Crmnpany number. 01284754
Charity number. 505813
Places
for People
The Places Foundation
Financial Statements
Foi ￿ yearending 31 Marth 2021
*AaHNNDBF*
2011112021
COMPANIES HOUSE
#78

The Places Foundatlon
Financial Statements
For the year •ndlng 31 March 2021
CONTENTS
R¢pfyt of the Trustees
Report ol the Independert ALrthts¥ to the Members of The Places FtyJThJati
Statement of Finar￿A Acliwties
Statement of Financi￿ P￿Ill0n
12
Notes to the FinanrA Statements
13

Tha PFaces Foundation
Financial Statements
Fof the year ending 31 Mar¢h 2021
A Winthrfey
L Lackey .
D Marw-L•mi 01 20201
A Daniel
{aA)&nted 15 Febnjary 20211
R Gr8gJy
laFwnted 01 February 20211
Ires1￿ ￿ 01 Ctfcoer 20201
{resyd Lm 31 Janwy 20211
{restyyd 31 20211
C pl￿11p5
A Ckal
ECZV 6EE
38 Fthrgate
PR1 2A0
012847541. tt i5 aL￿ a dwty {numW 5058131.
IAarMgen*nt delegallon
The TrLL%tees haNt édegated dayth tjay ￿th* f*8rity to
Ihe Sco¥ ￿"rector ofthe F4xes for Gro

Thè Places F¢undaiii>n
Rèport tif thè Trustees
For lh• y•ar ènding 31 Mar¢h 2021
Iho PLqcA$ F(xfflO8kn L8 a kn*i•J ty gL48rarfeo (P& 01284754L 11 ¢ a8 a ChatyCtynmw*n Mi
Tww*• In*kn11￿ and tranlng
bwDg ddDiered.
a￿Y Inleresi. The Soaal Va￿Je Dxeclor ofthe Places P¢f* ¢>wfthg fw? Ihfr dayf 10 day r4ittati￿5 dlhe chffj and
rry¢rts progre5$ to the Bo3rd.
FudoDabons ¢p4er£S.L*O. exh indNbJua wcw5al ￿ cl￿7$*1(r•d ty th• Brwd al1n￿te*S lu a caTrryMltee ofthe 8c4rd e51at4￿hed for

The Places Foundati4)n
Report of the Trustees
For the year ending 31 Mareh 2021
boYtr￿ its fixed costs o19xra￿.
sufficlem to its ILgbths as tsy Wl d￿ltyth8t F*W.
The 48"•*)pred K4ty2019 ro qu8* of fry p8091• ￿ ¢i7mmun￿¢S, parl)J￿￿lQr
Is ca￿tle Ofdel￿th￿
•ffOoyTMnt, healtrty•aiNw. dwjL￿ ¥*J ess&th*trJ bryJknÈr8tAe FwA& dufw￿ Cowd 19.
ddkvering I￿￿￿lu31 enlne iupwth. SvrML*thf. Pw Up ry¢4•¢tTrA￿ p•)pl• * thrt pwoted its

The Places Foundation
Report of the Trustees
For the.￿ar éndlng 31 March 2021
ha5 Invesl&Y a tolal of £62S.(OJ ￿ &"9 151￿ knvestYAt*th ￿ behj used lo >J ard sraal erte￿Se5. Th￿e
Duriry tr* FtrJndakn iTr4esied oso.ts)) Ml tr* F¥ ty Oeyw F￿d by As¢￿￿ Ventuos aTh* aims
¢h 1$ A gTr•rt thermostst 10 adth￿ W p)¥wty. AkwMJfj tt* fwxl is ¥ i88 fv•J èyriAnt•
Cfynmunty FuTrJ th• Eurrsw FU￿1. Th• rth)iea &) Cus￿￿$89¢￿ SO a￿ty wand tr 16
fimding the year 3.5 FfE ￿4￿910 LTrrt*Ye *4WI to kxr¥4• A) L•KthK8.
Ife irrorthYr8 L*ry.
2021 ¥JBre £1,650.￿)(2￿tr. £l.252,l￿)I.
Ihe ¢h8rity* b• W in the n8m8 fA a wir*¢. k o th¢ N*#Js r¢¢¢N•O byTr P*¢8 F￿J￿#t￿ invo¥e (wo￿ty01&fo
alla4￿ the to I￿•¥e int4rn1 irmr*.

The Places Foundation
Atport of thè Trustees
For th• y•ar •ndlng 31 March 2021
supyt knng tonn pr¢jects. Bo¥0 has adfwd a pYi¢yto rtswves In kxwgjrt not to
do not fall knto tho fryw¢atw•xy.
in the ILW tum.
Th• kty a¢￿8$ ¢Mr3)211Z2. •• '.
ddNfjrBd dirEcty¢yllvrywh
TaYa14on
orsecth￿ 256 ￿the Taxakn dChary2atrAe t*the extait 10 its ith•it*• rti¢th¢. r4* cha￿ h•$
. Wi5eD In the ￿.
Al the lin olaFPw￿ of W.

The Places Foundat14)n
Report of the Trustees
For the year éndlng 31 Ma*ch 2021
inclL**ng FRS 102 The Aer¥*b"r*J St•*lArd ar¥knble kTr UK *bl Irylwé.
swièafarfaits dthe tharilab* e¥rns5 (y4er k¢lh3t In prepaiing the Charitab￿
fin8n(iai ¥tatwnenLS. th Tnjstees wj reffjwBd
re&￿C amwnalfve to do 50.
8ts1ty to conlnue as a png fyxcern, 8$ to xffj¢wn." the of
By ordw of th• e¢¥ar
C klartln

The Places Foundation
Report of th• Ind•pend•nt Auditor
For the year endlng 31 March 2021
Opinlo
g%*8 thjo fa¥yiwrftho ¢b*iPth tsJrp*rrf5 41kn$ 8$ #31 ljlwth 2021 WYlitY4
appkaNe li uK5￿d AopJt* d Iro¥Thl'
B•th f•r
elhKal requIrem￿tr inc*Jdry FRC Eti￿ Sw#lord. We be￿￿• Ihe •Jtht evthnce ¥A ha¥e obta1￿ ￿ a 5uffmnl aTrJ apprcyriat•
for c￿r ownyji.
cease its 0￿ratior￿, and as b*have the chwrfatrA• cwarrf5 that 15 They hawe a150
l)Jt wk".
.R8aL*tvJ and (>w) cfynmiNee rnm1￿.
We did not hlentsfyary addrfQr￿ ft￿￿ nsts.

The Places Foundation
Report of tho Independent Audiior
Fry the year ending 31 March 2021
W• perfonned procedw•s Inclwllng:
Ikaty thè inhor•nty prr￿&du￿ •thY4 s￿r￿•ds IL
Irb a$ %%ith any auort. ￿r¢ rwwinod a fraL¥J. as tr)B5e rroy CLlbJsw. frywry. irrt8rtwJnal
ssior￿. n*srepresÈntsicAlS. ￿ the ¢YdafMle 01 Intèmd (x*)rft*. ￿taJdit wr<edurE5 are de￿ to dete¢* materi* m*statern￿<. W• art

The Places Foundati+
Report of the Independent Audftor
For the year ending 31 March 2021
Ilatters on *thlch ¥rn are 10 I•Wity•xwdc
U￿¢r the CtyMp8nies 21x1% * *e re¢wJ.* rf. ul
PA￿ by us..
ts)rnwny W a￿ reswwt4e tr th• 5talemerts *¥J 5alisfied that they a bue ¢aYviw, such
AudW$ rnsponAll*ltll4*
¥thÈther due to fraud or to n an r￿rL Ra8sts)thas￿A￿ L% a ol assur8￿. bjl ¢*Je5 .
guar8ntee that an audl conducied ISAS I1J()￿l d*efJ a ow•ig1 n*$￿tty￿￿ It ￿$1$. Mtsswernents ¢Jn
aris• from fraud cff and are consdwed mat•rial rf. or in a4war&. exp￿d 10 in1kw￿* th•
lo thern ID an athiiorf$ rBk¥* rwj itr purwJEe. To tre th5t exknl perrrthy ¥R acceo rKasgarne re¥bJrAibdtylc
anyone ¢Jherthan me *)rr￿Y*vJ il¥ as a bc¢Jy. lur ow audit Nfo-the wo I￿e foWm￿J. .
I Sl Pelws Sw*e
anL*e*tr
k42 3AE
22 SApierrb¥ 2021

Th• PLIc￿ Foundatioli
8tatementolFin8DCi?l *lrdil*s1kn¢14M1￿gth11nCorn¢¥M1 Exw(kn *t¢OuMI
FOrt￿y￿r end1￿9 31 Ilar¢h 2W1
Tatsl
525
628
(31
ilo)
Tol4

Company number.. 1284754
The Plac¢s Foundation
Statement of Financial Position
For the year ending 31 Pjarch 2021
2021
2020
rooo
FIX￿ as￿%
762
425
Debt￿5
915
664
Cash at bank and in harKI
1,000
Cveditars- arnounts lalh'n9 due wilhin
10
(112)
{1211
Net Current assets I Il&*llltles)
827
Total assets Ivas r￿lf￿leS
1.650
1.252
The lu•)ds ofthe
Unrestricted i￿(Me fvnds
Restri¢led income fv
1.619
31
1.650
1.236
16
1,252
11
Th¢ notes on pages 13 to 16 lrym an iiWr4 part of Il*se ￿ne￿I81 Slatwne￿.
The finanol statwnert8 on page$ 11 to 16 ori ￿ September 2021 and signed
its behalf by..
A Wlnstsnley

The Places Foundation
Notes to the Financral Statements
For the year endlng 31 March 2021
PRINCIPAL ACCOUIfflNG POLICES
A¢coun¢lng Polkl•s
8￿5 of w•paration
The financkal slaternents ha4* been Yepa￿j in ac¢x*danc¢*ith kcal￿1rw￿ and RertifjThJ by Chafthes.. Stalemert
ol R￿mmerted Practice aprAicabbe lo charibes yep8rir#J ltror a¢¢ounts m a¢rA*dw Mbith the
Reprn S12ndard apFAiabte ￿ the UK aTh1 FieWt4￿ cl Irthxl IFRS 1021 leffth* 1 Jar￿ry 2015IICharibes
SORP IFRS 10211, Ihe Fmncial ReFUth￿ StsTrtsd aFVulYe in ts UK of Ireland IFRS 1021 and the
CcmFénies Act 21￿.
appropriate the reasm5.
The bu5ine55 mc##el oflhe chanty that ts ¢harilatk aLiMlies we lo tlw ¥•lKh it 5uffioenifurxts
¢0 $uw¢rl frfyn the oxus$ re¢•¥*d L¥)Sts of *fflvk5twing tharpty. Tho d)*ty Uw¢for¢ hos
Tre Tvu*ees ha¥e femewl Ihe rash ftse¢xts a Fwx>J ￿ 12 frtyn ¢J•e ofapproval ofthese
flnanoa statsments irtkate Iha¢ lthng attount of s¢sw¢ •jty￿￿eS, indLvJing dwiges arisng
the CrN*J-19 pandernic, the to meet its Ik*ilits"es as Ih8y f￿1 due Ih8t.
perroj. The tnjstees theretre ccrfthue to o)rwn b8sis in We￿r￿j the finanual
51aternents.
Basis of accounting
Slgnlfi¢an¢ ullmatos and ¢ritical judg•rn
ststeffl•nt of cash IIow5
Ine4*ne
Grft Is ￿C¢Yjnis&Y at Ihe date of the meeting in ￿lch rt i8 4¥¥05*d.
rnaiontyof th8 chanty's tumw is exen¥l VAT. ¢•1afft a¢tswbes ￿ subjed to VAT and &4ve lisa
Finan¢ial Instrnmtnts
Cash al bank in har*J in the slalem6rt￿fvvriaI 811 cash cash equNaknts that rn8￿r•
L¥ are comvbble wI￿n ¢hree rnontr6 tr less. Oth¥ debiofs ueditff5 wth ￿ stated intvest rtte ard re¢eivab
paydble within yearar¢ re¢4ydwJ ai transa¢tity w*e. kny k￿Se$ *sirwJ ifiymwt ￿ re¢Cgni$￿ in
Flxed a$8et Sn¥estsnw
any triguers that wttukl lea 10 impairTwt rewew. e¥ait ¢faty impain*)L the InN*SIm*￿ is measured at
the kmer of rts rWAwer*)￿ its value in w. in WWJres *e reco9rised intslly at c￿1
SytseqL￿fty rneasur•Y Ltsing eryity ffle￿.

The Places Foundation
Notes to the Financial Statements
For the year ending 31 March 2021
INVESTIAENT INCOlIe.
ro
All fvnds
JI hJTrJ$
2021
Prnjxt:
ro
102
102
DC*4AmQNS *J4D LEG￿s
2020
rooo
ssl
525
oTheR
2011
2020
ro
105
NET ExpeNThTURe FOR The YE*R
2021
2020
Ths IS st4t•4 aftor +*lry:

The Plac•s F¢)undation
N¢tes to the Flnan¢ial Stalements
For the year ending 31 March 2021
EMPLOYE2S
2020
425
425
DEBTORS
20
2020
roth)
531
knojnis due I￿1 uThJert2kJrw
124
915
1th CREDfri￿. *Mouiirs FJLUNG DUE Vrn C*4É YE*A
10
112

The Plau$ Foundation
Notès to the Financial Statements
.For the year ènding 31 Mar¢h 2021
11. RESERVES
Totsl
Total
rwo
At) Apll
16
628.
EY￿￿lIur• .
At 31 March
1.619
31
1.252
Cash 81 bank and *N*slm8rts .
709
Other curyent asgets .
CLwf8rt OAblitlesyasse18
915
915
{1431
31
1.119
31
memt)eragrees to o￿tri￿￿Jt¢ £1 in e4wt otllwj rnrnpany ￿.
12. ReLATED P￿TRANs￿￿ AND ULT•IA7E PARENT UIWiT*JaNG
Placts Foundation a Su￿￿YofthÈ F4*es It* Pet¥le Grcw ￿mi￿J. W) Clwsth. L¢￿1. EC2V 6E& A¥ the