Chrlty r•Oitrntlan numb•r 1110172 lEnd and W•lMI Cornp•ny wlrtratlon numb•rlW66564 St. Andrews Play Association ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
sr. ANDREWS PIAY ASSOCIATION LEGAL AND ADMINisfRAnVE INFORMATION Anthony thsa¢k Danlel Ashman Ollver Speller Stephen Ashlev 5•th man•yment StEphen Ashley Chlef Executlve Charlty numbor (Entsid ind Wales) 1110172 Compary numb•r 05366564 Prf11 •ddr• Playbulldlns (fhlrtmere Garden5) 111 Walnut Street Lel¢ester LE2 7LA Playbulldln8 (Thirlmere Gardens) 111 Walnut Street Lekester LE2 71A Independentuamlner Thomas Mayfield BA FCA Mayfield & Co (Accountants) Ltd 2 Merus Court Merkllan 8uslnes5 Park Lelcester LE19 IRI Bink• Unlty Trust Bank Pl Nlne Brindley Place Birmlnghom BI 2HB
ST. ANDREWS PLAY ASSOCIATION CONTEKrs Trustses report Indewndent èX7mlnerfs report ststement of flnanclal aCtIvre$ Balance Sheet N¢)tes to the flnandal statem•nts 7-15
ST. ANDREWS PLAY ASSOCIATION TRusfEES REPORT (INCWDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The tntstees present thelr annual report and flnanclal statements fur the year ended 31 March 2025. The flnanclal statements have been prepared In accordance wlth the xcountlng pollcles set out In note to the flnanclil statsments and comply wlth the drI5 rnIng document, the Cornpanles Art 2006 and"Accountlng and Reportinz by Charltles: Ststement of Recommended Practice applicable to charlties preparfn8 thelr accourrts In accordance wfth the FlnJndal Reportln8 Standard appllcable In the UK and Republlc of Ireland (FPS 102r las amended for ac¢ountln8 perlods commenclng from l January 2016). ObJ•clKw and acthhle5 Otyects of the charlty prfnclpol ¢7rt1vKks ond orygnlsatlon of our wk. The charlty Is constltuted as a company limlted by BUarante irKI Is therefore governed by a memorandum and articles of assoclatlon. The charlvs objert und Its prlnclpal athlty Is that of provldlnq fadlities for recrnatlon for children resldent In the SL Andrews and surroundlng areas of the clty of Lelcester. The Char Is organised 50 that the meet regularly to manage Its affalrs. There Is a part tlme admlnlstrator, who managesthe day to day admlnlstrntlon of the CrIty. The remalnln8 Staff are employed at the Ptsy Bulldl The trustees have pild du• re8ard to 8uldance Issued by the Charlty Comm155ion In decldlng what actlvltles the charrty should undertake. Athl•v•m•nb and p•rformMt• The Projert has enJoy•d another very successful year In terms of attendance and use by Chlldren and Young People In the Greater St Andrews •rea. whlch contlnues to refiect the dlverse nature of the locallty. Thls is all achieved wlthout the need to advertlse or promots the servlce, outslde provldlng Informatlon pertalnln8 to openlng hour5. Indlcatlng that Parents and CarErs are r•c(wnmendlngthe Servlce to other5. The Pl4rOund ha5 never been busier than it currentty lg. Unks were malntalned wlth Nelthbourhood Polldni Unlt •nd further developed wh speclfk Lo1 schools. The Beat Team used the premlse$ to eryze wlth local residents both on an ad hoc ba$ls for spedfic Inltlatlves and we lialsed wlth the schools as clrcumstances rqqulred. We wern able to conllnu• to pmlde fruft on a dally bas15 for the users and in conjunctlon wlth Fare Shar•. who •lso 5uppll•d most of the other surplus food that was provided to the users on a dally 51& The Food Panty was supplled bv Fjre Share and trjped up wlth fund1 fr(Th the HouseId Support Fund, facllltotsd locally by the F•Ing Lelcester partnershi Interactlon wfth those In need has Inevltabfy led to more effect sl8npostlni to other senrfces and help that Indfvlduals and familles may need. Fundin8 from Feedln8 Brftaln meant that we could provlde food and actmtles durin8 th• Summer Pllyscheme. wlthout havin8 to tske part In the Mea tested HAF scheme, Mean1 all the users cculd take on an •qual footi The Projects involvement wlth the Food Provlslon has meant wth been Invlted to take part In fvrther partnershlps around Issues afferting Publlc Health and viider food provlslon across the aty. The mutual beneflt of thls kind of work Is that w• are better able to slllnpostthe families of our users approprfate a8endes and or8anlsatlons as necessary. Th• Trustees are satlsfied that the Project corrtlnues to meet the needs of the lo1 communlty, In terms of provldln8 access to Play In a busy• ever Chann& Inner clty envlronment. Tho Chqrlty believes It his provkled a publlc benefft durln8 the year throu8h areas outllned below and can o)nffrni It Is sodal Inclu$lon project. The Play Assoclatlon alms to ensure that all play provlsion meets the appmprlate levels of soclal. physlcal, Intellectuil, crn•tlv•. ltural and emotlonal needs of all ¢hlldren and youn8 people. The Play Assoclltlon alms to promote Inte8rated pl•y opportunltle5.
sr. ANDREWS PLAY ASSOCIATION TrUSTEES REPORT (INCLUDING DIRECTORS, REpoKn ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnandal r•vl•w The statement of finan(ial actMtl•s shows a totsl Income of £122.533 and expendlture of £127.38 Thi5 provldes a defKIt of £451 deducted from the brought forward reserves of £29,887 and the dwrfty carrks forward reserves of £2536. The reserves carrled fon¥ard show £20,336 of unreslrlcted fund5 and a carrfed fonvard surplu5 balance of £4,7(X) of restrlcted funds. Ru•Mi Pallry It Is the pollcy of the charlty that unrestrfcted funds whlch have not been de51snated for a speclfk use Should be maintsined at 8 level equlvalent to between three and slx months of nomil expendfture. The trustees estlrn•ts normal onJoin8 innual costs to be beeen £90ocAI and £IOO,CLXI perar. The chirtty had closln8 reNe$ of £25,036 a5 at the 31 March 2025 down from £29,887. Therefare, the trustees belleve the charlty Is Just above a posftlon of comfort to deal yth any flnanclnl problern. Of these dosln8 reserves there ts E4.700 surplus balance of restrkted funds. The trustees estlmate that reserves at a level of approxlrnately £30,(XIO would ensure th¥( In the ewnt of a slgnfflcant drop In fundln& they woukl be able to contlnue the charitits current actlvltles while ccnsld•ratlon 15 8lven to ways In whlch addItI4al funds may be ralsed. It Is desirable for the tharlty to maintsin this lev•1 of r•serves howe¥*r due to the nature of the fvndln8 and economlc clrrjjmstances the charlty h85 not been able to rnilntlln thls level of reserves throu8hout the erdll the trust are ntent with the leval of reser at the yaarwend and wlshed they had greater assets at Its dlsposal. However, because of the natrjre of fundlng It has m•d• It Imposslble to bulld up the I1 of reserves that the charlty would conslderto be sufficient. The present I1 of fundirq 15 adequate to support the contlnuatlon of the Play Projert for the short term. Hwmr. the trustees would like to lId up re5eM5 as a protectlon Jylnst any potentlal future reductlon$ In fundln8. ReStrfet Funds The charlty recefved Income of £90,185 from our rfirnipal fvnder5 Lelcester aty Coundl to run plawound actmtles throu8hout the ar and Sumrner Hayscheme. Thls be•n cl•ssffled as a restrltted fund. Expendlture of £90.185 was made In the year. £19.550 was recefved as Household Support but only £15.250 of c03ts were Incurred. therefore we have reported a surplus of £4,7C() whlth Is carrled forward. Unrestslct•d Funds Durln8 the year the charlty reported a deftclt ¢Jn Its genernl unrestrlcted funds of £9,151 deducted from the brought f¢rward reser¥e5 of É29A87. Thls means we carry fornrd £20,336 to be spent In future years. Rlth Ammsment The trustees assessed the rnajor rlsks to which the charlty Is a¥posed, are s•tlsfted th•t systems are In place to mltl8ate exposure to the major rlsk& Pknns forfuture perfods As a result of the wlthdrawal of Local AuthorTty fundlns from the rtart of the next Financlal Year, wlll be requlred to ek aftematl¥e fundln8 and generate addltlonal Income to rnalntaln the current level of ser¥ic4. W• h•w entered Into • communal bld to the Natlonal Lottery Reathlni Communftles fund, wlth four other May8round4 and wlll be laokln8 at Indlvldual Inftlatlves forthe bulldln& to subsldlse current runnlng cost&
sr. ANDREWS PLAY ASSOCIATION TRUSTEES REPORT (INCWDING DIRECTORS, REPORn (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 SIN¢turep 8o¥ernan¢e and m4nApment The charlty Is a company Ilmlted by 8uarantee. Thetrustees, who are also the dlrertors for thè purpose of company law, and who served durfng the year were: Anthony 5ack Danlel Athman Oli¥er Speller Nor of the tTre$ has any benaldal Intere# In the compary. All of the trustees are member5 of the company and iuirnntee to contrfbirt• £1 In the event of a wlndln8 UP. The tru¥t••s rnport was approved by the Board of Trustees. Anthony Cwad( Trustee Dated: 6 Nowrnbor 2[125
ST. ANDREWS PLAY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST. ANDREWS PL4Y AssoaATION I report to the trustees cn my mmlnatlon of the financlal statements of St. Andrews Play Assoclatlon (the charlty) forthe ended 31 March 2025. R•ipon•lblVtl•i •nd bmli of rnport As the trustees of the thJrlty (and also Its dlrertors for the purposes of company law), you are re5ponslble forthe preparation of the financial statemerrts In accordance wlth the requlrements of the Companie5 Art 2006. Havin8 sJtlsf[ myself that the flnanclal ststements of the charfty are not requlred to be audited under Part 16 of the Companles Act 2006 and are ell8lble for Independent examlnatlorn I report In respect of my mInatIon of the charitvs flnJndal ststements carrled out under sectlon 145 of the Chafftles Art 2011. In carrying out my uamlnatlon I hwe followed the Dlrectlons glven by the Charlty Commbslon under sectlon 145(5}(b) of the Charities Act 2011. Indopendent examln•rfi staternert I have completed ry ey2mliiatlon. I conflmi that no matter5 hm come to my attentlon In connectlon wlth the exarnlnatlon 8lvlng me cause to belle that in ary material respect: accountln8 records were not kept In respert of drity a$ required by sectlon 386 of the Companles Art 2006. the Ilnanclal statements do not acwrd vhth those record5; or the flnanclal statements do not compty with the accountln8 requlrements of section 396 of th• Companles Act 2006 other than ary requlrement that the financial 5tatsments 8lve a true and hir view, which15 not i matter consldered as part of an Independent eyaminaiion. or the flnanclal statements have not been prepared in accordance with the methods and prfnclples of the Strtement of Recommended Prartlce for accountlrq and reporting by tharltles appllcable to charltles preparfn8 thelr flnanclal ststements in accordance wlth the FIMnclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no COnrr and have come acr955 IKJ Other matters In connection wlth the èxamlnatlon to whlth attention should be drawn In thls report In order to enable a proper understandlw of the financlal 5t•tem•nts to be reached. Thom•s Mryfteld BA FCA Mayfield & Co {Accountsnts) Ltd 2 Merus Court Merldlan Buslnes5 Park Lelcester LE19 IIU 6 November 2025
ST. ANDREWS PLAY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCWDING INCOME AND EXPENDrruRE ACCOUNT FOR TrIE YEAR ENDED 31 MARai 2025 UnreMrf¢t•d Il•*rl¢t•d ful fundj 2024 2024 fundj 2025 ldI 2025 2025 Income from: Donatlon5 and lepdes Other tradln8 activitie5 Inve5trrnnts s37 6,601 660 109,735 115272 6.fAII 660 7,481 5,012 781 los,9 111570 5.012 781 Total In 11798 109,735 121533 13,274 105,089 118J63 ExpeThlfture on: Charftable artmtles 21.949 105,435 127,384 21,773 104,689 126,462 Totsl axp•nd1rn 21.949 105A35 127,384 21,713 104.689 126.462 Nrt In¢mIlpIndftr•) and mov•mart In fundi (9,151) 4,300 14,851) 114991 4C•) 1&099) Rqroncllknllon of fundj: Fund balances It l Aprfl 2024 29A87 29,887 37.986 37,986 Fund at 31 M•rth 2025 20,336 25.036 29A87 29,887 The statement of flnanclal artMtle5 Indudes all Dins and losses reco8nlsed In the year. All Income and expenditure derfve from contlnulng artmtle
ST. ANDREWS PLAY ASSOCIATION BALANCE SHEEr ASAT31 MARCH2025 2025 Currert Debtor5 Cash at bankind In hand 12 166 8515 155 40J86 85.681 {60,645) 401 110.654) Credltm: amounts fall du• wlthln on• year Net 11•1 •siet• 25,036 29,887 The funds olth• ¢h•rlty Restricted Inrne fvnds Unrestrlrted funds 4,7(MJ 20J36 4C 29J87 251136 29W7 The company 15 entlued to the exemptlon from the audit requlrement contalned In sectliin 477 of the Companles Att 2(K)6. for the year ended 31 March 2025. The dirertcrs acknowledge thelr responslbllltles for complyln8 with the requirements of the Companles Att 21x16 with respert to accountin8 rerS Ind the preparatlon of flnandal statemerrt5. The rnembers have not requlred the compary to obtaln an audit of its flnant?al ststements for the Trr In question In accordance wfth sectlon 476. Theseflnanclal statement5 been prepared In accordante wlth the P$10n5 appltcable to compinles Subject to the small companles re8lme. The flnanclal s atements re approved by the trustees on 6 November 2025 Ollver Spel er Comwny r•8lstratlon number 05366564 (England and 1¢$)
ST. ANDREWS PLAY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accauntlna polkl•s Ctharlty InfomHllon SL Andrews Play Assoclatlon Is a prl¥qte comyry IlmTted by 8uarnntee Incorporated In En8land and Wales. The re815tered office Is Playbulldlni (Thirlm•r• Gardens). 111 Walnut Stree¢ Lelcester LE2 7L 1.1 Attouniiry comnrtlon The flnanclal tstements have been prepared In accordance wlth the ¢harltyO5 governin8 documenk the Companles Act 2LX16, FR5 102 The Financl•l Reportln8 Standard appllcable In the UK and Republic of Ireland" and the Chirltles 50RP "Accountlng and Rewrtln8 by Charftles: Statement of Recommended Practke appllcable to tharfties preparlng thelr accounts In accord•nc• wlth the Flnan¢lal Reportlng Standard applkable In the UK and Republlc of Irelind {FRS 102).. The charity is a Publk Benefft Entity as detlned by FPS 102. The charity h•5 taken advantage of the provlslons In the SORP for charities not to prepare a statement of cash flows. The flnancial st•t•ments are prepared In sterlln& whlch b the functional currency of the charity. Mon•tiry amounts In these flnanclal statements a rounded to the nearest É. The flnanclal statements have been prepared under the h1stor11 cost Conventio Imodffied to Include the revaluatlon of freehold propertles and to Include Investment propertles and certydin finandal Instruments at f•lr valuel. The prlndpal acccuntln8 pollcles adopted are set out belo At the time af apprnrfnB the flnanclal statements, the trustees have a reasonable expeciation that th• dwrlty has adequate resources to contlnue In operatlonal exlstence for the foreseeable fUre. Thus the trustee5 contlnue to adapt the 8oin8 concern basls of accountlns In preparln8the flnanclal statement& 13 Ch•rhbl• fund• Unre5tr1ct•d fijnds •re alIable for use at the dlscretlon of the trusteq5 In furthernnce of thelr thirftsble obJectlve& Restrfcted funds are $ubJert to 5pedfic condltion$ by donor5 or arantors is to how they may be used. The purposes and uses of the restrlcted funds are set out In the n¢Xe5 to the flnanclal statements. Endowment fvnds are subject to Specific condltlons by donors th* the capltal must be malntslned by the drIty. 1.4 In¢om• Income b re¢o8nlsed wn the charfty Is Iwlly entttled to It after any perforniance condltk>ns have been mek the amounts can be measured rellabfy, and it is probI• th•t Income wlll be recelved. Cash donatlons are recoznlsed on receipt. Othw donatlons are recoanlsed once the charfty has been notlfled Of the donatlon. unless performance cond1t1o rwulrn deferral of the amount. Income tax rernr4ble In rel•tlon to donatlons recelved under 61ft Aid or deed$ of cipdenant Is reco8nlsed at the tlme of the donatlon. Le8acie5 are recoinised on recelpt or othenvlse ff the charlty has been notffled of an impendlng dlstrfbutlon, the amountls known, and recelpt15 upectsd. ff the amount Is not known. the le8acy Is treated as a ¢ontInnt asset.
ST. ANDREWS PLAY ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 AtnI1 polld (Contlnuadl 1.5 EXP•ndlra Expendlture13 reCnIsed once there15 a le8al or cor6tructlve oblwlon to trdn5fer economlc benefft to a thlrd party, It Is probable that a transfer of economlc bernfits wlll be required in settlemenk and the amount of the obli8atlon c•n be measured rellab Expendlture Is cla551fled by a¢tlvlty. The costs of each activ are made up of the total of direct C05ts Jnd shared costs, Includln¥ support costs Invol%*d in undertaking each actlvlty. Dlrect costs attrlbutable to a sI1e artlvlty are allocated dlrecdy to that attlvlty. Shared cost5 which cortrlbute to more than one acli¥ity and SUPPDrt costs whlch are not attrlbutable to a slngle artfvity are apportloned between those activities on a basis conslst•nt wlth the use of resources. Cerrtral staff costs are allocated on the basls of tlme spent, and depreci•tion dwryes are 4llocat•d on the portlon of the asset¥ use. IA Qsh and •quhl•rti Cash and cash equfvalents Include cash in hind, dep051ts held at call wlth bank4 other short-terni Ilquld InveStnts wlth ori8iMI maturltlas of three month5 or less, •nd b•nk Overdra Bank overdrnfts are shown wlthln borrowln85 In current Ilabllftles. L7 RMn¢knl Inrtrum•nts The charlty only has flnandal ass•ts and flnand•l Ilabllltles of a klnd that qualtfy b•slc flnanclal Instruments. Baslc financlal Instruments are Inltialty reco8nlsod •t trnnslctlon value and subsequently sUre$ at thelr settlement value with the eptIon of bank loan4 whlch •re subsequently measured at amortlsed cost wlns the effectlve Interest rnethod. Baslc flnanclal 455ets, which Indude debtors and cash and bank bilanc•$, ar• Inltlally measur•d at transactlon prlce Includln8 transaction corts and are subsequently carried at •mortls•d cost usln8 the effecthfft Interest method unle the arrawment constltutes a flnanclng transaction, where th• trnnsactlon Is measured at the present lue of the future receipts dlscounted at a market rate of interE5L Flnlndil assets d8s8ffied as recelvable wlthln one year are not amortised. Bask finandal Ilabllltles. Indudin¥ credltor5 and bank loans are Inltl•lly recognlsed at transactlon wTce unless the arrnn8ement ¢onstltutes a flnancin8 transartlon, where the debt Instrument is mwsured •t th• pregent value of the futyre payments dlxounted at a market rate of InteresL Flnancial liabilities c11$5ifled a5 papble wlthln one year are not amortlsed. Debt Instruments are subsequently carrfed at amortlsed cos¢ uslng the efFectlve lrt•re5t rnt• method. Trade uedltors are oblityions to pay for goods or servlces that have be•n acqulr•d In the ordlnary caurse af operdtlons from suppllers. Amounts payable are classlfied as current liabllftle5 If payment Is due wlthln ¢)ne year or le$& If no( they are presented as non-¢urrent Ilabllltles. Trade credltors are reco8nis•d Inltlllly at tr•nsactlon prlce and subsequently measured at amortised c05t Un&the effectlve Interest method. Flnanclal Ilabllltles are derecognlsed when the tharttV5 Cgrtrdcttwl obli8atlons wilre or are dlscharpj or ancelled. La Empknyee beneffts The cost of ary unused hollday entltlement Is reco8nlsed In the period in whith the employee's senrfc•5 are recelv•d. Termlnatlon berts are reco8nlsed Immedlately as an expense when the chirlty b demonstrably commltt•d to tsmilnate the employment of an employee ortC+ provlde termlnation benefft5.
sr. ANDREWS PLAY ASSOCIATION NOTES TO THE FINANaAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crltltal aK¥unllni •rtlfflts •nd I10¢m•1rts In th• appllcatlon of the chaffts accountlnq pollcie5, the trustees are requirad to mil• Judgements estlmates and umptIOnS about the Carry1 am¢wnt of assets and lbIlItIeS that ire not wdlly apparent from other sources. The estlmates and assodatsd assumptlons are based on hlstorlcal experfence and other factors that are consldered to be relevant. Artual results may dlffer from these estlmatss. The estlmates and Undety1 a55urnptlons are revlemfftd on an on8olng baslg. RevlsTons to accountln8 e5tlmates are recognlsed In perfod In which the estlmate Is revised where the revlslon affects only that perlo4 or In the period of thè revlslon and future periods where the revision affects both current and future perfods. Income from don•tknns and l•pd Unr•rtrlct•d R•rtrkted Iixal Unrejtrlcted funds fundi 2024 2025 2025 2Lll5 2014 Grants 5,537 109,735 115.272 7,481 105JJ89 11¥70 Donitlonj and Grnnts Lelcester aty Councll Main Grant Lelce5ter aty Council Other Grants Henrysmith Heatin8 Grant Household Support Fund Feedlni Brltsln John Lewls 88.773 88.689 88,689 412 IA12 $80 l(M)O 19,550 19,550 3,162 375 400 3.162 1375 2,C7 234 5,537 109,735 115,272 7A81 iC6.089 112,570
ST. ANDREWS PLAY ASSOCIATION NiyfES TO THE FINANCIAL sfATEMENTS (coKnNUED) FOR THE YEAR ENDED 31 MARCH 2025 Inwm• from other tr•dln8 acthrfd Unr•rtrlct•d Unreitrlci•d funds 1025 Fundralsln8 events Shop Income 655 4357 6A76 R•lsln8 funds 6.601 5,012 Income from kwstments Unr•rtrkt•d Unr•rtrf¢ted fdI fvnth Interest recelvabje 660 781 10-
sr. ANDREWS PLAY ASSOCIATION NufES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Exp•ndltur• on ch•rlknbl• Icdvltles Unrestrktod Ilestrkt fvnds funds 2025 2025 Totsl Unr•#rltt•d funth fund• 2025 Staff costs Water rates and charles Ll8ht and heat Trlephone Repairs and malntsnarmz aeanln8 matsrfals and 11451 62.211 74,662 1,354 1.839 562 I28 11024 63.140 74,164 998 3,652 551 1,652 551 940 562 1.028 287 L875 287 1.875 Insurance Materiils refr•5hments, consumabl•s and equipment Trnlnl Trlp5 Posta8e, statlonery and photocopyln8 Publldty and subscrfptlon$ 3,517 17268 20,785 150 5,981 16,0(X> 22,167 5.981 1582 li li 24949 84.557 106,486 2L773 86.367 ll,140 Sh•re of gupwt and pv•rMnt• to* IM• not• 71 Governance 20W8 20,898 18,322 18J22 21,949 105.435 127,384 21,773 104,689 126A62 Analwi by fund Unrestrfcted funds Restrlcted funds 21,949 21949 105,435 21773 2l773 104,689 105.435 104,689 21949 105A35 127.384 2L773 104,689 126,462 Support fosts allotated to actl¥ftles funds Governance 20.898 18,322 11
sr. ANDREWS PLAY ASSOCIATION NufES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 support cats illorated to atthrfd (Cofttlnuadl 2025 Gov•rnanA a)Jts mmpth: Stsff c05t5 Audlt fees Bookkeepln8 fees 17,763 1.780 1.355 14507 1460 20,898 18,322 N•t MOvant kn funds 1025 The net movement in funds Is ststed aft•r charyln81(credltln8): Fees Pab forthe Independ•rrt examlnatlon of the tharltys fIndal statsments 1,780 None of the trustees lor any per%>ns connected wfth them) receibtd any remunerntlon durlng the year and none of them were relmbursed for trav•lllnB expenses (2024- £nll). One trustee. Danlel A5hman, Wds also employod on a part tlme basls to ¢over slaff shortaies on projects. He was pald £1,440 durln8 the year. ID Empkny• The averay monthly numberof employees durln8 the y•Jr was: 2025 zo Number PlayBround fadlltles Management and admlnistiation Ernpljyment ¢0 2025 2024 Was05 and salarfes Penslon costs 91.148 1.277 87A62 671 12-
ST. ANDREWS PLAY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employ• No empl(rye• 1$ allocated entlrely to mana8ement: an assessment of part of each •rnployee's ImKil¥*ment In manalemerrt has been used as the basls for deternilnln8 the above apport]onment of costs forgovernince costs. There were no employees whose annual remuneratlon was more than £60.CKIO. Remuneraiion of key min•wiant p•xnn•l 20 8ate compensation 29,893 29.014 11 Taxatlon The charlty 1$ exempt from tsx on income •nd plns falllng wlthln sectlon 505 of the Taxs Art 1988 or 5ertlon 252 of the Taxatlon of Chargeable Gar Att 1992 to the extent thatthese are applied to Its ch•rltable objects. 12 D•lrt¢ 2025 nts f•lllry du• wlthln on• yup Prepayments and accrued income 166 155 Credltorn: amounts fvlllw due vAthln on• •r 2025 Other credTtor5 Accruals and deferred income SL425 9.220 60 10,6S4 13-
sr. ANDREWS PLAY ASSOCIATION NOTES TO THE HNANCIAL STATEMEMrs (coKriNUED) FOR TrIE YEAR EIVDED 31 MARCH 2025 PAJtrfcled lunds The Income fund$ of the charlty indud• restrlcted funds compr151n8 the followlnK unoxpended balances of donatio and 8rants held on trust for speciftc purposes: At I WI 2024 Incom R•urceS At JI Mirth 2025 Lelcester aty Councll Maln Grant Lelcester City Councll Ward Grnnt Household Support Fund 88,773 {8&7731 IL412) (15250) 400 19,550 47QJ 109,735 1105A35) 4,7CKI year. At i Awl 2023 In¢omkn£ r•iourc•B Resouw At JI March •xpended Lekester Clty Councll Main Grant Household Support Fund (88,689) 116,000) 16A(KI 4LX) 105,089 {104.689) 400 Unrestrf¢t•d fundj The unrestrkted funds of the tharlty comprlse the urtexpended balance5 of donatlon5 and 8rants whlch are not subkct to spedflc corK15tions by donors and 8rantors as to how they may be used. These Include desl8nated funds whlch hava been set aslde out of unrestrict•d funds by the trustees for specific purpos At i Aprfl 2024 InMmlni R•WUr At 31 r(h •xp•nd•d 2025 General Unrestrlcted 29A87 12,798 (21949) 20.336 PY•vloui year. At l Aprfl 2023 IKomlni R•A)urcu At 31 Mah •xp•nd•d General Unrestrlcted 37,986 13,274 (217731 29,487 14-
sr. ANDREWS PLAY ASSOCIATION NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2025 16 of nrt •siets belween fund5 funds 2025 fimth 2025 At JI Mah 1025: Current assetsl(liabllltles) 20J36 4,71MJ 2536 20,336 4,700 25,036 VnreJtrlct•d R•#rlcted fun 2024 At JI March 21124: Curr•nt •ssetsl{Ilabllftles) 29,487 2987 29A87 41J) 29,887 17 A•lat•d prty TranM¢lloM wlth r•lat•d pard•g Durin8th• year the charfty entered Into the followln8 tran5aCtlons with related pgrtles: One trustee, Danl•l Ashmin. was also employed on a part tlme basls to ¢ovor slaff shorta8es on projects. H• was pald £¥4401202. £2.325) durlng the year. The truste•5 have consIded the long•r•tsmi posltlon of the Charlty after contlnulnz dlalowe wlth the local authorfty bout fundlng requlrnment& The loul authorlty extended Its fundlng to 2025A6 to help the charlty conslder future fundlnq opportunities. Hower, th•rn 1$ no fundln8 provtslon beyond the end of Marth 2026. Thls loss of fundlns represents approximately 75% of the Income funds the Charfty rece Therefore, this lass of fundlnB would represent a slgnlflcant Impart on the charlty that w¢uld undoubtedly affect th• scope of work the thirlty Ixjuld undertake beyond the followlng flnanclal ar. Despite this the trustws contlnue to explore ways of adaptln8 practlces and servlces and generate sufficient Incomo to enable the Charlty to contlnue Its operatlon& However, the trustees aCkn¥ledBe at the date of the s18nln8 of the accounts thls potentially Impacts the 8olr¥ concern status of the Charlty soln8 forward. Desplte thls the trustees have declded to prepare the flnandal statements thls basis as they boll•ve It Is the most approprl•te method at thls moment In tlme. 15-