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2025-03-31-accounts

New Parks Play Association

Charity No. 1118541

Company No. 05993363

Trustees' Report and Unaudited Accounts

31 March 2025

New Parks Play Association Contents

Pages
Trustees' Annual Report 2
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 to 17
Detailed Statement of Financial Activities 18 to 19

Page 1

New Parks Play Association Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 05993363

Charity No. 1118541

Registered Office

21 Scott Street Leicester LE3 6DW

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

D.D. Brown K.H. Laywood K.L. North

Company Secretary

J. Johnson

Accountants

I Hate Numbers Limited Forester Building 29-35 St Nicholas Place Leicester LE1 4LD

OBJECTIVES AND ACTIVITIES

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

The New Parks Play Association's principle objective is:

The provision of facilities for education, recreation and other leisure time occupation for children resident in the New Parks and surrounding areas, in particular those children who have need due to social or economic circumstances; with the object of improving the conditions of life for such children by promoting their physical, mental and emotional development.

Page 2

New Parks Play Association Trustees Annual Report

New Parks Play Association seeks to achieve this objective in various ways. The association operates and manages a permanent site and building known as the Adventure Playground, which is on Glenfield Road, Leicester; this is an "Open Access" play provision. The site consists of a play building for indoor activities providing space for arts/crafts workshops, board games, table football; pool cookery. The site has been landscaped with wide pathways and native trees & shrubs. The site provides space for adventure play equipment, outdoor gym equipment, sand & water play and a multi-purpose floodlit ball court, the site is also floodlit for safety.

The playground now opens daily all year round from 3pm - 6pm Monday - Friday and during school holidays our hours are from 12pm - 4pm for young people aged 5-14 years of age, this includes a holiday Playscheme during the summer when extra staff are taken on from our pool of experienced workers. During half terms we are open to the children 12pm till 4pm, this is operated with core staff only. All children need to register before using the facility. We delivered 221 sessions and 12,368 children attended the playground during this time. We provide free snacks and drinks at every session to ensure no children goes hungry, we are also part of the HAF programme which funds food and activities during some school holidays. .

In addition to day to day activities the playground hosts a number of special events throughout the year which include special theme days during summer holidays and arranged a number of day trips which included Visits to Leicester outdoor pursuits centre, Narrow boat trip, Roller skating and the sole hire our local swimming pool and much more.

ACHIEVEMENTS AND PERFORMANCE

New Parks Play Association seeks to achieve their objectives in various ways. The association operates and manages a permanent site and building known as the Adventure Playground, which is on Glenfield Road, Leicester; this is an "Open Access" play provision. The site consists of a play building for indoor activities providing space for arts/crafts workshops, board games, table tennis table football and cooking workshops. we have a wonderful open space that has purpose built play equipment along with space for free play and other activities. We have a multi-use games area which is used daily for a wide variety of sports and games for all ages.

The site has been landscaped with wide pathways and native trees & shrubs. The site provides space for adventure play equipment, outdoor gym equipment, sand & water play and a multi-purpose floodlit ball court, the site is also floodlit for safety.

We have been using both inside and outside of our playground but try and be outside when the weather is good.

In addition to day to day activities the playground hosts a number of special events throughout the year which include special theme days during summer holidays and arranged a number of day trips which included Visits to Leicester outdoor pursuits centre, Narrow boat trip, Roller skating and the sole hire our local swimming pool and much more

During this year we have worked closely with Fareshare , Holiday Activity Fund (LCC) Samworths and Everards which has enabled the playground to provide snacks, drinks and food during our sessions all year round.

FINANCIAL REVIEW

The statement of financial activities on page 7 shows a total income of £250,233 and expenditure of £173,565 across our unrestricted and restricted funds.

This provides a surplus of £76,668 for the year ended 31 March 2025 and there remains a surplus on reserves carried forward of £98,947.

Page 3

New Parks Play Association Trustees Annual Report

These funds are split between the unrestricted funds and restricted funds.

RESERVES POLICY

It is the policy of the charity that unrestricted funds which have not been designated for an alternative specific use should be maintained at a level equivalent to between three and six months of normal expenditure . The trustees estimate normal ongoing annual costs to be between £100,000 and £125,000 per year.

In the total reserves of £98,947 there are restricted funds of £34,132 which are committed to be spent in the near future. This leaves free reserves of £64,815. Therefore, the trustees believe the charity is just below a position of comfort to deal with any financing problems. as ideally they would be nearer six months costs in reserve.

The trustees estimate that reserves at a level of approximately £50,000 would ensure that, in the event of a significant drop in funding, they would be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. It is desirable for the charity to maintain this level of reserves. However due to the nature of the funding and economic circumstances the charity has not been able to maintain this level of reserves throughout the year. Whilst reserves are not at an optimum level the trustees are pleased with the progress the charity has made over the last five years.

We will outline the funds held and how they will be utilised going forward. Overall the trustees are not content with the level of reserves at the year-end and wished they had greater assets at its disposal.

RESTRICTED FUNDS

The Charity's principal funders remain the Leicester City Council who provided a grant of £121,300 for core playground activities throughout the year, and the Summer Playscheme.

The core funding we receive from Leicester City Council covers salaries & running costs any development has to come from fundraising. All of the grant has been spent and there remains no balances unspent.

We have received an additional £50,240 in restricted funding over the past year which would include funding from:

The trustees have committed to a large scale refurbishment of the playground over the years which has been well received.

We have a balance on the Leicester City Football Club fund of £552 which remained unspent at the year end.

Reaching People; Leicester City Football Club; Leicester City Council Ward Grants, and Community Panel Grants

The trustees have committed to a large scale refurbishment of the playground over the years which has been well received

UNRESTRICTED RESERVES

The charity received £78,793 of unrestricted funds during the year. This came via a Parachute Payment of £68,175 from Leicester City Council, plus some other small grants and donations and our own fundraising.

We had unrestricted reserves of £64,815 carried forward.

RISK POLICY STATEMENT

Page 4

New Parks Play Association Trustees Annual Report

As part of their overall duties of management, the trustees must ensure that the major risks to which the group is exposed are reviewed and that systems are established to mitigate those risks.

The trustees consider that a major risk is one, which if it materialised, would have a significant adverse impact on the charities ability to function and achieve its purposes as identified in its Memorandum and Articles of Association. The

trustees recognise that risks can arise not only from the charities activities but also from failure to act or exploit

opportunities.

PLANS FOR FUTURE PERIODS

Once again, our contract was extended with Leicester City Council (LCC) until 2025. However, during the year, we were notified by Leicester City Council that our funding would be coming to an end.

The short notice period made it particularly challenging to plan for the future and identify ways for the playground to continue on a self-sustaining basis. Trustees and staff responded proactively seeking advice and support to develop a new business plan and explore sustainable income streams.

As part of this process, we established a pre-school which opened in February. This development builds on our existing strengths and community relationships. We began with stay and play sessions, which were well received locally, and are not expanding into a structured pre-school offer.

This marks an important step towards securing the long-term future of the playground while continuing to meet the needs of children and families in the area. We continue to have a very positive partnership with Fair share and Samworth and Everards which will continue to have a big impact too the Playground.

We continue to stay positive and look for sources of funding to help the playground continue but without Leicester City Council Core funding this is extremely difficult.

We have been on standstill budgets for about 20+ years and continue to look for savings where we can. Other than that, the playground is as popular as ever within the community and is reflected with the continuing new user registrations. We have applied for and been successful with other grants for equipment over the past 12 months and will continue to carry on with this approach and also increase our network with local agencies who have supported us well.

STRUCTURE, GOVERNANCE AND MANAGEMENT

New Parks Play Association is governed by Memorandum and Articles of Association. Its principle operating address is New Parks Adventure Playground, Glenfield Road Leicester LE3 6RN.

New Parks Play Association was founded as a charity in 1974 when the local community got together to run summer playschemes and later on received land from Leicester City council in 1978 along with urban area 5 year funding to establish the adventure Playground. After the 5 year period we were given annual grant-aid from Leicester City Council to continue to develop the playground. The Trustees over the years have raised funds through many organisations including Lottery to develop the playground from a field into what it is today.

Page 5

New Parks Play Association Trustees Annual Report

Its objects and powers are set out in the Memorandum of Association and regulated by the Articles of Association. All members of the charity will be approved by the trustees and no employee of the company or relative of an employee is a member of the management committee. The management committee is responsible for setting the direction of the charity and establishing policy. The members have at least four extraordinary general meetings during the year and delegate the day to day operation of the charity to the Senior Playworker and Management Support worker, two full time and three part time Playworkers, extra Playworkers are taken on during the summer. The Executive Committee is selected annually following an Annual General Meeting. The Executive Committee also invites representatives from the funding body Leicester City Council.

The trustees, who are also the directors for the purpose of company law, and who served during the year were:

Karen Laywood Kim North Darren Brown

The executive committee members during the year to 31st March 2025 were: Mrs Karen Laywood - Treasurer Mrs Kim North - Chair Mr Darren Brown - Vice Chair

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The executive committee members during the year to 31st March 2025 were: Mrs Karen Laywood - Treasurer Mrs Kim North - Chair Mr Darren Brown - Vice Chair

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

K.L. North Trustee 01 September 2025

Page 6

New Parks Play Association Statement of Financial Activities

for the year ended 31 March 2025

Notes
Income and endowments
from:
Donations and legacies
4
Other trading activities
5
Investments
6
Total
Expenditure on:
Charitable activities
7
Other
8
Total
Net gains on investments
Net income
9
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2025
£
70,299
8,285
209
Restricted
funds
2025
£
171,440
-
-
Total funds
2025
£
241,739
8,285
209
Total funds
2024
£
159,728
732
285
78,793
21,541
1,194
171,440
150,408
422
250,233
171,949
1,616
160,745
152,209
-
22,735
-
150,830
-
173,565
-
152,209
-
56,058
(54)
20,610
54
76,668
-
8,536
-
56,004 20,664 76,668 8,536
56,004
8,811
20,664
13,468
76,668
22,279
8,536
10,896
64,815 34,132 98,947 19,432

Page 7

New Parks Play Association Balance Sheet

at 31 March 2025

Company No.
05993363
Notes
2025
£
Fixed assets
Tangible assets
11
273
273
Current assets
Debtors
12
2,604
Cash at bank and in hand
101,615
104,219
Creditors:Amount falling due within one year
13
(5,545)
Net current assets
98,674
Total assets less current liabilities
98,947
Net assets excluding pension asset or liability
98,947
Total net assets
98,947
The funds of the charity
Restricted funds
14
Restricted income funds
34,132
34,132
Unrestricted funds
14
General funds
64,815
64,815
Reserves
14
Total funds
98,947
2024
£
-
-
637
29,948
30,585
(8,306)
22,279
22,279
22,279
22,279
13,468
13,468
8,811
8,811
22,279

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 01 September 2025

And signed on its behalf by:

K.L. North Trustee

01 September 2025

Page 8

New Parks Play Association Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

New Parks Play Association Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 10

New Parks Play Association Notes to the Accounts

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital. Every member of the company undertakes to contribute such an amount as may be required not exceeding £1 to the assets of the charitable company in the event of it being wound up while he or she is a member, or within one year after he or she ceases to be a member.

3 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Other trading activities
Investments
Total
Expenditure on:
Charitable activities
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
Donations and gift
Grants receivable
Other donations
Unrestricted
£
2,124
68,175
-
70,299
Unrestricted
funds
2024
£
3,308
732
285
4,325
6,099
6,099
(1,774)
(1,774)
(1,774)
10,585
8,811
Restricted
£
-
171,440
-
171,440
Restricted
funds
2024
£
156,419
-
-
156,419
146,111
146,111
10,308
10,308
10,308
3,159
13,467
Total
2025
£
2,124
239,615
-
241,739
Total funds
2024
£
159,727
732
285
160,744
152,210
152,210
8,534
8,534
8,534
13,744
22,278
Total
2024
£
158,670
-
1,058
159,728

Page 11

New Parks Play Association Notes to the Accounts

5 Income from other trading activities

Fundraising events
Trips Income
6
Income from investments
Interest income
7
Expenditure on charitable activities
Expenditure on charitable
activities
Staff costs
Equipment & protective
clothing
Repairs & maintenance
Motor expenses, Trips &
Travel
Grants made
Governance costs
Independent Examination
Accountancy & booking fees
Telephone
Unrestricted
£
8,769
-
0
600
-
3,400
4,050
-
16,818
Unrestricted
£
8,285
-
8,285
Unrestricted
£
209
209
Restricted
£
121,477
-
4,735
6,678
-
-
200
-
133,091
Total
2025
£
8,285
-
8,285
Total
2025
£
209
209
Total
2025
£
130,246
-
4,735
7,278
-
3,400
4,250
-
149,909
Total
2024
£
-
732
732
Total
2024
£
285
285
Total
2024
£
109,314
1,899
2,451
6,591
574
2,306
4,830
195
128,160

Page 12

New Parks Play Association Notes to the Accounts

8 Other expenditure

8 Other expenditure
Unrestricted Restricted Total Total
2025 2024
£ £ £ £
Premises costs 416 29 445 -
Amortisation, depreciation,
impairment, profit/loss on 91 - 91 -
disposal of fixed assets
General administrative costs 625 393 1,018 -
Legal and professional costs 62 - 62 -
1,194 422 1,616 -
9 Net income before transfers
2025 2024
This is stated after charging: £ £
Depreciation of owned fixed assets 91 -
10 Staff costs
2025 2024
Salaries and wages 130,246 109,314
130,246 109,314
No employee received emoluments in excess of £60,000.
Total employee benefits received by key management
personnel
34,438 32,931
The average monthly number of full time equivalent employees during the year was as follows:
2025 2024
Number Number
5 5
5 5
11 Tangible fixed assets
£ £
Cost or revaluation
At 1 April 2024 364 364
At 31 March 2025 364 364
Depreciation and
impairment
At 1 April 2024 91 91
At 31 March 2025 91 91
Net book values
At 31 March 2025 273 273
At 31 March 2024 273 273

Page 13

New Parks Play Association Notes to the Accounts

12 Debtors

12 Debtors
Prepayments and accrued income
13 Creditors:
amounts falling due within one year
Other taxes and social security
Other creditors
Accruals
2025
£
2,604
2,604
2025
£
2,498
-
3,047
5,545
2024
£
637
637
2024
£
5,078
1,181
2,047
8,306

Page 14

New Parks Play Association Notes to the Accounts

14 Movement in funds

14 Movement in funds
At 1 April
2024
-
3,640
6,318
3,321
189
-
-
-
-
13,468
8,811
22,279
Incoming
resources
(including
other
gains/losses)
£
121,200
21,971
-
-
-
24,259
450
1,000
2,560
171,440
78,793
250,233
Resources
expended
£
Gross
transfers
£
-
-
-
54
-
-
-
-
-
54
(54)
-
At 31
March
2025
£
0
8,607
5,639
0
12
17,276
50
348
2,200
Restricted funds:
Restricted income funds:
Leicester City Council
Holiday Activities and Food
Programme HAF
Anti Poverty Grant
Leicestershire Police Anti
Social Grant
Community Panel
Pre-School
DCS
Emergency Response
Food Ward Grant
Total
Unrestricted funds:
General funds
Total funds
(121,200)
(17,004)
(679)
(3,375)
(177)
(6,983)
(400)
(652)
(360)
(150,830)
(22,735)
(173,565)
34,132
64,815
98,947

Purposes and restrictions in relation to the funds: Restricted funds: Leicester City Council Holiday Activities and Food Programme HAF Anti Poverty Grant Leicestershire Police Anti Social Grant Community Panel Pre-School DCS Emergency Response Food Ward Grant Total

Page 15

New Parks Play Association Notes to the Accounts

15 Analysis of net assets between funds

Fixed assets
Net current assets
16 Reconciliation of net debt
Cash and cash equivalents
Net debt
At 1 April
2024
£
Unrestricted
funds
£
273
98,674
98,947
Cash flows
£
Total
£
273
98,674
98,947
At 31
March
2025
£
29,948 71,667 101,615
29,948
29,948
71,667
71,667
101,615
101,615
17 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2025
2025
Land and
buildings
Other
£
£
Operating leases with expiry date:
Pension commitments
2025
£
The pension cost charge to the company
amounted to:
3,087
2024
Land and
buildings
£
2024
Other
£
2024
£
1,087

18 Post balance sheet events

The trustees believe that the Charity remains a going concern, with a healthy balance sheet as at the 31 March 2025.

However, during the year, we were notified by Leicester City Council that our funding would be coming to an end. This loss of funding represents approximately 47% of the income funds the Charity received during 24-25.

Therefore, this loss of funding represents a significant loss of funding that would affect the scope of work the Charity could undertake beyond the following financial year, this is cushioned by a Parachute Payment of £68,175 from the City Council .

Despite this the trustees are confident that they could in the longer term find ways of adapting practices and services and generate sufficient income to enable the Charity to continue its operations.

However, the trustees acknowledge at the date of the signing of the accounts this potentially impacts the going concern status of the Charity going forward.

Page 16

New Parks Play Association Notes to the Accounts

19 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 17

New Parks Play Association Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from:
Donations and legacies
Donations and gift
Grants receivable
Other donations
Other trading activities
Fundraising events
Trips Income
Investments
Interest income
Total income and endowments
Expenditure on:
Charitable activities
Staff costs
Activities & food
Equipment & protective clothing
Repairs & maintenance
Motor expenses, Trips & Travel
Utilities
Insurance
Telephone
Printing, postage & stationery
Training
DBS
Subscriptions
Volunteer expenses
Governance costs
Independent Examination
Accountancy & booking fees
Telephone
Bank Charges
Misc expenses
Total of expenditure on charitable
activities
Unrestricte
d funds
2025
£
2,124
68,175
-
70,299
8,285
-
8,285
209
209
78,793
8,769
0
-
0
600
0
542
890
311
150
71
-
2,654
13,987
3,400
4,050
-
104
-
7,554
21,541
Restricted
funds
2025
£
-
171,440
-
171,440
-
-
-
-
-
171,440
121,477
10,682
-
4,735
6,678
3,137
118
-
167
-
323
-
2,891
150,208
-
200
-
-
-
200
150,408
Total funds
2025
£
2,124
239,615
-
241,739
8,285
-
8,285
209
209
250,233
130,246
10,682
-
4,735
7,278
3,137
660
890
478
150
394
-
5,545
164,195
3,400
4,250
-
104
-
7,754
171,949
Total funds
2024
£
158,670
-
1,058
159,728
-
732
732
285
285
160,745
109,314
18,832
1,899
2,451
6,591
3,207
523
584
331
360
-
574
-
144,666
2,306
4,830
195
199
13
7,543
152,209

Page 18

New Parks Play Association Detailed Statement of Financial Activities

Premises costs
Rates
Premises cleaning
General administrative costs,
including depreciation and
amortisation
Depreciation of
Information and publications
Postage and couriers
Subscriptions
Legal and professional costs
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
231
185
416
91
200
23
402
716
62
62
1,194
22,735
-
56,058
(54)
56,004
-
56,004
8,811
64,815
-
29
29
-
-
36
357
393
-
-
422
150,830
-
20,610
54
20,664
-
20,664
13,468
34,132
231
214
445
91
200
59
759
1,109
62
62
1,616
173,565
-
76,668
-
76,668
-
76,668
22,279
98,947
-
-
-
-
-
-
-
-
-
-
-
152,209
-
8,536
-
8,536
-
8,536
10,896
19,432

Page 19