> REGISTERED REGISTERED COMPANY COMPANY NUMBER: NUMBER: 07640357 07640357[(England] (England and[and][Wales)] Wales) 

> REGISTERED REGISTERED CHARITY CHARITY NUMBER: NUMBER: 1143734 1143734 

> REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES AND AND 

UNAUDITED UNAUDITED FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024 2024 

FOR FOR 

> THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ WALBERTON WALBERTON 

Evans Evans Weir Weir The The[Victoria] Victoria 25 25[St] St Pancras Pancras Chichester Chichester West West Sussex Sussex P019 POL9 7LT 7LT 



‘ 

## THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ @ WALBERTON WALBERTON 

## CONTENTS CONTENTS OF THE OF THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31ST[31ST] MAY MAY 2024 2024 

|||Page<br>Page||
|---|---|---|---|
|Report of the Trustees<br>Report ofthe Trustees|||||
|Independent Examiner's Report<br>Independent Examiner's Report||2<br>2||
|Statement of Financial Activities<br>Statement of Financial Activities||3<br>5||
|Statement of Financial Position<br>Statement of Financial Position|4<br>4|to<br>to|5<br>5|
|Notes to the Financial Statements<br>Notes to the Financial Statements|6<br>6|to<br>to|12<br>12|
|Detailed Statement of Financial Activities<br>DetailedStatementofFinancialActivities|13<br>13|to|4<br>14|





THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ cm WALBERTON WALBERTON 

## REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31ST[31ST] MAY MAY 2024 2024 

> The The trustees trustees who[who] are are[also] also[directors] directors[ of] of the[ the] charity charity for for[the] the purposes purposes of[of] the[ the] Companies Companies Act Act 2006,[2006,][present] present[their] their[report] report[with] with 

> the the financial financial statements statements of of the the charity charity for for the the year year ended ended[3] 31st[1st] May May 2024. 2024. The The trustees trustees have have adopted adopted the the provisions provisions of of 

> Accounting Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of of Recommended Recommended[Practice] Practice applicable[applicable] to to charities charities preparing preparing their their accounts accounts[in] in[accordance] accordance with with[the] the[Financial] Financial Reporting Reporting[Standard] Standard[applicable] applicable[in] in[the] the UK UK and[and][Republic] Republic of[of][Ireland] Ireland (FRS_[(FRS] 102) 102) (effective (effective[I] | January January[2019).] 2019). 

> STRUCTURE, STRUCTURE,[GOVERNANCE] GOVERNANCE AND AND MANAGEMENT MANAGEMENT Governing Governing[document] document 

> The The charity charity[is] is[controlled] controlled[by] by[its] its governing governing[document,] document,[a] a[deed] deed of[of] trust, trust, and[and][constitutes] constitutes a a[limited] limited company, company, limited limited by by guarantee, guarantee, as as defined defined by[by] the[the] Companies Companies Act Act[2006.] 2006. 

> REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS 

> Registered Registered Company Company number number 07640357 07640357 (England (England and[and][wales)] Wales) 

> Registered Registered Charity Charity number number 

> 1143734 1143734 

> Registered Registered office office CommunityThe TheCommunityStreet[Street] Playcentre Playcentre @ @[Walbetton] Walberton Walberton Walberton West West Sussex Sussex 

> BN18 BN18 OPJ[OPJ] Trustees Trustees 

> Miss Miss[C] C J[J] Purdie Purdie Hr Hr Manager Manager 

> Ms Ms[J] J[C] C Hutchison Hutchison[Accounts] Accounts Manager Manager 

> Mrs Mrs[D] D[H] H Rogers Rogers[Retired] Retired 

> R RM M Rogers Rogers Retired Retired 

> T T Hewson Hewson Volunteer Volunteer 

> Ms Ms[J] J[Meissel] Meissel[Supply] Supply[Chain] Chain Manager Manager (appointed (appointed[I] |.1.2024)[.1.2024)] 

> Mrs Mrs[R] R Hawkins Hawkins[Teacher] Teacher (appointed (appointed 1.1.2024) 1.1.2024) 

> Independent Independent Examiner Examiner Evans Evans Weir Weir 

> The The[Victoria] Victoria 

> 25 25[St] St Pancras Pancras Chichester Chichester West West Sussex Sussex 

> P019 PO19 7LT 7LT 

> Approved Approved[by] by order[order][of] of the[ the][board] board[of] of trustees frustees on on[10th] 10th February February[2025] 2025[and] and[signed] signed on on[its] its[behalf] behalf by:[ by:] 

Miss Miss C[C] J[J][Purdie] Purdie - - Trustee Trustee 

> Page Page[I] | 



## INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER'S[REPORT] REPORT TO TO THE THE[TRUSTEES] TRUSTEES OF OF THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ (Q) WALBERTON WALBERTON 

IIndependent IIndependent report report to to the the charity[examiner's] examiner'scharity trustees trustees report reporton on my my[to] to examination the[the] examination[trustees] trustees[of] ofof of Thethe The the accounts accountsCommunity Community of of the thePlayCentre PlayCentre Company Company @ @ for for the the Walberton Walbertonyear year ended ended ('the (‘the 3 31st 1stCompany') Company’) May May[2()24.] 2024. Responsibilities Responsibilities and and[basis] basis of of report report As As the[the] charity's charity's trustees trustees of[of] the[ the] Company Company (and[(and] also also[its] its directors[directors][ for] for[the] the purposes purposes of[of] company company[law)] law) you you are are[responsible] responsible[for] for the the preparation preparation of of the[the] accounts accounts in in accordance accordance with with the the requirements requirements of of the the Companies Companies Act Act 2006 2006 (‘the ('the 2006 2006[Act').] Act’). Having Having satisfied satisfied myself myself[that] that[the] the accounts accounts of of[the] the Company Company are are not not[required] required to to be be audited audited under under Part Part 16 16 of of the the 2006 2006 Act Act and and are are eligible eligible for for independent independent examination, examination,[I] I report report[in] in respect respect of of my my examination examination of of your your charity's charity's accounts accounts as_ as carried carried out out under under Section Section 145 145 of of[the] the Charities Charities Act Act 2011 2011 ('the (‘the 2011 2011 Act'). Act’).[In] In cat•rying carrying out out my my examination examination[I] I[have] have followed followed the the Directions Directions given given by by the the Charity Charity Commission Commission under under Section Section 145(5) 145(5)[(b)] (b) of of the[the] 201 2011[1] Act. Act. Independent Independent[examiner's] examiner's statement statement Since Since your your charity's charity's gross gross income income exceeded exceeded £250,000 €250,000 your your examiner examiner must must[be] be a a member member of of a a listed listed[body.] body. I | can can confirm confirm that that I I am am qualified qualified to to undertake undertake the the examination examination because because I I am am a a member member of of[the] the Association[Association][of] of Accounting[ Accounting][Technicians,] Technicians, which which[is] is one one[of] of the[ the] listed listed bodies.[bodies.] I | have have completed completed my my examination. examination. I I confirm confirm that that no no matters matters have have come come to to my my attention attention in in connection connection with with the the examination examination[givino] giving me me cause cause[to] to believe: believe: 1. ls accounting accounting records[records] were were not not[kept] kept[in] in respect respect[of] of[ the] the Company Company as as[required] required[by] by Section Section[386] 386 of[of] the[ the] 2006[2006] Act; Act; or or 2. 2. the the accounts accounts do do not not accord accord with with those those records; records; or or 3. 27 the the accounts accounts do do not not comply comply with with the the accounting accounting requirements requirements of of[Section] Section 396 396 of of[the] the 2006 2006 Act Act other other than than any any requirement requirement that that the the accounts accounts give give a a true true and and fair fair view view which which is is not not a a matter matter considered considered as as part part of of an an independent independent examination; examination; or or 4. 4. the the accounts accounts have have not not been been prepared prepared in in accordance accordance with with the the methods methods and and principles principles of of the the Statement Statement of of Recommended Recommended[Practice] Practice[for] for accounting accounting and[and][reporting] reporting[by] by charities charities (applicable (applicable to[to] charities preparing charities preparing their[their] accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102)). 102)). I I have have no no concerns concerns and and have have come come across across no no other other matters matters[in] in connection connection with with the the examination examination to to which which attention attention should should be be drawn drawn in in this this report report in in order order to to enable enable a a proper proper understanding understanding of of the the accounts accounts to to be be reached. reached. 

> Je ifer Hoult al Hoult Evans Evans Weir Weir 

> The The[Victoria] Victoria 

> 25 25 St St Pancras Pancras Chichester Chichester 

> West West[Sussex] Sussex P019 PO19 7LT 7LT 

10th 10th February February 2025 2025 

> Page Page[2] 2 



## THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ WALBERTON WALBERTON 

## STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024[2024] 

|||2024<br>2024|2023<br>2023|
|---|---|---|---|
|||Unrestricted<br>Unrestricted|Total<br>Total|
|||fund<br>fund|funds<br>funds|
||Notes<br>Notes|£|£|
|INCOME AND ENDOWMENTSFROM<br>INCOME AND ENDOWMENTS FROM||||
|Donations and legacies<br>Donations and legacies||479<br>479|-|
|Charitable activities<br>Charitable activities||||
|Nursery<br>Nursery||470,193<br>470,193|394,124<br>394,124|
|Other trading activities<br>Investment income<br>Other trading activities<br>Investment income|2<br>3<br>2<br>3|4,311<br>1,707<br>4311<br>1,707|5,945<br>1,816<br>5,945<br>1,816|
|Total<br>Total||476,690<br>476,690|401,885<br>401,885|
|EXPENDITURE<br>ON<br>EXPENDITURE ON||||
|Raising funds<br>Raising funds|4<br>4|467,778<br>467,778|427<br>427,424|
|NET INCOME/(EXPENDITURE)<br>NETINCOME/(EXPENDITURE)||8,912<br>8,912|(25,539)<br>(25,539)|
|RECONCILIATION OF FUNDS<br>RECONCILIATION OF FUNDS||||
|Total funds brought forward<br>Total funds brought forward||395,201<br>395,201|420,740<br>420,740|
|TOTAL FUNDS CARRIED FORWARD<br>TOTALFUNDSCARRIEDFORWARD||404,1 13<br>404,113|395,201<br>395,201|



> The The notes notes form form part part of of these these financial financial statements statements 

> Page Page[3] 3 



THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ WALBERTON WALBERTON 

||STATEMENTOF FINANCIAL POSITION<br>STATEMENT OF FINANCIAL POSITION|STATEMENTOF FINANCIAL POSITION<br>STATEMENT OF FINANCIAL POSITION|||
|---|---|---|---|---|
|||31ST MAY 2024<br>31STMAY 2024|||
||||2024<br>2024|2023<br>2023|
||||Unrestricted<br>fund<br>Unrestricted<br>fund|Total<br>funds<br>Total<br>funds|
|||Notes<br>Notes|£|£|
|FIXED ASSETS<br>FLXED ASSETS|||||
|Intangible assets<br>Intangible assets||9<br>9|3,067<br>3,067|3,867<br>3,867|
|Tangible assets<br>Tangible assets||10<br>10|333,547<br>333,547|341,095<br>341,095|
||||336,614<br>336,614|344,962<br>344,962|
|CURRENT ASSETS<br>CURRENT ASSETS|||||
|Debtors<br>Debtors||11<br>ll|1,599<br>1,599|2,235<br>PN|
|Cash<br>at bank and in hand<br>Cash at bank and in hand|||235,329<br>235,329|198,227<br>198,227|
||||236,928<br>236,928|200,462<br>200,462|
|CREDITORS<br>CREDITORS|||||
|Amountsfalling due within one year<br>Amounts falling due within one year||12<br>12|(41<br>,936)<br>(41,936)|(19,300)<br>(19,300)|
|NET CURRENT ASSETS<br>NET CURRENT ASSETS|||194,992<br>194,992|181,162<br>181,162|
|TOTAL ASSETSLESS CURRENT<br>TOTAL ASSETS LESS CURRENT|||||
|LIABILITIES<br>LIABILITIES|||531,606<br>531,606|526,124<br>526,124|
|CREDITORS<br>CREDITORS|||||
|Amounts falling due after more than <br>Amounts falling due after more than|one year<br> one year|13<br>Is|(127,493)<br>(127,493)|(130,923)<br>(130,923)|
|NET ASSETS<br>NETASSETS|||404,113<br>404,113|395,201<br>395,201|
|FUNDS<br>FUNDS||16<br>16|||
|Unrestricted funds<br>Unrestricted funds|||404,113<br>404,113|395,201<br>395,201|
|TOTAL FUNDS<br>TOTALFUNDS|||404,113<br>404,113|395,201<br>395,201|



The The charitable charitable company company is is entitled entitled to to exemption exemption from from audit audit under under Section Section 477 477 of of the the Companies Companies Act Act 2006 2006 for for the the year year ended ended[3] 31st[1st] May May 2024. 2024. 

The The members members have have not not required required the[the] company company to to obtain obtain an an audit audit of of its[its] financial financial statements statements for for the the year year ended ended 31st 3 1st May May 2024 2024 in in accordance accordance with with Section Section 476 476 of of the the Companies Companies Act Act 2006. 2006. 

The The trustees trustees acknowledge acknowledge their their responsibilities responsibilities for for (a) (a) ensuring ensuring[that] that[the] the charitable charitable company company[keeps] keeps accounting accounting records records[that] that comply comply with with Sections[Sections] 386[386] and[and] 387[387] of[of] the the Companies Companies[Act] Act 2006 2006[and] and (b) (b) preparing preparing financial financial statements statements which which give[give] a a[true] true and[and] fair fair[view] view[of] ofthe[ the][state][state][of][of] affairs[ affairs][of][of][ the][ the][charitable] charitable company[company][as] as at at the the end end of of each each financial financial year year and and of of its its surplus surplus or or[deficit] deficit for for each each financial financial year year in in accordance accordance with with the the requirements requirements of of Sections Sections 394 394 and and 395 395 and and which which[otherwise] otherwise comply comply[with] with[the] the[requirements] requirements of of[the] the Companies Companies Act Act 2006 2006 relating relating[to] to financial financial statements, statements, so so far far as as applicable[applicable][to] to[the] the charitable charitable company. company. 

> The The notes notes form form part part of ofthese these financial financial statements statements 

> Page Page[4] 4 continued... continued. 



> THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ WALBERTON WALBERTON 

> STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL POSITION POSITION - - continued continued 

> 31ST 31ST MAY MAY 2024 2024 

> These These financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the provisions provisions applicable applicable to to charitable charitable companies companies subject subject to to the the small small companies companies regime. regime. 

> The The financial financial statements statements were were approved[approved] by[by][the] the Board Board[of] of Trustees Trustees[and] and[authorised] authorised[för] for[issue] issue on on[10th] 10th February February[2025] 2025 and and 

> were were signed[signed] on on[its] its behalf[behalf] by:[by:] 

> and and 

(fol 3K-_ ro C C J J Purdie Purdie - - Trustee Trustee 

The The notes notes form form part part of of these these financial financial statements statements Page Page[5] 5 



## THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ @ WALBERTON WALBERTON NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024 2024 

> 1. 1. ACCOUNTING ACCOUNTING POLICIES POLICIES 

> Basis Basis of of preparing preparing[the] the[financial] financial statements statements The The financial financial statements statements of of[the] the charitable charitable company, company, which which[is] is a a public public[benefit] benefit entity[entity] under under FRS FRS 102, 102, have have been been 

> prepared prepared in in accordance accordance with[with][the] the Charities Charities SORP SORP (FRS (FRS[102)] 102) 'Accounting 'Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of of Recommended Recommended[Practice] Practice[applicable] applicable to to charities charities preparing preparing their their accounts accounts in in accordance accordance with with the the Financial Financial 

> Reporting Reporting Standard[Standard] applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective (effective I 1 January January 2019)', 2019)’, 

> Financial Financial Reporting Reporting Standard Standard 102 102 'The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland' Ireland'[and] and[the] the Companies Companies[Act] Act[2006.] 2006.[The] The financial financial statements statements[have] have been[been][prepared] prepared[under] under[the] the historical historical cost cost convention. convention. 

## Income Income 

> All All income income is is recognised recognised[in] in the the Statement Statement of of Financial Financial Activities Activities once once the the charity charity has has entitlement entitlement to to the the funds, funds, it it 

> is is probable probable that that the the income income will will be be received received and and the the amount amount can can be be measured measured reliably. reliably. 

> Expenditure Expenditure Liabilities Liabilities are are recognised recognised as as[expenditure] expenditure as as soon soon as as[there] there[is] is[a] a[legal] legal or or constructive[constructive] obligation[obligation] committing[committing] the the charity charity[to] to[that] that expenditure,[expenditure,][it] it[is] is probable probable[that] that[a] a[transfer] transfer of[of economic] economic benefits[benefits][will] will[be] be required required[in] in[settlement] settlement and and 

> the the amount amount of ofthe the obligation[obligation] can[can] be[be] measured[measured] reliably.[reliably.] Expenditure[Expenditure] is[is] accounted[accounted][for][for][on] on an[an][accruals] accruals basis[basis] and[and] has[has] 

> been been classified classified under under headings headings that that aggregate aggregate all all cost cost related related to to the the category. category. Where Where costs costs cannot cannot be be directly directly attributed attributed to to particular particular headings headings they they have have been been allocated allocated to to activities activities on on a a basis basis consistent consistent with with the[the] use use of of resources. resources. 

> Tangible Tangible fixed fixed assets assets Depreciation Depreciation[is] is provided provided[at] at[the] the following following annual[annual] rates rates[in] in[order] order[to] to[write] write off[off] each[each] asset asset over over[its] its[estimated] estimated useful useful life. life. 

Freehold Freehold[property] property Plant Plant and and machinery machinery Computer Computer equipment[equipment] 

- 2% 2% on on cost cost - Straight Straight line line over over[3] 3 years years - Straight Straight[line] line over over[3] 3 years years 

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

> Fund Fund accounting accounting 

> Unrestricted Unrestricted funds funds can can be be used used[in] in accordance accordance with with the the charitable charitable objectives objectives at[at] the the discretion discretion of of the the trustees. trustees. 

> Restricted Restricted funds funds can can only only be be used used for for panicular particular restricted restricted purposes purposes within within the the objects objects of of the the charity. charity. Restrictions Restrictions arise arise when when specified specified by by[the] the donor donor or or when when[funds] funds are are raised raised for for panicular particular restricted restricted purposes. purposes. Further Further[explanation] explanation[of] of[ the] the nature nature[and] and purpose purpose[of] of[ each] each[fund] fund[is] is included included[in] in the[the][notes] notes to[to] the[the] financial financial statements. statements. 

> Hire Hire purchase purchase and and[leasing] leasing commitments commitments 

> Rentals Rentals[paid] paid under under[operating] operating leases leases are are charged charged to to the the Statement Statement of of Financial Financial Activities Activities on on a a straight straight line line basis basis over over[the] the[period] period of[of] the[ the][lease.] lease. 

> Pension Pension costs costs and and other other post-retirement post-retirement[benefits] benefits 

> The The charitable charitable company company operates operates[a] a defined defined contribution[contribution][pension] pension[scheme.] scheme. Contributions Contributions payable payable[to] to the[the] charitable charitable company's company's[pension] pension[scheme] scheme are are charged[charged][to] to[the] the[Statement] Statement[of] of Financial[ Financial][Activities] Activities[in] in[the] the[period] period[to] to which which[they] they relate.[relate.] 

> Page Page[6] 6 

continued... continued.. 



## THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ @ WALBERTON WALBERTON NOTES NOTES TO 'ro THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR[YEAR] ENDED ENDED[31ST] 31ST MAV MAY 2024 2024 

|2.<br>2s|OTHER TRADING ACTIVITIES<br>OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES<br>OTHER TRADING ACTIVITIES|||
|---|---|---|---|---|
||||2024<br>2024|2023<br>2023|
||||5|£|
||Fundraising events<br>Fundraising events||3,474<br>3,474|3,039<br>3,039|
||Booking fees<br>Booking fees||420<br>420|1,585<br>1,585|
||Govemment grants<br>Government grants||417<br>417|1,321<br>1,321|
||||4,311<br>4,311|5,945<br>5,945|
|3.<br>3.|INVESTMENT INCOME<br>INVESTMENT INCOME||||
||||2024<br>2024|2023<br>2023|
||||£|i|
||Deposit account interest<br>Deposit account interest||1,707<br>1,707|1,816<br>1,816|
|4.<br>4.|RAISING FUNDS<br>RAISING FUNDS||||
||Raising donations and legacies<br>Raising donations and legacies||||
||||2024<br>2024|2023<br>2023|
||Support costs<br>Support costs||25,758<br>25,758|21,675<br>21,675|
|5.<br>53|NET INCOME/(EXPENDITURE)<br>NET INCOMEKEXPENDITURE)||||
||Net income/(expenditure)is stated after charging/(crediting):<br>Net income/(expenditure) is stated after charging/(crediting):||||
||||2024<br>2024|2023<br>2023|
||||£|£|
||Depreciation<br>- owned assets<br>Depreciation - owned assets||9,083<br>9,083|8,875<br>8,875|
||Hire of plant and machinery<br>Hire of plant and machinery||2,377<br>2,377|2,150<br>2,150|
||Deficit on disposal of fixed assets<br>Developmentcosts amortisation<br>Deficit on disposal offixed assets<br>Development costs amortisation||800<br>-<br>800|136<br>133<br>136<br>133|
|6.<br>6.|TRUSTEES' REMUNERATION<br>TRUSTEES'REMUNERATION|AND BENEFITS<br>ANDBENEFITS|||



> There There were were no no trustees' trustees' remuneration remuneration or or[other] other[benefits] benefits[for] for[the] the year year ended[ended][31st] 31st May May 2024 2024 nor nor[for] for the[the] year year[ended] ended 

> 31st 31st May May 2023. 2023. 

## Trustees' Trustees' expenses expenses 

> There There were were no no trustees' trustees' expenses expenses paid paid for for the the year year ended ended 3 31st 1st May May 2024 2024 nor nor for for the the year year ended ended 3 31st 1st May May 2023. 2023. 

> continued... continued... 

> Page Page[7] 7 



> THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ cm WALBERTON WALBERTON 

> 7. 7. STAFF STAFF COSTS COSTS 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTScontinued continued FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31ST[31ST] MAY MAY 2024 2024 

||The average monthly numberof employees during the year was as follows:<br>The average monthly number ofemployees during the year was as follows:|The average monthly numberof employees during the year was as follows:<br>The average monthly number ofemployees during the year was as follows:|||
|---|---|---|---|---|
||||2024<br>2024|2023<br>2023|
||Nursery School<br>Nursery School||23<br>23|22<br>22|
||No employees received emoluments<br>No employees received emoluments|in excess of€60,000.<br> in excess of£60,000.|||
|8.<br>8.|COMPARATIVESFOR THE STATEMENT<br>OF FINANCIAL ACTIVITIES<br>COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
|||||Unrestricted<br>Unrestricted|
|||||tilnd<br>fund|
|||||£|
||INCOME AND ENDOWMENTSFROM<br>INCOME AND ENDOWMENTS FROM||||
||Charitable activities<br>Charitable activities||||
||Nursery<br>Nursery|||394,124<br>394,124|
||Other trading activities<br>Other trading activities|||5,945<br>5,945|
||Investment income<br>Investment income|||1,816<br>1,816|
||Total<br>Total|||401,885<br>401,885|
||EXPENDITURE<br>ON<br>EXPENDITURE ON||||
||Raising funds<br>Raising funds|||427<br>,<br>427,424|
||NET INCOME/(EXPENDITURE)<br>NET INCOME/(EXPENDITURE)|||(25,539)<br>(25,539)|
||RECONCILIATION OF FUNDS<br>RECONCILIATION OF FUNDS||||
||Total funds broughtforward<br>Total funds brought forward|||420,740|
||TOTAL FUNDS CARRIED FORWARD<br>TOTAL FUNDS CARRIED FORWARD|||395,201<br>395,201|
|9.<br>9.|INTANGIBLE FIXED ASSETS<br>INTANGIBLE FIXED ASSETS||||
|||||Development<br>Development|
|||||costs<br>costs|
|||||£,|
||COST<br>COST||||
||At 1st June 2023 and 31st May 2024<br>At Ist June 2023 and 31st May 2024|||4,000<br>4,000|
||AMORTISATION<br>AMORTISATION||||
||At 1st June 2023<br>At Ist June 2023|||133<br>133|
||Charge for year<br>Charge for year|||800<br>800|
||At 3 1st May 2024<br>At 31st May 2024|||933<br>933|
||NET BOOK VALUE<br>NET BOOK VALUE||||
||At 31st May 2024<br>At 31st May 2024|||3,067<br>3,067|
||At 3 1st May 2023<br>At 31st May 2023|||3,867<br>3,867|
|||Page 8<br>Page8||continued...<br>continued...|





## THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ ca WALBERTON WALBERTON 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTScontinued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024 2024 

|10.<br>10.|TANGIBLE<br>FIXED ASSETS<br>TANGIBLE FIXED ASSETS||||||
|---|---|---|---|---|---|---|
||||Freehold<br>Freehold|Plant and<br>Plant and|Computer<br>Computer||
||||property<br>property|machinery<br>machinery|equipment<br>equipment|Totals<br>Totals|
||COST<br>COST||||||
||At 1st June 2023<br>At Ist June 2023||398,558<br>398,558|38,346<br>38,346|3,083<br>3,083|439,987<br>439,987|
||Additions<br>Additions||-|1 ,056<br>1,056|479<br>479|1,535<br>[539|
||Disposals<br>Disposals||-|(1,616)<br>(1,616)|-|(1,616)<br>(1,616)|
||At 31st May 2024<br>At 31st May 2024||398,558<br>398,558|37,786<br>37,786|3,562<br>3,562|439,906<br>439,906|
||DEPRECIATION<br>DEPRECIATION||||||
||At 1st June 2023<br>At Ist June 2023||59,435<br>59,435|37,267<br>37,267|2,190<br>2,190|98,892<br>98,892|
||Charge for year<br>Charge for year||7,971<br>7,971|571<br>571|541<br>541|9,083<br>9,083|
||Eliminated on disposal<br>Eliminated on disposal||-|(1,616)<br>(1,616)|-|(1,616)<br>(1,616)|
||At 31st May 2024<br>At 31stMay 2024||67,406<br>67,406|36,222<br>36,222|2,731<br>2 dol|106,359<br>106,359|
||NET BOOK VALUE<br>NET BOOK VALUE||||||
||At 31st May 2024<br>At 31stMay 2024||331,152<br>331,152|1,564<br>1,564|831<br>831|333,547<br>333,547|
||At 31st May 2023<br>At 31st May 2023||339,123<br>339,123|I ,079<br>1,079|893<br>893|341,095<br>341,095|
|11.<br>1.|DEBTORS: AMOUNTS FALLING<br>DEBTORS: AMOUNTS FALLING|DUE <br> DUE|WITHIN ONE YEAR<br> WITHIN ONE YEAR||||
||||||2024<br>2024|2023<br>2023|
||||||£|£|
||Trade debtors<br>Trade debtors||||-|759<br>759|
||Prepayments<br>Prepayments||||I ,599<br>1,599|1,476<br>1,476|
||||||1,599<br>1,599|2,235<br>2,235|
|12.<br>12.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR<br>CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||2024<br>2024|2023<br>2023|
||||||ts|he|
||Bank loans and overdrafts (see note 14)<br>Bank loans and overdrafts (see note 14)||||3,395<br>3,395|3,395<br>3,395|
||Trade creditors<br>Trade creditors||||151<br>15]|1,121<br>1,121|
||Other creditors<br>Other creditors||||4,322<br>4,322|3,640<br>3,640|
||Accruals and defel•red income<br>Accruals and deferred income||||9,016<br>9,016|8,627<br>8,627|
||Accrued expenses<br>Accrued expenses||||25,052<br>25,052|2,517<br>2,517|
||||||41,936<br>41,936|19,300<br>19,300|



> Page Page 9[9] 

continued... continued.. 



## THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ WALBERTON WALBERTON NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY[2024] 2024 

|13.<br>13.|CREDITORS: AMOUNTSFALLING DUE AFTER MORE <br>CREDITORS: AMOUNTS FALLING DUE AFTER MORE|THAN ONE <br> THAN ONE|YEAR<br> YEAR||
|---|---|---|---|---|
||||2024<br>2024|2023<br>2023|
||||£|£|
||Bank loans (see note 14)<br>Bank loans (see note 14)||127,493<br>127,493|130,923<br>130,923|
|14.<br>14.|LOANS<br>LOANS||||
||Ananalysis ofthematurity ofloans is given below:<br>An analysis ofthe maturity ofloans is given below:||||
||||2024<br>2024|2023<br>2023|
||||£|£|
||Amounts falling due within one year on demand:<br>Amounts falling due within one yearon demand:||||
||Bank loans<br>Bank loans||3,395<br>3,395|3,395<br>3,395|
||Amountsfalling between one and two years:<br>Amounts falling between one and two years:||||
||Bank loans<br>-<br>1-2 years<br>Bank loans - 1-2 years||3,395<br>3,395|3,395<br>3,395|
||Amounts falling due between two and five years:<br>Amounts falling due between two and five years:||||
||Bank loans<br>- 2-5 years<br>Bank loans - 2-5 years||124,098<br>124,098|127,528<br>127,528|
|15.<br>15.|SECURED DEBTS<br>SECURED DEBTS||||
||The following secured debts are included within creditors:<br>The following secured debts are included within creditors:||||
||||2024<br>2024|2023<br>2023|
||||£|£|
||Bank loans<br>Bank loans||130,888<br>130,888|134,318<br>134,318|
|16.<br>16.|MOVEMENT<br>IN FUNDS<br>MOVEMENT IN FUNDS||||
||||Net<br>Net||
||||movement<br>movement|At|
|||At 1.6.23<br>At 1.6.23|in funds<br>in funds|31.5.24<br>31.5.24|
|||£|£|£|
||Unrestricted funds<br>Unrestricted funds||||
||General fund<br>General fund|395,201<br>395,201|8,912<br>8,912|404,113<br>404,113|
||TOTAL FUNDS<br>TOTAL FUNDS|395,201<br>395,201|8,912<br>8,912|404,113<br>404,113|
||Net movement in funds, included in the above are as follows:<br>Net movement in funds, included in the above are as follows:||||
|||Incoming<br>Incoming|Resources<br>Resources|Movement<br>Movement|
|||resources<br>resources|expended<br>expended|in funds<br>in funds|
|||£|2|£|
||Unrestricted funds<br>Unrestricted funds||||
||General fund<br>General fund|476,690<br>476,690|,778<br>(467,778)|8,912<br>8,912|
||TOTAL FUNDS<br>TOTALFUNDS|476,690<br>476,690|,778 )<br>(467,778)|8,912<br>8,912|



continued... continued. 

> Page Page 10[10] 



## THE THE COMMUNITY COMMUNITY[PLAYCENTRE] PLAYCENTRE @ @ WALBERTON WALBERTON NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024 2024 

## 16. 16. MOVEMENT MOVEMENT[IN] IN FUNDS FUNDS - - continued continued 

> Comparatives Comparatives[for] for movement movement[in] in funds funds 

|||Net<br>Net||
|---|---|---|---|
|||movement<br>movement|At|
||At 1.6.22<br>At 1.6.22|in funds<br>in funds|31.5.23<br>31.5.23|
||£|£|8|
|Unrestricted funds<br>Unrestricted funds||||
|General fund<br>General fund|420,740<br>420,740|(25,539)<br>(25,539)|395,201<br>395,201|
|TOTAL FUNDS<br>TOTALFUNDS|420,740<br>420,740|(25,539)<br>(25,539)|395,201<br>395,201|



Comparative Comparative net net movement movement in in[funds,] funds, included included in in[the] the above above are are as as[follows:] follows: 

||Incoming<br>Incoming|Resources<br>Resources|Movement<br>Movement|
|---|---|---|---|
||resources<br>resources|expended<br>expended|in funds<br>in funds|
||£|pS|£|
|Unrestricted funds<br>Unrestricted funds||||
|General fund<br>General fund|401,885<br>401,885|(427,424)|(25,539)<br>(25,539)|
|TOTAL FUNDS<br>TOTALFUNDS|401,885<br>401,885|(427<br>(427,424)|(25,539)<br>(25,539)|



A A current cunent year year[12] 12[months] months and[and] prior prior year year[12] 12[months] months combined combined[position] position[is] is as as[follows:] follows: 

|||Net<br>Net||
|---|---|---|---|
|||movement<br>movement|At|
||At 1.6.22<br>At 1.6.22|in funds<br>in funds|31.5.24<br>31.5.24|
||£|£|£|
|Unrestricted funds<br>Unrestricted funds||||
|General fund<br>General fund|420 ,<br>420,740|(16,627)<br>(16,627)|404,113<br>404,113|
|TOTAL FUNDS<br>TOTALFUNDS|420,740|(16,627)<br>(16,627)|404,1 13<br>404,113|



> A A[current] current year year[12] 12[months] months and[and] prior prior year year[12] 12[months] months combined combined net net movement movement in in funds, funds, included included in in the the above above are are 

> as as[follows:] follows: 

||Incoming<br>Incoming|Resources<br>Resources|Movement<br>Movement|
|---|---|---|---|
||resources<br>resources|expended<br>expended|in funds<br>in funds|
||£|£|£|
|Unrestricted funds<br>Unrestricted funds||||
|General fund<br>General fund|878,575<br>878,575|(895,202)<br>(895,202)|(16,627)<br>(16,627)|
|TOTAL FUNDS<br>TOTALFUNDS|878,575<br>878,575|(895,202)<br>(895,202)|(16,627)<br>(16,627)|



> Page Page[11] 11 

> continued.. continued... 



## THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ @ WALBERTON WALBERTON NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS- continued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED 31ST[31ST] MAY MAY[2024] 2024 

> 17. 17. RELATED RELATED[PARTY] PARTY DISCLOSURES DISCLOSURES 

> There There were were no no related related party party[transactions] transactions for for[the] the year year ended[ended][3] 31st[1st] May May[2024.] 2024. 

> Page Page[12] 12 



||THE COMMUNITY<br>THECOMMUNITY|THE COMMUNITY<br>THECOMMUNITY|PLAYCENTRE @ WALBERTON<br> PLAYCENTRE@WALBERTON|||
|---|---|---|---|---|---|
||DETAILED STATEMENT<br>OF FINANCIAL ACTIVITIES<br>DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||||
|||FOR THE YEAR ENDED 31ST MAY 2024<br>FOR THE YEAR ENDED 31STMAY 2024||||
|||||2024<br>2024|2023<br>2023|
|||||£|£|
|INCOME AND ENDOWMENTS<br>INCOME AND ENDOWMENTS||||||
|Donations and legacies<br>Donations and legacies||||||
|Donated services and facilities<br>Donated services and facilities||||479<br>479|-|
|Other trading activities<br>Other trading activities||||||
|Fundraising events<br>Fundraising events||||3,474<br>3,474|3,039<br>3,039|
|Booking fees<br>Booking fees||||420<br>420|1,585<br>1,585|
|Government grants<br>Government grants||||417<br>417|1,321<br>14321|
|||||4311|5,945<br>5,945|
|Investment income<br>Investment income||||||
|Deposit account interest<br>Deposit account interest||||1,707<br>1,707|1,816<br>1,816|
|Charitable activities<br>Charitable activities||||||
|Nursery fees<br>Nursery fees||||211,688<br>211,688|172,048<br>172,048|
|Out of school club<br>Out ofschool club||||95,859<br>95,859|90,740<br>90,740|
|Meals<br>Meals||||18,848<br>18,848|14,529<br>14,529|
|Local Authority Funding<br>Local Authority Funding||||143,798|116,807<br>116,807|
|||||470,193<br>470,193|394,124<br>394,124|
|Totalincoming resources<br>Total incoming resources||||476,690<br>476,690|401,885<br>401,885|
|EXPENDITURE<br>EXPENDITURE||||||
|Othertrading activities<br>Other trading activities||||||
|wages<br>Wages||||352,226<br>352,226|317,218<br>317,218|
|Social security<br>Social security||||16,806<br>16,806|18,152<br>18,152|
|Pensions<br>Pensions||||11,333<br>113333|9,415<br>9,415|
|Hire of plant and machinery<br>Equipment and materials<br>Hire ofplant and machinery<br>Equipment and materials||||2,377<br>979<br>2377<br>9719|2,150<br>I ,232<br>2,150<br>1,232|
|Fundraising costs<br>Fundraising costs||||374<br>374|1,002<br>1,002|
|Nursery toiletries<br>Nursery toiletries||||918<br>918|854<br>854|
|Food and drink<br>Food and drink||||7,805<br>7,805|7,943<br>7,943|
|Rent<br>Rent||||4,798<br>4,798|6,173<br>6,173|
|Rates and water<br>Rates and water||||3,237<br>3,237|4,697<br>4,697|
|Light and heat<br>Light and heat||||9,021<br>9,021|6,779<br>6,779|
|Telephone<br>Telephone||||517<br>SL?|520<br>520|
|Cleaning<br>Cleaning||||7,625<br>7,625|6,729<br>6,729|
|Advertising<br>Advertising||||154<br>154|112<br>112|
|Waste collection<br>Waste collection||||2,118<br>2,118|2,065<br>2,065|
|Licenses and permits<br>Licenses and permits||||337<br>337|326<br>326|
|Postage and stationery<br>Postage and stationery||||319<br>319|249<br>249|
|Insurance<br>Insurance||||1,371<br>1,37]|1,238<br>1,238|
|Adlilinistration<br>Administration||||2,269<br>2,269|488<br>488|
|Sundries<br>Sundries||||3,474<br>3,474|1,401<br>1,401|
|Dues and subscriptions<br>Dues and subscriptions||||546<br>546|591<br>591|
|Carried forward<br>Carriedforward||||428,604<br>428,604|389,334<br>389,334|



> This This page page does does not not form form part part of of[the] the statutory statutory financial financial statements statements 

> Page Page[13] 13 



> THE THE COMMUNITY COMMUNITY PLAYCENTRE PLAYCENTRE @ WALBERTON WALBERTON 

## DETAILED DETAILED STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE YEAR YEAR ENDED ENDED[31ST] 31ST MAY MAY 2024 2024 

|FOR THE YEAR ENDED <br>FOR THE YEAR ENDED|[31ST] MAY 2024<br> 31ST MAYMAY 2024||
|---|---|---|
||2024<br>2024|2023<br>2023|
||£|£|
|Othertrading activities<br>Other trading activities|||
|Brought forward<br>Brought forward|428,604|389,334<br>389,334|
|Bad debts<br>Bad debts|241<br>241|273<br>273|
|Travel expenses<br>Training courses<br>Travel expenses<br>Training courses|42<br>I<br>,449<br>42<br>1,449|3,152<br>-<br>33152|
|Computer expenses<br>Computer expenses|6,818<br>6,818|4,440<br>4,440|
|Repairs and renewals<br>Repairs and renewals|4,600<br>4,600|8,216<br>8,216|
|Gardeninu<br>Gardening|266<br>266|334<br>334|
||442,020<br>442,020|405,749|
|Support costs<br>Support costs|||
|Finance<br>Finance|||
|Bank charges<br>Bank charges|746<br>746|688<br>688|
|Bank loan interest<br>Bank loan interest|12,196<br>12,196|9,124<br>9,124|
||12,942<br>12,942|9,812<br>9,812|
|Other<br>Other|||
|Developmentcosts<br>Development costs|800<br>800|133<br>133|
|Freehold property<br>Freehold property|7,971<br>7,971|7,971<br>7,971|
|Plant and machinery<br>Plant and machinery|570<br>570|492<br>492|
|Computer equipment<br>Computer equipment|541<br>541|413<br>413|
|Loss on sale of tangible fixed assets<br>Loss on sale oftangible fixed assets|-|136<br>136|
||9,882<br>9,882|9,145<br>9,145|
|Governance costs<br>Governance costs|||
|Accountancy<br>Accountancy|2,934<br>2,934|2,718<br>2,718|
|Total resources expended<br>Total resources expended|467,778|427<br>,424<br>427,424|
|Net income/(expenditure)<br>Netincome/(expenditure)|8,912<br>8,912|(25,539)<br>(25,539)|



> This This page page[does] does not not fotm form part part[of] ofthe[ the] statutow statutory financial financial statements statements 

> Page Page[14] 14 



**The Community Playcentre @ Walberton** (A Company Limited by Guarantee) 

## **Trustees’ Annual Return** 

## **Report and Financial Statements for the Year Ended 31 May 2024** 

## **The Community Playcentre @ Walberton** 

## **Trustees’ Annual Return for the Year Ending 31 May 2024** 

Reference and Administration Information **Charity Name: The Community Playcentre @ Walberton Charity Registration Number: 1143734 Company Registration Number: 07640357 Registered Office: Community Playcentre at Walberton The Street Walberton BN18 0PJ** 

## **Trustees:** 

|Catherine Purdie|14/11/2016|
|---|---|
|Robert Rogers|01/02/2019|
|Dianne Rogers|01/02/2019|
|Jemma Hutchison|01/01/2020|
|Toby Hewson|19/04/2022|
|Rosie Davut|01/01/2024|
|Jacqui Meissel|01/01/2024|



|**Declaration**||
|---|---|
|**The** **trustees** **declare** **that** **they** **have** **approved** **the** **Trustees’** **report**||
|**Signed** **on** **behalf** **of** **the** **charity’s**T**rustees:**||
|**Signature**||
|**Full** **name**|Catherine Purdie|
|**Position** **(e.g.** **Secretary,** **Chair,** **etc.)**|Chair of Board of Trustees|
|**Date**|31stMarch 2025|



**Trustees’ Annual Return** May 2023 – May 2024 

**Page 1** 



## **Our Aims and Objectives** 

The 'Community Playcentre @ Walberton' (CP@W) is a registered charity set up in 2011 for: (a) The advancement of education and 

- (b) The advancement of citizenship or community benefit. 

Its objectives are  to benefit  the children and young people of the parish of Walberton and Binsted and surrounding areas, without distinction of sex, sexual orientation, race or of political religious or other opinions by associating the said children and young people with the local authorities, voluntary and other organisations in a common effort  to advance  education and to provide facilities in  the interests of social welfare for recreation and leisure time with the objective of improving the conditions of life for the children and young people in such ways as the charity trustees think fit. 

## **Our local community** 

This rural community, as defined by the parish boundaries of Walberton, Binsted and Fontwell, is host to around 2232 people in around 1304 households. 2021 figures show that we had approximately 301 people under 14 years of age/not on the electoral register but this will now be more as the population has increased locally with some 180 houses having been built in Walberton since 2020, plus many more in Fontwell and Barnham.  Further housing developments are in the process of being built in 2024/2025. 

## **Need** 

The Playcentre project arose from unmet demand for varied and high-quality children’s community activities locally,  and that  this unmet demand hinged on the  lack of a  suitably designed,  well-sited, flexible and affordable community hall with sufficient capacity to meet the demand of the community.  Specific, detailed evidence of need was gathered during a local community public consultation  exercise which identified demand for the following services: 

   - Breakfast club 

   - Day nursery care 

   - After school care 

- In addition, there was evidence of unmet demand for: 

   - Holiday clubs – day care/activities during school holidays 

## **Location** 

The Community Play centre has been built between the Village Hall and the Primary School on land leased to the charity by  the  Parish Council.  The plot is  ideally positioned, being in  the centre of the village, adjacent to local retail businesses, other community facilities and to the primary school. 

## **Design and Build** 

The Play centre provides a community space for local children of all ages although the location and design will make it ideal for our younger children in particular.  Being DDA and Ofsted compliant and child-centred in design with features including: 

- a. Enclosed 100m2 flexible play space leading to a secure outside play area. 

- b. Toilets with a mixture of child sized and adult sized WCs and a disabled toilet. 

- c. Kitchen with access from play space 

- d. Range of other rooms including staff/meeting room, office and storage facilities. 

- e. Features include secure entrance facility, non-finger trap doors, low level windows (so small people can see out, with some window filming for privacy), bike storage, refuse recycling area and a host of other child and eco-friendly design features. 

**Page 2** 



## **Permissions** 

The building complies with/exceeds building regulations and Arun District Council planning constraints.  The setting is registered with Ofsted and incorporates Ofsted building design guidance.  Licences and insurances are held to cover all activities taking placed in the Play centre. 

## **Sustainability** 

The charity has  created a  high  quality permanent, sustainably  designed building, exceeding building regulations,  with low maintenance  requirements,  and low running  costs  with a design in keeping  with surrounding buildings including the primary school. 

In  addition to the quality and sustainability of the building itself, the charity is  committed to ensuring environmental responsibility informs all policies for the running of the building including sourcing, (eco-tariffs for power) recycling (a waste sorting and recycling space is  included)  and building user agreements  to encourage responsible use of heat, light and hot water. 

## **Management** 

This  is a local community charity, answerable to the community it  serves  and facilitated by a board of trustees, (unpaid volunteers).  The charity currently employs up to 21 paid staff, ranging from Early Years Practitioners - level 2 and 3, Apprentices, Deputy Manager, Manager, Administrator/Bursar, Kitchen staff and Bank workers. 

The Trustees  carry out work voluntarily in conjunction with the  management  team, to represent a committed wider community of volunteers and supporters. 

## **Financial sustainability** 

Every year, the Trustees continue to provide a comprehensive budgeting and business model approach which it commenced eight years ago to manage its financial approach and provide adequate reserves. 

The charity continues to have a positive turnover, profit and significant reserves.  The charity continues to invest in our workforce as evidenced by salaries that meet or are above the living wage, payment of bonuses to staff, pensions above government targets and the engagement of apprentices.  The Trustees and management team have aligned staff salaries in to experiential level bandings, in order to remunerate staff according to experience and qualification levels and to provide opportunities for career progression. 

A £8,000 investment into the outdoor fencing of the Playcentre has resulted in the outdoor space being made fully secure and accessible by our children even during periods of wintery weather which ensures and enables them to exercise and encourages physical play. 

The accounts ending in May 2024 are in a healthy and positive state, including £175,000 in reserves. 

## **The focus of our work** 

Our main objectives for the year were to: 

- Provide a steady build-up of supporting and caring for more children in a controlled manner following a preprepared business model. 

- create a month by month, year to date financial plan based on anticipated business model predictions of growth in child numbers. 

- the engagement and retention of qualified staff who are remunerated appropriately. 

- the implementation of a managerial structure to provide support to staff. 

- establish sub-committees as part of a streamlined Trustee engagement model that will focus trustees into their key interest areas. 

**Page 3** 



- increase the scope and size of the operational management team in order that more support can be given to all staff. 

- continue to deliver provide a learning environment, where children are happy and safe 

- continue to provide healthy, home cooked meals. 

- establish nursery and holiday clubs and increase breakfast and afterschool numbers. 

## **A  c  hi e  v  emen  t  s  a  n  d Perf o  r  manc  e** 

## **Our achievements** 

- Ofsted Inspection – Rating of Good Attained 

- Food Hygiene Rating of 5/5 

- Provision of home cooked meals 

- Participation in nursery/business network meetings 

- Staff trained in: 

   - First Aid 

   - Food handling 

   - Fire safety 

   - Safeguarding 

   - Session planning 

   - Speech and Language 

- Fundraising approximately £3,474 

- Increased intake of children, all nursery sessions full and operating a reserve list for children wishing to enter the playcentre 

||Average Sept 2022|Average July 2023|Average July 2024|
|---|---|---|---|
|Breakfast|25 children|21 children|21 children|
|After school|33 children|35 children|35 children|
|Nursery|53 children|68 children|65 children|



## **S  t  r  u  c  t  u  r  e, Gov  e  r  n  a  nce a  n d Man a  g  e  ment** 

## **Governing Document** 

We are a  charitable company limited by guarantee, registered as a  charity on 18 April 2011  and incorporated on 19 May 2011.  The charity 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.  In  the event of the  company being  wound up, members  are required to  contribute  an amount not exceeding £10. 

## **Recruitment and Appointment of Trustees** 

The trustees of the charity are also directors of the company.  Under the requirements of the Memorandum and Articles of Association the directors (trustees) had been elected to serve for three years, after which they must retire at the first Annual General Meeting (AGM); however, this article may be reviewed in the forthcoming year due to a lack of volunteer Trustees coming forwards to volunteer their time. 

**Page 4** 



All trustees give their time on a voluntary basis and receive no benefits from the charity.  Expenses can be reclaimed from the charity in line with charity commission guidance.  A broad skill mix is required and trustees are recruited by approaching individuals who have the expertise needed.  A Schedule of Trustees is in place to ensure appropriate community representation across the Board.  This describes the interests of each of the six Trustees. 

Trustees are inducted by having a briefing session with the Chair, in the first instance, to go over what is required of them; what their obligations will be by becoming a trustee and what the charity’s future plans and objectives are. Once  the individual has  agreed to become a trustee, we have  an established induction process  which  is  the responsibility of a designated trustee and new trustees are signposted to review the Charity Commission website, especially the guidance “the essential trustee”; we have found this information to be most useful for new trustees. 

## **Organisational Structure** 

The Trustees meet on a monthly to six weekly basis and all trustees have voting rights, except on matters for which there may be a conflict of interest. 

## **Financial Review** 

Funding  was secured with a combination of local authority grant funding  and Charity Bank loan to  enable the construction  to commence which began in November 2014 and  was complete in  July 2015.  The childcare has become self-sufficient with income generated covering all running costs.  Capital grants have been awarded to cover the purchase of specific assets and training.  The repayment of the mortgage continues, with the interest rate to be re-negotiated after this period due to increases. 

## **Plans for the year ahead** 

- Continue to deliver and provide a learning environment, where children are happy and safe. 

- Investigate possible expansion plans, as the nursery is running a waiting list until September 2026. 

- Increase numbers for the out of school and holiday club 

- Introduce individual development plans for staff, so management can secure succession planning of roles 

**Page 5** 



## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE COMMUNITY PLAYCENTRE @ WALBERTON** 

## **Independent examiner's report to the trustees of The Community PlayCentre @ Walberton ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st May 2024. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for  the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

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

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

## Jennifer Hoult 

Evans Weir The Victoria 25 St Pancras Chichester West Sussex PO19 7LT 

05/02/2025 Date: ............................................. 

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