## ## ## ## ## ## ||||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| ## ## ## ## ## ## ## ##