2023-03-31-accounts - Enable Leisure And Culture

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Reference and Administrative Details
Foreword from the Chair
Report ofthe Trustees	3	to 15
Report ofthe independentAuditors	16	to 17
Statement of Financial Activities		18
Balance Sheet		19
Cash Flow Statement		20
Notes to the Cash Flow Statement		21
Notes tothe Financial Statements	22	to 33

Company	Limited by Guarantee and Registered	Limited by Guarantee and Registered	in	England	England	and Wales
Registered	Company no:	09437276
Registered	Charity no:	1172345
Registered	office:	The Park Offices, Battersea			Park
		Albert Bridge Road
		London
		SW114NJ
Trustees:		CL Baillieu (Chair)
		S L BApps (resigned	on	16June		2023)
		NR Blackley
		EAS Cohen
		CLFrankl-Bertram
		MK Pearson (resigned		on 16June 2023)
		MH Percy
		P ASamengo-Turner
		JRStone
		DM Watkins
Chief Executive:		I Mitchell
Auditors:		Haysmacintyre LLP
		Chartered Accountants
		10Queen Street Place
		London
		EC4R 1AG
Bankers:		National Westminster		Bank pic
		153Putney High Street
		Putney
		London
		SW151RX

					2023	2022
			Unrestricted	Restricted	Total	Total
		Notes	funds	funds	funds	funds
						6
INCOME
Voluntary income
General grants				645,543	645,543	498,985
Charitable activities
Bereavement services			3,101,147		3,101,147	3,087,916
Events and Filming			4,999,930		4,999,930	4,562,705
Health and weBbeing (including	community		1,300,137	205,803	1,505,940	1,087,324
services] Park services			289,919	144,292	434,212	195,689 .
Putney School ofArt and Design			1,195,912		1,195,912	1,020,204
Sport and Leisure services			3,565,544		3,565,544	3,232,199
Otherincome			175,681		175,681	185,000
Total income			14,628,270	995,638	15,623,909	13,870.022
EXPENDITURE
Charitable activities		4-6
Bereavementservices			1,679,878		1,679,878	1,575,311
Events and Filming Health and weBbeing (including Park services	community	services)	3,218,522 1,233,612 1,485,625	269,923 71,381	3,218,522 1,503,535 1,557,007	2,953,238 1,091,296 1,272,177
Putney School ofArtandDesign Sport and Leisure services Other			1,324,144. 2,78S,268 2,825,055	207,281 528,001	1,531,425 2,785,268 3,353,057	1,097,500 2,457,507 3,038,964
Total expenditure			14,552,104	1,076,588	15,628,692	13,485,993
NET INCOME			76,167	(80,950j	(4,783]	384,029
RECONCILIATION OFFUNDS
Total funds brought fotsvard			446,709	734,562	1,181,271	797,242
TOTAL FUNDS CARRIED FORWARD			522,876	653,612	1,176,488	1,181,271

		2023	2022
	Notes	f.	6
FIXEDASSETS
Tangible assets		337,934	224,617
CURRENT ASSETS
Stocks	12	9,872	9,872
Debtors	13	2,749,600	2,326,490
Cash atbank and in hand		2 505830	3279847
		5,265,302	5,616,209
CREDITORS
Amounts falling due within one year	14	(4,426,747)	(4,184,555)
NET CURRENT ASSETS		838555	1431654
TOTAL ASSETSLESSCURRENT LIABILITIES		1,176,488	1,656,271
CREDITORS
Amounts falling due after more than one year	15		(475,000)
NET ASSETS/(LIABILITIES)
FUNDS	17
Unrestricted funds		522,876	446,709
Restricted funds		653612	734562
TOTALFUNDS		~11 6488	1181271

					2023	2022
				Notes		E
Cash flows from	operating		activities
Cash generated from operations					113042	1437152
Net cash provided	by operating activities				113042	1437152
Cash flows from	investing		activities
Purchase oftangible fixed assets					~242 529)	180943
Net cash used in investing		activities			~242 529]	~180943)
Cash flows from	financing		activities
Loan repayments Interest paid	in year				(625,000] ~19530]	(125,000)
Net cash provided	by/(used		in] financing activities		644530	143753
Change in cash and cash equivalents				in the
reportingperiod					(774,017)	1,112,456
Cash and cash equivalents			atthe beginning
ofthe reporting	period				3279847	2167391
Cash and cash equivalents			atthe end	ofthe
reporting period

RECONCILIATION OFNET INCOME TO NET CASH FLOW FROM OPERATING A	CTIVITIES
	2023	2022
	E	E
Net income forthe reporting period (asper the Statement ofFinancial Achvities]	(4,783)	384,028
Adjustments for: Depreciation charges Interest paid Increase in debtors Increase in creditors	129,213 19,530 (423,110) 392191	100,058 18,753 (531,921] 1466234
Net cash provided by operations	11 2	14371

		Atstart	Cash	Other non-	At end
		ofthe year	Flows	cash changes	ofyear
		E	E	5	E
Cash		3,279,847	(774,017)		2,505,830
Loans	within 1year	(150,000)	150,000
Loans	due after 1year	(475,000) ~24	475,000

					2023	2022
					E	6
Evolution					420,000	350,000
Art Council England						148,985
Other grants					25,543
Legacies					200,000
					645,543	498,985
OME FROM CHARITABLE ACTIVITIES
					2023	2022
					6	E
Bereavement services					3,101,147	3,087,916
Events and Filming					4,999,930	4,562,705
Health and Wellheing	including	comniunity	development		1,505,940	1,087,324
Park Services					434,212	195,688
Putney School ofArt &Design					1,195,912	1,020,204
Sports and Leisure Services					3,565,544	3,232,199
					14,802,685	13,186,037
RITABLE ACTIVITIES COSTS
2023				Direct costs	Support	2023
				(see note 5)	costs	Total costs
				f.	(see note 6)	E
					6
8 ereave ment services				1,679,878		1,679,878
Events and Filming				3,218,522		3,218,522
Health and WeEbeing	including	community	development	1,503,535		1,503,535
Park Services				1,557,007		1,557,007
Putney School ofArt gi Design				1,531,425		1,531,425
Sports and Leisure Seivices				2,785,268		2,785,268
Central Support					3,353,057	3,353,057
				12,275,635	3,353,057	15,628,692
				Direct costs	Support	2022
2022				(see note 5] 6	costs (see note 6)	Totalcosts 6
					6
Bereavement services				1,575,311		1,575,311
Events and Pilming				2,953,238		2,953,238
Health and WeEbeing	including	community	development	1,091,296		1,091,296
Park Services				1,272,177		1,272,177
Putney School ofArt tk Design				1,097,500		1,097,500
Sports and Leisure Seivices				2,457,507		2,457,507
Central Support					3,038,964	3,038,964
				10,447,029	3,038,964	13,485,993

				2023	2022
				8	6
Staff Costs Costofsales				6,284,899 1,018,787	5,308,335 666,980
Consultant and project delivery Equipment Building and maintenance Communications and marketing Insurance				509,795 198,662 1,096,101 104,705 65,714	730,005 311,902 857,234 84,043 61,620
ITand comms				220,048	214,150
Irrecoverable VAT				146,000
Administration Concession fee	and professional		fees	431,115 2,100,000	294,533 1,832,018
Depreciation Other				71,769 28,040	77,309 8,900
				12,275,635	10,447,029
SUPPORT COSTS
				2023	2022
				8
Staff costs				1,301,364	1,257,412
Consultant and project delivery				721,468	205,389
Equipment				2,250	21,573
Building and maintenance				426,589	619,084
Communications and marketing				59,264	65,200
Insurance				107,499	68,607
ITand comms				83,645	35,372
Administration and	professional	fees		205,309	129,742
Irrecoverable VAT				368,695	593,473
Depreciation				57,444	24,359
Loan interest				19,530	18,753
				3,353,057	3,038,964
Governance
				34,492	62,684
(Included within support costsj

			2023	2022
			6	6
Auditors' remuneration Auditors' remuneration Depreciation - owned		—audit services —non audit seivices assets	30,492 4,000 ~3	22,950 1,950 ~0

STAFF COSTS
					2023	2022
Wages and salaries Social security costs Other pension costs					6,556,747 591,947 437569	5,385,861 463,240 406 646
						~25
The average monthly	number	ofemployees	during the year was	as follows:
					2023	2022
Full time equivalent						~1
The number ofemployees whose employee			benefits (excluding	employer	pension costs) exceeded 660,000was:
					2023	2022
660,001 - 670,000
680,001 - 690,000
5110,001 - 6120,000
f120,001 - 5130,000
During the period, 1&ey management personnel, which comprise officer, received remuneration (including pension contributions				the trustees, chief executive officer and chief financial payable) totaling 6289,560(2022:6293,100j.

					2022
			Unrestricted	Restricted	Total
			funds	funds	funds
			6		6
INCOME
Donations and legacies
General grants				498,985	498,985
Charitable activities
Bereavement services			3,087,916		3,087,916
Events and Filming			4,562,705		4,562,705
Health and weBbeing (including	community		738,647	348,677	1,087,324
services)
Park services			193,802	1,887	195,689
Putney School ofArt and Design			1,020,204		1,020,204
Sport and Leisure services			3,232,199		3,232,199
Other income			185,000		185,000
Total income			13,020,473	849,549	13,870,022
EXPENDITURE
Charitable activities
Bereavement services			1,575,311		1,575,311
Events and Filming			2,953,238		2,953,238
Health and weBbeing (including	community	services]	804,231		1,091,296
Pari& services			1,268,520		1,272,177
Putney School ofArt and Design			1,097,507		1,097,507
Sport and Leisure services			2,457,507		2,457,507
Other			2804127	234837	3038964
Total expenditure			8,590,147	525,559	13,485,993
NET INCOME			60,039	323,990	384,029
RECONCILIATION OFFUNDS
Total funds brought forward			386,670	410,572	797,242
TOTAL FUNDS CARRIED FORWARD			446,709	734,562	1,181,271

1.	TANGIBLE FIXEDASSETS
			Fixtures
		Short	and	Motor	Computer
		leasehold	fittings	vehicles	equipment	Totals
		f.	5	6	5	f.
	COST At 1April 2022 Additions	144,575 86228	21,103 27418	39,426 25429	444,755 103454	649,859 242 529
	At31March 2023	230803	48521	64855	444755	892388
	DEPRECIATION
	At 1April 2022 Charge foryear	93,024 31561	8,083 9704	19,260 13569	304,878 74377	425,245 129 213
	At31March 2022	124585	17787	3282	379255	554456
	NET BOOKVALUE At31March 2023	106 8	307	~20	8954	~34
	At31March 2022	155	~23	166	13 7	2246
12.	STOCKS
					2023	2022
						E
	Stocks
13.	DEBTORS:AMOUNTS FALLING	DUE WITHIN ONE YEAR
					2023	2022
	Trade debtors				1,922,034	1,832,560
	Other debtors VAT Prepayments and accrued income				130,112 319,916 377,537	87,025 13,501 393,404

CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2023	2022
		5	5
Bank loans and overdrafts	(see note 16)		150,000
Trade creditors		1,585,555	1,588,314
Social security and other	taxes	146,203	132,379
Other creditors		243,886	139,672
Accruals and deferred income		2451403	2174190
			4184555
Deferred Income
		2023	2022
At 1April		1,133,262	657,556
Deferred in the year		5,008,614	4,806,882
Released in the year		4806882	4331 176
At 31March			1 133262

			2023	2022
				5
Bank loans (see note 16)				~4
LOANS
An analysis ofthe maturity		ofloans is given below:
			2023	2022
			5	5
Amounts	falling due within	one year:
Bank loan				150,000
Amounts	falling due in more than one year
1to 5 years				475,000
				625000

16.	LOANS An analysis ofthe maturity ofloans is given below:

2023
			Balance				Balance
			1April			Transfer	31March
			2022	Income	Expenditure	between	2023
			E	f.		funds	6
Unrestricted		funds
General fund			222,092	14,628,270	(14,422,891)	(242,529)	184,942
Fixed Assets			224,617		(129,213)	242,529	337,933
			446,709	14,628,270	(14,552,104)		522,875
Restricted funds
Parks			19,410	344,293	(71,382)		292,321
Arts Council		England	125,201		(125,201)
Community	Development		425,950	445,543	(608,525)		262,968
Health and WeBbeing			164,001	205,803	(271,481)		98,323
			734,562	995,639	(1,076,589)		653,612
TOTAL FUNDS			1,181,271	15,623,910	(15,628,692)		1,176,488
2022
			Balance				Balance
			1April			Transfer	31March
			2021	Income	Expenditure	between	2022
			8	6		funds	6
						6
Unrestricted		funds
General fund			242,938	13,020,473	(12,860,376)	(180,943)	222,092
Fixed Assets			143,732		(100,058)	180,943	224,617
			386,670	13,020,473	(12,960,434)		446,709
Restricted	funds
Sports			157,893			(157,893)
Bench donations			4,503			(4,503)
Parks			37,124	1,886	(3,657)	(15,942)	19,411
Arts Council		England	211,053	148,985	(234,837)		125,201
Community		Development		427,918	(25,214)	23,246	425,950
Health and Wellheing				270,760	(261,851)	155,092	164,001
			410,572	849,549	(525,559)		734,562
TOTAL FUNDS			797,242	13,870,022	(13,485,993)		1,181,271

	Unrestricted	Unrestricted
	General	Fixed Asset	Restricted	Total
	fund	fund	funds	funds
	F.	E		5
Tangible Fixed Assets		337,933		337,933
Current assets / liabilities	184,943		653,612	838,555
Liabilities over 1year
	184,943	337,933	653,612	1,176,488