COMPANY REGISTRATION NUMBER: 03259275 CHARITY REGISTRATION NUMBER.. 1059988 S.N.A.P. (Special Needs Adventure Playground) Ltd Unaudited Financial Statements For the year ended 31 October 2021 *ABl1￿￿$. 0110412022 COMPANIES HOUSE A13 #171 S.N.A.P. (Special Needs Adventure Playground) Ltd Financial Statements Year ended 31 October 2021 Pages Trustees, annual report (incorporating the directorfs report) 1to3 Chartered accountant's report to the board of trustees on the preparation of the unaudited statutory financial statements Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 7t015 S.N.A.P. (Special Needs Adventure Playground) Ltd Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 October 2021 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 October 2021. Reference and administralive details Registered charity name S.N.A.P. (Special Needs Adventure Playground) Ltd Charity registration number 1059988 Company registration number 03259275 Principal offKe and registered Pye Green Road offic¢ CanncKk Staffs WS11 5RW The trnslees MrT Gimbert Mf R Heighway Mrs J Levett Mrs M 0'BoY￿Duggan Mr K Punter Mrs J Spoors Accountants Rostan￿ Edwards Limited Chartered accountants 1 & 2 Heritage Park Hayes Way Cann￿k Staffordshire WS11 7LT Structure. governance and management Governing document The charity is controlled by its goveming document. a deed of irus( and constitutes a limited company, limited by guarantee. as deffined by the Companies Act 2006. Recruitment and appointrnent of new trustees New trustee5 are appointed following assessment and resdulion by existing tnjstees. S.N.A.P. (Special Needs Adventure Playground) Ltd Trustees. Annual Report {Incorporating the Directorfs Report) {conllnued) Year ended 31 October 2021 Objectlves and actlvities Obiective and aims To continue to offer a unique SeTV1￿ for children and adults with special needs and disabilities lo play. learn and develop. To renew. devek)p and upgrade SNAPS Se￿iCe$ and faciltties lo ensure that they are relevant and of high quality. To develop and implement a business model that ensures that SNAP is viable and 5UStainable. To raise SNAPS profile and work in partnership wrth other agencies. Significant activities SNAP has achieved through marketing on social media an increase in usage by schools, community groups and adults. In order lo maintain rts core fvnclion of a seNce lo customers wth special needs SNAP has introduced parent and toddler sessions and upgraded its facilities for family parties Play facilities both intemal and extemal continue lo be uwjraded and made attractive for users. A friends of SNAP group has been formed and they are successful in regular fund raising. Prices are reviewed on the basi5 of ensuring business viability and affordakn.lty to the customer_ Expenditure rs regularly scrutinised wlh the aim of ensuring 'best value,. Public benefit SNAP provides a safe and stsmulating environment for all tts users. It allows parents and carers an opp)rtunity to relax and lo socialise wilh others experiencing similar challenges. It provides extra curricular acts"vib"es for a range of schools and cornmunily groups from the whole of the West Midlands conurbation and the surrounding Shire Counties. Children and adults develop their gross and fine motor skills. It is a venue for thal parents and t￿ldIers. and also for children's parties. A venue for adult5 With disabilities during the school day. Achievements and performance Increased usage. weekly Frfogramme of lrfe skills for adults. Regular fund raising activities ranging from a digger ride from John O'Groals to Lands End lo several teddy tombola's. Grants from charitable and commercial bodies allowing SNAP to renew and upgrade its equipment. Working parties have carried out a whole range of tssks including painting. garden work. general cleaning and maintenance free of charge. We continue to provide a service all year round except for four bank holidays. We have swtched to better value SUP￿Ie[s. Beneficiaries SNAP, has focused on what a child or adult can do rather than their disability. Users have experienced the importance of play in developing life skills, confidence and self esteem. Created opportunities that are open to everyone overcoming barriers to participab"on. Supported paients and Carers. Financial review Financial position The Charity has made losses over the past couple of years. However, we are taking action to rectify this. We have raised entry costs and we have negotiated new deals on our utility suppliers and waste removal service. We are also currently reviewing our slafflng levels in order to make a saving on wages. Going concern We are currently relying on donations to cover some of our cos15. We regularly research irblo local businesses who donate lo charities as well as searching the Charity Commission. We then make contact with local businesses asking for their support. This has proved successful over the re￿nt years and we see no reason why this would not te sutresshjl g¢)ing forward. We therefore consider the charity to be a going concem. S.N.A.P. (Special Needs Adventure Playground) Ltd Trustees. Annual Report (Incorporating the Director's Reportl (continued) Year ended 31 October 2021 Small company provisions This repjrt has been prepared in a¢¢ordance wrth the provisi￿$ applicable lo Companies entitled to the small companies exemption. The trustees. annual reFQrt was approved on 3 March 2022 and s￿ned on behalf of the toard of trustees by". Mr R Heighway Trustee S.N.A.P. (Special Needs Adventure Playground) Ltd Chartered Accountanfs Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of S.N.A.P. (Special Needs Adventure Playground) Ltd Year ended 31 October 2021 In order to assist you to fulfil your duts.es under the Compan￿$ Act 2006, we have prepared for your approval the financial statements of S.N.A_P. (Special Needs Adventure Playground) Ltd for the year ended 31 October 2021, which comprise the stslement of financial activities {including income and expenditure accounll. statement of financial position and the related notes from the charivs accounting record5 and from information and explanations you have given us. As a practising member fimi of the Insbtule of Chartered Accountants in Er¥Jland and Wa￿$ {ICAEW), we are subject to its ethical and other professional requirements wh￿h are detailed at wbwi.icaew.comlenlmemberslregulations-stsndards-and-guidance. This report is made solely to the board of trustees of S.N.A.P. (Special Need5 Adventure Playground) Ltd. as a body, in accordan￿ with the terms of our engagement ￿tter dated 27 February 2019. Our work has been undertaken solely to prepare for your approval the financial slatemenls of S.N.A.P. (Special Needs Adventure Playground) Ltd and state those rnatters that we have agreed to slate to you. as a body. in this report in accordance with ICAEW Technical Release 07116 A4F as detailed at www.icaew.comlcompilalion. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than S.N.A.P_ {Special Needs Adventure Playground) Ltd and ils board of trustees, as a body. for our work or for this report. It is your duty lo ensure that S.N.A.P_ Ispeoal Needs Adventure Playground) Ltd has kept adequat8 accounting records and to prepare slalulory financial ststemenls that give a Inje and fair view of the assets, liabilities, financial position and profil of S.N.A.P. (Special Needs Adventure Playground) Ltd. You consider that S_N.A.P. (Special Needs Adventure Playground) Ltd is exempt from the statutory audit requirement for the year. We have not been instructed lo carry out an audit or a review of the financial statements of S.N.A.P. (Special Needs Adventure Playground) Ltd For this reason. we have not venfied the accuracy or completeness of the accounting records or infomiation and explanations you have given lo us and we do not. therefore, express any OFMnion on the stalutrxy financial statements. ROSTANCE EDWARDS LIMITED Chartered accounlanls 1 8 2 Heritage Park Hayes Way Cannock Stafford5hire WS117LT 3 March 2022 S.N.A.P. (Special Needs Adventure Playground) Ltd Statement of Financial Activities (including income and expenditure account) Year ended 31 October 2021 2021 Restr￿ted funds Tolal fvnds Total funds 2020 Unrestricted fiJnds Note Income and endowments Donations and legacies Total income 28.201 6.578 34,779 34,779 30.852 28.201 6.578 30,852 Expenditure Expenditure on rarsing funds.. Costs of raising donations and ac*s {46.395} {46,395} 1179) 11791 146.574) 146,574) {54.730) {$4,730) Total expenditure Net expenditure and net movement in funds (18.194) 6.399 111.795 {23.878) Reconcillation of funds Total funds brought forward Totsl funds carried forward 183,497 44.251 227.748 251.626 16S.303 50.650 215.9S3 227,748 The statement of financial activities includes all gains and losse5 recognised in the year. All income and expenditure derive from continuing activrties. The nots$ on paw 7 to 15 form part ofthw financ￿1 statsmgnts. S.N.A.P. (Special Needs Adventure Playground) Ltd Statement of Financial Position 31 October 2021 2021 2020 Fix8d assets Tangible fixed assets 10 157,100 171.737 Current assets Debtors Cash at bank and in hand 11 2.322 $8,097 622 56.851 60.419 57.473 Creditors: amounts falling due within one year Net current a$sets 12 1.566 1.462 58.853 56,011 Total assets less current Ilablllties 215.953 227.748 Funds of the charity Reslricled funds Unrestricted funds 50.650 165,303 215.953 44.251 183,497 Total charity funds 14 227,748 Foi the year ending 31 October 2021 the charty wa5 entitled to exempt*Jn fr¢)m audit under sett￿n 477 of the Companies Act 2006 relatsng to small companies. Directors, respon5ibilibes'. The members have not required the company to obtain an audit of its financial statements for the year in question in accordan￿ with sects.on 476.. The directors aCknO￿edge their responsibilities for complying wilh the requirement5 of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies. regime. These financial ststements were approved by the bjard of trustees and authorised for issue on 3 March 2022. and are signed on behalf of Ihe t¥)ard by". Mr R Heighway Trustee 7he notes on pages 7 to 15 form part of these financial statements. S.N.A.P. (Special Needs Adventure Playground) Ltd Notes to the Financial Statements Year ended 31 October 2021 General Information The charity is a public benefrt entrty and a private company limiied by guarantee. registered in England and Wales and a registered charity in England and Wale5. The address of the registered office is Pye Green Road. Cannock. Stsffs. WS11 5RW. Statement of compliance These financial statements have been prepared in complkqnce with FRS 102. 'The Financial Reporting Standard applicab￿ in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable to charities preparing their aC￿UnIS in accordance with the Financial Reporting Standard applicable in the UK and Republic of I￿ land (FRS 102) (Charities SORP {FRS 102)) and the Companies Act 2L)06. Accounting policies Basis of preparalion The financial stalernenls have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and 1rdbilit￿S and investment properties measured at fair value through income or ex￿ndIture. The financial statements are prepared in sterling. which is the fvncknonal currency of the ents'ty. Going Goncern There are no material uncertainties atout the charity's abilrty to continue. Dlsclosure exemptlons The entty satisfies the criteria of being a qualifying entity as defined in FRS 102 As such. advantsge has been taken of the folk)wng disclosure exempl￿5 available under paragraph 1.12ofFRS 102: (al No cash flow ststement has been presented for the eompany. {bl Disclosures in respecl of financial instruments have not been presented. Judgements and key sources of estimatlon uncertainty The preparation of the financial statements requires management to make judgements. estimates and assumptsons that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectations of future events that are believed lo be reasonable under the circumstances The judgements (apart from those involving estimali¢)nsl thal management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows". Key sources of eslimalion uncertainty Accounting eslimales and assumptions are made conceming the future and, by their nature. will rarely equal the related actual outcome_ The key assumptions and other sources of estimation uncertainly that have a significant risk of causing a material adjustment lo the carrying amounts of assets and liabilities within the next financial year are as follows". S.N.A.P. (Special Needs Adventure Playground) Ltd Notes to the Financial Statements feontinuedj Year ended 31 October 2021 Accounling policies (e¢)niinued) Fund accounting Unrestri¢terJ funds are available for use at the discretion of the tfustees to further any of the tharity's purposes. Designated funds are unrestncted funds eamiarked by the trustees for particular future project or cornrnitment Restricted funds are subjected to restr￿tionS on their expenditure declared by the donor or through the terms of an appeal. and fall into one of sub