ADVENTURE PLAY HUB LIMITED
Company Limited by Guarantee
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity Registra�on Number: 1141000 Company Number: 07325481 (England and Wales)
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ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees Independent Accountant's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements io
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, who are also the directors of the company for the purposes of the Companies Act 2006, present their report and financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's constitution, the Companie5 Act 2006 and the Statement of Recommended Practice- "Accounting and Reporting by Charities" published in 2005. Registered Company Number 07325481 Registered Charity Number 1141000 Registered Office 51-56 St John's Wood Terrace London NW8 6LP 020 7586 1884 Trustees (served during the yearl AM Cascarino Chairperson L Meehan A Anaz G Carpenter Company Secretary Treasurer AM Ca5carino G Carpenter Bankers National Westminster Bank PLC 74 Kilburn High Road London NW6 4HS Independent Accountant l Brierley Avesta Accounting 60 The Marlowes London NW8 6NA
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association. Recruitment and appointment of new trustees The directors, who are also trustees, may be appointed by ordinary resolution of the Board from those directors retiring by rotation or through nomination by memberlsl of the companv, giving not less that fourteen nor more than thirty-five Clear days notice in advance of a general meeting Ifor persons other than a director retiring by rotation). At the first annual general meeting all the directors must retire from office and at each subsequent annual general meeting one third of the directors must retires from office. Retiring directors are eligible for re-election. Directors and trustees are briefed on their responsibilities as trustees prior to the acceptance of the Tole. The board meets as required and all directors and trustees contribute to the efficient and pioper management of the charity. Risk management The trustees have a duty to identify and review the risks to which the chaflty is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. This is kept under review. OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT The Charity's objective, set out in its Articles of Association, is to help children with a view to contributing to their health & well-being, and promoting their recreational, physical and emotional development. The Charity's principle activity is to provide, maintain and manage an Adventure Play Hub, for the benefit of children. A large proportion of its income has come from Westminster City Council, grant-making charities and income from rental of the site, with the balance from affordable fees from parents and guardians of the children. We weltome all children regardless of their personal background or circumstances and believe this phllosophy of openness to all enriches everyone through shared play experience and taking part in a wide range of activities. In planning our activities for the coming year we kept in mind, at our Trustee meetings, the Charity Commission's guidance on public benefit.
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association. Recruitment and appointment of new trustees The directors, who are also trustees, may be appointed by ordinary resolution of the Board from those directors retiring by rotation or through nomination by memberlsl of the companv, giving not less that fourteen nor more than thirty-five Clear days notice in advance of a general meeting Ifor persons other than a director retiring by rotation). At the first annual general meeting all the directors must retire from office and at each subsequent annual general meeting one third of the directors must retires from office. Retiring directors are eligible for re-election. Directors and trustees are briefed on their responsibilities as trustees prior to the acceptance of the Tole. The board meets as required and all directors and trustees contribute to the efficient and pioper management of the charity. Risk management The trustees have a duty to identify and review the risks to which the chaflty is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. This is kept under review. OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT The Charity's objective, set out in its Articles of Association, is to help children with a view to contributing to their health & well-being, and promoting their recreational, physical and emotional development. The Charity's principle activity is to provide, maintain and manage an Adventure Play Hub, for the benefit of children. A large proportion of its income has come from Westminster City Council, grant-making charities and income from rental of the site, with the balance from affordable fees from parents and guardians of the children. We weltome all children regardless of their personal background or circumstances and believe this phllosophy of openness to all enriches everyone through shared play experience and taking part in a wide range of activities. In planning our activities for the coming year we kept in mind, at our Trustee meetings, the Charity Commission's guidance on public benefit.
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Grants, fundraising artivitie5 & donations Young Wostmlnster Brlghter Futures Fund: £19.000 Young Westminster HAF £28,080 Westminster Council grants: £27.910 Strand Parishes Trust.. £6,000 Hyde Park Place Estates Charity: £5,000 The Adventure Playground is extremely grateful to the above funders who, with generosity, make the work possible. lettings The Adventure Play Hub successfully entered into a 5-year licensing agreement with an Early Years provider, who now occupies the space on weekdays from g.'OO AM to 3=00 PM. Additionally, private rental income has been generated through regular bookings for parties and small local group activities. Publicitv The Adventure Play Hub circulates a newsletter to stakeholders, providing updates on activities and events. School holiday programmes were widely promoted via the Ourcity website, ensuring visibility across Westminster. The Hub also maintain5 a dedicated webslte Iwww.adventureplayhub.orgl and active social media presence on platforms such as Twitter and Facebook. The HAF programme continue5 to be promoted through the Ourcity website. Ofsted The Adventure Play Hub is registered with Ofsted on the Childeare Register, ensuring that all childcare piovision meets national standards. In August 2024, the Adventure Play Hub was inspected by Ofsted and was found to be compliant in all areas.
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Play programmes The Adventure Play Hub continues to offer a comprehensive range of year-round services, including after-school care during term lime and full-day programmes during school holidays. Free food and play provision were made available to children eligible for Free School Meals and low-income families through the WCC HAF pro9ramme. Key services and activities include: CommunityAdvenlure Play sessions School pick-up ServIS from local schools After school childcare Volunteering opportunities Inclusive play and short breaks for children with special educational needs and disabilities (SEND) Referrals from Weslminster City Council Children's Social Care, Early Help & Family Hubs HAF provision for children eligible for free school meals School holiday provision for Westminster children Partnerships and Collaborations We are deeply grateful for Ihe ongoing support of the Trustees of the Friends of Octavia and IThe Adventure Play Hub is proud to work with several other key partners- The American School in London.. Students assist in delivering the play programme weekly. Portman Centre.. Referrals from this local Servi support families in need. Westminster Council Short Breaks: Provides funding for one-to-one support packages for disabled children during school holidays. Central Saint Martins UAL.. Art sludenls deliver creative arts projects at the Hub. Young Westminster Foundation.. Offers invaluable support to our operations. Staff & Volunteers The Charity Coordinator, along with the Board of Trustees, oversees the governan of Ihe charity- The Manager is responsible for the day-to-day operations, supported by a Deputy Manager, who also holds the role of SENDCO. The team of sessional Playworkers, volunleers, and partners play a vital role in delivering high-quality services to the community. FINANCIAL REVIEW AND RESERVES POLICY The trustees are satisfied with the performance of the charitable company and with the position of the reserves at the end of the year. It is the policy of the charity to maintain unrestricted funds in the form of net current asset5 at a level which the trustees believe appropriate after tonsidering the future commitment5 of the charity and the likely administrative costs of the charity in the Coming year.
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEE5' RESPON51BILlnES The trustees, who are 3150 directors of the company, are responsible for preparing the trustees, report and the financial statement in accordance with the applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charitable companies in England and Wales requires the trustees of the charity to prepare financial statements each financial year which give 3 true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements the trustees are required to.. Select 5Ultable accounting policies and apply them consistently; Observe the methods and principles in the Charities SORP.. Make judgements and estimates that are reasonable and prudent,. State whether applicable UK Accounting Standards have been followed. Subject to any material departures distlosed and explained in the financial statements, and Prepare the financial statements on the going concern basis unless It is inappropriate to presume the tharitable company will continue in business. The trustees a responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Art. They are also responsible for safeguarding assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The report has been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small companies. BYO OF THE BOAR AM Cascarino, Chairperso 31 january 2026
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee INDEPENDENT ACCOUNTANT'5 REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages 8- 12. Thls report is madè solely to the trustees as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might report to the trustees those matters l am reqUId to report to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or a55ume re5pon5ibility to anyone other than the charity and the charity's trustees for my work or for this report. Respective responsibilities of trustees and examiner The trustees Iwho are a150 director5 of the company for the purpose of company lawl are rest)onsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 43121 of the Charities Act 1991 Ithe 1993 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2(XJ6 and is eligible for independent examination, it is my responsibility to.. èxaminè the accounts undèr sèttion 43 of thè 1993 Art follow the proCedUS laid down in the General Directions given by the Charity Commission - under section 4317llbl of the 1993 Act, and state whether particular matters have come to my attention Basls of Independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion 15 given a5 to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that. in any material respect, the requirements= al to keep accounting records in accordance with section 386 Companies Act 2006.. bl and to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice,. Accounting and Reporting by charities (revised 20051 have not been met., or to which, in my opinion, attention should be drawn in order to enable a proper undèrstandin8 of the accounts to be reached. l Brearley Avesta Accounting
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee STATEMENT OF FINANCIAL ACTIVITIES (incorporating the Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Funds Restricted Funds Total Funds Prior Year Total Fund5 Note Incoming Resour¢es Activities for generating funds- centre hire Charitable achvities- Subscriptions and fees Earned Income Voluntary Income- donations and grants Project Income Interest 31,040 37.381 68,421 86,113 31,040 37,381 68,421 86,113 30,960 40.808 71,768 154,166 9,393 852 1.152 1.152 Total Incoming Resources 155,686 155,686 236,179 Resources Expended Charitable athvities 167.310 1,689 4,189 173,188 5,253 167,310 1,689 4,189 173,188 5,253 181,217 2,342 2,104 185,663 5,773 Cost of generating voluntary income Governance costs Expenditure before Depreciation Depreci3tion Total Resources Expended 178,441 178,441 191,435 Net incoming l outgoing resOUe$ before transfers 122,7551 122,7551 44,743 Total funds brought forward from l April 2024 173,724 173,724 128,981 Total funds carried forward at 31 March 2025 150,969 150,969 173,724 Note.. Net incoming l outgoing reource5 before Depreciation 117,5021 117,5021 50,516 The notes on pages 10- 12 form part of these financial statements 10
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee BALANCE SHEET AS AT 31 MARCH 2025 Note 31 Mar¢h 2025 31 Marth 2024 Fixed Assets Tangible assets 53,114 58,367 Current Assets Debtors Cash at bank 4,827 96,305 4,827 99,953 101,131 104,780 Current Lizbilities Creditor5'. amounts falling due within one year 3,276 110,5771 NET CURRENT ASSETS 97,855 115,357 Creditors.. amounts falling due beyond one year NET ASSETS 150.969 173.724 FUNDS AND RESERVES Unrestrlcted Funds Capital Fund Revenue Fund 53,114 97,855 58,367 115,357 Restricted Funds 150,969 173,724 The charitable cornpany is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019. The members have not required the charitable company to obtain an audit of its financial statement5 for the year ended in accordance with the Section 476 of the Companie5 Act 2006. The trustees acknowledge their responsibilities for: ensurin8 that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial staternents which give a true and fairview of the state of affèirs ol the charitable company a5 èt the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirement5 of the Cornpanies Act 2006 relating to financial statements. 50 far as applicable to the charitable company. These financial statement5 have been prepared in accordance with the special provision ol Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 20081. The notes on pages 10, 11 & 12 form part of these financial statements Appro the Truste nd authorised for Issue on 31 January 2026 and slgned on iheir behalf by.. 11
ADVENTURE PiAY HUB LIMITED Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l Accounting Policie Accounting Policies Basis of accounting The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Report standard for Smaller Entities leffective April 20081, Tequirement5 of the 5tstement of Recommended Practice"Accounting and Reporting by Charitie5" 155ued in March 2005 ISORP 20051 and the Companie5 Act 2006. In¢oming resources Incoming resources are recogni5ed when the charity 15 legally entitled to the income and the amount can be quantified with reasonable accuracy. Tax reclaims are recognised when the corresponding donations are received except where the sums involved are not considered significant. Investment income is included in the accounts when receivable. Voluntary help is invaluable to the charity but is not included in the financial statements, Since the monetary value is impossible to quantify. The value of assets and facilities donated. where impossible to quantify. is not included in the financial statements. Resources expended Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Flxed assets Fixed asset5 are recorded at tD%t, with the exteption of freehold13nd and buildings which is recorded at histori¢al written down value at the date of transfer from St john's Wood Terr3ce Adventure Play8round A5SOti3tion. The cost of minor additions or those c05ting below £200 are not capitslised. Deprec*ation is calculated at r3tes ¢al¢ulated io write off the residual value of each asset over its expected useful life as follows.. Freehold building5 9% reducing balance Taxatio The charity is exempt from corporation tax on its charitsble activities. Funds structure Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor. Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds inclLide designated funds where the trustees, at their discretion, have created a fund for a specific purpose. 12
ADVENTURE PLAY HUB LIMITED Cornpany Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2024125 2023124 2 Analysls of It)tomlng Resources Voluniary 3nd Project Income Donations 3nd appea15 Gr3nt5 and project income 120 41,143 122,416 85,993 86,113 163,559 3 Analysls of Resources Expended Cost of generating voluntary income Staff costs 10,000 500 io,rA)O 500 Adtnini5tr3tive expenses Premises 4,000 4,WO 14,500 14,500 Charitable activitie5 Staff costs 103,345 107,170 Holiday projects and travel Equipment and materials Cleaning Maintenance 3,060 5,091 5,863 20,915 22,603 2,016 5,773 4,870 1,779 17,553 25,263 Administrative expenses Premises Legal and profe55ional costs Depreciation 5,253 158,063 172,490 Govemance costs P3yroll services Accountancy Ofsted Other 3,189 1,000 1,079 1,025 1,689 2,342 5.878 4.446 4 Stsff Cost5 Wages and salaries PAYE and Pension Other 97,491 15,854 100,460 14,239 2,470 113,345 117.170 The average number of employees during the period was 6, more than £60,000 during the period. received remuneration of 13
ADVENTURE PLAY HUB LIMITED Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Freehold Land and Buldin8S 5 Tanglble Flxed Assets C05t Brought Forward 133,919 Carried Forward 133,919 Depreciation Brought Forward Charge for year 75,553 5.253 Carried Forward 80,806 Net Book Value Brought Forward 64,140 Carrled Forward 53,113 2024125 2023124 6 Debtors: Amounts falling due within one year Prepayments and accrued income 4,827 4,827 4,827 4.827 7 Credltors- Amounts falllng due wlthln one year Accrua15 and deferred income 3,276 110,5771 3.276 110.5771 8 Related Party Transactions No trustee, or any person connected to them, has received, or is due to receive, any remuneration for the year, nor obtained and financial benefit, directly or indirectly, from the charity's funds. Trustees are reimbursed costs directly in relation to their roles but there were no other trustees, expenses paid for during the year. 9 Company Limited by Guarantee Every member of the company has undertaken to pay such amount as may be required, not exceeding £10, towards the charitable company's assets on a winding up. 14