Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
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 2025

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the charity. its Trustees and advisers
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-22

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
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 Brandrelh
Accountants
Magma Audit LLP (Part of the Dains Group)
Chartered Accountants
Unit 2
Chamwood Edge Business Park
Syston Road
Leicester
LE7 4UZ
Page 1

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together wth the financial statements of the charity for the year 1 April
2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial statements of the
charitable company comply wth 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 prepanng their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the charity qualifies 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 wth 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 with
the aim to improve the conditions of life for such children by promoting their physical, mental and spiritual well
being.
• Activities for achieving 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 direct Vol￿ 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.
Achievements and perfomiance
• Review of activities
The Playbam continues to provide various activities for the children that attend after school. In an effort to
become more self-sufficient they have actively sought wider income streams,. from providing additional support
to excluded children, along with continuing to support children wth additional needs.
During the year, work was carried out on the Outdoor play area which included the installation of trim trail
equipment. Summer trips included Twin Lakes and Laserforce. whilst at Christmas the children were taken to
the local Ice Rink for skating.
Page 2

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
• Going concern
The Trustees have been infom)ed of the wthdrawal of Council funding from April 2026. Following submission of
a Business Plan, a 5-year licence has been granted for the building. The Playbarn has set aside funds to cover
3 months. running costs and any redundancy costs. There are sufficient funds to continue operations through to
the end of March 2026 and every effort is being made to secure additional grants or streams of income for the
ontinuing of the Playbarn. However it wll be closely monitored and stsff have been informed of the situation.
Further details regarding the adopts'on ofthe going concem basis can be found in the Accounting Policies.
• Reserves policy
At 31 March 2025 the charity held £60,073 (2024 - £33,587) of unrestricted funds and £33,349 (2024- £42,611)
restricted funds.
Included wthin restricted funds is a fixed asset reserve of £24,427 consisting of funds which could only be
realised if the assets were sold. The chanb'es available reserves at the year end were therefore £68,995.
The committee considers it prudent to reseNe a sufficient amount to cover wages, overheads and
committments for up to 3 months, in addib'on to costs that may arise in the event of winding up including
redundancy obligations.
• Financial review
The total income during the year amounts to £195,932 (2024 - £221,079) with expenditure of £178.708 (2024 -
£228,393). This amounts to a net surplus of £17,224 {2024- £7,314 deficit).
Structure, govemance and management
• Constitution
The charity is a charitable company limited by guarantee. incorporated on 13 January 2004 and registered as a
harity 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 wll be required to contribute an amount which V￿11 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 out on
page1.
• Methods of appoinlment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Memorandum of Association.
• Organisational structure and decisionwmaking policies
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." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
ststement of Trustees. responsibilities
The Trustees (who are also the directors of the charity 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 for each financial . Under company law, the
Trustees must not approve the financial 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.,
observe the methods and principles of the 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 financial statements on the going concem basis unless it is inappropriate to presume that the
charity will continue in business.
The Trustees are responsible for keeping adequate accounb-ng records 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 wth 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 Trustees and signed on their behaff by:
2229C
DA9F4TT
Jé Yand
ope
Trustee
Date.. 22-Dec-25 | 9..28 AM G
Page 4

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's report to the Trustees of Northfields and District Play Association
(Playbarn) ('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 (Playbam) {Ihe charitable company,) for the year
ended 31 March 2025 which comprise the Statement of Financial Activities, the Balan￿ Sheet and related
notes.
This report is made solely to the charity's Trustees, as a body, in accordance wth section 145 of the Charities
Act 2011. My work has been undertaken so that I might state to the charity's Trustees those matters l am
required to state to them in this report and for no other purpose. To the fullest extent pemiitted by law, I do not
accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my
work, for this report, or forthe opinions I have formed.
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 )Mth the requirements of the Companies Act 2006 ('the 2006 Act,).
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 respect of my examination of the charity's accounts
carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). 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 involve 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
statements. The planning and conduct of an audit goes beyond the limited assuran￿ that an independent
examination can provide. Consequently l express no opinion as to whether the financial statements present a
'true and fair, view and my report is limited to those specific matters set out in the independent examiner's
statement.
Independent examiner's 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 respect of the charity as required by section 386 of the 2006 Act- or
the accounts do not accord ￿￿th those records.. or
the accounts do not comply wth the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and faiff 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

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
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.
Sfvaned by.
E10￿At2$FE4D>
Signed..
Dated.. 22-Dec-25 | 9..29 AM GMT
Luke Tumer
FCA FCCA
Magma Audit LLP {Part of the Dains Group)
Chartered Accountants
Unit 2
Chamwood Edge Business Park
Syston Road
Leicester
LE7 4UZ
Page 6

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
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 2025
Unrestricted
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and legacies
Charitable activities
Other trading activities
375
18,530
7.581
375
187,976
7,581
2,300
214,479
4.300
169,446
Total incom8
26,486
169,446
195,932
221,079
Expenditure on:
Charitable activities
178,708
178,708
228.393
Total expenditure
178,708
178,708
228,393
Net movement in funds
26.486
(9,262)
17,224
(7,3141
Reconciliation of funds:
Total funds brought forward
Net movement in funds
33,587
26.486
42,611
(9,2621
76,198
17,224
83,512
17.3141
Total funds carried f0Th￿rd
60,073
33,349
93,422
76,198
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." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
REGISTERED NUMBER: 05014282
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Tangible assets
10
40,111
36,585
40,111
36,585
Current assets
Debtors
Cash at bank and in hand
30,103
108,700
24,046
28,672
138,803
52,718
Current liabilities
Creditors.. amounts falling due wthin one
year
12
{85,492)
(13,105)
Net current assets
53.311
39,613
Totsl net assets
93,422
76,198
Charity funds
Restricted funds
13
33,349
60,073
42,611
33,587
Unrestricted funds
13
Total funds
93,422
76,198
The charity was entitled to exemption from audit under section 477 of the Companies Act 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 aCknO￿edge 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 v￿th 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..
S*ned
32229C98DA9F477...
J Copeland
Trustee
Date.. 22-Dec-25 | 9.28 AM GMT
The notes on pages 9 to 22 fomi part of these financial statements.
Page 8

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance the Charities SORP (FRS 102) -
Accounting and Reporting by Charities= 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) (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 definition of a public benefit entity
under FRS 102. Assets and liabilities are inttially recognised at historical cost or transaction value
unless otherwise ststed 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 V￿Und up, the liability in respect of the guarantee
is limited to £1 per member of the charity.
1.3 Going concem
The Trustees assess whether 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 Trustees make this assessment in respect of a
period of at least one year from the date of authorisation for issue of the financial statements and
have concluded that the charity has adequate reSoUr￿S to continue in operational existence for this
period, thus the financial statements have been prepared on a going concern basis.
Post year end the charity has been notified that their main grant from Leicester City Council will be
ceasing on 31 March 2026. The Trustees have therefore reviewed the charity s activities, scaling
operations to match confirmed resources for 2026127. As part of this review, the Trustees
acknowledge that staff redundancies may be considered where ne￿ssary, and funds have been set
aside to meet any such potential costs. The charity is implementing plans to increase fundraising
and generate additional invoiced support income in line with its business plan.
Cash-flow forecasts prepared for at least 12 months from the date of approval of these financial
statements indicate that. if these actions are met, the charity can meet its obligations as they fall
due. While the loss of the primary income stream creates future uncertainty, the Trustees are
monitoring the position closely and consider that the going concem basis remains appropriate.
Page 9

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies Icontinued)
1.4 Income
All income is recognised once the charity has entitlement to the income, it is probable that the
income will be received and the amount of income r￿1Vable can be measured reliably.
For legacies, entitlement is taken as the earfier 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
estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measured reliably and the chanty has been notified of the executor's intention to make a distribution.
Where legacies have been notified to the charity, or the charity is aware of the granting of probate,
and the criteria for income recognition have not been met, then the legacy is treated as a contingent
asset and disclosed if material.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balan￿ 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 seNices or facilities are recognised 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 charity of the item is probable and that economic benefit can be measured reliably. In
accordance with the Charities SORP (FRS 102), general volunteer time is not recognised and refer
to the Trustees, report for more InfO￿atIOn 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 wlling 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 Gift Aid or deeds of covenant is
recognised at the time ofthe 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 On￿ there is a legal or constructive obligation to transfer economic
benefit to a third paty. 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 activity. Direct costs attributable to a single
activity are allocated directly to that activty- Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consistent 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 Ca￿led out at Headquarters. Governan￿ costs are those incurred
in connection with administration of the charity and compliance viith constitutional and statutory
requirements.
Page 10

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies Icontinued)
1.5 Expenditure Icontinued
Charitable activities and Govemance costs are costs incurred on the charity's operations, including
support costs and costs relating to the governan￿ of the charity apportioned to charitable activities.
All expenditure is indusive of I￿eCoVerable VAT.
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £100 or more are capitalised.
A review for impaimient of a fixed asset is carried out if events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls be￿een the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
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 vrrite off the cost of fixed assets, less their estimated
residual value, over their expected usefvl lives.
Depreciation is provided on the foll0v￿ng bases..
Fixtures and fittings
Computer equipment
25% vrritten down value
- 25% Nwtten doym value
1.7 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity- this is normally upon notification of the interest paid or payable by the
institution with 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 indudes cash and short-term highly liquid investments wth a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Page11

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies Icontinued)
1.10 Liabilities and provisions
Liabilities are recognised 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 V￿11 be required in settlement, and the
amount of the setUement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it wll pay to settle the debt or the
amount it has received as adVan￿d 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 discount is recognised in the Statement of financial activities as a finance cost.
1.11 Financial instruments
The charity 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 wth the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
1.12 Pensions
The charity operates a defined contn'bution 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 ￿lch are available for use at the discretion of the Trustees in
fvrtherance 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 accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Donations
375
375
2,300
Total 2024
2,300
2,300
Page 12

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activities
Unrestricted
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Grants received
Other income
138,991
30,455
138,991
48,985
143,991
70.488
18.530
18.530
169,446
187,976
214,479
Total 2024
45,571
168,908
214,479
Income from other trading activities
Income from fundraising events
Unrestricted
fvnds
2025
Total
funds
2025
Total
funds
2024
Fundraising
7,581
7,581
4,300
Total 2024
4,300
4.300
Page 13

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities
Direct
costs
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Charitable activities
138.933
39,775
178,708
228,393
Total 2024
176.728
51,665
228,393
Analysis of direct costs
Totsl
funds
2025
Total
funds
2024
Staff costs
Materials and activities
129,605
9,328
160,422
16,306
138,933
176,728
Page 14

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities (continued)
Analysis of support costs
Total
funds
2025
Total
funds
2024
Depreciation
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Tools and equipment
Training
Household and cleaning charges
Sundries
Repairs and renewals
Bad debts
9,648
213
2,367
6,633
619
(326)
445
11,806
178
1,727
6,347
767
397
580
631
379
795
3,485
4,805
3,259
7,617
1,420
20,047
Governance costs
7.601
39,775
51,665
Govemance costs
2025
2024
Accountancy
Bookkeeping charges
3,360
3,963
2,940
4,661
7,323
7,601
Independent examinerfs remuneration
2025
2024
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts
3,360
2,940
Page 15

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
staff costs
2025
2024
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
124,809
3,199
1,597
154,823
3,692
1,907
129,605
160,422
The average number of persons employed by the charity during the year was as follows..
2025
2024
Employees
No employee received remuneration amounting to more than £60.000 in either year.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
Page 16

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Tangible fixed assets
Fixtures and
fittings
Computer
equipment
Total
Cost or valuation
At 1 April 2024
Additions
67,214
13,174
7,374
74,588
13,174
At 31 March 2025
80,388
7.374
87,762
Depreciation
At 1 April 2024
Charge for the year
32,471
9,188
5,532
460
38,003
9,648
At 31 March 2025
41,659
5,992
47,651
Net book value
At 31 March 2025
38,729
1,382
40,111
At 31 March 2024
34,743
1,842
36,585
11.
Debtors
2025
2024
Trade debtors
28,290
309
21,711
896
Other debtors
Prepayments and accrued income
1,504
1,439
30,103
24,046
Page 17

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12.
Creditors: Amounts falling due within one year
2025
2024
Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income
1,620
2,001
329
3,476
5,583
1,106
2,940
81,542
85,492
13,105
Page 18

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. statement of funds
ststement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Income Expenditure
Unrestricted funds
General funds
33,587
26,486
60,073
Restricted funds
LCC
Disabled Childrens Servi￿5
The National Lottery Community Fund
LCC- Feeding grant
Leicester Police
138,991
30.455
1134,3941
130,455
1552
1481
17,192
1507
11,531
11,906
1179
1406
1110
4,597
5,280
194
7,258
2,029
6,123
7,624
716
1,623
439
4,728
146
66
Bailey Will Trust
LCC Kitchen Grant
LCC - community fund
LCC- arcade funding
Percy Bilton Charity
Groundworks UK
The National Lottery Community Fund
2022123
1,522
4,592
5,718
537
1,217
329
7,471
3,854
1464
19641
7,007
2,890
Percy Bilton - Roundabout
42,611
169,446
(178,708)
33,349
Total of funds
76,198
195,932
1178,708
93,422
Page 19

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. statement of funds {continued)
ststement of funds - prior year
Balance at
31 March
2024
Balan￿ at
1 April 2023
Income Expenditure
Unrestricted funds
General funds
32.947
52,171
151.5311
33,587
Restricted funds
LCC
Disabled Childrens Services
The National Lottery Community Fund
LCC- Feeding grant
Leicester Police
138,991
24,917
(138,9911
(24,917)
5.280
259
7,288
2.705
8.164
10,165
3.000
954
2,164
586
5,280
194
7,258
2,029
6,123
7,624
1651
(30)
1676)
12,0411
(2,541)
(3,000)
(238)
(541)
11471
Bailey Will Trust
LCC Kitchen Grant
LCC - community fund
LCC- camp funding
LCC- arcade fvnding
Percy Bilton Charity
Groundworks UK
The National Lottery Community Fund
2022123
716
1,623
439
10.000
(2,5291
11,1461
7,471
3,854
Percy Bilton - Roundabout
5,000
50.565
168,908
(176,8621
42,611
Total of funds
83,512
221,079
(228,393)
76,198
Page 20

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. statement of funds {continued)
The purpose of the Leicester City Council (LCC) grant is to provide supervised recreational facilities and
other supeNised leisure time occupations for children and young people aged be￿een 5 and 18 up to
25 if they have a disability.
The Disabled Childrens Services ￿ndS are to provide recreational facilities and other supervised leisure
occupations for children and young adults who have a disability.
The National Lottery Communty Fund was income received to provide dance and music sessions for
young people. Of the closing balance, £4,325 relates to funds to be spent in the next financial year and
£403 represents the net book value of computer equipment capitalised in line with the charity's policies.
The LCC feeding grant funds were received towards providing the provision of a food bank to ensure
hildren receive a meal during the school holidays. The cary forward balance represents the net book
value of £146 of the new blender and microwave capitalised in line wth the charity's policies.
The Leicester Police grant funding is part of The Police and Crime Commissioners Prevention Fund.
The funds wll offer a youth project for young people to ac￿SS in Northfields and the surrounding area.
The carry forward balance represents the net book value of £66 of the TV capitalised in line wth the
charity's policies.
The Bailey Will Trust funds were received towards the cost of converting office space into a kitchen. This
11 be used to teach young people to cook. The remaining balance of £1,522 represents the net book
value of the assets.
The LCC kitchen grant was received to be used towards the kitchen conversion. The remaining balance
of £4,592 represents the net book value of the assets.
The LCC community fund income was given to provide new play equipment at the Playbam. The funding
was used to purchase and instsll a new zip wire. The remaining balance of £5,718 represents the net
book value of the zip line.
The LCC arcade fvnding was received towards the cost of activities and purchasing a new arcade
machine which is included in fixtures and fittings as tangible assets, all funds were fully spent. The
losing balance represents the net book value of the equipment purchased amounting to £537.
The Percy Bilton Charty provided funds to the Playbam to provide play acessible play equipment. The
charity purchased a slide and roundabout with these funds. The carried fomard balance represents the
net book value of the assets acquired being £4.107.
The Groundworks UK income was provided towards the cost of an arcade machine. The remaining
balance of £329 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 the net book value
of £7,007 of the new basketball equipment and trim trail capitalised in line with the charity's policies.
Page 21

Docusign Envelope ID." 888E77CC-8A8tH258-90D6-32FD2AA60A58
NORTHFIELDS AND DISTRICT PLAY ASSOCIATION (PLAYBARN)
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14.
Analysis of net assets between funds
Analysis of net assets between fvnds - current year
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Tangible fixed assets
Current assets
15,684
51,699
(7,310)
24,427
87,104
178.1821
40,111
138,803
185,492
Creditors due wthin one year
Total
60,073
33,349
93,422
Analysis of net assets bell￿n funds - prior year
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
12,784
33,908
(13,105)
23.801
18,810
36.585
52,718
(13,1051
Creditors due within one year
Total
33,587
42,611
76,198
15.
Related party transactions
The charity has not entered into any related paty transaction during the year, nor are there any
outstanding balances owing be￿een related parties and the charity at 31 March 2025.
Page 22