| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 to | 6 | ||
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 9 to | 10 | ||
| Notes to the Financial | Statements | 11 to | 17 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrcstrictcd | Rcstrictcd | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | f. | |||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
21,415 | 129,400 | 150,815 | 160,021 | ||||
| Charitable activities |
||||||||
| Venue rental | 74,446 | 74,446 | 11,400 | |||||
| Training income |
210 | 210 | ||||||
| Investment income |
10 | 10 | 49 | |||||
| Total | 96081 | 129,400 | 225 481 | 171470 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | 851 | 5,279 | 6, 130 | 4,920 | ||||
| Charitable activities |
||||||||
| LSAP Bike projects | 2,277 | |||||||
| LSAP Inclusion projects | 2,651 | |||||||
| LSAP Centre management | 26,464 | 26,464 | 16,214 | |||||
| Governance | 2,490 | 2,490 | 2,496 | |||||
| LSAP General play |
39,018 | 63,524 | 102,542 | 46,718 | ||||
| Depreciation | 23,686 | 23,686 | 21,270 | |||||
| Secret santa | 5,400 | 5,400 | 5,400 | |||||
| Covid lockdowns | 2,183 | 1,760 | 3,943 | 59,653 | ||||
| Other | 13 | |||||||
| Total | 71,019 | 99649 | 170668 | 161,612 | ||||
| NET INCOME Traasfers between |
funds | 14 | 25,062 (2 705) |
29,751 ~2705 |
54,813 | 9,858 | ||
| Net movement in funds |
22,357 | 32,456 | 54,813 | 9,858 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 61,581 | 452,123 | 513,704 | 503,846 | |||
| TOTAL FUNDS CARRIED FORWARD | 83 938 | 484 579 | 568 517 | ~513704 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrcstrictcd | Rcstrictcd | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | |||||
| FIXEDASSETS | ||||||
| Tangible assets |
19,222 | 438,015 | 457,237 | 468,843 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 4,705 | 4,705 | 7,875 | ||
| Cash at bank and in hand | 88,906 | 46,564 | 135470 | 70,909 | ||
| 93,611 | 46,564 | 140,175 | 78,784 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 11 | (8,895) | (8,895) | (8,923) | |
| NET CURRENT ASSETS | 84.716 | 46 564 | 131 280 | 69,861 | ||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 103,938 | 484,579 | 588,517 | 538,704 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one |
||||||
| year | 12 | (20,000) | (20,000) | (25,000) | ||
| NET ASSETS | 83 938 | 484 579 | 568517 | 513 7114 | ||
| FUNDS | 14 | |||||
| Unrestricted funds |
83,938 | 61,581 | ||||
| Restricted funds |
484579 | 452123 | ||||
| TOTAL FUNDS | 568517 | 513 704 |
| DONATIONS AND LEGA |
CIES | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Donations | 11,596 | 14,977 | |||
| Grants | 139219 | 145,044 | |||
| 150 815 | 160021 | ||||
| Donations tncludc 81,682.25 Gtfi Aid rcclatm. |
|||||
| Grants received, included in |
the above, are as | follows: | |||
| 2022 | 2021 | ||||
| Grants-Unrestricted (HMG-COVID Retail, Hospitality, Leisure |
16,000 | 25,000 | |||
| Grant) | |||||
| Grants-Unrestricted (Power |
to Change-COVID | Trading Loss Grant) | 21,409 | ||
| Grants-Inclusion project (Children in Need) |
30,208 | ||||
| Grants-New building phase |
I- (Veolia Enviromental | Trust) | 34,750 | ||
| Grants-CJRS ('Furlough' Grant) |
5,526 | 36,427 | |||
| Grants- Fundraising Support |
( Mayor's Office) | 5,279 | |||
| Grants-Awards for Alt-Skateboard Half Pipe |
9,740 | ||||
| Grants-Centre Management, |
Business support | (Mayor's Office) | 4,400 | ||
| Grants-General Play (Lambeth Council- HAF |
Programme) | 31,350 | |||
| Grants-General play (Lambeth Council —EIPS) |
32 174 | 32 000 | |||
| ~139219 | 145044 | ||||
| INVESTMENT INCOME | |||||
| 2022 | 2021 | ||||
| Deposit account interest | 10 | 49 |
| INCOME F | ROM CHA | RITABLE ACTIVITIES | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Venue | Training | Total | Total | ||
| rental | income | activities | activities | ||
| f. | f | ||||
| Venue rental | 74,446 | 74,446 | 11,400 | ||
| Sundry income | 210 | 210 | |||
| 74 446 | 210 | 74 656 | 11400 | ||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2022 | 2021 | ||||
| f. | |||||
| Depreciation | - owned assets | 23 686 | 21 270 |
| STAFF COSTS | ||
|---|---|---|
| 2022 | 2021 | |
| Wages | f96,617.41 | f,100,160.29 |
| Social security | f.4,579.85 | f4,798.01 |
| Pensions | f1,223.03 | 8343.11 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Payroll statf | 13 | 10 | ||
| No employees | received emoluments | in excess off60,000. |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Fixtures | |||
| Land and | and | ||
| buildings | fittings | Totals | |
| f | |||
| COST | |||
| At 1 April 2021 Additions |
531,756 | 12080 | 531,756 ~12080 |
| At 31 March 2022 | 531 756 | 12080 | 543,836 |
| DEPRECIATION | |||
| At 1 April 2021 |
62,913 | 62,913 | |
| Charge for year | 21270 | 2416 | 23 686 |
| At 31 March 2022 | 84 183 | 2,416 | 86 599 |
| NET BOOK VALUE | |||
| At 31 March 2022 | 447 573 | 9664 | 457 237 |
| At 31 March 2021 | 468 843 | 468 843 | |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| Trade debtors (Pitch Hire) | 4 705 | 7 875 |
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YE | AR | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Other loans (see note 13) | 5,000 | 5,000 | ||
| Trade creditors | 1,495 | 1,523 | ||
| Accrued expenses | 2400 | 2 400 | ||
| 8 895 | 8 923 | |||
| CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||
| 2022 | 2021 | |||
| f, | ||||
| Other loans (see note 13) | 20 000 | ~25 000 | ||
| LOANS | ||||
| An analysis ofthe maturity ofloans is given below: | ||||
| 2022 | 2021 | |||
| Amounts falling due within Loans |
one year on demand: | ~5U00 | ~5000 | |
| Amounts falling due in more than five years: |
||||
| Repayable by instalments: |
||||
| Other loans morc 5yrs instal | 20,000 | 25,000 | ||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/21 | in funds | funds | 31/3/22 | |
| g | ||||
| Unrestricted funds |
||||
| General fund |
61,581 | 25,062 | (2,705) | 83,938 |
| Restricted funds |
||||
| Land and buildings | 449,621 | (4,034) | 445,587 | |
| total restricted funds |
301 | 301 | ||
| General play | 3,767 | 2,404 | 6,171 | |
| Centre management | 4,400 | 4,400 | ||
| Volunteering | 425 | 425 | ||
| Secret santa | 2,077 | 479 | 301 | 2,857 |
| New building | 15,098 | 15,098 | ||
| Skateboard Half Pipe |
9740 | 9740 | ||
| 452 123 | 29,751 | 2 705 | 484 579 | |
| TOTAL FUNDS | 513704 | 54813 | 568 517 |
| Incomtng | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
96,081 | (71,019) | 25,062 |
| Restricted funds |
|||
| Land and buildings | 19,652 | (23,686) | (4,034) |
| total restricted funds |
301 | 301 | |
| Grants | 5,279 | (5,279) | |
| General play | 67,291 | (63,524) | 3,767 |
| Centre management | 4,400 | 4,400 | |
| Secret santa | 5,879 | (5,400) | 479 |
| New building | 15,098 | 15,098 | |
| Covid Lockdowns | 1,760 | (1,760) | |
| Skateboard Half Pipe |
9740 129400 |
~99649) | 9,740 29751 |
| TOTAL FUNDS | 225 481 | ~170668) | 54 813 |
| Net | Transters | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At I/4/20 | in funds | funds | 31/3/21 | |||
| Unrestricted | funds | |||||
| General fund |
43,811 | 32398 | (14,528) | 61,581 | ||
| Restricted funds |
||||||
| Land and buildings | 431,597 | (21270) | 39,294 | 449,621 | ||
| Inclusion pro | jects | 27,557 | (27,557) | |||
| Bike projects | 1,658 | (1,658) | ||||
| General play | (4,362) | 4,362 | ||||
| Vo1unteenng | 425 | 425 | ||||
| Secret santa | 685 | 488 | 904 | 2,077 | ||
| Ncw building Covid Lockdowns |
25,670 460,035 |
~23,195) ~22 440) |
(25,670) 23 195 14528 |
452, | 123 | |
| TOTAL FUNDS | 503 846 | 9858 | 513 | 704 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
66,947 | (34,649) | 32,298 |
| Restricted funds |
|||
| Land and buildings | (21,770) | (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 Covid Lockdowns |
5,888 36,427 |
(5,400) ~69622 |
488 ~23 195) |
| 104523 | ~126963) | 22 440 | |
| TOTAL FUNDS | 171470 | ~161612) | 9 858 |