2023-03-31-accounts - The Parks Foundation

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Trustees						Mark Cribb
						Jacqueline Thorne
						Mark Holloway
						Mark Kiteley
						John Taylor
						Debra Cohen
						Stuart Folley
Note;
Jacqueline	Thorne resigned				17th July	2023
John Taylor		resigned	17th		July 2023
Charity Registration				Number		1159939
Company	Registration			Number		09272223
						The charity is incorporated		in England.
Registered		Office				The Cricket Pavilion
						Winton=Recreation-Ground
						Fitzharris Avenue
						Boumemouth
						Dorset
						BH9 JBX
Principal	Office					The Cricket Pavilion
						Winton Recreation Ground
						Fi zh nis Avenue
						Bournemouth
						Dorset
						BH9 1BX
Independent		Examiner				Oak Accounting	Ltd
						Independent examiners
						27Bascott Road
						Wallisdown
						Bournemouth
						Dorset
						BH11SRJ

			and Loss	es)	es)	es)
			Ta	Total Total R~d~la~l
		Note	g	g
Income and Endowments		from:
Donations and legacies		3	28,447	301,936	330,383	497,018
Charitable activities			360	3,500	3,860	11,750
Other trading activities			5,383		5,383	132,864
Investment income			2,281		2,281	937
Other income			1,034		1,034
Total Income			37,505	305,436	342,941	642,569
Expenditure on:
Charitable activities			(84,902)	(523,972)	(608,874)	(888,438)
Total Expenditure			(84,902)	(523,972)	(608,874)	(888,438)
Net expenditure			(47,397)	(218,536)	(265,933)	(245,869)
Transfers between	funds		68,247	(68,247)
Net movement in funds			20,850	(286,783)	(265,933)	(245,869)
Reconciliation offunds
Total funds brought	forward		180,121	364,179	544,300	790,170
Total funds carried	forward	17	200,971	77,396	278,367	544,301

		Balance Sheet as at	31March 2023
				2023	2022
			Note
Fixed assets
Tangible assets			10	10,971	4,163
Investments			11	I
				10,972	4,163
Current assets
Stocks			12		3,729
Debtors			13	24,100	2,946
Cash at bank	and in hand		14	246,258	547,031
				270,358	553,706
Creditors: Amounts		falling due within one year	15	(2,963)	(13,568)
Net current	assets			267,395	540,138
Net assets				278,367	544,301
Funds ofthe	chari
Restricted income funds
Restricted funds			17	77,396	364,180
Unrestricted	income funds
Unresbtcted	funds			200,971	180,121
Total funds			17	278,367	544,301

		The Parks	The Parks	The Parks	The Parks	The Parks		Foundation	Foundation	Foundation	Foundation
Notes to the		Financial Statements						for the Year				Ended 31March				2023
I Charity status
Tr r v7c l t dbrr		' u, i w			d-	Rgl s			d		~		kyd		r		h	~i l. m
ofthe trustees is liable to	contribute an amount				not	exceeding INil				towards the assets ofthe charity									in the event
ofliquidation.
The address ofits registered office is:
The Cricket Pavilion
Winton Recreation Ground
Fitzharris Avenue
Bournemouth
Dorset
BH9 IBX
Authorised for issue date
2 Accounting policies
Summary ofsignificant	accounting policies			and		key		accounting		estimates
The principal accounting		policies applied	in		the preparation				of these			financial		statements		are set			out	below.
These-polioiew-have-bean	oonsistantlympplied-to				aliche=yetus-presented,							=unless-otherwise			stated
Statement ofcompliance
The financial statements		have been prepared			in	accordance			with		Accounting			and Reporting				by Charities:
Statement of Recommended Practice (applicable						to	charities		prepming their accounts						in accordance with						the
Financial Reporting Standard applicable in			the		UK	and		Republic ofIreland (FRS						102))	(issued		in October 2019)
- (Charities SORP (FRS	102)),the Financial			Reporting				Standard applicable					in the UK		and Republic of					Ireland
Basis ofpreparation
The Parks Foundation meets the definition			of		a public			benefit	entity		under		FRS 102, Assets				and	liabilities			are
initially recognised at historical cost or transaction							value unless			otherwise			stated in		the relevant				accounting
policy notes.
Going concern
The trustees consider that		there are no material uncertainties							about the charity's					ability to continue					as a going
concern nor any significant		areas ofuncertainty			that affect the				canying			value	ofassets held by				the charity.
Exemption from preparing acash flow statement
The charity opted to early		adopt Bulletin I	published				on 2 February 2016and have therefore									not included				a cash
flow statement in these financial statements.

				Unrestricted	funds	Restricted	Total
				Designated	General	funds	funds
							g
Donations	and	legacies;
Donations from			individuals	3,239	16,139	14,095	33,473
Gift aid	reclaimed				2,000	939	2,939
Grants, including			capital grants;
Government		grants			1,500	82,780	84,280
Grants	from other charities			5,569		204,122	209,691
Total for	2023			8,808	19,639	301,936	330,383
Total for	2022			2,173	13,351	481,494	497,018

4 Income from other trading activities
	Unrestricted
	funds	Total
	General	funds
		K
Trading income;
Sales ofgoods and services	5,383	5,383
Total for 2023	5,383	5,383

		Unrestricted
		funds	Total
		General	funds
Interest receivable	and similar income;
Interest receivable on bank deposits		2,281	2,281
Total for 2023		2,281	2,281
Total for 2022		937	937

			Unrestricted	funds	Restricted	Total
			Designated	General	funds	funds
		Note
Enhance
Bournemouth	Parks
&Green Spaces			266	16,346	343,333	359,945
Depreciation,
amortisation	and
other sunilar	costs				5,757	5,757
Staffcosts				67,640	174,882	242,522
Governance	costs			650		650
Total for 2023			266	84,636	523,972	608,874
Total for 2022			618	159,627	728,193	888,438

The aggregate payr	oll costs were as follows;
		2023	2022
Staffcosts during	the year were:
Wages and salaries		217,656	240,072
Social security costs		16,505	15,127
Pension costs		8,361	8,248
		242,522	263,447

The monthly	average	number	number	persons	(including	senior management	/ leadership	team) employed	team) employed	by the
charity during	the year	expressed as fug time equivalents				was as follows:
							2023		2022
							No		No
Average number ofemployees								13		13
No employee	received	emoluments		ofmore	than f60,000 during the year.
9 Taxation
The charity is	a registered		charity	and is therefore exempt		from taxation.
10 Tangible	fixed assets
							Furniture and
							equipment		Total
										K
Cost t ApriT2022							———19;47~9,470
Additions								14,628		14,628
Disposals								(4,773)		(4,773)
At 31March	2023							29,325		29,325
Depreciation
At 1 A ril 2022								15,307		15,307
Charge for the year								5,757		5,757
Eliminated on disposals								(2,710)		(2,710)
At 31March	2023							18,354		18,354
Net book value
At 31March	2023							10,971		10,971
At 31March	2022							4,163		4,163

11Fixed asset investments	11Fixed asset investments
Other investments
Other investments
			Unlisted
			investments		Total
Cost orValuation
Additions
At 31March 2023
Net book value
At 31March 2023				1	1
12=Stock
			2023		2022
Stocks					3,729
13 Debtors
Trade debtors			24,100		1,738
Prepayments					970
Accmed income					238
			24,100		2,946
14 Cash and cash equivalents
			2023		2022
Cash at bank			246,258		547,031
15 Creditors: amounts	falHng due within	one year
			2023		2022
Trade creditors					8,371
Other taxation and social	security		3		3
Other creditors			2,960		4,509
Accruals					685
			2,963		13,568

17 Funds
							Balance at
			Balance atI	Incoming	Resources		31March
			April 2022	resources	expended	Transfers	2023
					g		8
Unrestricted funds
General
General			175,430	28,698	(84,638)	68,765	188,255
Designated
Hengistbury Head
Roundhouse			1,318	930		(2i)	2,221
Wildlife Camera			2,155	767		(113)	2,809
Poole Park			885	287		(43)	1,129
Dogdrink			333			(333)
Kingfisher Barn				5,569	(266)		5,303
Canford Heath Fire				1,254			1,254
Total unrestricted	funds		180,121	37,505	(84,904)	68,249	200,971
Restricted funds
Aviary			69,237	5,068	(45,675)	(20,382)	8,248
Parks in Mind			4,285	30,419	(31,029)	(2,400)	1,275
Future Parks (Urban
Greening)			157,221	82,557	(185,792)	(23,421)	30,565
Contactless Donations		Trial	21,779		(3,244)	(5,000)	13,535
Nature Recovery	Project
(lncl Climate Change)			88,567	134,105	(205,063)	5,663	23,272
Winton Cafe Equipment			4,874			(4,874)
Play Parks			13,410			(13,410)
Pilot Parks			4,390	34		(4,424)
Park Yoga			417	2,839	(2,754)		502
Poole Park Railway Give Nature A Go				50,000 415	(50,000) ~4(5
Total restricted funds			364,189	3115,437	~(523,972	(68,2481	77 397
Total funds			544,301	342,942	(608,876)	1	278,368

18 Analysis ofnet assets bet	ween funds
				Total funds at
	Unrestricted	funds	Restricted	31March
	General	Designated	funds	2023
		8
Tangible fixed assets	10,971			10,971
Fixed asset investments	1			1
Current assets Current liabilities	180,245 ~(2,963	12,716	77,397	270,358 (2,963)
Total net assets	188,254	12,716	77,397	278,367
				Total funds at
	Unrestricted	funds	Restricted	31March
	General	Designated	funds	2022
Tangible fixed assets	4,163			4,163
Current assets Current liabilities	184,836 ~((3,568	4,691	364,179	553,706 ~((3,568
Total net assets	175,431	4,691	364,179	544,301

		Unrestricted	Funds
			Total	Total
			Unrestricted	Uurestricted
			Funds	Funds
			2023	2022
Income and Endowments		from:
Donations and legacies			28,447	15,524
Charitable activities			360	8,987
Other trading activities			5,383	132,864
Investment income			2,281	937
Other income			1,034
Total income			37,505	158,312
Expenditure on:
Charitable activities			(84,902)	(160,245)
Total expenditure			~84,902	~160,246
Net expenditure			(47,397)	(1,933)
ransfetx betweenWnd			68247	617193
Net movement in funds			20,850	59,260
Reconciliation offunds
Total funds brought	forward		180,121	120,861
Total funds carried	forward		200,971	180,121

	Restricted	Funds
		Total	Total
		Restricted—	Restricted
		Funds	Funds
		2023	2022
Income and Endowments	from:
Donations and legacies		301,936	481,494
Charitable activities		3,500	2,763
Total income		305,436	484,257
Expenditure on:
Charitable activities		(523,972)	(728,193)
Total expenditure		(523,972)	(728,193)
Net expenditure Transfers between funds		(218,536) ~68,2477	(243,936) ~66l,l93
Net movement in funds		(286,783)	(305,129)
Reconciliationmffund
Total funds brought forward		364,179	669,309
Total funds carried forward		77,396	364,180