REGISTERED COMPANY NUMBf.R: 04992631 (England and Walcs) IIEGISTEIIED CHARITY NUMBER: 1119391 REPORT OF THF. TRUSTEES AND UNAUDITF.I) FINANCIAL STATEMENTS FOR THF. YF.AR F.NDF.D 31ST MARCH 2025 FOR PARK LANE CF.NTRE D E Ball & Co Liinited Chartered Accoui)laiils 15 13ridgF¢ Koad Wellii)gJton Telford Shropshire I'FI IEB D. E. L& CO. iJMITED. CHARTEPIDAcCOUN.l1'TS
PARK LANE CENTRE CONTENTS OF TFIE FINANCIAL STATEMENTS for the Year F.nded 31st March 2025 Report of the Trustees I iidepeiident Exllmiiier'5 Ileport Slatemeiit of Fiiiancial Activities IJAlllJiee Sheet Notes to the Fin#iieial StAtemciits 8 to 15 Detailed Stateinent of Fiiiaiici&l Activities 16 to 17 D. E. MLL& CO. LIMITED, CFL4RTEBIDACCOUNTANT5
PARK LANE CENTRE RFPORT OF THF. TRUSTF.F.S for tlie Year Ended 31st March 2025 Tlie trustees who are also directors of the charity for the purposes of the Conipaiiies Acl 2006, present their report with the fiiiancial staleinenls of the charity for the year ended 3 1st March 2025. The Ii'uslees have adopted Ihe provisions of Accounting and R¢porling by Ch1L rilies.. Sialeinenl of Recoii)niended l)raclice applicable lo cliarities prepariiig ilieir accounts in accordai)ce wilh Ihe Finaiicii21 Repoiting Standard applicable ii) tlie UK ai)d IILI)ublic of Ii'el(11)d (I.-RS 102) {efteciive l Jaiiuary 2019). ACHIF.VLMENTS AND PERFORMANCE Ch&l1'itable Aclivities Stmffiiig Staft" l)ave conlinued to undertake trainiiig aiid retr¢sher courses are coinplcled onlii)e. Over this year tliere l)ave beeii 9 regular voluiiteers. wl)o support iii 11)e café and wilh cusloiner sei'vice5 as well as deliveriiig free boot cai)Ip scssioi)s lo local people. We are also coniinilled lo pi'oviding work experience opportuiiilies and have provided 8 placeiiients during this year. Leaseholders Oiir le<iseholders have I'eniaiiied the sainc across tliis year, with soii)e licensees cl)aii&J ing inclliding iiiore NHS services joiiiii)g us Woody's Warreii, Aiid PlllybArn AlIlioLi&lI Woody's Warreii iiicoinc was down accordiiig to 11)e previous year, this was because of the addilioi?al fiindiiiLF It received to provide a I,"REE wai'ii) space over tlie wiiiter iii Ilie year 2023-2024. lil (erins of Il)e café l¢ikiiibFS in this fii)ai)¢lcil year, Iliere ivas ai) iiicrease iii Ilie daily ai)d weekly iakingis overall. F.verits We I'ai) a i)uinber of events over the year as showii below.. Suii)iiier Evcnl ai)d cool packs Clirislin6iS Lvci)Is Yoiiil) fe51ival Children's discos Keepiiig wariii ev¢nl Hellltl) Aiid S#fety There was a Rl DDOR reportiible <iccidenl duriii&i this fiiiancial year. however the persoi) involved did not SLlStain a laslii)g ii)jiiry and no action was taken apart froiii our ii)leriial review and ils outcomes, which was deemed robust aiid s1clent by Ilie FISE. Eiivironinei)tal The Ceiilre lias conlinii¢d ils coii)Iniliiient to make as litilc cnvironineiital iiiipacl as possible. Cai'dboc1rd, paper, glass, plastic, caiis, loiier cartridges, biqllcries aiid light bulbs are collected for recycling. Arrangeiiients have been n)ade 10 start recycliiig food waste froi)I the end of this fii)ai)cial year. Oui. Elioina55 Boiler and funded Solar Panellii)g in5tallalioiis help iiiake LIS iiiore eiiviroiiineiilally su51aii)able Ihi'oiigl) carboii iieiili'al provision. Th¢ ash ivaste fi'oni the bioinass is fre¢ for gardeiiers lo collect lo iniprove their soil. 'riie 2 doiible electric vehicle cliai'gJe i)oiiitS ill Olir car park allow custui)iers with eleclric vehicles lo access chargin¥ and help us provide a service which will becoi)ie Iiiore essential over the next few years. All our cafe disposable5 are iiow coinposlable Pag¢ D. E. BALL& CO. iLMITED. CIL4RTEREDACCOLYTANTS
PARK LANE CENTRE REPORT OF THF. TRUSTEES for tlle Year Elided 31st Marcli 2025 Room ljookings Rooin bookiiigs contiiiued to iiicrease with Inore groups expanding nuinbers of sessions aiid slartiiig up and courses beiiig well allended. We now open for bookings 7 days a week. 'I'here il'ere several lar&pe rooin hire agyed debis ideiilified iii Fcbruary. These were paid, bul did i)ot clear Ihe bai)k accoiiiil it) lime lo show ii) Ihis financial year's figiures. The effect of Ihi5 15 Ih(Il a loss lias been Inade ovei'all. Fundiiig Park l.aiie Cenlre has worked lo apply for funding to address the iieeds of our coinniunity. We received grants to.. provide a ivarin Splice and provide food for people ii) fucl i)ovcrty. Support a variety of gJroups with riini)iiig costs Ruli COlTiiiiuiiily events Suppoi'l youii& peoplc to plaii aiid rLlI) social aclioi) projects We I'iiii free, acccssiblc physical exercise sessions for Iiienibers of the coiiiiiiiiiiity arid provided free cxcrcisc sessions for yOLing people. Tlie Fiilure l)jll'k l.ai)c Centre coi)lii)Iies lo face financial chall¢n&yes duriiig the year as risiiiby COS15 including eiiergy. food 1£ nd iiiaterials iinp¢1cI 011 Olir bLidg?ei5. We l)ave &7aiiied fuiidii)g slartingi ji) Il)e iiexl fii)ai)cial year for Inoi'e coiiiiiiiinily cllgTagcinciil aiid Ilie delivery of 3 lai'gje coiniiiiinily driver) projects, lar&ietiiigy local issues, over the i)exl 5 years. We will conlinLlC lo seek funding for capital future projects. Pi( rk I,aiie Cei)Ire will coiitiiiiie lo pi'oii)ote itself and ils services at every oppoi11111ily whilst seekiiig oiil oll)er i)ieai)s of iiicrcasing ii)coine. BudgFels will be iiioiiilored to eiisiire tlial Iliere is no waslagc of resources and contracts with supplier5 will be I'eviewed lo ciisui'e that best value 15 obtained in every case. STRUCTUIIE, GOVERNANCE AND MANAGEMENT Goveriiiiig docunieiit I'he Cliiirily is coI)Iroll¢d by 118 g)overniiig docuii)ciil, a deed of trusl, and conslilul¢s a liiiiiled coinpany, liiiiiled by guaraiilee, as defii)ed by the Coiiipai)ie5 ALI 2006. RFFERENCE AND ADMINISTRATIVE DETAILS Registered CompAiiy number 04992631 (Ei)¥lai)d aiid Wales) Registered Charity number 19391 Page 2 D. E. BALL& CO. UMITED, CILIRTEREDACCOLJNTKITS
PARK LANE CENTRF. REPORT OF THE TRUSTF.F.S ror tlic Year Elided 31st Mareli 2025 Registered office c rk Lanc Woodside Telford Shropshire Tf7 5QZ Trustees C A 13ailcy R C Ivans L Flerbert D Maddock Mi's J S Si))ilh l L Moi'gjan Coinpaiiy Secretary Mrs J D Idiens In(lepeii(lezit Examiner D E Ball & Co Liiiiited Cliarlei'ed A¢¢oiintants 15 13riiib?¢ Road Wel l ing?loii Tel ford Shropsliire 'I'I,"I I EB 'riiis report lias been prepared in accordaiice willi Ilie special pi'ovisions of Pail 15 of Il)e CoiiipillllCS Acl 2006 rclalii)g lo siiiall COIIIP2I iiies. Appi'oved by order of Ilie board of Irusiees on 5tli Noveinb¢r 2025 aiid SibTiicd 01) ils bcl)aif by.. C A Bailey- Truste¢ Page 3 D. E. MLL& CO. LLMITED. CIL4RTEREDACCOL'YTKITS
INDEPENDENT EXAMINER'S REPORT TO THE TRU.STEE.S OF PARK LANE CENTRE liidepelident exainijier's report to the trustees of Park Lane Ceiitre ('the Company,) I report to the chai'ity truslees on Iny exainination of the accounts of the Company for tlie year ended 31 st March 2025. Responsibilities aiid basis of report As Ilie cl)arily's trustees of tlie Coiiipany (and also ils directors for the purposes of company law) you are responsible for tlie preparation of the accounts in accordance with the reqiiirements of the Coinpanies Act 2006 ('tlie 2006 Act,). Having satisfied Inyself that the accounts of the Coinpaiiy are not required to be audiled under Part 16 of the 2006 Act and are eligible for iiidepei)dent exainii)ation. I report in respect of Iny examiiiation of yoiir cl)arily'S accounts as C2K rried out under Section 145 of the Charities Acl 2011 {'111¢ 201 l Act,). In carrying out Iny exainination I have followed tli¢ Directions given by Ilie Cliarily Coiniiiission ui)der Section 145(5) (b) of tlie 201 l Act. liidepen(lent exaniiner's statenient Siiice your ¢l)arily'S gross iiicoine exceeded £250,000 your exaininer niu5t be a nieinbcr of a listed body. I can coi)firiii Ihal l an) qualified lo underlake the exai))ination because l am a Ineinber of the Institute of Chartered Accounlaiits ii) Ei)glaiid and Wales, wliich is 01)e of the listed bodies. I have coiiii)leled Iny ¢xaniii)alion. I coiifirin that no mallers have coine lo Iny alleiitioii in coi)iicclioi) with 11)e exaiiiiiialion giviiig iiie cause lo believe.. accouiilii)g records were not kept iii respect of Ilie Coiiipany as required by Section 386 of Ihe 2006 Acl; or the accounts do not accord with Iliose records,. or tli¢ ii¢¢oiiiils do iiol coiiiply iviili Ilie 12ccountiiiby I'eqiiireiiiciils of Seclioi) 396 of Ilie 200CI Act oil)er Il)1( l) Ill)y fcqliireinenl tlial Ihe accouiils g)ive a Ii'ue aiid 1<2ir view wliicli is iiot a iiialler considei'cd as P<irl of ai) iiidep¢iideiit exaiiiinil lion,. or tlie accoLlI)Is liave iiol be¢ii prepai'¢d it) accordaiice willi Ilie iiieiliods and priiiciples of Il)e Siaicii)eiil of liecoiniiiended Prclctice for accounliiig aiid repoi1ing by cliarities (applicable lo cliarities prepariiig their accouiits in accordaiice willi the rinai)cial Reporting Slaiidard applicable iii the UK and Republic ot Irelaiid (I-. RS 102)). I have i)0 concerns aiid have coiiie acr055 110 oiher iiiatlers in conncction with tlie exainii)alion lo which allenlion slioiild be draivn iii this report in order lo enable a pi'oper underslaiiding of Ilie accouiils lo be reaclied. Russell Ball D E Ball & Co Limited Cliarlered Accouiilants 15 Bi'idgye Road Welliiig?lon Telford Shropshire TFI IEB 5th Noveinber 2025 Page 4 D, E. 8AiL& CO. LI.ISITED, CFLIRTEBIDAcCObh'T1T5
PARK LANE CENTRE STATF.MF.NT OF FINANCIAL ACTIVITIES for Ilie Year F.iidcd 31st Marcli 2025 31.3.25 Total funds 31.3.24 Total funds Uiirestricled funds Restricted fui)ds Notes INCOME AiYD F.NDOWMENTS FIIOM Cl)ai'itable CtivitlCS Suppo11 to the Ioccil coininuiiily 335,094 18,234 353,328 372,477 Iiivestiiieiil incoine Otli¢r ii)¢oiiie 3,199 2,816 3,199 2,816 3,321 630 Total 341,109 18.234 359,343 376,428 EXPENDITURE ON Cli# rita ble activities Suppoil to the local coiiiiiiuiiity 344,287 30,722 375,009 385,087 NET INCOME/{F.XI)ENI)i'fuRF.) Trajisfcrs bctiveciTr funds (3,178) (1,305) (12,488) 1.305 (15,666) (8,659) 10 Net inovcni¢i)t in fuiiils (4,483) (15,666) (8,659) Rf.c.ONCII,IATION or FUNDS "l olal fuiids brouglil lorward 135,099 43,285 178,384 187,043 TOTAL FUIYDS CARRIF.D FORWARD 130,616 32,102 162,718 178,384 The notes fon)I part of these financial statemenls Page 5 D. E. BALL& CO UMITBD. CIL4JITERF.t>ACCOLiNI TKNTS
PARK LANE CENTRE BALANCF. SHEET 315t March 2025 31.3.25 Toial fui)ds 31.3.24 Total funds Unrestricled funds Restricted flinds Notes FIXED ASSETS Tangible assets 5.561 25,010 30,571 40,940 CURRENT ASSETS D¢biors Cash at bank and in hand 15,227 117,027 15,227 124,119 11,914 133,361 7.092 132,254 7,092 139.346 145,275 CREDITORS Aii)ouiils falliiig diie within 01)e year (7,199) (7,199) (7,831) NET CURRENT ASSETS 125,055 7.092 132,147 137,444 TOTAL ASSETS LF.SS CURRENT LIAIIILITIES 130,616 32,102 162,718 178,384 NET ASSETS 130,616 32,102 162,718 178,384 FUNI). LJni'L'%lri¢l¢d funds.. Geiieral fiind Buildiiig Mi?intei)ancc Life Cycle Reserve 10 100,531 30,08.S 105,014 30,085 130,616 135,099 Reslrictcd fiii)ds'. Cai)il¢il Gi'aiit - Woody's Waii'LI) Pliiybarn Cai)il<il Graiit - Gyil) Grc1nl - Miscellaiieou5 Gi'1( Ilt - BBC Cliildreii in Ne¢d Gi'ant - Wel l Being? Cafe Grc1nl - Capacity Bliildiiig Graiil - TGF I)LCYouih Graiil - Madeley Coiincil 23,878 31,041 2.828 810 3,440 456 276 3.648 4,458 500 2,920 32,102 43,285 TOTAL FUNDS 162,718 178.384 I'lie cl)ai'itable coinpany is eiilitled to exeinplioii froiii audit under Section 477 of Ihe Coiiipaiiies Act 2006 for the year ei)d¢d 31 st Mai'ch 2025. The Ineiiibers have i)ot reqiiired the company to obtain ali audit of ils finaiicial stateiiienls for the year ended 3151 March 2025 iii accordance with Section 476 of the Coinpaiiies Acl 2006. The notes forin part of th¢se financial statemcnls Page 6 conliniJ¢d... D. E. BALL& CO. LIMITED. CEL4RTEREDACCOLNTkS'TS
PARK LANF. CF,NTRF BALANCE SHEET- contiIiued 31st Marcli 2025 Tl)e trustees a¢knoivledge their responsibilities for (a) ensiiring that the chai'ilable coinpany keeps accounting records that comply with Sections 386 and 387 of tlie Coi))paiiies Acl 2006 and prepai'ing fii)ai)cial slaiein¢nts wl)ich give a Ii'ue and fair vieiv of Ilie stale of arriiirs of the chariiabl¢ coii)pany as al Il)e end of each financial year and of ils siirplLlS or deficit for each finaiicial year in accordancc iviih th¢ requireii)eiils of Sectioiis 394 and 395 aiid ivhich otherwise coiiiply willi the requireineiils of the Coiiipanies Acl 2006 rclalii)g to fiiiaiicial slaleilienls, so far as appliLal)le 10 the charitable coinpai)y. (b) These finK21)Cliil statenieiits have been prei)ared in accordance with Ihc provisions applicable lo cliarilable coiiipai)ies subject lo Ilie siiiall coii)paiiies regiii)e. "rile financial slateinents were approved by Ihe Board of Truslees aiid auiliori5ed for issue 011 5th Noveiiiber 2025 and were si&7iied on its belialf by: C A tjailey - Trustee Tl)e note5 forni part of these financial stalenients Page 7 D. E. BALL& CO. UIIITED. CHKRTEREDACCOUNFKNTS
PARK LANE CENTRE NOTES TO THE FINANCIAL STATEMENTS for tlle Year Elided 3151 Marcli 2025 ACCOUNTING POLICIES Basis of preparing the fiiiancial 5tatement5 The financial stateinents of the charilable coinpany. which is a public bcnefil enlily uiider FRS 102, have beei) prepared in accordance iyiili Ilie Ch2( rilies SORP (FRS 102) 'Accounlii)&J aiid Rcporliiig by Cl)arilies'. Siateiiienl of Recoii)iii¢nded Practice applicable 10 cliarilics preparii)g' their a¢coui)Is in accordai)ce iviih tlie Fii)aiicial Reportiiig Siai)dard applicable iii Ilie UK and Rci)ublic of Irclaiid (FRS 102) (effective l Jai)uaiy 2019),, Fiiiai)cial Repoiting St¢21)dard 102 'The fii)ai)cial Reportiiig Siaiidard applicable in Ihc UK and Republic of Ireland, and the Conipaiiies Act 2006. The financial slaleiiieiits liave been pi'epared ui)dcr tlie l)islorical cost conveiilion. Financial reporliiig staiida rd 102 - reduccd disclosure exemptions The charitable coini)Iiny has laken advantagie of the folloiving disclosure ¢xeiiiplioiis iii pi'epariiigy 11)e5e fiiiancial stateii)eiits, as perinitted by FRS 102 rhe Financial Reporting Standard applicable in Ihe UK and Republic of Irelaiid,: the requireinei)Is of Section 7 Staieinent of Cash Tr lows; the requii'ei)ienl of paragi'aph 3.17(d)' tl)e re(Ivii'ei)Ici)Is of i)4?rabJrai)hs 11.42, 11.44, 11.45, 11 .47, 11.48(I2)(iii), 11.48(a)(iv). 11.48(b) and I1.48(c); tlie re(iiiii'eii)¢'nls of paragii'aplis 12.26. 12.27. 12.29(a). 12.29(b) aild 12.29A' Ilie r¢quircii)ciil of pai'¢igyrapli 33.7. Ilie reqLiireinei)t of paragjrapl) 24(b) of IFRS 6. Income All iiicoiiie is recogJni5ed in 11)e Stiileinent of Fii)ai)cial Activities once Ilic charily lias ei)liileii)¢nt to Ilie fuiid5, It is probable Ihal Ihe incoine will be received 21 lid the aiiiouiil car) be iiieasured relial)ly. Expciiditure l.ial)il iliLS al'e reco&triiised as expeiidilure as sooii as tliere is a le&Tal or coi)slruclive obli&il¢ tioii COli)li)illii)bJ Ilie ¢liarily to Ilial Lxpciidilurc, it is prol)al)Ic Ilial a Iraiisfcr of ¢¢onoiiii¢ bci)efils will bc reqiiired iii seiileiiieiil and Ilie aii)ouiil of Ilie obligTI( lioii car) be i)IC(?siired rclial)ly. Expcndilur¢ is accoiiiiled foi. on iQl) acci'iJ<ils basis aiid lic15 bcen classified iiiider ieailiiigs Il)<il aggFregJ<llL (211 cosi I'cl<iled lo the calcgjory. Wl)L're cost% c(Inni)I bL dii'¢Lily alli'ibiited lo particiilar l?C1c diiigys Il)ey l)L1VL I)L'L'I) 4)IIuLcilLd to (ILliviliLS 011 it basis coi)sislLI)I will) Ilie Lise of I'LSOLirces. Tai)gible fixed assets i)eprecialion is provided at the following aiiiiiial rates in order lo write off e<1ch asset over 115 esiiinated usefiil life. Plant aiid Inachinei'y rixtiire5 ai)d filliiigFS Woody's Wai'ren playbarn Coiiipiil¢i- eqLllPlllClIt 150/0 on cost 20010 on cost 15% onc05t 250/0 011 ¢OSt Taxatioii The charity is exenipl froni corporation lax on 11.8 charitable aclivilies. Fund llccounting Uiireslricled funds C<ll) be used in accordance with Ihe charitable objectives at the discrclion of Ihc Iruslees. Restricted fui)ds can oiily be used for particular reslricled puiyoses within the objects of the charity. Reslriction5 arise wl)en specified by Ilie donor or when funds are raised for particiilar restriclL'd puiyoses. Fliriher explanalion of the nature and purpose of eacli fund is included in the notes to the financial stateinenls. PeiisiOII C05t5 aiid other post-retirement bei)efits The charitable coinpany operates a defiiied contribution pensioii 5clieiiie. Coiitribulioiis payable to Ilie charitable conipany's pensioi) scheine are cliarged to the Stateinenl of Financial Aclivilies iii tl)e period lo wliich they relate. Page 8 coiitii)ued... D. E. WL&CO. UMITED. CHARTEREDACCOUiYfLyTS
PARK LANE CENTRE NOTES TO THE FINANCIAL STATEMF.NTS- cojitinued for tlie Yeiir Eniled 31 st March 2025 INVESTMENT INCOME 31.3.25 31.3.24 Deposit accoui)l interest 3,199 3.321 NET INCOME/(EXPENDITURE) Nel incoine/(expenditure) is slated after chargii)g/{crediling)'. 31.3.25 31.3.24 Depreciation - owned assets 1,383 13.745 TRUSTEF.S' RF.MUNF.RATION AND BENF.FITS There were iio Iruslees, reiiiiiiieration or oil)er bei)efils for the year elided 3 1st Marcli 2025 nor for 11)e year ei)ded 31 sl Mai'cli 2024. Related party disclosures H Morbian is a Direclur of Pil rk Laiie Cenlre <111d CoLlI)cillor for I"eifoi'd arid Wrekiii Council. Iii 11)e yeai. Ciidiiib? 31 Mai'cl) 2024, 1.1 Mor&yaii 12llocaled £1804.90 bciiib, part ol. Ilieir s111( rc of Ilie Coui)cil lors Pride Fliiid lo Pai'k Laiie Cei)Irc, Iviih the requireiiieiit il is used Io SLlPPOrt coiiiinunily b>roups iviili rui)i)ii)g costs ai)d for sessioiic11 aclivily I2iid Iiililerial c051S. Trustees, cxpciises Tliere ivere iio trLislees' expeiises paid for the year ended 31 sl Marcli 2025 nor for Ilie year eiidcd 31 sl Marcli 2024. STAFF COSTS The average iiiontlily nliiiiber of eiiiployees dLirii)&p Ili¢ year was as folloiys.. 31.3.25 31.3.24 Adiiiiiiisif(I1ioii Charitable activities 13 No eiiiployees received einoluiiiei)Is ii) excess of £60,000. Page 9 coiiliiiued. D. E. CO. U,MITED. C114RTEREDACCObNTKNTS
PARK LANE CENTRF. NOTES TO THF. FINANCIAL.STATEMENTS- contiiiucd for Ihc Year F.iided 31st M#reli 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Ui)I'e51ricied fuiids Reslricled fui)ds Total funds INCOME AND ENDOWMENTS FROM Cliarita ble activities Support to the local coi)Iniui)ily 344,375 28,102 372,477 Inveslinenl iiicome oiher inconie 3,321 630 3,321 630 Total 348,326 28,102 376.428 F.XPF.IYDITURE ON CIIA rilable activities Support lo Ilie local coiiiinuiiity 336,912 48,175 385,087 NF.T INCOME/(EXPENDITUIIE) Trnnsfcrs between fun(15 11,414 (148) (20,073) 148 18,659) Net moveincnt Iii funds 11,266 (19,925) {8.659) RF.CONCILIATION OF FUNDS Total lui)ds bi'ougil)I lorward 123,833 63,210 187.043 TOTAL FUNI)S CARIIIED FORWAIID 135,099 43,285 178,384 TANGIBLE FIXF.D ASSCTS Fixtures aiid ritliiigs Woody's Wcirreii pliiybari) Plant ai)d iiiacliiiicry Coini?ulei' equipiiient Totals COST Ai I sl April 2024 Addilioiis 18,780 47,718 1,014 95,500 15,816 177,814 1,014 Ai 31st March 2025 18,780 48,732 95.500 15,816 178,828 I)EPRECIATION At Isl April 2024 Charge for year 12.026 2,785 44,691 1,346 64,460 7,163 15,697 89 136,874 1,383 At 31 st Marcli 2025 14,811 46,037 71.623 15,786 148,257 NET BOOK VALUE At 31 sl March 2025 3,969 2,695 23,877 30 30,571 Ai 31 st March 2024 6,754 3,027 31,040 119 40,940 Page 10 continucd... D. E. BALL& CO. LJMrrED, CHARTEREDACCOUN'TLN'T5
PARK LANE CFNTRF.
NOTES TO THF. FINANCIAL STATEMF.NTS - Continued
for tlie Year F.iidcd J 1st Miircli 2025
DEIITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
Prepaynients
14,374
853
11,009
905
15,227
1.914
CREDITORS: AMOUNTS FALLING DUF WITHIN ONE YEAR
31.3.25
31.3.24
Trade creditors
Accrucd e.xpciises
1,586
6,245
7,199
7,199
7,831
10.
MOVEMEN'f IN FUNDS
Net
iiiov¢iiiei)I
iii fuiids
Traiisfers
beliyccii
fLiiids
At
31.3.25
At 1.4.24
UiircstriLlcd fu lids
Gci)er
PARK LANE CENTRE NOTES TO THF FINANCIAL STATEMENTS- continued for the Year F.nded 31st Miireh 202$ MOVEMENT IN FUNDS - eontinued Nel iiioveineiit in fui)ds, iiicluded ii) the above are as follows.. ncoi)iiiig resolirces R¢soiirces expei)dcd Moveinei)t iii funds Unrc5trietcd funds General fund 341,109 (344,287) (3.178) Restricted funds Capilal Grant - Woody's Warreii Playbani C2[ pilal Graiit - Gyiii Grai)i - Miscellaiieous Grai)i - BBC Cliildren iii Need Grant - Safei. Sii'oiiger Coiiiiiiunilies Gi'aiil - Well Beii)gTr C1( fe Gi'aiil - Cap11 cily BLiII(liiib Gi'aiil - Madelcy CoLiiicII - Warin Space Graiil - Madeley Coui)cil - Chrisiinas CJrai)l - TGI". PLCYoLiIII Grai)i - MadclLy Coui)cil (7,163) (1,696) (3,110) (9,538) {1,305) (724) (3,648) (500) ( i.000} (1,-538} {500} (7,163) (1,696) 2,630 456 (1,305) 276 (3,648) 5,740 9.994 1,000 500 1,000 (1,538) (500) 18.234 (30,722) (12,488) TOTAL FUNDS 359.343 (375,009) (15,666) Page 12 coiitinued... D. E. 8AJI& CO. LI,MIYED. CIIARTEREDACCOUNTLNTS
PARK LANE CENTRF NOTES TO THE FINANCIAL STATEMENTS- contiiiued ror the Year Ende(131st March 2025 10. MOVEMENT IN FUNDS - continued Coniparatives for movement in funds Net movenicnt in fui)ds Traiisfers between funds At 31.3.24 At 1.4.23 Ui)restrict¢d fuiids Gei)¢ral fiii)d Buildii)g Maiiitenance Life Cycle Reserve 93,748 30,085 11.414 (148) 105,014 30,085 123.833 11.414 (148) 135,099 Restricted fuiids Capiliil Grant - Woody's Warreii Playbarii Capi1411 Grqiiil - Gyin Capital Gi'¢?i)i - Mqi deley Couiicil Grant - M iscellaiieoiis Grant - Holiday Activities & Eat Well Gi'ant - BBC Cliildrei) iii Need Grant - Si?f¢r Siroii&Jer Coiiiiiiuiiities Graiit - Asda Foui)dalioi) Gi'ai)l - Capacity Buildiiig CJl'aiil - Natioiial Gi'ld l.ocal G iviiig Graiil - Ricoli Coiiiiiiuiiily FIc1<111i Grill)i - Eiiei'byise _ Coiiiiiioiiwealili Gaiiies Granl - TGf PLCYovih Cjranl - M1( dcley Coiiiicil Grant - Wood5ide yoiilli f¢51ival Graiit _ V¢oli11 Fiivii'og?I'aiit 38,204 4,524 2,147 (7,163) (1,696) (2.147) 774 (235) (6,63.5) (15) (489) (4,990) (20) (1.551) (833) 4,458 500 (22) (9) 31,041 2.828 36 810 234 6,593 42 15 489 8,638 3,648 20 ,551 830 4,458 500 22 63,210 (20,073) 148 43,285 TOTAL FUNDS 187,043 (8,659) 178,384 Page 13 conliiiued... D. E. BALL&CO. UMtITD. CFtARTEREDACCOUKIANIS
PARK LANE CENTRE NOTF.S TO THF. FINANCIAL STATEMENTS- coi)tiiiued for the Year F.nded 31st March 2025 io. MOVEMENT IN FUNDS- continued Coinpai'ative nel moveinent in funds, included in the above are as follows: i)coii)iiig resourccs Resources expended Mov¢iiient in fuiids Unrc5tricted funds Geiieral fui)d 348.326 (336,912) 1,414 Restricted fuiids Capital Grant - Woody's Warrei) Playbarn Capili?l Graiil - Gyiii Capital Grant - Madeley Council Granl - Miscellai)eous Grant - 1401 iday Aclivilie5 & Eat Well Gi'ant - B13C Chi Idi'cii iii Need Grant - Safei. Siron&7er Coini))Iiiiilies Graiit - Asda found<ilioi) Gi'ant - Capacily Biiildin Gi'ant - Mlc deley CoLlI)cil - Wariii Space (rranl - Nalioiial Grid Local Giving Grant - Ricoli - Coininunity Healili Gi'2( lil - fi)ei'g?is¢ - Coiiiinonwealili Gaines (if(?i)1 I'GI." I)LCYoiill) Grant - Madeley Couiicil Griint - Coroi)cilioii Gr<int - Wood5ide yoiilh festival Gi'ant - V¢oli<i Liivirosrai)I (7,163) (1,696) (2,147) {3,886) (235) (6,63 5) (1,320) (489) (4,990) (1,667) (6,9901 (1,551) (833) (542) (2,000) (3,000) (2,022) (1.009) (7,163) (1,696) (2,147) 774 {235) {6,63 5) (15) {489) (4.990) 4,660 1,305 1,667 6,970 (20) (1,551) (8331 4,458 .$00 5.000 2.500 3,000 2,000 1,000 (22) (9) 28,102 (48,175) {20,073) TOTAL FUNDS 376,428 (385,087) (8,659) RELATED PARTY DISCLOSURF.S I'here were iio rclalcd party Iraiisciclions for the year elided 3151 March 2025. 12. DF,SIGNATED FUNDS Building Maintenance Life Cycle Reserve 'I'l)i5 reserve is iiiaiiitaii)ed as 14 siiiking fund lo ensure adequate finaiicial resources are available for large cyclical repair and Inainlenance projects tliat will be required to Inaii)lain Il)e fabric of the buildiiig. Page 14 continued... D. E. BAII&CO. UMITED, CHARTEREDACCOUNTANTS
PARK LANF. CENTRE NOTES TO THF. FINANCIAL STATEMENTS - continued for tl)e Year Ended 315t March 2025 13. RESTRICTED FUNDS Wood) s Warren Playbarii 'l-Iiis repi'escnis a gjrani provided by Telford & Wrekin Council lo assisl the purchase of a bespoke soft play area within the Ceiilre. The depreciation chai'gye relaiiiigJ lo Iliis fixed as5cI is allo¢alcd against this reslricled fui)d. Gyni 'I'hi5 )'¢'ar saw one of our longest leaseholders retiring and sellii)g hi5 biisines%. After ovcr 30 Years oli the estate he wished 10 givc soi))cihinb, baLk lo the coiiii)iuiiily lie lias served. Iii this case lie agyrced lo i)ay for Park L1< ne Centre lo have an ouldoor ¥yi)I Ihal would be accessible lo iiieinbers of the public 2417. Tl)e depi'eciaiioii cliarg¢ relaling to Il)is fixed assel is allocated against Il)is restricted flind. Grants Tl)ese represent specific grai)Is received where Ihe ulilisalioi) of the byranl n)ay straddle Il)e a¢coLinling year end. Page 15 D. E. BAI1& CO. UMllTD, CIL4KfEREDAccouMfANT5
PARK LANE CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIF.S for the Year Ended 31st March 2025 31.3.25 Total funds 31.3.24 Toial fuiids Unrestricted funds Restricted fui)ds INCOME AND ENDOWMF.NTS l iiveslinent inconie Deposit accouiit inleresi 3.199 3,199 3,321 Cha rilable activilies Reiilal ii)coiiie Woody's Warren income Grants I'eceived - i)ole I I 284,729 50,365 284,729 -50,365 18,234 274,154 70,035 28.288 18,234 335,094 18,234 353,328 372,477 Other income Telepl)()i)c ai)d pliotocopier recl)arges Othci. incoine 2,283 533 2,283 533 162 468 2,816 2,816 630 TotRI ljiconiing resources 341,109 18,234 359,343 376,428 r.xi)F.Nl)ITURE CIIA ritllble &clivitie5 Wagjes Soc ial Security )c11510115 R¢?ILS K21)d wal¢r i)siiraiice .ig?lil aiid lieat Teleplioiie Posl(IgJc aiid slatioi)ery Advcrtisiiig Siiiidi'i¢s Travullin&F expL'iises Coiiipuier expenses l)liolocopier and fax expenses Property I'epairs and gJeiieral Inaiiitenaiice Cleaniiig aiid waste d isp05al Safely and security costs Pai'k Lic l)e Cei)Ire evei)ts expeiiditiire B?( d debt ivrile off Coi)suliai)cy fees Wood} s Warreii exp¢nscs caled for¥vard 132,027 1,757 2,754 13,023 14,266 37,689 3,866 841 198 2,276 173 6,146 665 23,753 15,586 5,340 182 2,000 2,547 30,310 295,399 132,027 1,757 2.754 13,023 14,266 37.689 3,866 841 198 2,276 173 6,146 66.5 23,753 15,586 5,340 182 2,000 2,547 30,310 295,399 121,928 1,021 2,396 12,241 13,055 37,625 6,588 1,444 287 2,466 147 4,318 668 21,352 16,176 7,654 35 502 4,872 34,016 288,791 This page does not form part of ihe slalulory financial stateinents Pagie 16 D. E. BALL& CO. LtMJTED. CHKRTEREDACCOUNTAN75
PARK LANE CENTRE DETAILED STATEMF.NT OF FINANCIAL ACTIVITIFS for the Year Ended 31st March 2025 31.3.25 Total fuiids 31.3.24 Total fui)ds Ui)restricted fuiids Rcslricled funds Charitable activities Brouglil forivard Grant iiicoiiie expenditure - i)ole I I B ioi)1I2SS boiler Bcll)k Chargcs Licei)ces (11)d subsci'iptions Deprecialion of laiigTribl¢ assets 295,399 1,034 39,648 95 737 2.524 295,399 22,897 39,648 95 737 11,383 288.791 38.407 38.607 78 714 13.745 21,863 8,859 339,437 30,722 370,159 380,342 Support costs Governance cost5 Wage5 AccoLlI)lancy fees 1.000 3,850 1,000 3,850 1,000 3.745 4,850 4,850 4,745 Total resources expendcd 344,287 30.722 375,009 385,087 Net cxpcndltu re (3,178) (12,488) (15,666) (8,6.$9) This page does not fomi part of the statutory financial slalements Page 17 D. E. BALL& CO. UhltTED,CHARTEREDhCCOUNTwrs