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2021-03-31-accounts

Registered Charity Number 1157856

Pimlico Family Workshop Toy Library

Financial Statements For the year ended 31 March 2021

Contents

Charity Information 1
Trustees Annual Report 2
Independent Examination 17
Statement of Financial Activities 18
Balance Sheet 19
Notes 20

Charity Information

Pimlico Toy Library

Charity name : Pimlico Family Workshop Toy Library, known as Pimlico Toy Library

Registered Charity Number : 1157856

Address : 133A Lupus Street Pimlico London SW1V 3EN

Trustees : Kate Shrivastava Chair Jason Williams S�san O�S�lli� an Dominic Barnard Treasurer Divya Hiremath John Nguyen

Co-ordinator Maggie Harper

Bankers

Barclays Bank Plc Westminster Branch 2 Victoria Street London SW1H 0ND

Independent Examiner

Heather Cheesman FCA Chichester Accounting 104 Stockbridge Road Chichester West Sussex PO19 8QP

1

Pimlico Toy Library Annual Report April 2020 to March 2021

The trustees of Pimlico Toy Library (PTL) have the pleasure of presenting their report for the year ended March 31[st] , 2021.

PTL is a registered charity and is aware of the need to provide a service that is of public benefit. This report is prepared in accordance with the Trust Deed dated March 18[th] , 1983, and the recommendations of the statement of recommended practice accounting and reporting practise by charities. It also complies with applicable law. In addition, PTL has prepared its accounts under the accruals system.

About Pimlico Toy Library

PTL provides needs-led play sessions in a safe, guided environment for any family with a child aged 0-11. Qualified and experienced staff plan, deliver, monitor, encourage and evaluate the development of children who attend regularly and provide tailored support for these children, their families and ultimately the community.

The principle aim of PTL is to improve families’ quality of life and chi ldren’s life chances. The membership represents the diverse community of Westminster whatever their background, gender, ethnicity, faith, socio-economic or personal circumstances. Fees are kept to a minimum and our policy allows discretion to ensure that finance is not a barrier to membership.

The service we provide includes a timetable of play sessions for parents, carers, and their children under the age of five years. During the school holidays PTL provides a programme of events for adults, carers, and their children under the age of eleven years. PTL has a toy-loan service including over 1700 educational toys.

Our governance and management

The management of PTL is the responsibility of the trustees who are elected and co-opted under the terms of the Trust Deed at the Annual General Meeting. Written nominations for the officers and other vacancies are required at least seven days prior to the meeting. Provided no such nominations are received for a particular vacancy, nominations may be made at the meeting. The consent of all members nominated is required. Any member of PTL is entitled to submit a nomination.

The running of the PTL is currently undertaken by its two permanent staff members, Maggie Harper, who serves as PTL’s Coordinator & Toy Libra rian and Sheila Martin, who is the PTL’s Toy Librarian and runs the

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play sessions, interacts with the children, and parents and plans the special activities and events.

PTL uses the Quality Assurance programme, practical quality assurance for small organisations, PQASSO. All PTL policies which include Child Protection, Health & Safety, Business Continuity, Complaints Procedure, Confidentiality & Data Protection, Counter Fraud & Security Management, Environmental, Equality & Diversity, Digital, Member Care, Whistle blowing, Fundraising and the Role of Volunteers can be found on our website. Disclosure and Barring checks are acquired as appropriate for trustees, staff, and volunteers.

Since July 2014 PTL has been a Charitable Incorporated Organisation – (CIO). For this financial year (1 April 2020 31[st] March 2021) the CIO accounts, taking into account the transfer of assets on 4[th] September 2015, will be filed by 31[st] January 2022.

The Impact of COVID-19

This year brought one of the biggest challenges the Pimlico Toy Library (PTL) has faced in its 3-year history but also one of the biggest opportunities we have had to support our members, their families and our community as they faced COVID-19 and everything that this has entailed. On the 17[th of] March 2020 we made the decision, following government guidance, to pause the toy loan and play sessions at PTL and we have remained closed in this way for the entire financial year.

On 7[th] April an extraordinary trustee meeting was held, remotely, to go through the key concerns relating to the management of PTL during this period. Trustees held very regular COVID update meetings throughout the year thereafter to ensure PTL was managing the key concerns. For example:

The risks to PTL were identified as loss of income, staffing issues & staff health, an unoccupied building and the risk of losing our reputation and/or connection with our members.

In terms of staffing, plans were put in place for an appropriate way of working for the two members of staff to ensure safety and a protocol set up for decision making during any absence of the PTL coordinator due to illness.

3

In terms of loss of income, the PTL coordinator contacted all of our funders to discuss the situation and the vast majority were happy to continue to support PTL through this time and in this different way of working.

The risk of losing our connection with our members and community was dealt with by keeping the line of communication open through social media as well as email and phone calls.

� Can we refocus?

It was decided very quickly that although the physical PTL building was closed we could still provide a very valuable service to our members and local community in a number of ways.

Firstly, we could provide guidance and information (from official sources) regarding COVID to our members via our social media channels, namely Instagram. This included information on handwashing, testing sites and where to go for financial help. Our Instagram account now has 362 followers and proved to be a valuable way to communicate with our families at this time.

We could also provide ideas for activities and games at home and direct our members to other resources and social media accounts such as that belonging to Tachbrook Nursery School (@tachbrooknursery) which had recordings of stories being read by teachers and staff on their Instagram account and The Long Nose Puppet Theatre group who put videos of their shows online on their website (www.longnosepuppets.com) for free. We prepared play packs for our members containing age-appropriate materials, books and activities for children.

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For those families needing more individual help we could engage with them over the phone or by email and this led to distributing free nappies to several families for many months.

The main aim of PTL is to provide guided play in a safe environment and the trustees decided it would be possible to use online platforms, such as Zoom, to connect with small groups of members for singalong sessions. The technology was quickly set up to be able to provide elements of the familiar play session over Zoom for our members. This was solely dependant on the ability of our Toy Librarian, Sheila Martin, to adapt very quickly to new technology and a new way of working, something that she did incredibly well. We had a good take up of the sessions and good feedback from our families.

� Are essential operations continuing?

The PTL coordinator ensured that essential operations such as payments and funding continued during this time.

PTL immediately looked at ways to work with other local organisations in order to best help our families. PTL worked with Give a Book to give age-appropriate books to our members. We also worked with a local Food Surplus group, (Mike Smith) to ensure families had access to groceries if they needed them.

Other key concerns included:

Impact of COVID on families

We were able to maintain strong communication links with our members and their families during COVID and therefore we know how much and in how many ways COVID impacted on them.

The first reaction many of our families had at the beginning of the pandemic was fear. It was an unknown and many of our members that we contacted through email or phone calls were worried about the situation. We were able to provide them with information and guidance from official sources to help. We contacted 183 of our families during March 2020 either by email or phone.

As time went on there was frustration, not being able to find activities to keep their small children entertained and stimulated all day inside. A lot of our families suffered stress regarding financial issues or caring problems, finding themselves isolated without the usual sources of help.

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Parents were worried ab out their children’s mental health and development. Because we had regular contact with many of our most vulnerable families through the monthly give away scheme, we set up providing free nappies etc we were able to see and talk to those families and provide that connection and outlet for worries and stress.

With the introduction of online learning many of our families faced digital exclusion because they didn’t have the access to technology to provide their children with. PTL was able to help many families get access to computers and even help them get set up and show them, with one-toone sessions how to use different platforms.

Our response to the impact of COVID on our families was very much needs-led; it was in response to knowing that libraries were shut and families didn’t therefore have access to books for their children that we partnered with Give a book to provide tailored books to the majority of our members, It was because we asked members to let us know if there was anything they were struggling to get, that we realised providing free nappies was a way to help and also to guide families to other help available with the Food Surplus organisation (Mike Smith) and it was when we set up our online sessions and saw that some families struggled with the technology or only had a single, often unsuitable device at home to use, that we discussed with St Giles & St George Trust, the need to get those families free laptops for school work and any online interaction. Schools received funding from St Giles and St George, PTL were able to refer our families and give help to families in how to use them. PTL also sourced equipment to donate to those not eligible through school.

An example of one of our families’ situations during the first lockdown period:

“ it became stressful when the home schooling began. We have limited space at home and my husband was working from home too. My children are 4 years apart in age and had to share the same table to work. It was very distracting for them, and it was difficult for me to keep them focused on their work, the younger one would be watching a you-tube video for a phonics lesson while the older one was trying to read for a comprehension task. I didn’t get a moment to myself to do all the things I would normally be d oing. I also began to worry about my older child’s mental health, normally very enthusiastic and interested she became less interested in activities as time went on and had no interest in speaking to her friends over the phone or online.”

The feedback we have received from our members has shown that we were able to help them during this time.

An Instagram poll that asked, “Have we been able to help you or your family with anything during COVID?” gave a result of 73% saying yes with one of our members comm enting “thank you for all you do”.

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We also received some letters from our families;

“thank you for the activity kit. ** has been enjoying reading books included in the pack …. Thank you for all the work you are doing during this pandemic”

“I just wanted to say a massive thank you for * and *’s activity pack. They love their things. ****’s truck book was a perfect choice”

We have also received feedback from our families with English as a second language:

“I’d like to thank you, Give a Book, we really appreciate your support with home schooling books for our sons!”

“During these strange lock down times it means a lot of have new books to entertain the children with fun ways to try and get * to learn new skills

Thanks again for kee ping us creative and busy!”

Environment & Sustainability

Our impact on our community also includes our positive environmental role. The need to be sustainable and act in an environmentally friendly way is one of the fundamental purposes of PTL.

The toy-loan idea, developed in the 1960s, encourages families to borrow not buy, introducing the idea of reusing, recycling and sharing resources at an early age. It promotes the idea of sharing and looking after toys instead of owning and a throw away attitude to toys. All our toys, once we no longer lend them out, are donated or sold in toy sales so have the longest life possible and during our art sessions we make use of household items and used packaging. As a charity we don’t want to waste our funds and for example always strive to minimise energy use and buy second-hand as well as re-use but we need to take it further. The issue of climate change has become very serious and every organisation needs to be playing its part in reducing the impact on the environment of their work but in particular because we are a children’s charity the issue of climate change is relevant to our aims. Children will be affected more in their lives by the impact of climate change and research shows that 60% of children are worried about climate issues.

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Here are some of the things PTL is doing to reduce our impact on the environment, be more sustainable and promote environmental awareness in our work.

Chairs Report

I am looking back over the year between 1[st] April 2020 and 31[st] March 2021 and it was such a difficult and challenging time for everyone but I am proud of how PTL responded to COVID-19 and its impact on our operation and the services we provide.

On the 17[th of] March 2020 we made the decision, following government guidance, to pause the toy loan and play sessions at the Toy Library and we have remained closed in this way for the entire financial year.

Initially we kept in touch with our members via our social media platforms, predominantly Instagram, where we posted resources, guidance and activity ideas for young children. Towards the end of April, we began to ask members to get in touch with us if they needed any

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specific help with anything from nappies to home schooling equipment and we made calls to some of our families to check-in with them. In May we began online sessions with our toy librarian that offered our members the familiarity of a play session with singing. We also began offering activity packs to members. The packs which were tailored to different ages and needs, could be collected safely from PTL and contained books, craft activities, paints & colouring sheets to keep children entertained. Alongside all of this we also worked with Food Surplus to provide local families with items they needed including free nappies and toys. In August, when we would normally be providing our summer programme of activities and trips we held online sessions with the Royal Philharmonic Orchestra’s first online project. As the year continued we intro duced more online activities including Baby Massage, regular music sessions with Steve Grocott and, in partnership with Churchill Gardens Academy, Chatter Time (communication skill development) and Bopping about with our feelings( improving mental Health ) Another highlight of the year was the African Experience online Workshop. PTL worked extensively with the group to produce a session that would work online, helping them to realise that it could be done and more than that provide a really valuable experience for our members.

We really look forward to returning to in-person activities and normal play sessions but, I believe, we have successfully found a different way to provide a valuable service to our members and families and we continued to see new members join with 61 new families becoming members during this year.

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Business Plan

A working document, our Business Plan includes PTL's mission statement, objectives, governance and management structure, competitor reviews and SWOT analysis, financial analysis and fundraising strategy, resourcing and partnering goals, marketing position and strategy, and our monitoring and evaluation strategy. We are using this to achieve the goals of sustainable, long-term planning with active task setting so we can really concentrate on having a members’ led organisation that centres on developing children’s potential and helping support parents through our provision of play sessions, trips/events, and toy loans.

We have four main objectives and as you can see below, we are pleased with our progress and will build on our success next year.

Business objectives Achievements
Financial/fundraising
Maintain funding levels through the
development of a sustainable funding
model through trust and corporate
fundraising;		 .Quarter 4 2020 PTL raised the running costs for
2021 quarter one.
. Awareness of the need to continue to raise
funds across sectors and explore digital
opportunities

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Resourcing:
. Increase current staffing levels to relieve
pressure on existing staff and increase
staff and volunteer skills and capacity
. General resources		 . Suspended due to CV-19
. Partnership work enabled us to secure free
donations of a range of items for members
Marketing
Continue to build awareness and improve
perceptions of PTL to ensure that the
service continues to feature prominently
in the local community.		 . Increased flow of information increasing
Instagram followers to 362 followers
. Simplified our evaluation methods
. Improved email communication to members.
Governance, Monitoring and Evaluation
Use IT technology to streamline
administration, governance and
monitoring and evaluation. Introduce a
new database and 2) tablet-based event
and session evaluations, use digital
evaluation tools		 . Additional bi-monthly Trustee meetings
enable us to assess CV-19 needs.
. Regular updates to Trustees from the
Coordinator
. Ongoing timetable to review our policies and
creating new ones as appropriate.

The plan supports our aim to explore new ways of raising income, mindful of the digital possibilities which have since intensified during Covid and the need to enable our members and the wider community to understand our status, aims and objectives and encourage their involvement in our development and sustainability.

I.T. communications and marketing

We have updated our website and social media accounts throughout the year with information on upcoming events, news and important information to make PTL's online platform a source for trusted information for our families and stakeholders. Immense thanks go to Jessie Campbell, and Nicholas Lovell for the time they put into this.

Governance

We have been working to develop our governance as trustees. Highlights include:

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We realise that the sustainability of staff is crucial for the future of the PTL, and we have carried out future and succession planning, working closely with Maggie and Sheila.

Monitoring and evaluating

Demonstrating our impact and understanding the needs of our members is of paramount importance to us. It is crucial to evidence our impact to current and potential funders, but even more important, it shows our families the benefits our service provides to their children and themselves. It is also a valuable way of understanding the needs and feedback from children, parents and carers as well as a way to start conversations about the support they require.

Children and parents are increasingly enthusiastic about sharing their experiences and using our user-friendly evaluation questionnaires, which we have continued to improve to meet the needs of our diverse membership. This has enabled us to integrate our families’ feedback into the running of PTL tell us how they feel about specific events and trips as well as the service we provide to them as a family. It has also enabled us to evidence the incredible impact PTL has on our members which we have been communicating back to families through our notice board, display windows, website and social media accounts.

Thank you

On behalf of PTL, the trustees would like to offer our profound thanks to all those who have worked so hard over the previous year to help PTL provide local families with the invaluable opportunity to learn through play. Without the support of all of our funders and volunteers it would be impossible for PTL to continue its programme of play sessions, activities and toy loans. We are also incredibly grateful to all our member families who have continued to show their support.

Finally, and most importantly we as trustees would like to say a massive thank you to Maggie and Shelia for not only their expertise but also their – dedication to PTL this year in particular which was so challenging their devotion is truly inspirational.

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Our volunteers

During this financial year the following volunteers have made a real difference with their time enthusiasm and skills. We are particularly thankful to:

Our supporters

We would also like to give a special thank you to all our supporters during the year that include:

We would like to give a special thank you to Martin Sale, who sadly passed away in November 2020. Martin was a long-time supporter of PTL and he championed our cause with his Freemason Brothers. PTL has benefited from the generosity of Martin and the St. John’s Lodge for many years and last year Martin even took on the role of Trustee at PTL.

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Our trustees

This year our trustees were:

Many of our trustees also take on extra, voluntary tasks over and above their role as trustee for which PTL is always grateful.

Our partnerships

We have continued to forge and develop our partnerships with local businesses and educational institutions.

Since 2015, PTL has been a partner in the ‘Pimlico Million’ project. This is a – resident led funding and development initiative financed by the Big Local. £1million pounds is available to spend, for those living in the Pimlico Million area which includes specific postcodes, over 10 years. The aim is to make a difference now and leave a long-term legacy.

PTL is also a member of the South Westminster Resilient Families Partnership: Abbey Community Association, Cardinal Hume Centre, St Vincent’s Family Proje ct, Westminster Befriend a Family and Westminster Early Help.

The partnership has a number of shared values which include:

We have made a great link with Churchill Gardens Academy Primary School which has included on-line sessions on language development and mental health with their staff.

Accounts

PTL finances and funding

The financial climate continues to be challenging during the 2020/2021 financial year. We are thankful for the on-going support of many of our – funders. The number of longer term donations available has increased and we have benefited from securing three, two or three year donations,

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since 2018. We continue to work hard to minimise risk by exploring the methods we use to ensure a diversified income portfolio.

YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21		 YEAR
15/ 16
16/ 17
17/ 18
18/ 19
19/ 20
20/ 21
TOTAL
FUNDING
54,479
104,84
3
108,91
3
101,74
5
101,16
8
103,24
9
Corporate
Public
Trust
Individual		 14%
26%
44%
16%		 13%
27%
50%
10%		 40%
10%
42%
8%		 18%
22%
52%
8%		 42%
3%
45%
10%		 9%
17%
67%
7%
TOTAL
non-
individual
84%
90%
92%
92%
90%
93%

Corporate/Public/Trust/Individual

Corporate funding now accounts for 9% of our overall income, down from 42% in the financial year ended 2019 / 2020. This has led to an increased reliance on funding from Public funding and Trusts. Public funding has increased from 3% to 17%, and funding from Trusts has increased from 45% to 67%.

PTL has a Reserve Policy, reviewed annually, which indicates the areas of risk and the contingency funding needed to minimise that risk. We have a target amount to raise annually, in order to build a fund to cover emergency, and in the worst case scenario, wind-down costs enabling us to close in in a professional manner. We aim to raise funds to cover the first quarter of the following financial year, by the last quarter of the previous year.

Pricing and membership

Our membership fee is £20, suspended since lockdown in March 2020. Fees are kept to a minimum and our policy allows discretion to waive the membership fee to ensure that we are inclusive and that finance is not a barrier to membership.

Fundraising and additional income

Gifts in Kind were an important part of our income story this year. Thank you to United Living and Leylandsdm. Fundraising initiatives take time and resources and we have worked to develop a fundraising strategy, part of which is laid out in our Business Plan 19-21 which includes a UserCentred Fundraising Strategy and a Fundraising pack. We are continuing to look at ways to increase our additional income, including:

  1. Tiered membership

  2. Gift memberships

  3. Incentives (i.e., Refer a friend, Loyalty card)

  4. Emphasise ways to donate on the website (e.g., Give as you Live, Payroll

  5. Giving etc etc)

  6. Hiring out our building

  7. Increase fees

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Signed on behalf of �he Chari���s Trustees: -

Kate Shrivastava

Chair of Trustees, Pimlico Toy Library Date: 03/11/2021

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

ON THE UNAUDITED ACCOUNTS OF

PIMLICO TOY LIBRARY

For �he p�rposes of �hose chari�� f�nds on pages 18 �o 24 for �he �ear ended 31 March 2021 �hich req�ire an independen� e�aminer's repor�, �e confirm �he follo�ing:-

Respective Responsibilities of Trustees and Examiner

The chari���s �r�s�ees are responsible for �he prepara�ion of �he financial s�a�emen�s. The chari���s �r�s�ees consider �ha� an a�di� is no� req�ired for �his �ear �nder sec�ion 144(2) of �he Chari�ies Ac� 2011 (�he 2011 Ac�) and �ha� an independen� e�amina�ion is needed.

I� is m� responsibili�� �o:

� e�amine �he financial s�a�emen�s (�nder sec�ion 145 of �he 2011 Ac�);

� �o follo� �he proced�res laid do�n in �he general Direc�ions gi�en b� �he Chari�� Commission (�nder sec�ion 145(5)(b) of �he 2011 Ac�);

� s�a�e �he�her par�ic�lar ma��ers ha�e come �o m� a��en�ion.

Basis of Independent Examiner's Report

M�e�amina�ion �as carried o��in accordance �i�h �he general Direc�ions gi�en b��he Chari�� Commission. An e�amina�ion incl�des a re�ie�of acco�n�ing records kep�b��he chari��and a comparison of �he financial s�a�emen�s presen�ed �i�h �hose records. I� also incl�des considera�ions of an��n�s�al i�ems or disclos�res in �he financial s�a�emen�s, and �he seeking of e�plana�ions from �o�as �r�s�ees concerning an�s�ch ma��ers. The proced�res �nder�aken do no�pro�ide all �he e�idence �ha��o�ld be req�ired in an a�di�and, conseq�en�l�no opinion is gi�en as �o �he�her �he financial s�a�emen�s presen�a "�r�e and fair �ie�" and �he repor�is limi�ed �o �hose ma��ers se�o��in �he s�a�emen�s belo�.

Independent Examiner's Statement

In connec�ion �i�h m� e�amina�ion, no ma��er has come �o m� a��en�ion

1) �hich gi�es me reasonable ca�se �o belie�e �ha�, in an� ma�erial respec�, �he �r�s�ees ha�e no� me� �he req�iremen�s:

� �o keep acco�n�ing records in accordance �i�h s130 of �he 2011 Ac�; and

� �o prepare financial s�a�emen�s �hich agree �i�h �he acco�n�ing records and �o compl� �i�h �he acco�n�ing req�iremen�s of �he 2011 Ac�; or

2) �o �hich, in m� opinion, a��en�ion sho�ld be dra�n in order �o enable a proper �nders�anding of �he financial s�a�emen�s �o be reached.

H Cheesman FCA Chichester Accounting 104 Stockbridge Road Chichester West Sussex PO19 8QP

Date: 1st December 2021

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Statement of Financial Activities For the year ended 31 March 2021

Pimlico Toy Library

----- Start of picture text -----
notes Unrestricted Designated Restricted 2021 2020
funds funds funds Total Total
£ £
Income from Chari�able ac�i�i�ies 2 56,223 100 66,568 122,891 101,566
Total income 56,223 100 66,568 122,891 101,566
E�pendi��re on Chari�able ac�i�i�ies 3 63,377 13,366 - 76,743 87,976
Go�ernance cos�s 4 2,498 - - 2,498 2,749
-
Total expenditure 65,875 13,366 79,241 90,725
Transfers be��een f�nds 9 - - - - -
Net incoming/(outgoing) resources before
other gains/(losses) (9,652) (13,266) 66,568 43,650 10,841
- - - -
Gains / (losses) on in�es�men� asse�s
Net movement in funds (9,652) (13,266) 66,568 43,650 10,841
To�al f�nds bro�gh� for�ard 42,699 24,813 0 67,512 56,671
Total funds carried forward 9 33,047 11,547 66,568 111,162 67,512
----- End of picture text -----

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Balance Sheet As at 31 March 2021

Pimlico Toy Library

----- Start of picture text -----
notes 2021 2020
£ £ £ �
Current Assets
Deb�ors 7 2,125 2,125
Bank and cash 112,861 67,908
To�al c�rren� asse�s 114,986 70,033
Current Liabilities
Credi�ors d�e �i�hin one �ear 8 3,824 2,521
Net current assets 111,162 67,512
Total Net Assets 111,162 67,512
Funds 9
Unres�ric�ed 33,047 42,699
Designa�ed 11,547 24,813
Res�ric�ed 66,568 -
111,162 67,512
----- End of picture text -----

These acco�n�s �ere appro�ed b� �he Tr�s�ees on and signed on �heir behalf b�

K Shri�as�a�a: Chair

The a��ached no�es (1 - 12) form par� of �his s�a�emen�.

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Notes to the financial statements

Pimlico Toy Library

1 Accounting polices

Basis of preparation

The acco�n�s are prepared on �he basis of his�oric cos� in accordance �i�h:

Incoming resources

All incoming reso�rces ha�e been incl�ded on a recei�able basis.

Depreciation

Deprecia�ion on o�her fi�ed asse�s is calc�la�ed �o �ri�e off �he cos� on a s�raigh�-line basis o�er �heir e�pec�ed �sef�l life, a� �he follo�ing ra�es on a s�raigh� line basis:

F�rni��re and fi��ings 25% Comp��er and eq�ipmen� 25%

Taxation

The chari�ies ac�i�i�ies fall �i�hin �he e�emp�ions afforded b� �he pro�isions of �he Income and Corpora�ion Ta�es Ac� 1988, and �here is no �a�a�ion charge in �he acco�n�s.

20

Notes to the financial statements

Pimlico Toy Library

2 Charitable activities

Pimlico Million
Wes�mins�er Ci�� Co�ncil - Ward
S�. Giles & William Shel�on Ed�ca�ional Chari��
Rolls Ro�ce
Ed�ard Har�is� Tr�s�
The Freemasons
Cos�le� S��ar�
H�de Park Picnic
Chari�ies Tr�s�
To� loans
Session fees
S�rand Tr�s�
John L�on's Chari��
Wes�mins�er Amalgama�ed Chari��
John Le�is Par�nership
Member dona�ions
Membership fee
Wes�mins�er Fo�nda�ion
WSSCH
J Fea�herb�
Peabod� Tr�s�
Wai�rose
Barcla�s Bank
Able Child
Ale�andra Smi�h
S� S�ephen �i�h S� John
Am� Gibson
Ellio�� GGA
Khadija Kaiss�
To� sales
S B�lmer
Anna Ha��
E�er�click L�d
Gi�e as �o� Li�e
Par�� Loan
To�ner C Chikolar
O�her
PTL FR
D Golds�ein
D Harper
Fahmeeda Amir
Gif� aid
M Sale
Non member dona�ion
Pa�pal
Ro�al Philharmonic Orches�ra
Sahar Fahim
S� Giles and S� George
S� Johns Lodge
Vaci Whi�e
Virgin gi�ing
Wes�mins�er Ci�� Co�ncil
To�al		 Unres�ric�ed
Designa�ed
Res�ric�ed
2021
�
�
�
�
-
-
5,000
5,000
-
-
30,143
30,143
-
-
-
-
-
-
5,040
5,040
-
-
3,372
3,372
15,520
-
-
15,520
100
-
-
100
-
-
1,375
-
-
1,375
34
-
-
34
124
-
-
124
-
-
5,000
5,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
13,570
13,570
-
-
-
-
1,200
-
-
1,200
538
-
4,443
4,981
166
-
-
166
-
-
-
-
3,000
-
-
3,000
140
-
-
140
325
-
-
325
300
-
-
300
-
-
-
-
-
-
-
-
81
-
-
81
1,000
-
-
1,000
100
-
-
100
17
-
-
17
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,236
-
-
1,236
-
100
-
100
74
-
-
74
200
-
-
200
810
-
-
810
500
-
-
500
20
-
-
20
177
-
-
177
688
-
-
688
30
-
-
30
15,000
-
-
15,000
1,000
-
-
1,000
30
-
-
30
359
-
-
359
12,079
-
-
12,079
56,223
100
66,568
122,891		 2020
�
3,100
-
15,000
6,500
3,000
700
-
5,000
-
501
1,196
5,000
26,800
10,000
3,000
1,608
2,660
2,500
3,000
1,200
4,981
951
150
2,000
-
-
500
540
15
18
1,000
-
18
38
186
6
398
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
101,566

21

Notes to the financial statements

Pimlico Toy Library

3
Charitable activities
Cleaning
Comm�ni�� E�en�s
Da�abase
S�aff Cos�s
Vol�n�eer cos�s
Ins�rance
La�ndr�
Licence, s�bscrip�ion &
membership
Office cos�s
Pos�age & deli�er�
Refreshmen�s
Ren�, ra�es & ��ili�ies
School holida� o��ing,
�ranspor� & ���ors
Session Workers
Telephone & IT
Training
To�s
Ven�e hire
Ma�erials & repairs
Deprecia�ion
To�al
4
Governance costs
Independen� e�amina�ion
Es�ablishmen� cos�s
To�al		 Unres�ric�ed
Designa�ed
Res�ric�ed
2021
�
�
�
�
72
-
-
72
-
-
-
-
1,930
-
-
1,930
53,166
11,194
-
64,360
-
-
-
-
-
1,471
-
1,471
692
-
-
692
-
-
-
-
1,868
-
-
1,868
-
-
-
-
-
-
-
-
-
701
-
701
2,135
-
-
2,135
395
-
-
395
296
-
-
296
50
-
-
50
-
-
-
-
-
-
-
-
2,773
-
-
2,773
-
-
-
-
63,377
13,366
-
76,743
Unres�ric�ed
Designa�ed
Res�ric�ed
2021
�
�
�
�
1,100
-
-
1,100
1,398
-
-
1,398
2,498
-
-
2,498		 2020
�
1,901
3,362
-
65,143
53
1,224
730
-
485
-
178
1,147
5,804
5,119
149
254
2,272
155
-
87,976
2020
�
1,100
1,649
2,749

5 Staff costs

Salaries
Social sec�ri�� cos�s
Pension cos�s
O�her cos�s
To�al
The a�erage n�mber of emplo�ees d�ring �he �ear �as		 2021
�
62,201
2,159
64,360
2		 2020
�
62,037
3,106
65,143
2

No emplo�ee recei�ed emol�men�s in e�cess of �60,000 d�ring �he �ear (2020: none).

22

Notes to the financial statements

Pimlico Toy Library

6 Tangible fixed assets

Pla� room
fi��ings
Co��
Bro�gh� for�ard
1,260
Carried for�ard
1,260
Deprecia�ion
Bro�gh� for�ard
1,260
Charge in �he �ear
-
Elimina�ion in �he �ear
-
Carried for�ard
1,260
Ne� Book Val�e
At 31 March 2020
-
A� 31 March 2019
-
All �he fi�ed asse�s are �sed for direc� chari�able p�rposes.
7
Debtors
Accr�ed income
Prepa�men�s and o�her deb�ors
To�al
8
Creditors due within one year
Social sec�ri�� and o�her �a�
Accr�als		 Comp��ers
and
eq�ipmen�
910
910
910

-

-
910

-

-
2021
�
2,125
2,125
2021
�
1,624
2,200
3,824		 Total
2,170
2,170
2,170
-
-
2,170
-
-
2020
�
2,125
2,125
2020
�
1,421
1,100
2,521

23

Notes to the financial statements

Pimlico Toy Library

9 Funds
Unrestricted
General f�nd
Designated
D Golds�ein
Restricted
Pimlico Million
Wes�mins�er Ci�� Co�ncil
Rolls Ro�ce
Ed�ard Har�is�
S�rand Tr�s�
Wes�mins�er Fo�nda�ion
Peabod� Tr�s�		 Balances
brought
forward
Incoming
resources
Outgoing
resources Transfers
Balances
carried
forward
42,699
56,223
(65,875)
-
33,047
24,813
100
(13,366)
-
11,547
-
5,000
-
-
5,000
-
30,143
-
-
30,143
-
5,040
-
-
5,040
-
3,372
-
-
3,372
-
5,000
-
-
5,000
-
13,570
-
-
13,570
-
4,443
-
-
4,443
67,512
122,891
(79,241)
-
111,162

10 Trustees Expenses

There �ere no �r�s�ee e�penses in 2021 (2020: nil)

11 Annual commitments under operating leases

A� March 31, 2021 �he Chari�� has ann�al commi�men�s �nder rene�able opera�ing leases for office & �ork space as se� o�� belo�:

Opera�ing leases �hich e�pire:
Wi�hin 1 - 5 �ears
(rene�able e�er� 5 �ears)
12 Analysis of net assets
Res�ric�ed f�nds
Designa�ed f�nds
Unres�ric�ed f�nds		 -
-
-
-
Fi�ed
Asse�s		 2021
2020
�
�
8550
8550
8550
8550
To�al
66,568
66,568
11,547
11,547
33,047
33,047
111,162
111,162
C�rren�
Asse�s

24