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2023-03-29-accounts

REGISTERED COMPANY NUMBER: 02925303 (England and Wales) REGISTERED CHARITY NUMBER: 1048263

Report of the Trustees and Financial Statements for the Period Ended 29 March 2023

for

Merseyside Play Action Council

Merseyside Play Action Council

Contents of the Financial Statements for the Period Ended 29 March 2023

Page
Report of the Trustees 1 to 3
Independent Auditor's Report 4 to 7
Statement of Financial Activities 8
Balance Sheet 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 20
Detailed Statement of Financial Activities 21 to 22

Merseyside Play Action Council

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02925303 (England and Wales)

Registered Charity number 1048263

Registered office

1-27 Bridport Street Liverpool L3 5QF

Trustees

C A Bennett J Albertina C Banks (Resigned 07.12.2022) K Campbell M Hornsby (Resigned 07.12.2022) B Kendall (Resigned 07.12.2022) S L A Lee E Wong

Company Secretary

C A Bennett

Auditor

Lonsdale & Marsh 509-510 Cotton Exchange Bixteth Street Liverpool L3 9LQ

Telephone No. 0151 708 0468

Merseyside Play Action Council

Report of the Trustees

for the Period Ended 29 March 2023

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period ended 29 March 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Merseyside Play Action Council (MPAC) has been developing play across Merseyside since 1974. As the Play Resource Centre for the City, we support all children, young people and families. Our mission is to:

Physical health and wellbeing engagement, martial arts training (Hung Gar Kung Fu), gym facilities, fitness sessions etc.

Creative art sessions, utilising dedicated spaces within our building for young people to access a range of hands on creative art activities. This includes everything from printing activities such as Grid Art and Gelli Art to pottery, candle making, macramé workshops, 3D printing, graffiti art, air brushing, Arts-in-play residencies on play schemes, city-wide and year-round.

Music tuition and technology activities, with dedicated spaces for tuition, music recording and production and separate performance spaces.

Detached youth work, via local detached youth workers engaging young people from excluded, vulnerable and/or ‘at-risk’ groups. This involves trust building exercises in key areas of the city (as identified by local police forces) aimed at developing positive relationships that resolve key issues and encourage positive choices. This may include participation in MPAC’s centre-based activities.

STRATEGIC REPORT

Achievement and performance review of the charity

The MPAC main activity in 2022/23 was running the government-initiated Holiday Activities and Food (HAF) programme for children with funding from Liverpool City Council. This programme provides for play and youth provision during the Easter, Summer and Winter school holidays. In addition, with funding provided by Liverpool City Council, MPAC was also able to deliver our ‘Eat to Meet’ programme in each of the other halfterm periods.

Page 1

Merseyside Play Action Council

Report of the Trustees for the Period Ended 29 March 2023

No. of
providers		 No. of
children		 No. of
meals		 SEND
Places		 Vol. hours Real Living Wage
equivalent
Easter
2022		 102 6,812 64,665 1,035 9,723 £105,980
May 2022 87 5,559 35,263 875 5,097 £55,557
Summer
2022		 115 12,707 247,000 1,859 24,712 £269,360
October
2022		 99 6,631 31,983 843 5,475 £59,677
Winter
2022		 87 5,177 42,665 937 5,080 £55,372
February
2023		 109 5,339 36,581 779 5,140 £56,026
599 42,225 458,157 6,328 55,227 £601,972

The HAF and Eat to Meet programmes run along similar lines and provide children and young people with the opportunity to take part in free, locally based activities which also gives access to at least one meal a day. Children and young people also learn about healthy eating and nutrition while developing a range of new skills. Our provider base of organisations is largely made up of locally based voluntary and community organisations and their commitment and dedication has been outstanding.

We have developed quality assurance handbooks that outlines our funding process, our safeguarding processes and financial systems. The handbook also contains a Quality Assurance Matrix, against which providers can be measured and this is used by staff on site visits alongside our visits log. Over the course of the period we visited all projects enabling us to not only monitor and assess the provision but also offer sustainability and development support to groups with issues such as funding and community development and engagement.

It is also worth noting that MPAC began running a programme very similar to the HAF back in 2010 and so, when we started the HAF programme, we already had many years’ experience of working with providers in relation to activities and food through our Positive About Play Programme. In practice this means that for the past 13 years we have been working with over 70% of our providers which provides a high level of due diligence and knowledge and understanding of how the providers operate. We continue to be in regular contact with providers providing support, guidance and advice on a regular basis, alongside our training programme. In 2022/23 over 200 individuals attended MPAC training.

We also run a DBS service for providers and other voluntary and statutory agencies.

We have also developed the MPAC App, which providers use to keep up to date with HAF information, download useful information and receive reminders about application and monitoring dates, as well as training dates. The app is password protected for providers but can be used by anyone to keep up to date with our work and the HAF programme.

Over 50 HAF providers were represented at the HAF ‘Thank You Celebration and Networking Event’ in June 2023. The event provided an opportunity for providers to share good practice, meet each other in person, meet enrichment providers and learn about the next HAF funding round, as well as providing networking opportunities.

Page 2

Merseyside Play Action Council

Report of the Trustees

for the Period Ended 29 March 2023

In September 2022 MPAC recruited a Sustainability and Development Manager who, to date, has helped our providers raise over £1.3 million in additional funding, with many more applications in the pipeline. In addition, in February 2023 we also appointed a Partnership and Engagement Manager whose role is to work closely with providers across a range of issues including working with parents and carers, developing Special Educational Needs and Disabilities (SEND) provision and identifying other issues that we can support providers with. Our wide network of voluntary and statutory partners means we are well placed to bring organisations from across the spectrum together, using a Community of Practice model, to find practical and meaningful solutions to any issues and to explore new ideas around delivery and collaboration.

We are constantly working with partners to ensure that the programme is meeting the needs of children and their families. This includes working with the universities in the City. One of the services that we can offer through the Law Clinic at the University is free legal advice to parents of SEND children, and providers attended a briefing session on this issue, with more to follow in 2023/24.

FINANCIAL REVIEW

Reserves Policy

It is the policy of the company to maintain unrestricted reserves at a level which provides sufficient resources to cover management, administration and support costs and to respond to any unforeseen circumstances. The Trustees aim to maintain a surplus over the long term, and pursue stringent cash management.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association which were incorporated on 4 May 1994, registered on 26 July 1995 and amended on 21 April 2008.

The Trustees

The Trustees as Charity Trustees have control of the Charity and its property and Funds. The Trustees when complete consist of at least five and not more than 10.

Every Trustee must sign a declaration of willingness to act as a charity trustee of the Charity before he or she is eligible to vote at any meeting of the Trustees.

One third (or the number nearest one third) of the Trustees must retire at each AGM, those longest in office retiring first and the choice between any of equal service being made by drawing lots.

A Trustee's term of office automatically terminates if he or she is disqualified under the Charities Act 1993 from acting as a charity trustee.

The Trustees may at any time co-opt any person duly qualified to be appointed as a Trustee to fill a vacancy in their number or as an additional Trustee, but a co-opted Trustee holds office only until the next AGM.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 11 June 2024 and signed on the board's behalf by:

C A Bennett - Trustee

Page 3

Independent Auditor’s Report to the Trustees of Merseyside Play Action Council

Opinion

We have audited the financial statements of Merseyside Play Action Council (the ‘charity’) for the period ended 29 March 2023 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 4

Independent Auditor’s Report (Continued) To the Trustees of Merseyside Play Action Council

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity and determined that the most significant are those that relate to Care Quality Commission requirements. We also considered those laws and regulations that have a direct impact on the financial statements such as Charity SORP including FRS 102 and Companies Act 2006.

Page 5

Independent Auditor’s Report (Continued) To the Trustees of Merseyside Play Action Council

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, included the following:

We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including override of controls) and addressed the risk through testing of journal entries to identify unusual transactions and assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed our audit procedures which included, but was not limited to:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulations. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Page 6

Independent Auditor’s Report (Continued) To the Trustees of Merseyside Play Action Council

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicholas James O’Donovan (Senior Statutory Auditor)
For and on behalf of Lonsdale & Marsh
 11 June 2024
Chartered Accountants
Statutory Auditor
509-510 Cotton Exchange
Bixteth Street
Liverpool
L3 9LQ

Page 7

Merseyside Play Action Council

Statement of Financial Activities for the Period Ended 29 March 2023

Unrestricted
funds
Notes
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
36,707
Charitable activities
Children’s Play Schemes 5
-
Other trading activities
3
133,614
Investment income
4
65,370
Total
235,691
EXPENDITURE ON
Raising funds
6
16,473
Charitable activities
Children’s Play Schemes 7
21,518
Total
37,991
NET
INCOME/(EXPENDITURE)
197,700
RECONCILIATION OF
FUNDS
Total funds brought forward
250,817
TOTAL FUNDS CARRIED
FORWARD
448,517		 29.03.23
Restricted
Endowment
Total
funds
fund
funds
£
£
£
-
-
36,707
964,111
-
964,111
-
-
133,614
-
-
65,370
964,111
-
1,199,802
-
624
17,097
983,457
5,364
1,010,339
983,457
5,988
1,027,436
(19,346)
(5,988)
172,366
347,499
71,851
670,167
328,153
65,683
842,533		 31.03.22
Total
funds
£
67,407
525,277
111,007
46,326
750,017
20,723
543,783
564,506
185,511
484,656
670,167

The notes form part of these financial statements

Page 8

Merseyside Play Action Council

Balance Sheet 29 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
12
51,702
CURRENT ASSETS
Stocks
13
6,280
Debtors
14
7,273
Cash at bank and in hand
415,338
428,891
CREDITORS
Amounts falling due within
one year
15
(32,076)
NET CURRENT ASSETS
396,815
TOTAL ASSETS LESS
CURRENT LIABILITIES
448,517
NET ASSETS
448,517
FUNDS
16
Unrestricted funds
Restricted funds
Endowment funds
TOTAL FUNDS		 Restricted
funds
£
328,153
-
-
33,975
33,975
(33,975)
-
328,153
328,153
Endowment
fund
£
65,863
-
-
-
-
-
-
65,863
65,863		 29.03.23
Total
funds
£
445,718
6,280
7,273
449,313
462,866
(66,051)
396,815
842,533
842,533
448,517
328,153
65,863
842,533
31.03.22
Total
funds
£
471,130
4,964
5,332
264,148
274,444
(75,407)
199,037
670,167
670,167
250,817
347,499
71,851
670,167

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 11 June 2024 and were signed on its behalf by:

C A Bennett - Trustee

The notes form part of these financial statements

Page 9

Merseyside Play Action Council

Cash Flow Statement
for the Period Ended 29 March 2023
29.03.23
Notes
£
Cash flows from operating activities
Cash generated from operations
1
212,504
Net cash provided by operating activities
212,504
Cash flows from investing activities
Purchase of tangible fixed assets
(21,351)
Net cash used in investing activities
(21,351)
Cash flows from financing activities
Expenditure attributable to endowment
(5,988)
Net cash used in financing activities
(5,988)
Change in cash and cash equivalents
in the reporting period
185,165
Cash and cash equivalents at the
beginning of the reporting period
264,148
Cash and cash equivalents at the end
of the reporting period
449,313		 31.03.22
£
262,482
262,482
(86,364)
(86,364)
(5,988)
(5,988)
170,130
94,018
264,148

The notes form part of these financial statements

Page 10

Merseyside Play Action Council

Notes to the Cash Flow Statement

for the Period Ended 29 March 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
29.03.23
31.03.22
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 172,366 185,511
Adjustments for:
Depreciation charges 46,763 38,665
Expenditure attributable to endowment 5,988 5,988
(Increase)/decrease in stocks (1,316) 1,066
(Increase)/decrease in debtors (1,941) (489)
Increase/(decrease) in creditors (9,356) 31,741
Net cash provided by operations 212,504 262,482
2. ANALYSIS OF CHANGES IN NET FUNDS
At 01.04.22 Cash flow At 29.03.23
£ £ £
Net cash
Cash at bank and in hand 264,148 185,165 449,313
Total 264,148 185,165 449,313

The notes form part of these financial statements

Page 11

Merseyside Play Action Council

Notes to the Financial Statements for the Period Ended 29 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold property - Straight line over the life of the lease Improvements to property - Straight line over the life of the lease Plant and machinery - 20% on reducing balance Motor vehicles - Straight line over 4 years Computer equipment - Straight line over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 12

continued...

Merseyside Play Action Council

Notes to the Financial Statements- continued
for the Period Ended 29 March 2023
2.
DONATIONS AND LEGACIES
Donations
Recycled goods sales
3.
OTHER TRADING ACTIVITIES
Shop income
Administration fees
Miscellaneous income
4.
INVESTMENT INCOME
Rents received
5.
INCOME FROM CHARITABLE ACTIVITIES
Grants
Children’s Play Schemes
Other income
Children’s Play Schemes
Grants received, included in the above, are as follows:
BBC - Children In Need
Liverpool City Council - Youth and Play Grant
Liverpool City Council - Training Grant
Sutton Croft – Equipment Grant
Liverpool City Council - HAF
Liverpool City Council - Eat to Meet
Liverpool City Council - Positive About Play Funding
Liverpool City Council - HAF Equipment
National Lottery - Awards For All		 29.03.23
£
35,295
1,412
36,707
29.03.23
£
8,370
110,000
15,244
133,614
29.03.23
£
65,370
29.03.23
£
957,001
7,110
964,111
29.03.23
£
-
60,439
22,000
24,312
206,531
600,000
43,719
-
-
957,001		 31.03.22
£
64,673
2,734
67,407
31.03.22
£
15,831
90,000
5,176
111,007
31.03.22
£
46,326
31.03.22
£
508,784
16,493
615,277
31.03.22
£
34,000
60,439
-
-
360,000
-
36,281
8,064
10,000
508,784

Page 13

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023

6. RAISING FUNDS

Other trading activities
29.03.23
31.03.22
£ £
Purchases 5,023 9,493
Staff costs 5,000 5,000
Rent 2,200 2,200
Depreciation 1,522 1,258
13,745 17,951
Investment management costs
29.03.23
31.03.22
£ £
Depreciation 3,352 2,772
Aggregate amounts 17,097 20,723
7. CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Children’s Play Schemes 1,010,339
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
29.03.23
31.03.22
£ £
Depreciation - owned assets 43,763 38,665

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 29 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the period ended 29 March 2023 nor for the year ended 31 March 2022.

Page 14

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023

10.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 29.03.23
£
198,108
12,462
3,332
213,902		 31.03.22
£
141,920
8,795
2,437
153,152
The average monthly number of employees during the year The average monthly number of employees during the year was as follows:
29.03.23 31.03.22
Office staff 9 6
No employees received emoluments in excess of £60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
funds funds fund funds
£ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 67,407 - - 67,407
Charitable activities
Children’s Play Schemes 106,493 508,784 - 615,277
Other trading activities 21,007 - - 21,007
Investment income 46,326 - - 46,326
Total 241,233 508,784 - 750,017
EXPENDITURE ON
Raising funds 12,637 7,462 624 20,723
Charitable activities
Children’s Play Schemes 77,472 460,947 5,364 543,783
Total 90,109 468,409 5,988 564,506
NET INCOME/(EXPENDITURE) 151,124 40,375 (5,988) 185,511
RECONCILIATION OF FUNDS
Total funds brought forward 99,693 307,124 77,839 484,656
TOTAL FUNDS CARRIED FORWARD 250,817 347,499 71,851 670,167

Page 15

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023

12. TANGIBLE FIXED ASSETS

COST
At 1 April 2022
Additions
Disposals
At 29 March 2023
DEPRECIATION
At 1 April 2022
Charge for period
Eliminated on disposal
At 29 March 2023
NET BOOK VALUE
At 29 March 2023
At 31 March 2022
COST
At 1 April 2022
Additions
Disposals
At 29 March 2023
DEPRECIATION
At 1 April 2022
Charge for period
Eliminated on disposal
At 29 March 2023
NET BOOK VALUE
At 29 March 2023
At 31 March 2022		 Improvements
Short
to
leasehold
property
£
£
214,660
779,031
-
-
-
-
214,660
779,031
142,809
410,823
5,988
36,098
-
-
148,797
446,921
65,863
332,110
71,851
368,208
Computer
equipment
Totals
£
£
13,654
1,029,313
21,351
21,351
-
-
35,005
1,050,664
2,731
558,183
2,997
46,763
-
-
5,728
604,946
29,277
445,718
10,923
471,130		 Plant and
machinery
£
21,968
-
-
21,968
1,820
1,680
-
3,500
18,468
20,148

Page 16

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023
13.
STOCKS
Stocks
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
Restricted grants in advance
16.
MOVEMENT IN FUNDS
At 01.04.22
£
Unrestricted funds
General funds
250,817
Restricted funds
National Lottery
268,846
Capacity Builders
14,653
BBC Children In Need
34,000
Sutton Croft - Equipment
-
Liverpool City Council- Eat to Meet
-
Liverpool City Council - HAF Playdays
30,000
347,499
Endowment funds
Endowment Funds
71,851
TOTAL FUNDS
670,167		 29.03.23
£
6,280
29.03.23
£
6,723
550
7,273
29.03.23
£
4,406
4,961
2,841
19,868
33,975
66,051
Net
movement
in funds
£
197,700
(22,404)
(1,227)
(6,800)
21,085
20,000
(30,000)
(19,346)
(5,988)
172,366		 31.03.22
£
4,964
31.03.22
£
2,382
2,950
5,332
31.03.22
£
4,393
3,624
486
6,904
60,000
75,407
At
29.03.23
£
448,517
246,442
13,426
27,200
21,085
20,000
-
328,153
65,863
842,533

Page 17

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General funds
235,691
Restricted funds
National Lottery
-
Capacity Builders
-
Liverpool City Council - Youth and Play
Grant
60,439
BBC Children In Need
-
Sutton Croft - Equipment
24,312
Liverpool City Council – Eat to Meet
600,000
Liverpool City Council - HAF
206,531
Liverpool City Council – Training Grant
22,000
Liverpool City Council - Positive About
Play
43,719
Youth Investment Fund
7,110
964,111
Endowment funds
Endowment Funds
-
TOTAL FUNDS
1,199,802
(1		 Resources
Movement
expended
in funds
£
£
(37,991)
197,700
(22,404)
(22,404)
(1,227)
(1,227)
(60,439)
-
(6,800)
(6,800)
(3,227)
21,085
(580,000)
20,000
(236,531)
(30,000)
(22,000)
-
(43,719)
-
(7,110)
-
(983,457)
(19,346)
(5,988)
(5,988)
,027,436)
172,366

Comparatives for movement in funds

Unrestricted funds
General funds
Restricted funds
National Lottery
Capacity Builders
BBC Children In Need
Liverpool City Council – HAF Playdays
Endowment funds
Endowment Funds
TOTAL FUNDS		 At 01.04.21
£
99,693
291,250
15,874
-
-
307,124
77,839
484,656		 Net
movement
in funds
£
151,124
(22,404)
(1,221)
34,000
30,000
40,375
(5,988)
185,511		 At
31.03.22
£
250,817
268,846
14,653
34,000
30,000
347,499
71,851
670,167

Page 18

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued

for the Period Ended 29 March 2023

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General funds
241,233
Restricted funds
National Lottery
-
Capacity Builders
-
Liverpool City Council – Youth and Play Grant
60,439
BBC Children In Need
34,000
Liverpool City Council – HAF Playdays
220,000
Play Scheme Grants
140,000
Liverpool City Council – HAF Equipment
8,064
National Lottery – Awards For All
10,000
Liverpool City Council – Positive About Play
36,281
508,784
Endowment funds
Endowment Funds
-
TOTAL FUNDS
750,017
A current year 12 months and prior year 12 months combined position is as
At 01.04.21
£
Unrestricted funds
General funds
99,693
Restricted funds
National Lottery
291,250
Liverpool City Council – Eat to Meet
-
Capacity Builders
15,874
BBC Children In Need
-
Sutton Croft - Equipment Fund
307,124
Endowment funds
Endowment Funds
77,839
TOTAL FUNDS
484,656		 Resources
Movement
expended
in funds
£
£
(90,109)
151,124
(22,404)
(22,404)
(1,221)
(1,221)
(60,439)
-
-
34,000
(190,000)
30,000
(140,000)
-
(8,064)
-
(10,000)
-
(36,281)
-
(468,409)
40,375
(5,988)
(5,988)
(564,506)
185,511
follows:
Net
movement
At
in funds
29.03.23
£
£
348,824
448,517
(44,808)
246,442
20,000
20,000
(2,448)
13,426
27,200
27,200
21,085
21,085
21,029
328,153
(11,976)
65,863
357,877
842,533

Page 19

continued...

Merseyside Play Action Council

Notes to the Financial Statements - continued for the Period Ended 29 March 2023

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General funds 476,924 (128,100) 348,824
Restricted funds
National Lottery - (44,808) (44,808)
Capacity Builders - (2,448) (2,448)
Liverpool City Council - Youth and Play
Grant 120,878 (120,878) -
BBC Children In Need 34,000 (6,800) 27,200
Sutton Croft- Equipment Fund 24,312 (3,227) 21,085
Liverpool City Council - HAF Playdays 426,531 (426,531) -
Liverpool City Council – Eat to Meet 600,000 (580,000) 20,000
Play Scheme Grants 140,000 (140,000) -
Liverpool City Council – Training Grant 22,000 (22,000) -
Liverpool City Council – HAF Equipment 8,064 (8,064)
National Lottery- Awards For All 10,000 (10,000) -
Youth Investment Fund 7,110 (7,110) -
Liverpool City Council - Positive About
Play 80,000 (80,000) -
1,472,895 (1,451,866) 21,029
Endowment funds
Endowment Funds - (11,976) (11,976)
TOTAL FUNDS 1,949,819 (1,591,942) 357,877

All of the above restricted funds relate to grants received to fund play activities throughout school holidays.

.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 29 March 2023.

Page 20

Merseyside Play Action Council

Detailed Statement of Financial Activities
for the Period Ended 29 March 2023
29.03.23 31.03.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 35,295 64,673
Recycled goods sales 1,412 2,734
36,707 67,407
Other trading activities
Shop income 8,370 15,831
Administration fees 110,000 90,000
Miscellaneous income 15,244 5,176
133,614 111,007
Investment income
Rents received 65,370 46,326
Charitable activities
Grants 957,001 598,784
Other income 7,110 16,493
964,112 615,277
Total incoming resources 1,199,802 750,017
EXPENDITURE
Other trading activities
Purchases 5,023 9,493
Wages 5,000 5,000
Rent 2,200 2,200
Short leasehold 195 195
Improvements to property 1,174 872
Plant and machinery 55 55
Computer equipment 98 136
13,745 17,951
Investment management costs
Short leasehold 429 429
Improvements to property 2,588 1,923
Plant and machinery 120 120
Computer equipment 215 300
3,352 2,772

This page does not form part of the statutory financial statements

Page 21

Merseyside Play Action Council

Detailed Statement of Financial Activities

for the Period Ended 29 March 2023

29.03.23 31.03.22
£ £
Charitable activities
Wages 193,108 136,920
Social security 12,462 8,795
Pensions 3,332 2,437
Rates and water 7,079 6,449
Insurance 6,530 6,407
Light and heat 20,202 8,923
Telephone 7,157 4,733
Postage and stationery 2,548 2,309
Sundries 1,473 1,080
Charitable expenditure 650,539 279,885
Other direct costs 1,244 2,055
Volunteers expenses 10,180 6,115
Motor & travel expenses 3,217 (3,675)
Repairs & maintenance 17,673 14,537
Training - 5,450
Subscriptions 5,249 180
Audit fees 9,000 -
Accountancy 606 7,920
Computer expenses 7,136 6,976
Bank charges 1,497 1,490
Contract labour - 1,313
Security costs 2,914 2,925
Examiners fees 1,680 1,560
Cleaning and waste removal 3,624 4,364
Short leasehold 5,364 5,364
Improvements to property 32,336 24,022
Plant and machinery 1,505 1,504
Computer equipment 2,684 3,745
1,010,339 543,783
Total resources expended 1,027,436 564,506
Net income 172,366 185,511

This page does not form part of the statutory financial statements

Page 22