2023-03-31-accounts - Kennington Association

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		Page
Report ofthe Trustees	l	to	6
Iudependent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	9	to	IO
Notes to the Financial Statements	11	to	19
Detailed Statement ofFinancial Activities	20	to	21

				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f.
FIXEDASSETS
Tangible assets	9	19,222	414,727	433,949	457,237
CURRENT ASSETS
Debtors	10	5,496	(280)	5,216	4,705
Cash at bank and in hand		124,898	82,787	207,685	135,470
		130,394	82,507	212,901	140,175
CREDITORS
Amounts falling due within one year	11	(8,578)	(101)	(8,679)	(8,895)
NET CURRENT ASSETS		121,816	82,406	204,222	131,280
TOTAL ASSETSLESSCURRENT
LIABIL1TIES		141,038	497,133	638,171	588,517
CREDITORS
Amounts falling due alter more than one year	12	(20,000)	5,000	(15,000)	(20,000)
NET ASSETS		121,038	502,133	623,171	568,517
FUNDS	14
Unrestricted funds				121,038	83,938
Reshicted funds				502,133	484,579
TOTAL FUNDS				623,171	568,517

DONATIONS	AND LEGACIES
			2023	2022
			g
Donations			6,159	11,596
Grants			172,302	139,219
			178,461	150,815
Donations include 8921.99Gift Aid reclaim.
Grants received, included in the above, are as follows:
			2023	2022
			8
Grants-Uiirestricted (HMG-COVID Retail, Hospitality, Leisure Grant)				16,000
Grants-New building phase I- (Veolia Enviromental		Tmst)		34,750
Grants-CJRS ('Furlough' Grant) Grants- Fundraising Support ( Mayor's Office)				5,526 5,279
Grants-Awards	for All-Skateboard Half Pipe			9,740
Grants-Centre	Management, Business support (Mayoi"s Office)			4,400
Grants-General	Play (Lambeth Council- HAF Programme)		34,413	31,350
Grants-General	play (Lambeth Council - EIPS)		32,000	32,174
Grants- Power	to Change - Resilience		10,000
Grants -Big Lottery			54,120
Grants-London	Community Fund-Bike Project		9,009
Grants-London	Community Fund - Cooking		9,760
Grants -Childhood Trust- foods			2,000
Garfield Weston Foundation -Core Funding			20,000
Arnold Clarke	- Core Funding		1,000
			172,302	139,219

3,	INVESTMENT INCOME	INVESTMENT INCOME
			2023	2022
	Deposit account interest		223	10
4.	INCOME FROM CHARITABLE ACTIVITIES
			2023	2022
			Venue	Total
			rental	activities
				f,
	Venue rental		71,106	74,446
	Sundry income			210
			71,106	74,656
5.	NET INCOME/(EXPENDITURE)
	Net income/(expendinue)	is stated after charging/(crediting):
			2023	2022
	Depreciation - owned assets		23,787	23,686

		2023	2022
Payroll	staff	11	13

		Notes to the Financial Statements - continued	Notes to the Financial Statements - continued
			for the year ended 31March 2023
10.	DEBTORS:AMOUNTS	FALLING DUK WITHIN ONE YEAR
			2023	2022
	Trade debtors (Pitch Hire)		5,216	4,705
11.	CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR
			2023	2022
			8
	Other loans (see note 13)		5,000	5,000
	Trade creditors		1,279	l,495
	Accmed expenses		2,400	2,400
			8,679	8,895
12.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			2023	2022
	Other loans (see note 13)		15,000	20,000
13.	LOANS
	An analysis ofthe maturity		ofloans is given below:
			2023	2022
	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 5yrs instal		15,000	20,000

MOVEMENT IN F	UNDS
			Net	Transfers
			movement	between	At
		At 1/4/22	in funds	funds	31/3/23
		f.		f.
Unrestricted funds
General fund		83,938	43,720	(6,620)	121,038
Rests icted funds
Land and buildings		445,587	(23,787)		421,800
total restricted funds		301		(301)
Bike projects			9,009		9,009
General play		6,171	(13,092)	6,921
Centre management		4,400	(857)		3,543
Volunteedng		425			425
Secret santa		2,857	(563)		2,294
New building		15,098			15,098
Skateboard Half Pipe		9,740			9,740
Childhood Trust -Food			16		16
Power to Change - Resilience			3,355		3,355
Big Lottety grant London Community	Fund Cooking		27,093 9,760		27,093 9,760
		484,579	10,934	6,620	502,133
TOTAL FUNDS		568,517	54,654		623,171

		Incoming	Resources	Movement
		resources	expended	in funds
			8
Unrestricted funds
General fund		159,729	(116,009)	43,720
Restricted funds
Land and buildings		(I)	(23,786)	(23,787)
Bikeprojects		9,009		9,009
General play		(280)	(12,812)	(13,092)
Centre management			(857)	(857)
Secret santa		5,437	(6,000)	(563)
Childhood Trust -Food		2,015	(1,999)	16
Power to Change -	Resilience	10,001	(6,646)	3,355
Big Lottery grant London Community	Fund Cooking	54,120 9,760	(27,027)	27,093 9,760
		90,061	(79,127)	10,934
TOTAL FUNDS		249,790	(195,136)	54,654

		Detailed Statement ofFinancial Activities
		for the year ended 31 March 2023
			2023	2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations			6,159	11,596
Grants			172,302	139,219
			178,461	150,815
Investment income
Deposit account interest			223	10
Charitable activities
Venue rental			71,106	74,446
Sundry income				210
			71,106	74,656
Total incoming resources			249,790	225,481
EXPENDITURE
Raising donations	and legacies
Raising Funds			5,811	6,130
Charitable activities
Covid Lockdowns				3,943
Activities			1,828	2,531
Food			17,901
LSAP Centre Management			10,872	26,464
LSAP General Play			120,753	98,942
Secret Santa			6,000	5,400
Power to change resilience			4,845
			162,199	137,280
Support costs
Management
Sundries				13
Carried foiward				13

	DetaUed Statement ofFinanctal Activities
	for the year ended 31March 2023
		2023	2022
Management
Brought forward		8	13
Accountancy		3,283	3,559
Bank charges		49
		3,340	3,572
Finance
Depn ofland and buildings		21,270	21,270
Fbitures and fittings		2,516	2,416
		23,786	23,686
Total resources expended		195,136	170,668
Net income		54,654	54,813