CHARITY REGISTRATION NUMBER 1137168
Brockwell Park Management Advisory Committee
Financial Statements For The Year Ended 31 March 2024
Raywin P-Cole & Co Ltd Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
Brockwell Park Management Advisory Committee
Financial Statements For The Year Ended 31 March 2024
Contents
| Page | |
|---|---|
| Reference and administrative details | 1 |
| Trustees report | 2 - 3 |
| Chartered Accountants' report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the accounts | 7 - 8 |
Brockwell Park Management Advisory Committee Reference and adminstrative details For the year ended 31 March 2024
Status The charity is constituted as an unincorporated body Governing document The charity is established under a model trust constitution Charity registration 1137168 Principal address 87 Rosendale Road London SE21 8EZ Trustees Dr Ann Kingsbury Derek Hoare Paul McGlone Bankers Santander Business Banking Operations Sunderland, SR43 4FW
Independent examiner Raywin P-Cole & Co Ltd Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road West Norwood London SE27 0EE
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Brockwell Park Management Advisory Committee
Trustees report for the year ended 31 March 2024
The Trustees present their report with the accounts for the year ended 31 March 2024 which are set out on the annexed pages.
Objectives and Policies
The Objectives of the Charity are to:
The Brockwell Park MAC is established for the public benefit in the area known as Brockwell Park, located in the London SE24 postal district (hereinafter referred to as 'The Area of Benefit') for the following charitable purpose: To preserve, conserve, maintain, enhance and promote the area of benefit's natural beauty, heritage and ecology, whilst achieving a balance between the needs and wishes of its users and the local authority that owns and manages it in accordance with the requirements set out in the vision statement.
Review of past activities & future developments
There can be no doubt that this year has been dominated by two issues: the Brockwell Hall Restoration Project and the increasing pressure from the Council to earn money from commercial events in the park.
BROCKWELL HALL
The Hall Restoration project has been progressing steadily, following the stuttering start that we experienced with the building of the new Norwood Depot, a critical step in the pathway. At present it is expected that the Hall will be ready for re-opening at the end of this year, 2024.
For a while, the future of the Stable Block was uncertain. Building costs rose dramatically following the pandemic and some aspects of the programme had to be suspended for a time while additional funding was obtained from the National Lottery Heritage Fund (NLHF). This was not an unusual situation. Many NLHF projects, nation-wide had reported similar problems, which were compounded by interest rate rises. Fortunately, the Lottery decided to protect their existing investments and were willing to look at additional funding to enable work to be completed. Thus, the plans for the Stable Block were picked up again and the ground floor will be commissioned as offices for Lambeth Landscape staff. These increased costs have involved Lambeth in finding considerable extra funds and we are grateful to them for their commitment to the restoration.
Similarly, we applaud their commitment to partnership working. This project began in 2014 but has been maintained through two changes of Council at the same level. We would like to think that this is an example that could and should be followed in other councils.
Currently the involvement of BPCP in the Hall plans is on the Interpretation Package - information that will be presented to visitors to the Hall about its history and that of the park. Aside from displaying the Bristow bust and possibly the mechanism of the Tritton Clock, all other information will be in digital or photographic form. We are happy to report that the newly restored Stable Yard will be accessible from both sides and that the rediscovered Georgian ice-house, which will be under the floor of the new events building, will have a glass viewing panel. It is hoped that with public access to an online database, a community archive of the park can be built up.
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Brockwell Park Management Advisory Committee
Trustees report for the year ended 31 March 2024
Review of past activities & future developments continued
COMMERCIAL EVENTS
Where the relationship with Lambeth has not been so easy is in the question of commercial events in our park. A couple of years ago we had the beginnings of an agreement for a five-year strategy for events. There were aspects of it that the BPCP was very uneasy about - a winter light trail in the park, for instance, but broadly we believed we had agreed to a scheme where the park would host major commercial events for a month in MayJune and that it would be free for public use and fully open during the summer holidays. This agreement was breached in 2023 when Lambeth decided to allow the Pokémon Go event in July. There was a absence of transparency in how the Council presented this event and in gaining a licence for it, yet despite our very grave doubts and lack of control of attendance numbers, it went ahead. Its impact on the park and park users was significant. It was a very large event, and it did a lot of damage which is yet to be repaired. Regrettably, Brockwell Park gained only £12,000 of Park Improvement Levy (PIL).
Since then, a new 5-year strategy has been drawn up. Only very limited consultation has been allowed and, as members will know, we have been unable to circulate it formally for consultation. Ominously, the reason given is that senior officers and the Cabinet member are worried that it may be "too restrictive” on events.
Some years ago, the Friends of Brockwell Park, along with the former Mayor, Rudy Daley, raised the money to repair and put the Tritton clock back into service. It was decided to retain the old mechanism, rather than put in an electronic one and for a few years, the clock was wound regularly, and it worked. Sadly, the mechanism eventually failed, and the clock has not worked for some time. Earlier this year, we agreed that PIL money could be used for its repair. The total cost, to take it away and have it repaired, will be around £100k. It will also need a power supply run out from the Hall. We are waiting for final arrangements to be made for its dismantling and transport to Derby.
BIODIVERSITY
This year the “Great Hedge of Brockwell” has been the focus of our biodiversity attention. Using PIL money and a small grant from Council for the Preservation of Rural England (CPRE) London we have commissioned the Trust for Conservation Volunteers (TCV) to work on it and some 200m of the hedge have been “gapped up” repaired and layed. This has involved 41 workdays supervised by Richard Jedrzejczak and a total of 270 volunteers. There is keen interest both locally and further afield in London, in learning how to “lay” a hedge.
Further rewilding of the park is planned by Lambeth Landscapes, including some planting and creation of a seasonal pond in what is known as the North Meadow. This is being masterminded by Helen Firminger. In addition to that, Susy Hogarth, BPCP's Biodiversity Lead, has plans for the small pond at the bottom of the cascades where there is already a thriving population of frogs and newts. Alex Draper, a volunteer co-ordinator and Frog-Life representative, will be working with us on that.
Warmest thanks to all my colleagues on the Brockwell Park MAC EC, Derek, Paul, and Richard for their support and all their work for keeping the organisation functioning. I am also indebted to our co-optees, Nikiaisha, Peter and Susy for their commitment.
Ann Kingsbury Chair of Trustees, Brockwell Park MAC
Financial policies are in place to ensure the prevention and detection of fraud and other irregularities.
The board of trustees receive regular financial reports to enable them to monitor the charity's income and expenditure thus keeping them up to date with the Trust's financial position.
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Brockwell Park Management Advisory Committee
Independent Examiner's Report to the Trustees and Members
We report on the accounts of the Trust for the year ended 31 March 2024 which are set out on the annexed pages.
Respective Responsibilities of the Trustees and Examiner
The Trustees of the Charity are responsible for the preparation of the accounts; and consider that the audit requirement of section 144(2) of the Charities Act 2011 does not apply and that an independent examination is needed. It is our responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures specified in general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act, and
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to state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention:
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1) Which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act;
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and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met;
or
- 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
29 January 2025
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Brockwell Park Management Advisory Committee Statement of Financial Activities for the year ended 31 March 2024
| Unrestricted Restricted Notes Funds Funds 2024 £ £ £ Incoming Resources Donations Biodiversity 11 11 Cricket Pitch Project - - Other Donations 450 450 461 - 461 Cricket Pitch Project 31,995 31,995 Rewilding Project (CPRE Hedge Project) 1,525 1,525 1,525 31,995 33,520 Fundraising activities Lambeth Country Show - - Sales & Other Merchandise 70 70 70 - 70 Investment income Bank interest 198 198 198 - 198 Bank Compensation and Charities Trust 41 41 41 - 41 Total Incoming Resources 1 2,295 31,995 34,290 Resources Expended Charitable activities BPCP Merchandise - - Biodiversity project (TVC/Summer Events Lt - - Music Events - - LBL Changing Lives Fund - Cricket Pitch Project 36,225 36,225 Event Insurance - - Norwood Lodge - - Website 101 101 101 36,225 36,326 Governance costs Accountancy 400 - 400 400 - 400 Total Resources Expended 1 501 36,225 36,726 Net (outgoing)/incoming resources 1,794 (4,230) (2,436) Transfers between funds - - - Net movement in funds 1,794 (4,230) (2,436) 26,077 2,798 28,875 27,871 (1,432) 26,439 Total funds brought forward Total funds carried forward |
2023 £ - 5,938 3,099 |
|---|---|
| 9,037 | |
| - - |
|
| - | |
| 40 - |
|
| 40 | |
| 39 | |
| 39 | |
| - | |
| - | |
| 9,116 | |
| 681 3,768 325 - 363 167 84 |
|
| 5,388 | |
| - | |
| - | |
| 5,388 | |
| 3,728 - |
|
| 3,728 25,147 |
|
| 28,875 |
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Brockwell Park Management Advisory Committee Balance Sheet as at 31 March 2024
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 2 Net current assets Net assets Funds of the charity Unrestricted funds Restricted funds Total funds |
2024 £ 26,839 (400) 26,439 26,439 27,871 (1,432) 26,439 |
28,875 | 2023 £ 28,875 |
|---|---|---|---|
| - | |||
| 28,875 | |||
| 26,077 2,798 |
|||
| 28,875 |
These financial statements were approved by the Trustees on 30 April 2024 & signed on their behalf by:
Paul McGlone Trustee & Treasurer
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Brockwell Park Management Advisory Committee Notes to the Accounts for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities and Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities".
Incoming resources
Unrestricted Income comprises donations and is recognised on receipt basis. Restricted Income relates to donations raised for specific purposes and is recognised on receipt basis. However, the donors have agreed that that once the primary purpose has been satisfied, any surplus funds remaining will be used for the running of the Charity's ordinary activities.
Resources Expended
Charitable Activities
These comprise all expenditure directly relating to the objects of the Charity. Support costs are an integral part of the expenses incurred in carrying out those charitable activities, which the Charity was established to perform.
Governance Costs
Governance costs comprise the costs of running the charity, including strategic planning for its future development, also includes accountancy & legal fees and all costs relating to consnstitutional and statutory compliance.
Rent & Rates
The charity does not own any property & also not entered into any lease or rental agreement.
| 2 | Creditors: amounts falling due within one year | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Accountancy | 400 | - |
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Brockwell Park Management Advisory Committee Notes to the Accounts for the year ended 31 March 2024
3 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Current assets Cash at bank and in hand Creditors: amounts falling due after one year At 31 March 2024 |
Unrestricted Funds £ - 26,839 26,839 (400) 26,439 |
Restricted Funds £ - - - - - |
Total £ - 26,839 |
| 26,839 (400) |
|||
| 26,439 |
4 Personnel costs
No remuneration was paid to any of the trustees and their expenses also not borne by the Trust.
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