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2022-03-31-accounts

REPORT OF THE MANAGEMENT COMMITTEE FOR THE YEAR ENDED 31 MARCH 2022

The Management Committee presents its report and the financial statements for the year ended 31 March 2022.

GOVERNING DOCUMENT

The club is an unincorporated charity, registered as such on 24 April 1970

The charity was established under a Trust Deed dated 24 April 1970 as amended on 5 June 1997 which established the objectives and powers of the charity. Under that deed, the trustees may appoint a person who is willing to act as a Trustee, either to fill a vacancy, or as an additional Trustee.

ACTIVITIES

The charity exists to provide facilities to individuals and communities who are in need due to poverty or disadvantage, and in doing so to improve their quality of life.

RESULTS

The net incoming resources for the year amounted to a negative amount of (£15,813), leaving a fund balance of £31,925. This compares to an incoming net resource in 2020 of £14,950), and a fund balance of £47,738.

CHARITABLE OBJECTIVES

To establish and develop an attractively designed playground i.e. a playground where moveable equipment and materials are provided with a view to contributing to the health, well-being and happiness of children and safely promoting their educational, physical and emotional development through a wide range of recreational facilities.

FUTURE STRATEGY

The charity plans to continue the activities as outlined above in the forthcoming years subject to satisfactory funding arrangements to benefit the children and families of the Sands End community. Funding and other beneficial support is being sought from the local business community and the wider national and local charitable trust funds.

RESERVES POLICY

The management committee have established a policy whereby the unrestricted funds not committed or investing in tangible fixed assets (‘the free reserves’) held by the charity should be between 3 and 6 months of resources expended. The management committee will continue to seek funding from a broad base of charitable trusts supporting our objectives in order to maintain and improve on current service delivery.

INVESTMENT POLICY

The management committee has considered the most appropriate policy for investing funds and this will be in deposit accounts which will ensure that the funds are in a liquid state at all times. Reserves will be placed in a ‘High Interest’ account in order to make the best of the current financial climate.

FINANCIAL REVIEW

The principal current funding source is the London Borough of Hammersmith & Fulham, along with Sportgate (Polo In The Park). The charity has also secured significant support in 2022 from the John Lyons Charity to support its activities. Additional income is generated through childcare fees, room hire and other chargeable activities. We are seeking and have had successful small local grants for specific activities and will seek larger grants for posts.

RISK REVIEW

The management committee has conducted its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Significant external risks to funding have led to the development of a strategic plan which will allow for diversification of funding and activities. Internal risks are minimised by the implementation of our revised financial procedures. These policies and procedures are periodically reviewed to ensure that they continue to meet the requirements of the charity.

RESPONSIBILITIES OF THE MANAGEMENT COMMITTEE

The Charities Act 2011 requires the management committee to prepare financial statements for each financial year which give a true and fair view of the affairs of the charity at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year. In preparing those financial statements the management committee should follow best practice and:

The management committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the charities act 2011. The management committee is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

MEMBERS OF THE MANAGEMENT COMMITTEE

Members of the management committee, who are trustees for the purpose of charity law, who serve during the period and up to the date of this report are set out on page 3.

INDEPENDENT EXAMINERS

Jorgis Accountants have agreed to act as independent examiners to the charity.

This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities.

Approved by the management committee on 21st December 2022.

and signed on its behalf by

Mr Luke Marlow Chairperson

Mr. Oliver Wessely Treasurer

CHARITY NO. 303048

SANDS END ASSOCIATED PROJECTS IN ACTION

FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2022

SAND END ASSOCIATION PROJECTS IN ACTION

INDEX TO THE FINANCIAL STATEMENTS

Page
Legal and Administrative Information 1
Report of the Management Committee 2-4
Independent Examiners Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes Forming Part of the Financial Statements 8-12

SAND END ASSOCIATION PROJECTS IN ACTION

LEGAL AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER 303048

MANAGEMENT COMMITTEE

Lucy Lee (Appointed 16/05/2019) Oliver Wessely (Appointed 01/05/2018) Clare Hirons (Appointed 07/02/2019) Kristina Chase (Appointed 01/04/2015) Lucas Marlow - Chair (Appointed 01/10/2017)

REGISTERED OFFICE

Marinefield Road London SW6 2LL

INDEPENDENT EXAMINERS Anwar Jorgis AFA- FAIA-ACIPP 3 Cressage Close Southall UB1 2XP

BANKER

HSBC 567 Fulham Road Fulham London SW6 1EX

1

SAND END ASSOCIATION PROJECTS IN ACTION

( A Company Limited by Guarantee )

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SAND END ASSOCIATION PROJECT IN ACTION

Report to the trustees on the preparation of the unaudited accounts of Sand End Association Projects in Action for the period ended 31/03/2022

In order to assist you to fulfil your duties under the CompaniesAct 2006, Jorgis Accountants have prepared for the your approval the accounts of Sand End Association Projects in Action for accounts period 31/03/2018 which comprise the profit And Loss Accounts Income Statements ,the Balance Sheet Statements of Financial Position and the related notes from the accounting records and from information and explanations you have given us.

As practising Jorgis Accountants of the Institute of Financial Accountants (IFA), we are subject to it's ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-publicinterest/memberregulations.

This report is made soley to the trustees of Sand End Association Projects in Action ,as a body with terms of our engagement letter dated 01/04/2018 ,Our work has been undertaken soley to prepare for your approval of Sand End Association Project and state those matters that we have agreed to state to the trustees of Sand End Asscociation in Action Project as a body, in the report.To the fullest extent permitted by law,we do not accept assume responsbility to anyone other than Sand End Association Projects in Action and it's trustees ,as a body,for our work or for this report

It is your duty to ensure that Sand End Association Projects in Action has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets,liabilities,fianacial position Action

is exempt from the statutory audit requirement for the period 31/03/2022

We have been instructed to carry out and audit accounts of Sand End Association Projects in Action , for this reason we have not verified the accuracy or completeness of the accounting record or information and explanations you have given us and we do not ,therefore,express any opinion on the financial statements.

Anwar Jorgis- AFA-AAIA-- MIPA-ACIPP Jorgis Accountants Ltd 3 Cressage Close Southall Middlesex, UB1 2XP

5

SAND END ASSOCIATION PROJECTS IN ACTION

STATEMENT OF FINANACIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Notes
Incoming resources
Incoming Resources from charitable
activities
Grants receivable
2
Incoming Resources from generated
funds
Voluntary Income
Interest income
Total Incoming resources available
for charitable application
Resources Expended
3
Charitable activities
Governance costs
Total Resources expended
Net Incoming/(outgoing) resources
before transfers
Transfers between funds
Fund balances at 01 April 2021
Fund balances at 31 March 2022		 Unrestricted
Restricted
Funds
Funds
2022
2022
8
£
99,699
97,819
97,819
99,699
113,632
99,699		 Total
2022
£
99,699
97,819
197,518
213,331
213,331
(15,813)
47,738
31,925		 Total
2021
£
91,429
43,310
134,739
149,689
99,699 149,689
97,819
-
97,819
-
(14,950)
-
47,738
47,738

6

SAND END ASSOCIATION PROJECTS IN ACTION

BALANCE SHEET

AS AT 31 MARCH 2022

Note
Fixed Assets
Tangible assests
7
Current Assets
Debtors
8
Cash at bank and in hand
Current liabilities
Amount falling due within one year
9
Net current assets
Total assets less current liabilities
Funds
Restricted Fund
Unrestricted Fund
6
Total Funds		 £
13,970
10,554
31,300		 2022
£
17,951
31,925
31,925		 £
20,959
1,829
46,697		 2021
£
26,778
41,854
23,903
31,925		 48,527
21,749
47,738
47,738
47,738

Approved by the Board on 20/12/2022

………………………………………………

LukeMarlow Chair

Charity number : 303048

7

SAND END ASSOCIATION PROJECTS IN ACTION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Restricted income
London Borough of Hammersmith & Fulham
Hammersinth United Charity
John Lyons Charity
London Community Response fund
Covid Job Retention Scheme
Daisy Trust
The Big Given Campaign
Thomas School Foundation
Ground Work
Unrestricted
Fees income
LB H & F Refund
Childcare Fees
Funded Services
Tideway
Donation & Fundraising
Adventure Sbs
Fundraising
Room & Buliding hire
Total Unrestricted
TOTAL INCOME		 2022
2021
£
£
14,500
19,000
19,420
4,500
39,000
9,800
-
17,179
16,628
1,200
1,000
25,579
18,313
4,010
1,000
99,699
91,429
-
234
-
11334
18,008
7883
34,308
-
235
30,317
16908
5,376
1283
-
83
9,810
5350
97,819
43,310
197,518
134,739
TOTAL RESOURCES EXPENDED
Premises Costs
Staff costs(Note 5)
Staff Training
Travel & Trips
Postage & Stationery & office supplies
Cost of day to day service delivery
Hire & Maintenance of equipment
Accountancy fees
Fundraising
Legal fees
Computers & Softwares
Waste & Cleaning
Insurance
Membership & Pubilicity
Subscriptions
Telephone
Light & Heat
Bank Charges
Depreciation
Room hire		 2022
2021
£
£
76,502
11,474
96,861
95,460
296
737
432
1,397
457
22,406
13,870
1,891
811
1,620
1,620
126
3,305
1,241
952
2,270
1,781
294
2,572
48
176
503
516
565
4,341
2,897
72
1
6,989
15,525
220,321
149,689
2022 2021
This is stated after Charging : £ £
Depreciation 6,989 15,525
Trustees Remuneration
5 STAFF COSTS & NUMBERS
Staff costs were as follows: 2022 2021
£ £
Salaries and wages 93,776 93,195
Social Security Costs 2,043 2,265
Pension costs 1,042
96,861 95,460
The average number of employees during the year,calculated on the basis of full t
equivalents ,was as follows:
Number Number
Playground under fives 6 8

The average number of employees during the year,calculated on the basis of full time equivalents ,was as follows:

8

SAND END ASSOCIATION PROJECTS IN ACTION SAND END ASSOCIATION PROJECTS IN ACTION SAND END ASSOCIATION PROJECTS IN ACTION SAND END ASSOCIATION PROJECTS IN ACTION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
6 Movements in funds
At
01.04.21		 Incoming
resources		 Outgoing
resources		 Transfer At
31.03.22
Restricted funds:
-
Management Services - 99,699 99,699 -
- - -
-
Total restricted funds - 99,699 99,699 - -
Unrestricted funds:
General funds 47,738 97,819 113,632 - 31,925
Total unrestricted funds 47,738 97,819 113,632 - 31,925
Total funds 47,738 197,518 213,331 - 31,925

11

SAND END ASSOCIATION PROJECTS IN ACTION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6 TAXATION

The charity is exempt from taxation on its charitable activities.

7
TANGABLE FIXED ASSETS
Costs
At 1 April 2021
Addtions
At 31 March 2022
Depreciation
At 1 April 2021
Change for the Year
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021		 Office and Other
Equipment
44,841
-
44,841
44,841
-
44,841
-		 Shack
Building
34,947
34,947
13,988
6,989
20,977
13,970
20,959		 Total
44,841
34,947
-
79,788
58,830
6,989
-
65,818
13,970
20,959

9

SAND END ASSOCIATION PROJECTS IN ACTION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

8 DEBTORS 2022 2021
£ £
Child care fees 4,242 429
London Borough of Hammersmith & Fulham - 1,400
LMP Action 6,300
Other fees 12
10,554 £ 1,829

9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Taxation & Social Security
Pensions - NEST
Rent -London Brorough of Hammersmith & Fulham
Other creditors		 2022
£
1,528
127
22,248
-		 2021
£
1,381
127
20,079
162
23,903 21,749

10 ENDOWMENT FUNDS

There are no Endowment Funds as the trustees are not legally required to invest or retain any capital

10

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
Income 2022 2021
Restricted
LBHF 14,500 19000
London CommunityResponse fund 17179
DaisyTrust 1,200 1000
John Lyons Charity 39,000 9800
Ground Work 1000
The BigGive Campaign 25,579 18313
Thomas School Foudation 4010
Hammersmith United Charity 19,420 4500
Covid Job Retention Scheme 16628
Total Restricted 99,699 91,429
Unrestricted
Fees income 234
LB H & F Refund 11334
Childcare Fees 18,008 7883
Funded Services 34,308
Tideway 235
Donation & Fundraising 30,317 16908
Adventure Sbs 5,376 1283
Fundraising 83
Room & Bulidinghire 9,810 5350
Total Unrestricted 97,819 43,310
TOTAL INCOME 197,518 134,739
Expenditure
Rent 43,527 10,029
Business Rate 572
Light & Heat 4,341 2,897
Repair & maintenance 25,119 1,445
Buildingcosts
Staff costs 96,861 95,460
Staff costs & training 296
Sessional staff & temporaryworkers
Staff travel & Other costs 432 244
Volunteers expenses -
Stamps
Sationery
Cost fo dayto dayservice delivery 22,406 13,870
Transport
Legal andprofessional fees 3,305 1,241
Telephone 516 565
Accountancyfees 1,620 1,620
Office supplies 1,397 213
Insurance 294 2,572
Bank charges 72 1
Fundrasingexpenses 126
Waste & Cleaning 2,270 1,781
Staff training 296 737
Photocopying
Equipment 1,891 811
Equipment maintenance
Computers & Software 952
Membership& Publicity 48
Subscription 176 503
Depreciation 6,989 15,525
Total expenditure 213,331 149,689
Net fund (15,813) (14,950)

12

( A Company Limited by Guarantee )

SAND END ASSOCIATION PROJECTS IN ACTION

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SAND END ASSOCIATION PROJECT IN ACTION

Report to the trustees on the preparation of the unaudited accounts of Sand End Association Projects in Action f period ended 31/03/2022

In order to assist you to fulfil your duties under the CompaniesAct 2006, Jorgis Accountants have prepared for the your approval the accounts of Sand End Association Projects in Action for accounts period 31/03/2018 w comprise the profit And Loss Accounts Income Statements ,the Balance Sheet Statements of Financial Position and the related notes from the accounting records and from information and explanations you have given us.

As practising Jorgis Accountants of the Institute of Financial Accountants (IFA), we are subject to it's ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-publicinterest/memberregulations.

This report is made soley to the trustees of Sand End Association Projects in Action ,as a body with terms of ou letter dated 01/04/2018 ,Our work has been undertaken soley to prepare for your approval of Sand End Association Project and state those matters that we have agreed to state to the trustees of Sand End Asscociatio Project as a body, in the report.To the fullest extent permitted by law,we do not accept assume responsbility to anyone other than Sand End Association Projects in Action and it's trustees ,as a body,for our work or for thi

It is your duty to ensure that Sand End Association Projects in Action has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets,liabilities,fianacial positionp j Projects in Action

is exempt from the statutory audit requirement for the period 31/03/2022

We have been instructed to carry out and audit accounts of Sand End Association Projects in Action , for this re we have not verified the accuracy or completeness of the accounting record or information and explanations you have given us and we do not ,therefore,express any opinion on the financial statements.

Anwar Jorgis- AFA-AAIA-- MIPA-ACIPP Jorgis Accountants Ltd 3 Cressage Close Southall Middlesex, UB1 2XP

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