REGISTERED COMPANY NUMBER= 08727642 (England and Wale81 REGISTERED CHARITY NUMBER: 1156930 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR TO 31 MARCH 2022 FOR WIMBLEt)ON PARK COMMUNITY TRUST
WIMBLEDON PARK COMMUNITY TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 MARCH 2022 Page Report of the Trustees Ind8p8ndent Examiners R8POrt Slalement of Finan¢ial A(Jivities Balance Sheet Notes lo the Fingw81 Statements 7108 D&lalled Statement of Finonoal ActM15
WIMBLEDON PARK COMMUNITY TRUST REPORT OF THE TRUSTEES FOR THE Y&4R TO 31 MARCH 2022 The Iruslees, who are also director5 of the charity fr)r the purposes of the Companies Ac 20C6, present their port th the financial statements of the charity for the year to 31 M81th 2022 The ITLL%tees have 8dopted thè provisions ol the Statement ol Recommanded Praclice IS0RPI'Acuntsng and Repoitin9 by Charib"es' issued in MaTth 2005. INCORPORATION The charitable company was incorporated on 10 O¢tober 2013. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08727642 (England and Wale81 Regi¥t8r•d Charity number 1156930 Règlster8d office 56 Home P8rk Road mbledon Pat London SW19 7HN Tnffjte88 MrCTDaws Mr S Hussein Mr N B1sr8el Mr P 8 Moda818 MrlRScott Mr I C Sirnpson M8 L J C Taylor Mr D C W8lklns Retired Accountsnl Mineralogi8t Phamacisl Retirèd Indèpendenl ProFety Agent Retired Af¢hitect -appointed 24m4119 -appointed 10110113 -appointed 29104120 -appoinled 10110113 -appoint8d 10110113 .8ppointed 10110113 .appoinied 10110113 -8ppointecJ 10110113 Company Socretary MrlRScott Ind•pend¢nt èxaminr Philip Sadl•r FCCA, AICE Ledgeland 17 Si Margaret's Road St M8rgarel's Bay Kent CT156EQ STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documant The ch8rily 15 controlled by its govgmirrfJ d{Ument, the Memorandurn 8n¢J Artkl85 ol A*GI110n. and 18 conBttlu¢?d as a company limited by guarantee as defined by the Companies Acl 20(. Rlsk monagemont The trustees havg a duty to identrfy and review the risks io which the charity Is exposed and to ensu appropriate Controls are in place to provide rea80nable #ssuranctr against fraud and error. OBJECTIVES AND ACTIVITIES Objectives and aims Thè objective ol Ihe charily 15 the prowsion of faalities in Wmbledon Park and the neighbourin9 area in the inter85ts of social welfare, for recreation and leisure time cmjpation. Significant activiti The charity ¢urrenlly holds the18ase of the ground Ikw of 170 Arthur Road which comprises Ime WffltrAed Park Hall and café. The hall is avail¥ble for by I¢x31 organisations and indKviduais. The café opered on 27th October 2014 as Arthurfs Café. The hall and ¢8fé are manage<l as a seff-sustsining community f8¢ilty wrth the objective of servin9 the de-rallgng need3 ofthe local ccfflmunity.
WIMBLEDON PARK COMMUNITY TRUST REPORT OF THE TRUSTEES FOR THE YEAR TO 31 MARCH 2022 OBJECTIVES AND ACTIVITIES Publlc benefit In planning the activitiès of the ch8nty the trustees have referred to the gUIdar Issued by thè Charity Cornmission vrilh regard to public benefit. In particulaf the trusltres w)sbYer hwi planned adivrf]"es wll ccnlribute to the 8ims and objective8 of the charity. FINANCIAL REVIEW Rosatves policy The charilable company's regular 1me from hall and café renlal needs to at lea51 Cover the normal annual exp8ndilure. The trustees consider rt pnjdenl to mainlain in reserve, from ino)me surplu5e$. an amount èquivalent to one yaarfs operating Income against any interruption to the continued operatson. In addibon. in order to meet any extraordinary expenditu relating to the propety, iogelher wth any repairs. rerlationS ol a cyc1i¢al nalure and any improvements. a further amount should be k¢pl in reseNe. Any funds which are ctjnsidered to ex¢eed Ihis level ol r•seNes can be expended in 8eeordarKe wlh the aims of th• chaflty. Inve8tsnent pollcy Under the Articles of A880c4alRJn. the tharity ha8 the rrner to invest in Any way the tru8tee8 think fit, in conlundlon with ils r¢8erve poliae8. Thè tnJslee5 have invested an appropriate proportion of retained funds in longer term nvestments. These are CCLA COIF Ch8ribes Investment Fund. ac¢umulaiJon units and Blackr¢y Charish8re Common Inve8lmnt Fund Atcumulation unts. The balance ol funds is maintsined In bank current or deposit accounts. Confllets of Interest and ¢onnicts of loyalty A (arily Iruslee must.. a) dedare the natur8 and extent of any interest. direct or Indirect. which he or she has in a proposed Iransad'on or arrangemènt wrth the Trust or in any trans8(aion ¢y arranrnnt entered into by the Trust vthich ha8 not prevlousty been dedared." and bl absent Ihgmselves from any discussions of the ¢h8rity trustegs in whi¢h il is posstbl• that a conflict of interest wi11 arise between their duty lo acl solely in the Interests of Ihe Trust and any personal interest linduding tsjt not limitgd lo any financial interesll. cl Any charity trustee absenting hims&M or herself from any ¢jiSsIonS in aco)rdanu wfth th58 cl8use mu81 not vote or be counted a8 Part of the quorum in any deusion ol the chanty Iwstees on Ihg matter. R18k Manogèment polley The UK Corporate Govèrnance Code slates Ihal Ihe board is Te3pon$ble for detsrmSnlng th• natu and extent of signifi¢8nl rioks it 1$ williThJ lo take in ddNenng rts strategicobJecaiv&$.' The risk management policy ol the Trust lo exercise ils judgement through the board lo maximise th& Income generated by the actiVe6 whilst 81 the Same limo controlling the inherent nsks by ensuring the heath and 58f¢ty of all those who use tho hall facilities on 8 daily basis This is rnanaged by a range ol embedded prc£eduTe3 undertakerb by truslee$ and projfess reviews at regular meellng8 of the Trust. The Tru6t endèavours lo ensure that 811 legal and cornpliancg regulalions are up to date and regular 8eNiung ol fir protection 8nd securrty devKas is underlaken to protect those involved in those activitieB. In addrtion. insurance 18 in plac• for nonmal contingenrye$ 1151 the trustees consider they have Klentified tre major risks lo which Ihe thantable company is exposed. in parlicular lo ihe fabn¢ of the leasehold premises. and are satisfied tral syslem5 ar¢ In piaco to fl these rfsK¥, Ilw o)nllnuo to c(¥)8•r way$ in whith the idanlifiG8tion, assessment, managernent and rnoniloring ol risks can be Improv1. prtnclpal fundlng sour¢ 11 is the intention that the hall and ¢afé should bo sell-funding, ¥ny surplu$ lunds gen6r8ted lo ba apF4ied In accordance wilh the charita& obiects ol the company. Trading and Improvements Hall bookings this year were much improved from the previous year. which wefe badly affected by the effeds of COVIO. There has been a similar gradual improvement with the calé Irading Theielofe overall incomg was rnor8 in line th pre Covid trading. Also the Trusl did neffit from Govemmenl granls that were rnade available. In the opinion of the trustees, the rem8iniThJ re58rves, induding easity wssiblg investmènts, are sufficient for the Tiust to continuè as a going concern the foreSeeae ftjlure and cèrtainty for well in excess of the next iwelve months.
WIMBLEDON PARK COMMUNITY TRUST REPORT OF THE TRUSTEES FOR THE YEAR TO 31 MARCH 2022 Grants During the year a number of grantsldonations were apwoved. by the trustees. totalling nearfy £14.000. They included the followng.. Unique Talent, Brooklands Aibtmènts, Wimb1n Park Residents. AssocAation and a 8ecJ)nd table tennis tsble for Wimbledon Park. The tru8tees belleve that the actlvbtles of th• Tt signillGanUy benollt tho physl¢al and mental wo11 belng of the local ¢ommunlty Dala Prote¢Uon Under the Oala Protection Act 1996 8nd the GDPR Regulations effective from 25th May 2018, we are requlred to explain how we deal with any personal data that we Colled in the prttess of operating the Trust. A Privacy Statement explaining this can b8 found on the websrte of Ihe Wmbledon Path Re$idents' Assoualion under Ihe dètails of the Trust. STATEMENT OF TRUSTEES. RESPONSIBIUTIES The trustees Iwho are al80 the direclors of Wmbledon pa Communrty Twsl for thè purposes ol company lawl are responsible lor preparing the Report of the Trustees and ttr finanual statements in accordance with applicable law and United Kingdom Accounbng Standard8 IUnTted "ngdoM Generally AfX8Pt¢d AUntIng Practic81. Cornpany law requires the trustees to prepare finanoal ststements for eath financial year which give a true and fair view of the slate of affair5 of the charilatle company and of the In¢Ing $Our¢¢$ and application of resources. induding the income and expenditure. ol the ch81ilable Company for that period. In preparing those finan¢o1 statements, the trustees are required lo select suitable COuntIng polo8s and then apply them consi8lenty" observe the methods and principles Sn the Charity SORP., maka judgements and estimates Ihal are reasonable and pn1., prepare the fin4n¢ki1 $tatements on the going ccfflcwn b8.8 unle88 il 1$ Inappropriate to presume that the ch8ri18ble company will continue in business. The Iru318ts8 a SpOnsible for keeping proper accounllng rèwd8 vA)lth dlsdo$8 Wth reg$on8bk8 accur8¢y 818W lirne the financial posrtion of Ihe charrtable CLJmpany and to enable Ihem to 8nsur6 that the financial 5181Èrn8nt$ comply with the Companies A¢1 20(. They are also responsible lor $8feguardirKJ the assets of the charitable company and hence for taking Igasonable steps for the prevention and d*tecb"on ol fraud and other irregularities. The INslees a r&sponsibl& for the maintenance and integrty of th¢ ¢typorate gnd flnandal inforrnabon induded ¢)n the charil8Ne comp8ny'$ websitg. Approved by ordeT of Ihe board of trust$ on ............. .. . n It$ half by.. Mr I C Simpson- Twsl¥g
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIMBLEDON PARK COMMUNITY TRUST I report on the CoUnt5 for the year to 31 March 2022 sèt out on pages fourto seven. Respgdlv8 responsibilit1¢$ of trustw and examlner The tharity's trustees (who are also the directors for the pu(poses of company law) are fespon3ibla for thè preparali¢)n of the a¢Unt8. Thè charty's tmstees c$#er thal an au¢Jrt is not required for this period (under Section 144121 of the Chaiilies A(12011 (the 2011 Act) and that an independént examinats'on is required. Having satisfied mysew that the charty is not subject to audit urKler c(Jmpany law and 15 eligible for independent exarninalion. it is my respon5ibilty lo.. examine th8 aUnIS undeT Sedion 145 of the 2011 ACL t¢ follow the procedure$ laid down in the General Diieclions given by the ChaTty Commis8ion (under Section 1451Sllbl of th8 2011 Act). and to Stale Wther parbcular m8tteTS have ccne lo my attent. Ba$ls of the Indopendent examin¥r's rnport My examination was carrd out in accordance wrth the General Difecbons given by the Charity Commission. An examination includes a rwiew ol the accounling records kept by the charity and 8 MpariSON ol the a¢counts presented with those records. 11 also includes consideration ol any unusual itèms or disdosures in the 8c¢ounts. and seeking explanations from you as Iru$lee5 cx)nceming any such matters. Thè procedures undertaken do not provide all th8 evidence that would be required in an and consequently no op1fin is given as to whether the acLounls present a'irue and fair vitr4' and the report 18 limrted to Ihosg matters set out in the statement8 below. In(lependfrnt oxamln•rf• stst¢m•nt In connection with my examination, M matter has come to my att¥ntion'. {11 whith gfve$ m8 reason8ble cause to bdievg that. in any material resp•cl. ihe mquirn6ftts lo keep ac¢ounting r•¢ords in 8ccordan¢a with S•¢th)n 386 gnd 387 ofthe C¢Jnpanie8 Act 2006,, and lo propare accounts whKh accord with Ihe accoufits'ng records. compty vmih the accounb.ng requirgmenls 01 Sedions 394 and 395 of the Companies A¢t 2C(6 and wth the lhod$ and princie8 ol the Statement ef Re¢ommende<l Practice.. Accounting and Reporkn'ng by Chaiitse8 have tKI been mgt., or 12) lo which. In my opinlon, attenllon shoLld be drawn in ordgr to en8bie a propgr un¢J*rstandin9 of the 8¢counts lo be regched. Signed Philip Sadler FCCA D81e".
WIMBLEDON PARK COMMUNITY TRUST STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR TO 31 MARCH 2022 Unreslncted fijnd 3113122 Unrestrfcted fund 3113r21 Notes INCOMING RESOURCES Incomlng resource$ from goneratod funds AclNthe$ for generabng lund$ 41.680 11,445 Gr8nts 6,912 16.193 48,592 27,638 Unrealised appreo8tion of Investmts 6,985 12,824 Totsl Iwming resources 55,STI 40,462 RESOURCES EXPENDED Charltsbl$ actlvltles Direct charitable a¢b¥rtS Operotions Grants 25,487 13,9CQ 12,498 33.130 Total resource8 expended 39,387 45,628 NET INCOMING RESOURCES Fund ot 31 March 2021 16.1S¥J 170.809 {5.1881 175,975 TOTAL FUNDS CARRIED FORWARD 186.999 170.809 CONTINUING OPERATIONS All incfming resources and re8ourc¢$ exFen¢Jed artse from conllnuing xlNities The re$ fo part ofthese finanaal statements
WIMBLEDON PARK COMMUNITY TRUST BALANCE SHEET AT 31 MARCH 2022 Unre5trid&Y nd 3113r22 Vnrestrided Ivnd 3113121 Notes FIXED ASSETS AV •qulpm•nt ¢ost £8.510 1,702 3.404 D•prnclatlan 20% {strdlght line 11.702) 11.702) CARRIED FORWARD 1,702 Invostrnents 81.714 68,699 63.416 CURRENT ASSETS Cash at bank 132,458 121,482 CREDITORS Amounts f811ing due thIn one year {14.938} 114,0891 CURRENT DEBTORS Payments In Advance In8uran¢• 780 NET CURRENT ASS8 118,3(M) 107,393 TOTAL ASSETS LESS CURRENT LIABIUTIES 186,999 170,809 NET ASSETS 186.999 170,809 FUNDS Unre¥lri¢t funds 186,999 170,809 TOTAL FUNDS 186.999 170,809 The mernbers have not reqUid the farrtab company to obtain an audrt of ils financial stataments for the year ended 31 Mprth 2022 In •¢cofdance wrth Seclon 476 of the Gompant¢8 Art 20CO. The Iruslees acknowledgè their respjnsibilities for {al ensuring that Ihe chartt8ble company keeps acc4Junting reo)rd8 that compty wllh Sfjdions 366 and 387 of I Companies Act 2006 and Ibl preparing financAal staternents whi¢h gNe 8 true ond foir wew of the stste of aff8ir8 of the charita8 CYmP8ny 88 at the end of each finan%>al year and ol rts surplus or deficil for eath fin8naal year in accordance with the reqUIrnents of Sections 394 and 395 and whth olherwise comply wrth the requirements of the C<)mpanie$ A 2006 relating to financjal statements. so far as apICable to Ihe ch8Tit8ble company. These finanaal s181gments have been pared in Kcord8nc* wrth the speo'al provisions of Part 15 of the Cornpanie8 Act 20( relating to $mall charitable Compan8. The finarKsal stslemenlB weffj approved by the Board of Trustees ( and were Signed on its behalf by.. Mr I C Sirnpson- Tfustee The notes form part of these ffinancial statements
WIMBLEDON PARK COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 MARCH 2022 ACCOUNTING POLICIES Accounting convention Tbe finan(ial statements have been pr8pared under thè histo31 C51 convention, the Companies Act 2 and the reqU1MentS of th& sknement of Recunmended praCts, Ac47)unting and Reporting by Chaiilies. Incomlng resources All incoming resources are induded on th8 Slatsment ol Financial Adivibes when the thanty 1$ legally entffjed lo the income and thè amount can be quanlffied wrth reasonable dr. RQUr¢• •xpendod Exp&ndilure Is accounted for on an Nal$ basis and has been dassified under headlngs that aggregate all costs related lo the category. Costs (xnnol be direct attn"but&Y lo partioJlar headings they have been allocated to a¢bvities on a basis constenl wrth the use of resour(s. Taxation The chanty18 exgmpt from wran tsx cffi Its chanloble activibes. Fund accounfig Unrestricted funds can be in gccordgnc• wlh the ¢haiit8N8 objectsves at the discretion ol the trustees. Restricted lunds can only be used fr)r part1 restrKtsd wse3 within thg objgcis of the ¢harity. Restri¢tion5 arise when spe¢Jfied by the donor or when frJnds ère raised lor particular restncted purposes, Furth9r explanalion of the nature 8nd purpose of eath fvnd is indudoJ In the notes to the fanCial ststen1s. ACTIVITIES FOR GENERATING FUNDS 31r3r22 3113r21 Hall rental incom Cafè rgntal incorne Cafè other income Deposil interest 28,792 8,700 4,176 12 7,494 2,175 1,740 41,680 11,445 16,193 Grants 6.912 48,592 27,638 Unr•allsed appld¢prncl•tlon of Inv¢•bMents 8,985 14.194 55.570 41,832 Cost Black Rock Investsnent Fur¥J 25.OCQ COIF Investment Fund 25.OLM) At 31103r2022 30,495 38,204 RESOURCES EXPENDED Adminislraknon of the tharity has teen, arKI conts.nues lo b8, on a purety voluntary basis. 5. TRUSTEES, REMUNERATION AND BENEFITS No trustees receNed remunerab.on fw th'T as Injstee or other beneffts during the psriod ol these accounts. TNsteè8' expanses No trustees were reimbuwd expense$ in nrdIOn wth their role as trust8es in the penod onded 31 M3rch 2022.
WIMBLEDON PARK COMMUNITY TRUST NOTES TO THE FINANCIAL sTATEMETrS FOR THE YEAR TO 31 MARCH 2022 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 3113122 3113121 Deposrts held.. Calé £4.250 Hall £4.755 General Credrtors 9,005 5.993 6,405 7,684 14.938 14,089 MOVEMENT IN FUNDS Not mcwement in fijnds At 3113r22 At 3113r21 Unrestrlcted fvnd• General fund 18.1 186.999 170.809 TOTAL FUNDS 16,19] 186,999 170,809 Net rnovem&nl Sn funds, induded In the above are as Idlows.. InfJYnitwJ re8our Resour¢o$ expended Movement in fvnds Unr•8trictsd lund• General fvnd 55.5TI 139,38n 16,190 TOTAL FUNDS $5.577 P9,38n 18,190