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2025-03-31-accounts

Charity registration number 1013897 (England and Wales)

BATH AREA PLAY PROJECT

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

BATH AREA PLAY PROJECT

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees E Hendy T Hill M Ming T Swift O Tailby J Holland K Gingles Charity number (England and Wales) 1013897 Principal address Odd Down Community Centre Odins Road Odd Down Bath BA2 2TL Independent examiner Mark Garrett Chartered Accountant 23 Leafield Industrial Estate Leafield Way Corsham Wiltshire SN13 9RS Bankers Cooperative Bank PO Box 101 1 Balloon Street Manchester M60 4EP Barclays Bank PLC Leicester LE87 2BB

(Appointed 4 June 2025) (Appointed 4 June 2025) (Appointed 4 June 2025)

BATH AREA PLAY PROJECT

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 17

BATH AREA PLAY PROJECT

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report and financial statements for the year ended 31 March 2025.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The policies adopted in furtherance of these objects are listed in the constitution statement and there has been no changes in these during the year.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit when exercising any powers or duties to which the guidance is relevant.

The Charity continues the provision of family play support for children and families, Nurture Groups in schools, Early Years provision, holiday playschemes & youth provision specifically for disabled children and young people in the form of short breaks. The Trustees continued use of reserves in order to ensure the FSPS team were managed effectively.

We successfully applied for funding with the We-Activate group providing places on our free community based play sessions open to all disadvantaged children and families across B&NES, for which grants were used to open these to families in receipt of benefit related Free School meals and receive a free packed lunch. These were vital for families with disabled children as they could then access free spaces on our existing specialist programmes in Easter and Summer school holidays. This opened up the service to more families, some of whom have continued to use the service since.

BATH AREA PLAY PROJECT

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Financial review

Income and expenditure from contracts was used to fulfil our obligations, supporting vulnerable families at full capacity, despite no cost of living or inflationary increases being provided by the Council. Our contract for providing family support and nurture support for children finished in October 2024 following a 50% reduction in the contract value and our partner, choosing to exclude us from the reduced service package. Trustees agreed to use of reserves to sustain the work programme in line with our reserves Policy. We were very pleased with a successful application to the National Lottery in March 2025 and we have been able to build and develop our play and wellbeing support for the next 3 years.

We are coming to the end of a three year grant from Henry Smith and a two year grant from Garfield Weston and are looking forward to sharing the incredible impact and work completed in supporting families and our core functions, which are essential to our overall financial security.

With support from local Trusts and Parish and Town Councils, we were able to provide much needed community play sessions again, supported by a successful Lottery Awards for All application ensuring that children’s voices are central and captured in our delivery. Our work as Lead Partner on the Short Breaks contract was commissioned for a further 3 years, where we work in partnership to provide holiday playschemes for disabled children. The budget for this service from B&NES has to be added to and we are extremely grateful for the support of the Roper Family Trust for their support for children in receipt of FSM to be able to attend . We are registered with the Government Tax free Childcare scheme in order to further support parents/carers when using our services and have fantastic support from Combe Down Holiday Trust, supporting families struggling with costs including for Trips out.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. A level of 5 months’ reserves has been maintained throughout the year. The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Trustees agreed to moving funds into a Fixed Rate Bond to benefit from the increased interest rates this would yield over the course of a year

As part of their ongoing commitment to Quality Governance and Management, the organisation works in line with the ISO9001 Quality Award 2018. The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. As part of their ongoing commitment to Quality Governance and Management, the organisation has held the ISO9001 Quality Award since 2010 and has now achieved the 2018 standard.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. A level of 5 months’ reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. As part of their ongoing commitment to Quality Governance and Management, the organisation has held the ISO9001 Quality Award since 2010 and has now achieved the 2018 standard. Ofsted registration has been maintained for 3 settings we resigned our Childcare Setting for Foxhill and Southside and our Social Care Ofsted registration for Residential Holiday Schemes for Disabled Children.

BATH AREA PLAY PROJECT

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

The charity was established by a charitable trust deed in 1992. The charity objects are as follows:

(i) to advance the education of children and young people.

(ii) to promote a range of inclusive and accessible play opportunities for children in their own communties within the Bath area.

The trustees who served during the year and up to the date of signature of the financial statements were: E Hendy V Heslop (Resigned 30 April 2025) M Bogg (Resigned 4 June 2025) T Hill M Ming T Swift B Harding-Clark (Resigned 31 December 2024) O Tailby (Appointed 4 June 2025) J Holland (Appointed 4 June 2025) K Gingles (Appointed 4 June 2025)

Trustees are recruited from the area in which the Charity operates and are appointed at the annual general meeting.

BAPP Trustees are indebted to Tracy Hill as Trustee Treasurer who has greatly assisted with the transfer of accounts from Quick Books to Xero, bringing payroll in house and ensuring improved financial reporting, greatly assisting Trustees responsibilities in financial management.

The charity's organisation structure consists of a board of unpaid Trustees, who have appointed a director, who is not a trustee, to manage the day to day operation of the charity. The director is supported by a number of paid administration staff in that role. The charity also employs project workers who carry out day to day functional tasks. These staff are under the control of the director and administration team.

Specific investment powers are outlined in the constitution statement.

There were no connected charities.

The trustees' report was approved by the Board of Trustees.

T Swift Trustee Dated: 29 October 2025

BATH AREA PLAY PROJECT

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BATH AREA PLAY PROJECT

I report to the trustees on my examination of the financial statements of Bath Area Play Project (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mark Garrett Chartered Accountant

23 Leafield Industrial Estate Leafield Way Corsham Wiltshire SN13 9RS 28 October 2025

BATH AREA PLAY PROJECT

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Designated
Restricted
funds
funds
funds
general
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
8,224
-
4,131
Incoming resources from
charitable activities
4
494,096
-
200,960
Investments
5
2,654
2,475
-
Other income
7
10,164
-
-
Total income
515,138
2,475
205,091
Expenditure on:
6
Charitable activities
9
590,942
-
-
Net (outgoing)/incoming
resources before transfers
(75,804)
2,475
205,091
Gross transfers between funds
155,074
-
(155,074)
Net income for the year/
Net movement in funds
79,270
2,475
50,017
Fund balances at 1 April 2024
383,955
87,817
-
Fund balances at 31 March
2025
463,225
90,292
50,017		 Total
2025
£
12,355
695,056
5,129
10,164
722,704
590,942
131,762
-
131,762
471,772
603,534		 Total
2024
£
18,051
643,362
1,437
-
662,850
659,838
3,012
-
3,012
468,760
471,772

The statement of financial activities includes all gains and losses recognised in the year.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BATH AREA PLAY PROJECT

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 15 16,234 5,212
Current assets
Debtors 16 37,411 34,416
Cash at bank and in hand 574,087 469,095
611,498 503,511
Creditors: amounts falling due within
one year 17 (24,198) (36,951)
Net current assets 587,300 466,560
Total assets less current liabilities 603,534 471,772
Income funds
Restricted funds 19 50,017 -
Designated funds 20 90,292 87,817
Unrestricted funds - general 463,225 383,955
603,534 471,772

The accounts were approved by the Trustees on 28 October 2025

T Hill

Trustee

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Bath Area Play Project is an unincorporated charity.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business.

1.5 Expenditure

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment 25% reducing balance basis Motor vehicles 25% reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 8,224 4,131 12,355 7,483 10,568 18,051

Donations from The Combe Down Holiday Trust, Norland College, O Cook and The Joyce Fletcher Charitable Trust are all gratefully acknowledged. Our particular thanks for all donations from parents, members of the public at play events and anonymous donors.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Income from charitable activities

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Office
Services provided under
contract
117,894
-
Performance related
grants
350
66,000
Ancillary trading income
2,429
-
Charitable rental income
9,544
-
Other income
2,465
-
Family, play and support
Services provided under
contract
77,890
-
Performance related
grants
-
103,842
Ancillary trading income
-
-
Preschool and creche
Services provided under
contract
58,614
-
Performance related
grants
(9,327)
15,118
Ancillary trading income
64,471
-
Charitable rental income
4,950
-
Other income
-
-
Disabled services
Services provided under
contract
127,198
-
Performance related
grants
15,118
16,000
Ancillary trading income
22,500
-
494,096
200,960
Income from investments
Unrestricted Unrestricted
funds
funds
general Designated
2025
2025
£
£
Interest receivable
2,654
2,475		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
117,894
102,447
-
66,350
-
-
2,429
-
-
9,544
12,239
-
2,465
2,697
-
77,890
136,353
-
103,842
-
66,672
-
714
-
58,614
147,671
-
5,791
690
15,101
64,471
5,913
-
4,950
1,758
-
-
525
-
127,198
128,104
-
31,118
-
2,286
22,500
20,192
-
695,056
559,303
84,059
Total
Unrestricted Unrestricted
funds
funds
general Designated
2025
2024
2024
£
£
£
5,129
-
1,437		 Total
2024
£
102,447
-
-
12,239
2,697
136,353
66,672
714
147,671
15,791
5,913
1,758
525
128,104
2,286
20,192
643,362
Total
2024
£
1,437

5 Income from investments

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Grants and Contracts

Grants and contracts include the following: -

The Garfield Weston Foundation The Henry Smith Trust Curo Medlock Charitable Trust Roper Family Vale of Brislington Lodge Paulton Parish Council Quartet Community Foundation Freemasons Keynsham Town Council Baily Thomas L & C Mortgages Co-op Bank Masonic Charitable Foundation Neighbourly Foundation B&Q The James Dyson Foundation Peasedown St John Parish Council Andrew Fletcher Bath & NE Somerset Council

7 Other income

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Net gain on disposal of tangible fixed assets 10,164 -

8 Comparison with previous year's figures

In the current year, income from recharges of expenditure on consumable materials and trips has been allocated as ancillary trading income. This is unlikely to have been the case in the previous year where the default treatment was to show the income as being provision of services under contract.

The trustees consider that a detailed analysis of the previous year's accounts to reallocate the income would not be an economic exercise and the amounts should remain as previously reported.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

9 Charitable activities

Staff costs
Depreciation and
impairment
Direct Charitable
Expenditure
Payments to subcontract
partners
Share of support costs (see
note 10)
Share of governance costs
(see note 10)		 Office Family, play
and support
Pre-school
and creche
Disabled
services
2025
2025
2025
2025
£
£
£
£
118,572
128,073
145,126
47,446
2,291
-
-
-
-
-
679
7,286
482
1,785
220
21,801
121,345
129,858
146,025
76,533
55,890
24,566
21,460
13,825
1,440
-
-
-
178,675
154,424
167,485
90,358		 Total
2025
£
439,217
2,291
7,965
24,288
473,761
115,741
1,440
590,942		 Total
2024
£
483,287
1,737
21,090
37,984
544,098
114,540
1,200
659,838

10 Support costs

Rent, rates and venue hire
Utility costs
Stationery and postage
Telephone and internet
Materials and repairs
Travel and vehicle costs
Professional fees, bookkeeping, DBS checks,
OFSTED and compliance costs
Staff welfare, hygiene and training
Miscellaneous costs
Accountancy
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
22,905
-
15,343
-
1,112
-
3,384
-
44,745
-
6,171
-
18,913
-
2,474
-
694
-
-
1,440
115,741
1,440
115,741
1,440		 2025
£
22,905
15,343
1,112
3,384
44,745
6,171
18,913
2,474
694
1,440
117,181
117,181		 2024
£
26,392
16,056
449
3,710
37,580
6,884
20,340
1,409
1,720
1,200
115,740
115,740

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

11 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements - -
Depreciation of owned tangible fixed assets 2,291 1,737
Profit on disposal of tangible fixed assets (10,164) -

12 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

13 Employees

The average monthly number employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
42
2025
£
424,801
8,129
6,287
439,217		 2024
Number
43
2024
£
450,968
23,765
8,554
483,287

Part time and sessional staff have been included in the totals above in their entirety and the numbers above do not represent full time equivalent numbers.

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2025 2024
£ £
Aggregate compensation 41,469 41,304

14 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15
Tangible fixed assets
Fixtures,
fittings &
equipment
£
Cost
At 1 April 2024
62,517
Additions
613
Disposals
-
At 31 March 2025
63,130
Depreciation and impairment
At 1 April 2024
59,939
Depreciation charged in the year
694
Eliminated in respect of disposals
-
At 31 March 2025
60,633
Carrying amount
At 31 March 2025
2,497
At 31 March 2024
2,578
16
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
17
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 Motor
vehicles
Total
£
£
11,100
73,617
15,334
15,947
(11,100)
(11,100)
15,334
78,464
8,466
68,405
1,597
2,291
(8,466)
(8,466)
1,597
62,230
13,737
16,234
2,634
5,212
2025
2024
£
£
37,186
22,145
225
(1,766)
-
14,037
37,411
34,416
2025
2024
£
£
4,141
16,885
7,409
15,256
4,038
2,607
8,610
2,203
24,198
36,951

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

18 Retirement benefit schemes

Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 3,005 4,919

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

19 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Transfers At 31 March
2024 resources 2025
£ £ £ £
- 205,091 (155,074) 50,017
Previous year: At 1 April Incoming Transfers At 31 March
2023 resources 2024
£ £ £ £
47,330 94,627 (141,957) -

20 Unrestricted funds - Designated

These are unrestricted funds which are material to the charity's activities.

At 1 April Incoming At 31 March
2024 resources 2025
£ £ £
87,817 2,475 90,292
Previous year: At 1 April Incoming At 31 March
2023 resources 2024
£ £ £
86,380 1,437 87,817

BATH AREA PLAY PROJECT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
General funds 383,955 515,138 (590,942) 155,074 463,225
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
General funds 335,050 566,786 (659,838) 141,957 383,955

22 Analysis of net assets between funds

Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
Designated
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
16,234
-
-
Current assets/(liabilities)
291,917
90,292
205,091
308,151
90,292
205,091
Per balance sheet
463,225
90,292
50,017
Balance to allocate
155,074
-
(155,074)
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
Designated
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
5,212
-
-
Current assets/(liabilities)
378,743
87,817
-
383,955
87,817
-		 Total
2025
£
16,234
587,300
603,534
603,534
-
Total
2024
£
5,212
466,560
471,772

23 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).