2024-03-31-accounts

COMPANY REGISTRATION NUMBER: CE005287 CHARITY REGISTRATION NUMBER: 1165347

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee Financial Statements

31 March 2024

BEGG, WILLIAMSON & CO

Chartered Certified Accountants

24 Church Road Crystal Palace London UK SE19 2ET

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2024

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	5
Statement of financial activities (including income and
expenditure account)	6
Statement of financial position	7
Notes to the financial statements	8
The following pages do not form part of the financial statements
Detailed statement of financial activities	17
Notes to the detailed statement of financial activities	17

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

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

Year ended 31 March 2024

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 2024.

Reference and administrative details

Registered charity name SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO 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 K Bielenberg – Chair Dr. J Bulloch M Carmichael J Edwards G Johnson Hill R Jarvis J Marsh O Muniz Rubiera Independent examiner T M Begg- FCCA Begg Williamson & Co Chartered Certified Accountants 24 Church Road Crystal Palace London UK SE19 2ET

Structure, governance and management

Governing document

The Charity is registered as a Charitable incorporated organisation as registered on 28 January 2016.

Public Benefit:

The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit Charities and Public Benefit.

Reserve Policy :

The trustees aim to maintain free reserves in unrestricted funds at a level which equates to 6 months of unrestricted charitable expenditure which we believe is sufficient.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

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

Year ended 31 March 2024

Achievements and performance

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 in the borough of Lambeth in the Vassall and Stockwell wards for children resident there and in need of them because of their youth or social/economic circumstances; these facilities will improve the quality of life for such children by promoting their physical, mental and social well-being. 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.

Activities and Funding

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. In 1999, when the lack of sufficient council funding threatened to close the facility, a group of concerned residents stepped up and volunteered to keep this essential local service running. Ever since then Slade Gardens Community Play Association CIO (SGCPA) has been responsible for running the facility.

Demographics

Set in the heart of Stockwell's picturesque and historic Georgian grade-II conservation area and next to a green public park known as Slade Gardens, the SGCPA serves a diverse ethnic community.

We have 470+ registered families of which 72% 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; incomebased Jobseeker's Allowance; income-related Employment and Support Allowance. We see a rise in the proportion of SEND families using our facilities.

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 acres of safe, staffed space where children and young people can come to play, build confidence, make new friends, develop skills and try new things. We are open to children and young people of every background between the ages of 0 to 21. We offer:

• Under Fives Stay & Play (U5S&P) Accompanied children are offered a range of activities in a dedicated 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 playhouse.

• 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

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

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

Year ended 31 March 2024

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 greatly appreciate the Community Payback Group who work tirelessly to also help us with maintenance and upkeep of our 1.25 acres.

• We also offer Event Hire of the facilities, especially on Sundays.

• 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.

• We delight in Community Groups using our facilities that also enhance their livelihoods and serve our birth to 21-year-old community and their families.

• 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 2023 to March 2024 Highlights

Lambeth Council HAF Funding . The summer grant part contributed towards free lunches for 70 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 yoghurt etc, to ensure that no child was excluded.

• October Half Term Holiday. The APG welcomed an average of 30 children a day. The attendance levels were stimulated by the good weather. Providing childcare 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 than ever before due to the current cost-of-living crisis.

• Variety of Activities Increased . Reflecting requests from children and the skills and knowledge of our play workers, we offered an accredited cooking club, drama club, music workshop, arts and crafts, up-cycling, fashion school, gardening and multi-sports within our APG program. Our Under Fives activities now offer gardening and nature play, messy play and arts and crafts. We thank The Hibbert Foundation for their generous grant to develop these activities to attract, entertain and inspire children in our community.

• SGCPA is an Accredited Registered Centre , providing accreditations for youth training and volunteering and has an ambition to attract many more young people from our community.

• Early Intervention and Prevention Services (EIPS) Consortium contributed to the funding of outreach to engage young people, hardest to reach, with the provision of sports, social opportunities and mentoring.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

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

Year ended 31 March 2024

Community Hub

We were delighted to welcome the local community to connect with the playground and enjoy the following SGCPA events: Garden Produce Sales and Open Days, Summer Program Culmination, and the annual Sports Day. We hold a highly successful (and fundraising) Fireworks' Night every two years (this did not take place in 2023).

We actively encourage all local organisations to use our facilities for their events such as Stockwell Park Residents Association's Curry and Quiz Night and the annual Summer Festival, the local Revolving Dinner Party and the Stockwell Park Residents' Association AGM.

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 home schoolers, Lambeth Family Link, Brixton Soup Kitchen, Young People Matters, Young Carers, DASL, ELAM, 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. In preparation, a soil survey was undertaken that verified no soil contamination. 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, with grateful thanks, to Crispin Royle-Davies and then Tom Stabler as Treasurers. Former Chair, Robin Langton, stood in as a treasurer. Renata Funari resigned as secretary and Veronica Plowden stood in as interim Secretary. We are in the process of recruiting new trustees.

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 12 December 2024 and signed on behalf of the board of trustees by:

K Bielenberg - Chair J Marsh Trustee Trustee

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Year ended 31 March 2024

I report to the trustees on my examination of the financial statements of SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO ('the charity') for the year ended 31 March 2024.

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 12 December 2024 Independent Examiner

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

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2024

			2024		2023
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	–	84,487	84,487	123,954
Charitable activities	6	–	–	–	10,960
Investment income	7	477	–	477	110
		--------------	----------------------------	----------------------------	--------------------------------
Total income		477	84,487	84,964	135,024
		==============	============================	============================	================================
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies	8	218	125,371	125,589	149,653
		--------------	--------------------------------	--------------------------------	--------------------------------
Total expenditure		218	125,371	125,589	149,653
		==============	================================	================================	================================
		--------------	--------------------------------	--------------------------------	--------------------------------
Net expenditure and net movement	in
funds		259	(40,884)	(40,625)	(14,629)
		==============	================================	================================	================================
Reconciliation of funds
Total funds brought forward		182,729	(28,465)	154,264	168,893
		--------------------------------	--------------------------------	--------------------------------	--------------------------------
Total funds carried forward		182,988	(69,349)	113,639	154,264
		================================	================================	================================	================================

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 8 to 15 form part of these financial statements.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2024

		2024	2023
	Note	£	£
Fixed assets
Tangible fixed assets	13	655	474
Current assets
Cash at bank and in hand		115,984	156,790
Creditors: amounts falling due within one year	14	3,000	3,000
		--------------------------------	--------------------------------
Net current assets		112,984	153,790
		--------------------------------	--------------------------------
Total assets less current liabilities		113,639	154,264
		--------------------------------	--------------------------------
Net assets		113,639	154,264
		================================	================================
Funds of the charity
Restricted funds		(69,349)	(28,465)
Unrestricted funds		182,988	182,729
		--------------------------------	--------------------------------
Total charity funds	16	113,639	154,264
		================================	================================

For the year ending 31 March 2024 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 12 December 2024, and are signed on behalf of the board by:

----- Start of picture text -----
K Bielenberg - Chair J Marsh
Trustee Trustee
----- End of picture text -----

The notes on pages 8 to 15 form part of these financial statements.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2024

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.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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, noncharitable trading activities, and the sale of donated goods.

• 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.

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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 CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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 CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

5. Donations and legacies

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations
Hibbert Foundation -Turcan	–	19,866	19,866
The London Community	–	9,470	9,470
Revolving Dinner Party	–	1,100	1,100
Sundry donations & grants	–	17,576	17,576
Hubbud Foundation	–	6,000	6,000
Stripe payments	–	1,768	1,768
UK Givey Ltd- Fundraising	–	310	310
Arnold Clark	–	5,000	5,000
Daleworth Ltd (Winkworth)	–	2,500	2,500
Hire Revenue	–	–	–
SPRA	–	4,317	4,317
Grants
LB Lambeth Grants	–	16,580	16,580
Walcot Foundation Grants	–	–	–
	--------------	----------------------------	----------------------------
	–	84,487	84,487
	==============	============================	============================
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Donations
Hibbert Foundation -Turcan	–	19,253	19,253
The London Community	–	–	–
Revolving Dinner Party	–	–	–
Sundry donations & grants	8,797	–	8,797
Hubbud Foundation	–	–	–
Stripe payments UK	–	–	–
Givey Ltd- Fundraising	–	–	–
Arnold Clark	–	–	–
Daleworth Ltd (Winkworth)	–	–	–
Hire Revenue	2,390	–	2,390
SPRA	–	–	–
Grants
LB Lambeth Grants	–	40,514	40,514
Walcot Foundation Grants	–	53,000	53,000
	----------------------------	--------------------------------	--------------------------------
	11,187	112,767	123,954
	============================	================================	================================

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

6. Charitable activities

		Unrestricted	Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2024	Funds	2023
			£	£	£	£
	Sales Herb / Urban garden		–	–	2,265	2,265
	Sales Fireworks		–	–	8,695	8,695
			--------------	--------------	----------------------------	----------------------------
			–	–	10,960	10,960
			==============	==============	============================	============================
7.	Investment income
		Unrestricted		Total Funds	Unrestricted	Total Funds
			Funds	2024	Funds	2023
			£	£	£	£
	Bank interest receivable		477	477	110	110
			==============	==============	==============	==============
8.	Costs of raising donations and legacies
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2024
				£	£	£
	Costs of raising donations and legacies			–	92,265	92,265
	Costs of raising donations and legacies	other		218	33,106	33,324
				--------------	--------------------------------	--------------------------------
				218	125,371	125,589
				==============	================================	================================
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2023
				£	£	£
	Costs of raising donations and legacies			–	112,893	112,893
	Costs of raising donations and legacies	- Other		158	36,602	36,760
				--------------	--------------------------------	--------------------------------
				158	149,495	149,653
				==============	================================	================================
9.	Net expenditure
	Net expenditure is stated after charging/(crediting):
					2024	2023
					£	£
	Depreciation of tangible fixed assets				218	158
					==============	==============
10.	Independent examination fees
					2024	2023
					£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements				3,500	3,000
					=======================	=======================

13

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as	The total staff costs and employee benefits for the reporting period are analysed as	follows:
	2024	2023
	£	£
Wages and salaries	80,129	78,956
Employer contributions to pension plans	745	1,896
	----------------------------	----------------------------
	80,874	80,852
	============================	============================

The average head count of employees during the year was 6 (2023: 7).

No employee received employee benefits of more than £60,000 during the year (2023: 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 2023		4,593
	Additions		399
			-----------------------
	At 31 March 2024		4,992
			=======================
	Depreciation
	At 1 April 2023		4,119
	Charge for the year		218
			-----------------------
	At 31 March 2024		4,337
			=======================
	Carrying amount
	At 31 March 2024		655
			=======================
	At 31 March 2023		474
			=======================
14.	Creditors: amounts falling due within one year
		2024	2023
		£	£
	Accruals and deferred income	3,000	3,000
		=======================	=======================

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SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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 £745 (2023: £1,896).

16. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
					At
	At			**31 March **	20
	1 April 2023	Income	Expenditure		24
	£	£	£	£
Unrestricted fund - General funds	182,729	477	(218)	182,988
	================================	==============	==============	================================
					At
	At			31 March	20
	1 April 2022	Income	Expenditure		23
	£	£	£	£
Unrestricted fund - General funds	160,630	22,257	(158)	182,729
	================================	============================	==============	================================
Restricted funds
					At
	At			**31 March **	20
	1 April 2023	Income	Expenditure		24
	£	£	£	£
Restricted Funds	(28,465)	84,487	(125,371)	(69,349)
	============================	============================	================================	============================
					At
	At			31 March	20
	1 April 2022	Income	Expenditure		23
	£	£	£	£
Restricted Funds	8,263	112,767	(149,495)	(28,465)
	=======================	================================	================================	============================

15

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Management Information

Year ended 31 March 2024

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

16

SLADE GARDENS COMMUNITY PLAY ASSOCIATION CIO

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2024

	2024	2023
	£	£
Income
Hibbert Foundation -Turcan	19,866	19,253
The London Community	9,470	–
Revolving Dinner Party	1,100	–
Sundry donations & grants	17,576	8,797
Hubbud Foundation	6,000	–
Stripe payments UK	1,768	–
Givey Ltd- Fundraising	310	–
Arnold Clark	5,000	–
Daleworth Ltd (Winkworth)	2,500	–
Hire Revenue	–	2,390
Stockwell Park Residents Association (SPRA)	4,317	–
LB Lambeth Grants	16,580	40,514
Walcot Foundation Grants	–	53,000
	----------------------------	--------------------------------
	84,487	123,954
	----------------------------	--------------------------------
Charitable activities
Sales Herb / Urban garden	–	2,265
Sales Fireworks	–	8,695
	--------------	----------------------------
	–	10,960
	--------------	----------------------------
Investment income
Bank interest receivable	477	110
	--------------	--------------
	----------------------------	--------------------------------
Total income	84,964	135,024
	============================	================================
Expenditure	2024	2023
	£	£
Costs of raising donations and legacies
Wages and salaries	80,129	78,956
Pension costs	745	1,896
Outings and activities	4,356	13,638
Fundraising expenses	–	726
Grant Delivery Costs- Walcot	7,035	17,677
	----------------------------	--------------------------------
	92,265	112,893
	----------------------------	--------------------------------
Costs of raising donations and legacies - Other
Light and heat	5,472	5,987
Repairs, maintenance and cleaning	13,575	17,457
Insurances	1,691	2,988
Legal, professional and consultancy fees	5,354	6,175
Telephone and internet	1,708	1,325
General office costs	5,307	2,670
Depreciation	217	158
	----------------------------	----------------------------
	33,324	36,760
	----------------------------	----------------------------
Costs of raising donations and legacies	125,589	149,653
	================================	================================

17