Registered Company Number 04237777
Registered Charity Number
1135137
CLAPHAM PARK PROJECT
TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
E J Avari & Co Limited
178 Tjvyford Road
Harrow, Middlesex
London HA2 OSN

CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
INDEX
Financial Results- Highlights
Reference and Administrative details of the Charity, its Trustees/directors and advisers 2
317
Trustees, Report
Trustees, responsibilities statement
Independent Examiner's Report
Statement of financial activities
10
Balance Sheet as at 31 March 2024
11
Notes foming part of the financial statements
12121

Page I
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Financial Results- Higmights *
2024
2023
Incoming resources
195,474
156,337
Resources Expended
(451,977)
(349,530)
Net (adverse) movetnent in fLmds
(240,809)
(111,591)
Total funds
2,037,615
2.278,424
* Note: These highlights do not include changes to pension provisions.

Page 2
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GuARA￿rEE AND NOT HAVING SHARE CAPITAL)
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors for the purposes of company law, present their report and
the unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
D M Morris - Chair
G Wedderburn - Vice Chair
J H Rymer- Treasurer
J Roberts
L Allison
A Morton
T Lowndes (appointed December 2023)
T Rees (appointed December 2023)
H Williams (appointed December 2023)
Councillor Irfan Mohan]med
Observer
Chief Executive and Company Secretary Mr A Johnson
Registered Charity Number
1135137
Company Registration Number
04237777
Registered Office
14 Brixton Hill Place
London
SW2 IHJ
Bankers
National Westminster Bank PLC
68 Baker Street
London
WIA2BA
Independent Examiner
E J Avari & Co Ltd
Association of Accounting Technicians
178 Twyford Road
Harrow, Middlesex
London HA2 OSN
Solicitors
Wedlake Bell LLP
71 Queen Victoria Street
London
EC4V 4AY

Page 3
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REPORT
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with financial statements of the Charity for the year ended 31 March 2024.
These financial statements are prq)ared under the historical cost convention, in accordance with
Accounting and Reporting by Charities: Statement of Recommended Practice ("the Charities SORP")
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard (FRS) applicable in the UK and Republic of Ireland (FRS 102) (effective l January2019),
Charities SORP (FRS102), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRSI 02) and the Companies Act 2006.
I. STRUCTURE, GOVERNANCE & MANAGEMENT
Governing document
The company was incorporated on 20 June 2001, is limited by guarantee and has no share
capital. Each member is liable to contribute a sum not exceeding £1 in the event of the
company being wound up. On 9 March 2010 Clapham Park Project was registered as a charity
(charity registration No. l 135137). It is governed by its imemorandum and Articles of Association
as amended by special resolution dated 22 March 2011.
Recruitment and appointment of trustees
The management of the company is the responsibility of the Trustees who are appointed or
co-opted in accordance with the Articles of Association. Trustees serve for a period of two years
and may be reappointed. Trustee vacancies are published across Clapham Park and surrounding
neighbourhoods and applicants are considered by an appointment panel that makes a
recommendation to appoint to the Board. Clapham Park Project will make use of third-party
organisations to identify suitable applicants. When recruiting trustees, the appointment panel
will be looking for individuals who can bring specific skills to the Board: for example, finance,
fimdraising, legal etc. The quorum for General Meetings is four company members.
Introduction and training of trustees
New Trustees undertake an induction programme with the organisation and are asked to attend
a series of short training courses. The organisation will also run regular training workshops for
the entire Board: for example, on legal and financial responsibilities and to review Clapham
Park policies.
Organisation, structure and decision making
The Board of Trustees are responsible for the management of the company. They delegate the
general management and administration of the company to the Chief Executive Officer who,
with staff team, ensures that the company is run efficiently.
Management
At Clapham Park Project's AGM. held on 6 December 2022, Diana Morris was appointed as
Chair and John Rymer as Treasurer. They will serve for a period of two years. At the AGM held on
5 December 2023, Gordon Wedderburn was appointed as Vice Chair for a period of two years.

Page 4
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANfEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REPORT
Risk management
The Board of Trustees has conducted a review of the major risks to which the charity is exposed.
A risk register has been created and is reviewed and updated annually. Where appropriate,
systems or procedures have been established to mitigate the risks the charity faces. Internal
control risks are minimised by the implementation of procedures for authorising orders
and financial transactions. Procedures are also in place to ensure compliance with health and
safety of staff, volunteers, clients and visitors to our premises at Brixton Hill Place.
2 OBECTIVES AND ACTIVITIES
Public benefit
The Trustees confirni that they have complied with the duty in section 4 of the Charities Act 2006
to have due regard to public benefit guidance published by the Commission in deterniining the
activities undertaken by the Charity.
The Charity Commission in its "'Charities and Public Benefit" guidance states that there are two
key principles to be met in order to show that an organisation's aims are for the public benefit:
firstly, there must be an identifiable benefit and, secondly. that the benefit must be to the public
or a section of the public. The trustees are satisfied that the aims and objectives of the charity,
and the activities reported on below to achieve those aims, meet these principles.
Principal activity
The principal activity of the company in the year under review was delivering projects and
activities that benefitted residents, and supporting local community groups in Lambeth.
particularly in the CIapham Park neighbourhood.
Our vision
Our vision is a safe and welcoming place; a learning community which recognises and
promotes its own skills and resources. and which can manage its own affairs with dignity.
We have ensured, and will continue to ensure, that the community is at the heart of the process.
We know this is only the beginning of the journey towards an inclusive and equitable community.
3 ACHIEVEMENTS AND PERFORMANCE
As the year began, CPP was fully functional, delivering a range of projects and activities across
the Clapham Park neighbourhood.
Youth Work
CPP had developed a consortiurn of local youth organisations called Clapham Park Youth
Initiative. These providers continued to deliver activities in 2023-2024 supported with funding
from Lambeth Council starting with Easter activities and caFrying on into the surnmer.

Page 5
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REPORT
Youth work (continued)
CPP'S Bikes Project continued its work in 2023-24 providÉng sessions for local young people and
referrals from Lambeth Council's Youth Offending Service. We also continued to provide sessions
for the Harris Academy School which proved to be very popular. Towards the end of the year CPP,
working with Metropolitan Thames Valley Housing (MTVH), moved the bikes project to a new,
temporary site. This was to facilitate the next phase of the estate regeneration programme.
CPP, working with Knight's Youth Centre and O&sis Play? developed a new consortium of
Clapham-based youth organisations in the auturnn of 2022. In total. the consortium consists of
nine members who provide a wide range of activities for Lambeth residents. The consortium
successfully bid for funding through Lambeth Council's Youth and Play Service and secured
funding for two years commencing in April 2023.
Supporting Local Organisations
CPP continued to provide significant support to the Friends of Agnes Riley Gardens throughout
the year. Our Community Partnerships Manager led on local consultations regarding new play
equipment and a splash pad. Work began in late 2023 and all the new equipment was in place by
early summer. Work was also undertaken to help the Friends to put on a very well attended
Autumn Fair and a Meet Santa event.
Once again, working with Tr￿, CPP helped to deliver a great fun day on 5th August 2023.
Despite bad weather it attracted sorne 400 local residents. During the year, CPP continued to
support MTVH in delivering its warni hub and free meals through the provision of staff and
volunteer support. CPP also helped MTVH organise a successful Winter Fair which took place
in December 2023.
CPP continued to support the Clapham Park Over 50s ￿0Up with their weekly coffee mornings,
two seaside tiips and a Christmas Meal. CPP continued to provide free weekly Tai Chi classes
and at the end of the year was successful in helping the Over 50s raise ￿ndS to support a weekly
activities session.
CPP has longstanding good relations with the local police and it continues to support and help
administer the Clapham Park Safer Neighbourhood Panel. This meets quarterly and brings
together local organisations, residents and the police.
In March 2024, our Community Partnerships Manager, Ching Wah Wong, announced her intention
to retire in September 2024. She has worked for CPP for 22 years and has been instnmiental to all
our achievements, both as an NDC and &s a local charity. We would like to record our thanks and
to wish her every happiness in the fvture.

Page 6
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REPORT
Community Development
CPP continues to work to support and engage with local residents to better understand their needs
and to inform our service delivery.
CPP, s Community Chest small grants scheme proved to be very well subscribed with funding made
available for ten local projects, alI developed by local residents and supported by CPP'S Community
Development Officer. Examples of these are Arts workshops, gardening projects, Youth Sports and a
Women, s Self Defence course.
Finally, CPP continued to be an active member of the Lambeth Fonlln Network. We also produced
our quarterly newsletter, Parklife, which is distributed to 7,000 homes across the Clapham Park
neighbourhood.
Fundraising
Clapham Park Project is grateful for the funding it received in 2023-24 and would like to thank
the following funders:
* Lambeth Council, Youth and Play for their continuing support of our Bikes Project.
* Lambeth Council, Youth and Play for their funding of a local consortium of youth providers
who were able to deliver a range of projects during 2023-24.
Lambeth Council, Lambeth Forum Network (LFN). This enabled CPP to continue to
participate in the Forum Network during 2023-24 and continue to provide financial support
to local neighbourhood organisations.
4 Financial Viability
Following the sale of CPP'S premises at 14 Brixton Hill Place in January 2022, CPP secured
adequate income to continue its work well into the future. Thanks to our landlord, CPP
remained at Brixton Hill Place throughout 2023-24 while planning pennission was sought.
However. we recognise that we will have to find new premises soon and this will be a priority
for 2024-25.
5 Plan for the future
* Finding new premises. This is currently a pressing priority for the organisation and a
challenge as CPP wants to find new premises as near to the Clapham Park estate as
possible. As this is prdominantly a residential area it is proving to be difficult and the
Board may have to consider moving further afield.
* In early 2024, the CPP Board held a further infornial Board meeting to consider its way forward
and how it could best meet its charitable objectives. This will see CPP recruiting more staff in
2024-25 with a view to increasing its impact and supporting more Eocal residents.

Page 7
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REPORT
5 Plans for the future (continued)
Responding to the cost-of-livtng crtsis. CPP lil(e all commullity organi5ations, is fe¢ling the
impact of the rise in the cost of living, particularly in power and service costs. We are
acutely aware of the impact this is having on local residents particularly those on benefits
and low incomes. CPP is working with other local organisations to develop some local
initiatives to help those in the community who are struggling.
6 Reserves Policy
It has been the policy of the charity to maintain unrestricted funds, which are the free reserves
of the charity, at a level which equates to approximately l 00 % of anticipated unrestricted
expenditure for the following year. This provides sufficient funds to cover twelve months
management, administration and support costs. Trustees are confident that the situation can
now be maintained for the year ending 31 March 2025.
7 Independent Examiner
E J Avari and Co. Limited have expressed their willingness to continue in office as an
Independent Examiner and a resolution to reappoint them will be proposed at the
forthcoming Annual General Meeting.
The Trustees, annual report was approved on 3 December 2024 and signed on their behalf by:
Trustee: Diana Morris, Chair
Angus Johnson: Company Secretary

Page 8
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FOR THE YEAR ENDED 31 MARCH 2024
Trustees, responsibilities statement
The trustees (who are also directors of Clapham Park Project for the purposes of company law) are
responsible for preparing the Trustees. Annual Report and the financial statements in accordance
with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under
that the Trustees have elected to prepare the financial statements in accordance with United Kingdom
Generally Accepted Accounting Practice (UK GAAP) (United Kingdom Accounting Standards and
applicable law). Under company law, the Trustees must not approve the financial statements unless
they are satisfied that they give a trne and fair view of the state of affairs of the charitable company
and of the incoming resourc¢s and application of resources, including the incoEne and cxpenditure,
of the charitable company for this period.
In preparing these financial statements. the trustees are required to:
*select suitable accounting policies and then apply them consistently.
*observe the methods and principles in the Charities Statement of Recommended Practice (SORP).
*make judgements and estimates that are reasonable and prudent"
*state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees confirn] that:
so far as each Trustee is aware, there is no relevant information of which the charttable company's
Independent examiner is unaware.
*the Trustees have taken all the steps that they ought to have taken as Trustees in order to make
themselves aware of any relevant inforniation and to establish that the charitable company's
Independent examiner is aware of that inforniation.
The Trustees are responsible for the maintenance and integrity of the COLVOrnte and financial
inforniation included on the charitable company. s website.
Th¢ Trustees confinn that Èn approving the Trustees. report they are also confirniing the trustees,
report in their capacity as directors of the charitable company,
By order of the Board,
D M Monis
Trustee Chair, Management Board
[0 IL December 2024.

Page 9
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CLAPHAM PARK PROJECT
I report to the charitable company's trustees on my examination of the accounts of Clapham Park Project
("the company") for the year ended 31 March 2024 which comprise the Statement of financial activities,
the balance sheet and the related notes I to 21.
This report is made solely to the charitable company's trustees, as a body, in accordance with section 145
of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been
undertaken so that I might state to the charitable company's trustees those matters I am required to state
to them in an independent examiner's report and for no other purpose. To the fullest extent perniitted by
law, I do not accept or assume responsibility to anyone other than the charitable company and the
charitable company's trustees as a body, for my work, for this reporL or for the opinions I have forn]ed.
Responsibilities and basis of report
As the charitable cornpany's trustees (and also its directors for the purposes of company law), you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ("the 2006 Act-,). You are satisfied that your charitable company is not required by charity law to be
audited and have chosen instead to have an independent exatnination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of
the 2006 Act and are eligible for the independent examinatio￿ I report in respect of my examination of
your charitable company's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011
Act"). In carrying out my examination I have followed the Directions given by the CIwity Commission
under section 145 (5)(b) of the 2011 Act.
Independent examiner's statement
Your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirni that I am
qualified to undertake the examination because l am a member of the Association of Accounting
Technicians, which is one of the listed bodies.
I have completed my examÉnation. I confmn that no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the company as required by section 386 of the
2006 Act. or
2 the accounts do not accord with those records" or
3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a -true and fair view, which is not a
matter considered as part of an independent examination" or
4 the accounts have not been prepared in accordance wlth the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland and (FRSI 02).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this respect in order to enable a proper understanding of the accounts to be
rpched.
Edulji J
vari BCOM. MAAT
For and on behalf of E J Avari & Co Limited
The Association of Accounting Technicians
Licence Number 1004948,
178, Twyford Road, Harrow.
Middlesex HA2 OSN,
United Kingdom
Dated: 10 <£ December 2024.

Page 10
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE
ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Notes 2024
2024
Unrestricted Restricted
Funds
Funds
2024
Total
Funds
2023
Total
Funds
Incoming resources
Incoming resources from generated funds:
Activities for generating funds
Voluntary income
Incoming resources from Charitable
Activities:
Support and deliver project for local
Community
Regeneration income
Investment inconle:
Bank and Other Interest: Gross
9,253
5,000
9,253 12,042
5,000
5,000
5b
107,804
107,804 112,185
Total incoming Resources
Resources Expended
Costs of generating funds:
Charitable Activities
Governance cost
107 804 195 474 156 337
19120
(299,395)
(148,380) (447,775) (346,101)
Total resources expended
Net (outgoing) resources
303 597
(215,927)
148 380
451977)
349 530
(40,576) (256,503) (193,193)
Transfers between funds
19
4,093
(4,093)
Less: Scottish Voluntary pension:
Excess provision of past years
Reversed
Deficit contribution paid
Pension gain (loss) provision
arising in thc year due to reduction
in pension deficit contribution 18
157,937
(57,862)
Net (adverse) movement in funds
for the year
(196,140)
(44,669) (240,809) (111.591)
Reconciliation of funds
Total Funds balances brought-forward
at 31 March 2023 as previously reported
Total Funds carried-forward at end of
Year including pension reserve
18
2 200 092
78 332 2 278 424 2 390 015
2 003 952
33 663 2 037 615 2 278 424
All items dealt with in the Statement of Financial Activities relate to continuing activities. There are no
recognised gains or losses other than those passing through the Statement of Financial Activities.
The notes on pages 12 to 21 forni part of these financial statements.

Pagell
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CIlPITAL)
BALANCE SHEET AS AT 31 MARCH 2024
COMPANY NUMBER 04237777
Notes
2024
2024
2023
2023
Current Assets
Trade debtors and prepa￿ents ] I
Cash and cash equivalents
12
2 037 673
2 271063
2 074 035
2 299 847
Current Liabilities
Creditors: Amounts falling due
within one year
Net Current Assets
2 040 394
2 296 897
Total Assets less
Current Liabilities
2,040,394
2,296.897
Creditors: amounts falling due
after more than one year
10
Net Assets includlng pension liability
2 037 615
2 278 424
Represented by:
The funds of the Charity
Restricted funds
Unrestricted funds
General ￿lld
Desi￿ated fund
17
33,663
78,332
303,952
1700 000
400,092
1800 000
2037615
2 278 424
These financial statements which have been prepared in accordance with the special provisions applicable
to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
For the year ended 31 March 2024 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Trustees, responsibilities:
The trnstees have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the
Companies Act with respect to accounting records and the preparation of accounts.
These financial statements of Clapham Park Project, regÈstered charity number l 135137, registered
number 04237777 were approved by the Board of Trustees (Directors) on i OOL Q&<•y>kn 202 É
and signed on behalf of the Board of Trustees (Directors).
Trustee: Diana Morris, Chair
The notes on pages 12 to 21 form part of these financial statements

Page 12
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEIWIENTS FOR THE YEAR ENDED
31 MARCH 2024
l. General information and charitable statUS
Clapham Park Project, a public benefit entity. is incorporated in England and Wales as a
company limited by guarantee not havtng a share capital. There are currently nine Trustees
who are also the members of the company. Each member has undertaken to contribute to the
assets in the event of winding up a sum not exceeding £ l. The charitable company is a
registered charity. The registered office address is given on page 2.
2. Statement of Compliance
The financial statements of the charitable company, which is a public benefit entity under FRS
102, have been prepared in accordance with the Charities SORP (FRS102) 'Accounting and
Reporting by Charities:Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in Sterling, which is the functional currency of the entity.
The charity has taken advantage of the exemption Èn Financial Reporting Standard No l from
the requirements to produce a cash flow statement on the ground that it is a small charity.
3. Accounting policies
Preparation of financial statements-Going Concern basis
The company is in surplus position at 3 l March 2023 and 31 March 2024. The trustees do not
anticipate any significant changes to the business in the foreseeable future. at least twelve
months from the date of Si￿11ng the financial statements.
With policies and processes in place to manage operational and financial risks, the Trustees
believe it Ès appropriate to continue to adopt the going concern b&sis of accounting in preparing
these financial statements.
Changes to accounting estimates and judgements
Preparation of the financial statements requires the Trustees to make significant judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not
factual.
The estimates and associated assumptions are based on historical experience and other factors
that are considered to be relevant. Actual results may differ from these estimates.
The item in the financial statements where these judgements and estimates have been
made is under Note 21 relating to Scottish voluntary sector pension scheme.
Material prior year errors
No material prior year errors have been identified in the reporting period.
Funds accounting
Funds held by Clapham Park Project are:
Unrestricted fund5 represent the funds of Clapharn Park Project that are not subject to any
restrictions regarding their use and are avaiIable for the general purpose of the charity. Funds
designated by the Trustees for a particular purpose are also unrestricted.
Restricted funds consist of monies received for specific purposes. The unspent balances of
the funds may not be used for any other purposes unless the Trustees have received, from the
donors, express pern]ission to do so.

Page 13
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED
31 MARCH 2024 (continued)
Funds Accounting
Designated funds are unrestricted funds where the Trustees have resolved to 'put aside, the
funds for a specific purpose.
Enrolled Pension Costs
The company operates a defined conttibution scheme for the benefit of its employees.
Contributions payable are charged to the income and expenditure account in the year they
are payable. The amount paid in the year is £1 0,993 (2023: £10,970).
Recognition of income
All income is included in the statement of financial activities when the conditions for receipt
have been met. receipt is probable and the amount can be quantified with reasonable accuracy
against an invoice, contract or agreement.
Incoming resources from charitable activities includes
Activities for generating funds comprises:
Fun day contributions
Rent
Voluntary income
Incoming resources from charitable activitie5:
Regeneration income received from fund providers for specific projects are accounted for as
restricted funds
Cash and cash eqllivalents
Cash and cash equivalents comprises cash in hand, on demand and short term deposits with a
maturity within twelve months with banks and similar institutions, which are readily
convertible to known amounts of cash and are subject to insignificant risk of change value.
The items in the financial statements where these have been made include:
Current bank interest is accounted for over the period in which it is earned.
Treasury Reserve deposit for a temi of one year fixed- Interest receivable is credited to the
revenue in the year in which it is accrued. All deposits will have interest paid gross. The
current deposit interest rate (AER) of 4.53 % (2023:3.50/0) gross is fixed for a period of one year
commencing from 21 November 2023. The total funds held on deposit is £1.700,000.
Resources expended
Expenditure is reCO￿lSed once there is a legal or constructive obligation to make a
payment to a third paty, it is probable that settlement will be required and the amount
of the obligation can be measured reliably.
(i)
Expenditure is reCO￿lSed on an accrual basis as a liability is incurred and includes
VAT, and has been cl&ssified under headings that aggregate all costs related to the
category.
Charitable expenditure comprtses those costs incurred by the charity in the delivery
of its activities and services.
(iii) Governance costs comprise all costs involving public accountability of the charity
and its compliance with regulations and good practice.
(ii)

Page 14
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 IIqARCH 2024 (continued)
Accounting policies (contd)
Trade debtors
Trade debtors are stated at original value less provision for doubtful debts. Bad debts are
written off when identified. Subsequently. they are measured at the cash or other fixed
consideration expected to be received.
Tangible r￿ed assets for use by Charity
The Charity has no fixed assets during the reporting period.
Rent
After the sale of the building in January 2022 CPP became the tenants of Brixton Hill Place,
and at the time of the preparation of these accounts they are still the tenant, until CPP find the
new premises.
No rent is paid by CPP for occupying the premises.
4 Staff costs, remuneration of key management personnel and trustees, remuneration
2024
2023
Employment costs
Staff costs during the year were as follows:
Wages and salaries
Employer's social security costs
Employer's pension costs
153,705 147,226
15,224
14,697
Total staff costs
173 641 165 931
Employee numbers
The average number of etnployees employed by Clapham Park Project
throughout the year was as follows:
No.
Management staff
Operating staff
There are no employees wÈth emoluments above £60,000 for the reporting period (2023: £NIL).
The key management personnel of the charity comprise the Chief Executive Officer.
Tru5tees' Remuneration
None of the trustees. received any remuneration or reclaimed any other expenses during
the reporting period. (2023: £NIL)

Page 15
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AfsD NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED
31 MARCH 2024 (eolltinued)
5 INCOMING RESOURCES
Unrestricted
Restricted
Total Funds Total Funds
2024
2023
(a) Activities for generating funds
Kids City
Rental income
Fundraising
Fun day contributions
CPP Management fees
8,333
1,809
600
300
2,826
2,826
5,427
5,427
9,253
9,253
12,042
Voluntary income-employment
Allowance
(b) Incoming resources from
charitable activities
Support and deliver specific project
for local community
Regeneration income
107 804
112 185
(c) Investment Income
Interest received
Interest receivable
45.853
45.853
27.564
4,672
Total incoming resources
£87670
195 474
156 337
6 Banks interest income
2024
2023
Interest received during the year
Interest receivable during the year
Total
45,853
4,672
2024
2023
7 Net outgoillgs for the year are stated after charging:
Independent examiner"s fees
8 Governance costs
Independent examiner's fees
Trustees, catering for meetings and travel costs
2,500
2,200
Total

Page 16
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
9 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Bank Over(traft
Accruals
1,137
7,751
24.753
750
Total
10 Creditors: amounts falling due after one year
Scottish Voluntary Sector Pension Scheme
Provision made in the year, derkved from Scottlsh Voluntary
Sector Pension Scheme 'on-lin¢-tool'
I l Debtors: amounts falling due within one year
2024
2023
Trade debtors
Interest due on deposits with Nat West maturable on 21.11.24
Other Debtors - HMRC
Advance to staff
Total
4,812
27,564
3,986
1,860
22,438
3,986
500
12 Cash and cash equivalents
2024
2023
Cash at bank and in hand
Treasury Reserve Deposit
Total
337,673
471,063
1700 000 1800 000
2 037 673 2.271063
13 Taxation
Clapham Park Project is a registered Charity No.1135137 with the benefit of exemption from
taxation granted to the Corporation Tax Act 2010. On the basis that the charitable company's
activities fall within their charitable purposes and their funds are applied only for these purposes.
no provision for corporation tax or capital gains tax is made. This includes use of fl￿dS for the
general administrative purposes of the charity.
14 Capital commitments
The charity had no commitments for capital expenditure at 31 March 2024 and the trustees
did not authorise any expenditure for capital commitments at that date (2023: £ NIL).
15 Related Parties
There are no transactions with related parties which require to be disclosed in the accounts.

Page 17
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
16 Events after the end of the reporting period
There have been no material events since the end of the reporting period.
17 Analysis of Net Assets between funds
Fund balances are represented by-
Unrestricted Designated Restricted
Total
Total
Current Assets
Creditors: amounts falling due
within one year
after more than one year
340,372 1,700,000
33,663
2,074,035 2,299,847
(33,641)
(33,641) (2,950)
Total Net Assets as at 31 March 2024 303 952
1700 000
2 037 615 2 278 424
Designated funds are unrestricted funds where the Tnjstees have resolved to set aside the funds for
the purchase of the new premises.
18 Statement of movements on reserves
2024
2023
Balance at l April 2023
Net (outgoing) resources
Scottish Voluntary Sector Pension Scheme:
Excess provision of past years reversed
Deficit contribution paid
Pension gain (loss) provision aTising in the year due to
reduction in pension deficit contribution
2,278,424 2,390,015
(256,503) (193,193)
157,937
(57,862)
15 694
Total balance carried-forward at 31 March 2024
2 037 615 2 278 424

Page 18
CLAPHANI PARK PROJECT
(COMPANY LITrIITED BY GUARAI¥TEE AND NOT HA￿NG SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
19 Movement in Funds
Details of funds held and movements during the current reporting period.
Restricted Funds
Grants which are received for specific projects are accounted for as restricted fLmds.
Incoming Outgoing Transfers
l April 2023 Resources Resources to Reserves 3 l March 2024
National Lottery
Over 50s
MTVH
CPP Bike Project- EIPS
LFN Grants
Agnes Riley Gardens
Oasis Children SV
CPP Youth Initiative
4,093
4,093
1.912
1,440
2,171
67,413
69,603
865
472
(1,271)
27,680
82
2,700
4,000
900
46.736
19,685
30
48,357
50.000
3,535
4,000
Total
107 804 148 380

Page 19
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
20 Unrestricted funds:
The purpose of the fund is to support and deliver projects for the local community.
Included within the charitable activities are the support costs of £288,889 (2023: £ 247,373)
Analysis and allocation of support Costs
2024
2023
Office and general running costs
Salaries and pension costs
Telephone & fax
Mobile
IT equipment
IT support services
Software subscriptions
Dues and subscriptions
Photocopying usage
Printing postage and stationery
Cleaning
Insurance
Marketinglpublicity
Miscellaneous expenses
Travel, substance and hospitality
Bank service charges
Training and development
Payroll costs
Repairs and maintenance
Premises security
Conference attendance and training
Fundraising costs
Other central costs
Bad debts
29,369
173,641
6,686
723
28,797
165,931
309
3,642
6,025
997
784
2,777
2,066
7,819
6,536
3,776
89
281
593
520
360
2,754
4,184
636
2,400
35,873
673
2,923
9,252
5,829
4,956
182
557
179
1,433
3,438
16,379
Total support costs
288 889
247 373
Charitable activities: Community Chest
Fun day
4,000
3,574
540
Total charitable activities
299 395
251487

Page 20
CLAPHAM PARK PROJECT
(COMPANY LIMrrED BY GUARANTEE AND NOT HAVING SHARE CAprrAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
21 PENSION SCHEME-Scottish Voluntary Sector Pension Scheme
Clapham Park Projcct participates in the Scottish Voluntary Sector Pension Scheme (the Scheme).
The Scheme is a multi-employer defined benefit (DB) pension Scheme.
The Scheme closed to future entry on 31 March 201 O. There is currently no intention to wind-up
the Scottish Voluntary Sector Pension Scheme and it continues in paid- up forni.
The Trustees of the Scheme commission an actuarial valuation of the Scheme every three years.
The main purpose of the valuation is to detemiine the financial position of the Scheme in order to
deterniine the level of future contributions required so that the Scheme can meet its pension
obligations as they fall due.
The ac￿arIal valuation assesses whether the Scheme's assets at the valuation date are likely to be
sufficient to pay the pension benefits accrued by members as at the valuation date. Asset values are
calculated by reference to market values. Accrued pension benefits are valued by discounting
expected future benefits payments using a discount rate calculated by reference to the expected
future investment returns. The rules of the Plan give the Trustees the power to require
employers to additional pay contributions in order to ensure that the statutory funding objective
under the Pensions Act 2004 is met.
The statutory funding objective is that a pension scheme should have sufficient assets to meet its
past service liabilities, known as technical provisions.
If the actuarial valuation reveals a deficit. the Trustees will agree a recovery plan to eliminate the
deficit over a specified period of time either by way of additional contributions from
employers, investment returns or a combination of these.
It is not possible in the nornial course of events to identify on a consistent and reasonable basis
the share of underlying assets and liabilities belonging to individual participating employers.
This is because the scheme is a multi-employer scheme where the scheme assets are
co-mingled for investment pury)oses and benefits are paid from total scheme assets. Accordingly,
due to the nature of the Scheme, the accounting charge for the period under FRS 17
represents the employer contribution payable.
Following a change in legislation in September 2005 there is a potential debt on the employer
that could be levied by the Trustees of the scheme. The debt is due in the event of the
employer becoming insolvent or ceasing to participate in the Scheme, or the Scheme
winding up. The debt of the scheme as a whole is calculated by comparing the liabilities for the
Scheme (calculated on a buyout basis i.e. the Scheme Actuary s estimate of the cost of securing
benefits by purchasing annuity policies from an insurer, plus an allowance for expenses) with
the assets of the Scheme. If the liabilities exceed assets there is a buy-out debt.
The leaving employer s share of the buy-out debt is the proportion of the Scheme's liability to
employment with the leaving employer compared to the total amount of the Scheme's liabilities.
Therefor¢, the leaving employer s debt includes a share of any ' Orphan liabilities in respect
of previously participating employers. -Orphan' liabilities are the defeTred and pension liabilities
of members previously employed by employers that have ceased to participate in the Scheme.

Page21
CLAPHAM PARK PROJECT
(COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024 (continued)
21 PENSION SCHEME-Scottish Voluntary Sector Pension Scheme (continued)
The amount of the debt therefore depends on many factors including total Scheme liabilities.
Scheme investment perforniance, the liabilities in respect of cu￿ent and fonner employees
of the employer, the level of 'orphan' liabilities, fjnancial conditions at the time of the
employer's withdrnwal of the scheme and the insurers buy-out Market. The amount of debt can .
therefore be volatile over time.
Where the scheme is in deficit and where the charity and company has agreed to a deficit ￿lldIng
arrangement the charity recognised a liability for this obligation. The amount recognised is
the net present value of the deficit reduction contributions payable under the agreement that relates
to the deficit.
The present value is calculated using the discount rate of 4.900/0 as at 31 March 2024: (2023: 5.40 %
p.a.).
The charity has recognised a liability of (£2,779) as at 31 March 2024 (2023: £18,473) as the
present value of the contributions payable that arise from the deficit recovery agreement.
These projected figures are derived from Scottish Voluntary Sector Pension Scheme 'on-line-tool'.
Mr Angus Johnson is currently on the board of 'the Employer Consultative Group, which scrutinises
the decisions made in connection with this pension scheme.