2024-03-31-accounts - Oldbury Court Out Of School Clubs

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COMPANY REGISTRATION NUMBER:

05337412

CHARITY REGISTRATION NUMBER: 1112646

Oldbury Court Out of School Clubs Company Limited by Guarantee Unaudited Financial Statements

31 March 2024

ELLIOTT BUNKER LIMITED

Chartered accountants

61 Macrae Road

Ham Green Bristol BS20 0DD

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2024

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.

Reference and administrative details

Registered charity name Oldbury Court Out of School Clubs Charity registration number 1112646 Company registration number 05337412 Principal office and registered Delabere Avenue office Fishponds Bristol BS16 2ND The trustees GP Thompson D Worthington J Turner EOJ Cole Company secretary D Worthington Independent examiner Nick Michael FCA 61 Macrae Road Ham Green Bristol BS20 0DD

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

Structure, governance and management

Governing Document

The organisation is a charitable company, limited by guarantee. It was incorporated on January 19, 2005 and registered as a charity on January 6, 2006. It is governed by The Memorandum and Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Recruitment and appointment of Trustees

The directors of the company who are also charity trustees for the purposes of charity law, who served during the period and up to the date of this report, are set out on page 1. Under the requirements of the Articles of Association the Trustees are elected for one year after which they must be re-elected at the next Annual General Meeting.

Risk management

The trustees have examined the major strategic business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen their risks.

Objectives and activities for the public benefit

The objects of the charity are to provide the necessary facilities for the daily care, recreation and education of children during out of school hours and school holidays and to advance the education and training of persons in the provision of such care, education and recreational facilities.

The trustees confirm that they have had regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

Objectives and activities

Overview of the year

Background

Oldbury Court Out of School Club non-profit childcare charity has been providing reliable, safe childcare services for out-of-school hours through a Breakfast Club, After School Club, and Holiday Clubs since 1989. The club's mission is to deliver high-quality, professional, stimulating, safe, and lowcost childcare to families living or working in our local community.

The club's clear vision is to ensure that people living or working within Oldbury Court and the surrounding areas have access to quality, affordable childcare in the local community, regardless of wealth, gender, ethnicity, belief, or disability. The childcare should meet the children's developmental, emotional, cultural, social, and physical needs, promote learning, and be tailored to individual circumstances.

The key to OCOSC's service provision is providing a range of activities that meet the children's educational, cultural, social, and physical needs in a secure, safe, nurturing, and stimulating environment. We are committed to safeguarding and promoting the welfare of children, delivering play activities that support their social, emotional, educational, and intellectual growth while promoting selfesteem and po sit ive behaviour.

ACHEIVMENTS AND GROWTH

Over the past decades, OCOSC has grown from 12 children at its main site in Delabere Avenue to around 430 children at nine sites, making it one of the largest out-of-school childcare services in Bristol. The club employs 22 members of staff in a combination of full-time and part-time positions, all of whom are paid a living wage.

We were honoured to welcome a new Director and Trustee to our board this year. This addition means we can have fresh perspectives, insights and challenges to existing assumptions as well as introduce an innovative approach to our strategy and operations.

Our setting at Christchurch School had their Ofsted Inspection and passed. The inspectors were impressed with how staff encouraged children to develop a healthy lifestyle. They also noted that the management team had a clear vision for the club and the parents spoke positively about the provision.

In 2024, OCOSC received a grant of £66,000 for the installation of solar panels and a new kitchen. All the work has been completed and passed inspection, contributing to the club's sustainability and environmental initiatives. This year also saw the introduction of a new online booking system to reduce our reliance on printed forms and cut our processing times in line with our sustainability drive.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

The club's partnership with Bristol City and South Gloucestershire Councils to deliver the Holiday Activities and Food programs has continued, providing free school holiday club sessions over the past year. This has helped to ensure that affordability is not a barrier to accessing the club's services.

OCOSC has also been exploring innovative ways to enhance its service offerings. Over the summer, we put on a programme of different workshops and activity days which was well-received by the children and their families. In response to popular demand, We are exploring the possibility of opening a new site at a nearby primary school to meet the growing need for affordable, high-quality childcare in the local community.

In our last report, I mentioned about how the cost-of-living crisis post covid had affected our operations, to that end, the Board of Directors and Trustees voted to hold the fees for Holiday and Breakfast club but increase the fee for the After School Provision by 25p a session.

As with every other provider in our sector, recruitment and retention of trained and qualified staff is proving difficult. We are hoping to work with local higher education settings to advertise our vacancies and attract talent.

COMMITMENT TO STAFF DEVELOPMENT

OCOSC remains committed to investing in the professional development of its staff. Over the past year, the club has provided the following training:

6 staff have completed their 12-hour paediatric first aid training
8 staff have completed food hygiene training
4 staff have completed level 2 child protection training
1 staff have completed inter-agency child protection training

This ongoing investment in staff training ensures that the club can continue to provide high-quality, safe, and nurturing care for the children in its charge.

LOOKING AHEAD

As OCOSC looks to the future, the club remains committed to its mission of providing affordable, accessible, and high-quality childcare services to the local community. The club will continue to explore opportunities for expansion and innovation, while maintaining its focus on safeguarding, staff development, and environmental sustainability. With the support of its partners, families, and the local community, OCOSC is well-positioned to continue its growth and impact in the years to come.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

Achievements and performance

The achievements and performance has been fully covered in the Overview of the Year.

Financial review

The net expenditure for the year amounted to £4,710 which leaves funds of £332,355 to be carried forward.

It is the policy of the charity to maintain unrestricted funds at the level required to provide sufficient funds to cover administration costs.

The trustees' annual report and the strategic report were approved on 28 November 2024 and signed on behalf of the board of trustees by:

D Worthington Director

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Oldbury Court Out of School Clubs

Year ended 31 March 2024

I report to the trustees on my examination of the financial statements of Oldbury Court Out of School Clubs ('the charity') for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company 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 as 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.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Oldbury Court Out of School

Clubs (continued)

Year ended 31 March 2024

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.

Nick Michael FCA Independent Examiner

61 Macrae Road Ham Green Bristol BS20 0DD

28 November 2024

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2024

			2024		2023
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	2,671	52,887	55,558	26,410
Charitable activities	6	364,220	–	364,220	325,300
Investment income	7	422	–	422	161
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total income		367,313	52,887	420,200	351,871
		========================	========================	========================	========================
		========	===	========	========
Expenditure
Expenditure on charitable activities	8,9	371,623	53,287	424,910	361,985
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total expenditure		371,623	53,287	424,910	361,985
		========================	========================	========================	========================
		========	===	========	========
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Net expenditure		(4,310)	(400)	(4,710)	(10,114)
		========================	========================	========================	========================
		========	===	========	========
Transfers between funds		(400)	400	–	–
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Net movement in funds		(4,710)	–	(4,710)	(10,114)
Reconciliation of funds
Total funds brought forward		337,065	–	337,065	347,180
		--------------------------------	---------------------------	--------------------------------	--------------------------------
Total funds carried forward		332,355	–	332,355	337,065
		========================	========================	========================	========================
		========	===	========	========

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

The notes on pages 10 to 18 form part of these financial statements.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Statement of Financial Position

31 March 2024

		2024	2023
	Note	£	£
Fixed assets
Tangible fixed assets	15	6,471	11,262
Current assets
Cash at bank and in hand		328,565	328,485
Creditors: amounts falling due within one year	16	2,681	2,681
		--------------------------------	--------------------------------
Net current assets		325,884	325,804
		--------------------------------	--------------------------------
Total assets less current liabilities		332,355	337,066
		--------------------------------	--------------------------------
Net assets		332,355	337,066
		========================	========================
		========	========
Funds of the charity
Unrestricted funds		332,355	337,065
		--------------------------------	--------------------------------
Total charity funds	18	332,355	337,065
		========================	========================
		========	========

For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 28 November 2024, and are signed on behalf of the board by:

D Worthington Director

The notes on pages 10 to 18 form part of these financial statements.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2024

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Delabere Avenue, Fishponds, Bristol, BS16 2ND.

2. Charitable expenditure

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

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

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

Going concern

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. We confirm that there are no critical judgements or estimates to note.

Fund accounting

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

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

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

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

3. Accounting policies (continued)

Incoming resources

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

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

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

expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

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

Tangible assets

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

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

3. Accounting policies (continued)

Tangible assets (continued)

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

Depreciation

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

leasehold property - 10% straight line improvements Motor vehicles - 25% reducing balance

Impairment of fixed assets

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

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

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

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

3. Accounting policies (continued)

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The organisation is a charitable company limited by guarantee and has no share capital. In the event of the charity being wound up the liability in respect of the guarantee is limited to £10.

5. Donations and legacies

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations
Donations	590	–	590
Grants
Grants receivable - B.A.N.D	2,081	–	2,081
South Glocester CC	–	9,613	9,613
Bristol City Council	–	13,754	13,754
Bristol City Council - Resiliance Fund	–	29,520	29,520
	-----------------------	---------------------------	---------------------------
	2,671	52,887	55,558
		========================	========================
	=======================	===	===
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Donations
Donations	1,712	–	1,712
Grants
Grants receivable - B.A.N.D	988	–	988
South Glocester CC	–	11,131	11,131
Bristol City Council	–	12,579	12,579
Bristol City Council - Resiliance Fund	–	–	–
	-----------------------	---------------------------	---------------------------
	2,700	23,710	26,410
		========================	========================
	=======================	===	===

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

6. Charitable activities

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Fees	363,901	363,901	322,331	322,331
Fund raising	–	–	2,621	2,621
50/50 club	319	319	348	348
	--------------------------------	--------------------------------	--------------------------------	--------------------------------
	364,220	364,220	325,300	325,300
	========================	========================	========================	========================
	========	========	========	========
Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Bank interest receivable	422	422	161	161
	==============	==============	==============	==============
Expenditure on charitable activities by fund type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2024
		£	£	£
Charitable activities		324,105	23,367	347,472
Support costs		47,518	29,920	77,438
		--------------------------------	---------------------------	--------------------------------
		371,623	53,287	424,910
		========================	========================	========================
		========	===	========
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
		£	£	£
Charitable activities		293,176	26,544	319,720
Support costs		42,266	–	42,265
		--------------------------------	---------------------------	--------------------------------
		335,442	26,544	361,985
		========================	========================	========================
		========	===	========

7. Investment income

8. Expenditure on charitable activities by fund type

9. Expenditure on charitable activities by activity type

	Activities
	undertaken	Support	Total funds	Total fund
	directly	costs	2024	2023
	£	£	£	£
Charitable activities
	347,472	72,417	419,889	351,982
Governance costs
	–	5,021	5,021	10,003
	--------------------------------	---------------------------	--------------------------------	--------------------------------
	347,472	77,438	424,910	361,985
	========================	========================	========================	========================
	========	===	========	========

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

10. Analysis of support costs

Charitable
activities	Total 2024	Total 2023
£	£	£
1,692	1,692	188
5,021	5,021	10,003
3,843	3,843	2,010
1,039	1,039	2,604
2,152	2,152	2,882
4,791	4,791	4,791
58,900	58,900	19,787
---------------------------	---------------------------	---------------------------
77,438	77,438	42,265
========================	========================	========================
===	===	===

		£	£	£
	Finance costs
		1,692	1,692	188
	Governance costs
		5,021	5,021	10,003
	Telephone	3,843	3,843	2,010
	Other
		1,039	1,039	2,604
	Printing, postage and stationery	2,152	2,152	2,882
	Depreciation	4,791	4,791	4,791
	Repairs and renewals	58,900	58,900	19,787
		---------------------------	---------------------------	---------------------------
		77,438	77,438	42,265
		========================	========================	========================
		===	===	===
11.	Net expenditure
	Net expenditure is stated after charging/(crediting):
			2024	2023
			£	£
	Depreciation of tangible fixed assets		4,791	4,790
			=======================	=======================
12.	Independent examination fees
			2024	2023
			£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements		1,860	3,600
			=======================	=======================
13.	Staff costs
	The total staff costs and employee benefits for the	reporting period are analysed as
follows:
			2024	2023
			£	£
	Wages and salaries		284,903	263,660
	Employer contributions to pension plans		10,500	9,995
			--------------------------------	--------------------------------
			295,403	273,655
			========================	========================
			========	========

The average head count of employees during the year was 24 (2023: 23). The average number of full-time equivalent employees during the year is analysed as follows:

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

	2024	2023
	No.	No.
Number of staff	24	23
	==============	==============

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

14. Trustee remuneration and expenses

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

15. Tangible fixed assets

			Long
			leasehold
			property
			£
	Cost
	At 1 April 2023 and 31 March 2024		47,907
			========================
			===
	Depreciation
	At 1 April 2023		36,645
	Charge for the year		4,791
			---------------------------
	At 31 March 2024		41,436
			========================
			===
	Carrying amount
	At 31 March 2024		6,471
			========================
			===
	At 31 March 2023		11,262
			========================
			===
16.	Creditors: amounts falling due within one year
		2024	2023
		£	£
	Accruals and deferred income	2,681	2,681
		=======================	=======================

17. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £10,500 (2023: £9,995).

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

18. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
						At
	At				31 March	20
	1 April 2023	Income	Expenditure	Transfers		24
	£	£	£	£	£
General funds	337,065	367,313	(371,623)	(400)	332,355
	========================	========================	========================		========================
	========	========	========	==============	========
						At
	At				31 March	20
	1 April 2022	Income	Expenditure	Transfers		23
	£	£	£	£	£
General funds	344,346	328,161	(335,442)	–	337,065
	========================	========================	========================		========================
	========	========	========	==============	========
Restricted funds
	At					At
	1 April 2023	Income	Expenditure	Transfers	31 Mar 2024
	£	£	£	£	£
Bristol City Council	–	13,754	(13,754)	–		–
Bristol City Council -
Resiliance Fund	–	29,520	(29,920)	400		–
South Gloscestershire
County Council	–	9,613	(9,613)	–		–
	--------------	---------------------------	---------------------------	--------------	--------------
	–	52,887	(53,287)	400		–
		========================	========================
	==============	===	===	==============	==============
	At					At
	1 April 2022	Income	Expenditure	Transfers	31 Mar 2023
	£	£	£	£	£
Bristol City Council	–	12,579	(12,579)	–		–
Bristol City Council -
Resiliance Fund	–	–	–	–		–
South Gloscestershire
County Council	2,834	11,131	(13,965)	–		–
	-----------------------	---------------------------	---------------------------	--------------	--------------
	2,834	23,710	(26,544)	–		–
		========================	========================
	=======================	===	===	==============	==============

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

19. Analysis of net assets between funds

	Unrestricted	Total Funds
	Funds	2024
	£	£
Tangible fixed assets	6,471	6,471
Current assets
	328,565	328,565
Creditors less than 1 year	(2,681)	(2,681)
	--------------------------------	--------------------------------
Net assets	332,355	332,355
	========================	========================
	========	========
	Unrestricted	Total Funds
	Funds	2023
	£	£
Tangible fixed assets	11,262	11,262
Current assets
	328,485	328,485
Creditors less than 1 year	(2,681)	(2,681)
	--------------------------------	--------------------------------
Net assets	337,066	337,066
	========================	========================
	========	========

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Management Information

Year ended 31 March 2024

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

Oldbury Court Out of School Clubs

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2024

	2024	2023
	£	£
Income and endowments
Donations and legacies
Donations	590	1,712
Grants receivable - B.A.N.D	2,081	988
South Glocester CC	9,613	11,131
Bristol City Council	13,754	12,579
Bristol City Council - Resiliance Fund	29,520	–
	---------------------------	---------------------------
	55,558	26,410
	---------------------------	---------------------------
Charitable activities
Fees	363,901	322,331
Fund raising	–	2,621
50/50 club	319	348
	--------------------------------	--------------------------------
	364,220	325,300
	--------------------------------	--------------------------------
Investment income
Bank interest receivable	422	161
	--------------	--------------
	--------------------------------	--------------------------------
Total income	420,200	351,871
	========================	========================
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Expenditure on charitable activities
Wages and salaries	284,903	263,660
Pension costs	10,500	9,995
Rent	6,831	5,526
Rates and water	1,375	484
Light and heat	5,597	4,955
Repairs and maintenance	58,900	19,787
Insurance	2,823	4,109
Other establishment	1,039	2,604
Motor vehicle expenses	1,903	1,637
Vehicle leasing/hire	11,458	10,913
Legal and professional fees	2,198	5,894
Telephone	3,979	3,653
Other office costs	2,152	2,882
Depreciation	6,523	4,902
Equipment, arts, crafts and food	23,619	20,044
Ofsted fees	1,110	940
	--------------------------------	--------------------------------
	424,910	361,985
	--------------------------------	--------------------------------
	--------------------------------	--------------------------------
Total expenditure	424,910	361,985
	========================	========================
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	--------------------------------	--------------------------------
Net expenditure	(4,710)	(10,114)
	========================	========================
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