSonal oxpenditure Such as $8larfes and 8ceS. 16