| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 10 to | 11 | |
| Notes to the Financial Statements | 12 to | 19 | |
| Detailed Statement ofFinancial Activities | 20 | to | 21 |
| for the | year en | ded 31March | 2021 | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
2 | 55,498 | 104,523 | 160,021 | 292, 194 | ||
| Charitable activities |
|||||||
| Venue rental | 11,400 | 11,400 | 61,760 | ||||
| Investment income |
49 | 49 | 261 | ||||
| Total | 66,947 | 104,523 | 171,470 | 354,215 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 4,920 | 4,920 | 3,720 | ||||
| Charitable activities |
|||||||
| LSAP Bike projects | 619 | 1,658 | 2,277 | 6,176 | |||
| LSAP Inclusion projects | 2,651 | 2,651 | 34,652 | ||||
| LSAP Young builders | 17,646 | ||||||
| LSAP Centre management | 16,214 | 16,214 | 27,231 | ||||
| Governance | 2,496 | 2,496 | 2,460 | ||||
| LSAP General play | 10,356 | 36,362 | 46,718 | 58,000 | |||
| Depreciation | 21,270 | 21,270 | 19,698 | ||||
| Secret santa | 5,400 | 5,400 | 4,000 | ||||
| Covid lockdowns | 31 | 59,622 | 59,653 | ||||
| Other | 13 | 13 | 13 | ||||
| Total | 34,649 | 126,963 | 161,612 | 173,596 | |||
| NET INCOME/(EXPENDITURE) | 32,298 | (22,440) | 9,858 | 180,619 | |||
| Transfers between | funds | 14 | (14,528) | 14,528 | |||
| Net movement in funds |
17,770 | (7,912) | 9,858 | 180,619 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 43,811 | 460,035 | 503,846 | 323,227 | ||
| TOTAL FUNDS CARRIED FORWARD | 61,581 | 452,123 | 513,704 | 503,846 |
| 2. | DONATIONS AND LEGACIE |
S | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Donations | 14,977 | 3,577 | |||
| Grants | 145,044 | 288,617 | |||
| 160,021 | 292,194 | ||||
| Donations include f.1,089Gift Aid reclaim. |
|||||
| Grants received, included in the above, are as |
follows: | ||||
| 2021 | 2020 | ||||
| Grants-Unrestricted (HMG-COVID Retail,Hospitality, Leisure |
25,000 | ||||
| Grant) | |||||
| Grants-Unrestricted (Power to Change-COVID |
Trading Loss Grant) | 21,409 | |||
| Grants-Inclusion project (Children |
in Need) | 30,208 | 14,808 | ||
| Grants-General play (Lambeth Council) |
32,000 | 31,725 | |||
| Grants-Bike project (Groundwork | London) | 1,990 | |||
| Grants-Centre management (Power to Change, |
Comic Relief) | 1,997 | |||
| Grants-Young builders (Children |
in Need) | 9,997 | |||
| Grants-Volunteering (Volunteering |
Matters) | 100 | |||
| Grants-New building phase 1- (Power for Change) |
228,000 | ||||
| Grants-C JRS ('Furlough' Grant) |
36,427 | ||||
| 145,044 | 288,617 | ||||
| 3. | INVESTMENT INCOME | ||||
| 2021 | 2020 | ||||
| Deposit account interest | 49 | 261 |
| 2021 | 2020 | ||
|---|---|---|---|
| Venue | Total | ||
| rental | activities | ||
| Venue | rental | 11,400 | 61,760 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Depreciation | -owned | assets | 21,270 | 19,699 |
| STAFF COSTS | ||
|---|---|---|
| 2021 | 2020 | |
| Wages | Z100,160.29 | f.86,603.58 |
| Social security Pensions |
K4,798.01 f.343.11 |
K4,213.30 f960.88 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Land and | |||
| buildings | |||
| COST | |||
| At 1 April 2020 | 492,462 | ||
| Additions | 39,294 | ||
| At 31March 2021 | 531,756 | ||
| DEPRECIATION | |||
| At 1 April 2020 | 41,643 | ||
| Charge for year | 21,270 | ||
| At 31March 2021 | 62,913 | ||
| NET BOOKVALUE | |||
| At 31March 2021 | 468,843 | ||
| At 31 March 2020 | 450,819 | ||
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR | ||
| 2021 | 2020 | ||
| Trade debtors (Pitch Hire) | 7,875 |
| 11. | CREDITORS: AMOUNTS FALLING DUE | WI | THIN | ONK YEAR | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Other loans (see note 13) | 5,000 | 5,000 | ||||
| Trade creditors | 1,523 | 1,414 | ||||
| Accrued expenses | 2,400 | 2,400 | ||||
| 8,923 | 8,814 | |||||
| 12. | CREDITORS: AMOUNTS FALLING DUE AFTER | MORE THAN ONE YEAR | ||||
| 2021 | 2020 | |||||
| Other loans (see note 13) | 25,000 | 30,000 | ||||
| 13. | LOANS | |||||
| An analysis ofthe maturity ofloans is given below: | ||||||
| 2021 | 2020 | |||||
| Amounts falling due within one year on demand: |
||||||
| Loans | 5,000 | 5,000 | ||||
| Amounts falling due in more than five years: |
||||||
| Repayable by instalments: | ||||||
| Other loans more Syrs instal | 25,000 | 30,000 | ||||
| 14. | MOVEMKNT IN FUNDS | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At | 1/4/20 | in funds | funds | 31/3/21 | ||
| Unrestricted funds |
||||||
| General fund | 43,811 | 32,298 | (14,528) | 61,581 | ||
| Restricted funds | ||||||
| Land and buildings | 431,597 | (21,270) | 39,294 | 449,621 | ||
| Inclusion projects | 27,557 | (27,557) | ||||
| Bike projects | 1,658 | (1,658) | ||||
| General play | (4,362) | 4,362 | ||||
| Volunteering | 425 | 425 | ||||
| Secret santa | 685 | 488 | 904 | 2,077 | ||
| New building | 25,670 | (25,670) | ||||
| Covid Lockdowns | (23,195) | 23,195 | ||||
| 460,035 | (22,440) | 14,528 | 452,123 | |||
| TOTAL FUNDS | 503,846 | 9,858 | 513,704 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 66,947 | (34,649) | 32,298 | ||
| Restricted funds | |||||
| Land and buildings | (21,270) | (21,270) | |||
| Inclusion projects | 30,208 | (2,651) | 27,557 | ||
| Bike projects | (1,658) | (1,658) | |||
| General play | 32,000 | (36,362) | (4,362) | ||
| Secret santa | 5,888 | (5,400) | 488 | ||
| Covid Lockdowns | 36,427 | (59,622) | (23,195) | ||
| 104,523 | (126,963) | (22,440) | |||
| TOTAL FUNDS | 171,470 | (161,612) | 9,858 | ||
| Comparatives for movement |
in funds | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/19 | in funds | funds | 31/3/20 | ||
| Unrestricted funds |
|||||
| General fund | 47,864 | (7,387) | 3,334 | 43,811 | |
| Restricted funds | |||||
| Land and buildings | 225,212 | 206,385 | 431,597 | ||
| Inclusion projects Bike projects |
12,250 4,000 |
(12,250) (2,342) |
1,658 | ||
| Young Builders | 5,224 | (5,224) | |||
| Volunteering | 325 | 100 | 425 | ||
| Secret santa | 1,265 | (580) | 685 | ||
| New building | 27,087 | 1,917 | (3,334) | 25,670 | |
| 275,363 | 188,006 | (3,334) | 460,035 | ||
| TOTAL FUNDS | 323,227 | 180,6]9 | 503,846 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 62,179 | (69,566) | (7,387) | |
| Restricted funds |
||||
| Land and buildings | 226,083 | (19,698) | 206,385 | |
| Inclusion projects | 14,807 | (27,057) | (12,250) | |
| Bike projects | 1,990 | (4,332) | (2,342) | |
| General play | 31,725 | (31,725) | ||
| Centre management | 1,997 | (1,997) | ||
| Young Builders | 9,997 | (15,221) | (5,224) | |
| Volunteering | 100 | 100 | ||
| Secret santa | 3,420 | (4,000) | (580) | |
| New building | 1,917 | 1,917 | ||
| 292,036 | (104,030) | 188,006 | ||
| TOTAL FUNDS | 354,215 | (173,596) | 180,619 | |
| Movement in |
Funds in 2021 |
| Detailed Statement ofFinancial Activities | ||||
|---|---|---|---|---|
| for the year ended 31March 2021 | ||||
| 2021 | 2020 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Donations | 14,977 | 3,577 | ||
| Grants | 145,044 | 288,617 | ||
| 160,021 | 292,194 | |||
| Investment income |
||||
| Deposit account | interest | 49 | 261 | |
| Charitable activities |
||||
| Venue rental | 11,400 | 61,760 | ||
| Total incoming | resources | 171,470 | 354,215 | |
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Raising Funds | 4,920 | 3,720 | ||
| Charitable activities |
||||
| Covid Lockdowns | 59,653 | |||
| LSAP Bike Project | 2,277 | 6,176 | ||
| LSAP Inclusion | Project | 2,651 | 34,652 | |
| LSAP Young Builders | 17,646 | |||
| LSAP Centre Management | 16,214 | 27,231 | ||
| LSAP General Play | 46,718 | 58,000 | ||
| Secret Santa | 5,400 | 4,000 | ||
| 132,913 | 147,705 | |||
| Support costs | ||||
| Management | ||||
| Sundries | 13 | 13 | ||
| Accountancy | 2,496 | 2,400 | ||
| 2,509 | 2,413 | |||
| Finance | ||||
| Bank charges | 60 | |||
| Depn of land and | buildings | 21,270 | 19,698 | |
| 21,270 | 19,758 |
| 2021 | 2020 |
|---|---|
| 161,612 | 173,596 |
| 9,858 | 180,619 |