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2023-03-31-accounts

Registered company number 6950288 Charity number 1132510

Parks for Play

Report and Unaudited Accounts

31 March 2023

Parks for Play Reference and Administrative Details

Directors

Amanda Bradley Laura Watts Charlotte Bull Hazel Bradley Kim Roden Valerie Hamilton (appointed 2nd July 2023) Eleanor Taylor (appointed 2nd July 2023) Shoma Akhtar (resigned 5th July 2023) Sherri Zakariyyau (resigned 27th July 2022)

Registered office

Coronation Road Play Centre Coronation Road Selly Oak Birmingham B29 7DE

Registered company number

6950288

Registered charity number

1132510

Bankers

Unity Trust Bank plc Nine Brindley Place Birmingham B1 2HB

1

Parks for Play Registered company number:6950288 Registered charity number: 1132510 Trustees' Report

The Trustees, who are Directors for the purposes of company law, present the annual report and unaudited accounts of the charitable company for the year ended 31 March 2023.

Objectives and activities

The objectives of the charitable company are:

Summary of main activities and achievements of the charity in relation to its objects

Parks for Play is a unique charity created by parents, play and youth experts in 2004 to provide inclusive play and youth sessions prioritizing children and young people at risk of isolation. Parks for Play offers a variety of provision ; Scamps club (under sevens) and Smart club (over sevens), Source (over twelves) and Source (over sixteens). Inclusive play and youth services are offered on weekends and during the holidays supporting regular beneficiaries, local disabled children and young people and often their siblings. The charity also makes space for emergency referrals from various specialist organizations and expands to take on larger numbers in the holidays.

Session planning puts children and young people with the highest individual needs at the centre of practice led by experienced, continuously trained and qualified staff. The practitioner team work hard to include all the children and young people most in need and meet their diverse individual development needs by customizing and extending their play and leisure opportunities. Most children and young attending Parks for Play rely on the charity to access shared play and leisure and to develop friendships in their own communities, outside of specialist school provision, which may be located far from their home.

Public benefit

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011, and have referred to and taken due regard to the Charity Commission guidance on public benefit. They consider the charity's activities are for the public benefit due to the nature of the inclusion and community work with children of all abilities provided by the schemes run by Parks for Play.

Financial review

The Statement of Financial Activities shows net outgoing resources for the year of £16,710 (2022: net incoming resources £2,465). There were no incoming or outgoing resources of a capital nature.

The total and free unrestricted reserves at the year end of 31 March 2023 stand at £1,387 (2022: £8,453).

Policy on reserves

The board annually reviews the amount of reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligations. The reserves set aside provide financial stability and the means for the continuation of our activities in the coming financial year. The Trustees aim to keep at least 2 months' worth of operating costs as reserves whilst ensuring there are always funds to cover redundancy costs . Redundancy costs remain nominal under 50% of a month's operating costs due to part time positions.

2

Parks for Play Registered company number:6950288 Registered charity number: 1132510 Trustees' Report

Availability and adequacy of assets of each of the funds

The board of Trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Plans for future periods

During this year, the charity opened a new short morning service called Sprouts on weekends and in the holidays specifically targeting younger children with additional needs. This was to ensure that the move to a new base which has not excluded previous users of the charity, transitions to offering more services rooted in the new locality . The charity has created more services such as community open days to make maximum use of the new delivery base. There was a change to the infrastructure to provide more management responsibility for the building and the quality of services provided. The charity is hoping to build on these changes in the coming year, with potential expansion into services for young adults. Due to the level of refurbishment required to the new premises, there are ongoing discussions with the landlords regarding the rental terms and level of investment required.

Trustees

The trustees serving during the year and since the year end were as follows:

Amanda Bradley Laura Watts Charlotte Bull Hazel Bradley Kim Roden Valerie Hamilton (appointed 2nd July 2023) Eleanor Taylor (appointed 2nd July 2023) Shoma Akhtar (resigned 5th July 2023) Sherri Zakariyyau (resigned 27th July 2022)

Structure, governance and management

Nature of governing document

The Charity is a company limited by guarantee and does not have share capital. The company was incorporated on 2nd July 2009 and was registered as a charity on 6th November 2009. The Charity is registered with the Charity Commission and is a company incorporated in England and Wales, and it is governed by the Articles of Association.

Recruitment and appointment of Trustees

Following the appointment of four new Trustees in January 2022, and an additional two in July 2023, the Trustees continue to explore new possible board members. Many of the charity's Trustees have disabled children which can sometimes impact on their availability and capacity, but their experience and perspective are considered crucial. Parks for Play's ethos and policies have always been well discussed and established the roots to guide future development. The charity intends to further increase the number of Trustees so that there is always sufficient capacity for prompt response and to broaden the existing skills base.

On their appointment Trustees undergo induction and have access to personal support to review Parks for Play's work, policies and procedures, financial management and consider their rights and responsibilities. Further training and mentoring are undertaken by Trustees if required.

Organisational structure and decision making

The charity is managed by a Board of Directors who are also Trustees. Managers are appointed by the Trustees to oversee all service delivery staff and financial management. Fundraising development and governance support are partly funded and partly donated to the charity.

3

Parks for Play Registered company number:6950288 Registered charity number: 1132510 Trustees' Report

Risk management

The Trustees actively and regularly review the major risks which the charity faces. These risks are recorded on a Risk Register which, combined with risk assessments, enable the charity to effectively manage and mitigate risk.

Statement of Directors' and Trustees' Responsibilities

The Trustees, who are also the Directors of the company for the purposes of company law, are responsible for preparing the annual report and unaudited accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting

Company law requires the Trustees to prepare accounts for each financial year. Under that law the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Approved by the board of Trustees on 20 December 2023 and signed on its behalf by:

Laura Watts Director and Chair of Trustees

4

Parks for Play Independent Examiner's Report to the Trustees of Parks for Play

Respective responsibilities of charity Trustees and Examiner

The Trustees (who are also the Directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent Examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that:

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.

Carmel Verboom ACMA CGMA Chartered Management Accountant

2 Partridge Lane Callow Hill Redditch B97 5YP

20 December 2023

5

Parks for Play Statement of Financial Activities incorporating an Income and Expenditure Account for the year ended 31 March 2023

Current year
unrestricted
funds
Notes
2023
Income from
Donations
3
500
Charitable activities
3
13,230
Grant income
3
3,000
Total income
16,730
Expenditure on
Charitable activities
4
(29,042)
Total expenditure
(29,042)
Net (expenditure)/income for the year
(12,312)
Transfers between funds
7
5,246
Net (expenditure)/income after transfers
(7,066)
Net movement in funds
(7,066)
Reconciliation of funds
Total funds brought forward
8,453
Total funds carried forward
1,387
Current year
restricted
funds
2023
-
-
104,868
104,868
(109,266)
(109,266)
(4,398)
(5,246)
(9,644)
(9,644)
13,745
4,101
Current year
total funds
2023
£
500
13,230
107,868
121,598
(138,308)
(138,308)
(16,710)
-
(16,710)
(16,710)
22,198
5,488
Prior year
total funds
2022
£
3,185
31,455
93,940
128,580
(126,115)
(126,115)
2,465
-
2,465
2,465
19,733
22,198

6

Parks for Play Statement of Financial Activities incorporating an Income and Expenditure Account for the year ended 31 March 2022

Current year
unrestricted
funds
Notes
2022
Income from
Donations
3
3,185
Charitable activities
3
31,455
Grant income
3
6,365
Total income
41,005
Expenditure on
Charitable activities
4
(30,505)
Total expenditure
(30,505)
Net (expenditure)/income for the year
10,500
Transfers between funds
7
(21,780)
Net (expenditure)/income after transfers
(11,280)
Net movement in funds
(11,280)
Reconciliation of funds
Total funds brought forward
19,733
Total funds carried forward
8,453
Current year
restricted
funds
2022
-
-
87,575
87,575
(95,610)
(95,610)
(8,035)
21,780
13,745
13,745
-
13,745
Current year
total funds
2022
£
3,185
31,455
93,940
128,580
(126,115)
(126,115)
2,465
-
2,465
2,465
19,733
22,198
Prior year
total funds
2021
£
6,759
5,190
121,524
133,473
(123,445)
(123,445)
10,028
-
10,028
10,028
9,705
19,733

7

Parks for Play Registered company number: 6950288 Balance Sheet as at 31 March 2023

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
6
Net current assets
Net assets
Funds of the charity
Profit and loss account
Total funds
2023
£
6,988
(1,500)
5,488
5,488
5,488
5,488
2022
£
22,948
(750)
22,198
22,198
22,198
22,198
2022
£
22,948
(750)
22,198
22,198
22,198
22,198
22,198
22,198
22,198

The Trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

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

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

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Laura Watts Director and Chair of Trustees Approved by the board on 20 December 2023

8

Parks for Play Notes to the Accounts for the year ended 31 March 2023

1 Charity status

The Charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the Trustees is liable to contribute an amount not exceeding one pound towards the assets of the Charity in the event of a liquidation whilst he or she is still a member or within one year thereafter.

The address of its registered office is: Coronation Road Play Centre Coronation Road Selly Oak Birmingham B29 7DE

2 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

Parks for Play meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in £ Sterling, its functional currency and rounded to the nearest £.

The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.

Incoming resources

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Deferred income

In accordance with the SORP, grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are shown as creditors in the accounts.

9

Parks for Play Notes to the Accounts for the year ended 31 March 2023

Recognition of liabilities

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants awarded are included in the statement of financial activities when approved by the trustees and agreed with the recipient. The value of grants unpaid at the year end is accrued. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Finance and operating leases

Rentals payable in respect of operating leases where substantially all benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities when incurred.

Fund structure

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the Trustees in furtherance of the objectives of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.

Pensions

The Charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the Charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the period when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

10

Parks for Play Notes to the Accounts for the year ended 31 March 2023

Financial instruments

The charity only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value.

3
Income
Unrestricted
funds
2023
£
Donations
500
Charitable activities
Session, Venue and Other Income
13,230
Grant income
BCC Short Breaks (Dens of Equality)
Children in Need (Small Grants)
Fit for All (Children's Quarter)
Commonwealth Games
Comic Relief community fund
Small Grants
3,000
3,000
Total income
16,730
4
Expenditure
Unrestricted
funds
2023
£
Direct charitable costs
Salaries & pensions
3,000
Other staff costs
-
Specialist staff training
903
Volunteer exps & police checks
202
Play venue costs
989
Publicity & printing
-
Play session resources
93
Play workshops
-
Play session transport
-
Venue projects & maintenance
18,707
23,894
Restricted
funds
2023
£
-
-
55,955
10,060
24,946
-
13,907
-
104,868
104,868
Restricted
funds
2023
£
93,272
932
105
96
1,507
40
7,609
-
-
3,620
107,181
Total
funds
2023
£
500
13,230
55,955
10,060
24,946
-
13,907
3,000
107,868
121,598
Total
funds
2023
£
96,272
932
1,008
298
2,496
40
7,702
-
-
22,327
131,075
Total
funds
2022
£
3,185
31,455
66,930
9,282
1,393
9,970
-
6,365
93,940
128,580
Total
funds
2022
£
90,305
651
1,423
99
879
164
3,512
1,109
35
20,499
118,676

11

Parks for Play Notes to the Accounts for the year ended 31 March 2023

Support and governance costs for charitable activities
Premises costs & office rent
2,503
-
Office & administration expenses
630
13
Telecommunications & internet
270
448
Insurance
-
1,613
Bank charges
72
-
Other expenses
923
11
Accounts & examination
750
-
5,148
2,085
Total expenditure on charitable
activities
29,042
109,266
5
Staff costs & emoluments
Gross salaries
Pension costs
Average number of full time employees of full time equivalents
Engaged on charitable activities
2,503
643
718
1,613
72
934
750
7,233
138,308
2023
£
95,022
1,250
96,272
4
2,594
591
376
1,235
301
1,592
750
7,439
126,115
2022
£
76,654
13,651
90,305
4

There were no employees with emoluments in excess of £60,000 per annum

Trustees received no remuneration for their services. Trustees claimed expenses during the period of £nil (2022: £nil)

6 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Accrued expenses
2023
£
1,500
2022
£
750

7 Funds

Individual fund details
Balance at
1 April 2022
£
Restricted funds
BCC Short Breaks (Dens of Equality
-
Children in Need (Small Grants)
4,884
Fit for All (Children's Quarter)
-
Commonwealth Games
8,861
Comic Relief community fund
-
13,745
Unrestricted funds
8,453
8,453
Total funds
22,198
Movement
in fund
£
(23,083)
(8,142)
20,699
(4,159)
10,286
(4,399)
(12,312)
(12,312)
(16,711)
Transfers
Balance at
31 March 2023
£
£
23,083
-
7,358
4,100
(20,699)
-
(4,702)
-
(10,286)
-
(5,246)
4,100
5,246
1,388
5,246
1,388
-
5,488
Transfers
Balance at
31 March 2023
£
£
23,083
-
7,358
4,100
(20,699)
-
(4,702)
-
(10,286)
-
(5,246)
4,100
5,246
1,388
5,246
1,388
-
5,488
4,100
1,388
1,388
5,488

12

Parks for Play Notes to the Accounts for the year ended 31 March 2023

Analysis of movement in funds
Incoming
resources
£
Restricted funds
BCC Short Breaks (Dens of Equality
55,955
Children in Need (Small Grants)
10,060
Fit for All (Children's Quarter)
24,946
Commonwealth Games
-
Comic Relief community fund
13,907
104,868
Unrestricted funds
16,730
16,730
Total funds
121,598
Individual fund details
Balance at
1 April 2021
£
Restricted funds
BCC Short Breaks (Dens of Equality
-
Children in Need (Small Grants)
-
Fit for All (Children's Quarter)
-
Commonwealth Games
-
Comic Relief community fund
-
-
Unrestricted funds
19,733
19,733
Total funds
19,733
Analysis of movement in funds
Incoming
resources
£
Restricted funds
BCC Short Breaks (Dens of Equality
66,930
Children in Need (Small Grants)
9,282
Fit for All (Children's Quarter)
1,393
Commonwealth Games
9,970
Comic Relief community fund
-
87,575
Unrestricted funds
41,005
41,005
Total funds
128,580
Outgoing
resources
£
(79,038)
(18,202)
(4,247)
(4,159)
(3,621)
(109,267)
(29,042)
(29,042)
(138,309)
Movement
in fund
£
(21,780)
4,884
-
8,861
-
(8,035)
10,500
10,500
2,465
Outgoing
resources
£
(88,710)
(4,398)
(1,393)
(1,109)
-
(95,610)
(30,505)
(30,505)
(126,115)
Deferred
Movement
income
in fund
£
£
-
(23,083)
-
(8,142)
-
20,699
-
(4,159)
-
10,286
-
(4,399)
-
(12,312)
-
(12,312)
-
(16,711)
Transfers
Balance at
31 March 2022
£
£
21,780
-
-
4,884
-
-
-
8,861
-
-
21,780
13,745
(21,780)
8,453
(21,780)
8,453
-
22,198
Deferred
Movement
income
in fund
£
£
-
(21,780)
-
4,884
-
-
-
8,861
-
-
-
(8,035)
-
10,500
-
10,500
-
2,465
Movement
in fund
£
(23,083)
(8,142)
20,699
(4,159)
10,286
(4,399)
(12,312)
(12,312)
(16,711)
13,745
8,453
8,453
22,198
Movement
in fund
£
(21,780)
4,884
-
8,861
-
(8,035)
10,500
10,500
2,465

13

Parks for Play Notes to the Accounts for the year ended 31 March 2023

8 Analysis of net assets between funds

at 31 March 2023
Current assets
Current liabilities
at 31 March 2022
Current assets
Current liabilities
Unrestricted
funds
£
2,888
(1,500)
1,388
Unrestricted
funds
£
9,203
(750)
8,453
Restricted
funds
£
4,100
-
4,100
Restricted
funds
£
13,745
-
13,745
Total
funds
£
6,988
(1,500)
5,488
Total
funds
£
22,948
(750)
22,198

Details of Restricted Funds:

BCC Short Breaks (Dens of Equality): This funding has been the bedrock of the agency supporting weekend and holiday delivery and partial funding of key managing and fundraising roles.

Commonwealth Games: The fund has been awarded to projects in Coventry, Solihull, Birmingham and the Black Country to support the creation of a wide range of inclusive opportunities to help people get active in their local streets and parks.

Fit for All (Children's Quarter): Fit for All is an ongoing Children's Quarter programme in which community groups, schools, charities, and volunteers work together cooperatively to create inclusive school holiday opportunities for disabled and vulnerable children and young people in Birmingham - particularly those who are eligible for Free School Meals. The programme is grant funded by Street Games in Birmingham with HAF (Holiday Activity Funding) from central government.

Children in Need (Small Grants): This funding supports an inclusive youth provision which is seen as life saving for some families who have watched their young people regress through isolation and lose confidence around leaving home and face to face communication.

Comic Relief community fund: This has provided support with repairs and maintenance of the building from which the charity operates.

9 Share capital

The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

14