Reglstered Company No:03539551 Reg18tsred Charlty No: 1070451 (England and Wales) WOODGATE ADVENTURE PLAYGROUND {Limited by Guarantee) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) INDEXTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Charlty Referenc8 and Administrative Detsils Tnjstees Annu81 Report (Includlng Difeclorfs Report and Strateglc Report) 2-5 Independenl Examiners Report Slatement of FinwKlal Activities (InclLKlirYJ Income and Expenditure Account) Balance Sheet Not85 to the Accounts 9-15 Detslled Income & Expenditure 16
WOODGATE ADVEKfuRE PLAYGROUND (LIMITED BY GUARANTEE) CHARITY REFERE E AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024 Charity Registration Number.. 1070451 Company Registration Number: 03539551 Direclors l Trustses: M Stevenson T M Gunby Betts J Tower3 K Ventola Secretary: MHay Registered Office: Hillcrest Anstey Lane Leister LE4 ORN Independent Examiners: Celerlca Ltd Certified Accountants First Floor, The Old Chapgl 9 Kempson Road Lelcester LE2 8AN Page 1
WOODGATE ADVENTURE PLAYGROUND (UMITED BY GUARANTEE) REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. & STRATEGIC REPORT) FOR THE YEAR ENDED 31STMARCH 2024 The trustees present their report and financial statements of Ihe chaTty for Ihe year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounling and Reporting by Charities" (FRS102) in pr&paring the annual financial 5talements of the charity. The financial statements have been prepared in accordance wilh the accounting poli(xes set out in the notes to the accounts and cx)mply with the charity goveming document, the Charities AGt 2011 and Accounting and Reporting by Charities: Statement of RMrnended Practice applicable to charities preparlng their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Rewblic of Ireland Published in October 2019 (second edition). Trustees of the Charit Th8 directors of the tharitsble company are also its trustees for the purpose of charilable law. The trustees who have served during the year and since the year end are as follows: M Stevenson T M Gunby Betts J Towers K Ventola Ob'eotives and Actlviti8S The charitrfs obJectFves are the provlsion and development of faGilities and services wlthout the dlstinction of race, ethnic origin, national origin. nationality. colour, sex, physical or menlal disability, religious or other options for the educational and recreatlonal purposes of children and young people resident in the West of Leicesterfspecifically the Woodgate, Tudor Road and NeKrfoundpool areas) for which they have need by reason of their youth, social or economlc circumstsnces. Public Benefft Statement The trustees have considered the general guidance on public benefit issued by the Charities Commission and has taken due iegard of that guidance. The trustees consider tsy are satisfied that the charity'5 activities do provide a wide public benefrt. icR• ort Achievements and Performance Funding for the project is through various govemment grants, and is suffKient lo empby 19 members of staff. Page 2
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST MARCH 2024 {CONTINUED) Contlnu•d Strate Ic Re Financial Review in ludin resenRs With limited r&sourc8s and difficulties obtaining additional fvnding, it has continued to be difflcult tr> plan especially with addilional repair work during the year. The charity sound management and the support of the staff team and Management Committee members hava copntinued to remain solvent. The prlnclple funding sources for the charity are currently by way of grant fundlng through Leicester City Council, NEG and Children in Need to enable the charty to provide play support. As a result of constralnts, the Charity will need to l¢)ok ft+r additional sources of funding to prcjvide increased s8rvic&s in future years. During tha year, the charity made a deficlt of £15,043 (2023: deficit £22,086). trustees have examlned the charitys requirermnts for reserrfes in Ilght of the risks to the organisation. It has 8Stablished a policy whereby the reserves from this comlng year will be invested in a high deposlt 8ccounL The present level of reserves are a little low but the organisation is seeking to raise this by seéking additoonal fundlng from other sources. Plans for Future Peri ds The charity plans to continue th8 activllles outlined above in the fothcoming years subject to the continuance of satisfactory funding arrangements. Struct Goveman and Mana ment The organisatlon is a charitable company Ilmited by guarants8. incorporated on 2nd April 1998. Under a Memorandum of Articles which established the objects and power5 of the charilable company and 18 govemed UfKler its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. The trustees have wnducted a review of the major rlsks which the charity is exposed to. Approprfate systems and procedures have been established to mitigate the risks that the charity fas. Intemal control risks are minimised by the implementation of a financial policy and procedure for authorlsation of all transactions within the project. Page 3
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES (INCLUDING DIRECTORS, & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) Strucbjre Governance and Mana ement Continued Procedures are in place to ensure compliance with health and safety of stsff, volunteers, Truslees, serrfice users, contractors and visitors to t1 projecL The charity is now routinely monitored by the City Councils play development officer for all quality delivery and operational aspects of the tharity. These procedures are periodically reviewed lo ensure thal Ihey conts'nue to meet the needs of the charity. The project currently has 4 trustees who meet every monlh and are responsible for the strategic direction and poliry of the charity. The trustees come from a variety of professional backgrounds relevant to the work of the tharity. The manager is also responsible for ensuring Ihat the charity delivers the services specified, that key performance indicators are met and the day to day operational management of the project. The manager has responsibilty for the individual supetvision of the staff team arKI also ensuring that the team continue to develop their skills and working practtces in line Vlfjth good practice. Related Parties In so far as it is complimentary to the charity's objectives, the charity is guided by both local and national policy. At a national level the project is steered by the green paper regardlng every child matters and Its regu18tor Ofsted and within Ofsted'8 guidelines and recommendations. At a Ioc81 level the project will work within Leicester Clty's Play Policy. Stalement of Trustses. Resp¢)nslbilllles trustees, who are also directors of the charfty are responsible for preparing the Trustees. Report and financial statements in accordanGe WFth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable cotnpany and of the incoming reSoUrS and application of resources of the ctsritable company for the year. In preparing those finanGial ststements, the trustees 8re qUIred to: select suitable accounting policies and then apply them consistently: obser*4e the methods and princtples in the Charities SORP 2019 (FRS 102}; make judgements and estirnates that are reasonable and prudent: state Kthether 8pplicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financtal ststements; prepare the financial statements on the going concem basis unless it is inappropriale to presume that the company will continue in operation. Page 4
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES (INCLUDING DIRECTORV & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST PIIARCH 2024 (CONTINUED) The trustees are responsible for keeping proper accounting records which disclose wlth reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prvéention and detection of fraud and other Irregularities. This report has been prepared in accordance vnth the Statement of Recommended Practi. Accounting and Reporting by Charities 2019 (FRS 102) and In accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating to sm811 companles. Approved by the Management Committee on . and signed on its behalf by.. M Slevenson - Trustee Page 5
WOODGATE ADVENTURE PLAYGROUND (LIMrrED BY GUARANTEE) INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF WOODGATE ADVENTURE PLAYGROUND FOR THE YEAR ENDED 31 MARCH 2024 W8 report on the acwunts of Woodgate Adventure Playground for the year endéd 31st March 2024 which are set out on pages 7 to 15. Rospectlve responslbllltles of trustso8 and examlnor The chaiivs trustees {who are also dlrectors of the company for the purpose of company law) are responslble for the pparatIon of the ae£ounts. The charitys trustees consider thal an audit is not requlred for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and thal an independent examination is needed. Havlng satisfied ourselves that the charity is rK)t subject to audit under company law and is eligible for independent examination, It Is our responsibility to: examine the accounts under section 145 of the 2011 Act; to follow Ihe procedures laid down In the general directions given by the Charty Commisslon under section 145{5Xb) of the 2011 Act; and to state whether particular matters have come to our attention. Basis of Indep•nd•nt Examlnerfs Report Our examinatlon was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accountlng records kept by the charlty and a comparison of Ihe accounts presentèd with ttK)s6 records. It also includes consideration of any unusual items or disclosure in the accounts, and seeking explanations from you as trustees coricemirKJ any such matters. The procedures undgrtaken do not provide all the evidence that would be required In an audit and consequently no opinion Is glven as to whether the accounts present a 'true and fair vievf and the report is limited to those matters set out in the stslement b810w: Independent Examlnefs Statement In connectÉon with our examination, no matter has come to our attenlion: (i) which glves us reasonable cause to believe that in any material respect the requirements to keep accountlng trdS in accordance with Sectlon 130 of the 2011 Act; and to prepare accounts which accord with the accounting records, comply with the accountirrtJ requirements of section 396 of the Companies Acl 2006 and with the methods and prfndples of the Ststement of Recommended Practice: Accounting and Reporting by Charities have not been mel; or (li) to leh. in our opiftion, attention should be dravm in order to enable a proper understanding of the accounls to be reached. CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN Page 6
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (includlng Income & Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024 General UnrestrlGted Funds 2024 De81gnated Unrestrictgd Funds 2024 Re8trlcted Funds 2024 Totsl Funds 2024 Totsl Funds 2023 Note Income and endowments from: Donations and legacies 2 Charitsble activities Investments 7,814 5,614 7,814 3,725 285.496 291,110 268.358 98 Totsl Incoma and •ndowments 13.428 285 496 298,924 272,181 Expendlture on: Charitable activities 313,967 313,967 294.247 313.967 313.967 294,247 Total expendlture Net surplus Transfers be@ funds 13,428 (15,187) (28,471) (15,043) {22,066) 27,331 (12,144) Net mov•m•nt In funds (1,759) (12,144) (1,140) (15,043) (22.066) Reconclliation of funds: Total funds brought forward 38,840 12,144 52,124 74.190 Total funds carrled forward 37,081 52,124 All income end expenditure derive from continuing tkne3. The statement of financial 8Gtivities indude all gains and losses r8cognSsed durlng the Jear. The notes on pages 9 to 15 fom part of these accounts Page 7
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEEI Registered ¢ompany number 03539551 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSErs 12 5.886 7.355 URRENT ASSETS Debtors Cash at bank arKI in hand 13 2,016 44,635 46,651 1,982 75,657 77,6 CREDrroRS: amounts falling duo within one year NET CURRENT ASSErs 14 15,456 32,870 31.195 37.081 44.769 NET ASSETS FUNDS Unrestricted Restricted 15 16 37.081 50.984 1.140 52, The charltsble company is enlitled to exemption from audit under Section 477 of the Companies Act for the year ended 31 March 2024 The members have not requlred the ¢haritable company to obtain an audit of the financial Stslem8nts for the year erKled 31 March 2024 in accordance with Sectlon 476 of the Companles Act 2016. The trustees acknowledge their responsibiliknos for. a) ensurlng that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companles Act 2006 and b) preparing financial statements which glve a true and fair view of the state of the charitsble company as at the end of the financial year and of its sUlUS or deficit for each financial year in accordance with Ihe requirements of Seclions 394 and 395 and which otherwise comply wth the requirements of the Companies Act 2006 relaling to financial statements, so far as applicable to the charitable wmpany. These financial statements have been approved in accordance with the special provlsions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial ststements e approved by the Board of Trustees on 27 MG.UI&T.202 M Stevenson The notss on pages 9 to 15 fomi part of these accounls Page 8
WOODGATE ADVENTURE PLAYGROUND {LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 l Accounting Policles 1. Sumrnary ol significant accountlng policles General inforniation and ba61s of pr•paration Woodgate Adventure Playground is 8 registered charity in England and Wales and also a company limited by guarantee. In the event of the charity being wound up. the liability in respect of the guarantee Is limited to £10 per member of the Charity. The address of the charitys head office is given on page 1 of these financial statements. The nature of the Charits objectives and principal activities detailed on page 2 of these financlal statements. The charity constilutes a public benefit enllty as defined by FRS 102. The financial statements have been prepared In a¢cordan¢e with Accounting and Repor1ing by Charities: Stal&ment of Recommended Practice appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applIble in the United Kingdom and Republlc of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accountlng Practice. The charity has applied Updated Bulletin 1 as published on 2 February 2016 and does not indude a cash flow statement on the grounds that Its total incoming resources is below £500,000 The financial statements have been prepared to give a "true and fairf, vlew and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and faif, view. This departure has involved following Ihe Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard appli¢able in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities.- Statement of Recommended Practice effective from 1 April 2005 whith has since been withdrawn. The flnancial statements are prepared on a going concem basis under the historical cost convention, modified to include certain items at falr value where considered necessary. The financial statemenls are presented in sterling which is the functional currency of the charity 8nd rounded to the nearest pound. b Funds Unrestrlcted funds ore available for use at the discretion of the trustses in fvrlherance of the general obFectives of the charity and which have not been d6•ignated for other purposes. Designated fLEnds comprise unrestricted funds that have been set aside by the trustees for particular pury)oses. The aim and use of each designated fund is set out in the notes to the financial statements. Page 9
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 Accounting Policies {Continued) 1. Summary of signlflcant accountlng policles {Continued) b Funds (Continued) Restricted fvnds are funds which are to be used in accordan with specific restrictions imposed by donors or which have been raised by the tharity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the accounts. c Income rgcognltlon All incomiro resources are included in the Statement of Financial Activities (SoFA} when the charty is legally entitled to the income after any performance of conditions have been met, the amount can be measured reliably and it is probable that the InMe will be receiwj. For donations to be recognlsed the charity will have been notified of the amounts and the settlement date in writing. If there are Conditions attached to the donation and this requires a level of performance before enlitlement can be obtained then income is deferred Lmtil ttrw condilions are fully mat or the fulfilment of those conditions is wilhin the control of the charlty and It Is probable that they will be fulfilled. Donated facilities and donated professlonal seNlces are recognised in income at their fair value when their economi¢ benefrt is probable, it can be measured reliabty and the tharity has control over the item. Fair value 18 detemiined on the basis of th8 value of the gift to the charlty. A corresponding amount is recognised in expenditure. Where practicable, gifts In kind donated for dlstrlbution to the beneficiaries of the charity are included in stock and donations in the financial Statemenls upon receipt. If it is impraclicable to assess Ihe fair value at receipt or if the costs to undertake such a valuation outwelgh any benefits then Ihe fair value is recognised as a component of donations when it is distributed and an equivalent amount recognlsed as d)aritable expenditure. Fixed assets glfts in kind are recognlsed when CeIvable a included at fair value. They are not deferred over the lrfe of the a&set. For legacies, entitlement is the earlier of Ihe charity being notifie(l of an impending distribution or the legacy being received. At this point income is recognised. On occasion, legacies will be notified to the charity hcwever it is not possible to measure the amount expected to be distributed on these OGcasions, the legacy is treated as a contingent asset and disclosed. InGome from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is reiVed in exchange for supplyirYJ good5 and services in order to raise funds and is recognised when entitlement has ocGurred. Investrnent income is earned through holding assets for investment purposes SUGh as interesl. Interest income is recognised using the effective interest method. Any dividend and rent income is recognised as the charitys right to ceIve payment is established. Page 10
WOODGATE ADVENTURE PLAYGROUND (UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 Accounting Polici•s (Contlnued) 1. Summary of slgnlflcant accounting policies (Contlnued) d Expenditure recognltlon All expenditu is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure Is recognlsed ¥there there is a legal or constructlve obllgallon to make payments to third parties. it is probable that the settlement will be required and the amount of the obligatlon can be measured reliably. It is categorised under the following headings: Cost of raising funds Expendllure on charitable activities Other expenditure represents those items not falling into the above categories. Irrecoverable VAT is charged as an expense agalnst the activity for which the expanditure • Support costs allocatlon Support costs are those that assist the work of the ch8rity but do r701 directly represent haritable activities and include offioe costs. g0ManCe costs and adminlstrative costs. They are incurred directly in support of expenditure on the objects of the charlty. Fundraising costs are those incurred In seeking voluntary contributions and do not indude the costs of dlsseminating information in support of the i*tarltable activiles. The anatysi8 of these costs is In included in rte 6. f Tangible flxed a88ets Indivldual fixed assets costing more than £100 or more are initially recorded at cost. less subsequent accumulated depreciation and subsequent impaiment1035e3. Depreciation is provided on tanglble fixed assets so as to write off the cost or valuation, less any estimated residual value over their expected resldual Ilfe as follow8: Fumiture & Equipment 20% reducing balance Computer Equipment 33% on cost g Debtors and credttors recelvable I payabl• withln one year Debtors and creditors with no stated interest rdte and r&c81vable or payable withln one year are recorded at transadion price. Any losses arlsing from impairnienl ar8 recognlsed in expenditure. h Provisions ProS1OnS ar8 r6cogn18ed when the charfty has an obligatlon at th8 balgn¢6 she8t date as a result of a past event, It is probable that an ouffiow of economic benefits will be required in settlement and the amount on be reliably estlmat8d. Page11
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting Policies (Continued) Summary of slgnlficant accountlng pollcies (Contlnued) l L•aso8 Rentals payable or receivable under operating leases are tharged to the SOFA on straight line basis over the period of the18as8. Taxation No provision has been made for taxation as the charitable slatus renders it exempt from UK direct taxation. Golng Concwn The flnandal statem8nts have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees hav8 Gonsidered the level of funds held and the exp8Cted level of income and expenditure for 12 Months fr(Mn aulFK)rising these financial statements. The budgeted income and expendlture Is suffldent with the level of reserves for the charlty to be able to contlnue as a going concem. 2 Incomo from donatlons and l•gacles 2024 202 Unreslrlcted funds Donations general 7.814 7.814 3,725 3.725 Incomg from donations and legaci&s was £7,814 which was attributable to unrestrlcted fvnds (2023: £3,725). 3 Income from charltabla actlvltles 2024 2023 R08trfctsd funds Service Income from Leicester City Council Service Income from others Grants from other organiatlons Unrestricted funds Other charltable actlvltles: Trips, activilies Sundry income 118.765 117,836 109.357 101,933 57,374 45,884 5,614 2,705 291 110 268,358 Incorne from charitable a¢tivities was £291,110 (2023: £268.358). £5.614 of these were attrfbutable to unwtricted funds (2023.. £2,705). Page 12
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 4 Investment income 2024 John Ward inlerest Bank interest received Income from investment income was £0 (2023." £98). All of these were attributable unrestricted furKls for the rglevant accounting year. 5 Analysis of expenditur• on charitable activities Direct Wa es Direct Costs Total Provide out of h0o1 play activities for 6 - 14 year olds 272.113 31.511 10.344 313.967 £313,967 (2023: £294,247) of Ihe above costs were related to restricted funds. 6 Allocation of support costs 024 2023 Out of sd)ool 6-14 school la 6-14 Governance Telephone, printing, stationery & advertising Sundrfes Training Professional fees Depreciation 1,000 1.466 3.10g 1,000 2.029 2,676 790 2,700 1,839 1,469 10.344 11.034 7 Governance costs 2024 202 Out of school Out of School la 6-14 Independenl examination fves 1,000 1,000 Page 13
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 8 Net Income l (expenditure) for the yHr 2024 2023 This is stated after charging: Deprecialion Independent Examiners Fees 1,469 1.000 9 Indepondent Examlners remunerntion The independent examinerfs fees amounts to £1,000 (2023: £1,000). The other services were to prepare tha financial Statements. 10 Trustees and key management personnel rémuneration and expenses Tho trustees recetved no remuneration during the year. (2023: Nil) The trustees did not have any expenses reimbursed durfng the year. (2023: Nil) 11 staff costs and employee nefits 2024 2024 2023 2023 Full Tlme uivalent 14 Full fimo ulvalent 14 Number 27 Number 27 Charitable aclivities The totsl staff costs and employee benefits were a8 follows: 2024 2023 Wages and salaries Social security Gosts 259,038 13,075 272,113 203.326 8.615 211,941 12 Tangible flxed assets Furniture & Com ui Cost At 1 April 2023 Additions At 31 Marth 2024 25.458 1,338 26,796 25.458 1,338 26,796 Depreclation At 1 Aprfl 2023 Depreciation charge At 31 MarGh 2024 18,104 1,469 19.573 1.337 19,441 1,469 20,910 1,337 Net Book Value At 31 March 2024 5.885 5,886 31 March 2023 7.354 7,355 Page 14
WOODGATE ADVENTURE PLAYGROUND (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 Debtors 20 2023 Prepayments 2.016 2,016 14 Credltors: Amounts falllng due wlthln one year 23 Other taxation and social security Other creditors Deferred income - grants received in advance 3,249 1.875 10,332 15,456 2,103 1.622 29.143 32,870 15 Funds Balan at 01.04.2 endlture Transf Unrestrithd Funds General Unrestricted D19nat@d John Ward Estate R•strfcted Funds Restricted funds 38.840 13,428 (16,777) 35.491 12.144 {12.144) 1,140 285,496 298.924 (313.967) 313.967 28,921 1,590 16 Analysis of Mt assets bolween fund8 Unr8Strfct ne Restrict 2024 2023 Fixed assets Current assets Current Ilabilities 5,886 46,651 (15,456) 37,081 5,886 7,355 46,651 77.639 (15.456) (32,870) 37,081 17 Related Party Transactions Ther8 were no related paty transactions during the year. (2023: None) 18 Golng Concern The Charity is dependent on key grants and it is a difficult climate that all voluntary sectors are operating from. The charity continues to seek addltlonal fundlng and the trustees belleve that tha accounls should b prepared on a going concem basls. Page 15
WOODGATE ADVENTURE PLAYGROUND (UMrrED BY GUARANTEE) DETAILED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Income: Leicester Cty Councll Leicester City Council DCS NEG Children in Need Donations & Sundry income COVID 19 Grants HAF Ward Funding Henry Smith National Lottery John Ward interest received Leicestershire Cares Room Hire 116.575 2,190 ),733 33,784 7.814 116,576 1,260 81,237 33,707 3,725 18.624 2,000 1.590 20,000 20.696 2.000 9,997 98 180 2,705 272.181 5.614 298,924 Expanditure: Salarles, Nl & pensions Rates & water Insurance Light & heat Telephone, prlnting, ststionery & advertisirtrJ Sundflés Repairs & renewals Materlals & actlvlties SE Trips & transport 112,144 492 1,461 3,389 1,486 3,109 5,062 1.008 297 288 1,410 100,981 620 1.789 2.933 2,029 2,676 15,468 1,165 3,273 Protective clothing & cleanlng Tralning NEG expenses Children In Need Profe&s1ol fees Fosse Ward grarrt Henry Smith grant Swrts Hall heating. toilets & activities Leicestershire Cares HAF Grant expenditure National Lottery - Pitch & Fen Depreciation of fumiture & equipment l)epreciation of computer equipment Independenl examiners fees 790 94,988 29,507 2,700 2,006 109.837 45.241 967 1,590 168 78,789 9.997 1,839 1,469 1,1)00 1.000 313.967 {15,043) 51124 294,247 (22.066) 74,190 Net Deficlt for the Year Fund Balance Brought Forward Fund Balance Carrled Forward 37,081 51124 This page does nol form part of the statutory financlal statements Page 16