PARK LANE CENTRE RF.PORT OF THE'I'RUSTEES for ihe Year F.nded 3 1st larC1) 2024 TIIL truslL'es i%,l)o are also direclurs of IhL charity for tl)e PUTposes of IliL' Coinpai)ics Act 200(), presci)I IhLir rcport iviili tl)¢ financial st¢ilcniciils of Ihc charity lor Ihc ycar cndid 31st Nlarch 2024. Thc tnistccs h<ll'C iidoptcd the proi'isions of Accounting aiid RLPI)rtii)g by ChaiiliLs.' StalLiiiLI)l (If RLLui))iiiLI)dLd PiaLIILL JppIILablL tu cliariliLg piipariiig Ilicir aiioiiiil.% iii aciordaiicc ii'iih tlic Fiiiaiicial Reportiiig Standard <1pplicable in the UK aiid Republic of Ireland (fRS 102) (efl-eetii'e l January 2019). ACI1JEIFElET A'D PIRFORIIAP*'CE Charitable actii'ilies Staffing Staff hai'e contlllLied to uiidertake Iraii)ing aiid refiesl)er courses are con)plcled online. Over this year Ihcrc have becn 8 regular volunlLer.q, Ivho SLlPPOrt in Ihc carc and iviih cusloii)cr scrviccs as ivcll as d¥lii'L'ring frec bool C¢in)p Sessions lo Io¢iil people. Ve are also eoiiin)itted to providiiig ii'ork exi)eriei)ce opportuiiilies and liai'e provided 6 placen)enlb dliring illi% year. L¢seholderS OIIL l)I' oiir IL¢1seliiil(Icr% Ii¢l% CXPiiiidLd IliLir pr41cIiiL, rLsiiliiiigF jii Il)c nLLd fi)r iiiur¥ SllclC¢ iviiliiii our ¢¢I)Ir¢. Tlie rL'maii)ing lea.sel)oldei'.4 1¢ re riot diie tu b¢ I'ciicii'ed lor a liirtlier 4 yiars. Voody's M',Irrci), C'al¢ &liid Plil>'bJrn Vuudy's NV41rrLI) IVIIS SIILLL%sliil in conlinLiin& l() inLrLiqSL d¢qily ir¢ldi as II'LII as olTsLllingF ninning7 costs iN'iili ilb fLguliir ¢onlr£lLIs. ioii'¢i'cr IIIL, cos1% ol. loud ilLIii% Lonliiiii¢cl iu iiiLrL'as¢. Ei't'iits V¢ rill) 41 IILinib¢r of ei'ci)ts ui'cr Ihc ycar 1£ s shoi%'i) bcloiy.. Flolidciy E4ilii'ell Aclivilie. YoiiilTr festll'¢l1 Cliil(IrLll's dibLOS Coronatioii eelcbrcilioiis HoJllli lln(J SJfoli' ThLfL Ii'LfL nv riiiurliiblL clLLidLiils diiring Iliis Iin¢iniial YL, Ai Ihc slclrt of Ihc yciir, signific¢1 nl rcpairs ii'crc mi?dL diiL lo d11 m11 ge C¢liiscd by iiiobilily scoolcrs lo b()Ih tli¢ lift rf1nd a SCI uf duublc Eni'iroiiiiii'iiliil Thc Cci)IrL IILI5 Colltiiiiicil ils coinn)ilnici)I lo Incikc 115 little ei)vironiiici)Icil iliipcict J5 Pobsiblc. Lardbo;Ird, p'ipcr, glass, Pl1st1¢, caiis, IoiiLf L¢lriridg¢s, baltiri¢ts ¢?Iiil li&Jlit biilbs <ifL Ll)IILLled for rLL)'LIii)&'. Our Bii)Ill¢i%% B()ilLf ciiid fiiii(ILJ Siiliir PiillLlliiig i11slcilliilii)ns hcli) Illcikc LIS 111(Irc ci)i'iruni)ILI)ILIIIy 51151ainciblL Il)ruii¥li L41rbvn nciilral pruvision. Tlic asl) Ivasle froni Ilie biomass is Irec for gardcncrs to LolleLI lo improve Ihcir soil. Tl)L 2 duiiblL cILLlriL VLliiLIL Ll)argc puiiits iii our Lar park alluiv Lu.%tUlllLrb ii'iili cliclrii i'clii¢l¥% to ai¢¢ss cliarg?jiio aiid Iielp us provide <1 sern'ice ii'hi¢h Ki'ill becoiiie Iiiore essenliL11 ol'er tlie iiext feii. yecirs. All our cafe disPO.sables are Iioiv compostable Page I
P,IRK L.I)E CEINTRL RF.pnRT OF THF. TRLi%TF.F..S lor tlie l'ear Tr"iideil 3 1st li Iarcli 2024 Rooni Book'ing.$ Rc)oiii b(>()kiiiiFs ionliiiiiid tc) inii¥i14l Ii'iili ii)()li gFfoiii)s CIP1 ndiiig iiiiiiiblrs of sissions <ind stilT1in&? LIP cind LOlllSL'S bLing ii'LII attL'iidcd. 'L bLianiL 4? C'l)ildrLllS Illib Fun(ling P¢irk L'ili¥ Lciitri has ii'ork4d to iippI}' lor fliiidiiiu to Liddriis 11)¥ l)CLds of OLir ¢oiiiinLlllity. 'e receiv'ed ¥irilllt% to proi.ide 1 Il'ariii %i)ace ,11)d proi'ide food for p¢opl¢ iii lii¢l poi'ertv. 10 pioi'idL ciiergv 51I"illsT ad¥'ice Iiiid iteiii niii frLI, 411115siblL' phySiCcil ¥XL'f¥isL 5155iuns for Inlinbirb ul- th¥ LOIIIII)Linil}' iiiid pri)i-idLLI IrLL L.XifLisL SLSSlUllS lur yi)Lin¥ peoplc. l.'L al4() rai) a CorL)Iliiliuii Ll'iiil ii'l)ILli i¥'a.4 aitiiidkd by ?24 1)¥upli aiid a4 P&ifi £)I' IliL l¥gyai}' uf illi4 il'LiII ¢i'iJl¥d ali Jriliii'L' or l-IIL' fuliii'L' 01) oiir bii£lg)els. Il'e ii'ill cÉ)iiiiniie lo seek fLllI(liiibr li)r Lapilal ILIILifL project%. P411'k I[71)C CciilrL i¥'iII i(Illlllllli l() proiiiorc i(i¢l I. an(1 il% Nin'iics ai ci'crv opi)ortuiiiii' ii'liilsl scckiiigi out oil)Ql' IllC1L 11% lif iiiirca4iiig dLIIiiLd b)- tIIL L'I)IllPillllLS Acl :11111). RL'k?isIL'I'eil Cuiiii):Ini niiiiil)I'r Ilegii%lerc(I Clifjll'it). iiuiiiber 0011.sidc Ti I lord "rF7 5QZ
PARK LANE CENTRE REPORT OF THE TRUSTEES for tlle l'ear F.Jided 3 1st larC11 2024 Triistees C A Bailey R C F.i'aiis L Herbcrl D M41ddock K MiddlLloii (r¢sigiiLd l.8.23) Mrs J S Siiiiih FI L MDfg4ln (appoinled 24.1.24) CDnipan)' .Secret&r)' Mrs J D Idieiis Indei)endenl F.xaniiiier L Ejall & C'.u LimilLd Ch¢lrtcri(l Accouiitiiiil 15 Bri(Ig¥L Ruiid VclliiibFton Tellc)I'LI Slirop.shir¥ TFI IEB Tliis repoi'l has beei) pi'epdred in accordance ii'iili Ihe special provi%ioiis of Part 15 01. the C'onipai)ie.% Act 200() relalii)g lo sniall Ai)i)r£)i'id by ()rdir of th¥ boiird of InislLLS on 6th Noi'LinbLr 21124 <ind si&ynLd un 115 bLhciifby'. C A Bailey - Tru.%lee Page 3
INDF-I?F'NDI,"NT F.X,%IIINF.R'.S RF.PORT TO THF. TRLTS"I'EES ()F Iii(Ici)eiiileiil eianiiiier's i'ei)orl lo Ilie trustoos of P:Irk L#qne C"eJitre {'Ihe C"oTiii)Ani I rcport 10 ilic cl)'Iril! Iiiiilccs 011 1i1s' c.xJiiiiiiJliuii ol-iliL dLLOlllllS ol- Ilie C'oii)i)aiiv tor Ilic s'ear cii(le(I 11 51 NlcirLI) ?0? J. Resi)onsil)ililics and basis of report C'i>i)11)Iinv I'iiicl ¢i1su it) dirLLlvr% Iiir Illi piiii)0515 of LOlllP:111}' l¢lll'l vc)11 arL fLSP(>n%ibli l-or tl)L prlparalioii ol. (lie ic L¥OUllts 111 ai¥ord<lllLL' Il'ltli tl)L I'LqLiiILiiiciIIs ol- tlic Coiiip&ll)iCi illl ?[InC) I'lli¥ ?UU6 ALt'I. ,1LLULiiil% of IliL' C'oiiipJiiy arL Iiul riqLiifLd iu bL aiidil¥d undLr Pclrt IC) c)l- Ilii 201)() klii ai)d arL Loiiiii)i%siOlI uiicler Seciic)11 14iii} Ib) ol. tlie ?0 I I ,Ict. Iiidei)¢iidi'iit eiillllillL'f's sl:IlL'ii)enl i¥'hicl) is 1)nL ul'thL IislLd bodi¥S. l i Ilrid,, Ro'id TI-'I ILB (lili Xui'Lli)bir Ii)I PacTL 4
PARK LANF. CENTRE STATEI)IEfs'T OF FIfs'.4TriCIAL ACTII'ITIES ror tlie l'ear Eilded 31st i)Iarcli 2024 31.3.24 Toial funds 31.3.23 Tolal fui)ds Unrc.%lriclLd fuiids RL's(riLILd Notes INCO,IIE AND ELNI)Oll'lI IEN'I'S I,'ROLNI Cli:Irital)le 'iclii'ilie% Support tv CIIL loLal LommLinity 344,375 28.102 372,477 384,581 Inveslmeiil iiicome Ih¢r iiicoiiic 3,321 630 3,321 630 977 3,075 348,326 28,102 376,428 388,633 F.IPF.INDITURF. OIY CliaritAI)ILi uclii'ilies SiippL)rt to IhL Iociil cominiinity 336.L)12 48.175 385,087 402,8 )() NTr:T INI 'C()II lTr:l(Tr:IPTr:NDI'fiiRF.) Trunsfer.s betiv¢¢n funds 11.414 {14S) 120.073) (8,()59) {14,226) llet iiioi'eijienl in fuiids 11,266 (i(},()25) (8,(}5()) (14,22C) ) RF.C(),NCII,I..II'1()IN' ()F FIIIN DS .1 otdl luiids brousilil luni'Jrd 123.833 63.210 187,043 201.269 'r()I'AL b IIND.S C:,KIIIIIED F()IIII',IIID 135.01)1) 178,384 187,Q43 Tlie Iioles form Pc1rt oltliL.se fiiiaiici<il sl<lteineiils
P.IRK I.,IN'F_ CENTRF. B..II.ANCL SHLET 315t illarch 2024 31.3.23 Tolal UiirLslriilLd fuiids RislriLILd ToiLII I'ui)ds 33,%()% 4n,941) 53,428 CLIRRENT AS(iET.t Dibior C<lsh ai bJi)k'l £llLI iii h&ll)cl 11,271 13n,72? l?.l ?(75 I n.o9() 1.13.3()1 135,17c) 10,01)() 14* ?7) 141 ()()3 CIIF.Dl-r()Rs Aiiioiiiits lalliiiLJ diie ii'iiliin one }'e£ir 17,15?) 16791 17,%31 } 18,3781 ,N F'I. C-I: IIIIF. N'r ,IssF'I' (),417 137.444 1.13.()15 TOT,AI. ,I%4F.TS I.F"SS C'L. IIRI"NI- I,1.,I141 L.I'I'I I,"s 115,1199 178,1%4 l Y7.1143 43.?N5 17N,-154 1li7.1143 L)3,74,4 311,1}% BiiilcliiiLI fvl:iiiiteiidiiLL Li IL, C')'L IL RL%L'n'e 10.119) li.IIC)9 .'Ipil'il Crl'liil Il'o(i(Iv's Il'.irr¢ii Pl'i}'b'ii'ii 4.4?4 C'.11?it:Il CftrJiit . Nladele). L'i)Iiiicil sio 914 (),5L)3 Qil 11)i - BllQ' C'liilLlrLI) ill XLid Cif111t - Nl.Idelei' ('Olllliil (il ?10 'I'O-I'.IL I,'LI.N IIS 17,4.-3%4 I X7,1143
PARK LANE CENTRE BALAJCE SEIEE'f- continued 31st Illarch 2024 Tl)L iiiciiibLrs liai'l Iiot rLqiiifid ilic Lc)ii)pany lo obi<1ill an aLidil of ils financial sl4ltcments for tl)w y¢ar ¢i)dcd 31 sl M¢ircl) 2024 in accorddncc i¥'iih Scclio1i 476 of Ihc Conipaiiics A¢t 2006. The Iruslees acknoivledge their responsibiliiies for (a) Liisuring iliiil tlie Lhdril<iblc ¢OIilP41ny k¢cps accoliiiling rLcords that comply ii'iih Sections 386 anil 387 of thL Con)Pc)nics Act 2006 ai)d prLPiiring, fin11 ncial sl£llLlnLnls ivhich giv¢ a truc nd 1<1ir vicw of Ihty slatL ol. %qlY1( irs of IhL charitable company as al IhL end ol. ea¢h fiiiii1i¢ial )'ClL r ai)d ol. its siirplus or defiiil for eaLlI fiiiancial year in accordli nce i¥'iili Ilic reqiiireii)cnls of Seclioi)s 394 ill)Ll 395 IILI ii'hich Liil)eni'isc ¢uniply ii'ith ihc rcqiiircmcnls of thc Coinpinies Act 2006 rc11¢ ling lo fin&?ncial slalcmcnis, so far as 41pplii¢ibl¢ lu Ilic LliarilablL iLiiiipai)y. (b) TIIL%L fiii£lllLliil %l£llLinLniS hcli'c bceii prepc?rod iii 41c¢orJ¢1nce iviili IhL proi'isioi)S ¢lPI)IIcK1blL lo ch¢iril11ble con)P£111ies SLibjcLI to Ihc 8niall conipaiiies regiiine. Tlic fii)ai)tiial tcii)cnts ii'crc approN'cd by Ilic Board of Truslecs ai)d auil)oiised for issue on 6ih Noi'¢i)Ibcr 2024 aiid ii'¢r¢ signed on its bLhalf by.. (.' A B&iiley - Tnislee Tlic iiolLS for]ll Pciri of(hLS¢ fii)aiicial .stilt¥niciits P<1ge 7
}),IRK I,.INF' C'Tr'NTRE I '()I'F.S T() THE FIJ.4NCI.4L (*TATEiiif.NT.S I'or tlie l'ear F.i)(le(131 sl 1144rcli 2024 CCOI'INTING POI.ICIES Ilasis of i)i'ei)arin£ tlie fiii?Iici'il st'it(¥iii('IitS TIIL fiiiilllCI;Il %l:IlLIIILiII.s ol- IliL Lli:11-iliiblL Ll)iiiiiaii)'. IK'I)Ich 1.% &1 piiblic bei)elit eiilitv iindlr FRS 10? 1111 I'e beeii prepired iii PI'iL LIILC appIILL1ble (o Lliiiiilics Pl-LPi1rii)&Th Ilicir aiCI)Illlts iii accord<liice li itli tlie I". in.IllLial IILpc)Iiing Sraiiil¢ir(l appliL¢ibl¥ 111 LporlinLT SiiiiicI:Ircl dppIiLI1l)IL 111 IIIL IIK aiiLI Ril)Iil)lii of Ir¥lJiid' 4liid IliL Coi)IlldlliiS Ali 21)1)l). TIIL liiiaiilial slal¥lllLlIts riiiilllliiil ri'iloi'liiig 514lli(l¢ird 102 - I'eiliiced disclosiirL¥ eiL'iiiptioiis ang¥jlyli' fiic'(l assels 01) Lost ?o': Taialiuii 'Ir r¥%ll'iLl¥d i)IirpiitsLS.
PIIRK LANE CEN'TRE 'OTES TC) THE FlIN,A,CltI.,T,1TF.j1 IF,NTS- coiitinued for tlie l'ear Ended 31st ilIarcl1 2024 l,1'F.S,l'I1lTr:NT IIYCO,IIE 31.3.24 31.3.23 Deposit aceouiil itEtcr¢st 977 ]%F.T INCONIF./(F.IPENDITURE) Nct inconicl{cxpciidittir¢) is sl<llcd after ch.Irginty{crediliiig}'. 31.3.24 31.3.23 Depreciation oii'iied assets 13,745 14,79C) TRU.SI'F.F.S' RF.II IUINF.R¥ll'lON IINI) 14Tr:NTr'F'I'I'S Thcrl ii'crc no IruslLCS' fLillLillLf¢ilion or oihLr bLnLfiis for IhL yccir LndLd 31st Mdr¢h 2024 nor for th¢ y¢cir ¢'ndid I l %1 MiirLlI 202.1. Relthteil ptsrty disllvsurc's H Morg¢1n aiid K Mi(Idliloii ari Trii.%liiq Lif Park LanL CLiilrL all(1 C'.Olllliillurs for TLiford & IVrLkin CouiiLil. In Il)e year ci)did 31 Nliircli 20?3, 1 l Morg?I111 nd K Middlcloii <illo¢iil¥d L6,200 b¥iiig Pi111 of tlicir sh:Iri of th¥ C'oiii)cillors' PriJc Fuiid ei'LlIt diicl proi'ide cool Iliick's. Triislees, eii)eiisL's I"liere ii'ere iio lrtistees, expeiises p(iid lor Ihe year elided 31 sl Marcli 2024 iior lor Il)e year eiiclLd 31 sl Nlarcl) 2023. STkKTr F C.'QSTS Tl)e ai'¢r47ge niontlil). iiuiiiber of en)ployees (luring? Ilie year il'as as folloii's.. 31.3.24 31..1.2.1 Ailinini51rilllC)n C.Ii'iril.Ibli J¥lii'itiis 13 13 No cn)plo)'ccs rcicii.'cd ciiiolLiiiicntb 11) C.XCLsS uf £60,000. Page 9 continued...
PARlk 1,.4NF. C.'F.NTJIF. C)I-E.% I'O"I'IIE FINANCIAL ST..ITEIIF4iNTS- coiitinuod for Ilie I'eai- F.ii(l¢d 3 1st li larch 2024 Uiiristl-iile<5 RLiifiLted fLiiids hinds C'hiiril4iblL' Siii)i?()rt lo Ili¥ IOL. 317,?47 67.339 3%4,i8l 977 -3.075 )77 1,07% Oil)er illioiiie 3?1794 ()7,339 3%%,C)33 F.N PF'.N t)11-L:111.' () 3? ()()() 77.1 l)3 14,37: 19,,%$41 (14.??()I et iiii}i'iiinLlllt iii fiin(1s 15,9%51 IX.2411 (14.22()1 l?L).81¥ 71,451 201961) I'()I-.IL F I:N DS C',IIIRI I,-D I.-()11)I',KHII 7.1)43 V.'In'LII c'().s' Ai I 51 rlpril i)?3 9),5110 17().557 ,2)7 li.%ICI 177.514 DEPREC'I,I'I11) 41 1111 57.?()7 7.1()I Ai 1151 IXI.Irch ?{1,4 44.6()1 64.461) l i.bl)7 136.¥74 .N F.T BC)I)IK I'..11.i'I." ().7)4 3.1)27 4Q.I140 8.124 38.211.1 713 P:i(Je 10
PARK LAP'F. CENTRE 'OTES T() THTr: Tr"IIN'AN'Clll. STIKI'Tr"I)Ib.NTS- continued for tlie l'ear Tr"nded 315t Illarcli 2024 DEBTOII.S: 1110U,Ts FtrlLLlIN'G DUE II'ITHIIN ONE YEèlR 31.3.24 31.3.23 Trade dcbtors Prcp&iynicnts 11.009 905 9,795 1,476 11,914 11,271 CREDITORS: All 11)UNTS FALLIIN'C DUE II'ITHIN CINE YEèlR 31.3.24 31.3.23 Trade creditors ALLni¥d c'XP¥llsiS 1,586 6,245 1,924 6,454 7,831 8,378 io. l()I'F.II IF.NT IN FUND.S Ncl Traiisfii bLIIvLLII lund. At 1.4.23 31.3.24 Uni'c'slrl¢tcd flind& 93,748 31).085 1,414 {148) In5,n14 Biiil(liiis, MaiiiieiiJi)ce Lile Cy'cle Re.%erk'¢ 123,X33 11,414 (148) 135,099 Ile%lrlcled funds Illllldl Cirai)t _ IIYI)o(1) s IV41rrei) Play'barn L4lPlt<il (ii'£int - (iyii) C'apil¢il (iranl - N,l%idLlcy Coiincil 38,2114 {7,163) { I,C)()Ci} (2,147} 774 (235) {6.635) {15} {489) (4,9l)O) (20) 31,041 2,828 2,147 36 810 Cirai)i - I loli(lil)' Aclii'iliLS &, E11 I Ivcll Grdiil- BBL. C'hildrci) ii) N¢¢d 234 6,593 Grai)i - A5cla I'oiii)diilion Gr4inl - Cq¢ Piiiily Iliiililing, Cirai)i - NdtiUl)<il Cirid l.OLal Ciivii)(I (irJiit - RiLoh - Q'oiiiii)Iiiiily Hiiilili Cirdiil - Eiicrgise - C'oiiii)ionii'eiilil) Cial)ICS Qtflc nt - T(TF PLC'I'oiith CyrJi)i - NlaclLILs' C'IiLIIILil Cjraiil IVo()d.%ide yoiitli festival (if¢iiil - VLulicl Ei)K'iri)gTliiiil 489 3.648 20 1,551 830 {8.1.1) 4,4.$8 500 500 (22) (i)) 22 63,210 (211,073) 148 43,285 TOT.4L FUINDS 187,043 (¥.659) 178,384 Pagke I I contiiiiied...
PARK L.4NE C'.EINI'RE O'I'ES'I'U 'I'IIE Tr INANCI,IL ST.-Il'ElILN'fs- continued foi. Il)e l'ear F'ii(le(131 st Illai'cli 2024 11)I'F'.IIF.N'I' IN FI., S D.%- ci)iitiiiiieil 'Ll Ini)I'Llllint in liii)Js. IIIL liidid in IIiL iibui-L L IL tulloii-s.. Incoii)in rL'SOUILL'S R¥s1)Iirccs LXPLlI(ILd L nrestriLled funds 34¥.3?6 1136,()1? 11.414 Reslricli'd fiiiids C'ai)ilal Ciraiil - Il'iii)115 s IVarrLI) Pla)'l)ani L Jpii'il CJrJi)I Cr)'IT) 17,IC)31 {7.1(13) {1,6()6) {? 147) 774 12.1471 13.%%()I 4,()()U IC).l)li I l(i.C¥l.S ) {li) ,-311) Ltr,'Iiil - L.; {4 (1(lU I ,()()7 (}.()70 Ix.11 IX33) Lil-iini - -I'(iF PI.C'l'i>tiili 5110 2.Iliia i.ouo ).11221 1221 14,%.1751 l-()'I'..11. F L'.N D 37(1.4)%
PARK LANL CEN"fRL
NOTES TO THE I,"IINAN'CI,IL.S'I',II'EIIILNTS- continued
for tlie l'ear F.J)ded 31st li larcl) 2024
iu.
I()I'ENI IEINT I.N' FUND.S- contiiiued
Comparatii'e5 for nioi'ement in fuiids
Nel
TrdnsfLrs
bcNI'ecn
rLinds
Ai
31.3.23
At 1.4.22
in lunds
Uni'estricte(I funds
Ciciier¢l1 tiiiid
BLiildingF M:)intLni?i)ce LifL C)'cl¥ R¢s¢n'c
{4,372)
{1,613)
93,74,8
30,085
30,085
129,%114
{4,372)
(1,613)
123,833
Restricted funds
IP11411 Griiiil - Il'ood} s IV4lrreii Plily'b4irtl
C'.<ipil
P,IRIK L..INE C.F.NTRE ()-I-ES I'U -I'EIF: F INANC IAI. ST A TF.IIF.NT.S- LoIilinued foi. Ilie I'car F.Tl(led 31st Ilarcli 2024 I 11)I'F.IIF.NT IN FUNDS - coiitiiiui'il C'oiiii)Ir111l'L I)It 11)01-Lin4llt in IIiiiLIs. inLILidLd in ihl iibi)I'L &1fi ¢qS Ii)Iluii's'. Iiicoii)ing ri%oufLLS RLsoiifcL> eXl)iiidiLI Uni'eslriLle(I fiinds 3•1 ?l)4 {3? 5,666) (4,3721 C¥lllltiil (Jl'aiii - Il'oodi s IVarrL'lI PlaJ-b<1rii 17,1()?I 11.61161 14()1 14.()5()1 (% ()7()) 1:..411? 1.1.415) 17.1()?} {1,6()6} 12,1461 1,241 {5141 1?.4n?I {? 1}15} 4,435 Ciraiit - t3tl(' C'liilclrLI) iii Neiil illo 11)t - -I'&IV - C'liiii,'IlL Q'hilllLL Fiiiid Cifiiiil - IV¥ll Eli IllbT ('; S,11)6 li 11)61 4.111}7 14.1111? (il'liil ('; N.().18 4.xllo 2.410 9.(1.14 (ir'iiit - Nl;icl4lL)' C-(IllllL il - Iviinii .SpilCI {88) l(1.{)21 2.ono ().000 Cifciiil - T&. IV Jiiliil¥i 1.950 1191)> i.()In xi[} ()7.119 177,1931 19,8$41 3¥8.6.13 141)2.8 91 114.22C) )
PARK LANE cE,TRE NOTES TO THE FIIJAN'CIAI, &iTATF.II JF.NTS- continued for the I'car Elided 315t ilIarcli 2024 REI,ATF.D PAIITI. DISCI.OSUIIF.S ThLfL' IN'LrL no related pi( rty Iransactioi)s for the ycar endLd 31 st March 2024. 12. DESIC.N,KTED FUNDS Biiildiiig Illainlciiaijcc Life Cycle Ilescrve Tl)is reser¥'e is iiiaii)iaiiied as a sii)kiiig' fui)d lo ensure adequate fiiiaiicial resources are ak'ailable for large cyclical repair and 1naintcnl(C projccts t ivill bc rcqiiircd to m<1il)tc1in thc fiibri¢ of the bliilding. 13. RESI'RICTED FUND.S Tl)is rei)resei)1s u giiaiit pri)¥'i(led by Tellord &. M'rekin Coui)cil lo a.%qisl Ilie purcl)a.%e of a bespoke sofi play area iviihin tli¢ CLlitri. l-li¥ diiJrL¢I.'Itioi) ¢li:Irb?L ril')linbi to Iliis Ii.Kid clSS¥t 15 iillo¢' CT)'III Tliis year saiN' oiie lif oiir li)ngTresi leasel)older5 reliriiigk aii(I gellinb liis bu8ineqs. Afier oi'er 30 Year.q 01) Ilie eslate h¢ i¥'ished to g7jl'C s(IillLtI)ii)g' b%ick Ic) Illi coininiii)ily hL his S¥ll'LJ. Iii tlii5 cas¥ hL IbFrLid lo p'ly lor P;Irk Ll& IIL L'Lnlr¥ lo h<ll'L 4211 OLII(li)or g'yi)) Ilicll Il'oiilcl be i?LLessiblc iu i)iei))bcr5 of Ilic Pliblic 2417. The dcprcLi&?lion chc1rgie rL'l411iiig lo Il)is fixcd a.sscl is all(IC¢ilcd ¢lgY(iins1 this rcslriclcd liii)d. Ila(lelei' Toii'n Coui)cil Tl)i% Iiiiiilii)g li'as 1)rui'iclLd as ijdrl ol- IliL TL'IILiril aiid rrL'kIll 411 .$11 I".ui)Il. P£irk Liiiie CL'I)ITL' II'L'fL' proi'iclld Iliis gjraiil lo piircli,'i.SL l)cii' booili %Cc?liiib' for oiir icilc ;Ir¥41 fL41d J. tor IIIC IlLlI' IVoodsid¥ yoiiih projccl. Thi dipfLCliilioii charb?¢ rc]lI1[16 lo Pdge 15
P,KRli l...IfiF. CF.NTRF. DF.T..111,F.D.%T..ITEIIENT ()b FIN.KNCI.IL,IC-I-II'I-I'IE( for Ilie l'ear Tr'n(lecl 31st li larch 2U24 Liir¥stl'lLlid RL'slriLtLcI luiid Dil)0sii aLLOUIII illlifi.%l 3.-3?1 977 Cl)ai'itgble qctii'ities ?74,154 27? l)97 44,-31S 67,331) 711.11_i S Ciriiiils recLlI'eil - i)oie I I 344,375 ?x,10? 372,477 3%4,5gi l()? 8()4 -1,075 34%.3?(1 3711.4: 38%.()3 1 '4ILYLS ? l(}(I ).4¥1 ?.111(I ?4.1 !{} 17.() j Pi)s11L?e aiicl si.Itiiiiier)' 1.444 1.444 3.14 2.4()C) 147 2.4(1() 147 Phi)tc)ci)picr :Iiid lilx LXPLII%Cs 411. j4? 7.f?54 7.()$4 l).7il ?11 37) P.Ii'k. l.,Iiit' C'eiiire ei'eiit.% e.Npei)Lliliire 4,,%7? 14.111 () 'iii>d)- 14.1116 S%.7L) I ?*.{?11
PARK LA'F. CENTRE DETAILED STATEIllEN'T OF riN'ANCIAL ACTII'ITJES for tlie Year F.iided 3 1st i)larch 2024 31.3.24 Total rLinds Unreslricled funds Rcslricted runds Total Charitable aclii'ilies Broiiglit Ioni'<ird CJf<ll)t ii)coi)ie expcndilure - iiolL I I Bion)Jss boiler 288,791 1,23S 38,607 78 714 2,7J9 288.791 3S,407 3,8.607 78 714 13,745 280,586 66,039 35,267 37.169 Liceiices and sub%criplic)ns l)Lpreciatioi) of iigibl¢ <1SS¢ts 603 14,796 11,006 332.167 48,175 3x0,342 397,4Q9 Sui)poi't costs Goi'ernailee costs Vagjcs ALLUllI)IclllLy fLLS 1,000 3,745 I,ono 3,745 I,X50 -3,()110 4,74.$ 4,745 T(Ilal resource* expci)Llecl 33(Tr,912 48.175 3,%5,0,87 402,859 Niit eipl'iidiliii'e {20,073) {8,6S()) (14,226) Thi5 pigye (loes 1)ol foni) Pcirl of the sl<11111ory financial sliilemei)Is )a¥e 17