Ch•rfty rffjlitraiign numbar Illi C￿￿anY wlllrallon number 05446827 {Eryhnd and w￿￿1 BRAUNSTONE ADVENTURE PLAYGROUND ANNUAL REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BRAUNSTONE ADVENTURE PLAYGROUND LEGAL AND ADMINISTrATIVE INFORMATION A Dunn DJ Rushln S M Taylor C B Thomson S•cratary BL thlrlty nurnbor IIILb)46 Comyry numb•r 05446827 Prfnclpal •ddre Braun5ton• A P 8 Cort Cr85cent Lelcester Lelcestershlre LE3 IQZ Braunstone A P 8 Cort Crescent Lelcester Lelcestershire LE3 IQZ Ind•pMdffit examlnar Thornas Mayneld BA FCA Mayneld & Co IAccountsrrt5) Ltd 2 Meru5 Court Mwldl•n Buslness Park Lelc•5tsr LE￿1 BRAUNsfoNE ADVENTURE PLAYGROUND CONTEKrs Trustee5 rnport Independent eximln•ffs rnport stst•m•nt of flnandal artlvttles B•lance sheet Notei to tha flnandil statom•nts 8-17 BRAUNSTONE ADVENTURE PLAYGROUND TRUSTEES REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present thelr annual report and flnandal statements for the year ended 31 Marth 2024. The flnanclal statements have been prepared In accordan￿ wth the accountlni pollcles set out In note I to the finandil stst•rn•nts and comply wlth the charfty's 8ownln8 dooJmenL the Companles Art 2C¥)6 and "Accountlng and Repprtinq by CharItI￿ Ststement of Recommended Practlce appllcable to charities preparing thelr iccounts In accordance wlth the Flnanclal Reportlng Stsndard appllcable In the UK and Republic of Ireland (FRS 102}" (as arnended for accountlng perlods commencln8 from l January 20161 Obl•ctlv•s and actl¥ftl8s The charfty Is constlbjted a5 a company Ilmited by Iuarnnteq, number 05446827, and Is therefore lo￿rned by memornndum and artlcles of assoclation. The charws objert and tts prlncipal activlty contlnue5 to be that of the provlslon of facilities and services for the r•crthitlon and other lelsure tlme occupation for chlldren and young people resldent in the North Brnunstone. South Br•unstone •nd Rowlty Flelds areas of Leicester (Jty, for whlch they have need by re150n of thelr youth or sodal and econ￿lIC clrcurnstances and which will Improve the condltions of life for suth childr•n by prDmotln8 tholr physlcal. mental and emotbnal ￿l￿beIng. Our pollcy to￿ld ath1w1￿ the above continues tc be th• cp•ratlon of • purpOse4￿11t Adventure Play8round whTch conslsts of a walled self-bulld struthres arei of swln85• pl•tft¥rm$. nets ind zlp wlre. a sports area. a paddllns pool and a bulldln8 con5iAlni of offlce, toilety kItChe￿ 8•rn￿ h•ll, dince ro¢)m. art room and TV room. It was nlce to be back Imlde after last couple of yea The trustees meet a r4ular bisls to minaBe tho c￿rItIeS affalr5. The charlty currendy empbys a full4lme manager and 5 part tlme stsff, one of whlch we •r• In the flnal year of a >￿arfly￿d term contract funded by the BBC Chlldren In Need. The trustee5 have pald due regard to 8uld•nce 155ued by the Charlty Commlsslon In decldlng what actlvltles the tharfty should undertakA. A¢tlvltlesth15 The Adventure Play4round continues to operate far 46 week5 of the year. d031n8 5 weeks per year for staff holldays and fvrther week for cleanlng and repalr Mjrk Durln8 tsmi tlme the plmround opens from 3:30 pm to 7.IXI pm Monday to Frfday inclu51¥ely. I￿rfn6 Half Termi Jnd the school summer holldays the play8round opens from 12 noon to 4.Ixipm Monday to Frtdw We had a steady stream of chlldrnn throushovt the year. We had a Ward Grnntfor the Kln8s Coronatlon whith was wIx￿erfUl. We were 1150 lucky to be succusful In obtalnln8 a Ward Grnnt for Easter. In addltlon to d**t(￿l¥ actlvltles the playground hosts a serfes of spedal eveThts throuknout the year. Our maln one th1$ r was Summw Pl•yJcheme w• had Uon Learners In. The Great Adamos. As thls was the annK*rs•ry of Mlke Keerfs pass1￿ we comrnisslon•d an artlst to do a portralt of Mlke. Thls year ended on a very sad note as we ha¥e been Infern)ed by LCC that they wlll no lonyr be fundlnB us after March 2025. Publk b•nth The charlty provlde$ a publlc benefit by provldln8 recreational facilitie5 free of charp to w>uni chlldren In the l(Kal area. Thls allows for thlldren and Y(￿nI people to meet and interdct with other chlldren and to play In a free and Mfe ernilronment under the SVTnpathetlc supervlslon of trdined staff. BRAUNSTONE ADVEKfuRE PLAYGROUND TRUSTEES REpoKr IcoKnNUEDI(INCWDING DIRECTORS, REPORn FOR THE YEAR ENDED 31 MARCH 2024 Athl•v•m•nts •nd p•rforrnan Futur• d•v•loprn•nts We are now looklns at movln8 the Play8round fonmard and hopln8 to start resumlng trfps. Buduet Is very tlght due to the Increase In •v•Th￿•V costs but we •pplyln8 for grants and hopefully wlth the LCC 8rnTht that wlll enable us to move forward. Pl•ns for th• FU￿ra We •r• on a year-b*year contract at present wlth LCC and It15 Stlll very Un￿rtaIn what wlll happen after thaL kxrt ￿ are contlnulng to work hard and do whatever we can to secure thls fa¢iifty for pneratlrjns to Come. We are hopln8 to be a part of Playlalr becomlnl CIO ￿1th wlll open a lot more doors for us. Ananthl re4lew The statem•nt of flnantlal actlvftles shows a total Income of £130.887 and expenditure of £151J3& Thls provld•s a defidt for the year of £20.fA9 added to the brought forward re5erve5 of £3L369 and the charlty carrle$ forvArd rnserves of £10,720. These funds are spltt between the unrestrlcted funds, and restrlrted funds- see statement of flnanclal acthltles on paqe 6. We wlll oulllne the funds held and how they w]11 be ut1115ed plni fonY4rd. R•#rlrtad Funds The trustees have taken the vlww that mst forms of grant income received over the last 12 months to be Re5trlcted Income In Ilne wlth ft5 ongolrq approach tthvard$ Income generation and the services it pmide$. We had restrlcted Income for the year of £125,782 and expenditure of £126• and so report an cveRII defi¢lt on our rÈstrfcted funds of £1,102. Thfs Is because of timin8 dMleren¢es between the recdpt of Income and it5 expense. The maln fvndlng wthln our Restricted funds comes from Irants of £116.978 from Lelcester Clty Councll to run its play8round actlvltles throughout the and the Summer Playstheme. The 8rant was fully spent and we ￿rry ￿l￿drd balance of £nll on thts scheme whlch Is In Ilne wlth our expectatknns. Wè 4)ent the resldue left of the Chlldren In Need 8rant of £1,818 with this scheme now at an end. In addltlon to thls Income there was an addltlonal 8rnnt provided of £895 from Easter bvard Grants of which we spent £ITJ of th1$ 8Ant and so there remaln$ an unspent amount of £716 at the year-end. An addftlonal 8Ant was recelved of £500 from Kln85 Coronatlon whlch wa$ fulty spent. Therefore ￿ have tolal restrlcted fund$ carrled forward of £71& Unrethlcted Fundi W• had total unrejtrkthd Income of £5.105 and totsl unrn5trfcted expendlture of £24,652 ind $0 report in overall deficlt on our unrestrlrted funds of £19.547. Durlng the year the tharlty undertook some fvrKlralslnz and generted an addltlonal £4,745 of Income towards overall costs. Thls came from Lelcester Clty Councll grnnts of £4745. There was bank Interest recelved In the year of £360. Therefore we have totsl unrestrkied funds orrled forward of £IO,LM)4. BRAUNSTONE ADVENTURE PLAYGROUND TRUSTEES REPORT ICONTINUED)(INCLUDING DIRECTORS, REPORn FOR THE YEAR ENDED 31 MARCH 2024 It Is the polky of the tharity that unrestrlcted funds whlth hMI not been de51gnated for a specfflc use should be malntalned at a level equlvalent to between three and slx months of nomial ffApendlture. The trustees estlmate normal on8oln8 annual costs to be between £l(KI,000 ind £130OLKI peri*ar. The charlty had doslni reserves (rf £10,720 •5 at the 31 March 2024, down fram £31.369. Of these reserves £IOm4 were unrestrlrted fund5 and £716 ￿re rnstrlcted fund& Therefore, the trust•M bell•v• the ch•rtty Is In a posltlon tc• deal wlth any flnancin8 problems. The trustee5 estlmate that reserves at a level of b•twe•n E30,I>XI and £EO,(YID would ensure that. In the e*nt of a gnlfiont drop in fundln& they would be able to contlnue th'• charws current actlvltles whlle conslderatlon Is glven to In whlch additlpnal fiinds may be rdisod. It Is d851rable for the charlty to malntaln thls level of reserves and at the hl8her end of th95• parameters wh•r• PDsslble. However due to the nature of th• fundlng •nd ecorK>mk clrcvmstsnces the chartty Is not qulte It the Opllrnum poslllon. lknrall the trustees are content wfth the le%*1 of res•rv•s at the ￿arry•nd although wlshed they had 8reater assets it Its dlsposal. However, becaus• of the nature of fundlng It 1$ not posslble to bulld up the le￿1 of reserves that the charlty would conslderto be more deslrable in the5• onBoln8 tlmes of uncertalnty. The trustees have assessed the major rlsks to whlch the chartty Is expased and are satlsfled that systems are In plK¢ to mld8ate exposure to the major r15k Striicttir•• p4Yrngnc• and m*n•ym•nt The ¢harlty is eonstftuted as a eornpiny Ilmlt•d by Buarantee, number 05446827, and Is therefore 8ty￿rned by a memordndum and artfcles of assccl•tlon. The tru5tses. who are also the directors for the purpo* of company lav4 and who $•N•d durfng th• ye•r and up to the date of SI￿4ture of the flnI￿la1 stit•m•nts ￿re. A Dunn DJ Rushln S M Trylor C B Thom50n BRAUNsfoNE ADVENTURE PLAYGROUND TRusfEES REPORT (CONTINUED)(INCWDIN6 DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The tri*ees appolnt a mana8ement commlttee to run the chirlty on a weekly bas1& The trustees oversee the manalement commlttee to reviffiv Its operatlons on a regular basis, The m•ni8ement commltt•• Is mad• up of: A Dunn (Chalrpersonl C Thomson IVlce.Chalrl B Uoyd ISKretsryl S Taylor ITreasur•r) DJ Rushln L Sh•w D &rton L Whlte Thankiwu to all the Staff and voluntsers once ayln fijrthelr outrtandlng contrTbutlon. Nane of the trustees has any benefidal Intsre5t In the compny. All of th• truste•s arn members of the company and euarnntee to contrfbirte £1 in the event of a ￿1ndIn9 up. The triistaes r•port was approved by the Board of Trustees. Trustee Dated: 7 Octobw 2024 BRAUNSTONE ADVENTURE PLAYGROUND INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF BRAUNSTONE ADVENTURE PLAYGROUND I report tr• the truste￿ on my examlnatlon of the flnanclal statements of Brdunstone Advanture Playgr¢)und {th• charlty) for the year ended 31 March 2024. RUpon￿bIlltkn Ind b•* ofrewt As the trust•es of the ¢harlty (and al￿ Tts directors for the pun￿Se$ of Lvmyry l•w) you are responslble for the preparatlon of the flnanclal statement$ In accordance with the requlrements of the Compinles P£t 2(K16 (the 2006Act). H•vln8 satlsfied myself that the firAnclal statements of th• ch•rlty arn not requlred to be audlted under Part 16 of the 2LI)6 Act and are ell8lble for Independent examlnation, I report In respect of my eyamlnatlon of the charlty's flnanclal statsments carrfed out under sectlon 145 of the Charlties Act 2011 (the 2011 Act). In carrylng out my examlnatlon I have followed all the appllcable Dlrtrtlons glven bythe Charlty Comml551on under secllon 1451S}(b) of the 2011 Act. IndO￿ndort a4mlMr'g *al•m•rt I have Completed my examlnatlon. I confirni that no matters have come to my attentlon In connectlon wlth the eumln*lon 81vlni me cause to belleve th•t In any materfal respect: account1￿ record5 were not knpt In respect of the charlty as requlred ty section 386 of the 2006 Ack. or the flnandal statsrnents do not accord wlth those record5: or the flnandil st4t•ments do not compty wfth tt* ac¢ountln8 requlrements of sectlon 396 of the 2CM)6 Act other than any requlrement that the account$ 8hR 3 true and falr vlew whith ts not a matter C¢￿51dered as p•rt of an Independent minatlon. or the fin•ncl•l statements have not been prepared In accordance wFth the methods •nd prfnclples of the Statement of Recommended Prnctlce for accountln8 and reportln8 by chafftles applioble to charltles preparfn8 thelr accounts In accordjnce wlth the Flnanclal RepLYtln8 Standard appllcable In the UK arKI Republlc of Ireland IFRS 102). I hm no concerns and have come acr055 no other matters in connectlon wlth the examln•tlon to whlch attentlon should be dr•wn In thb report In order to enable a proper understandlng of th• flnanclal statements to be reathed. Thomas M￿fi￿d U FCA Mayneld & Co Ikcountsnts) Ltd 2 Meru5Court Merldièn Buslne5s Park Lelcestqr LE19 IRI Dated: 7 October 20Z4 BRAUNSfoNE ADVENTURE PLAYGROUND STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Total UnrgStrf¢t•d Rertrf¢t•d funds funds 2023 2023 fundi 20 funds Incon￿ from: Donations and le8ades Other trading actlvltles In￿stments 4,745 125,782 130,527 3J50 280 139,346 142.696 360 360 125.782 0,887 139J46 1431114 Exp•ndlture on: Charltsble actMtle5 24652 12& 19.912 141677 i￿589 Total ry•ndltsire 24.652 126 151.536 19J12 141677 161589 N•t expendltur• •nd mavmnt In funds I￿,547) IL102) 120,649) I￿,244) 13,3311 (19￿75} Recon¢lllatlon of fund Fund balances at l Aprll 2023 29.551 £818 31369 45,795 5,149 Fund b•1•￿￿ at 31 M•ffh 2024 io,rx 716 10,720 29,551 1I18 3L369 The statement of flnancial actlvltles Includes Jll ylns and losses recoEnlsed In the year. All Income and expendlture derive frorn contlnuln8 artivities. BRAUNsfoNE ADVENTURE PLAYGROUND BALANCE SHEET ASAT31 MARCH 2024 2024 Cash at bank and In hand 13,801 75.750 Crqdltor•: •mountsf•lllry du• wlthln one yew 13.LBII 14438¥ N•t ¢urr•nt •Mats .no 31J Nat •M•ts •rIudI￿ p￿￿On Il•bllty 10,720 31.369 Th• lunth ofthe ¢h•rlty Restrkted Income funds Unreslrlrted funds 716 ,004 1818 29,551 10.720 3L369 The company Is entltled to the eykmptlon from the audit requlrnmont contslned In sectlon 477 of the Cornp•nl•s Act 2006, for the year ended 31 March 2024. The dlrectoTr acknowledffe thelr responslbllities for cornplylni wlth the requirement5 of th• Compinle5 Act 2(KJ6 wtth respert to accountln8 records and the preparatk)n of flnandal statements. Th• member5 have not requlred the compary to obtain an audft of Its flnanclal ststements for the y•ar In questlon In I￿ordanCe wlth sertlon 476. These flnancill ststem•nts have been prepared In accordance wlth the provlslom applicable to compinles subject to the small companles re8im•. The tlnancial statements ￿re apprmd by the trurtees on 7 Octob•r 2024 S M Taylor Comp4ny re8lstrntlon number 054468271England and Walesl BRAUNsfoNE ADVENTURE PLAYGROUND NufES TO THE FINANCIAL STATEMEKrs FOR IIIE YEAR ENDED 31 MARCH 2024 £wuntkn8 poNcl•s Chrlty Irforni￿lI Braunstone Athen￿re Playground Is a prl¥ate company Ilmlted by guarantee Incorporated In Ensland and Wales. The r4lstsred offic•15 Braunstone A P. B Cort Crescen¢ Lelce5ter, LelCe5tershl￿ LE3 IOZ The flnJnclal statements have been prep•red In accordance with the charitvs ypnrnlng documenL th• Comp•nl•s Act 2(M)6 and-ArMunUn8 and Reportln8 by Charltles: Ststement of Recommended Prattice appllcable to thirftlos preparlnB thelr accounts In accordance wfth the Flnanclal Aepprtln8 Standard appllcable In the UK and Republlc of Ireland IFRS 102r (as •merKled for accountln8 perlods commenclnB from l January 2016). The tharity 15 a Publlc Benefit Entity as defined by FRS 102. The ¢harlty has tsken a(fvanta8e of the pr￿lS1on8 In the SORP for tharities •pptyln8 FRS 102 Update 8ulletln I not to prepare a Statement of Cash Flo The flnandal statements are prepared In sterlln& whlth Is the funclioml currency of the ch•rlty. Monetsry amounts In these flnanclal statements are rounded to the nearnst £. The ftnandal ststements have been prepared under the hlst<>rlcal cost con4*ntion, lmodmed to Include the revaluatlon of freehold propert￿$ and to Indude Invertment propertles and certain flnindal Instruments at falr wlue]. The prfndpal accountln8 polldes adopted are set out belo l.Z Golry ¢on¢ern At the tlme of approv1￿ the flnanclal statements the trustees have a rel￿ble exp•¢t•tlon that the charfty has adequate resources to contlnue In operatlonal exl¥(ence for the foreseeable future. Thus the trustses contlnue to adopt the goln8 concern ba515 of accounllni In preparfni the financial staternents. la Chrftabl• funds Uniestrlcted funds are wdilable for use at the discretlon of th• trust8•5 In furtherance of thelr charttsble objectlves. Restrl¢ted funth are subject to Specific ccndltlons by donors or grantors as to how they may be used. The purposes and uses of the restrirted funds are set out In the rKJtss to the flnandal statements. Endowment fvnds arn subject to speclflc condltlons by donors that the ¢?pltal must be malntalned tythe charity. L4 Incoma Income is reco8nlsod when the chartty 1$ le8alty entltled to It after any performance condltlons been meL the amounts Lan be measured rellabty. and It Is probable that Income wlll be re¢elved. Cash danitlons are reco8nlsed on reolpt. Other donatlons are recosnlsed once the charlty has been notified of the donit10￿ unless performance condltlons requlre deferral of the amount. Income tax recoverable In rEl*lon to dan•tlons rncelved underGTft Ald or deeds of coVe￿nt Is reco8nlsed at the time of the donatlon. Le8acles are re¢rqnlsed on recelpt or otherwlse If the dwrlty has been notlfled of an Impendln8 d15trfbUtlo￿ the mount Is know￿ and recelpt Is expected. If the amount is not known, the lepcy Is treatsd as a contirynt asseL BRAUNSTONE ADVENTURE PLAYGROUND NOTES TO THE FINANCIAL STATEMEKrs (coKnNUED) FOR THE YEAR ENDED 31 MARCH 2024 Actountlw polld•J IContlnu•d) IJ Exp•ndltUM Expendlture b reco8nlsed once there Is a lerdl or L¥Jn$tructlw obllptlon to transfer economlc beneflt to a thlrd party. It Is probable that a tranrfer of e￿n0m￿ beneffts wlll be requlred In settlem•nl •nd the •mount of the obllqatlon Can be measured reliabty. Expendlture Is da5sIAed by artivity. The costs of eath actlvlty •rn made up of the totsl of dlrect costs and shared costs, Indudin8 SUPPQrt wsts invol¥ed In undertakin8 each •ctlvlty, Dlr•ct costs attrlbutsble to a sln8le attlvlty are allocated dlrectly to that artmty. Shared costs vknlch contrlbute to morn than one a¢tlth and support Costs whlch are not attrlbutable to a sln8le actlvty are apportioned b•tw••n those actmtles on a b¥ls conslstert wlth the use of resources. Central staff costs are allocated the ba515 of tlme spen¢ and depredatlon char8e$ are allothited on the portlon of the asset's use. Expendlture Is reco8nised on an accruals basls as a Ilablllty Is Incurred. Expendfture Includes VAT whlth cannot be IA Cmh and ash •quhl•nts Cash and cash equlvalents Include cash In hand. deposlts held at call wlth bank5, Ot￿r 5hort-term Ilquld In%thents wtth orf8inal maturltles of three morth5 or less. and bank owrdrafts. Bank overdrafts are shown wlthin borrowirqs current liabllltl•s. Bas1¢ flnanclal a$set% which Indude debtors ind cash Ind bank balances, are Inttlally measured at transartlon prke In¢ludln8 transartlon costs and are subsequently carrled at amortlsed cost usln8 the effectfve Interest method unles$ the arTan8ement constltutes a flnancln8 traThs•ctlon. where the transactlon Is measured at the present value of the ftrture re¢elpts d15counted at a market rate of Irrt•r•sL Flnanclal assets dassllled a$ recelvable wfthln one year are not amortlsed. Bask flnanelal Ilabllltles. Indudln8 credltor5 and bank loans are Inlthlly recognlsed at transactlon prlce unless the arran8ement con5tltutes a flnancing transactton. where thq dobt Instrument is measured at th• present value of the future payments dlscounted at a markn rate of interesL Flnandal Ilabllltles classlfied as payable wlthln one year are not Jmortlsed. Debt Instruments are subsequently carrfed at amortlsed cosL uslryg the effEctlve InterBst r•te method. Trade credltors are obll8athns to pay for 8oods •x servlces that have been acqulr•d In th• £nll). 10 Ernplayws The aver•y m¢irthly number ot ernpl0￿ durln8 th• year was: 2014 Nwnb•r Numb•r Dlrett Ser¥lce Workers Admlntstratlon and Support 13- 8RAUNsfoNE ADVEKfuRE PLAYGROUND NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employmj (Contknwdl Emplaym•nt coAts W4e$ and salarl•s Soclal s￿rIty rorts Other penslon costs 76,181 8.760 3.017 95A35 13M7 3,477 87,958 111999 There were no employees whose annual remunerntlon wis rmrn than £60.CAX>. R•mun•rntlon of kny m•n•8•mwrt p•rMnn•l The remuneratlon of kay Mar￿ement personnel was as follows: 2024 reme compengatlon 38.120 37,314 The charlty'$ ictlvltles fall wfthln the wmptlons afforded by the provlslons of the Income and Corporatlon Tax•s Act 1988. Accordln&y. there Is no tamknn charge In these accounts. 12 Credltors: Imp￿ fallry due vAthln OM y•ar 2024 Other Creditors Accruals ind deferr•d Income 41,981 1400 3.081 44,381 13 Rallrem•rt b•n4fit Kharn Deffmd uMtrf￿t1Qfi Kh•m Charge to profft or10ss in r•spect of defined contributlon 5ch•mes 3.017 3ATI The charlty operates a defined contrlbutlon penslon scheme for •ll quallfylng employees. The a55ets of the scheme are held s•paratelyfrom those of the ch•rlty In an Independently admlntst•r•d fund. 14- BRAUNSTONE ADVENTURE PLAYGROUND NOTES TO THE FINANCIAL sfATEMEKfs (CONTINUED) FOR TME YEAR ENDED 31 MARCH 2024 The restrlrted funds of th• tharlty comprlse the unwnd•d balances of donatlons and irairts h•ld on trust subjert to spedflc condltions by donors as trj how they may be used. At l Aprfl 2021 Inc4m• Exp•ndlthrn At 31 2024 LCC Graiit Alded Chlldren In Need LCC Ward Grant Feedlnz Brftaln Klrrfj Comnatlon 116.978 5,342 895 2.067 (116,978) {7.160) (179) {2,067) (500) ¥818 716 L818 125,782 (126.884) 716 pl￿Ou￿v￿r. At l *•rll 2022 Inmm• ExP￿dI￿re At 31 M•rth 20U LCC Grnnt Alded Chlldrnn In Need LCC Ward Gr•nt ASOA Grnrt 735 4,324 116,978 2L868 s￿ (117,713) {24,374) {500) 190) 1818 90 5,149 139346 (142ffl7) 1018 Lelcestsr aty Coun¢ll Grant Aid - To provld• help wlth overall runnlng cests of the adventure play8round fund also indudes the Summer Playscheme Grnnt whlch Is to help enable i Playscheme to operate durlTrd non school tlrne In the summer and at Easter by Prov￿11n& additlonal funds to help wlth further exp•ndlture. Chlldren In Need Grant- To provlde one worker for chlldren support work 15- BRAUNsfoNE ADVEKfuRE PLAYGROUND NafES TO THE FINANaAL STATEMEKfs (CONTINUED) FOR 711E YEAR ENDED 31 MARal 2024 lthr•*kt•d fund• The unrestricted funds of the Charlty comprlse the unwended balances of donatlons and 8rnnts whlch are not subject to specific candltlDns by donors and arantors as to how they may be used. These I￿lUde de518nit•d funds whlch have been set isld• out of unrestrirted funds bythe trustees for spedffc purpose& At l Awll 2023 Inmme Expqndftur• At31 Ma￿h fjenerdl Fund LCC Other 29.551 (24,065) (587) 4,745 4,158 29.551 124,652) Prnlow At l Aprfl 2022 Inwm• EMp•ndltyrn At al March Genernl Fund Feeding 8rltsln Mlke's Fund Donatlons (Jockwlse 44.493 (N,980) (3A50) Il152) 1280) iiso) 29￿51 3,350 1152 45,795 (19.912) 29￿51 of Mt amets betrKen funds Unr•rtrkt•d Reitrkt•d fun 20 At 31 MIKh 20X. Cuffent •ss•ts/lllabllltles 10,004 716 10,720 ioj 716 Unreilrlct•d funds fundi 2021 At JI Marth 202L. Currnnt aisetsl{Ilabllltles) 29,551 L818 3&369 29.551 18 3L369 BRAUNSTONE ADVENTURE PLAYGROUND NOTES TO THE FINANCIAL STATEMENrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Post kl•Me Sheet E¥qnts Th• trustees belleve that the Charlty remilns 18oln8 concern, wfth a heafthy balance sheet as at th• 31 March 2024. HO￿*ver the Ctharfty has been Informed that they wlll no lonpr be funded by the local •uthorlty beyond the 2024n5 flnandal year. Thls loss of fundlnlwlll represent appr(YAlm•t•ty of the Income fund$ the Ch•rlty recelve At the date of the $18nlni of the acccunts an agreement has been made to pro¥lde a furthor 51x months furKlln8 to the dwrfty ￿1¢h tskes thern up to Sept•mber 2025. Therefo￿ thb loss of fundln8 would represent • sknmcant loss of fundlw that would undoubtedly affect the scope of work the Charlty could underta1• beyond the followln8 flnandal year. De5plte thts the trustees are confident th•t they could'ln the longer term flnd ways of adapuni practlces and servlrns and 8enernte sufflclent income to enable the Charlty to contlnue Fts operatio However, the triLStees acknowledBe at the dats of th• slgnln8 of the account5 thls potentlally Impacts the goln8 ¢oncem ststus of the Charlty 801ry forward. 17-