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2023-12-31-accounts

Annual Report

Ray’s Playhouse Limited Unaudited Financial Statements For the year ended December 31, 2023

Registered Charity 1142275 Company Registration number 07489085

Table of Contents

Table of
Contents
Objectives of the charity 1
Chair’s report - the year in review 2
Fundraising report 4
Grants and impact 5
Projects 7
Financial review 8
Structure, Governance and Management 9
Reference and administrative information 10
Trustees Responsibilities 11
Independent Examiner’s Report 13
Statement of Financial Activities 15
Balance sheet 16
Notes to the Accounts 18-24

Trustees Report

Objectives of the charity

The Trustees have pleasure in presenting their report and financial statements of the Charity for the year ended 31st December 2023

The objectives of Ray’s Playhouse are:

nonprofit while keeping readers nonprofit while keeping readers

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

1

Trustees Report

The year in review

Ray’s Playhouse is a vibrant and welcoming early years stay and play centre located in South Fulham welcoming parents-carers and under 5's. The centre is not just a physical space but a warm and welcoming community and supportive network.

Ray’s had a strong start to 2023 with many repeat and new families attending our activities and services. We were full to capacity on many days, welcoming up to 40 families. Numbers stayed pretty much consistent throughout the year with another exceptionally busy Summer programme. We continued to offer free places to those who needed this benefit, including one of the Ukranian families who were still residing in the Borough. Summer HighlightOur family Easter, Christmas and Halloween events were so popular that Remember to include relevant we had to run two events consecutively to cater for demand. information that can promote your

nonprofit while keeping readers Many under-5 provisions had sadly interested in your amazing work. closed permanently post Covid and those that had resumed face-to-face activities were holding very small and prescriptive groups, pre-bookable only sessions. This made the flexible and inclusive offering at Ray’s very popular.

We were still seeing an increase in young children with developmental delays and spent time helping with referrals to specialist services within the Borough.

We were successful in obtaining a grant from John Lyons Foundation to fund a Speech & Language Therapist for a year from September 2023. The SLT attended twice a week – once to assess at our Stay & Play and then once to help small groups with focussed SLT. This was exceptionally popular and we started having referrals from the local Health Visitor clinic. We also ran ad hoc specialist interventions over the year such as pro-bono visits from a sleep consultant.

We help two special ‘Living World’ projects where we hatched chickens from eggs (The Happy Chick Company). This was very popular with children and families, giving children the opportunity to learn about life cycles and Autumn Highlightunderstanding the world around them. We did a similar thing with caterpillars, Remember to include relevantwatching them turn into butterflies and information that can promote yourreleasing them into the Ray’s garden. Both these projects were funded by nonprofit while keeping readers donations. interested in your amazing work.

Sadly, at the same time as enforcing a rent increase, our long-standing funding from the London Borough of Hammersmith & Fulham, to provide two afternoon sessions for them, was cut. This was for the Tuesday small group and the Wednesday baby group sessions. We were lucky to find funding from Thomas Schools Foundation to cover the majority of the cost to keep the Tuesday session up and running but sadly the Wednesday session has stopped until we can find funding; we are awaiting the outcome of a Small Grant from LBHF.

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

2

Our Centre Manager went on Maternity Leave in February 2023 and we appointed an Interim Manager who was already working part-time with us. There was a good hand-over with a smooth transition of roles.

Our staff team was strong and consistent throughout the year with several opportunities for career development, including an NVQ level 2 for which we provided the mentor. We reviewed, revised and added to our Policy bundle.

With the increased numbers of families, registering and attending Ray’s, there was an investment made in new IT equipment for the office, updated programmes, on-line booking system and donation button and a move to digital registration forms and daily sign-in sheets, to make the service more streamlined and data driven.

We continued to distribute Foodbank and Rose Vouchers to those families who used or asked for referrals to the services.

As well as working in partnership with professionals from Health, Social Care and Education, Facilitators from the It’sSummer Highlight All About Me Project and our Early Years staff, Parents & Carers have received Remember to include relevant assistance from those working around information that can promote your home and child safety, job searches, first aid training, dentists and volunteeringnonprofit while keeping readers opportunities. interested in your amazing work.

The venue was, once again in demand for rentals for both weekend children’s parties and mid-week for local services such as Residents and Housing Officer pre-booked appointments and Jepson House Residents Meetings. The hourly rate of hire had not been raised for eight years, so a review took place looking at demand, market value and our nowhigher out costs.

We had worried that the local openings of the new Community Centre space and revamped CAS Halls would impact our rental sales but they have stayed strong throughout the year.

Claire Larnder

Claire Larnder Chair

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

3

Fundraising Report

Ray’s Playhouse does not employ a dedicated fundraising team, relying on staff, trustees and volunteers in the community to support fundraising throughout the year.

The Playhouse is extremely grateful to local businesses, trusts and foundations and our founder funder, The Bender Family Trust for their ongoing support covering core costs at the Playhouse. This vital support ensures we continue to provide earlyyears family support services in the community.

Summer Highlight

Ray’s hosts an annual Summer Fayre inviting local small businesses and entertainers to help fundraise for projects at the Playhouse

Autumn Highlight

Our fun-packed Halloween event is a fundraising morning for families and children with dance, play and spooky treats

Winter Highlight

Spring Highlight

The Christmas Fair is the annual highlight to our year filled with festive fun from a grotto through to a present drive for local families in need

Spring marks the start of a new year and our outdoor funded activity programme delivered by Jolof Sports, Wiggle Waggle and Caterpillar Music

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

4

Grants and Impact Report

“It’s All About Me” is a project supported by The London Borough of Hammersmith and Fulham. These small group sessions are to support, mentor and give parents the opportunity to learn new skills, gain confidence and have valuable time out. Children are supervised at the centre with a creche.

Dr Edward and Bishop King’s Charity have generously supported Ray’s Playhouse funding music sessions and holiday play activities, which extend to under 8's during the school holidays.

John Lyon’s Charity have provided support for children to specialist speech and language therapy. Funding has also provided early-years physical activity sessions to help improve children’s balance, coordination, listening skills and school readiness.

We are extremely grateful to The Thomas’ Foundation who have provided free family places at our stay and play sessions at Ray’s Playhouse so families can access support and our play sessions throughout the year.

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

5

A space to learn, develop and grow

Ray’s Playhouse is open Monday to Friday throughout the year welcoming families - carers with under 5's. During school holidays under 8's are welcome and we expand the range of activities on offer for the older children. The Playhouse charges £4 per family entry fee, with free funded places offered to families in need.

The Playhouse provides a warm, welcoming space supervised by early-years professionals dedicated to helping families thrive with their young children.

10

164

53

Under 5's with their parents/carers join our Tuesday afternoon session for close support and referrals

Families visit Ray’s Playhouse every week for stay and play sessions

Under 5's that take part in our weekly physical sessions from football to dance

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

6

Ray’s Playhouse works tirelessly to enhance the parenting journey to raise happy children. Below are projects we run throughout the year

Projects Details Outcome
School readiness
Daily sessions for Improve fine motor skills with
Stay and Play parents/carers and
under 5's (under 8's		 learning through play
Social skills
during school holidays) Reducing isolation and
loneliness for parents
Supporting families who may
Small-group sessions have children with additional
Focused Stay and Play for families and carers
requiring additional		 needs
Parenting support
support Signposting to services within
the Borough
Interaction with babies
Baby massage Small group massage Relaxing session
Bonding
Listening and attention skills
Football fun Physical activity Large motor skills
Team participation
Listening and attention skills
Caterpillar Music Sensory play through
movement		 Interaction with parent/carer and
child
Motor and sensory skills
Positive parenting Positive parenting
It’s All About Me programme harnessing
parental self-
development and
awareness		 Adopting healthier lifestyles
Supporting emotional wellbeing
Gaining new skills

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

7

Financial Review

YEAR ENDED 31 DECEMBER 2023

Ray's Playhouse had net incoming resources on unrestricted funds of £22,885 for the year (2022: £13,716 outgoing). Together with the accumulated surplus brought forward from previous years and a transfer from restricted reserves on completion of the flooring, there is now unrestricted funds of £92,771 (2022: £6,448). Restricted funds at 31 December 2023 were £2,074 (2022: £6,448).

Reserves Policy

The Trustees maintain a reserve of at least 3 months operating expenses. The reserve level is regularly considered.

Public Benefit

The Charity provides low-cost facilities for the less well advantaged members of the public in its catchment area and also provides social support to those who may from time to time require it.

Objectives for the coming year

The Trustees aim to continue to raise funds to provide the core services currently offered, to support families in an ever increasingly difficult financial environment. We hope to be able to replace the funding for the afternoon services and build in one or two more specialised sessions.

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

8

Structure, Governance and Management

The company is limited by guarantee (company registration number 07489085), governed by its memorandum and articles of association. It is a charity registered with the Charity Commission, 1142275.

The Board of Trustees is responsible for setting strategies and policies for the charity and ensuring that these are implemented.

The Board of Management is responsible for the overall direction of Ray's Playhouse, for monitoring activity against the Articles of Association, for scrutiny and approval of Annual Plans and Accounts, and for risk assessment and management.

The responsibilities for fulfilling obligations as a registered charity fall on the Board of Management. At least three members of the Board are trustees as defined by the Charity Legislation.

Trustees are selected based on a range of abilities with the intention of maintaining a balanced board.

Day-to-day management of the centre is delegated to the centre manager.

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

9

Reference and Administrative Information

REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name Ray's Playhouse Limited Registered Office c/o Woodfords Solicitors LLP 11 Harwood Road, London, SW6 4QP Trustees Ms Claire Larnder (Chair) Ms Holly Berner (Resigned January 2024) Ms Clair Gordon Ms Divna Gakovic (Secretary) Ms Bryher Bailey Mrs Linda Baker Mrs Lisette Danesi Ms Rania Assaf Bankers Metro Bank Fulham Broadway Branch, Unit 3, Fulham Retail Centre London SW6 1BW Solicitors Woodfords Solicitors LLP 11 Harwood Road, London, SW6 4QP Independent Examiner Mrs Alison Sanderson FCA Liles Morris Chartered Accountants, 80 Coombe Road, New Malden, KT3 4QS Centre Manager Charlotte Cooper (Jan – Feb 2023 then maternity leave) Interim Manager Louise Chapman (February - December 2023) Charity number 1142275 Website www.raysplayhouse.org

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

10

Trustees’ responsibilities in relation to the financial statements

The charity trustees (who are also the directors of the Ray’s Playhouse Ltd) for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, for that period. In preparing the financial statements, the trustees are required to:

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. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

By order of the Board of Trustees

Claire Larnder

Ms Claire Larnder Chair and Trustee

27th September 2024

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

11

Trustees’ responsibilities in relation to the financial statements (cont)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006 for the year ended 31 December 2023. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.

The Trustees, as directors, acknowledge their responsibilites for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing the accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies’ regime.

The financial statements were approved and authorised for issue by the Board of Trustees on the 27th September 2024 and signed on its behalf by:

Claire Larnder

Claire Larnder Chair of Trustees Ray’s Playhouse Limited

Grants

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

12

Independent Examiner’s Report to the Trustees of Ray’s Playhouse Limited

YEAR ENDED 31 DECEMBER 2023

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of Rays' Playhouse Ltd (‘the charitable company’) for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

$200,000

Government Funding

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

13

Independent Examiner’s Report to the Trustees of Ray’s Playhouse Limited

Independent examiner’s statement (continued)

I have completed my examination. I confirm that no material matters have come to my attention in

the financial statements do not accord with those records; or

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 financial statements to be reached.

Alison Sanderson, FCA

Liles Morris, 80 Coombe Road, New Malden, KT3 4QS

27th September 2024

Donations

$750,000

Grants

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

14

Statement of Financial Activities for the Year ended 31st December 2023

Statement of Financial Activities for the Year ended 31st December 2023 Statement of Financial Activities for the Year ended 31st December 2023 Statement of Financial Activities for the Year ended 31st December 2023 Statement of Financial Activities for the Year ended 31st December 2023 Statement of Financial Activities for the Year ended 31st December 2023
Incorporating the Income and
Expenditure Account
Notes
Unrestricted
Funds 2023
£
Restricted
Funds 2023
£
Total Funds
2023
£
Total Funds
2022
£
INCOME
Donations and Legacies
2
57,548
36,147
93,695
87,300
Income from Charitable
Actitivies
Operation of the Centre
3
78,912
-
78,912
74,039
Total income
136,460
36,147
172,607
161,339
EXPENDITURE
Cost of raising funds
4
612
-
612
2,127
Expenditure on charitable
activities
Operation of the Centre
5
99,700
40,521
140,221
128,200
Other expenditure
Governance
6
13,263
-
13,263
15,360
Total expenditure
113,575
40,521
154,096
145,687
Net income/(expenditure)
22,885
(4,374)
18,511
15,562
Transfers between
reserves
-
-
-
-
Net income/(expenditure)
and net movement in funds		 22,885 (4,374) 18,511 15,652
~~Fundin~~g summary
Donations
Grants
Government Funding
$200,000
$750,000
$400,000
Reconciliation of funds
Total funds brought
forward
69,886
6,448
76,334
60,682
Total funds carried forward
92,771
2,074
94,845
76,334

There were no recognised gains or losses for 2023 or 2022 other than those included in the statement of financial activities. All income and expenditure relates to continuing activites.

The notes of pages 18 to 24 form part of these financial statements

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

15

Balance Sheet as at 31st December 2023

Notes
2023
£		 2023
£
2022
£		 2022
£
FIXED ASSETS
Tangible Assets
10		 4,366 11,171
CURRENT ASSETS
Debtors
11
13,892		 382
Cash at Bank and in Hand
83,662		 83,763
97,554 84,145
CREDITORS
Amounts falling due within
one year
12
7,075		 18,982
NET CURRENT ASSETS 90,479 65,163
TOTAL ASSETS LESS
CURRENT LIABILITIES		 94,845 76,334
Funding summary
FUNDS
Restricted Funds
13
2,074
General Fund
92,771
TOTAL FUNDS
14
94,845		 6,448
69,886
76,334
Grants
$750,000

The notes of pages 18 to 24 form part of these financial statements

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

16

Balance Sheet as at 31st December 2023 (cont)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006 for the year ended 31 December 2022. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.

The Trustees, as directors, acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing the accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies’ regime.

The financial statements were approved and authorised for issue by the Board of Trustees on the 27th September and signed on its behalf by:

Claire Gordon

Clair Gordon Trustee

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

17

Notes to the Accounts

1. Accounting policies

Company information

Ray’s Playhouse Limited is a private company limited by guarantee incorporated in England and Wales. The Registered office is detailed on the Reference and Administrative information.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.

1 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 Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Ray's Playhouse meets the definition of a public benefit entity under FRS102.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The accounts are presented in Pound Sterling (£)

1.

2 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1. 3 Incoming resources

Funding summary Voluntary income including donations, gifts, grants, and legacies are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when a donor specifies that income must be used in future accountingperiods or conditions must be fulfilled before the charity is entitled to the income.$400,000 Revenue from services provided is measured at fair value of the consideration received. Grant, where entitlement is not conditional on the delivery of specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

$750,000

Grants

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

18

Notes to the Accounts

1. 4 Resources expended

Liabilites are recognised when either a legal or constructive obligation is identified and includes any irrecoverable VAT. Funding summary Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner fees and costs linked to the management of the charity.

1. 5 Accumulated funds

General or “unrestricted “ funds represent the funds of the charity that are not subject to any restriction regarding their use and are available for application on the general purpose of the charity. Funding summary

1. 6 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the costs less estimated residual value of each asset over its expected Funding summary useful life, as follows:

Office equipment

3yrs straight line - computer equipment 5yrs straight line - all other office equipment

Fixtures & fittings

3 - 5 yrs straight line except as detailed below 10yrs straight line - outdoor playground and flooring

1. 7 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held with banks.

1. 8 Financial instruments

The charity only has financial assets and liabilites of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Trade debtors and trade creditors are examples of basic financial instruments.

1.

9 Government grants

Business rates grants are recognised on receipt $400,000

$750,000

19

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

Notes to the accounts (cont)

2 INCOME
Grants and Donations
2023
£
2022
£		 2 INCOME
Grants and Donations
2023
£
2022
£		 2 INCOME
Grants and Donations
2023
£
2022
£		 2 INCOME
Grants and Donations
2023
£
2022
£		 2 INCOME
Grants and Donations
2023
£
2022
£		 2 INCOME
Grants and Donations
2023
£
2022
£
Unrestricted funds
Grants receivable
57,548
56,000
57,548
56,000
Restricted Funds
Grants receivable
£
£
36,147
31,300
Total voluntary
income
93,695
87,300
3 Charitable activities
Operation of the
centre
2023
£
2022
£
Unrestrict
ed
Restricted
Total
Total
Playhouse fees
Building Hire
Fundraising
Local authority
funding
33,548
22,981
7,725
14,658
33,548
22,981
7,725
14,658
24,084
19,520
11,765
18,760
78,912
-
78,912
74,039
4 Cost of raising
funds
2023
£
2022
£
Unrestrict
ed
Restricted
Total
Total
Advertising
Event costs
149
463
-
149
234
Donations
Total		 Gove rnment Fun
612		 ding
-		 Grants
612		 2,127

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

20

Notes to the accounts (cont)

5 Charitable activities 2023 2022
Centre operation £ £
Unrestricted Restricted Total Total
Staff costs 32,958 10,858 43,816 66,457
Employers NI - - - -
Training & staff welfare 113 113 789
Contract staff 27,200 18,615 45,813 16,799
Premises costs 29,900 6,692 36,682 31,432
Playhouse purchases 4,449 4,540 4,540
Support costs (see note 6) 4,990 8,188 8,183
99,700 40,521 140,221 128,200
6 Support and Governance 2023 2022 Basis of
costs £ £ allocation
Support Governance Total Total
Office expenses 4,990 4,990 9,980 16,366 Est’d use
Insurances 544 544 495 Governance
Independent examination 1,800 1,800 1,980 Governance
Bookkeeping and payroll 5,603 5,603 4,702 Governance
AGM costs 326 326 - Governance
Total 4,990 13,263 18,253 23,543

The Governance costs are from Unrestricted Funds.

Totals for 2022 are split : Support costs £8,183 and Governance £15,360

7. Staff remuneration and
head count		 2023 2022
Average number of
employees.
No employee received a		 6 8
salary of more than £60,000
Employment costs - total £ £
Wages and salaries
Social security costs		 43,281
-		 65,637
-
Pensions 535 820
Government Funding
Donations
Total		 43,816 Grants
66,457

Additional support has been provided throughout the year in administering and running the Charity, this includes the Acting Centre Manager. The key management personnel of the charity comprise the trustees and the Acting Centre Manager. The total compensation paid to key management personnel amounts to £27,698 (2022: Centre Manager £32,000). Total key management personnel costs of one (2022 : one) individual.

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

21

Notes to the accounts (cont)

8 Trustee Remuneration and related party transactions

None of the trustees received salaries or remuneration during the year nor prior year. There were no transactions with related parties during the year nor prior year.

9 Taxation

The company is a charity and is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988.

10 Fixed Assets

9 Taxation
The company is a charity and is exempt from tax on income and gains falling within section 505 of the Taxes Act
1988.
10 Fixed Assets		 9 Taxation
The company is a charity and is exempt from tax on income and gains falling within section 505 of the Taxes Act
1988.
10 Fixed Assets
Plant &
Machinery
Office &
Computer
Equipment
Furniture &
Play
Equipment
Total
Cost
Brought forward at 1 January
2023
Added		 4,000
-
2,394
-
73,022
-
79,416
-
Carried forward at 1 January
2023		 4,000
2,394
73,022
79,416
Depreciation
Brought forward at 1 January
2023		 800
2,394
65,051
60,932
400
-
6,405
6,805
Charge for the year
Carried forward at 31
December 2023		 1,200
2,394
71,456
75,050
Net book value carried
forward
Net book value brought
forward
11 Debtors		 2,800
-
1,566
4,366
3,200
-
7,971
18,484
2023
£
2022
£
Donations
Prepayments
Other debtors		 Grants
Government Funding
5,801
8,091
382
13,892
382

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

22

Notes to the accounts (cont)

12 Creditors:
Amounts falling due in
one year		 12 Creditors:
Amounts falling due in
one year
Social security
Pension creditor
Accruals
Deferred income		 -
157
1,800
5,118
692
290
1,800
16,200
7,075
18,982
Brought forward
2023
£
Incoming
Resources
£
Movement in
funds
Resources
expended
£
Transfer
Carried
forward
2023
£
-
-
4,800
1,648
20,973
6,007
9,167
(20,973)
(4,558)
(13,342)
(1,648)
-
1,449
625
-
13 Restricted funds
LBHF - IAAM
Thomas’ Schools F’dn
John Lyons Charity
DEBK
6,448
36,147
(40,521)
-
2,074
Brought forward
2022
£
Incoming
Resources
£
Movement in
funds
Resources
expended
£
Transfer
Carried
forward
2022
£
LBHF - IAAM
Thomas’ Schools F’dn
John Lyons Charity
DEBK
The Daisy Trust		 -
572
3,368
572
19,500
11,800
(19,500)
(7,000)
(1,720)
(572)
(572)
-
1,449
625
-
Government Funding
4,512
31,300
(28,792)
(572)
6,448
Donations

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

23

Notes to the accounts (cont)

Following a grant application to The London Borough of Hammersmith and Fulham (LBHF) for the 3rd Sector Investment Fund, Ray’s Playhouse were allotted funding for the project “It’s All About Me” (IAAM) which helps parents focus on their lives and support them in resolving personal and family issues, enabling them to improve the lives of their chidren and the whole family.

John Lyons Charity provided grants for speech therapy sessions and for school holiday activities.

Thomas’ Schools Foundation (TSF) provided a grant for £4,498 to provide free family places at the regular Stay and Play sessions. Smaller grants totalling £1,559 were additionally given by TSF to cover places in 2022 and 2023.

Dr Edward and Bishop Kings Fund (DEBK) provided funding “Wiggle Waggle” activity sessions. In 2022, Caterpillar Music replaced Wiggle Waggle and funds were utilised in the current year.

14 Analysis of net assets between funds

Fund balances at 31st December 2023 are represented by:

ween funds
ber 2023 are represented by:		 ween funds
ber 2023 are represented by:		 ween funds
ber 2023 are represented by:		 ween funds
ber 2023 are represented by:		 ween funds
ber 2023 are represented by:		 ween funds
ber 2023 are represented by:
£
Unrestricted
£
Restricted
£
Total
4,366
90,362
(1,957)
7,192
(5,118)
4,366
97,554
(7,075)
Tangible fixed assets
Current assets
Creditors: within one year
92,771 2,074 94,845

15 Control

The charity is controlled by the Trustees under the terms of the trust deed.

Government Funding

Grants

Ray’s Playhouse Limited (07489085) Year ended 31 December 2023

24

Thank you to everyone for their generous support

Thank you to everyone who has supported our journey to make Ray’s Playhouse the thriving, supportive community it is today.

Ray’s Playhouse 247 Stephendale Road London SW6 2PR info@raysplayhouse.org t. 020 7371 9002