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2023-03-31-accounts

COMPANY REGISTRATION NUMBER: CE005287 CHARITY REGISTRATION NUMBER: 1165347

SLADE GARDENS COMMUNITY PLAY ASSOCIATION Company Limited by Guarantee

Unaudited Financial Statements

31 March 2023

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 2023

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 6
Statement of financial activities (including income and
expenditure account) 7
Statement of financial position 8
Notes to the financial statements 9
The following pages do not form part of the financial statements
Detailed statement of financial activities 18

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2023

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 2023.

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 V Plowden - Secretary C Royle-Davies – Treasurer K Bielenberg R Jarvis M Carmichael J Bulloch G J Hill J Marsh O M Rubiera Independent examiner T M Begg- FCCA Begg Williamson and Co Chartered Certified Accountants 24 Church Road Crystal Palace London SE19 2ET

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Objectives and activities

Mission Statement

We believe that children and young people in the borough of Lambeth between the ages of one and twenty-one have the right to play freely and safely in a healthy outdoor environment. We believe such activity is important to their social, mental and physical wellbeing and as such contributes to their present and future lives.

Objectives

Our objectives are to provide free facilities for recreation and other leisure activities for the children resident in the borough of Lambeth in the Vassall and Stockwell wards, being facilities for children that, need them because 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. This same space offers a unique green respite for people of all ages in the whole community.

Origin

Rising out of the destruction of the blitz in 1944, our oasis of green space first welcomed the neighbourhood children on behalf of the council in 1962. Since 1999, when the lack of sufficient council funding threatened to close the facility, a group of concerned residents stepped up and volunteered to keep the essential local services running. Ever since then Slade Gardens Community Play Association CIO (SGCPA) has been responsible for running Slade Gardens Adventure Playground.

Demographics

Although set in the heart of Stockwell's picturesque and historic Georgian grade two conservation area and next to a green public park known as Slade Gardens, the SGCPA serves a diverse ethnic community surrounded by five large Lambeth housing estates.

We have 400+ registered families of which 75% are eligible for Free School Meals (FSM), a term used if a child's parent (or the child) is receiving one of the following benefits: Income support. Income-based Jobseeker's Allowance or Income-related Employment and Support Allowance.

The area is challenged by multiple deprivation, high levels of unemployment, increasing levels of youth gang violence associated with the revival of proximity to a drug crime hotspot, high population density, limited access to outside space and services, and an ageing population. We are one of the few spaces within easy walking distance of the surrounding five council estates that is publicly accessible, at no cost for young people and families to have free fun.

Activities

Our Adventure Playground offers one and a quarter acre of safe, staffed space where children and young people can come to play, build confidence, make new friends, develop skills & try new things. We are open to children and young people of every background between the ages of 0 - 21. We offer:

Under Five Stay & Play (U5S&P) Accompanied children are offered a range of activities in a dedicated

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

warm building with an enclosed garden/open space, that includes raised beds with gardening instruction, a mud kitchen, picnic tables, a fleet of ride-on toys, a sand pit and a Wendy House.

Adventure Playground (APG) 6 - 16-year-olds benefit from exploring the Adventure Playground and use of the Hut; after school, on Saturdays and during the school holidays. Unlike conventional play facilities, where swings and slides dictate play, adventure playgrounds are designed to challenge the children, encouraging them to make up games, and to play freely and safely in a healthy outdoor environment. First Aid trained staff assist rather than lead their discovery process. Such activity is vitally important in supporting the socialisation, growth and development of children and young adults. It builds confidence and self-respect, allows for adventurous fun, the development and refinement of fine motor skills, and provides a practical example of experiencing the difference between risks and hazards to help with decision-making.

Young adults 17 + volunteer to gain work experience, participate in Accredited Training and receive mentoring and support.

School Excursions & Group Sessions are offered to local schools to encourage and educate children and local young people in the delights of horticulture and beekeeping.

Our Wildflower and Edible Garden is open to volunteers on Saturday from 11 am to 2 pm. We harvest and sell vegetables and honey from our hives.

We welcome Corporate Volunteers to help with our repairs, maintenance and office processes.

We also offer Event Hire of the facilities, especially on Sundays. We delight in community groups using our facilities that also enhance their livelihoods and serve our 0-21-year-old community and their families.

We are an integral and founding member of Lambeth Community Hub Network and a key element of Lambeth’s 2030 plan. This year, the hub shared new templates, policies and good practices on its website and started to offer mentoring to Lambeth’s VCO community benefit.

A service to the local community as Stockwell’s Community Hub.

Funding

As a registered charity we rely 100% on volunteers, grants and donations to cover our operating costs. Our current self-sustainability efforts include earnings from our Plant and Honey sales, and venue rentals. Without any direct grant from the local or national government for our running costs, we are grateful for the generosity of others who allow us to stay open and free at the point of entry.

April 2022 to March 2023 Highlights

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

FSM children during the 5-week summer holiday program. The Holiday and Activities Food Program (HAF) provided 1750 meals over the holiday period. Attendance was higher with an average of 100+ daily at the APG and 40 at U5S&P, leaving a gap in the provision of meals of 50%. We were able to share meals; e.g. half a sandwich, encouraged consumption of fruit and yoghourts etc, to ensure that no child was excluded.

Community Hub

We were delighted to welcome the local community to connect and enjoy the following SGCPA events; Garden Open and Sale Days, Winter Play Performances, and our fabulous Fireworks & BonFire Night.

We actively encourage all local organisations to use our facilities for their events such as Stockwell Park Residents Association’s Curry & Quiz Night, Jubilee Beacon Lighting, Jubilee Picnic Celebration and the annual Summer Festival, the local Revolving Dinner Party, and Brixton Chamber Orchestra performances. We collaborate closely with St. Michael’s Church across the

road, and Girl Guides too. London Play Design brought several groups of corporate volunteers who worked on repairs and maintenance.

We partner with youth groups such as Stockwell 1st Brownies, Children's Village homeschoolers, Lambeth Family Link, LEAP, Brixton Soup Kitchen, Stockwell United FC, Young People Matters, YMCA, Step Zone, Young Carers, DASL, ELAM, Duke of Edinburgh, Lambeth’s Children and Disability Services, and other Homeschools.

New Building

We are grateful to Lambeth Council for setting aside funds for a New Community Hub to replace our current facilities. We continue to work towards realising the building. COVID's knock-on effect on the increased cost of building materials and grant-giving foundations refocus on the cost of living crisis away from capital investments have not helped our fundraising efforts.

We continue to hold some reserves which we hope will provide enough funds to support our drive to put up a new building, but not sufficient to fund building it. A second building project underwent preparation to be submitted for planning permission at a smaller cost but has already been reconsidered due to the costs owing to the current economic climate. We are in talks with Lambeth

4

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

about the possibility of using their grant, with a lesser contribution that can be used to redo/renovate the existing building adding a new U5S&P building and café. In preparation, a soil survey was undertaken. It verified no soil contamination and is required for planning pack preparation for planning permission, along with accurate costs (raft or piles requirements), and confirmation of funding.

Our current buildings continue to be energy inefficient, require constant care, and are not fit for purpose owing to age, wear and tear. We carry out and comply with regular health and safety checks, doing what and the best we can in the circumstances and very much look forward to the new Community Hub being completed.

Trustees

This year we bid farewell to two incredible, community-minded long-serving very significant trustees; Chair Robin Langton and Secretary Veronica Plowden. They both have been an integral part of the Charity since 1999. We thank them for their many years of service, and contribution to keeping our facility free at the point of entry and open. Their passion, vision, and leadership leave huge holes to fill. We are grateful to them both for their enduring, encouraging, gentle, guided leadership. Thank you!

We welcomed two new trustees - a Saturday garden volunteer whose children are currently active playground participants, for her registered family perspective and many other skills, and a fundraising and marketing professional to advise on some of our current operating practices.

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 1 December 2023 and signed on behalf of the board of trustees by:

R Langton - Chair V Plowden - Secretary Trustee Trustee

Dr. J Bulloch Trustee

C Royle-Davies Trustee

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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 2023

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 2023.

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:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. 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

  4. 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 -FCCA Independent Examiner

Begg Williamson & Co Chartered Certified Accountants 24 Church Road Crystal Palace London SE19 2ET

4 December 2023

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2023

2023 2022
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 11,187 112,767 123,954 179,153
Charitable activities 6 10,960 – 10,960 8,591
Investment income 7 110 – 110 3
---------------------------- -------------------------------- -------------------------------- --------------------------------
Total income 22,257 112,767 135,024 187,747
============================ ================================ ================================ ================================
Expenditure
Expenditure on Charitable
activities 8 158 149,495 149,653 119,893
---------------------------- -------------------------------- -------------------------------- --------------------------------
Total expenditure 158 149,495 149,653 119,893
============================ ================================ ================================ ================================
---------------------------- -------------------------------- -------------------------------- --------------------------------
Net (expenditure)/income and net
movement in funds 22,099 (36,728) (14,629) 67,854
============================ ================================ ================================ ================================
Reconciliation of funds
Total funds brought forward 160,630 8,263 168,893 101,038
-------------------------------- -------------------------------- -------------------------------- --------------------------------
Total funds carried forward 182,729 (28,465) 154,264 168,893
================================ ================================ ================================ ================================

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 9 to 16 form part of these financial statements.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2023

2023 2022
Note £ £
Fixed assets
Tangible fixed assets 13 474 632
Current assets
Cash at bank and in hand 156,790 171,260
Creditors: amounts falling due within one year 14 3,000 3,000
-------------------------------- --------------------------------
Net current assets 153,790 168,260
-------------------------------- --------------------------------
Total assets less current liabilities 154,264 168,892
-------------------------------- --------------------------------
Net assets 154,264 168,892
================================ ================================
Funds of the charity
Restricted funds (28,465) 8,263
Unrestricted funds 182,729 160,630
-------------------------------- --------------------------------
Total charity funds 16 154,264 168,893
================================ ================================

For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 1 December 2023, 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 9 to 16 form part of these financial statements.

8

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2023

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.

9

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

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:

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:

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.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

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.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

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.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

5. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2023
£ £ £
Donations
Hibbert foundation -Turcan – 19,253 19,253
Q foundation – – –
Sundry donations & grants 8,797 – 8,797
Friends of Slade Gardens – – –
Hire Revenue 2,390 – 2,390
SEND Sessions – – –
Grants
LB Lambeth Grants – 40,514 40,514
Walcot Foundation Grants – 53,000 53,000
---------------------------- -------------------------------- --------------------------------
11,187 112,767 123,954
============================ ================================ ================================
Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Donations
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
Hire Revenue 2,730 – 2,730
SEND Sessions 3,800 – 3,800
Grants
LB Lambeth Grants – 106,295 106,295
Walcot Foundation Grants – – –
---------------------------- -------------------------------- --------------------------------
21,010 158,143 179,153
============================ ================================ ================================
6. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Sales Herb / Urban garden 2,265 2,265 1,208 1,208
Sales Fireworks 8,695 8,695 7,383 7,383
---------------------------- ---------------------------- ----------------------- -----------------------
10,960 10,960 8,591 8,591
============================ ============================ ======================= =======================

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

7. Investment income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Bank interest receivable 110 110 4 3
============== ============== ============== ==============
8. Expenditure on Charitable activities
Unrestricted Restricted Total Funds
Funds Funds 2023
£ £ £
Charity costs – 112,893 112,893
Charity costs- other 158 36,602 36,760
-------------- -------------------------------- --------------------------------
158 149,495 149,653
============== ================================ ================================
Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Charity costs – 96,142 96,142
Charity costs - other – 23,751 23,751
-------------- -------------------------------- --------------------------------
– 119,893 119,893
============== ================================ ================================
9. Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
2023 2022
£ £
Depreciation of tangible fixed assets 158 211
============== ==============
10. Independent examination fees
2023 2022
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 3,000 3,000
======================= =======================

11. Staff costs

The average head count of employees during the year was 7 (2022: 8).

No employee received employee benefits of more than £60,000 during the year (2022: Nil).

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

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 2022 and 31 March 2023 4,593
=======================
Depreciation
At 1 April 2022 3,961
Charge for the year 158
-----------------------
At 31 March 2023 4,119
=======================
Carrying amount
At 31 March 2023 474
=======================
At 31 March 2022 632
=======================
Creditors: amounts falling due within one year
2023 2022
£ £
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 £1,896 (2022: £883).

15

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

16. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At
At 31 March 20
1 April 2022 Income Expenditure 23
£ £ £ £
Unrestricted fund - General funds 160,630 22,257 (158)
182,729
================================ ============================ ============== ================================
At
At 31 March 20
1 April 2021 Income Expenditure 22
£ £ £ £
Unrestricted fund - General funds 131,025 29,605 – 160,630
================================ ============================ ============== ================================
Restricted funds
At
At 31 March 20
1 April 2022 Income Expenditure 23
£ £ £ £
Restricted Funds 8,263 112,767 (149,495)
(28,465)
======================= ================================ ================================ ============================
At
At 31 March 20
1 April 2021 Income Expenditure 22
£ £ £ £
Restricted Funds (29,987) 158,143 (119,893)
8,263
============================ ================================ ================================ =======================

16

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Management Information

Year ended 31 March 2023

The following pages do not form part of the financial statements.

17

SLADE GARDENS COMMUNITY PLAY ASSOCIATION

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2023

2023 2022
£ £
Income Donations and legacies
Hibbert foundation -Turcan 19,253 20,000
Q foundation – 31,500
Sundry donations & grants 8,797 14,480
Friends of Slade Gardens – 348
Hire Revenue 2,390 2,730
SEND Sessions – 3,800
LB Lambeth Grants 40,514 106,295
Walcot Foundation Grants 53,000 –
-------------------------------- --------------------------------
123,954 179,153
-------------------------------- --------------------------------
Income Charitable activities
Sales Herb / Urban Garden 2,265 1,208
Sales Fireworks 8,695 7,383
---------------------------- -----------------------
10,960 8,591
---------------------------- -----------------------
Investment income
Bank interest receivable 110 3
-------------- --------------
-------------------------------- --------------------------------
Total income 135,024 187,747
================================ ================================
2023 2022
£ £
Costs & Expenditure Charitable Activities
Wages and salaries 78,956 71,045
Pension costs 1,896 883
Outings and activities 13,638 22,723
Fundraising expenses 726 1,491
Grant Delivery Costs- Walcot 17,677 –
-------------------------------- ----------------------------
112,893 96,142
-------------------------------- ----------------------------
Other Charitable activities
Light and heat 5,987 1,165
Repairs, maintenance and cleaning 17,457 7,581
Insurances 2,988 2,977
Legal, professional and consultancy fees 6,175 10,398
Telephone and internet 1,325 1,153
General office costs 2,670 266
Depreciation 158 211
---------------------------- ----------------------------
36,760 23,751
---------------------------- ----------------------------
-------------------------------- --------------------------------
Total Expenditure on Charitable Activities 149,653 119,893
================================ ================================

18