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||Page|
|---|---|
|Reference and administrative details of the Trust, its Trustees and advisers|1|
|Trustees' report|2-5|
|Independent auditors' report on the financial statements|6-9|
|Consolidated statementoffinancial activities|10|
|Consolidated balance sheet|11-12|
|Trust balance sheet|13|
|Consolidated statement of cash flows|14|
|Notes to the financial statements|15<br>- 28|





|Trustees|M Tempia, Co Chair|
|---|---|
||P Koivin KC, co Chair|
||C Sweeney|
||E Hatch (appointed 1 November 2022)|
||G Woodfall|
||R Smith|
||A Stevens|
||D Forde|
||L Marshall|
||A Peet|
|Company registered||
|number|11360503|
|Charity registered||
|number|1193331|
|Registered office|Anerley Business Centre Room 8|
||Anerley Road|
||London|
||SE20 8BD|
|Company secretary|A Brown|
|Independent auditors|Nyman Libson Paul LLP|
||Chartered Accountants|
||Statutory Auditors|
||124 Finchley Road|
||London|
||NW3 5JS|





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|||Restricted|Unrestricted||Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds||funds|funds|
|||7 months|7 months||7 months|12 months|
|||ended|ended||ended|ended|
|||31 December|31 December|31|December|31 May|
|||2022|2022||2022|2022|
||Note||||||
|Income from:|||||||
|Donations and legacies|3||229||229|30,257|
|Other trading activities|4||698,918||698,918|702,761|
|Total income|||699,147||699,147|733,018|
|Expenditure on:|||||||
|Charitable activities|5||334,654||334,654|285,702|
|Total expenditure|||334,654||334,654|285,702|
|Net income|||364,493||364,493|447,316|
|Transfers between funds|14|(820)|820||||
|Net movement in funds||(820)|365,313||364,493|447,316|
|Reconciliation of funds:|||||||
|Total funds brought forward||820|445,508||446,328|(988)|
|Net movement in funds||(820)|365,313||364,493|447,316|
|Total funds carried forward|||810,821||810,821|446,328|





## 

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||||31|||
|---|---|---|---|---|---|
||||December||31 May|
||||2022||2022|
||Note|||||
|Fixed assets||||||
|Tangible assets|10||74,234||37,056|
||||74,234||37,056|
|Current assets||||||
|Debtors|12|501||61,317||
|Cash at bank and in hand||||811 ,630||
|||||872,947||
|Creditors: amountsfalling due within one||||||
|year|13|(270,745)||(463,675)||
|Net currentassets|||736,587||409,272|
|Total assets less current liabilities|||810,821||446,328|
||||810,821||446,328|
|Total net assets|||810,821||446,328|
|Charity funds||||||
|Restricted funds|14||||820|
|Unrestricted funds|14||810,821||445,508|
|Total funds|||810,821||446,328|








## 

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||||31|||
|---|---|---|---|---|---|
||||December||31 May|
||||2022||2022|
||Note|||||
|Fixed assets||||||
|Investments|11||1||1|
||||1||1|
|Current assets||||||
|Debtors|12|30||||
|Cash at bank and in hand||1,006,831||811 ,630||
|||||811 ,630||
|Creditors: amounts falling due within one||||||
|year|13|(196,041)||(365,303)||
|Net current assets|||810,820||446,327|
|Total net assets|||810,821||446,328|
|Charity funds||||||
|Restricted funds|14||820||820|
|Unrestricted funds|14||810,001||445,508|
|Total funds|||810,821||446,328|






## 

||7 months||
|---|---|---|
||ended|12 months|
||31|ended|
||December|31 May|
||2022|2022|
|Cash flows from operating activities|||
|Net cash used in operating activities|232,865|424,489|
|Cash flows from investing activities|||
|Purchase of tangible fixed assets|(37,664)|(37,487)|
|Net cash used in investing activities|(37,664)|(37,487)|
|Change in cash and cash equivalents in the period|195,201|387,002|
|Cash and cash equivalents at the beginning of the period|811,630|424,628|
|Cash and cash equivalents at the end ofthe period||811 ,630|
|The notes on pages 15 to 28 form part ofthese financial statements|||





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||Restricted|Unrestricted|Total||
|---|---|---|---|---|
||funds|funds|funds|Total|
||7 months|7 months|7 months|funds|
||ended|ended|ended|12 months|
||31|31|31|ended|
||December|December|December|31 May|
||2022|2022|2022|2022|
|Crowd funding||||30,098|
|Other donations||229|229|159|
|Total 2022||229|229|30,257|



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||Unrestricted|Total||
|---|---|---|---|
||funds|funds|Total|
||7 months|7 months|funds|
||ended|ended|12 months|
||31|31|ended|
||December|December|31 May|
||2022|2022|2022|
|Events income|698,918|698,918|702,761|
|Total 2022|702,761|702,761||





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||Unrestricted|||
|---|---|---|---|
||funds|Total||
||7 months|7 months|Total|
||ended|ended|12 months|
||31|31|ended|
||December|December|31 May|
||2022|2022|2022|
|Direct costs|334,654|334,654|285,702|
|Total2022|285,702|285,702||



## 

||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total||
||directly|costs|funds|Total|
||7 months|7 months|7 months|funds|
||ended|ended|ended|12 months|
||31|31|31|ended|
||December|December|December|31 May|
||2022|2022|2022|2022|
|Direct costs|72,378|262,276|334,654|285,702|
|Total 2022|93,222|192,480|285,702||





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|Total||
|---|---|
|funds|Total|
|7 months|funds|
|ended|12 months|
|31|ended|
|December|31 May|
|2022|2022|
|72,378|93,222|



## 

||Total||
|---|---|---|
||funds|Total|
||7 months|funds|
||ended|12 months|
||31|ended|
||December|31 May|
||2022|2022|
|Salaries, Nl and pension|118,236|113,003|
|Depreciation|486|431|
|Accountancy and related fees|22,213|14,754|
|Office expenditure|21,288|20,138|
|IT expenditure||1,677|
|Insurance|3,037|2,863|
|Recruitment|5,521|3,757|
|Repairs and maintenance|1,145|1,718|
|Legal, professional and consultancyfees|90,350|34,139|
||262,276|192,480|





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|7 months||
|---|---|
|ended|12 months|
|31|ended|
|December|31 May|
|2022|2022|
|7,000|2,500|



## 

||Group||Trust||
|---|---|---|---|---|
||7 months|Group|7 months|Trust|
||ended|12 months|ended|12 months|
||31|ended|31|ended|
||December|31 May|December|31 May|
||2022|2022|2022|2022|
|Wages and salaries|104,418|104,981|52,209|52,490|
|Social security costs|10,456|5,637|5,228|2,818|
|Contribution to defined contribution pension|||||
|schemes|3,362|2,385|1 ,681|1,193|
||118,236|113,003|59,118|56,501|



||Group||Trust||
|---|---|---|---|---|
||7 months|Group|7 months|Trust|
||ended|12 months|ended|12 months|
||31|ended|31|ended|
||December|31 May|December|31 May|
||2022|2022|2022|2022|
||No.|No.|No.|No.|
|Employees|4|2|4|2|





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|31|||
|---|---|---|
|December|31|May|
|2022||2022|
|||1|



## 



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||||Concert Bowl||
|---|---|---|---|---|
||Office|Computer|under||
||equipment|equipment|construction|Total|
|Cost or valuation|||||
|At 1 June 2022||3,209|34,278|37,487|
|Additions|780|2,034|34,850|37,664|
|At 31 December 2022|780|5,243|69,128|75,151|
|Depreciation|||||
|At 1 June 2022||431||431|
|Charge for the period|12|474||486|
|At 31 December 2022|12|905||917|
|Net book value|||||
|At 31 December 2022|768|4,338|69,128|74,234|
|At 31 May 2022||2,778|34,278|37,056|





## 

## 

||Investments|
|---|---|
||in subsidiary|
||companies|
|Trust||
|Cost or valuation||
|At 1 June 2022||
|At 31 December 2022|1|
|Net book value||
|At 31 December 2022|1|
|At 31 May 2022|1|



|The following was a subsidiary undertaking of the Trust:||||
|---|---|---|---|
|Name||Class of|Holding|
|||shares||
|Crystal Palace Park Events Limited||Ordinary|100%|
|The financial results ofthe subsidiary for the period were:||||
|Name|Income|Expenditure|Net assets|
|Crystal Palace Park Events Limited|698,918|(698,918)|1|





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||Group||Trust||
|---|---|---|---|---|
||31|Group|31|Trust|
||December|31 May|December|31 May|
||2022|2022|2022|2022|
|Due within oneyear|||||
|Trade debtors||43,200|||
|Other debtors|501||30||
|Prepayments||18,117|||
||501|61,317|30||



## 

||Group||Trust||
|---|---|---|---|---|
||31|Group|31|Trust|
||December|31 May|December|31 May|
||2022|2022|2022|2022|
|Trade creditors|520|5,224|520|5,224|
|Amountsdue to Crystal Palace Park Events|||||
|Limited|||180,090|353,484|
|Other taxation and social security|31,235|33,924|6,291|3,345|
|Accruals and deferred income|238,990|424,527|9,140|3,250|
||270,745|463,675|196,041|365,303|





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|||||||Balance at|
|---|---|---|---|---|---|---|
|||||||31|
|||Balance at I|||Transfers|December|
|||June 2022|Income|Expenditure|in/(out)|2022|
|Unrestricted funds|||||||
|General Funds|- all funds|445,508|699,147|(334,654)|820|810,821|
|Restricted funds|||||||
|Crowdfunding||820|||(820)||
|Total of funds||446,328|699,147|(334,654)||810,821|



## 

||Unrestricted|Total|
|---|---|---|
||funds|funds|
||31|31|
||December|December|
||2022|2022|
|Tangible fixed assets|74,234|74,234|
|Current assets|1 ,007,332||
|Creditors due within one year|(270,745)|(270,745)|
|Total|810,821|810,821|





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||Group||
|---|---|---|
||7 months|Group|
||ended|12 months|
||31|ended|
||December|31 May|
||2022|2022|
|Net income for the period (as per Statement of Financial Activities)|364,493|447,316|
|Adjustments for:|||
|Depreciation charges|486|431|
|Increase in debtors|(287,435)|(23,248)|
|Increase/(decrease) in creditors|155,321|(10)|
|Net cash provided by operating activities|232,865|424,489|



## 

|||Group||
|---|---|---|---|
|||31|Group|
|||December|31 May|
|||2022|2022|
|Cash|in hand||811,630|
|Total|cash and cash equivalents||811,630|



## 

|||||||||At 31|
|---|---|---|---|---|---|---|---|---|
|||||||At 1 June||December|
|||||||2022|Cash flows|2022|
|Cash|at|bank|and|in|hand|811 ,630|195,201||
|||||||811 ,630|195,201||





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