**Registered Charity Number 1157856**
## **Pimlico Family Workshop Toy Library**
**Financial Statements For the year ended 31 March 2025**
## **Contents**
|**Charity Information**|**1**|
|---|---|
|**Trustees Annual Report**|**2**|
|**Independent Examination**|**7**|
|**Statement of Financial Activities**|**8**|
|**Balance Sheet**|**9**|
|**Notes**|**10**|
## **Reference and Administration 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** :
Alex Moyler Chair Kate Shrivastava Rashida Abdulai Jason Williams Dominic Barnard Resigned 27 June 2025 Katie Clark Appointed 4 December 2024 Andrew Downes Treasurer
## **Co-ordinator**
Maggie Harper
**Bankers Independent Examiner** Barclays Bank Plc Heather Cheesman FCA Westminster Branch Chichester Accounting 2 Victoria Street 104 Stockbridge Road London Chichester SW1H 0ND West Sussex PO19 8QP
## **Structure, Governance and Management**
The charity is overseen by the trustees but the day to day running is managed by Maggie Harper, the long standing co-ordinator.
## **Objectives and Activities**
To provide therapeutic and recreational facilities for children to promote play, stimulation, education, development and social well-being.
## **Achievements and Performance**
These are shown in the Chair’s report below
## **Financial Review**
The charity made a surplus in the year of £30,249 due to come generous donations and, as always, these funds will be used to continue the objectives. The unrestricted reserves currently stand at £65,565.
1
|
## Chair’s report
This report covers the year between 1st April 2024 and 31st March 2025.
PTL continued to provide a regular timetable of activities for our member families, including continued “Hartbeeps” music and sensory sessions twice weekly, our regular stay and play sessions, toy loans and our popular school holiday programmes for children from 0-11.
We have enjoyed trips to many exciting places, including Swinley Forest adventure playground and Coral Reef Waterworld, Bocketts Farm, Chessington World of Adventures and London Zoo, as well as taking a 3-hour barge trip on the canal to explore Victorian history with the Beacuhamp Lodge Floating classroom. We have hosted visits from a falconry expert, the ever-popular “Safari Pete”,Conservationist , Steve Grocott returned with his musical offering that the children always enjoy. We were also able to offer baby massage to our youngest members. Throughout the year we have had endless art and craft activities to help our members be creative and express themselves.
## Business plan
Trustees refreshed their safeguarding training in 2024 and we continued our ongoing review of PTL policies, including our GDPR policy. We continued to consider staff succession and financial analysis of the future workforce, to ensure sustainability of adequate staffing, and compiled our 5 year strategic plan.
## Monitoring and evaluating
Continuous monitoring and evaluation is carried out via user-friendly questionnaires, helping us ensure that the services we offer meet our members’ needs and evidencing the impact that we make for funding purposes. It assists us in planning future activities and exploring whether further support is required by members beyond our timetabled services, by giving us an insight into the experiences of both children and parents. Thank you The trustees would like to thank everyone who has worked so hard during this financial year. Our aim of providing local families with the space and opportunity to help their children learn through play could not be achieved without the support of our funders and volunteers, nor without the incredible support of all our member families. We are extremely grateful.
The trustees must also thank Maggie and Shelia for their continued dedication and devotion to PTL and our users. Without their hard work, skills and good humour, PTL would not be the organisation that it is. The local community continues to be enriched by their immeasurable contribution to its youngest members and their families.
## Our volunteers
Once again, we have been fortunate for the time, enthusiasm and skills of our volunteers who, this year, have among other activities provided a six-week Baby Massage Course. Thanks go to Ana Alcalves, a Neonatal nurse.
We are particularly thankful to Jessie Campbell for her time and expertise over the last few years. A special thank you to Gary O’Sullivan, in this his last of over 20 years of support with our accounts and PAYE.
## Supporters
Thank you to all our funders who give both funding and expert advice
## Volunteers — long term
Jessie Campbell
Gary O'Sullivan
## Partners who provided funding, in kind and Volunteer help
Ana Alcalves
Dominic Barnard
Carlys Angels
Change4 Life
EPS
Flooring First Contracts
Heather Cheesman
Chelsea College of ART
Eaton Square Prep School
Energy Garden
Ann Farr
Frixos
Grosvenor Hartbeeps.com David Harper Sonjide Hussain Joshua Featherby Nawal Lakhdar
Leylands
London Zoo
Mace
Mary’s Pantry — Mike Smith
McClaren OCS
One Westminster
Kew Gardens
Laura Seymour
Strive Development
} |
St Vincent Family Project
Sue Bulmer
Superhighways
Tate
United Living
Wates
Young England Kindergarten
## Trustees
Trustees continue to take on additional work for us, over and above their trustee role, for which PTL is always grateful.
## Local partnerships
We continue to work hard to forge and develop partnerships with local businesses and educational institutions.
Our participation in the SW1iCEO’s partnership continued, working with the Abbey Community Centre, the Cardinal Hume Centre, the Caxton Youth Centre, the St. Andrews Club and the St Vincent’s Family Project to share information, ideas, resources and support. PTL continued to benefit from the our ongoing involvement in the ‘Pimlico Million’ project, a resident-led funding and development initiative financed by the Big Local, to provide £1million of funding for those living in the “Pimlico Million area” of specific postcodes, spread over 10 years. The aim is to both make an immediate difference and to leave a legacy in the long-term. The project has been ongoing since 2015 and will conclude mid-way through the next financial year.
## Fees and membership
Our membership fee per family remained unchanged at £20.00 per year. We keep this fee deliberately low to ensure that no family is excluded from our offering due to lack of finances, but additionally our policy includes the discretion to waive this fee to ensure that we remain inclusive.
Signed on behalf of the Charity’s Trustees:-
Alex Moyler = Chair of Trustees, Pimlico Toy Library Date:
Treasurer’s report 2025
## **Income and expenditure**
We had another successful year of fundraising, with income from charitable activities of £152,161 (2024: £135,725). Further details of our funders are provided in Note 2 to the
The funding enabled us to maintain current activities and expand a number of new activities, as further documented in the Chair’s report. We reiterate our thanks to all our funders.
Our successful fundraising for the year meant that we had net incoming funds for the year of £30,249 (compared to a net outgoings in 2024 of £32,373).
## **Balance sheet and funds**
The income and expenditure during the year resulted in total closing funds increasing to £65.565 (2024: £35,316). All our closing funds are unrestricted and are in current assets, which are substantially cash.
The overall surplus generated for the year means that our total closing unrestricted fund have improved and equate to approximately 6 months of expenditure. Over the long term we will look to maintain strong unrestricted funds, recognising that the timing of payments from major funders can cause fluctuations in the level of funds reported at year end.
## **Future outlook**
We continue to work actively with funders to sustain and grow our activities.
always manage our financial risk carefully through close monitoring of our expenses and review of cashflow projections.
We continue to look for innovative ways to support and bring value to local families through the diverse partnerships we form with a wide variety of organisations.
6
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
## **ON THE UNAUDITED ACCOUNTS OF**
## **PIMLICO TOY LIBRARY**
For the purposes of those charity funds on pages 8 to 14 for the year ended 31 March 2025 which require an independent examiner's report, we confirm the following:-
## **Respective Responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
• examine the financial statements (under section 145 of the 2011 Act);
• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act);
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes considerations of any unusual items or disclosures in the financial statements, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the financial statements present a "true and fair view" and the report is limited to those matters set out in the statements below.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention
1) which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements:
• to keep accounting records in accordance with s130 of the 2011 Act; and
• to prepare financial statements which agree with the accounting records and to comply with the accounting requirements of the 2011 Act; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
**H Cheesman FCA Chichester Accounting 104 Stockbridge Road Chichester West Sussex PO19 8QP**
**Date: 20th November 2025**
7
**Statement of Financial Activities For the year ended 31 March 2025**
**Pimlico Toy Library**
|**notes**
Income from Charitable activities
**2**
**Total income**
Expenditure on Charitable activities
**3**
Governance costs
**4**
**Total expenditure**
Transfers between funds
**9**
Gains / (losses) on investment assets
**Net movement in funds**
Total funds brought forward
**Total funds carried forward**
**9**
**Net incoming/ (outgoing) resources**
**before other gains/(losses)**|**Unrestricted**
**Designated**
**funds**
**funds**
152,161
-|**Unrestricted**
**Designated**
**funds**
**funds**
152,161
-|**Restricted**
**funds**
-
**-**
10,000
-
**10,000**
**-**
**(10,000)**
-
**(10,000)**
10,000
**0**|**2025**
**Total**
**£**
**152,161**
**152,161**
**117,672**
**4,240**
**121,912**
**-**
**30,249**
**-**
**30,249**
**35,316**
**65,565**|**2024**
**Total**
**£**
135,725|
|---|---|---|---|---|---|
||**152,161**
**-**||||**135,725**|
||107,672
-
4,240
-||||163,810
4,288|
||**111,912**
**-**||||**168,098**|
||**-**
**-**||||**-**|
||**40,249**
**0**
-
**40,249**
**-**||||**(32,373)**
-
**(32,373)**|
||25,316|0|||67,689|
||**65,565**
**0**||||**35,316**|
8
**Balance Sheet As at 31 March 2025**
**Pimlico Toy Library**
||**notes**|**2025**|||**2024**||
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**||£|
|**Current Assets**|||||||
|Debtors|**7**|2,125||2,125|||
|Bank and cash||71,240||39,891|||
|Total current assets||73,365||42,016|||
|**Current Liabilities**|||||||
|Creditors due within one year|**8**|7,800||6,700|||
|**Net current assets**|||**65,565**|||35,316|
|**Total Net Assets**|||**65,565**|||35,316|
|**Funds**|**9**||||||
|Unrestricted|||65,565|||25,316|
|Designated|||-|||-|
|Restricted|||-|||10,000|
||||**65,565**|||35,316|
These accounts were approved by the Trustees on 11th November 2025 and signed on their behalf by
Alex Moyler Chair
The attached notes (1 - 12) form part of this statement.
9
**Notes to the financial statements**
**Pimlico Toy Library**
## **1 Accounting polices**
## **Basis of preparation**
The accounts are prepared on the basis of historic cost in accordance with:
- Accounting and Reporting by Charities - Statement of Recommended Practice (SORP);
- Accounting Standards;
- and the Charities Act 2011;
- Financial Reporting Standard (FRS 102).
## **Incoming resources**
All incoming resources have been included on a receivable basis.
## **Depreciation**
Depreciation on other fixed assets is calculated to write off the cost on a straight-line basis over their expected useful life, at the following rates on a straight line basis:
Furniture and fittings 25% Computer and equipment 25%
## **Taxation**
The charities activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988, and there is no taxation charge in the accounts.
10
**Notes to the financial statements**
**Pimlico Toy Library**
|**2 Charitable activities**
Westminster Amalgamated
St Giles and St George
Quaker Social Action
The Grand Charity
Rolls Royce
Westminster Almshouses
Bouygues
Toy loans
Non member donations
Play sessions
Frixos Met
Skidmore
C Moore
Localgiving Limited
Catenrian Lodge
Westminster Foundation
Young England Nursery
United Living
J Featherby
Peabody Trust
Robinson Charity
Lottery Community fund
St Stephen with St John
Falcon Housing
Veolia
Young Westminster
Churchill Gardens Residents Ass
Abbey Rent
Pimlico Million
Sales
Party hire
One Westminster
Intercultural
Interest
Membership
Westminster City Council
Total|Unrestricted
Designated
Restricted
2025
£
£
£
£
10,000
-
-
10,000
19,000
-
-
19,000
20,200
-
-
20,200
500
-
-
500
4,500
-
-
4,500
-
-
-
-
3,785
-
-
3,785
123
-
-
123
183
-
-
183
1,530
-
-
1,530
3,000
-
-
3,000
250
-
-
250
250
-
-
250
_-_
-
-
-
-
-
-
-
3,000
-
-
3,000
500
-
-
500
-
-
-
-
1,200
-
-
1,200
5,000
-
-
5,000
-
-
-
-
-
-
-
-
700
-
-
700
-
-
-
-
-
-
-
-
10,225
-
-
10,225
-
-
-
-
-
-
-
-
-
-
-
-
828
-
-
828
-
-
-
-
-
-
-
-
-
-
-
-
57
-
-
57
2,732
-
-
2,732
64,598
-
-
64,598
152,161
-
-
152,161|2024
£
7,500
15,000
-
1,000
6,431
10,000
-
1,058
18
2,200
-
-
-
497
65
-
1,500
1,450
1,100
-
1,000
9,864
-
200
2,000
-
2,500
240
18,200
70
112
100
270
-
2,770
50,580|
|---|---|---|
|||135,725|
11
**Notes to the financial statements**
**Pimlico Toy Library**
## **3 Charitable activities**
|Unrestricted
Designated
Restricted
£
£
£
Cleaning
2,385
-
-
Database
916
-
-
Events
5,914
-
-
Staff Costs
60,911
-
10,000
Insurance
1,616
-
-
Laundry
141
-
-
Office costs
107
-
-
Rent, rates & utilities
9,339
-
-
School holiday outing,
transport & tutors
17,838
-
-
Session Workers
7,115
-
-
Telephone & IT
458
-
-
Toys
-
-
Venue hire
315
-
-
Materials & repairs
617
-
-
Total
107,672
-
10,000
**4**
**Governance costs**
Unrestricted
Designated
Restricted
£
£
£
Independent examination
1,100
-
-
Establishment costs
3,140
-
-
Total
4,240
-
-
**5**
**Staff costs**
Salaries
National Insurance
Pension costs
Other costs
Total
The average number of employees during the year was|Unrestricted
Designated
Restricted
£
£
£
2,385
-
-
916
-
-
5,914
-
-
60,911
-
10,000
1,616
-
-
141
-
-
107
-
-
9,339
-
-
17,838
-
-
7,115
-
-
458
-
-
-
-
315
-
-
617
-
-|2025
£
2,385
916
5,914
70,911
1,616
141
107
9,339
17,838
7,115
458
-
315
617
117,672
2025
£
1,100
3,140
4,240
2025
£
70,911
-
-
-
70,911
2|2024
£
1,755
4,962
1,495
67,734
1,826
-
1,135
22,099
51,456
5,473
689
1,627
2,216
1,343|
|---|---|---|---|
||107,672
-
10,000||163,810|
||Unrestricted
Designated
Restricted
£
£
£
1,100
-
-
3,140
-
-||2024
£
1,100
2,205|
||4,240
-
-||3,305|
||||2024
£
67,734
-
-
-|
||||67,734|
||||2|
No employee received emoluments in excess of £60,000 during the year (2022: none).
12
**Notes to the financial statements**
**Pimlico Toy Library**
## **6 Tangible fixed assets**
|Play room
fittings
**_Cost_**
Brought forward
1,260
Carried forward
1,260
**_Depreciation_**
Brought forward
1,260
Charge in the year
-
Elimination in the year
-
Carried forward
1,260
**_Net Book Value_**
**At 31 March 2025**
-
At 31 March 2024
-
All the fixed assets are used for direct charitable purposes.
**7**
**Debtors**
Prepayments and other debtors
Total
**8**
**Creditors due within one year**
Social security and other tax
Accruals|Play room
fittings
1,260|Computers
and
equipment
910
910
910
-
-
910
-
-
2025
£
2,125
2,125
2025
£
1,200
6,600
7,800|**Total**
2,170|
|---|---|---|---|
||1,260
1,260
-
-||2,170
2,170
-
-|
||1,260
-||2,170
-|
||-||-|
||||2024
£
2,125|
||||2,125|
||||2024
£
1,200
5,500|
||||6,700|
13
**Notes to the financial statements**
**Pimlico Toy Library**
|**9 Funds**
**Unrestricted**
General fund
**Designated**
Rent due but not invoiced
**Restricted**|**Balances**
**brought**
**forward**
**Incoming**
**resources**
**Outgoing**
**resources Transfers**
**Balances**
**carried**
**forward**
**25,316**
152,161
(111,912)
**-**
**65,565**
**-**
-
-
**-**
**-**
**10,000**
-
(10,000)
**-**
**-**|
|---|---|
||35,316
152,161
(121,912)
**-**
**65,565**|
## **10 Trustees Expenses**
There were no trustee expenses in 2025 (2024: nil)
## **11 Annual commitments under operating leases**
At March 31, 2025 the Charity has annual commitments under renewable operating leases for office & work space as set out below:
|Operating leases which expire:
Within 1 - 5 years
(renewable every 5 years)
**12 Analysis of net assets**
Restricted funds
Designated funds
Unrestricted funds|-
-
-
Fixed
Assets|2025
2024
£
£
6500
6500|
|---|---|---|
|||6500
6500|
|||Total
-
-
-
-
65,565
65,565
Current
Assets|
||-|65,565
65,565|
14