COMPANY REGISTRATION NUMBER: CE005287 CHARITY REGISTRATION NUMBER: 1165347
SLADE GARDENS COMMUNITY PLAY ASSOCIATION Company Limited by Guarantee
Unaudited Financial Statements
31 March 2022
BEGG, WILLIAMSON & CO
Chartered Certified Accountants 24 Church Road Crystal Palace London SE19 2ET
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities (including income and | |
| expenditure account) | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 16 |
| Notes to the detailed statement of financial activities | 17 |
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Reference and administrative details
Registered charity name SLADE GARDENS COMMUNITY PLAY ASSOCIATION Charity registration number 1165347 Company registration number CE005287 Principal office and registered 73 A & B Stockwell Park Road office London SW9 0DA ENGLAND The trustees R Langton - Chair J Marsh V Plowden - Secretary R Jarvis Dr. J Bulloch G J Hill O M Rubiera C Royle-Davies Independent examiner T M Begg- ACCA 24 Church Road Crystal Palace London SE19 2ET
1
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Objectives and activities
Mission Statement:
Slade Gardens Community play assoc. CIO is responsible for running of Slade Gardens Adventure Playground and has done so since 1999. We are committed to supporting, developing, and enhancing the work of this open space, covering a fenced area of some 1.25 acres. First and foremost a children's provision that manages to remain staffed and free at the point of entry without any direct grant from local or national government for our running costs. It has been a local resource for over 50 years and continues to promote essential needs for children, particularly in this densely populated inner-city area, their right to play freely, safely in a healthy and attractive environment. We believe that every young person between the ages of one to twenty-one should be able to develop their social, physical and creative skills through play.
Objectives:
The Charitie's objectives are to provide facilities for the recreation and other leisure activities for the children resident in the borough of Lambeth in the Vassall and Stockwell wards, being facilities as children that have the need by reason of their youth, social or economic circumstances and will improve the condition of life for such children by promoting their physical, mental, and social wellbeing. We are particularly interested in making them aware of their relationship to the environment and the importance of sustaining it.
Activities and Funding:
As a whole the organisation and its subsidiaries has never been more active and relevant to both its immediate surroundings and the borough of Lambeth as a whole. The Edible playground after help from Urban growth and a substantial grant from the Lord Mayor of London with the particular aim of encouraging and educating children and local young people in the delights of horticulture has established a strong foundation which has blossomed with the help of some keen local gardeners, many volunteers from around London and the world, our resident gardener Anke Zeller who has worked successfully with our OOCC introducing parent- children gardening sessions, including two teenagers participating in their Duke of Edinburgh award. And more.
We hope to retain a playworker with expertise in gardening on a permanent basis with original intention to encourage those who use the APG to take a more active role in this facility. So that we can increase the number of children that participate in Bee Keeping (200 jars of honey this year) and gardening.
There are plans afoot to turn the wild area next to the mural into an orchard. We had a busy summer holiday with the children averaging 110 a day for APG and 45 per day for the Stay and Play.
One of the main provisions for us this summer was providing hot meals and fresh fruit and veg. This came about because Lambeth applied for a grant from the government to provide meals for the children. In order for Susan Acland -Hood the Permanent secretary for the dept. of education to approve this grant Lambeth chose ourselves and one other to help her decide. She arrived on a bike and spent the best part of an hour helping the children plant seeds.
October saw an average of 60 children a day and this was stimulated by the offer of a hot meal provided by the efforts of the play workers and at the APG's cost. Providing child care for families, a safe place for the children of Lambeth to play and a hot meal, is proving to be more relevant to our objectives more than ever before.
2
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Well further activities are promised with a number of different after school clubs culminating with our first youth club for many years. Other activities include football club, up-cycling, cooking and drama club. The APG is now a registered accredited centre, providing AQA certificates for those involved in our training and work experience projects.
During the covid lockdown the APG developed a method of getting children with SEN special/ additional educational needs to use the facilities of the APG. It was very important to many of those families as an outlet for a very stressful time. Those same children now come on the playground when we are full and play with the other children.
The New Building
We are in process at moment of discussion our third approach to finding a new building that we can afford with TGE Estates. They have come up with a design as large as the previous building but with a simpler building remit. The cost for this building will be in the region of 1.6 million and with our grant from Lambeth which we understand is still in the CIL account we feel more confident that we can raise the remaining £600,000 to get this project of the ground.
The important thing is, as of July 2022 we were granted a lease securing SGCPA and all those that share the site for another 20 years.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
R Langton - Chair Trustee
V Plowden - Secretary Trustee
Dr. J Bulloch Trustee
C Royle-Davies Trustee
3
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Year ended 31 March 2022
I report to the trustees on my examination of the financial statements of SLADE GARDENS COMMUNITY PLAY ASSOCIATION ('the charity') for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
T M Begg- ACCA Independent Examiner
24 Church Road Crystal Palace London SE19 2ET
4
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 21,010 | 158,143 | 179,153 | 124,604 |
| Charitable activities | 6 | 8,591 | – | 8,591 | 44 |
| Investment income | 7 | 4 | – | 3 | 124 |
| ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 29,605 | 158,143 | 187,747 | 124,772 | |
| ============================ | ================================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising donations and | |||||
| legacies | 8 | – | 119,893 | 119,893 | 99,635 |
| ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | – | 119,893 | 119,893 | 99,635 | |
| ============================ | ================================ | ================================ | ================================ | ||
| ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net income and net movement in | funds | 29,605 | 38,250 | 67,854 | 25,137 |
| ============================ | ================================ | ================================ | ================================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 131,025 | (29,987) | 101,038 | 75,901 | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 160,630 | 8,263 | 168,893 | 101,038 | |
| ================================ | ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.
5
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 632 | 843 |
| Current assets | |||
| Cash at bank and in hand | 171,260 | 103,195 | |
| Creditors: amounts falling due within one year | 14 | 3,000 | 3,000 |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 168,260 | 100,195 | |
| -------------------------------- | -------------------------------- | ||
| Total assets less current liabilities | 168,892 | 101,038 | |
| -------------------------------- | -------------------------------- | ||
| Net assets | 168,892 | 101,038 | |
| ================================ | ================================ | ||
| Funds of the charity | |||
| Restricted funds | 8,263 | (29,987) | |
| Unrestricted funds | 160,630 | 131,025 | |
| -------------------------------- | -------------------------------- | ||
| Total charity funds | 16 | 168,893 | 101,038 |
| ================================ | ================================ |
For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
R Langton - Chair Trustee
V Plowden - Secretary Trustee
Dr. J Bulloch Trustee
C Royle-Davies Trustee
The notes on pages 7 to 14 form part of these financial statements.
6
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 73 A & B Stockwell Park Road, London, SW9 0DA, ENGLAND.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
7
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
8
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
9
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Financial instruments (continued)
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The Charity is registered as a charitable incorporated organisation, having no share capital.
10
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| The Young Lambeth co-op | – | – | – |
| Stockwell park residents | – | – | – |
| SPRA revolving dinner | – | – | – |
| Lambeth community hub | – | – | – |
| Hibbert foundation -Turcan | – | 20,000 | 20,000 |
| Q foundation | – | 31,500 | 31,500 |
| Sundry donations & grants | 14,480 | – | 14,480 |
| Friends of Slade Gardens | – | 348 | 348 |
| Stripe payments UK | – | – | – |
| Givey Ltd- Fundraising | – | – | – |
| Power to Change Trust | – | – | – |
| Pinebridge Global funds | – | – | – |
| Longfield Sgapveilia | – | – | – |
| Hire Revenue | 2,730 | – | 2,730 |
| SEND Sessions | 3,800 | – | 3,800 |
| Grants | |||
| Grants | – | 106,295 | 106,295 |
| ---------------------------- | -------------------------------- | -------------------------------- | |
| 21,010 | 158,143 | 179,153 | |
| ============================ | ================================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| The Young Lambeth co-op | – | 4,250 | 4,250 |
| Stockwell park residents | 300 | – | 300 |
| SPRA revolving dinner | 5,400 | – | 5,400 |
| Lambeth community hub | – | 18,923 | 18,923 |
| Hibbert foundation -Turcan | – | 14,427 | 14,427 |
| Q foundation | – | – | – |
| Sundry donations & grants | 8,004 | – | 8,004 |
| Friends of Slade Gardens | – | – | – |
| Stripe payments UK | 278 | – | 278 |
| Givey Ltd- Fundraising | – | 22,467 | 22,467 |
| Power to Change Trust | – | 4,500 | 4,500 |
| Pinebridge Global funds | – | 42,455 | 42,455 |
| Longfield Sgapveilia | – | 3,600 | 3,600 |
| Hire Revenue | – | – | – |
| SEND Sessions | – | – | – |
| Grants | |||
| Grants | – | – | – |
| ---------------------------- | -------------------------------- | -------------------------------- | |
| 13,982 | 110,622 | 124,604 | |
| ============================ | ================================ | ================================ |
11
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
6. Charitable activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Sales Herb / Urban garden | 1,208 | 1,208 | 44 | 44 | |
| Sales Fireworks | 7,383 | 7,383 | – | – | |
| ----------------------- | ----------------------- | -------------- | -------------- | ||
| 8,591 | 8,591 | 44 | 44 | ||
| ======================= | ======================= | ============== | ============== | ||
| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 4 | 3 | 124 | 124 | |
| ============== | ============== | ============== | ============== | ||
| 8. | Costs of raising donations and legacies | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Costs of raising donations and legacies | – | 96,142 | 96,142 | ||
| Costs of raising donations and legacies | – | 23,751 | 23,751 | ||
| -------------- | -------------------------------- | -------------------------------- | |||
| – | 119,893 | 119,893 | |||
| ============== | ================================ | ================================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Costs of raising donations and legacies | 17,601 | 23,454 | 41,054 | ||
| Costs of raising donations and legacies | – | 58,580 | 58,581 | ||
| ---------------------------- | ---------------------------- | ---------------------------- | |||
| 17,601 | 82,034 | 99,635 | |||
| ============================ | ============================ | ============================ | |||
| 9. | Net income | ||||
| Net income is stated after charging/(crediting): | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 211 | 473 | |||
| ============== | ============== | ||||
| 10. | Independent examination fees | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial | statements | 3,000 | 3,000 | ||
| ======================= | ======================= |
12
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
11. Staff costs
The average head count of employees during the year was 8 (2021: 5).
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
12. Trustee remuneration and expenses
no remuneration or other benefits from employment with the charity or a related entity were received by the trustees
No trustee expenses have been incurred.
13. Tangible fixed assets
| Fixtures and | ||
|---|---|---|
| fittings | ||
| £ | ||
| Cost | ||
| At 1 April 2021 and 31 March 2022 | 4,593 | |
| ======================= | ||
| Depreciation | ||
| At 1 April 2021 | 3,750 | |
| Charge for the year | 211 | |
| ----------------------- | ||
| At 31 March 2022 | 3,961 | |
| ======================= | ||
| Carrying amount | ||
| At 31 March 2022 | 632 | |
| ======================= | ||
| At 31 March 2021 | 843 | |
| ======================= | ||
| Creditors: amounts falling due within one year | ||
| 2022 | 2021 | |
| £ | £ | |
| Accruals and deferred income | 3,000 | 3,000 |
| ======================= | ======================= |
14. Creditors: amounts falling due within one year
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £883 (2021: £840).
13
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
16. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | ||
| Unrestricted fund - General funds | 131,025 | 29,605 | – | 160,630 | |
| ================================ | ============================ | ============== | ================================ | ||
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2020 | Income | Expenditure | 21 | ||
| £ | £ | £ | £ | ||
| Unrestricted fund - General funds | 134,476 | 14,150 | (17,601) | 131,025 |
|
| ================================ | ============================ | ============================ | ================================ | ||
| Restricted funds | |||||
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | ||
| Restricted Funds | (29,987) | 158,143 | (119,893) | 8,263 |
|
| ============================ | ================================ | ================================ | ======================= | ||
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2020 | Income | Expenditure | 21 | ||
| £ | £ | £ | £ | ||
| Restricted Funds | (58,575) | 110,622 | (82,034) | (29,987) |
|
| ============================ | ================================ | ============================ | ============================ |
14
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Management Information
Year ended 31 March 2022
The following pages do not form part of the financial statements.
15
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| 2022 | 2021 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| The Young Lambeth co-op | – | 4,250 |
| Stockwell park residents | – | 300 |
| SPRA revolving dinner | – | 5,400 |
| Lambeth community hub | – | 18,923 |
| Hibbert foundation -Turcan | 20,000 | 14,427 |
| Q foundation | 31,500 | – |
| Sundry donations & grants | 14,480 | 8,004 |
| Friends of Slade Gardens | 348 | – |
| Stripe payments UK | – | 278 |
| Givey Ltd- Fundraising | – | 22,467 |
| Power to Change Trust | – | 4,500 |
| Pinebridge Global funds | – | 42,455 |
| Longfield Sgapveilia | – | 3,600 |
| Hire Revenue | 2,730 | – |
| SEND Sessions | 3,800 | – |
| Grants | 106,295 | – |
| -------------------------------- | -------------------------------- | |
| 179,153 | 124,604 | |
| -------------------------------- | -------------------------------- | |
| Charitable activities | ||
| Sales Herb / Urban garden | 1,208 | 44 |
| Sales Fireworks | 7,383 | – |
| ----------------------- | -------------- | |
| 8,591 | 44 | |
| ----------------------- | -------------- | |
| Investment income | ||
| Bank interest receivable | 3 | 124 |
| -------------- | -------------- | |
| -------------------------------- | -------------------------------- | |
| Total income | 187,747 | 124,772 |
| ================================ | ================================ |
16
SLADE GARDENS COMMUNITY PLAY ASSOCIATION
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Costs of raising donations and legacies | ||
| Wages and salaries | 71,045 | 20,341 |
| Pension costs | 883 | 840 |
| Outings and activities | 22,723 | 8,701 |
| Tuck shop food | – | 260 |
| Fundraising expenses | 1,491 | 10,912 |
| ---------------------------- | ---------------------------- | |
| 96,142 | 41,054 | |
| ---------------------------- | ---------------------------- | |
| Costs of raising donations and legacies Other | ||
| Light and heat | 1,165 | 1,653 |
| Repairs, maintenance and cleaning | 7,581 | 17,909 |
| Insurances | 2,977 | 2,057 |
| Legal, professional and consultancy fees | 10,398 | 34,082 |
| Telephone and internet | 1,153 | 1,286 |
| General office costs | 266 | 1,035 |
| Depreciation | 211 | 559 |
| ---------------------------- | ---------------------------- | |
| 23,751 | 58,581 | |
| ---------------------------- | ---------------------------- | |
| -------------------------------- | ---------------------------- | |
| Costs of raising donations and legacies | 119,893 | 99,635 |
| ================================ | ============================ |
17