2024-03-31-accounts - The Southcourt And Walton Court Community Project

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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 2024

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 2024

	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	17 to 21
Detailed Statement of Financial Activities	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 2024

Report of the trustees for the year ending 31[st] March 2024

The trustees are pleased to present their report together with the financial statements of the charity for the year ending 31[st] March 2024.

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) Miss Sarah Walland (Company Secretary)

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

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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 2024

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 day- to-day running of the holiday playschemes. 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 take place at Ashmead School. 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

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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 2024

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 help 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 playschemes 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 playschemes from Ashmead School.

Dates of the play schemes are:

February half term Monday – Friday Easter Holidays Monday – Friday May half term Monday – Friday Summer Holidays (first 4 weeks) Monday – Friday October half term Monday – Friday

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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 2024

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

Achievements and Performance

Attendance

Overall attendance has increased slightly. This is not an issue because for most days that we ran during last year and this year, we were close the maximum number of children permitted by our OFSTED registration.

We continue to see an increase in the number of children with Special Educational Needs and Disabilities (SEND). Between October 2021 and February 2023, the number of SEND children ranged from 31 to 41. At Easter 2023, 42 SEND children attended (8 of whom have an Education and Health Care Plan (EHCP)). By February 2024 we had 54 SEND children (18 of whom have an EHCP). Our participation in the Holiday Activities and Food Programme (HAF) this year contributed to some of this increase in SEND children. The SEND children have 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. Some of these children are awaiting an assessment with the Educational Psychologist, Speech and Language Therapist or Child and Adolescent Mental Health Services (CAMHS). 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 2013

	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
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	615	14	43	600	14	43	496	12	43	609	14
2019-20	43	855	20	43	853	20	43	825	19	43	915	21
2020-21	25	416	17	25	416	17	25	416	17	25	123	5
2021-22	43	1281	30	43	1277	30	43	1262	29	43	597	14
2022-23	41	1785	44	41	1785	44	41	1776	43	41	586	14
2023-24	42	1808	43	42	1819	43	42	1821	43	42	832	20

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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 2024

Over the past 10 years, attendance shows an overall increasing trend (excluding the pandemic period 2020-21).

Figure 1. Comparison of Total Attendance since 2013

----- Start of picture text -----
Total Attendance
7000
6000
5000
4000 Extended Day Attendance
Afternoon Attendance
Lunch Attendance
3000
Morning Attendance
2000
1000
0
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
----- End of picture text -----

Total attendance was at its highest since 2013. Compared to last year, total attendance increased by 6%. Morning, afternoon, and lunch attendance remained stable. The extended day session has become more popular increasing by 42%. On most days we were close to the maximum number of children allowed by our OFSTED registration.

Figure 2. Comparison of Average Attendance since 2013

----- Start of picture text -----
Average Attendance
50
45
40
35
30
Morning Avg
25 Lunch Avg
Afternoon Avg
20 Extended Day Avg
15
10
5
0
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
----- End of picture text -----

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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 2024

Compared to last year, overall average daily attendance increased by 3%. The extended day average increased by 39%.

Cost per session

After several years of maintaining our prices, the Project’s management committee decided to increase prices due to increasing running costs. Despite this price increase, compared to other local providers, the playscheme still remains very good value for families.

Play Activities

This year has been a busy year with daily numbers of children ranging between 60 and 70. The Summer playscheme was so popular that dates were fully booked within a few hours of bookings being opened! For the Summer holidays we were asked by the local authority to participate in the Holiday Activities and Food Programme (HAF). The HAF Programme is funded by the Department for Education and provides free holiday activities and a healthy hot meal for children in Reception to Year 11 who receive benefitsrelated free school meals. Our involvement was a great success. The children who attended thoroughly enjoyed themselves and some have since joined us for a few other playschemes, with the parents paying for their places. Working with the local authority meant additional work for the Play Manager and the Funding Officer, but it has been worthwhile to see the children enjoy their time with us and to know that their parents can have some respite time. Our involvement with the HAF Programme emphasised the need for our provision within our target area and allowed us to demonstrate the high standard of our services to the local authority. We hope that the HAF Programme carries on in years to come. The Summer holidays were split into 4 themed weeks:

Science Week included daily science activities such as making bouncing eggs, colour changing flowers, and making slime for the children to take home. The children took a great interest each day and were keen to do the experiments.

Magical Week started off with a magic show hosted by Smarty Pants magician. He taught the children some tricks to try at home. The children were very engaged and spoke about the tricks all week. We also did some self-taught tricks for the children to enjoy. They made magic wands from paper and took part in Harry Potter games.

To start Wild Animal Week, we invited First Class Falconry to join us for the day. The children watched a bird air show, and then had the opportunity to look at the birds up close. They learned a lot of new information and had time to ask questions. At the end of the day all the children were able to hold a bird and have a photo taken which was emailed to parents.

Recycle Week included lots of junk modelling and craft. The children made boats to race in the paddling pool. It was great fun watching which ones floated or sank.

The Easter playscheme consisted of a week of craft, including pottery, painting, and oil pastels. The children really enjoyed being taught how to knit and crochet during this holiday. They have now started to create things at home and then bring them in to show us what they have achieved. The traditional Easter

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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 2024

egg hunt and cooking with chocolate was enjoyed by the children.

The May half term playscheme ran for 4 days, where the children enjoyed lots of cooking as well as planting sunflowers to take home.

The October half term had an Autumn theme, with lots of craft making and baking hedgehog bread. The planned trip to Wendover Wood was canceled due to bad weather. Instead, we had an Autumn party with prize bingo, party games, dancing, and a spooky decorated cake.

During February half term we went to the cinema to watch a movie. Due to the number of children, we were able to take all the seats in one screen. The children thoroughly enjoyed this, and it was the first cinema experience for many of them. For the rest of the week, we had lots of crafts and an inflatable racecourse where the children could drive around in mini cars.

Sport played a big part in our activities. We had mini sport days, archery competitions and morning exercises to get us all going. Game on Sport also attended the club every Friday during all the holidays. Cooking was also a big part of the year with the children being more involved in making food for lunch or dessert as well as taking food home. Fruit salad was a favourite. We have found that when the children make it themselves, they seem to eat more than when we just serve it up!

Our hot meals were a success, with more children taking up the offer. The roast chicken dinner during the colder months is still popular and the children ask for this each holiday. We have introduced new foods this year as well. Fajitas were very popular. And more salad and vegetables were eaten as part of the meals.

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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 2024

Here are some photos of what the children got up to during the year.

On your mark…get set…go!

Yummy roast chicken dinner!

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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 2024

Making fruit salad

What will happen next at Science Week?

Making hedgehog bread

Preparing a pumpkin for carving

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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 2024

Meeting a little owl

Holding a kookaburra

Learning to crochet

Here's my crochet square!

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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 2024

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. Their dedication, preparation, creativity, and enthusiasm in working with the children is brilliant as evidenced by the positive feedback we get from parents/carers.

Fund Raising

We depend on grants to enable us to offer our high-quality affordable services. The Project has been fortunate to receive various grants to help provide lunches, activities, resources, and additional staff to support children with special educational needs and disabilities (SEND).

William Harding and Buckinghamshire Council have provided grants to help cover ongoing costs and keep fees affordable. Rothschild has funded additional staff for 1:1 support for children with SEND. The number of children with SEND that we support continues to increase.

Mobbs Memorial Trust granted funding to purchase sports equipment. Fairhive and the Foyle Foundation have funded activities and staff. Heart of Bucks, funded in part by the Bucks Masonic Grassroots Fund and the Community Investor Fund and Aylesbury Community Board, have assisted us to provide hot lunches for the children.

We are thankful for the continuous support of our funders, as without their help, the children would not have the opportunities they currently enjoy. We are always looking for new funding sources 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 over 700 followers! You can find our Facebook page at https://www.facebook.com/goplayhc/

Also, you can visit our playscheme website at https://goplayholidayclub.wixsite.com/goplay

Council of Management

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.

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 high quality affordable play services.

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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 2024

Financial Review

Go Play Holiday Club.

2023-24 has seen excellent attendance of children, the best attendance since 2013 for the Southcourt and Walton Court Community Project and the Go Play playschemes.

We were able to cater for increasing numbers of children and this led to a further increase in fee income and 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.

Our accountants have informed us that the financial out turn for 2023-24 was a surplus of £18895. In terms of our cash reserves, we ended the year with a positive balance of £59909.

These results are a combination of two key factors.

The playscheme manager, Emma Tegg and her team continue to offer activities which are enjoyed by the children, meet the expectations of the parents and carers and that success is spread by word of mouth and through Facebook to maintain regular bookings.

The constant work by the trustee, Kirsten Braybrook, who is continuously making successful funding applications to organisations and individuals for financial support.

Adequate finance is essential to continue to provide lunches for all the children, pay for outings and visiting speakers and entertainers and maintain a stock of learning and play equipment.

We are grateful to Ashmead School for continuing to provide us with access to facilities to run the playschemes and for the support of the staff. The school offers us space for all the indoor activities, access to cooking facilities for the cooked meals and a large outdoor space for sporting events. The second shed to accommodate the learning materials has been invaluable.

One issue of some concern for the future is the progress Ashmead School is making to become part of a multi-academy trust. This will mean changes to the letting policy for the school and may mean an increase in the rental charges in the future.

In summary, we completed 2023-24 in a strong financial position for the planned activities in 2024-25. This is my last financial report as I have handed over the treasurer’s role to John Blackburn. I wish him well and hope the Go Play Holiday Club continues to thrive.

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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 2024

Acknowledgements

We are very grateful to the following organisations for their financial support received during 2023 and 2024.

Buckinghamshire Council,

Foyle Foundation

Heart of Bucks, Mobbs Memorial, National Lottery

Rothschild Foundation,

Vale Of Aylesbury Housing Trust (Now renamed Fairhive)

William Harding’s Charity,

We also thank individuals who have made generous donations to the Project.

Andrew Nobbs, treasurer.

The Future

The Project has been operating in the Southcourt and Walton Court community for 35 years and has grown and adapted to change thanks to the dedication of past and present staff and management committee members. The increased economic hardship our communities have been experiencing due to the continuing cost of living pressures, means that our play scheme provision is even more important in helping families with children access good services for them. As a management and staff team, we will continue to focus on providing affordable high quality play services for children living in our target areas of Southcourt, Walton Court, and Mandeville estates.

Approved by order of the board of trustees on 05 September 2024 and signed on its behalf by:

.................................... G Chang - Trustee

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwith the
financialstatementsofthecharityfortheyearended31March2024.Thetrusteeshaveadoptedtheprovisionsof Accounting
andReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January
2019).

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limitedby guarantee,
as defined by the Companies Act 2006.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`

02748161 (England and Wales)

Registered Charity number
1077901

`Registered office`

13 Manor Drive
Aylesbury
HP20 1EW

Trustees
K J Braybrook Retired
G Chang Management Consultant
P A Gibbs Retired
A R Nobbs Retired
S Walland

Company Secretary
P A Gibbs

`Independent Examiner`

Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

Approved by order of the board of trustees on 5 September 2024 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 2024.

`Responsibilities and basis of report`

Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsiblefor the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Act and
areeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsascarried out
underSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedthe Directions
given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwiththe 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)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshould be
drawn in this report in order to enable a proper understanding of the accounts to be reached.

S. R. Sampson

Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

5 September 2024

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024`

				`31.3.24`	`31.3.23`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`fund`	`fund`	`funds`	`funds`
	`Notes`	`£`	`£`	`£`	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`	`3`	`50,146`	`-`	`50,146`	`35,190`
`Charitable activities`	`5`
`Playschemes`		`45,335`	`-`	`45,335`	`33,353`
`Investment income`	`4`	`253`	`-`	`253`	`115`
`Total`		`95,734`	`-`	`95,734`	`68,658`
`EXPENDITURE ON`
`Charitable activities`
`Playschemes`		`68,658`	`-`	`68,658`	`49,539`
`General`		`8,181`	`-`	`8,181`	`9,292`
`Total`		`76,839`	`-`	`76,839`	`58,831`
`NET INCOME`		`18,895`	`-`	`18,895`	`9,827`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`41,014`	`-`	`41,014`	`31,187`
`TOTAL FUNDS CARRIED FORWARD`		`59,909`	`-`	`59,909`	`41,014`

The notes form part of these financial statements

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`BALANCE SHEET 31 MARCH 2024`

				`31.3.24`	`31.3.23`
		`Unrestricted`	`Restricted`	`Total`	`Total`
		`fund`	`fund`	`funds`	`funds`
	`Notes`	`£`	`£`	`£`	`£`
`CURRENT ASSETS`
`Cash at bank`		`88,316`	`-`	`88,316`	`57,516`
`CREDITORS`
`Amounts falling due within one year`	`11`	`(28,407)`	`-`	`(28,407)`	`(16,502)`
`NET CURRENT ASSETS`		`59,909`	`-`	`59,909`	`41,014`
`TOTAL ASSETS LESS CURRENT LIABILITIES`		`59,909`	`-`	`59,909`	`41,014`
`NET ASSETS`		`59,909`	`-`	`59,909`	`41,014`
`FUNDS`	`12`
`Unrestricted funds`				`59,909`	`41,014`
`TOTAL FUNDS`				`59,909`	`41,014`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
31 March 2024.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended31March 2024
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.

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitablecompanies subject
to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon5September2024and were
signed on its behalf by:

G Chang - Trustee

The notes form part of these financial statements

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024`

`1. STATUTORY INFORMATION`

TheSouthCourtAndWaltonCourtCommunityProjectisanincorporatedcharity,limitedbyguarantee,registered in
EnglandandWales.Thecharity'sregisterednumberandregisteredofficeaddresscanbefoundintheReportof the
Trustees.

`2. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCompanies Act
2006. The financial statements have been prepared under the historical cost convention.

`Income`

AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthe charity
tothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandthe amount
oftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeen classified
underheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular
headings they have been allocated to activities on a basis consistent with 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.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. 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`

Inaccordancewiths24ofFRS102thesearetreatedusingtheaccrualsmodelandsoarerecognisedinincomeon a
systematicbasisovertheperiodsinwhichthecharityrecognisestherelatedcostsforwhichthegrantsare intended
to compensate.

`3. DONATIONS AND LEGACIES`

`DONATIONS AND LEGACIES`
	`31.3.24`	`31.3.23`
	`£`	`£`
`Donations`	`2,420`	`5,530`
`Grants`	`47,726`	`29,660`
	`50,146`	`35,190`
`Grants received, included in the above, are as follows:`
	`31.3.24`	`31.3.23`
	`£`	`£`
`Other grants`	`47,726`	`29,660`

continued...

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`

`4. INVESTMENT INCOME`

`Interest receivable` `5.` `INCOME FROM CHARITABLE ACTIVITIES` `Activity` `Income from play schemes` `Playschemes` `6.` `NET INCOME/(EXPENDITURE)` `Net income/(expenditure) is stated after charging/(crediting):` `Other operating leases` `7.` `INDEPENDENT EXAMINERS' REMUNERATION` `Fees payable to the charity's independent examiners for the independent` `examination of the charity's financial statements`	`31.3.24` `£` `253` `31.3.24` `£` `45,335` `31.3.24` `£` `630`	`31.3.23` `£` `115` `31.3.23` `£` `33,353` `31.3.23` `£` `615` `31.03.23` `£` `1,200`
	`31.03.24`
	`£`

	`1,320`

`8. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2024norfortheyear ended
31 March 2023.

`Trustees' expenses`

There were no  trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

`9. STAFF COSTS`

`STAFF COSTS`
	`31.3.24`	`31.3.23`
	`£`	`£`
`Wages and salaries`	`63,306`	`43,206`
	`63,306`	`43,206`
`The average monthly number of employees during the year was as follows:`
	`31.3.24`	`31.3.23`
`Playschemes`	`9`	`7`

No employees received emoluments in excess of £60,000.

continued...

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`

`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

		`Unrestricted`	`Restricted`	`Total`
		`fund`	`fund`	`funds`
		`£`	`£`	`£`
	`INCOME AND ENDOWMENTS FROM`
	`Donations and legacies`	`35,190`	`-`	`35,190`
	`Charitable activities`
	`Playschemes`	`33,353`	`-`	`33,353`
	`Investment income`	`115`	`-`	`115`
	`Total`	`68,658`	`-`	`68,658`
	`EXPENDITURE ON`
	`Charitable activities`
	`Playschemes`	`49,539`	`-`	`49,539`
	`General`	`9,292`	`-`	`9,292`
	`Total`	`58,831`	`-`	`58,831`
	`NET INCOME`	`9,827`	`-`	`9,827`
	`RECONCILIATION OF FUNDS`
	`Total funds brought forward`	`31,187`	`-`	`31,187`
	`TOTAL FUNDS CARRIED FORWARD`	`41,014`	`-`	`41,014`
`11.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
			`31.3.24`	`31.3.23`
			`£`	`£`
	`Social security and other taxes`		`(6)`	`-`
	`Deferred income`		`27,153`	`15,302`
	`Accrued expenses`		`1,260`	`1,200`
			`28,407`	`16,502`

Deferredincomerelatestoincomereceivedforactivitiestakingplaceaftertheendoftheaccountingperiodas well
as grant income received for charitable activities to be carried out in the next accounting period.

continued...

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`

`12. MOVEMENT IN FUNDS`

`MOVEMENT IN FUNDS`
		`Net`
		`movement`	`At`
	`At 1.4.23`	`in funds`	`31.3.24`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`41,014`	`18,895`	`59,909`
`TOTAL FUNDS`	`41,014`	`18,895`	`59,909`
`Net movement in funds, included in the above are as follows:`
	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`95,734`	`(76,839)`	`18,895`
`TOTAL FUNDS`	`95,734`	`(76,839)`	`18,895`
`Comparatives for 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`
`Comparative 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`

continued...

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`

`12. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

		`Net`
		`movement`	`At`
	`At 1.4.22`	`in funds`	`31.3.24`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`31,187`	`28,722`	`59,909`
`TOTAL FUNDS`	`31,187`	`28,722`	`59,909`

Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheaboveare as
follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`164,392`	`(135,670)`	`28,722`
`TOTAL FUNDS`	`164,392`	`(135,670)`	`28,722`

`13. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 March 2024.

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THE SOUTH COURT AND WALTON COURT
COMMUNITY PROJECT

`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024`

`DETAILED STATEMENT OF FINANCIAL ACTIVITIES` `FOR THE YEAR ENDED 31 MARCH 2024`
	`31.3.24`	`31.3.23`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Donations`	`2,420`	`5,530`
`Grants`	`47,726`	`29,660`
	`50,146`	`35,190`
`Investment income`
`Interest receivable`	`253`	`115`
`Charitable activities`
`Income from play schemes`	`45,335`	`33,353`
`Total incoming resources`	`95,734`	`68,658`
`EXPENDITURE`
`Charitable activities`
`Playwork - Wages`	`63,306`	`43,206`
`Rent`	`630`	`615`
`Administration`	`2,514`	`1,910`
`Playwork materials`	`5,352`	`6,333`
`Special events`	`3,185`	`3,392`
`Training`	`90`	`75`
`One-off costs`	`442`	`2,100`
	`75,519`	`57,631`
`Support costs`
`Governance costs`
`Independent examiners' remuneration`	`1,320`	`1,200`
`Total resources expended`	`76,839`	`58,831`
`Net income`	`18,895`	`9,827`

This page does not form part of the statutory financial statements

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