2022-03-31-accounts

CONTENTS
			Page
Reference and Administrative		details	3.
Trustees' Annual Report			4 to 11
Independent Auditor's	Report		12to 14
Statement of Financial	Activities		15
Balance Sheet			16
Cash Flow Statement			17
.Notes to the Financial	Statements		18to 27

			Restricted	Unrestricted
			Total	Total		Total		Total
			2022	2022		2022		2021
		Note		F		E		E
Income from
Donations and legacies		2	75,451	88315	'	163766		63,707,
Charitable activities		3.		315,550		315,550		308,199 .
Other trading activities		4		99,377		99,377		48,306
Investment income				6,153		6,153		11,003
Total income			75,451	509,395		584,846		431,215
Expenditure on
Raising funds		5		16,532		16,532		28,996
Charitable activities		6		386,056		386,056		254,894
Other		7		95,813		95,813	'	83,136
Total expenditure				498,401		498,401		367,026
Net income for the year			75,451	10,994		' 86,445		64,189
Reconciliation offunds
Fund balances brought	forward		75,000	1,434,570		1,509,570		1,445,381
Fund balances carried	forward	19	150,451	1,445,564		1,596,015		1,509,570

					Jubilee	Gardens Trust	Gardens Trust
				(a	company	limited	by guarantee)
				Balance Sheet		as at 31st March 2022
				Note		2022		2021
Fixed Assets
Plant 8 Equipment				13			174,853		'110,581
Current Assets
Debtors				14	236,438			160,851
Current asset		investment		15	1,219,823			697,101
Cash at bank		and	in hand		39,304			652,426
Total Assets					1,495,565			1,510,378
Liabilities,
Creditors: amounts			falling
due within one year				16	(74,403)			(111,389)
Net Current		Assets				1,421,162			1,389,989
Net Assets						1,596,015			1,509,570
Unrestricted		Funds
Unrestricted	funds			19		1,445,564			1,434,570
Restricted funds				19			150,451		75,000
						1,596,015			1,509,570

					Statement	ofCash Flows'
					For the year ended 31 March 2022
					Note	2022		2021
	Cash flows from
	operating activities
	Net cash provided by
	operating activities				23	(6,556)			105,998
	Cash flows from
	investing activities
.	Dividends and interest	from			6,153		11,003
	investments and bank
	Purchase of property,	plant		and	,(89,997)
	equipment
	Net cash provided by					(83,844)			11,003
	financing activities
	Change in cash and cash
	equivalents in the reporting			period		(90,400)			117,001
	Cash and cash e'quivalents			at the
	beginning of reporting		period			1,349,527			1,232,526
	Cash and cash equivalents			at the
	end ofthe reporting		period			1,259,127			1,349,527
	Cash at bank and in hand					39,304			652,426
	Investments					1,219,823			697,101
						1,259,127			1,349,527

may differ from	may differ from	these	estimates.
The estimates		and	underlying	assumptions are		reviewed on an			ongoing basis.		Revisions t'o
accounting	estimates		are recognised		in the period	which the estimate			is	revised where	the revision
affects only	that	period, or in the		period ofthe revision			and	future periods		where the revision affects
both current	and	future periods.
The directors do not			believe there are any key judgements					or estimates.
Donations	and	Legacies
					Restricted	Unrestricted
					Total			Total		Total	Total
					2022			. 2022		2022	2021
								E		E
Subscriptions		received						63,315		63,315	' 63,385
Donations					75,451			25,000		100,451	322
					75,451			88,315		163,766	63,707

aritable	acti	vities
			Restricted	Unrestncted
			Total	Total	Total	Total
			2022	2022	2022	2021
			E	E
Landlord	contribution			65,318	65,318	64,037
Management		and
maintenance		contribution		250,232	250,232	244,162
				,315,550	315,550	308,199

her Trading Activities
	Restricted	Unrestricted
	Total	Total	Total	Total
	2022	2022	2022	2021
	E	E		E
Income from concessions		99,377	99,377	47,896
Other income		6,153	6,153	410
		105,530	105,530	48,306

ising Fund	s
		Restricted	Unrestricted
		Total	Total	Total	-Total
		2022	2022 E	2022 E	2021f
Contactless	Fundraising		7,524	7,524	21,565
Support costs (Note 8)			9,008	9,008	7,431
			16,532	16,532	28,996'

			Restricted	Unrestricted
			Total	Total	Total	Total
			2022	2022	2022	2021
				E	E
Management	and Maintenance
Garden maintenance		and upkeep		250,968	250,968	165,030
Water rates				17,576	17,576	(5,638)
Security costs				45,'726	45,726	26,875
Electricity costs				6,977	6;977	8,737
Health and Safety				5	5	233
Support costs	(Note	8)		64,804	64,804	59,656
				386,056	386,056	254,894

Other Cos	ts
				Restricted	Unrestricted
				Total	Total	Total	Total
				' 2022	2022	2022	2021
				E		E	F
Audit Fees/Independent		Examiner's	fee		8,295	8,295	3,525
Depreciation	and disposal				25,725	25,725	14,935
Consultancy					4,151	4,151	21,866
Legal and Professional					11,351	11,351	1,060
Insurance					9,152	9,152	9,979
Support Cost	(note 8)				27,890	27,890	26,780
Covid-19 costs					. 406	406	4,991
Marketing					8,703	8,703
Website Costs					140	140
					95,813	95,813	83,136

upport Costs
			Basis of	Raising	Charitable
			Allocation	Funds	Activities	Other	Total
		1 ~		E		F'	F
Management	and
administration			Staff time	7,121	62,827	27,475	97,423
General costs			Staff-time	1,524	1,247		2,771
IT support costs			Staff time	104	519	415	1,038
Bank charges			Staff time	259	211		470
				9,008	64,804	27,890	101,702

Net Inc	ome for the Y	ear
			2022	2021
			F	F
This is stated after charging:
Garden	contract		86,445	142,391
Auditors'	remuneration	- audit fees	7,800

13.	'	Tangible Fixed	Asse	ts
					Plant &
					Equipment
		Cost
		At 1 April 2021			146,356
		Additions			'89,997
		Disposals			15,842
		At 31 March 2022			220,511
		Depreciation
		At 1 April 2021			35,775
		Charge for the	year		14,635
		Eliminated on disposal			(4,752)
		At 31 March 2022			45,658
		Carrying amount
		At 31 March 2022			174,853
		At 31 March 2021			110,581
14.	'	Debtors
					2022	2021
					E
		Trade debtors			221,630	66,125
		Accrued income			649	94,726
		VAT debtor			14,159
					236,438	160,851
15.		Current Asset Investment
					2022	2021
					E	E
		Cash equivalents	on	deposit	1,219,823	697,101
16.		Creditors: amounts		falling due within one year
					2022	2021
					F
		Trade creditors				53,467
		Other creditors				6,000
		Accruals				42,797
		VAT creditor				9,125
					74,403	111,389

Jubilee Gardens Trusl la company limited ty guarantee) 25

		2022	2021
			E
Less than	1 year	255,646	174,356
Between 2 and 5 years

Funds
				Opening				Closing
				Balance	Income	Expenses	Transfer	Balance
				E				E
Unrestricted
General				273,724	509,395	(498,401)	(58,977)	225,741
Designated		- Sinking	Fund	1,160,846			58,977	1,219,823
Restricted	-.	Sinking	fund	75,000	75,451			150,451
				'1,509,570	584,846	(498,401)		1,596,015

				Opening				Closing
				Balance	Income	Expenses	Transfer	Balance
				E	f.	E	E
Unrestricted
General				209,535	431,215	(367,026)		273,724
Designated —Sinking		Fund		1,160,846				1,160,846
Restricted-Sinking	fund		' .	75,000				75,000
				1,445,381	431,215	(367,026)		1,509,570

									Fixed	Fixed	Fixed	Fixed				Current			Current	Current	Current		Net
									Assetf				Cash f			Assets f		Liabilities f					Assetsf
		Unrestricted
		General fund							174,853				39,304			85,987			(74,403)				225,741
		Designated —Sinking			Fund											1,219,823							1,219,823
		Restricted —sinking		funds												150,451							150,451'
									174,853				39,304			1,456,261	'		(74,403)				1,596,015
nalysis		of Net Assets Between Funds							for the	year ended				31 March 2021
								Fixed							Current,			Current					Net
							Asset						Cash		Assets			Liabilities					Assets
									f				f			f				f			f
Unrestricted
General		fund					110,581					188,681			85,851			(111,389)					273,724
Designated —Sinking			Fund									463,745			697,101								1,160,846
Restricted-siriking funds															75 000								75 000
							110,581					652,426			857,952			(111,389)					1,509,570
1.	Related Party		Transactions
	Five of the Trustees			of	Jubilee			Gardens		Trust			are also		the	Directors of South Bank							Employers'
	Group who are		closely	involved			with the management							and administration				ofJubilee			Gardens Trust.
	During the year Jubilee Gardens Trust incurred expenditure totalling f157,305 (2021 - f86,950 with South Bank Employers Group with f26,743.(2021, -'f27, 787) being due at the year end.
	Related party		transactions			were			incurred			with	the	following		organisations				each		of which are
	represented by		a member on the						Board of		Directors.
								Income Year to					Debtor 'at			Income Year to					Debtor at
							31 March						31 March			31 March			'	31		March
									2022				2022			2021						2021
									f									f
		South Bank Centre '							86,318							85,037
		Shell UK Ltd							46,000		.					46,000
		Merlin Entertainments
		Braeburn Estates							91,221				70,221			90,129						21,000
		Coin Street																25
									223,539				70,221			221,191						21,000

Reconciliation of	C	onsolidated Net	Income to Net Cash	Flow from Operating	Activities
				2022	2021
				'F
Net income/deficit	for the reporting		period	86,445	64,189
Adjustments for:
Depreciation charges				14,635	14,934
Loss on disposal of	fixed assets			11,090
Dividends and interest from investments			and bank	(6,153)	(11,003)
(Increase) / decrease		in debtors		(75,587)	(26,866)
Increase/(Decrease)		in creditors		(36,986)	64,744
				(6,556)	105,998