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2021-06-30-accounts

SORP
refereAGB
Summary
ofthe purposes of
the charity as set out in its
Para
1.17
Objects: Topromote the benefit ofthe inhabitants
of, and
persons employed
in, Pulross Road and the surrounding
areas
goverAiAg docufAeflt and the neighbourhood
thereof without distinction
ofrace,
gender, or political religious or other opinions
by associating
the local authorities
and/or
voluntary
organisations
and
inhabitants
in a common effort to advance education
and to
provide facHities in the interests ofsocial welfare for play,
recreabon,
sport and omaha leisure occupations,
with the object
of improving
the conditions oflife for said inhabitants,
and
particularly
those who have need ofsuch facilities by reason of
their youth, age, infirmity
or disablement,
poverty or social and
economic circumstances.
Summary ofthe main
activities
in relation tothose
purposes
for the public
benefit,
in particular,
the
activities, projects or
services identified
in the
Para
1.17and
1.19
The basic service is to provide a publically accessible sports
pitch, playground
and planted
community
garden for the benefit
ofthe local community;
open access and free touse. The
playground
has a young children's
play section, an age 7+
children's
play section and a multi sports
aH weather
pitch.
accounts. The grounds
indude a hall which is hired out at low cost to
provide a mmmunity
space for children's
parties, church
groups and any other local group to meet. A cafe on site
provides
local jobs and reasonably
priced food and drink for
local
le and
a
round users.
Statement confirming The trustees
have had regard to the Charity Commission
whether the trustees have guidance on public benefit.
had regard to the guidance
issued by the Charity
Commission
on public
benefit
Additional information information (optional) (optional)
You ma choose to include further statements where relevant about
SORP
referenoe
Policy on grant making
Para
1.38
Policy on social investment
induding program related Para
investment 1.38
Contribution Contribution made by made by AII Trustees
live locally and give their time voluntarily
and
volunteers Para receive no remuneration
or other benefits. A pool ofother
1.3B committee
members
and other volunteers
help with a variety
of
administrative,
fundraising
and physical tasks to enable the
ark to function effectivel
.
Achievements
and
Perfarmance
SORP
re%rance
Summary ofthe main The playground's
continuing
operation
represents a great
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
ofits
public benefit to the community.
Covid restrictions
permitbng,
the park has been open to the general
public from morning
until dusk every day ofthe year. It is used by young people
beneficiaries and any wider 1.20 from babies through to teenagers,
and provides a free, safe,
benefits to society as a open access space to play, exercise, and enjoy the garden. It
whole. also provides aspace for parents
from each strand of Brixton's
diverse communities
to meet and build friendships.
Community
fun days with Stalls and free activities have been
somewhat
limited due to Covid 19however wherever
possible
smaller scale activities have been happening.
Before the
Covid 19restrictions came into effect the following
activities
have also continued:
the hall has been used by local churches,
community
groups and children's
dubs,
it is rented out at a
moderate cost to provide a useful community
amenity;
the
popular local branch ofGoodGym uses the park as a base for
their fitness and volunteering
scheme; Football coaching,
drumming
dasses and yoga have all taken place duimg the
year along with community
planting
days. Some ofthese
activities have been organ~
with lower numbers
to allow for
social distaAciAQ
Additional information (optional)
You ma choose to include further statements
where relevant about
Achievements against The main achievement
over the last year has been to maintain
objectives set the park as a ~iable entity.
Due to significant
effort from the
Trustees grants have been raised to cover basic costs and
maintenance
to ensure the service conbnues to be provided.
Performance offundraising Funds were raised ffonl LBL, BAd iAdivlduaI
donations
BAd fuAd
activities against objectives raising events have BIIcontributed
to the upkeep.
In addition
set fundraising
continues
forthe next phase ofthe park*s renewal
Para
1.41
which
wiII involve the rebuilding
ofthe hall and cafe.
Investment
ainst
performance
ectives
Para
1.41
The impact ofthe Covid 19crisis has been significant
for the
park. The Trustees have worked hard to raise funds to ensure
the park has been able to survive despite the first lockdown in
2020. Throu
h accessin
emer enc
rants from S ort
England
and also Lambeth
Council*s restrictions
grants.
The
England
and also Lambeth
Council*s restrictions
grants.
The
England
and also Lambeth
Council*s restrictions
grants.
The
England
and also Lambeth
Council*s restrictions
grants.
The
Trustees are acutely aware that in the local community there
are many people without access to their own garden or outdoor
space.
Due to this concern once itwas possible to reopen
with
Covid secure processes
in place the Trustees were keen to
ensure a service was
rovided.
Financial Review
Review ofthe charity's Despite the challenges
for this period the charity is still
financial
position at the end
financially
solvent and has su%uent fumls
to operate
in the
ofthe penod short to medium
term although
longer term
~iability
will
require
a r
lacement income stream.
Statement
explaining
the General policy ls that the charity should
hold a fund of
no less
pohcy for holding re.mrves than R4,000to avow for a float for running and emergency
stating
why
they are held costs. As there are no paid staff employed no reserve is
required for staff.
Amount ofreserves held
Reasons for holding zero N/A
reserveS
Details offund materially in N/A
deficit
Explanation ofany
uncertainties about the
charity continuing
as a going
Additional information (optional)
You may choose to include further SMements where relevant abner
The charity's
principal
sources offunds (including
Para
1.47
The charity received a reduced income stream ofrent from
events held atthe hall and the operator ofthe cafe within the
any fundraising) park.
ln addition, the new pitch is planned
to be hired out to
sports groups for netba8 and football however this has been
curtailed
by the pandemic.
investment
pohcy and
obj~ves including
any
Para
1.46
N/A no significant or )ong term investments
social investment
pohcy
ad
ted
There continues to be pressure on income for running costs so
A description ofthe principal ongoing campaigns
conbnue
using Justgiving
and Donate.
risks facing the charity The renewal ofthe sports pitch completed in late 2019also
provides an income stream through
private
hire opportunities
although
this has been negatively
impacted
by the lockdown
restrictions
over the last 2years.
The sustainabie
solution to the funding
issue continues
to be
the HaH and Cafe rebuild
This wi8 provide
increased income
due to the availability oflarger and more useable spaces for
rent.
The next challenge
isto raise the required
funds for this
proIect.
This vN) come from a combination
ofgrants,
fundraising
activities and demons. The planning
permission
is
now in place and agreement
toa20year lease has been
agreed with LBLwhich enables the charity to focus on this
movin
fofward.

Description Description ofcharity's ofcharity's
trusts:
Type of governing
document
Memorandum and Articles
How is the charity
cons5tuted7
Para
1m
Company
limited
by guarantee
Trustee
including
selec5on methods
details ofany
Para
1.25
Elected by members
May ofeach year
attending
the
Annual General Meeting in
constitutional provisions e.g.
elecbon to post or name of
any person or body en5tled
to appoint one or more
trustees
Additional information (opbonal)
You ma choose to include further statmnents
where
relevant about.
N/A
Policies and procedures
adopted
training
forthe induction
oftrustees
and Para
1.51
N/A
The charity's organisabonal
structure
network
and
with
any wider
which the
Para
1.51
chanty works
N/A
Rela5onship
parties
with any related Para
1.51
The trustees (who are also directors of PAPA's Park Ltd for the
purposes ofcompany law) are responsible for preparing the
trustees'
report
and the financial statements in accordance with
applicable
law
and United
Kingdom
Accounting Standards
(United
Kingdom
Generally Accepted Accounting Practice).
Company
law requires the
trustees to prepare financial
statements for each fin-incial year which give a true and fair
view ofthe state ofaffairs ofthe charitable company and of the
incoming resources md application of resources, including the
income and expenditure,
ofthe charitable
company for that
period.
ln preparing these financial statements, the trustees are
required to:
~ select suitable accoun5ng
policies and
then apply them
consistently;
~ observe the methods and principles in the Chan5es SORP;
e make judgements mal estimates that are reasonable and
prudent;
~ state whether ble UKAccoun5n Standards have
been followed, subject to any material
departures
disclosed
and explained
in the financial
sletements;
and
e prepare the financial sMements
on the going concern basis
unless
it is inappropriate
to presume
that the charitable
company
will continue
in operation.
The trustees are responsible
for keeping adequate
accounting
records that disclose with reasonable
accuracy at any time
the
financial
position ofthe charitable
company
and enable them to
ensure that the financial statements
comply with the
Companies
Act2006.
They are also responsible
for safeguarding
the assets ofthe
charitable
company
and hence for taking reasonable
steps
for
the prevenbon
md detection offraud and other irregularities.
ln so far as the trustees are aware:
ethere is no relevant
information
ofwhich the charitable
company's
examiners are unaware;
and
o the trustees have taken all steps that they ought to have
taken to make themselves
aware ofany relevant
information
and to establish that the examiners
are aware ofthat
infomabon.
The trustees are responsible
forthe maintenance
and integrity
ofthe corporate and financial
information
included
on the
charitable
company's
website.
Legislation
in the United Kingdom
governing
the preparation
and dissemination
ofIinancial statements
may differ from
legislation
in other jurisdictions.
Members ofthe charity guarantee
to contribute
an amount
not
exceeding
K1 tothe assets ofthe charity in the event of
winding
up. Trustees are members ofthe charity,
but this
entitles them
to voti

PAPA's Park Limited
R istered corn number 06933866
Re istered chari number 1133711
Charity's principal address 10-17Pulross Road
London
SW9 BAF

Fort he year ended 30th June 20 21 21
Unrestricted Restricted Total Funds Unrestricted Restricted Totai Funds
Funds Funds 2021 Funds Funds 2020
Income from: Note f.
Donations 3 8,835 8,835 E3,595 500 4,095
Charitable
activities
4 19,252 19,252 30,016 52,000 82,016
Interest received 5 18 18
Other
Total income 28,087 28,087 33,629 52,500 86,129
Expenditure
on:
Raising funds 478 478 60 60
Charitable
activities
20,674 1,022 21,696 15,203 60,294 75,49?
Total expenditure 21,152 1,022 22,174 55,263 60,294 ?5,557
Net rncomer
(expenditure)
for
the
year 6,935 ( 1,022) 5,913 18,366 ( 7,794) 10,572
Reconciliation
offunds
Total funds brought
forward 35,831 1,022 36,853 25,542 739 26,281
Transfer between funds ( 8,077) 8,077
Total funds carried forward f42,766 f42,766 835,831 81,022 836,853

As at 3 0th June 2021
Note 2021 2020
Current assets
Debtors 61 137
Cash at bank and in hand 44,105 38,166
44,166 38,303
Creditors: Amount falling
due within one year ( 1,400) ( 1,450)
Net current assets 42,766 36,853
Total assets less current liabilities 42,766 36,853
Net assets 10 f42,766 K'36,S53
Funds
Restricted Funds 1,022
Unrestricted Funds
Designated Funds 22,QOO 22,000
General
Fund
2Q,766 13,831
Total funds 642,766 236,853

3 Donations and legacies
Unrestricted Restricted Total Unrestricted Restricted Total
2021 2021 2021 2020 2020 2020
E
Donations 8,835 8,835 1,368 500 1,868
Fundraising 2,227 2,227
R8,835 R8,835 E3,595 E500 E4,095
4 Income from charitable activities
Unrestricted Restricted Total Unrestricted Restricted Total
Grant income f.
Sport England 47,500 47,500
ESC Lottery Sport
England
Emergency
Fund 4,500 4,500
Lambeth
-Covid Fund
10,000 10,000 25,000 25,000
f. 10,000 K 1D,OOO E25,000 E52,000 E77,000
Unrestricted Restricted Total Unrestricted Restricted Total
Other charitable activities
Cafe rental 4,619 4,619 2,000 2,000
Hall hire 2,343 2,343 2,796 2,796
Pitch hire 2,290 2,290
Membership
fees
220 220
R9,252 R9,252 E5,016 E5,016
Total income from
charitable activities
F 19,252 R19,252 E30,016 E52,000 E82,016
5 Interest received Unrestricted Restricted Total Unrestricted Restricted Total
2D21 2020
Bank Interest 818

Expenditure
Expenditure
represents
the following direct and apportioned costs
Unrestricted Restricted
Charitable Governance Charitable 2021
Fundraising activities costs activities Total
Playground
refurbishment
1,925 495 2,420
Planting 303 303
Hall refurbishment 5,016 5,016
Roof/hall
repairs
131 131
Electricity 962 962
Equipment
cafe
215 215
Cleaning 1,872 527 2,399
Ground maintenance 165 165
Waste clearance 1,460 1,460
Water 1,320 1,320
Safety check 146 146
Insurance 3,047 3,047
Accountancy 700 700
Administrative
expenses
216 216
Bank charges 12 12
Business rates 1,956 1,956
Other 250 1,456 1,706
Total expenditure R478 R19,974 R 700 R1,022 R 22,174
Expenditure
-prior year
2020
comparative:
Playground
refurbishment
56,316 56,316
Gardening/
Gardening
Club 48 48
Hall refurbishment 4,200 4,200
Roof/hall
repairs
553 1,053
Tree maintenance
Electricity 1,739 2,587
Equipment
cafe
Cleaning 2,093 750 2,843
Gound maintenance 147 147
Waste clearance 863 384 1,247
Water 1,500 500 2,000
Safety check 142 142
Insurance 1,904 996 2,900
Accountancy 700 700
Administrative
expenses
369 369
Bank charges 45 45
Legal fees 900 900
Other 60 60
Total expenditure E15,263 E80,294 E75,557

7 Net income forthe yea Net income forthe yea Net income forthe yea r
There is no depreciation charged as all playground equipment is written
off
in year ofpurchase.
The playground is administered by volunteers therefore there are currently no staff costs
2021 2020
Independent
examination
f700 8700
8 Debtors 2021 2020
Due within one year.
Debtors
Prepayments 61 137
61 8137
9 Creditors 2021 2020
Amounts
falling
due within one year:
Accruals 1,400 1,450
Deposit held for Cafe rental
R1,400 E1,450
10 Analysis ofnet assets between funds Unrestricted Funds Restricted Total Funds
Funds
2021 2021 2021
Fund Balances at 30June 2021 are represented by:
Current Assets 44,166 44,166
Creditors: Amounts falling due
within one year (1,400) (1,400)
Total net assets f42,766 RO f42,766
Analysis ofnet 2020 2020 2020
Eund Balances at 30June 2020 are represented by:
Current Assets 88,998 (50,695) 38,303
Creditors: Amounts falling due
within one year (1,450) (1,450)
Total net assets 887,548 (850,695) 836,853

Funds
Transfers
Fund movements were as At 1stJul between At 30th Jun
follows: 2020 Incoming Outgoing funds 2021
f.
Restricted Funds
ESC Lottery Sport
England
Emergency
Fund 1,022 (1,022)
Total Restricted Funds 1,022 {1,022)
Unrestricted funds:
Designated funds:
roof/hall 16,000 16,000
Designated funds:
pitch 6,000 6,000
Generalfunds 13,831 28,091 {21,152) 20,770
Totalfunds R36,853 f28,091 {f22,174) R42,770

Funds - prior yea r comparis on
Fund movements were as Transfers
follows: At 1stJul between At 30th Jun
2019 incoming Outgoing funds 2020
Restricted Funds
Sport England 47,500 (56,316) 8,8'I 6
ESCLottery Sport
England Emergency 4,500 (3,478) 1,022
Fund
Postcode Trust 739 739)
Glass repair 500
Total Restricted Funds 739 52,500 80,294) 8,077 1,022
Unrestricted
funds:
Designated
funds
18,000
Designated
funds:
pitch
6,000 8,000
General funds 9,542 33,829 (15,283) ( 14,077) 13,831
Total funds 828,281 E88,129 (ET5,557) 838,853