Docusign Envelope ID.. D811 BCA&6742474F-81 F4-B3332A8B7823
Registered number: 05014282
Charity number: 1102753
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Docusign Envelope ID.. D8118CAM742474F-B1F4-83332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION IPLAYBARN)
(A company limited by guarantee)
CONTENTS
Page
Reference and admlnlstrative details of the charity, its Trustees and advisers
Trustees. report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-22

Docusign Envelope ID.. D8118CA5-6742474F-B1F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION {PLAYBARN)
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
J Copeland, Chair
P Howkins
P Peel
J Brandreth
D Brandreth
Company registered
number
05014282
Charity registered
number
1102753
Registered office
480 Gipsy Lane
Leicester
LE5 OTB
Company secretary
D Brandreth
Accountants
Magma Audit LLP (Part of the Dains Group)
Chartered Accountants
Unit 2
Charnwood Edge Business Park
Syston Road
Leicester
LE7 4UZ
Page 1

Docusign Envelope IO.. D811BCAM742474F_8IF4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees p￿sent their annual report together with the financial statements of the charity for the year 1 April
2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors. report
under company law. The Trustees confimi that the Annual report and financial statements of the charitable
company comply with the current statutory requirements, the requirements of the charitable company's
governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102) {effective 1 January 2019).
Since the chanty qualrfies as small under section 382 of the Companies Act 2006, the Strategic report required
of medium and large companies under the Companies Act 2006 (strategic Report and Directors, Report}
Regulations 2013 has been omitted.
Objectives and activities
• Policies and objectives
The Trustees are aware of the Charity Commission's general guidance on public benefit and take into account
when they review the aims and objectives of Northfields and District Play Association {Playbarn).
The charity operates the provision of facilities for recreation and other leisure time occupation for children, young
people including those with disabilities who are resident in the Northfields and Humberstone areas of Leicester.
Those children that have need by reason of their youth or social and economic circumstances wth the aim to
improve the conditions of life for such children by promoting their physical, mental and spiritual well being.
Activities for achleving objectives
In furtherance of the objects of the association the Trustees aim to provide. maintain and equip the playground
and building. Affording opportunities for adventure and enterprise. raise money for these purposes, create a
positive play environment, give the community a dired voice on the running of the playground and children's
activities. To encourage a greater understanding and appreciation of young people and to foster interest and
active participation in the use of playgroup and children's activities.
Achievelnents and performance
Review of activities
The Playbam continues to provide a variety of indoor and outdoor activities, helping the children and young
people attending after school to develop lrfe skills, build confidence and create social connections. During the
day support is given to children wrth additional needs, often on a one to one basis. An alternative provision
programme is tailored to meet individual needs to those struggling within mainstream education. Opportunities to
learn cooking 5ki115 are provide¢J in the fully equipped kttchen.
The staff keep up to date wrth all relevant training and also ensure the building and play areas are well
maintained. During the summer of 2023 any unstable structures We￿ removed and replaced with new, using
grant funding. This included a new accessible roundabout with seating making it suitable for individuals with
nivbility issues. In addrf(ion a ZiFFline, outdoor table tenni¥ table, swings and a scesaw were all installed logether
with renewed flooring for additional safety. Interactive games as well as go-karts are also available. Trips
including visits to Dra￿on Manor. Twin Lakes and Laser-force took place. At Christmas the children went to the
Winter Wonderland in Tamworth.
Page 2

Docusigft Envelope ID: D8118CAH742474F-B1F4-B3332A887823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION {PLAYBARN)
(A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
• Going concern
After making appropriate enquiries, the Trustees continue to have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the immediate future. Although thefe was the threat
of a reduced grant for 24-25. this has not taken effect. However, the council have infomied the Playbam that the
grant will be phased out over the next few years. The Playbam has taken steps to prepare a business plan which
provides for an increase in the support provision during the day. The aim of this is to fund any free after school
activities provided. The Business Plan has been presented to the council in order to obtain a 5 year licence on
the building and a new licence has been confimied. The Playbam has also set aside 3 months, worth of
operating costs In the event that Income does not meet expectations. This is to allow for any redundancy and
closing down costs. Further detsils regarding the adoption of the going concem basis can be found in the
Accounting Policies.
• Reserves policy
At 31 March 2024 the charity held £33,587 (2023 - £32,947) of unrestricted funds and £42,611 (2023 - £50,565)
restricted funds.
The committee still considers it prudent to reserve a sufficient amount to cover any outslanding bills and wages
for up to 3 months. The introduction of additional services. such as for excluded children provides additional
income for the Playbarn and means that the resources are used during the day in addition to after school clubs.
• Financial review
The total income during the year amounts to £221,079 (2023 - £214.282) with expenditure of £228,393 (2023 -
£203,317). This amounts to a net deficit of £7,314 (2023- £10,965 surplus).
Structure, govemance and management
• Constitution
The charity is a charitable company limited by guarantee. incorporated on 13 January 2004 and registered as a
charity on 22 March 2004. The charity was established under the Memorandum of Association dated 13 January
2004 amended by a special resolution dated 27 June 2006. In the event of the company being wound up, its
members will be required to contribute an amount which will not exceed £10 each. The principal and registered
office is 480 Gipsy Lane. Leicester, LE5 OTB.
The Trustees who are also directors for the purpose of company law. who served during the year are set OLrt on
page 1.
• Methods of appointment or election of Trustees
The management of thè charity is the responsibility of the Trustees who are elected and COwOPted under the
terms of the Memorandum of Association.
Organisational structure and decision-making policles
The number of Trustees shall be not less than three. but shall not be subject to any maximum. The business of
the charity shall be managed by the Trustees who may exercise all the powers of the Charity.
Page 3

Docusign Envelope ID.. 08118CA54742474F41F4-B3332A887823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
IA company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Statement of Trustees, responsibilities
The Trustees (who are also the directors of the chanty for the purposes of company law) 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).
Company law requires the Trustees to prepare financial statements lor each financial . Under company law, the
Trustees must not approve the finan￿al statements unless they are satisfied that they give a true and fair view of
the state of affairs of the charity and of its incoming resources and application of resources, including its income
and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently,.
obseNe the methods and principles ofthe Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements:
prepare the finanaal statements on the going concem basis unless it is inappropriate to presume that the
harity will continue in business.
The Trustees are responsible for keeping adequate accounting re￿rdS that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Approved by order of the members of the board of TTUStees and signed on their behalf by..
DocuSign•d by..
CPL
2229C 8DA9
opelan
Trustee
477
Date..
19-Dec-24 1 2:16 PM
Page 4

Docusign Envelope ID.. D811 BCA5-6742474F-81F*B3332A887823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION IPLAYBARN)
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent examlner's report to the Trustees of Northfields and District Play Association
(Playbarnl ('the charity.)
I report to the charity Trustees (who are also Directors for the Purpose of company law) on my examination of the
accounts of Northfields and District Play Association (Playbarn) {'the charitable Company,) for the year ended 31
March 2024 which comprise the Statement of Financial Activrties, the Balance Sheet and related notes.
This report is made solely to the charitys Tfustees, as a body, in accordan￿ with section 145 of the Charits'es
Act 2011. My work has been undertaken so that I might state to the chanty's Trustees those matters l am
required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do nol
accept or assume responsibility to anyone other than the chanty and the charity's trustees as a body, for my
work, for this report, or for the opinions I have fomied.
Responsibilities and basis of report
As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act'l.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in resped of my examination of the charity's accounts
carried out under section 145 of the Charities Act 2011 ('the 2011 AcV)- In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5)(b} of the 2011 Act.
An independent examination does not invO￿e gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving their opinion on the financial
stataments. The planning and conduct of an audit goes beyond the limitèd assurance that 2n independent
examination Can provide. Consequently l express no opinion as to whether the financial statements present a
'tfue and fairf wew and my report is limited to those specific matters set out in the independent examiner's
statement.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in resped of the chaiity as required by section 386 of the 2006 Act. or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of sedion 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent examination.. or
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.
Page 5

NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
I have no concems 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.
Signed..
Luke Turner
Dated:
I 202*
FCA FCCA
Magma Audit LLP (Part of the Dains Group
Chartered Accountants
Unit 2
Charnwood Edge Business Park
Syston Road
Leicester
LE7 4UZ
Page 6

Docusign Envelope ID= D811BCA5ffj742474F-B1 F4-B3332A887823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION {PLAYBARN)
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Incomè from".
Donations and legacies
Charitable activities
Other trading activities
2,300
45,571
4,300
2,300
214,479
4,300
12,386
201,371
525
168,908
Total income
52,171
168,908
221.079
214,282
Expenditure on:
Charitable activities
51,531
176,862
228,393
203,317
Total expenditure
51,531
176,862
228,393
203,317
Net movement in funds
17,954)
{7,314)
10,965
Reconciliation of funds:
Total funds brought fopward
Net movement in funds
32,947
50.565
(7,954)
83,512
(7.314)
72,547
10,965
Total funds carried forward
33,587
42,611
76,198
83,512
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 22 form part of these financial statements.
Page 7

Docusign Envelope ID.. D811 BCA5-6742474F-81F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION IPLAYBARN)
(A company limited by guarantee)
REGISTERED NUMBER: 05014282
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Fixed assets
Taiigible assets
10
36,585
39,381
36,585
39,381
Current assets
Debtors
24,046
28,672
18,022
74,972
Cash at bank and in hand
52.718
92,994
Creditors: amounts falling due within one
year
12
(13,105)
(48,863)
Net current assets
39,613
44,131
Total net assets
76,198
83,512
Charity funds
Restricted funds
Unrestricted funds
13
13
42,611
33,587
50,565
32,947
Total funds
76,198
83,512
The Charity was entitled to exemption from audit under section 477 of the Companies Ad 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Do¢￿5￿j￿￿ by..
32229C98DA9F477
J Copeland
Trustee
Date.. 19-Dec-24 1 2:16 FW (3
The notes on pages 9 to 22 fomi part of these financial statements.
Page 8

Docusign Envelope ID.. D811BCAs-6742474F￿1F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
1.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charilies: Statement of Recommended Practice applicable to charities
preparing their account5 in accordance with the Financial Reporting Standard appliGable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102), the Charities Act 2011 & 2022 and the
Companies Act 2006.
Northfields and District Play Association {Playbam) meets the dèfinition of a public benefit Èntity
under FRS 102. Assets and liabilyties are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy.
1.2 Company status
The charity is a company limited by guarantee. The members of the company are the Trustees
named on page 1. In the event of the charity being wound up, the liability in resped of the guarantee
is limited to £1 per member of the charity.
1.3 Going concern
The Trustees assess vthether the use of going concem is appropriate. ie whether there are any
material uncertainties related to events or conditions that may cast significant doubt over the ability of
the charity to continue as a going concern. The Twstees make this assessment in respect of a period
of at least one year from the dale of authorisation for issue of the financial statements and have
concluded that the charity has adequate resources to continue in operational existence for the
foreseeable future and there are no material uncertainties about the chaiity's ability to continue as a
going concem, thus they continue to adopt the going concem basis of accounting in preparing the
financial statements.
Page 9

Docusign Envelope ID." D811 BCAM742474F-81 F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
1.4 Income
All income is recognised On￿ the charity has entitlement to the income, it is probable that the income
will be received and the amount of income receivable can be measured reliably.
For legacies, entrtlement is taken as the earlier of the date on which either: the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
executor{s) to the Trust that a distribution will be made, or when a distribution is received from the
eslate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measured reliably and the charity has been notified of the executors intention to make a distribution.
Where legacies have been notified to the chanty, or the charity is aware of the granting of probate.
and the criteria for income recognrtion have not been met, then the legacy is treated as a contingent
asset and disclosed rf material.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specffjc purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received. the income is accrued.
Donated services or facilities are recognised when the charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from the
use of the charrty of the item is probable and that economic benefit can be measured reliably. In
accordance with the Chanties SORP (FRS 102), general volunteer time is not recognised and refer to
the Trustees. report for more infomiation about their contribution.
On receipt. donated professional services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to obtain
services or facilities of equivalent economic benefit on the open market; a corresponding amount is
then recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gtft Aid or deeds of Covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obliqation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs. including support costs
involved in undertaking each actimty. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activty and support costs which are
not attributable to a single adivity are apportioned between those aclivities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation
charges allocated on the portion of the asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity
and include project management carried out at Headquarters. Governance costs are those incurred
in connection with administration of the charity and compliance with constitutional and statutory
requirements.
Page 10

Docusign Envelope ID: D81 I8CA5-6742474F-81F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN
(A company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies {¢ontinued>
1.5 Expenditure (continued)
Charitable activrties and Govemance costs are costs incurred on the charity's operations. induding
support costs and costs relating to the govemance of the chanty apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £100 or more are capitalised.
A review for impainnent of a fixed asset is carried out rf events or changes in circumstances indicate
that the carying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impaimient
losses are recognised in the Statement of financial activities incorporating income and expenditure
account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment.
Depreciation is provided at rates calculated to write off the cost of fixed assets. less their estimated
rvsidual value, over theii expected useful lives.
Depreciation is provided on the following bases:
Fixtures and fittings
Computer equipment
25•/0 written down value
25% written down value
1.7 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the ¢h2rty,' this 18 normally upon notification of tho intérest paid or payabla by the institution
wilh whom the funds are deposited.
1.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.10 Liabilities and provisions
Liabilities are re￿nised when there is an obligation at the Balance sheet date as a result of a past
event. it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the chanty anticipates rt will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the dixount is recognised in the Statement of financial activities as a finance cost.
Page11

DocLtsign Envelope ID.. 08I1BCA￿742474F-B1F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
1.11 Financial tnstruments
The charty only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
1.12 Pensions
The chanty operates a defined contributson pension scheme and the pension charge represents the
amounts payable by the charity to the fund in respect of the year.
1.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordan￿ wtth specrfic restrictions imposed by
donor5 or which have been raised by the charity for pariicular purpose5. The costs of raising and
administering such funds are charged against the specrfic fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Income from donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
2.300
2,300
12,386
Total 2023
12,386
12,386
Page 12

Docusign Envelope ID.. D8118CA54742474F.B1F*B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable activities
Unrestricted Restricted
fvnds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Grants received
Other income
143,991
24,917
143.991
70,488
148,991
52,380
45,571
45,571
168,908
214,479
201,371
Total 2023
22.241
179.130
201.371
Income from other trading activities
Income from fundraising evonts
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Fundraising
4,300
4,300
525
Total 2023
525
525
Page 13

Docusign Emielope ID.. D811BCA&6742474F-B1F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Anatysls of expenditure by activities
Direct
costs
2024
Support
costs
2024
Total
funds
2024
Total
funds
2023
Charitable activities
176.728
51,664
228.392
203,317
Total 2023
155,408
47,909
203,317
Analysis of direct costs
Total
funds
2024
Total
funds
2023
Staff costs
Materials and activities
160,422
16,306
136,265
19,143
176,728
155,408
Page 14

Docusign Envelope10'. 08118CAM742474F.B1F*B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of support costs
Total
funds
2024
Total
funds
2023
Depreciation
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Tools and equipment
Training
Household and cleaning charges
Sundries
Repairs and renewals
Govemance costs
11.806
178
1,727
6,347
767
397
$80
9.862
209
2,205
3,417
998
2.097
967
752
2,095
2,636
17,046
5,625
795
1,419
20,047
7,601
51,664
47.909
Govemance costs
2024
2023
Accountancy
Bookkeeping charges
2.940
4.661
2,940
2,685
7,601
5,625
Independent examinerfs remuneration
2024
2023
Fees payable to the charitys independent examiner for the independent
examination of the charitys annual accounts
2.940
2,940
Page 15

Docuslgn Envelope IO.. D811BCA&6742474F-B1 F4-83332A8B7823
NORTHFIELDS AND OISTRICT PLAY ASSOCIATION {PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Staff costs
2024
2023
Wages and salaries
Social Security Costs
Contribution to defined contribution pension schemes
154,823
3,692
1,907
132,972
1,698
1,595
160,422
136,265
The average number of persons employed by the charity during the year was as follows..
2024
No.
2023
No.
Employees
11
12
No employee received remuneration amounting to more than £60.000 in either year.
Trustees. remuneration and expenses
During the year, no Twstees received any remuneration or other beneffts (2023 - £NIL).
During the year ended 31 March 2024. no Trustee expenses have been irbcurted (2023 - £NIL).
Page 16

Docusign Envelope ID.. 0811 BCA5-6742474F_B1 F*B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Tangible fixed assets
Flxtures and
fittings
Computer
equipment
Total
Cost or valuation
At 1 April 2023
Additions
58,454
8.760
7,124
250
65,578
9,010
At 31 March 2024
67,214
7,374
74,588
Depreciation
At 1 April 2023
Charge for the year
21,272
11.199
4,925
607
26,197
11,806
At 31 March 2024
32,471
5.532
38,003
Net book value
At 31 March 2024
34,743
1,842
36,585
At 31 March 2023
37,182
2,199
39,381
11.
Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
21,711
896
1,439
16,288
1,734
24.046
18,022
Page 17

Docusign Envelope10.. D811BCA5-6742474F-BIF*B333248B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION {PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. Creditors: Amounts falling due within one year
2024
2023
Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income
3,476
5,583
1,106
2,940
4,420
4,762
1,993
37,688
13,105
48,863
Page 18

Docusign Envelope ID.. D81 IBCAM742474F-BfF4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION {PLAYBARN)
{A company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13. Statement of funds
ststement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expenditure
Unrestricted funds
General funds
32,947
52,171
(51,531)
33,587
Restricted funds
LCC
Disabled Childrens Services
The National Lottery Community Fund
LCC - Feeding grant
Leicester Police
Bailey Will Trust
LCC Kitchen Grant
LCC - community fund
LCC - camp funding
LCC - arcade funding
Percy Bilton Charity
Groundworks UK
The National Lottery Communty Fund
2022123
Percy Bilton - Roundabout
138,991
24.917
(138.991)
(24,917)
6,280
259
5,280
194
(65
(30)
(676)
{2,0411
{2,541)
13,000)
(2381
($41
(147)
7,288
2,705
8,164
10.165
3,000
954
7,258
2,029
6,123
7.624
716
2.164
586
1,623
439
10,000
(2,5291
(1.146
7,471
3,854
5,000
50,565
168,908
(176,862)
42,611
Total of funds
83.512
221,079
(228,393)
76,198
Page 19

Docusign Envelope ID.. D811 BCW742474F-81F4-B3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Statement of funds (continued
Statement of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Income
Expenditure
Unrestricted funds
General funds
23,609
35,152
(25,814)
32,947
Restricted funds
LCC
Disabled child￿nS Services
The National Lottery Community Fund
LCC- Feeding grant
Leicester Polico
Bailey Will Trust
LCC Kitchen Grant
LCC - community fund
LCC- camp funding
LCC - arcade funding
Percy Bilton Charity
Groundworks UK
The National Lollery Communty Fund
2022123
Westem Power - Community Matters
138,991
27,639
(138,991)
(27,639)
5,280
5,280
259
7,288
2,705
8,164
10,165
3,000
954
2,164
588
(87)
(40)
(1.352)
(2,271)
(3,389)
7,328
4.057
10.435
13,554
3,000
1.272
2,885
781
(318)
(721)
(195)
10,000
2,500
10,000
(2,500)
48,938
179.130
(177,503)
50,565
Total of funds
72.547
214.282
(203.317)
83,512
Page 20

Docusign Envelope ID.. 0811 BCAM742474F-B1 F4-83332A887823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Statement of funds (continued)
The Purpose of the Leicester Cty Council (LCC) grant is to provide supeNised recreational facilities and
other supervised leisure time occupations for children and young people aged between 5 and 18 up to 25
if they have a disability-
The Disabled Childrens SeNices funds are to provide recreational facilities and other supervised leisure
occupations for chIld￿n and young adults who have a disabilty.
The National Lottery Community Fund was income received to provide dance and music sessions for
young people. The closing balance relates to funds to be spent in the next financial year.
The LCC feeding grant funds were recetved towards prowding the provision of a food bank to ensure
children receive a meal during the school holidays. The carry forward balance represents the net book
value of £194 of the new blender and microwave capitalised in line with the charivs policies.
The Leicester Police grant funding is part of The Police and Crime Commissioners Prevention Fund. The
funds will offer a youth project for young people to access in the Northfields and surrounding wards. The
cary forward balance represents total unspent funds of £7,170, plus the net book value of £88 of the new
capitalised in line with the charivs policies.
The Bailey Will Trust funds were received towards the cost of converting office space into a kitchen. This
will be used to teach young people to cook. The remaining balance of £2,029 represents the net book
value of the assets.
The LCC kitchen grant was re￿iVed to be used towards the kitchen conversion. The remaining balance
of £6,123 represents the net book value of the assets.
The LCC community fund income was given to provide new play equipment at the Playbarn. The funding
was used to purchase and install a new Zip wire. The remaining balance of £7,624 represent5 the net
book value of the new zip line.
The LCC camp funding was provided to enable the charity to organise a camp tnp. The funds were spent
during the current year.
The LCC arcade funding was received towards the cost of activtties and purchasing a new arcade
machine which is included in fixtures and fittings as tangible assets. all funds were fully spent. The
closing balance represents the net book value of the equipment purchased amounting to £716.
The Percy Bilton Chanty provided funds to the playbarn to provide activities. the charity purchased a slide
with these funds. The Ca￿led fornyard balance represents the net book value of the assets acquired being
£1,623.
The Groundworks UK income was provided towards the cost of an arcade machine. The remaining
balance of £439 represents the net book value of the assets.
The National Lottery Communty Fund income received in the prior year is to be used to replace play
equipment in an open accessible playground. The carry forward balance represents total unspent fijnds
of £6,360, plus the nel book value of £1,112 of the new basketball equipment capitalised in line with the
charitys policies. The Playbam plan to spend the remaining money in 2024125.
During the year, the charity were successful in receiving £5,000 of funding from the Percy Bilton charty
towards the new roundabout in the playground. The money has been spent in full with the balance of
£3,854 representing the net book value of the assets.
Page 21

Docusign Envelope ID.. 0811BCAM742474F-B1FM3332A8B7823
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due wthin one year
12,783
33,910
(13.105)
23,802
18,809
36,585
52,719
{13,105)
Total
33,588
42,611
76,199
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
14,266
67,SH
(48,863)
25,115
25,450
39,381
92,994
{48,863)
Creditors due within one year
Total
32,947
50,565
83,512
15.
Related party transactions
The charty has not entered into any related party transadion during the year, nor are there any
outstanding balances owing be￿een related parties and the charity at 31 March 2024.
Page 22