2024-03-31-accounts

WARDS AbbeyRoad Bayswater ChurchStreet HarrowRoad HydePark KnightsbridgeandBelgravia LancasterGate	COUNCILLORS HannahGalley AlanMendoza CarolineSargent MaggieCarman JamesSmall-Edwards MaxSullivan AichaLess MattNoble AzizToki RuthBush ConciaAlbert ReganHook MdShamsedChowdhury PaulDimoldenberg JudithSouthern AnthonyDevenish ElizabethHitchcock RachaelRobathan LailaCunningham RyanJude	WARDS Marylebone PimlicoNorth PimlicoSouth Queen'sPark Regent'sPark StJames's VincentSquare	COUNCILLORS BarbaraArzymanow IanRowley KarenScarborough JimGlen EdPittFord JacquiWilkinson LizaBegum RobertEagleton JasonWilliams CaraSanquest PatriciaMcAllister HamzaTaouzzale RaluOteh-Osoka RobertRigby PaulSwaddle LouiseHyams TimMitchell MarkShearer Vacant DavidHarvey	1.1iOd3il, snisnali•6Z0Z/£Z0ZSINf1O)3V 1V1INNVcmnotiDNOI1V38332INO19NICCIVd1900
	EllieOrmsby		SelinaShort
LittleVenice	MelvynCaplan	Westboume	DavidBoothroyd
	LorraineDean		AdamHug
	SaraHassan		AngelaPiddock
MaidaVale	GeoffBarraclough	WestEnd	TimBarnes
	manLess		PaulFisher
	NafsikaButler-Thalassis		PatrickLilley

Referenceandadministrativedetails: RegisteredName: RegisteredCharityNumber: PrincipalOffice: CustodianTrustee:	PaddingtonRecreationGroundCharitableTrust 295449 WestminsterCityHall,64VictoriaStreet,London,SW1E6QP WestminsterCityCouncil
ChiefExecutive:	StuartLove(ChiefExecutiveofWestminsterCityCouncil)
Solicitor:	ParveenAkhtar,DirectorofLaw,WestminsterCityHall,64VictoriaStreet,
	London,SW1E6O.P
Auditor:	SumerAudit,StatutoryAuditor
	PiperHouse,4DukesCourt,BognorRoad,Chichester,
	WestSussex,PO198FX

24/02/2025

				2023/24			2022/23
	Notes	UnrestrictedFunds	RestrictedFunds	Total	UnrestrictedFunds	RestrictedFunds	Total
					AsRestated		AsRestated
		£	£
Income
Charitableactivities	2	1,300,565		1,300,565	461,504		461,504
Total		1,300,565		1,300,565	461,504		461,504
Expenditure
Charitableactivities	3	(812,593)		(812,593)	(650,308)		(650,308)
Total		(812,593)		(812,593)	(650,308)		(650,308)
Net Income/(Expenditure)		487,972		487,972	(188,804)		(188,804)
Netmovementinfunds		487,972		487,972	(188,804)		(188,804)
Reconciliationoffunds
Fundsb/f	9	4,118,557	712,000	4,830,557	4,307,361	712,000	5,019,361
Fundsc/f		4,606,529	712,000	5,318,529	4,118,557	712,000	4,830,557

	Notes	31March2024	31March2023
			AsRestated
			£
Fixedassets
Tangibleassets	5	5,318,529	4,830,557
CurrentAssets
Cash
Debtors	6	44,815	122,462
Liabilities
Creditorsduewithinoneyear	7	(44,815)	(122,462)
NetcurrentAssets/(Liabilities)
Totalassetslesscurrentliabilities		5,318,529	4,830,557
Totalnetassets		5,318,529	4,830,557
Thefundsofthecharity:
Restrictedincomefunds	10	712,000	712,000
Unrestrictedincomefunds	10	4,606,529	4,118,557
Totalreserves		5,318,529	4,830,557

ent
			2022/23
	Notes	2023/24	Asrestated
		£	£
Cashflowsfromoperatingactivities:
Netcashprovidedbyoperatingactivities	12	983,080	205,980
Cashflowsfrominvestingactivities:
Purchaseofproperty,plantandequipment	5	(983,080)	(205,980)
Cashflowsfromfinancingactivities:
Changeincash&cashequivalentsinthereportingperiod
Cash&cashequivalentsatthebeginningofthereportingperiod
Cashandcashequivalentsattheendofthereportingperiod

Land	Notdepreciated
Buildings/Improvements	15years
Outdoorrecreational	15years
installations
Fixtures,fittingsandequipment	15years
Motorvehicles	5Years

Reconciliation—CostsofOperationandSoFA	Note	2023/24	Restated
ExpenditureonCharitableActivities			2022/23
			£
SoFA—ExpenditureonCharitableActivities		812,593	650,308
Costofoperation	3a	726,066	535,486
Managementfees	3b		52,005
Governancecosts	3c	86,527	62,817
Total		812,593	650,308
) COSTSOFOPERATION
		2023/24	Restated
			2022/23
		£	£
Maintenance—Buildingworks		31,158	2,245
Maintenance—Groundsother			18,396
Maintenance-Treeworks		18,439	14,645
ContractorSupportServices		4,444
Rents		25,426	12,211
Servicecharges—Repairsandmaintenance		4,331	2,900
Insurance			4,015
Security&Marketing		10,551	7,059
ForestSchool		92,157	79,231
Capitalcharges—Depreciation		459,098	394,784
ProjectDelivery		20,433
FixedAssets—lossondisposal		36,010
AdditionalWorks		24,017
Total		726,066	535,486

	2023/24	2022/23
	£	£
ClientTeam—Staffcosts	28,919	25,142
ClientTeam—Otherrunningcosts		5,775
AuditFees	8,086	6,600
PlannedPreventativeMaintenance	5,519
DepartmentalSupport—Other	44,003	25,300
Total	86,527	62,817

	2023/24	2022/23
	E	£
Auditor'sremuneration	8,086	6,600
Depreciation	459,098	394,784
Lossondisposalofassets	36,010
Total	503,194	401,384

Cost(Restated) Balanceb/fat1April2023(Restated) Additionsintheyear Disposals Balancec/fat31March2024 Depreciation(Restated) Balanceb/fat1April2023(Restated) Depreciationchargeinyear Disposals Balancec/fat31March2024 Netbookvalue at1April2023(Restated) at31March2024	Land £ 2,000,000 2,000,000 (1,288,000) (1,288,000) 712,000 712,000	Building Asrestated £ 6,701,507 360,368 (27,439) 7,034,436 (5,577,654) (144,333) (5,721,987) 1,123,853 1,312,449	MotorVehicles £ 10,000 10,000 (10,000) (10,000)	OutdoorRecreational Installations £ 3,959,542 622,212 (46,422) 4,535,332 (1,325,126) (278,933) 37,851 (1,566,208) 2,634,416 2,969,124	Fixtures,Fittingsand Equipment £ 781,122 500 781,621 (420,833) (35,832) (456,665) 360,288 324,956	Total Asrestated £ 13,452,170 983,080 (73,861) 14,361,389 (8,621,613) (459,098) 37,851 (9,042,860) 4,830,557 5,318,529

TotaI PrepaymentsandAccruedIncome WCCdebtor	2023/24 10,093 34,722 44,815	Restated 2022/23 63,856 58,606 122,462

Accruals WCCcreditor TotaI	2023/24 £ 34,722 10,093 44,815	Restated 2022/23 £ 58,606 63,856 122,462

				2023/24
			Tangible
	Creditors	Debtors	FixedAssets	Total
	£	f	£	£
General unrestrictedfunds	(44,815)	44,815	4,606,529	4,606,529
Restrictedfunds			712,000	712,000
Netassets	(44,815)	44,815	5,318,529	5,318,529
				Restated
				2022/23
			Tangible
	Creditors	Debtors	FixedAssets	Total
	£	£	£	£
General	(122,462)	122,462	4,118,557	4,118,557
unrestrictedfunds
Restrictedfunds			712,000	712,000
Netassets	(122,462)	122,462	4,830,557	4,830,557

2023/24	Fundat			Fundat
	1April2023	Income	Expenditure	31March2024
	£	£	£	£
Unrestrictedfunds-GeneralFund	4,118,557	1,300,565	(812,593)	4,606,529
Restrictedfunds	712,000		-	712,000
TotalCharityfunds	4,830,557	1,300,565	(812,593)	5,318,529

	Fundat			Fundat
2022/23Restated	1April2022	Income	Expenditure	31March2024
	AsRestated	AsRestated	AsRestated	AsRestated
	£	£	£	£
Unrestrictedfunds-GeneralFund	4,307,361	461,504	(650,308)	4,118,557
Restrictedfunds	712,000	-		712,000
TotalCharityfunds	5,019,361	461,504	(650,308)	4,830,557

			Restated
	Notes	2023/24	2022/23
		£	f
Netincome		487,972	(188,804)
Adjustmentsfor:
Depreciationcharges	5	459,098	394,784
(Decrease)/Increaseincreditors	7	(77,647)	90,861
Decrease/(Increase)indebtors	6	77,647	(90,861)
LossonDisposalofAssets		36,010
Netcashprovidedbyoperatingactivities		983,080	205,980

	Notes		UnrestrictedFunds BeforeRestatement	RestrictedFunds	2022/23 Total	UnrestrictedFundsAs Restated	RestrictedFunds	2022/23Restated Total
			£	£	£	£
Income
Charitableactivities		2	426,551		426,551	461,504		461,504
Total			426,551		426,551	461,504		461,504
Expenditure
Charitableactivities		3	(643,017)		(643,017)	(650,308)		(650,308)
Total			(643,017)		(643,017)	(650,308)		(650,308)
NetIncome/(Expenditure)			(216,466)		(216,466)	(188,804)		(188,804)
Netmovementinfunds			(216,466)		(216,466)	(188,804)		(188,804)
Reconciliationoffunds
Fundsb/f		9	4,274,054	712,000	4,986,054	4,307,361	712,000	5,019,361
Fundsc/f			4,057,588	712,000	4,769,588	4,118,557	712,000	4,830,557

Fixedassets Tangibleassets CurrentAssets Cash Debtors Liabilities Creditorsduewithinoneyear NetcurrentAssets/(Liabilities) Totalassetslesscurrentliabilities Totalnetassets Thefundsofthecharity: Restrictedincomefunds Unrestrictedincomefunds	Notes 5 6 7 10 10	31March2023 4,733,112 88,481 (52,005) 36,476 4,769,588 4,769,588 712,000 4,057,588	31March2023 R.ct2ted 4,830,557 122,462 (122,462) 4,830,557 4,830,557 712,000 4,118,557	ReasonforStatement CarbonManagementcapitaladditionsin2021/22and 2022/23totalling£109,373undertakenbyWCC Propertylessaccumulateddepreciation£11,928. IncreaseinWCCDebtor£33,981tooffsetthecharity's creditortocovermoniesoutstandingrelatingtoaudit feesandSLMoverheadsthatwillbecoveredbyWCC undertheirobligationtomeetthecharityexpenditure. Recogniseda£63,856WCCCreditortooffsetthe charity'saccruedincomerelatingtoSLMincomethat willbereceivedbyWCConthecharity'sbehalf,and theauditfeeof2022/23notpaidatyear-end.
Totalreserves		4,769,588	4,830,557