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← The Old Quarry Adventure Playground Ltd

2024-12-31-accounts

ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REGISTERED CHARITY NUMBER: 1132807

REGISTERED COMPANY NUMBER: 07032396

Castle View Accounting Ltd Ground Floor Offices

53 High Street Arundel West Sussex BN18 9AJ

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

CONTENTS
Page 3 Legal and Administrative Information
Pages 4 to 9 Report of the Directors'
Page 10 Statement of Financial Activities
Page 11 Balance Sheet
Pages 12 to 21 Notes to the Financial Statements
Page 22 Independent Examiner's Report

2

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER

CHARITY NUMBER 1132807 COMPANY REGISTRATION NUMBER 07032396 DATE OF INCORPORATION 28th September 2009 START OF FINANCIAL YEAR 1st January 2024 END OF FINANCIAL YEAR 31st December 2024 DIRECTORS AT 31ST DECEMBER 2024 Rebekah Blyth Margaret Harris Anna Blight Graham Stokes

GOVERNING DOCUMENT

Memorandum and Articles of Association Incorporated 28th September 2009

OBJECTS

The objects of the Charity shall be the provision of facilities for recreation and other leisure time occupation for Children resident in the Warwick Estate area of Knottingley, being facilities: a ) Of Which Children have need by reason of their youth or social and economic circumstances. b ) Which will improve the condition of life for such Children by promoting their physical, mental and spiritual well-being.

CORRESPONDENT ADDRESS

CORRESPONDENT ADDRESS The Old Quarry Adventure Playground Sycamore Avenue Knottingley West Yorkshire WF11 OPJ PRIMARY BANKERS Barclays Bank Plc Leicester LE87 2BB INDEPENDENT EXAMINERS Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

3

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS'

FOR THE YEAR ENDED 31ST DECEMBER 2024

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2024.

Legal and administrative information set out on page 3 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice – Accounting and Reporting by Charities.

The organisation is a charitable company limited by guarantee, incorporated on 28 September 2009, and registered as a charity on 19 November 2009. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the Board of Trustees are elected with a requirement that one-third retire at each AGM. Retiring trustees are eligible for reelection.

AIM AND PURPOSE

The Charity defines its objects as:

  1. To provide free, open access, staffed play provision for children aged 5-16 years on the Warwick Estate and wider Knottingley area;

  2. To facilitate children’s participation in the development and design of the adventure playground;

  3. To facilitate opportunities for high quality play experiences;

  4. To promote benefits of good inclusive practice nationally;

  5. To maintain a high quality, safe environment for use of community groups;

  6. To support local groups to develop fundraising strategies.

OBJECTIVES AND ACTIVITIES

Whilst planning activities to meet these objectives the trustees have taken into consideration the Charity Commission’s general guidance on public benefit and have undertaken projects in order to achieve these requirements.

OUR WEEKLY ACTIVITIES

Children (Ages 5–12)

4 sessions per week;

Open to children aged 5–12 for local children and families.

Toddlers & Under 5s

Play-focused sessions for children under 5 and their caregivers.

Children with Additional Needs

4

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

Home Educated Children

Tailored play sessions for home-educated children and young people.

Youth Engagement

Regular sessions with a small core group;

Expansion to 1 weekly Youth Club in partnership with another charity, planned for later in the year.

Families and Parents

Older Adults

THIS YEAR WE HAVE CONTINUED TO PROVIDE OUR WEEKLY ACTIVITIES AND OTHER

We continued to operate extended opening hours during school holiday periods, offering free four-hour Adventure Play sessions for local children and young people. These sessions remain a core element of our inclusive, accessible offer and are consistently well-attended.

Community Engagement

We maintain ongoing consultation with children, young people, and their families to ensure our services remain responsive and rooted in community needs. Feedback is gathered regularly through informal conversations, feedback boards, and structured discussions, directly informing our planning and activity design.

Staff Development and Team Planning

5

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

Events and Enrichment Activities

Throughout the year, we delivered a variety of community events and special days, designed to celebrate, connect, and engage the wider community. Highlights included themed play days, cultural celebrations, and seasonal activities.

Staff also represented the playground at the Peddler Market at Tiltyard, Wakefield, raising funds through creative activities including tie-dyeing hats and socks, while promoting our work to a broader audience.

Trips and Residentials

We provided enriching experiences through a series of trips, including:

These outings are crucial in providing new experiences, building confidence, and creating shared memories for children who may not otherwise access such opportunities.

Site Maintenance and Safety

We conducted our annual playground inspection, alongside staff training in playground safety, to ensure our facilities remain secure and well-maintained.

In line with previous years, we undertook a brief closure period to refresh and revitalise the site. This included:

This regular maintenance helps preserve the welcoming, safe, and stimulating environment that is central to our work.

Achievements to Celebrate

Over the past year, our team, volunteers, and community have worked tirelessly to expand and improve our services. Here are some of the key highlights:

Additionally, we were runner-up in the 2024 Business Awards, coming second to St George’s, Lupset. This nomination and recognition is a major source of pride for the whole team.

6

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

i) - A new central heating system;

ii) - Refurbished lighting, kitchen, and toilets;

iv) - These enhancements will ensure a warmer, safer, and more accessible environment for all.

Reach and Participation

We are proud to report significant engagement across all our programmes. In the last year:

Breakdown by Programme:

Programme Children/Young People Parents/Carers
Adventure Play 1,776 671
Home Education 379 274
Baby Group 75 81
Run Riot (SEND) 374 244
Wild Tots (Under 5s) 2,824 2,061
Youth Club 52 N/A

Supporting the Community

i) - Social Services; ii) - WDH Housing; iii) - Cash Wise; iv) - Local schools; v) - Homelessness Charities.

Through the Prosper Together Fund, we offered tailored support to families experiencing crisis and poverty.

7

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

i) - Food parcels; ii) - Furniture and household essentials; iii) - Baby equipment and clothing; iv) - Mattresses, bedding; v) - Transport assistance; vi) - Ready-to-eat meals.

These interventions helped people bridge difficult times with dignity and practical support.

FINANCIAL REVIEW

In the financial year ending 2024, our organisation continued to deliver impactful services to our community, supported by a variety of funding streams and fundraising activities.

We raised a total of £7,607.00 through our Addy Parties, which continues to be a valuable source of income and community engagement.

Our Healthy Happy Holidays programme ran for a second consecutive year, providing nutritious meals and enriching activities to over 900 children during school holidays. This programme remains a cornerstone of our commitment to supporting children's wellbeing during times of increased need.

The Prosper Together initiative also continued into its second year, offering vital support to families living on the edge of poverty. Through practical assistance and guidance, the project has helped to build resilience in some of our most vulnerable households.

Importantly, 2024 marked the final year of our existing core funding. We are pleased to report that we have successfully secured new funding, ensuring the sustainability of our services and enabling us to continue operations for at least the next three years. This funding will allow us to expand on our current work, invest in new initiatives, and continue delivering highquality support where it’s needed most.

Our financial management remains sound, with careful budgeting and strategic planning at the heart of our approach.

RESERVES POLICY

It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level that equates to approximately three months unrestricted expenditure. This provides sufficient funds to cover management and administration costs and to provide funds available for donations to projects as and when required.

RISK MANAGEMENT

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Company Limited by Guarantee and are satisfied that systems are in place to mitigate our exposure to the major risks.

8

THE OLD QUARRY ADVENTURE PLAYGROUND LTD IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS. (Conlinued) FOR THE YEAR ENDED 31ST DECEMBER 2024 STATEMENT OF DIRECTORS. RESPONSIBILITIES The Charibes Act and the Companies Act require the Board of Trustees to prepare financial ststements for aa¢h financial year which give a true and fair view of the stale of affairs of the charity a5 at the end of the financial ye8r 8nd of the Surplus or deficit of the charfty. In prepariThJ Ihose financial ststements the Board is requi￿ to:_ Select Sulfa￿e acc(MJntiThJ then apFty them COTtsiStenty. b} Make judgements and estimates that are rea￿a￿a and prudent Prepare the financkil slalements the wing concern basi5 unless it 1$ inappropriate lo presume that the ¢h8rity %wll continue in busirss: d} stste whelher applicable accountirKJ stsrthrds and state￿￿nIS of ro¢<>mmended practice have been folk)wed subiecl to any material departLres disd¢xed atxl expi8ined in the financial statements. The Directors are also responsible for maintaining adequale accounting records ¥thich disc105e wrth reasonable accuracy at any time the financial posrtion of the chartty and which are sufficnt lo show and eX￿aIn the char¢tys transactions and gnal)le thern to ensure that thè financial statements compty with Companies Acl 2006 and comply with regulations made undèr the Charitie5 Act. They are also resM￿sitIe for safeguardiThJ the 8$sets of the charTty and hence for taknng reasonable step5 for the prevention and dete￿￿n of fraud and other irre9ularibes. The D1￿CtorS are also responsible for the e(Mrtents of the Oireclors. rew)rt and the re5[￿$1b11ity of the independent examiwr in relation to the Directors. rèport is limrted to examinirKJ the rèport aThJ ensuriThJ that on the face of th8 reporL thore are no inconsistencies wrth the figures disch)sed in the ffinanckal $tsternent& These accounts have b88n prepared in aCCordar￿e wilh th8 pmM"si(Th ap￿￿￿e to compan￿$ subj8ct to the small companies regime. l approve the attached ststement of financial athitie$ 8nd baL7r￿￿ sheet for the ￿ar èrKJed 31st December 2024 and confirm that I have made availab￿ all infomi8lion necessary for ils preparab"on. Approved by the Directors on the .... Signed or¢ their behalf by Director .....-.-.. -...... Printed Nam$=

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

(Incorporating Income & Expenditure Account)

Notes
INCOMING RESOURCES
Income Resources from Generated Funds
Donations & Legacies
3a
Investment Income
3b
Activities for Generating Funds
3c
Other Incoming Resources
3d
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of Generating Funds
Cost of Charitable Activities
4a
Cost of Generating Funds
4b
Governance Costs
4c
TOTAL RESOURCES USED
NET INCOMING/(OUTGOING) RESOURCES
Balance Brought Forward
Transfer Between Funds
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
23,057
263,094
286,151
243,315
-
38
38
-
63,640
-
63,640
55,678
-
-
-
1
86,697
263,132
349,829
298,994
48,620
207,257
255,877
264,921
40,910
25,892
66,802
37,235
3,730
-
3,730
5,227
93,260
233,149
326,409
307,383
(6,563)
29,983
23,420
(8,389)
114,622
80,163
194,785
203,174
(42)
42
-
-
108,017
110,188
218,205
194,785

Movements on all reserves and all recognised gains and losses are shown above. All of the charity's operations are classed as continuing.

The notes on pages 12 to 21 form part of these financial statements.

10

THE OLD QUARRY ADVENTURE PLAYGROUND LTD IA COMPANY Um￿ED BY GUARANTEE BALANCE SHE AS AT 31ST DECEMBER 2024 Unrestricled Funds Re5trKted Funds TOTAL 31-D•c-24 TOTAL 31-Dec-23 Not•s Fixed A5￿ts rangl￿e Assets Investments 19,327 19.327 8,100 19,327 19,327 8.100 Curr•nt As•ets Dèbtors & Prepayments Cash al Bank and in Hand Total Curront A$￿tts 19.928 168,202 188,130 90,256 90.256 110,188 110.188 200,444 200.444 Cr•dltors: Amounts due wiihin one y&8r 1.445 NET CURRENT A&8ETS 110.188 198,878 186.685 TOTAL ASSETS less ¢urrent liabil￿eS 108.017 110.188 218.205 194,785 Cr•dltors: Long Temi LiabilIt￿S 10 NET ASSETS 108,017 110.188 218.205 194.785 Funds ofth• Charity General Funds Restrict8d FurKI$ 108.017 108.017 110.188 114,622 80,163 110.188 Total Funds 108.017 110.188 218.205 194.785 Dlr•etors' R•sponslbilllles: The Directors are satisfied th8t for the year ended on 31st D￿mber 2024 the charilable company was entitled to exemption from the requirèment to obtsin an audit und•r ￿tiOn 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audrt of rt5 accounts for Ihe year in question in a¢¢ordance wth section 476 of the Act However. in accordance with sectK)n 145 of the Charilies Act 2011, the accounts have been examined by an IndeFnd8nt Examiner whose rewl appears ￿ page 22. The Directors acknow their responsit¥lty for complwng with the requirements of the Companies Act 2006 with respect to accounting records and the prep8ratK>n of account& The accounts have been prepared in accordance 7Mth the provisions in Part 15 of the C<Knp8n*s Act 2C4)6 applicable to companies subject to the Small compan￿$ regime in ￿COrdanCE with Financial Reportir4J StsThJard appliCa￿e in the UK and Republic of Ifeland IFRS1021. The Directors acknowlédge their responsibilty for ensuriThJ that the company k88ps proper accounting records which compty with section 386 of the Act and for p￿pAnn9 financial statements which gNe 8 Irue and fair view of the stsle of affairs of the company as at the end of the financial year and of its profft and loss for the financial year in aecord8n¢e with the requii&mènts of sections 394 and 395 and which olheTh4ise compty wrth the requirements of the ComptynN?s Act 2006 relating to aCc￿nts. so far as appli¢alAe to the company. Approved by the Directors on the .... . ...... . Signèd on their beha￿ by Oirector....... Printed Name..

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the trustees are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

12

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES (Continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, eg allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage.

Pensions

The Charity operates a define contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the financial period. Pension contributions are charged to the Statement of Financial Activities as they become payable.

Taxation

The charity is exempt from tax on its charitable activities.

Legal Status of the Charity

The charity is a 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 £1 per member of the charity.

Fixed Tangible Assets

Tangible fixed assets for use by the charity, these are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance basis over their estimated useful lives. The rates applied per annum are as follows:

Play Equipment 10% Straight Line Bass Office Equipment 33.33% Straight Line Bass Café Equipment 20% Straight Line Bass Refurbishment Costs 10% Straight Line Bass

A full year's depreciation is charged in the year of purchase.

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

13

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

2. TANGIBLE FIXED ASSETS

Cost
01-Jan-24
Additions
Net Book Value at
31-Dec-24
Depreciation
01-Jan-24
Charge
Depreciation at
31-Dec-24
Net Book Value
31-Dec-24
Net Book Value
31-Dec-23		 Play
Office
Café
Refurb
Total
Equipment
Equipment
Equipment
Costs
2024
£
£
£
£
£
28,696
1,655
3,175
17,943
51,469
-
-
-
15,783
15,783
28,696
1,655
3,175
33,726
67,252
27,638
1,655
3,050
11,026
43,369
1,058
-
125
3,373
4,556
28,696
1,655
3,175
14,399
47,925
-
-
-
19,327
19,327
1,058
-
125
6,917
8,100

The annual commitments under non-cancelling operating leases and capital commitments are as follows:

31st December 2024: None

31st December 2023: None

14

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

3. INCOMING RESOURCES

Notes
a) Donations & Legacies
Grants & Donations
5
b) Investment Income
Interest
c) Activities for Generating Fund
Bingo Income
Entry Fees
Fundraising & Events
Kitchen & Cafe Income
Party Deposits
Raffle Income
Rental Income
d) Other Incoming Resources
Other Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
23,057
263,094
286,151
243,315
23,057
263,094
286,151
243,315
-
38
38
-
-
38
38
-
1,097
-
1,097
515
15,993
-
15,993
15,070
1,311
-
1,311
2,313
29,444
-
29,444
25,840
7,607
-
7,607
7,303
5,351
-
5,351
3,899
2,837
-
2,837
738
63,640
-
63,640
55,678
-
-
-
1
-
-
-
1

15

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

4. RESOURCES EXPENDED

Note
a) Costs of Charitable Activities
Bank Charges
5
Consumables
Depreciation Expenses
Equipment Costs
5
Insurance Costs
5
License & Subscriptions
Office Costs
Repairs & Maintenance
5
Running Costs
Staff Costs
5 & 9
Staff Expenses
Sundry Expenses
5
Telephone Costs
5
Training Costs
Travel & Subsistence
Utility Costs
5
Waste Collection
5
b) Cost of Generating Funds
Activities & Events
5
Bingo Costs
Food & Coffee Costs
5
Raffle Costs
c) Governance Costs
Independent Examiners Fee
9
Legal & Professional Fees		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
566
134
700
730
3,255
-
3,255
24,153
4,556
-
4,556
5,781
2,624
374
2,998
-
-
4,193
4,193
4,052
609
-
609
572
1,701
-
1,701
3,906
6,384
2,859
9,243
5,394
3,981
-
3,981
9,612
20,012
185,131
205,143
192,067
947
-
947
1,055
2,207
100
2,307
672
259
815
1,074
1,009
722
-
722
304
797
-
797
1,055
-
10,982
10,982
9,645
-
2,669
2,669
4,914
48,620
207,257
255,877
264,921
8,992
19,651
28,643
6,160
12
-
12
-
30,043
6,241
36,284
30,086
1,863
-
1,863
989
40,910
25,892
66,802
37,235
1,380
-
1,380
1,170
2,350
-
2,350
4,057
3,730
-
3,730
5,227

16

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR

Ardagh Glass & TK Maxx
Big Lottery
Children in Need
Freemasons
Garfield Weston 2025
Happy Healthy Holidays
Henry Smith
Henry Smith 2025-2027
HHH Easter & Summer 2024
Prosper Together Fund 2023/24
Tudor Trust
Tudor Trust 2024
Youth Investment Fund		 Balance
Balance
01-Jan-24
Income
Expenditure
Transfers
31-Dec-24
£
£
£
£
£
-
10,500
-
-
10,500
11,665
75,196
105,577
18,750
34
2,202
20,966
21,908
(1,233)
27
1,500
-
-
(1,500)
-
-
40,000
-
-
40,000
-
-
-
-
-
12,082
15,000
27,069
(13)
-
-
27,500
-
-
27,500
-
20,825
20,823
(2)
-
10,925
11,500
9,532
-
12,893
12,456
-
12,438
(18)
-
29,333
-
29,174
(159)
-
-
41,645
6,628
(15,783)
19,234
80,163
263,132
233,149
42
110,188

PREVIOUS FINANCIAL YEAR

Big Lottery
Children in Need
Freemasons
Happy Healthy Holidays
Henry Smith
Prosper Together Fund
Prosper Together Fund 2023/24
Tudor Trust
Tudor Trust 2024		 Balance
Balance
01-Jan-23
Income
Expenditure
Transfers
31-Dec-23
£
£
£
£
£
32,031
75,100
76,716
(18,750)
11,665
14,866
29,800
41,988
(476)
2,202
1,500
-
-
-
1,500
-
17,993
17,352
(641)
-
19,684
30,000
37,602
-
12,082
11,000
-
10,269
(731)
-
-
10,925
-
-
10,925
16,210
30,000
33,754
-
12,456
-
29,333
-
-
29,333
95,291
223,151
217,681
(20,598)
80,163

The restricted funds held are wholly represented by the Charity's cash reserves and are to be expended as specified above.

17

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

5. RESTRICTED FUNDS Continued)

Purposes of the Restricted Funds:

Freemasons - Building Maintenance

Henry Smith - Staff Salaries

Tudor Trust - Staff Salaries

Youth Investment Fund - Capital Building Work

Children in Need - Staff, Events & Equipment

Big Lottery Reaching Communities - General Running Costs & Salaries for Adventure Playground

The restricted funds held are wholly represented by the Charity's cash reserves and are to be expended as specified above.

18

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

6. INVESTMENTS

The Charity held no fixed assets investments during this or the previous financial year.

7. DEBTORS AND PREPAYMENTS

Grants Due
8. CASH AT BANK AND IN HAND
Cash at Bank and in Hand		 Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
-
-
-
19,928
-
-
-
19,928
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
90,256
110,188
200,444
168,202
90,256
110,188
200,444
168,202

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Independent Examiners Fee
Sundry Creditors		 Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
1,380
-
1,380
1,170
186
-
186
275
1,566
-
1,566
1,445

10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The Charity held no long term liabilities during this or the previous financial year.

11. NET ASSETS BETWEEN FUNDS

Fixed Asset Investments
Net Current Assets
Long Term Liabilities		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
31-Dec-24
31-Dec-23
£
£
£
£
19,327
-
19,327
8,100
88,690
110,188
198,878
186,685
-
-
-
-
108,017
110,188
218,205
194,785

19

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES

The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1132807 and is not, therefore, subject to Corporation Tax and does not have a Share capital.

Profit / (Deficit) for the financial year
Other Recognised Gains
Balances Brought Forward
Closing Funds at 31st December 2024
12. STAFF COSTS AND NUMBERS
Gross Wages and Salaries
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Activities in furtherance of organisation's objects		 TOTAL
2024
£
23,420
-
23,420
194,785
218,205
TOTAL
2024
£
189,625
12,227
3,291
205,143
TOTAL
2024
15		 TOTAL
2023
£
(8,389)
-
(8,389)
203,174
194,785
TOTAL
2023
£
180,218
9,309
2,540
192,067
TOTAL
2023
15

The Charity operates a PAYE scheme to pay all members of employed and no employees received emoluments in excess of £60,000. (2023:None)

20

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

13. PAYMENTS TO DIRECTORS AND RELATED PARTIES

During the financial year Mr Luke Isles (Son of Trustee Mrs Rebecca Blyth) received £5,459 (2023:£5,531) in salary related payments in his capacity as Playworker for The Old Quarry Adventure Playground Ltd in furthering of the Charity's objects. All conflicts of interest have been identified, documented and managed in accordance with the Charity's Governing Document.

No other payments were made to directors or any persons connected with them during this financial year. No other material transaction took place between the charity and a director or any person connected with them.

14. RISK ASSESSMENT

The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

15. RESERVES POLICY

The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.

16. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

21

THE OLD QUARRY ADVENTURE PLAYGROUND LTD

(A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/ members of The Old Quarry Adventure Playground Ltd on the accounts for the year ended 31st December 2024 set out on pages 10 to 21.

Respective responsibilities of trustees and examiner

The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-

a) examine the accounts under section 145 of the Act;

b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;

c) to state whether particular matters have come to my attention.

Basis of independent examiner's statement

I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect, the trustees requirements:

  2. to keep accounting records in accordance with section 386 of the Companies Act 2006; and

· to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities.

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

Date: 26th September 2025

22