REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 ## The South Court and Walton Court Community ## Project Charity Number: 1077901 Company Number: 2748161 ## REPORT AND FINANCIAL STATEMENTS ## FOR THE YEAR ENDED ## 31ST MARCH 2023 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 **THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 14| |**Independent Examiner's Report**|15| |**Statement of Financial Activities**|16| |**Balance Sheet**|17| |**Notes to the Financial Statements**|18 to 22| REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Report of the trustees for the year ending 31[st] March 2023 The trustees are pleased to present their report together with the financial statements of the charity for the year ending 31[st] March 2023. ## Reference and administrative details REGISTERED CHARITY NUMBER 1077901 COMPANY REGISTRATION NUMBER 2748161 ## COUNCIL OF MANAGEMENT (Directors and Trustees) The Council of Management are the directors of the charitable company (the charity) and its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. The trustees serving during the year and since the year end were as follows: Miss G Chang (Chairman) Mr A Nobbs (Treasurer) Mrs K Braybrook (Fund-Raising Officer) Mrs P Gibbs (retired) (Company Secretary) Miss Sarah Walland * (Interim Company Secretary) *serving on the Council of Management and to be voted on as a trustee at the AGM ## REGISTERED OFFICE 13 Manor Drive Aylesbury Bucks HP20 1EW BANKERS Lloyds Bank plc Market Square Aylesbury Bucks HP20 1TD COIF Charities Deposit Fund 80 Cheapside London EC2V 6DV Aldermore Bank 1[st] Floor, Block B, Western House Lynch Wood Peterborough PE2 6FZ Page 1 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Structure, Governance and Management ## Governing Document Southcourt & Walton Court Community Project is a company limited by guarantee, governed by its revised Memorandum and Articles of Association dated 16 July 2015. It is a registered charity with the Charity Commission. Any one over the age of 18 can become a member of the company. In the event of the company being wound up members are required to contribute an amount not exceeding £5. ## Appointment of Council of Management The Project is governed by a Council of Management consisting of volunteers who have past and present experience in business, management, education, and social work. The Council meets regularly to review the activities and finances of the Project. Members of the Council of Management serve a 3-year term of office and are elected at the annual general meeting. The Council of Management also invites a representative from other organisations to participate in management meetings. These organisations are funding partners, advisory partners, or local charitable partners. Councilor Niknam Hussain has been appointed by Buckinghamshire Council to be their representative on our management committee. ## Organisation Structure The Project employs a part-time Play Manager who is responsible for the preparation and dayto-day running of the holiday play schemes. The Project also employ a part time Deputy Play Manager and several sessional paid staff. The Deputy, sessional paid staff and volunteers report to the Play Manager. The Play Manager reports to the Council of Management and attends the management meetings. ## Regulation The holiday play schemes have taken place at Ashmead School since February 2021. Our setting is Ofsted registered and our playscheme setting was inspected in February 2023. We were graded as ‘met’ which is the highest level under Ofsted’s latest inspection framework for school holiday provision. Our Ofsted Unique Reference Number is 2620091. The link to the inspection report is https://files.ofsted.gov.uk/v1/file/50210520 Page 2 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Objectives and Activities ## Mission The Project is committed to working with other local agencies and community organisations to support children living in the Southcourt, Walton Court and Mandeville estates, including children with disabilities or special needs. The Project aims to provide the best play services for these children that will improve their condition of life by promoting their physical, mental, and psychological well-being which should prevent them from experiencing social exclusion and/or developing anti-social behaviour. ## Values The Project seeks to: - Promote respect and equal opportunity in its play provision - Promote equal opportunity in recruitment of staff, sessional workers, and volunteers - Provide a play environment that stimulates, challenges, and helps children increase their confidence and self esteem - Empower children by affirming their right to make choices, discover their own solution, play, and develop at their own pace and in their own way - Comply with current legislation relevant to children’s rights, health and safety, and well- being - Empower local people by creating opportunities for them to gain experience and skills in a work environment either as volunteers or paid workers ## Service Description The Project provides holiday play schemes for children aged 4 – 11 years who primarily live in the Southcourt, Walton Court and Mandeville estates of Aylesbury. The Project does not have its own premises but operates play schemes from Ashmead School. ## Dates of the play schemes are: February half term Monday – Friday Easter Holidays Monday – Friday May half term Monday – Friday October half term Monday – Friday First 4 weeks of summer holidays Monday – Friday Page 3 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 Excluding Bank Holidays where they fall within the play scheme dates. |Operating hours are:|| |---|---| |Morning session:|09:30 – 12:00| |Lunch Session:|12:00 – 13:00| |Afternoon session:|13:00 – 15:30| |Extended day session:|08:30 – 17:30| Page 4 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Achievements and Performance ## Attendance Attendance has increased since last year. We have also seen an increase in the number of children with Special Educational Needs. We have 34 children on our books with a range of conditions including Autism Spectrum Disorder, Attention Deficit Hyperactivity Disorder, Down Syndrome, Developmental Language Disorder, Anxiety, Post Traumatic Stress Disorder, visual impairment, seizures, Muscular Dystrophy, button tube feeding, delayed speech, Attachment Disorder, Global Development Delay, Sensory Processing Disorder, Oppositional Defiance Disorder. Twelve of these children are noted with an EHCP (Education and Health Care Plan) and many are awaiting an assessment with the Educational Psychologist, Speech and Language Therapist or CAMHS (Child and Adolescent Mental Health Services). We have at least two children each session who require one to one support or children benefiting from one to four supervision. All our activities have been planned to allow children of all abilities to participate. Table 1. Comparison of Attendance Figures since 2012 ||**Morning**|**Morning**|**Morning**|**Lunch**|**Lunch**|**Lunch**|**Afternoon**|**Afternoon**|**Afternoon**|**Extended Day**|**Extended Day**|**Extended Day**| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Days|Attendance|Avg|Days|Attendance|Avg|Days|Attendance|Avg|Days|Attendance|Avg| |**2012-13**|36|1536|43|36|1006|28|0|0|-|n/a|n/a|n/a| |**2013-14**|38|968|25|38|730|19|20|366|18|n/a|n/a|n/a| |**2014-15**|38|1315|35|38|1192|31|38|1142|30|n/a|n/a|n/a| |**2015-16**|43|939|22|43|875|20|43|962|22|3|1|0| |**2016-17**|39|444|11|39|470|12|39|535|14|39|125|3| |**2017-18**|43|428|10|43|446|10|43|448|10|43|289|7| |**2018-19**|43|646|15|43|600|14|43|503|12|43|609|14| |**2019-20**|43|1255|29|43|853|20|43|837|19|43|915|21| |**2020-21**|25|582|23|25|416|17|25|416|17|25|123|5| |**2021-22**|43|1292|30|43|1885|44|43|1273|30|43|597|14| |**2022-23**|41|1842|45|41|2428|59|41|1833|45|41|586|14| Over the past 10 years, total and average attendance show an increasing trend (excluding the pandemic period 2020-21). Page 5 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 Figure 1. Comparison of Total Attendance since 2012 ## **Total Attendance** **----- Start of picture text -----**
8000
7000
6000
5000
Extended Day Attendance
4000 Afternoon Attendance
Lunch Attendance
3000 Morning Attendance
2000
1000
0
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
**----- End of picture text -----**
Total attendance was at its highest in the last 10 years. Compared to last year, total attendance has increased by 33%. Across morning, lunch and afternoon sessions total attendance has increased whereas the extended day session has remained stable. Figure 2. Comparison of Average Attendance since 2012 **----- Start of picture text -----**
Average Attendance
70
60
50
40 Morning Avg
Lunch Avg
30 Afternoon Avg
Extended Day Avg
20
10
0
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
**----- End of picture text -----**
Compared to last year, overall average daily attendance increased by 39%. Page 6 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Cost per session Due to our strong current financial position, the Project’s management committee decided to maintain prices at the previous year’s level. ## Play Activities This has been a busy year with the numbers picking up in Easter to an average of 60 a day and then by May to 70 a day. The summer holidays even saw dates being fully booked up within a few hours. This shows there is a need for our services within the area where we work. The Easter holidays included a science week where we were lucky to have Sublime Science come in and deliver a workshop for the children. It was very hands on, and the children loved making slime to take home. The traditional Easter egg hunt and cooking with chocolate was also enjoyed by the children. The May half term was cut short to 3 days due to the extra bank holiday for the Queen’s Jubilee. During the week we made decorations and prepared food for our Jubilee tea party. And we had a bouncy castle to add to the fun. Each child was given a package to take home of Jubilee pencils and notepad, a packet of wildflower seeds to sprinkle in their garden and a flag to wave on Jubilee Day. The Summer holidays were split into 4 theme weeks: 1. Nature week - We went to Wendover Wood to do nature trails and den making followed by a picnic. During the rest of the week, we painted with twigs and did bug hunts around the school fields. 2. Travel week - We visited Quainton Railway Centre and we were lucky to ride on two different trains. The children loved this and looked around the railway museum with such excitement, pushing all the buttons and pulling the levers. Back at base, we spent the rest of the days making models of hot air balloons, planes, and boats. 3. Roald Dahl week - We walked up to the Roald Dahl museum in Aylesbury and attended a hands on science event in the garden. 4. All around the world week – The children had great fun at the African drumming workshop learning about the different drums and making music. The children made their own pizzas to commemorate Italy, kites for China and castanets and fans for Spain. The October half term theme was ‘spooky’, with lots of crafts and a walking trip to the local cinema to see a movie. During February half term we had a visit from the Ofsted inspector. The inspection went well, and we were given a ‘met’. For out of school non-education provisions ‘met’ is the highest grade Page 7 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 that can be achieved. The rest of the week was celebrated as carnival week. We had a visit from the circus and large carnival games. Lots of fun was had by all children. Sport played a big part this year. We had mini sport days, archery competitions and morning exercises to get everyone moving. Game on Sport also delivered sessions every Friday during all the holidays. Our hot meals were very successful this year, with more children taking up the offer. This year we launched roast chicken dinner in the colder months. The children loved it and it was one of the meals that the children asked for most often. Here are some photos of what we got up to during the year. Practicing circus skills Page 8 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 Working together to keep a steady hand Roast chicken dinner with all the trimmings Fun with Connect 4 Page 9 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 Making slime Dressing up at Bucks Museum Enjoying the summer weather Page 10 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Exploring Wendover Wood Page 11 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Staff We wish to express our thanks to our Play Manager, Emma Tegg, and Deputy Play Manager, Lisa Alvarez, and their team of play workers for the great job they did in organizing and running the playschemes this year. We very much appreciate their dedication, preparation, creativity, and enthusiasm in working with the children. Besides delivering play schemes, Emma and Lisa had to prepare for our Ofsted inspection which took place in February 2023. We wish to congratulate them on a great inspection outcome. ## Fund Raising The Project was very fortunate to receive several different grants to help towards lunches, activities, resources, additional SEND playworkers and play worker costs. William Harding and Buckinghamshire Council provided grants to assist with ongoing costs and to enable our fees to remain affordable. Rothschild provided funding for additional staff to work with children who need one to one support. Aylesbury Town Council, Vale of Aylesbury Housing Trust and Shanly Foundation have funded towards the costs of activities and SEND staff during the activities. Heart of Bucks and Turners Court granted funds towards the cost of the lunches and additional staff required. William Harding and Aylesbury Vale Community Trust provided funding towards the cost of food and resources. We wish to thank our funders for their support, without which the children could not benefit from the additional opportunities. We continue to identify funding organisations and submit applications throughout the year. ## Marketing and Media Our Facebook presence continues to be very effective in communicating with families who use our play schemes and attracting new families. Our Facebook account now has over 600 likes and followers! You can find our Facebook page at https://www.facebook.com/goplayhc/ Also, you can visit our play scheme website at https://www.goplay.org.uk/ ## Council of Management At present, the Council of Management is made up of the trustees, the Play Manager, the Deputy Play Manager, the Marketing Officer, and the Buckinghamshire Council representative. In November 2022, we said goodbye to our secretary, Pauline Gibbs, who stood down as a trustee and a committee member. Pauline has been a dedicated supportor of the Project since it started in 1989 and has had various roles throughout the years. We wish to express our thanks to her for her hard work and faithfulness to the Project. We welcomed Sarah Walland to Page 12 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 our committee meetings starting in March 2023 and we look forward to working with her. We welcome any individuals or organisations who share our concern for the children of Southcourt and Walton Court to apply to join our management committee to support the provision of highquality affordable play services. Page 13 REGISTERED COMPANY NUMBER: 02748161 (England and Wales) REGISTERED CHARITY NUMBER: 1077901 Southcourt & Walton Court Community Project Report & Financial Statements for Year Ending 31[st ] March 2023 ## Financial Review 2022-23 has seen continued recovery from the low child numbers during the Covid Pandemic for the South Court and Walton Court Community Project and the Go Play playschemes. We were able to cater for increasing numbers of children and this led to an increase in fee income but also an increase in costs, particularly salaries. Salary costs increase annually in line with the National Living Wage legislation and in terms of the number of staff to look after the increased number of children and the provision of lunches. The net result for 2022-23 was a surplus of £9827. It should be noted that we had not increased the fees payable by parents and carers during this financial year. In terms of our cash reserves, we ended the year with a positive balance of £57616 cash at bank. This is mainly due to donors providing grants which were received is this financial year but are carried forward to fund activities in 2023-24. We are grateful to Ashmead School for continuing to provide us with access to facilities to run the playschemes and for their staff support. They have allowed us to erect a second shed to accommodate the learning materials which have increased as the number of children has increased. We are aware of the significant increase in the costs incurred by Ashmead School and expect an increase in the rent charged to Go Play in the coming years. In summary, we concluded the year in a good financial position for the planned activities in 2023-24. ## Acknowledgements We are very grateful to the following organisations for their financial support received during the financial year ending 31/3/23, Buckinghamshire Council, The Rothchild Foundation, Rectory Foundation, The Shanly Foundation, Aylesbury Town Council, Vale Of Aylesbury Housing Trust (Now renamed Fairhive) Heart of Bucks, Turners Court, Mobbs Memorial, William Harding’s Charity, and Southcourt Baptist Church. We also thank individuals who have made generous donations to the Project. Approved by order of the board of trustees on 17 September 2023 and signed on its behalf by: G Chang - Trustee Page 14 ## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT`** ## **`Independent examiner's report to the trustees of The South Court And Walton Court Community Project ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006 Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` S. R. Sampson ``` ``` Ashdown Hurrey Auditors Limited Statutory Auditors 20 Havelock Road Hastings East Sussex TN34 1BP ``` `Date:` 21 September 2023 Page 15 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023`** |||||`31.3.23`|`31.3.22`| |---|---|---|---|---|---| |||`Unrestricted`|`Restricted`|`Total`|`Total`| |||`fund`|`fund`|`funds`|`funds`| ||`Notes`|`£`|`£`|`£`|`£`| |**`INCOME AND ENDOWMENTS FROM`**|||||| |`Donations and legacies`|`3`|`35,190`|`-`|`35,190`|`4,124`| |**`Charitable activities`**|`5`||||| |`Playschemes`||`33,353`|`-`|`33,353`|`25,950`| |`Investment income`|`4`|`115`|`-`|`115`|`110`| |**`Total`**||`68,658`|`-`|`68,658`|`30,184`| |**`EXPENDITURE ON`**|||||| |**`Charitable activities`**|||||| |`Playschemes`||`49,539`|`-`|`49,539`|`35,966`| |`General`||8,092|`-`|8,092|`5,485`| |`Other`||1,200|`-`|1,200|`1,230`| |**`Total`**||`58,831`|`-`|`58,831`|`42,681`| |**`NET INCOME/(EXPENDITURE)`**||`9,827`|`-`|`9,827`|`(12,497)`| |**`RECONCILIATION OF FUNDS`**|||||| |`Total funds brought forward`||`31,187`|`-`|`31,187`|`43,684`| |**`TOTAL FUNDS CARRIED FORWARD`**||`41,014`|`-`|`41,014`|`31,187`| The notes form part of these financial statements Page 16 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`BALANCE SHEET`** ## **`31 MARCH 2023`** |||||`31.3.23`|`31.3.22`| |---|---|---|---|---|---| |||`Unrestricted`|`Restricted`|`Total`|`Total`| |||`fund`|`fund`|`funds`|`funds`| ||`Notes`|`£`|`£`|`£`|`£`| |**`CURRENT ASSETS`**|||||| |`Cash at bank`||`57,516`|`-`|`57,516`|`56,992`| |**`CREDITORS`**|||||| |`Amounts falling due within one year`|`11`|`(16,502)`|`-`|`(16,502)`|`(25,805)`| |**`NET CURRENT ASSETS`**||`41,014`|`-`|`41,014`|`31,187`| |**`TOTAL ASSETS LESS CURRENT LIABILITIES`**||`41,014`|`-`|`41,014`|`31,187`| |**`NET ASSETS`**||`41,014`|`-`|`41,014`|`31,187`| |**`FUNDS`**|`12`||||| |`Unrestricted funds`||||`41,014`|`31,187`| |**`TOTAL FUNDS`**||||`41,014`|`31,187`| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 31 March 2023. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` `The financial statements were approved by the Board of Trustees and authorised for issue on` 17 September 2023 `and were signed on its behalf by:` ``` G Chang - Trustee ``` Page 17 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023`** ## **`1. STATUTORY INFORMATION`** ``` TheSouthCourtAndWaltonCourtCommunityProjectisanincorporatedcharity,limitedby guarantee, registeredinEnglandandWales.Thecharity'sregisterednumberandregisteredofficeaddresscanbefound in the Report of the Trustees. ``` ## **`2. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)', FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistorical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothe funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`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. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe 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. ``` ## **`Government grants`** ``` Inaccordancewiths24ofFRS102thesearetreatedusingtheaccrualsmodelandsoarerecognised in incomeonasystematicbasisovertheperiodsinwhichthecharityrecognisestherelatedcostsforwhich the grants are intended to compensate. ``` ## **`3. DONATIONS AND LEGACIES`** |**`DONATIONS AND LEGACIES`**||| |---|---|---| ||`31.3.23`|`31.3.22`| ||`£`|`£`| |`Donations`|`5,530`|`1,124`| |`Grants`|`29,660`|`3,000`| ||`35,190`|`4,124`| |`Grants received, included in the above, are as follows:`||| ||`31.3.23`|`31.3.22`| ||`£`|`£`| |`Other grants`|`29,660`|`3,000`| ``` continued... ``` Page 18 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023`** ## **`4. INVESTMENT INCOME`** |`Interest receivable`
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Income from play schemes`
`Playschemes`
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Other operating leases`
**`INDEPENDENT EXAMINERS' REMUNERATION`**|`31.3.23`
`£`
`115`
`31.3.23`
`£`
`33,353`
`31.3.23`
`£`
`615`|`31.3.22`
`£`
`110`
`31.3.22`
`£`
`25,950`
`31.3.22`
`£`
`660`
`31.03.2`2
`£`
1,200| |---|---|---| ||`31.03.2`3|| ||`£`|| |||| |`Fees payable to the charity's independent examiners for the independent`
`examination of the charity's financial statements`|`1,2`0`0`|| |||| ## **`5. INCOME FROM CHARITABLE ACTIVITIES`** ## **`6. NET INCOME/(EXPENDITURE)`** ## **`7. INDEPENDENT EXAMINERS' REMUNERATION`** ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norforthe year ended 31 March 2022. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2023norfortheyear ended 31 March 2022. ``` ## **`9. STAFF COSTS`** |**`STAFF COSTS`**||| |---|---|---| ||`31.3.23`|`31.3.22`| ||`£`|`£`| |`Wages and salaries`|`43,206`|`32,834`| ||`43,206`|`32,834`| |`The average monthly number of employees during the year was as follows:`||| ||`31.3.23`|`31.3.22`| |`Playschemes`|`7`|`6`| ``` No employees received emoluments in excess of £60,000. ``` ``` continued... ``` Page 19 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023`** |**`10.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**||| |---|---|---|---|---| |||`Unrestricted`|`Restricted`|`Total`| |||`fund`|`fund`|`funds`| |||`£`|`£`|`£`| ||**`INCOME AND ENDOWMENTS FROM`**|||| ||`Donations and legacies`|`4,124`|`-`|`4,124`| ||**`Charitable activities`**|||| ||`Playschemes`|`25,950`|`-`|`25,950`| ||`Investment income`|`110`|`-`|`110`| ||**`Total`**|`30,184`|`-`|`30,184`| ||**`EXPENDITURE ON`**|||| ||**`Charitable activities`**|||| ||`Playschemes`|`35,966`|`-`|`35,966`| ||`General`|`5,485`|`-`|`5,485`| ||`Other`|`1,230`|`-`|`1,230`| ||**`Total`**|`42,681`|`-`|`42,681`| ||**`NET INCOME/(EXPENDITURE)`**|`(12,497)`|`-`|`(12,497)`| ||**`RECONCILIATION OF FUNDS`**|||| ||`Total funds brought forward`|`43,684`|`-`|`43,684`| ||**`TOTAL FUNDS CARRIED FORWARD`**|`31,187`|`-`|`31,187`| |**`11.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||| ||||`31.3.23`|`31.3.22`| ||||`£`|`£`| ||`Social security and other taxes`||`-`|`101`| ||`Deferred income`||`15,302`|`24,503`| ||`Accrued expenses`||`1,200`|`1,201`| ||||`16,502`|`25,805`| ``` Deferredincomerelatestoincomereceivedforactivitiestakingplaceaftertheendoftheaccountingperiod as well as grant income received for charitable activities to be carried out in the next accounting period. ``` ``` continued... ``` Page 20 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023`** ## **`12. MOVEMENT IN FUNDS`** |**`MOVEMENT IN FUNDS`**||| |---|---|---| ||`Net`|| ||`movement`|`At`| |`At 1.4.22`|`in funds`|`31.3.23`| |`£`|`£`|`£`| |**`Unrestricted funds`**||| |`General fund`
`31,187`|`9,827`|`41,014`| |**`TOTAL FUNDS`**
`31,187`|`9,827`|`41,014`| |`Net movement in funds, included in the above are as follows:`||| |`Incoming`|`Resources`|`Movement`| |`resources`|`expended`|`in funds`| |`£`|`£`|`£`| |**`Unrestricted funds`**||| |`General fund`
`68,658`|`(58,831)`|`9,827`| |**`TOTAL FUNDS`**
`68,658`|`(58,831)`|`9,827`| |**`Comparatives for movement in funds`**||| ||`Net`|| ||`movement`|`At`| |`At 1.4.21`|`in funds`|`31.3.22`| |`£`|`£`|`£`| |**`Unrestricted funds`**||| |`General fund`
`43,684`|`(12,497)`|`31,187`| |**`TOTAL FUNDS`**
`43,684`|`(12,497)`|`31,187`| |`Comparative net movement in funds, included in the above are as follows:`||| |`Incoming`|`Resources`|`Movement`| |`resources`|`expended`|`in funds`| |`£`|`£`|`£`| |**`Unrestricted funds`**||| |`General fund`
`30,184`|`(42,681)`|`(12,497)`| |**`TOTAL FUNDS`**
`30,184`|`(42,681)`|`(12,497)`| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||`Net`|| |---|---|---|---| |||`movement`|`At`| ||`At 1.4.21`|`in funds`|`31.3.23`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`43,684`|`(2,670)`|`41,014`| |**`TOTAL FUNDS`**|`43,684`|`(2,670)`|`41,014`| ``` continued... ``` Page 21 ``` THE SOUTH COURT AND WALTON COURT COMMUNITY PROJECT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`98,842`|`(101,512 )`|`(2,670)`| |**`TOTAL FUNDS`**|`98,842`|`(101,512 )`|`(2,670)`| ## **`13. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 March 2023. ``` Page 22