||||~pa e| |---|---|---|---| |Legal and administrative|Information||| |Report ofthe trustees|||| |Report ofthe auditors|||| |Statement of Rnanclal|Activities||1B| |Balance Sheet|||| |Cash Flow Statement|||| |Accounting
policies|||13-14| |Notes forming part ofthe financial statements|||15-19| |Detailed income g espenditure||account|| |Page Jgdoes notform|port af|the statutory accounts.|| ## |Trustees|end dire|ctor|s|||||| |---|---|---|---|---|---|---|---|---| ||||||I E Deightonvv||(resigned 15/10/2021)|| ||||||M K Kohli (Treasurer)"
(resigned 19/10/2022)|||| ||||||RI Sinclair Tayiar"||(resigned 19/10/2022)|| ||||||A Sethi**|||| ||||||I E Loweve||(resigned 19/10/2022)|| ||||||RStephens'"|||| ||||||ACastro"|||| |"-Management||committee members are|||A Kashyap "v
8 A Torment "s
fI ED Burchett"
(appointed
2/12/2021)
(appointed
2/12/2021)
{appointed 2/12/2021)
also, for the purpose ofthe Companies
Act 2006,|||| |company directors.||||||||| |Key management||gr|personnel||sKeeton-Acting|Chief Executive||| ||||||Wleaves-Services||Director|| ||||||8Ghebreyesus|-Finance Director||| |Administration||and||registered||||| |office:|||||164Mackenzie|Road||| ||||||London|||| ||||||NT BSE|||| |Charity registration|||nou||1086165|||| |Company|regtstratlan|||nao|039892S3(England||ik Wales)|| |Auditars:|||||Christopher
Michael Omited|||| ||||||Chartered
Certlhed||Accountants|ik Statutory Auditors| ||||||26Station Rd|||| ||||||New Barnet|||| ||||||Halts|||| ||||||ENS 1QW|||| |Bankers:|||||COIF Charity Funds|||| ||||||Co operative
Bank|||| ||||||Barctays Bank|||| |Funding|authorhies:||||LBofIsiington|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Reserves pogcy snd going concern||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The Trustees have established s reserves pogcy and review this at least annusgy.||Within|unrestricted|||||funds,||||||| |E95„000(2021:E95,000) is held as a designated
fund to cover dosures costs up||to 6 months||||in the
event ofthe|||||charity||ceasing to|| |operate. The remaining
unrestricted
funds af8234,544(2021.8143,489)are used by the|||charity||||to fulRI a 'number||||ofroles, Indudlng|||| |as operating capital and supporting
the funherance
ofthe charity's objectives.||||||||||||||| |Fixed Assets||||||||||||||| |The movement
ln fixed assets are shown in note 14ofthe gnanclal statements||||||||||||||| |Plansforfuture
periods||||||||||||||| |Funding
for the year 2022/23 hss been secured
fram 18 isgngtun
with total||grants|receivable for the year af|||||||||F948,909 for the||| |Charities' core activities snd the alm ofthe Trustees Isto funker develop the|chgdren's|||centre, the pnwision||||||of|nursery||education|| |and outreach services in Islington
and the surrounding
areas||||||||||||||| |Trustees responslbigdes
In relation tothe flnandal statements||||||||||||||| |The charity trustees
(who are also directors of the company
for the purposes||of company|||||law)|are responsible||||for preparing||4| |trustees'
annual
report
and
financial
statements
in accordance
with applicable
law|||and||Untted|||Iangdom||Accounting|||Standards|| |(United
Kingdom
Germregy Accepted Accounting
Practice).||||||||||||||| |-select suitable accounting
policies and apply them consistently;||||||||||||||| |-observe the methods
and principles
in the Charities SORp;||||||||||||||| |—make judgments
snd estimates that are reeumable
and prudent;||||||||||||||| |-state whether
applicable
UK accounting
standards
have been fogowed, subject||to any|material||||depsrtwes||disdosed|||||| |and explained
in the flnandal statements.||||||||||||||| |- prepare gnandal
statements
on a going concern basis unless it Is Inappropriate||to presume||||that the charity|||will continue|||||| |In operation,||||||||||||||| |The trustees
are responsible
for keeping
accounting
records
which
disclose|with reasonable||||||accuracy at|||any|time the financial|||| |position ofthe charity and enable them to amore that the Rnsnclal
statements||comply|with|||the Companies|||Act 2006.They are also|||||| |responsible
for safeguarding
the assets ofthe charity
and hence for taking reasonable||||steps|||for|the prevention||||and detection of||| |fraud and other Irregularities.||||||||||||||| |Directors snd trustees||||||||||||||| |The trustees
who are directors for the purpose of company
law who have served during||||the||year||and up to||the|date of||this report|| |sre set out on page 1.||||||||||||||| |Statement as to disclosure toour auditors||||||||||||||| |In so fsr as the trustees are swwe atthe time ofapproving
our trustees'
annual|report:|||||||||||||| |-there is no relevant
information,
being information
needed
by the auditor
In mnnection||||with|||Preparing
then|||report,||||| |ofwhich the company's
auditor
Isunaware;
and||||||||||||||| |-the trustees,
having made enquiries offegow directors and the company auditor that|||they||aught|||to have lndivlduagy||||||| |taken, have each taken sg steps that he/she
Is obliged totake as s director
In|arder to||make|||themselves||||||||| |aware ofany relmrant
audit information
snd to establish that the auditor is aware ofthat information.||||||||||||||| |gy order ofthe board oftrustees||||||||||||||| |Annie Tennant||||||||||||||| |Trustee L Company
Director||||||||||||||| ## ## ## ## ## |Statement
o
forthe year|ffinancial activi
ended 31March|ties
2022|||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted/||As restated| |||||Restricted|Designated|Total|Total| ||||~No es|Funds|F~und|~2022 22|20~QDS| |||||f.|4|E|4| |Income:|||||||| |Danations and restricted grants|||3|1,126,029|3,450|1,129,479|1,171,333| |income from|Charitoble octlvities:||||||| |Supporting
play Activity||||||276,873|173,252| |income from|other charitable|activities|||||| |Fundraislng|86other income||||||129| |Total income||||1226.626|280,369|1,406,398|1,344,714| |Expenditure|||||||| |Expenditure|on charitoble activities:||||||| |Direct Charitable
expenditure|||6|1,126,029|174,065|1,300,094|1,335,103| |Management|and administration||||8,256|8,256|5,700| |Total expenditure||||12t6621|182,321|1,308,350|1,340,803| |Net Income/)expenditure)||and net mavements|||||| |in funds before gains and losses on investments|||||||| ||||||98,048|98,048|3,911| |Tatal funds|brought forward||||238,489|238,489|234,578| |Total funds|carried forward||||336137|366,637|238 81| |ISLINOTON
PLAY ASMCIATTON
5tetement ofcash Sows
Forthe
aar ended 31March 2022|||||| |---|---|---|---|---|---| |||||2021/22|2020/21| |||||Total|Prior year| |||||Funds|Funds| |Cash flows from operating
acthrhlew||||5|5| |Net cash provided
by (used ln}upwatlng|activities|||(55,252)|233,102| |Net operating
activities||||55,252}|| |Cash flows from Invmalng
ctlvltles|||||| |Dividends,
Interest and rents from Investments||||46|129| |Proceed from the sale of property,
plant snd equipment|||||| |Purchase of propeny,
plant and equipment||||(3,009)|(1,598)| |Nat cash provided
by/ (used In) Investing|activities|||2963|1469)| |Change
in cash and cash equihelerits
In the reporting
pw'lod||||(58,215)|231,633| |Cash and cash equivalents
at the beginning|ofthe reporting||period|400,613|168,980| |cash and cash equivalents
atthe end ofthe repordng||period|||| |Recondgatkm
ofnet movement
in funds|tn net cash Sow||fmm operating activities||| |Net movement
In funds forthe reporting|period (ss per|the|SOFA)||3,911| |Adjvstrnenw
fern|||||| |Depreciation
charges||||1,109|475| |Dividends,
interest and rents from investments||||(46)|(129)| |(increase)/decrease
in debtors||||(174,239}|139,369| |increase/(decrease)
in creditors||||19,876|89,456| |Nat cash provided
by (used in) operating|activities|||(55,252)|233,102| |Analysis ofcash and cash equivalents|||||| |Cash In hand||||342.398|400,613| |Tonal cash and cash equivalents||||342,398|400,613| ## ## ## ## ## ## ## ## ## ## ## ## |2|Nnanciel
perfonnance|Nnanciel
perfonnance|afthe|afthe|charity|||2021/22|2020/21| |---|---|---|---|---|---|---|---|---|---| ||||||||||E| ||Income|||||||1,406,398|1344,714| ||Expenditure|an charitable||attivities||||1,298,985|1,334,628| ||Expenditure|on management|||and administration|||8,256|5,700| ||Depreciation|||||||1,109|475| |||||||||1300330|1,340,803| ||Net income|||||||98,048|3,911| ||Total funds|braught forward||||||238,489|234,578| ||Total funds|carried forward||||||336437|| ||Represented|by:|||||||| ||tin restricted|funds||||||336,537|| |3|Income from Oanations||end||Grants||||| ||Grants receivable||||||||| ||L8 Islingtan|- Core grant||||||1,081,580|999,362| ||Biglottery||||||||| ||29th Msy 1961Charitable|||Trust||||1,500|1,500| ||Small fundings|||||||14,760|30,609| ||International|women's|day||||||860| ||HMRC Furlough
grants||||||||137,202| ||Others|||||||8,779|1300| ||Landan Mayor's fund|||||||3,200|500| ||Big Alliance|||||||9,460|| ||Healthy Winter Holiday||&|lslingtan||||5,000|| ||Museum ofLandon|||||||1,750|| |||||||||1,126,029|1,171,333| |4|Income from charitable||activities||||||| |||||||Activity|||| ||Advancing|education ofchildren-||||supporting|play activity|276,873|173,252| ||||||||2021/22|2020/21| |---|---|---|---|---|---|---|---|---| ||||||||f|| |5|Income from other charitable activities|||||||| ||Fundraising|||||||| ||Interest receivable|||||||129| |||||||||129| |6|Analysis ofexpenditure|on|charitable activities|||||| ||Supporting
Play acthrlty|Direct costs|||||1,300,094|1,335,103| ||Support costs|||||||| ||||||||1,300,094|1,335,103| |7|Analysis ofgovernance|and|support cost|||||| ||Supporting
play activity|||||||| ||Audit and accountancy||||||7,116|5,100| ||Legal &professional||||||1,140|600| ||Bank charges|||||||| |||||||||5,700| |8|Net income /(expenditure)||forthe year|||||| ||This is stated after charging:|||||||| ||Depreciation
-owned assets||||||1,109|475| ||Auditors
remuneration|for|audit services||||7,116|5,100| ||Auditors
remuneration|for|other services|||||| |9|Analyses of~ffcosts,|trustee remuneration|||and expenses, and the costofkey|||| ||manaaement
oersonnel|||||||| ||Wages and salaries||||||969,278|1,012,495| ||Employers
national
insurance||||||73,492|70,584| ||Employers
Pension||||||22,510|23,428| ||Agency &seasional staff||||||24,838|18,348| ||||||||1„090,118|1,124,855| ||The average number of|staff employed||during|the year|||| ||were as follows:|||||||| ||Direct charitable||||||72|64| ||Administration
& support||||||6|6| ||||||||78|70| ||The number of employees||whose emoluments||as defined for taxation|purposes||| ||amounted toover E60,000||in the year were as||follows:|||| ## ## ||||Fixtures G|| |---|---|---|---|---| ||||Fittings|Total| |14|Tsrlglble flxetl assets||E|E| ||Cost:|||| ||At 1April 2021||9,531|9,S31| ||Additions||3,009|3,009| ||At 31March 2022||12,540|12,540| ||Depredauan|||| ||At 1April 2021||8,105|8,105| ||Charge
in year||1,109|1,109| ||At 31.March 2022|||9,214| ||Net baok value|||| ||At31March 2022|||| ||At31Iularch 2021|||| |15|Debtors|||| ||Amounts due widdn ane year:||2021/22|2020/21| ||other debtors||186,501|10,906| ||fees debtors||2,585|3,941| ||||189,086|14,847| |16|Creditors|||| ||Amounts
falling|due within one year:|2021/22|2020/21| ||Trade creditors||36,908|25,472| ||Fees creditors Gdepasits||¹4,010|38,851| ||Other creditors||29,503|26,769| ||Itorlday psy accrual||31,511|32,205| ||Accrued expenses||7,116|5,100| ||Loans||10,484|| ||||159,532|128,397| |17|Creditors|||| ||Amounts
fsging|due more than ons year:||| ||Loans||38,741|50,000| ||||38,741|50,000| ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |18|Deferred income|||||||2021/22|2020/21| ||Balance as|at 1April 2020|||||||| ||Amount
released to income earned|||from charitable||activities|||| ||Amount deferred
In the||year||||||| ||Balance as|at 31March|2021||||||| |||||||||2021/22|2020/21| |19|Analysis ofcharitable
funds||||||||| ||Analysis ofmovement||in unrestricted||funds||||| ||Unrestricted
-General reserve:||||||||| ||Balance at|1April 2021||||||143,489|139578| ||Movement|In year||||||98,048|3,911| ||Inter-fund|transfers|||||||| ||Balance at|31March 2022||||||211.537|143489| ||Desi noted|- Reserve fund:|||||||| ||Balance at|1April 2021||||||95,000|95,000| ||Movement|in year|||||||| ||Balance at|31March 2022||||||95,000|95,000| ||Restricted|funds|||||||| ||Balance at|1April 2021|||||||| ||Inter-fund|transfers|||||||| ||Balance at|31March 2022|||||||| ||Total|||||||336,537|238,489| |20|Analysis between fund||balances||||||| ||||||||Unrestricted||| ||||||||General|Designated|Total| ||||||||6|6|6| ||Tangible fixed assets||||||3,326||3,326| ||Cash at bank and In hand||||||250,724|91,674|342,398| ||Other
net|current assets/ (liabilities)|||||(9,187)||(9,187)| ||||||||244,863|91,674|336,537| |21|Analysis ofRestricted|Funds|Funds||||| |---|---|---|---|---|---|---|---| |||||Balance|Incoming|Resources|Balance at| ||Funders name|||1/4/21|Resources|Expended|31/3/22| |||||E|E|6|E| ||L BIslington - Core grant||||1,081,580|(1,081,580)|| ||29th May 1961Charitable||Trust||1,500|(1,500)|| ||5mall fundings||||14,760|(14,760)|| ||Others||||8,779|(8,779)|| ||London Mayor's fund||||3,200|(3,200)|| ||BigAlliance||||9,460|(9,460)|| ||Healthy Winter Holiday|8|Islington||5,000|(5,000)|| ||Museum
of London||||1,750|(1,750)|| ||||||1,126,029|1,126,029)|| ## ## ## |||2021/22|2020/21| |---|---|---|---| |Within|1year||| |Within|two to five years|||