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2022-03-31-accounts

CHARITY REGISTRATION NUMBER: 1092987

"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Unaudited Financial Statements

31 March 2022

WHITESIDE AND DAVIES ACCOUNTANTS

Chartered Certified Accountants 158 Cromwell Road Salford M6 6DE

"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Financial Statements

Year ended 31 March 2022

Page
Trustees' annual report 1
Independent examiner's report to the trustees 7
Statement of financial activities 8
Statement of financial position 9
Notes to the financial statements 10
The following pages do not form part of the financial statements
Detailed statement of financial activities 19
Notes to the detailed statement of financial activities 19

Whiteside and Davies Accountants

"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.

Reference and administrative details

Registered charity name "SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Charity registration number 1092987

Principal office: 72 Whitehall Road, Gateshead, NE8 4ET

The Trustees:

D Rosenbaum M Steinhaus J Schleider T Katz

Accountants

Whiteside and Davies Accountants

Chartered Certified Accountants 158 Cromwell Road Salford M6 6DE

Structure, governance and management

Description of Organisation

Recruitment and appointment of new trustees is in line with the trust deed, objectives of the charity and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation. The charity is constituted as a charitable trust and is therefore governed by a trust deed. The constitution was adopted on 23 October 2001 and amended on 26 March 2002.

Objectives and activities

The charity’s objective is to provide holistic support to children with disabilities/additional needs, and their families, within the listed area of benefit. Support and respite are offered to the parents and siblings, while the children with disabilities are granted various provisions which can aid and enhance their physical and emotional development.

Activities we provide include: Daily after school club and weekly programmes for children with disabilities; Support events and programs for siblings through Siblings Club; Support for parents/carers. In the furtherance of these charitable objects, the charity is to raise funds and invite and receive from any person or persons whatsoever by way of subscription, donation and otherwise, provided that the charity does not undertake any permanent trading activities in raising funds for their charitable objects.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

Achievements and performance

Review of activities:

After a truly challenging 20 months, particularly for its already over-burdened, disadvantaged users, SPLASH has gradually established an adapted and improved style of provisions and service delivery. After much introspection, research, and gathering of feedback from users, it has been identified that setting up as many activities on SPLASH premises is the only way to ensure consistent delivery of provisions. We have therefore invested in securing funds for the setting up of a sensory play area , as well as completed the purchasing and positioning of all equipment included in our proficient IT suite (for which funds were raised at the end of financial year ending 31 March 2021).

Project Shining Stars has been a “Shining Success”. As well as offering daily after school club, Project Shining Stars is a bi-weekly program, where our outstanding volunteers cook, serve (and often feed), the children a freshly cooked, nourishing meal, before supervising and coaching them through the variety of therapeutic and fun activities we offer on a nightly basis. The children have thrived on the personal attention, delicious food, and fun programs! Thanks to our ever-devoted volunteers, this relatively new provision has served as a true lifesaver for the families of these children, offering them much needed respite and quality family time, during the “rush hours” in the day of every large family.

After the long phase where government guidelines were restricting access to this favoured sport activity, we have finally been able to continue offering our Weekly Horse-riding Therapy Sessions to 3 groups of 6 children (we have a rotation system on a termly basis which ensure that as many children as possible have access to this valuable provision), and our waiting list of children hoping to gain access to this highly worthwhile sport, is ever-growing. Unfortunately, some of the children did relapse over the breaks, but since guidelines have permitted us to proceed as usual with this vital activity, we have been working very hard to get everyone back to their standards. Progress reports have now shown that the children have regained any skills lost and are working well towards their new goals.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

Sunday trips , and weekly visits to a thrilling Trampoline Park are once again being offered on a weekly basis, to the children with disabilities; a rotation of siblings are invited to join.

Our Young Carers/Siblings Club Events, offered to its membership of over 150 siblings, have been ever necessary with family dynamics still being impacted by lingering effects of the strain the Covid lockdown imposed upon each family member. This year’s Winter Holidays program included a fabulous range of indoor activities, outdoor programs and fun-filled trips. The children felt supported, validated and cared for, and reported to have gained on the long term from the opportunity to relax, have fun, and connect with other children/teenagers whose struggles and stresses are much the same as their own.

We also offered occasional facilitated focus groups as well as trips and indoor programs throughout the year. All events were well attended, and followed by effusively appreciative feedback from the Young Carers/Siblings and their grateful parents, many who claim to notice marked improvements in their child’s self-image and in their feelings towards their special needs sibling/s.

Around 50 persons have attended our Parent-Support Events , and have reported to gain validation, encouragement and respite from the combination of benefits available to them at each of our programs.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

With deepest appreciation to our generous friends and benefactors, we are delighted to report that SPLASH is finally in ownership of a disabled access minibus ! Having our own vehicle is extremely advantageous to the smooth running of all our off-premise sessions and we look forward to utilising it to continue providing our valuable and beneficial off-site provisions with increased efficiency and pleasant service delivery.

Financial review

The trustees consider that the results set out in the attached accounts are satisfactory. They are of the opinion that the balance on the reserves is sufficient to meet any future commitments under the terms of funding.

It is the policy of the charity to maintain unrestricted funds at a level which covers current commitments under the terms of their funding.

We are gratified by the significant increase in income and expenditure, which is an indication to our successful expansion which was greatly hindered during the previous financial year due to COVID restrictions. We continue to apply to national/local funders and trusts to source funding for the running of our activities and services. We continue to work on improving and expanding the diversity of our income streams to strengthen our viability. We continue to liaise with NCVS for professional fundraising guidance and advice. Our annual fundraiser was a smashing success with the tremendous show of support from the entire community filling our management with renewed passion for giving their all to support the children with disabilities and their overladen families.

Acknowledgements

The charity would like thank our dedicated and efficient volunteers for their extraordinary devotion upon which delivery of services depends.

We are exceedingly grateful to The Community Foundation for their ongoing support.

SPLASH would like to thank all funders who have invested in us, believe in us, and share our passion, aims and aspirations: (in alphabetical order)

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

Thank you to Interlink, and JCCG for their ongoing support and assistance.

Plans for future periods

Our plans for 2022-23 are:

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives and in planning future activities for the year.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Trustees' Annual Report (continued)

Year ended 31 March 2022

Trustees' responsibilities statement

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees' annual report was approved on 9 January 2023 and signed on behalf of the board of trustees by:

M Steinhaus Trustee

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Independent Examiner's Report to the Trustees of "SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Year ended 31 March 2022

I report to the trustees on my examination of the financial statements of "SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS ('the charity') for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

H Davies FCCA Whiteside and Davies Accountants Independent Examiner

158 Cromwell Road Salford M6 6DE

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Statement of Financial Activities

Year ended 31 March 2022

2022 2021
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations, Legacies and Grants 4 58,298 45,258 103,556 58,557
Rental income 5 4,958 – 4,958 5,707
---------------------------- ---------------------------- -------------------------------- ----------------------------
Total income 63,256 45,258 108,514 64,264
============================ ============================ ================================ ============================
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies 6 5,948 – 5,948 607
Expenditure on charitable activities 7,8 41,960 39,859 81,819 60,736
---------------------------- ---------------------------- -------------------------------- ----------------------------
Total expenditure 47,908 39,859 87,767 61,343
============================ ============================ ================================ ============================
---------------------------- ---------------------------- -------------------------------- ----------------------------
Net income and net movement in funds 15,348 5,399 20,747 2,921
============================ ============================ ================================ ============================
Reconciliation of funds
Total funds brought forward 15,610 13,609 29,219 26,298
---------------------------- ---------------------------- -------------------------------- ----------------------------
Total funds carried forward 30,958 19,008 49,966 29,219
============================ ============================ ================================ ============================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 10 to 17 form part of these financial statements.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Statement of Financial Position

31 March 2022

2022 2021
Note £ £
Fixed assets
Tangible fixed assets 14 34,062 986
Current assets
Cash at bank and in hand 46,915 29,233
Creditors: amounts falling due within one year 15 31,011 1,000
---------------------------- ----------------------------
Net current assets 15,904 28,233
---------------------------- ----------------------------
Total assets less current liabilities 49,966 29,219
---------------------------- ----------------------------
Net assets 49,966 29,219
============================ ============================
Funds of the charity
Restricted funds 19,008 13,609
Unrestricted funds 30,958 15,610
---------------------------- ----------------------------
Total charity funds 17 49,966 29,219
============================ ============================

These financial statements were approved by the board of trustees and authorised for issue on 9 January 2023, and are signed on behalf of the board by:

M Steinhaus Trustee

The notes on pages 10 to 17 form part of these financial statements.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements

Year ended 31 March 2022

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 72 Whitehall Road, Gateshead, NE8 4ET.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

(a) No cash flow statement has been presented for the company.(b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment - 25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

4. Donations, legacies and grants

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Donations
Donations 46,798 – 46,798
Grants Received 11,500 45,258 56,758
Grants
Furlough Income – – –
---------------------------- ---------------------------- --------------------------------
58,298 45,258 103,556
============================ ============================ ================================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations
Donations 3,420 – 3,420
Grants Received 1,000 52,818 53,818
Grants
Furlough Income – 1,319 1,319
----------------------- ---------------------------- ----------------------------
4,420 54,137 58,557
======================= ============================ ============================
5. Rental income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Subletting income 4,958 4,958 5,707 5,707
======================= ======================= ======================= =======================
6. Costs of raising donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Costs of raising donations and
legacies 5,948 5,948 607 607
======================= ======================= ============== ==============

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

7. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Direct Charitable activities 39,511 39,859 79,370
Support costs 2,449 – 2,449
---------------------------- ---------------------------- ----------------------------
41,960 39,859 81,819
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Direct Charitable activities 428 56,536 56,964
Support costs 2,773 999 3,772
----------------------- ---------------------------- ----------------------------
3,201 57,535 60,736
======================= ============================ ============================
8. Expenditure on charitable activities by activity type
Activities
undertaken
Support		 Total funds Total fund
directly
costs		 2022 2021
£ £ £ £
Direct Charitable activities 79,370
1,449		 80,819 59,736
Governance costs – 1,000 1,000 1,000
---------------------------- ----------------------- ---------------------------- ----------------------------
79,370
2,449		 81,819 60,736
============================ ======================= ============================ ============================
9. Support costs
Analysis of
support costs Total 2022 Total 2021
£ £ £
Communications and IT 355 355 383
General office 1,022 1,022 2,317
Finance costs 72 72 72
Governance costs 1,000 1,000 1,000
----------------------- ----------------------- -----------------------
2,449 2,449 3,772
======================= ======================= =======================
10. Net income
Net income is stated after charging/(crediting):
2022 2021
£ £
Depreciation of tangible fixed assets 1,016 329
======================= ==============

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

11. Independent examination fees

2022 2021
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,000 1,000
======================= =======================

12. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2022 2021
£ £
Wages and salaries 19,998 14,995
============================ ============================

The average head count of employees during the year was 2 (2021: 1). The average number of full-time equivalent employees during the year is analysed as follows:

2022 2021
No. No.
Administrative 2 1
============== ==============

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

13. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

14. Tangible fixed assets

Motor
vehicles Equipment Total
£ £ £
Cost
At 1 April 2021 – 1,342 1,342
Additions 30,000 4,092 34,092
---------------------------- ----------------------- ----------------------------
At 31 March 2022 30,000 5,434 35,434
============================ ======================= ============================
Depreciation
At 1 April 2021 – 356 356
Charge for the year – 1,016 1,016
---------------------------- ----------------------- ----------------------------
At 31 March 2022 – 1,372 1,372
============================ ======================= ============================
Carrying amount
At 31 March 2022 30,000 4,062 34,062
============================ ======================= ============================
At 31 March 2021 – 986 986
============================ ======================= ============================

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

15. Creditors: amounts falling due within one year

2022 2021
£ £
Accruals and deferred income 31,000 1,000
Social security and other taxes 11 –
---------------------------- -----------------------
31,011 1,000
============================ =======================
16. Government grants
The amounts recognised in the financial statements for government grants are as follows:
2022 2021
£ £
Recognised in income from donations and legacies:
Government grants income – 1,319
============== =======================
17. Analysis of charitable funds
Unrestricted funds
At At
1 April 2021 Income Expenditure 31 March 22
£ £ £ £
General funds 15,610 63,256
(47,908)
30,958
============================ ============================ ============================ ============================
At At
1 April 2020 Income Expenditure 31 March 21
£ £ £ £
General funds 9,291 10,127
(3,808)
15,610
======================= ============================ ======================= ============================
Restricted funds
At At
1 April 2021 Income Expenditure 31 March 22
£ £ £ £
Restricted Fund 13,609 45,258
(39,859)
19,008
============================ ============================ ============================ ============================
At At
1 April 2020 Income Expenditure 31 March 21
£ £ £ £
Restricted Fund 17,007 54,137
(57,535)
13,609
============================ ============================ ============================ ============================

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Financial Statements (continued)

Year ended 31 March 2022

Funds - Restricted Funds

Community Foundation
Barbour Foundation
Grants The Edward Gosling Foundation
Douglas Arter Foundation
Grant The Joicey Trust
Grant Souter Chatitable Trust
Grant Rothley Trust
Jewish Childs Day
GREATHAM HOSP TT
Sir James Knott Trust
Grants William Leech
Carpenters grant
Dover
Albert Hunt SP
The shears foundation
National Lottery Awards for All
Wellsey Trust
D' Oyly Carte Charitable Trust		 Incoming
Outgoing
Balance B/F
resources recources
Balance C/F
-
6,398
6,398
-
1,000
1,000
-
1,267
1,267
0
500
500
-
2,130
2,130
-
1,775
1,775
-
-
1,000
1,000
-
4,000
-
4,000
1,000
1,000
-
980
980
-
2,000
2,000
-
5,000
5,000
-
5,000
5,000
-
2,000
2,000
5,000
5,000
-
9,880
5,372
4,508
2,437
2,437
(0)
4,000
3,500
4,000
3,500
13,609
45,258
39,859
19,008

18. Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Tangible fixed assets 34,062 – 34,062
Current assets 27,907 19,008 46,915
Creditors less than 1 year (31,011) – (31,011)
---------------------------- ---------------------------- ----------------------------
Net assets 30,958 19,008 49,966
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Tangible fixed assets 986 – 986
Current assets 15,624 13,609 29,233
Creditors less than 1 year (1,000) – (1,000)
---------------------------- ---------------------------- ----------------------------
Net assets 15,610 13,609 29,219
============================ ============================ ============================

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Year ended 31 March 2022

Management Information

The following pages do not form part of the financial statements.

Whiteside and Davies Accountants

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"SPLASH" SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2022

2022 2021
£ £
Income and endowments
Donations, Legacies and Grants
Donations 46,798 3,420
Grants Received 56,758 53,818
Furlough Income – 1,319
-------------------------------- ----------------------------
103,556 58,557
-------------------------------- ----------------------------
Rental income
Subletting income 4,958 5,707
----------------------- -----------------------
-------------------------------- ----------------------------
Total income 108,514 64,264
================================ ============================
Costs of raising donations and legacies
Costs of raising donations and legacies - Donations
Fundraising Costs 5,948 607
----------------------- --------------
----------------------- --------------
Costs of raising donations and legacies 5,948 607
======================= ==============
Expenditure on charitable activities
Direct Charitable activities
Activities undertaken directly
Wages and administration 19,998 14,995
Rent 9,000 8,300
Rates & water 1,151 1,318
Light & heat 2,568 1,651
Repairs & maintenance 2,684 1,554
Insurance 921 435
Depreciation 1,016 329
Activities 32,184 9,236
Volunteer Expenses 4,610 99
Parent / carer support 5,083 3,595
COVID-19 Support 155 15,452
---------------------------- ----------------------------
79,370 56,964
---------------------------- ----------------------------
Support costs
Legal & Professional Fees 216 84
Telephone 355 383
Printing Postage and Stationery 806 2,040
Bank charges 72 72
Subscriptions – 193
----------------------- -----------------------
1,449 2,772
----------------------- -----------------------
Governance costs
Governance costs - accountancy fees 1,000 1,000
----------------------- -----------------------
---------------------------- ----------------------------
Expenditure on charitable activities 81,819 60,736
============================ ============================
---------------------------- ----------------------------
Net income 20,747 2,921
============================ ============================

Whiteside and Davies Accountants

19