2021-03-31-accounts - Park Lane Centre

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		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report
Statement ofFinancial Activities	6	to	7
Statement ofFinancial Position	8	to	9
Notes to the Financial Statements	10	to	17
Detailed Statement ofFinancial Activities	18	to	19

FOR THE YEAR ENDED	31MARCH 202	1
					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Rental incollle			200,895		200,895	243,956
Community Services grant			10,600		10;600	10,600
Park Lane Centre events						7,413
Woodys Warren Playbarn				3,909	3,909	48,866
Brook Park Cafe				12,897	12,897	33,124
Youth Funding						5,000
Woodside Children Centre						15,000
TWC Covid 19Business Support Grants			48,000		48,000
Coronavirus Job Retention	Scheme			49,001	49,001
Misc grants				13,272	13,272
Holiday Activities &Eat Well Fund				10,054	10,054
Breakfast Provision grants				25,336	25,336
Stay at Home grants
				13,110	13,110
BBCChildren in Need grants				8,995	8,995
Woody's Warren Covid 19	Restart grant			12,803	12,803
Investment income			42		42	81
Other income			11,668		11,668	7,084
Total			271,205	149,377	420,582	371,124
EXPENDITURE ON
Charitable activities
General unrestricted fund			237,993		237,993	273,390
Community Services grant
Park Lane Centre events						7,416
Woodys Warren. Playbarn				11,071	11,071	42,688
Brook Park Cafe				12,897	12,897	33,125
Gym Grant				1,696	1,696	5,383
Heritage Fund						10,000
Madeley Town Council				2,147	2,147	2,146
Youth Funding						5,000
Woodside Children Centre						15,000
Coronavirus Job Retention	Scheme			49,001	49,001
Misc grants				12,447	12,447
Holiday Activities &Eat Well Fund				9,901	9,901
Breakfast Provision grants				25,336	25,336
Stay at Home grants
				13,110	13,110
Total			237,993	137,606	375,599	394,148
NET INCOME/(EXPENDITURE)			33,212	11,771	44,983	(23,024)

					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
RECONCILIATION	OFFUNDS
Total funds brought	fonvard		42,132	77,888	120,020	143,044
TOTAL FUNDS CARRIED FORWARD			75,344	89,659	165,003	120,020

31MARCH 202	1
						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes				K
FIXEDASSETS
Tangible assets				10,727	66,883	77,610	91,137
CURRENT ASSETS
Debtors				1,601		1,601	14,257
Cash at bank and	in hand			73,952	22,776	96,728	37,280
				75,553	22,776	98,329	51,537
CREDITORS
Amounts falling	due within one year			(10,936)		(10,936)	(22,654)
NET CURPNNT ASSETS				64,617	22,776	87,393	28,883
TOTAL ASSETSLESSCURRENT
LIABILITIES				75,344	89,659	165,003	120,020
NET ASSETS				75,344	89,659	165,003	120,020
FUNDS
Unrestricted funds:
General fund						45,259	17,057
Building Maintenance		Life Cycle Reserve				30,085	25,075
						75,344	42,132
Restricted funds:
Woodys Warren Playbarn						52,528	59,690
Gym Grant						7,916	9,612
Madeley Town	Council					6,439	8,586
Misc grants Holiday Activities 4Eat Well Fund						825 153
BBCChildren	in Need					8,995
Woody's Wan en Covid 19Restart grant						12;803
						89,659	77,888
TOTAL FUNDS						165,003	120,020

Plant and	machinery	15%on cost
Fixtures and fittings		20%on cost
Woody's	Warren Playbarn	15%on cost
Computer	equipment	25%on cost

INVESTMKNT INCOM	E
		2021	2020
Deposit account interest		42	81
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated aAer charging/(crediting):
		2021	2020
Depreciation —owned assets		15,610	17,660

The averag	e monthly number ofemployees during the	year was as follows:
		2021	2020
Administration		2	2
Charitable	activities	14	14
		16	16

6.	TANGIBLE FIXEDASSETS
			Fixtures	Woody's
		Plant and	and	Warren	Computer
		machinery	fittings	Playbarn	equipment	Totals
	COST
	At 1 April 2020	17,523	41,647	95,500	13,440	168,110
	Additions		62		2,021	2,083
	At 31March 2021	17,523	41,709	95,500	15,461	170,193
	DEPRECIATION
	At 1 April 2020	2,211	27,341	35,810	11,611	76,973
	Charge for year	1,996	5,264	7,162	1,188	15,610
	At 31March 2021	4,207	32,605	42,972	12,799	92,583
	NET BOOKVALUE
	At 31March 2021	13,316	9,104	52,528	2,662	77,610
	At 31March 2020	15,312	14,306	59,690	1,829	91,137
7.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2070
	Trade debtors				1,601	13,964
	Prepayments					293
					1,601	14,257
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
	Trade creditors					2,617
	Social security and other taxes				1,547	3,608
	Other creditors				912	5,735
	Accrued expenses				8,477	10,694
					10,936	22,654

MOVEMENT IN FU	NDS
					Net
					movement	At
				At 1/4/20	in funds	31/3/21
Unrestricted funds
General fund				12,047	33,212	45,259
Building Maintenance	Life	Cycle	Reserve	30,085		30,085
				42,132	33,212	75,344
Restricted funds
Woodys Warren Playbarn				59,690	(7,162)	52,528
Gym Grant				9,612	(i,696)	7,916
Madeley Town Council				8,586	(2,147)	6,439
Misc grants					825	825
Holiday Activities &Eat Well Fund					153	153
BBCChildren in Need					8,995	8,995
Woody's Wan en Covid 19		Restart	grant		12,803	12,803
				77,888	11,771	89,659
TOTAL.FUNDS				120,020	44,983	165,003
Net movement in funds, included			in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				271,205	(237,993)	33,212
Restricted funds
Woodys Warren Playbarn				3,909	(11,071)	(7,162)
Brook Park Cafe				12,897	(12,897)
Gym Grant					(1,696)	(1,696)
Madeley Town Council					(2,147)	(2,147)
Coronavirus Job Retention		Scheme		49,001	(49,001)
Misc grants				13,272	(12,447)	825
Holiday Activities &Eat Well Fund				10,054	(9,901)	153
Breakfast Provision				25,336	(25,336)
Stay at Home grant				13,110	(13,110)
BBCChildren in Need				8,995		8,995
Woody's Warren Covid 19		Restart	grant	12,803		12,803
				149,377	(137,606')	11,771
TOTAL FUNDS				420,582	(375,599)	44,983

					Net
					movement	At
				At 1/4/19	in funds	31/3/20
Unrestricted' funds
General fund				15,442	1,615	17,057
Building Maintenance		Life	Cycle Reserve	25,018	57	25,075
				40,460	1,672	42,132
Restricted funds
Woodys Warren Playbarn				66,852	(7,162)	59,690
Gym Grant				15,000	(5,388)	9,612
Heritage Fund				10,000	(10,000)
Madeley Town Council				10,732	(2,146)	8,586
				102,584	(24,696)	77,888
TOTAL FUNDS				143,044	(23,024)	120,020
Comparative net movement			in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				310,587	(308,972)	1,615
Building Maintenance		Life	Cycle Reserve		57	57
				310,587	(308,915)	1,672
Restricted funds
Park Lane Centre Events				7,414	(7,4'14)
Woodys Warren Playbarn					(7,162)	(7,162)
Brook Park Cafe				33,125	(33,125)
Gym Grant				(2)	(5,386)	(5,388)
Heritage Fund					(10,000)	(10,000)
Madeley Town Council					(2,146)	(2,146)
Woodside Children	Centre			15,000	(15,000)
Youth Services				5,000	(5,000)
				60,537	(85,233)	(24,696)
TOTAL FUNDS				371,124	(394,148)	(23,024)

				Net
				movement	At
			At 1/4/19	in funds	31/3/21
Unrestricted funds
General	fund		15,442	34,827	50,269
Building	Maintenance	Life Cycle Reserve	25,018	57	25,075
			40,460	34,884	75,344
Restricted funds
Woodys	Warren Playbarn		66,852	(14,324)	52,528
Gym Grant			15,000	(7,084)	7,916
Heritage	Fund		10,000	(10,000)
Madeley	Town Council		10,732	(4,293)	6,439
Misc grants				825	825
Holiday	Activities &Eat Well Fund			153	153
BBCChildren in Need				8,995	8,995
Woody's	Warren Covid 19Restart grant			12,803	12,803
			102,584	(12,925)	89,659
TOTAL	FUNDS		143,044	21,959	165,003

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				581,792	(546,965)	34,827
Building Maintenance		Life	Cycle Reseive		57	57
				581,792	(546,908)	34,884
Restricted funds
Park Lane Centre Events				7,414	(7,414)
Woodys Warren Playbarn				3,909	(18,233)	(14,324)
Brook Park Cafe				46,022	(46,022)
Gym Grant				(2)	(7,082)	(7,084)
Heritage Fund					(10,000)	(10,000)
Madeley Town Council					(4,293)	(4,293)
Woodside Children	Centre			15,000	(15,000)
Youth Services				5,000	(5,000)
Coronavirus Job Retention			Scheme	49,001	(49,001)
Misc grants Holiday Activities k Eat Well Fund				13,272 10,054	(12,447) (9,901)	825 153
Breakfast Provision				25,336	(25,336)
Stay at Home grant				13,110	(13,110)
BBCChildren in Need				8,995		8,995
Woody's Warren Covid 19			Restart grant	12,803		12,803
				209,914	(222,839)	(12,925)
TOTAL FUNDS				791,706	(769,747)	21,959

FOR THE YEAR ENDE	D 31MARCH 2021
		2021	2020
INCOME AND ENDOWMENTS
Investment income
Deposit account interest		42	81
Charitable activities
Rental income		200,895	243,956
Woody's Warren income		3,909	48,866
Brook Park Cafe		12,897	33,124
Community Services grant		10,600	10,600
Park Lane Centre events income			7,413
Telford &,Wrekin Council	grant	23,000	5,000
Covid 19Stay at Home "boredom buster" packs		13,110
Woodside Children Centre			15,000
Coronavirus Job Retention	Scheme	49,001
Misc grants		13,272
Holiday Activities &Eat Well Fund		10,054
Breakfast Provision		25,336
TWC Covid 19Business Support Grant		25,000
BBCChildren in Need		8,995
Woody's Warren Covid 19Restart grant		12,803
		408,872	363,959
Other income
Te!ephone &photocopier	recharges	2,721	2,409
Other income		8,947	4,675
		11,668	7,084
Total incoming resources		420,582	371,124
EXPENDITURE
Charitable activities
Wages		145,533	158,078
Social security		2,397	4,728
Pensions		3,434	3,761
Rates and water		4,537	8,962
Insurance		10,640	11,414
Light and heat		26,381	37,654
Telephone		6,447	5,083
Postage and stationery		2,310	1,746
Advertising		474	30
Sundries		2,836	1,868
Travelling expenses		310	927
Computer expenses		6,278	10,219
Training costs		633	1,199
Photocopier &fax expenses		777	743
Carried forward		212,987	746,417

FORTHE YEAR ENDE	D 31MARCH 2021
		2021	2020
Charitable activities
Brought forward		212,987	246,412
Property repairs &maintenance		21,203	18,138
Cleaning &waste disposal		15,322	11,898
Safety &security costs		3,823	5,189
Park Lane Centre events expenditure		660	9,151
Bad debt write off		1,208	4,596
Consultancy fees		7,487	9,411
Woody's Warren expenses		4,926	35,226
Brook Park Cafe		6,810	15,558
Donations		54,448
Biomass boiler		26,416	17,189
		355,290	372,768
Support costs
Management
Depreciation oftangible	and heritage assets	15,609	17;660
Finance
Bank charges		74	60
Governance costs
Accountancy fees		4,140	2,365
Legal fees			996
Licences &subscriptions		486	299
		4,626	3,660
Total resources expended		375,599	394,148
Net income/(expenditure)		44,983	(23,024)