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2021-07-31-accounts

KENNFORD PLAYBOX

REGISTERED CHARITY NO: 1034100

RECEIPTS & PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31ST JULY 2021

INCOME
Fees
SEN/ PP/Deprivation
Authority Funding
Individual Inclusion Funding
Grants
Donations
Fundraising
Milk Refund
Books/bags
Interest Received
Other Income
HMRC SSP Grant
HMRC Job Retention Grant
Transfers
EXPENDITURE
Employee Costs
HMRC (Employers NI)
NEST (Employers Pension)
Training and staff expenses
Rent
Consumables
Non-asset equipment
Children's projects / courses / entertainme
Administration and premises expenses
Advertising & Marketing
Travel Expenses
Legal and Professional
Uniform and Safety Clothing
Health & Safety
Repairs & Renewals
Fundraising expenses
Insurance/Subscriptions
Play Equipment
Books
Donations to other charities
Other Expenditure 1
SURPLUS FOR THE YEAR
APPLICATION OF FUNDS
Equipment/Books Etc.
Kenn Centre Grant Funds
NET (DEFICIT)/ SURPLUS TRANSFERR*
62280.63
794.63
970.04
1000.00
1683.96
nt
2226.90
127.17
150.00
39.91
251.06
579.48
1657.61
1357.32
294.81
2021
£
79496.87
1220.95
789.36
1207.99
18.07
128.50
886.26
83748.00

64327.59

660.14

1209.40

3000.00

1121.72

2469.36

101.40
4.60

100.00

891.18



1656.36

3147.51














39256.88

32014.49

30866.85

194.56
113573.08
Total

339.10
Trade Debtors
-1143.42
Liabilities
ts
1852.94
Itemised Asset
114621.70
1048.62
available all relevant records and informatio
7.18 period.
£
80463.58
2317.34
247.00
218.08
106.50
263.90
2012.79
85629.19












78689.26
6939.93
6939.93
97410.66
-63.37
97347.29
6939.93
104287.22
922.58
98.87
932.99
102332.78




102332.78

922.58
98.87
s
932.99
104287.22

1954.44
n for
2020
62
-2


4
2
3

1
£
792.11
931.68
474.48
730.23
000.00
099.18
38.25
580.01
538.42
400.90
51.00
£
86145.29
1837.55
1182.55
238.87
318.50
89722.76











72772.90
16949.86
-1979.10
14970.76
84350.99
-1974.46
82376.53
14970.76
97347.29
-63.37
97410.66




97410.66
rs
943.00
-1006.37
97347.29
-63.37
2019
£
59236.88
2931.68
297.98
640.65
5000.00
2185.62
0.00
0.00
7555.13
1114.42
0.00
1395.94
0.00
0.00
£
90636.20
2912.75
0.00
0.00
0.00
599.83
0.00
0.00
129.66
273.50
94551.94














(80,358)
14193.64
-7261.83
0.00
6931.81
75444.72
75444.72
6931.81
82376.53
-1974.46
84350.99




84350.99
or
752.48
£
(2,726.94)
£
82,376.53
£
-1974.46
2018
£
49,641
1,594
399
2,819
4,000
152
243
1,892
3,277
66
304
1,342
0
790
£
24,997
59,347
2,128
0
1,623
0
27
127
1,234
0
89,482














(66,517)
22,965
(5,870)
0
17,095
57,870
75444.72




75444.72
2017
£
47,894
9,283
72
1,293
4,368
872
1,478
458
396
0
39
1,522
0
1,228
£
30,074
47,393
379
0
1,572
393
348
148
161
0
80,468














(68,903)
11,565
(2,074)
0
9,491
48,379
57,870



57,870
2016
£
51,643
4,940
0
166
3,000
1,235
2,021
870
100
0
961
2,035
0
1,140
£
21,133
61,194
0
1,273
1,411
550
172
121
0
0
85,854














(68,110)
17,744
(8,121)
0
9,623
38,756
48,379



48,379
2015
£
41,563
5,670
0
0
4,000
3,848
994
344
0
194
1,209
0
605
£
26,287
36,614
0
0
429
218
80
120
190
0
63,938





Consumables and non
equipment combined







(58,427)
5,511
(922)
0
4,589
34,166
38,755



38,756
2014
73413.52 34
31
30

Tot
Trad
873.20
902.16
023.76
611.54
al
e Debto
22592.60
31779.08
29907.97
71.34
Total
Trade Debt
29352.33
16722.64
29334.75
35.00
26,926
1,701
29,243
24,166
7,990
16,223
14,664
7,950
16,142
10334.48
ED
10334.48
102332.78
e
1954.44
TO RESERVES
Accumulated Surplus Brought Forward
Debtors and liability adjustment previous y
Profit
Accumulated Surplus Carried Forward
104287.22
10334.48
114621.70
339.10
-1143.42
1852.94
113573.08
49936.20
42024.36
20875.05
737.47
Total
Trade Debtors
Debtors liability adjustment current year
Creditors liability adjustment current year
Itemised Assets
Closing Bank Balance
REPRESENTED BY:-
Bank Balances:
Current Account
General Reserve
Redundancy Reserve
Cash
Plus
We approve this account, and confirm that
its preparation. Records were transferred
Liabilities
Itemised Asse
Liabi lities Liabilities
we have made
to SAGE in 201

..............................Treasurer

..............................Chair

FIXED ASSETS
Value B/F
Depreciation of Fixed Assets
Acquisitions
Office Equipment & Furniture
Equipment, Books Etc.
Sheds
Playground Basics & Climbing frame
Soft play surfacing
CURRENT ASSETS
Bank Balances:
Current Account
General Reserve
Redundancy Reserve
Cash
NET ASSETS
FINANCED BY:
Reserves B/fwd
Re-valuation of Fixed Assets
Net (Deficit)/Surplus for the Year:
Profit for the Year
Acquisitions
Creditors and Debtors Adjustment Current Year
Creditors and Debtors Adjustment Current Year
Play Equipment
Reserves C/fwd
49936.20
42024.36
20875.05
737.47
2021
2020
2019
2018
2017
2016
£
£
£
£
35674.82
35374.61
37649.01
33650.00
30946.46
31162.46
25651.17
27,153
29,577
21,533
20,876
-4258.53
-4342.20
-4253.50
-3262.82
(3,166)
-2290.00
-2610.00 1
(2,424)
(2,508)
(1,000)
(500)
8121.29
2277.27
4642.41
1979.10
7261.83
5870.00
-
133
2074.00
922
83
2,046
762
-
200
3,800
62
3,198
-
0.00
-
-
9,044
1,157
33693.56
35674.82
35374.61
37649.01
33650.00
30946.46
31162.46
25,651
27,153
29,577
21,533

39256.88
34873.20
22592.60
29352.33
26926.00
24165.91
14,664
10,195
6,057
13,154

32014.49
31902.16
31779.08
16722.64
1700.95
7990.06
7,950
7,911
7,874
14,800

30866.85
30023.76
29907.97
29334.75
29242.89
16222.87
16,142
16,061
15,982
8,460

194.56
611.54
71.34
35.00

102332.78
97410.66
84350.99
75444.72
57869.84
48378.84
38,756
34,167
29,913
36,414
147266.64
138007.60
132785.27
122000.00
109094.72
88816.30
79541.30
64,407
61,320
59,490
57,947

132785.27
122000.00
109094.72
88816.30
79541.30
64407.25
61,320
59,490
57,947
45,294

-4342.20
-4253.50
-3262.82
-3166.00
-2290.00
-2610.00
1
(2,424)
(2,508)
(1,000)
(500)

6939.93
14970.76
6931.81
17095.24
9491.20
9622.81
4,589
4,254
(6,501)
11,996

4642.41
1979.10
7261.83
5870.00
2074.00
8121.29
922
83
9,044
1,024

1954.44

63.37

-1911.09
1974.46
479.18
-0.20
-0.05
-
133

138007.60
132785.27
122000.00
109094.72
88816.30
79541.30
64,408
61,320
59,490
57,947
2011
2012
2014
2013
2015
113573.08
138007.60
-4258.53
10334.48
2277.27
1048.62
-1954.44
-1357.32
147266.64

Notes:*1 - There was an error in the depreciation figure from 2014/15, which I have corrected for the 15/16 Accounts, in order to ensure that the correct reserves figure is reported for 15/16

Public

Kennford Playbox Registered Charity 1034100

Trustees’ Annual Report on the statutory accounts for the year ending 31[st] July 2021.

Total Income for this year: £83,748.00 Compared to last year at £85,629.19. The Major income components were £56,919.69 in local authority funding (Devon County Council), £398.06 SEN allocation, £199.03 universal deprivation allocation, £623.86 pupil premium allocation, £789.36 individual inclusion funding, £22,705.68 private fees, and £886.26 job retention scheme.

Fundraising contributed to £1207.99 and bank interest of £18.07

Further outstanding fees and payments not deposited before July 31[st] 2021 will appear in next year’s accounts.

Total expenditure for this year : £73,413.52 compared to last year of £78,689.26. The major expenditure components were £62,280.63 on employee costs and Play equipment cost £1,357.32 which includes the sensory dome at a cost of £782.55.

Equipment: Total expenditure on major assets was: £3584.22 (£1357.32 on new play equipment & £2226.90 on premises expenses and administration costs.) This was a slight increase on the year before due to wear and tear and the new sensory dome.

Operating profit/loss: For this financial year we have an operating profit of £10,334.48 compared to last years operating profit of £6,939.93. This increase profit of £3394.55 was due to an increase in fundraising and a reduction in rent for the period due to the pandemic.

Overview: Despite numerous challenges due to the pandemic, Kennford Playbox has remained in a stable position this year. Our income was lower than previous years due to lower numbers of children attending. Staff wages were increased from April 2021 in line with the increase in national minimum wage. Playbox spent £62,280.63 on employee costs compared to £64,327.59 last year.

Fees: Devon County Council Funding for 3- & 4-year-olds increased from £4.16 to £4.20 in April 2021. The total income for this year was only down by £1,881.19 This was due to a reduction in fees paid exclusively by parents and an increase in 30 hours funded places for 3 & 4 year-olds.

Fundraising and Donations: A total of £1207.99 was raised by fundraising events throughout the year. The money raised has helped to pay for our nonessential activities such as our egg hatching program and animal encounters as well as our sensory dome.

Redundancy: The staff redundancy provision in the event of playbox closing is recalculated at the end of each financial year to calculate redundancy as well as sufficient notice period for each member

Public

of staff. The end of year balance for this account was £20,875.05, which was significantly reduced due to a longstanding staff member retiring.

Comments: We are pleased that our forecasting of a large loss for this year has not been the case. Although numbers are currently down on that of last year, it is anticipated that the forecast increase in birth rates for subsequent years and the new housing local to the village that is being built will enable future years accounts to break even. Fundraising will need to be increased to provide further income to support future wage increases and purchasing of new IT equipment.

Signed Hannah Byrne

Treasurer