**The Community Playcentre @ Walberton** (A Company Limited by Guarantee) ## **Trustees’ Annual Return** ## **Report and Financial Statements for the Year Ended 31 May 2025** ## **The Community Playcentre @ Walberton** ## **Trustees’ Annual Return for the Year Ending 31 May 2025** Reference and Administration Information **Charity Name: The Community Playcentre @ Walberton 1143734 Charity Registration Number: 07640357 Company Registration Number: 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 Resigned 09/08/2024 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 2026| **Trustees’ Annual Return** May 2024 – May 2025 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 2025/2026. ## **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 23 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 nine 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 £15,000 investment into the outdoor area of the Playcentre has been accrued to update the outdoor space, ensuring children have ample opportunities to use gross physical movements, interact with peers and experience what nature has to offer and the benefits of being outdoors. The accounts ending in May 2025 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. Page 3 - the engagement and retention of qualified staff who are remunerated appropriately. - the implementation of a managerial structure to provide support to staff. - 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. - Expand the numbers of nursery, to help reduce a lengthy waiting list. ## **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 - Prevent - Fundraising approximately £1,921 - Increased intake of children, all nursery sessions full and operating a reserve list for children wishing to enter the playcentre ||Average Sept 2023|Average July 2024|Average July 2025| |---|---|---|---| |Breakfast|21 children|21 children|20 children| |After school|35 children|35 children|38 children| |Nursery|68 children|65 children|69 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. Page 4 ## **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 at any point if there was a lack of volunteer Trustees coming forwards to volunteer their time. 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 2027. - 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 **REGISTERED COMPANY NUMBER: 07640357 (England and Wales) REGISTERED CHARITY NUMBER: 1143734** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025** ## **FOR** ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** Evans Weir The Victoria 25 St Pancras Chichester West Sussex PO19 7LT **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Statement of Financial Position**|4|to|5| |**Statement of Cash Flows**||6|| |**Notes to the Statement of Cash Flows**||7|| |**Notes to the Financial Statements**|8|to|16| |**Detailed Statement of Financial Activities**|17|to|18| **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRATEGIC REPORT** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 07640357 (England and Wales) ## **Registered Charity number** 1143734 ## **Registered office** Community Playcentre @ Walberton The Street Walberton West Sussex BN18 0PJ ## **Trustees** Miss C J Purdie Hr Manager Ms J C Hutchison Accounts Manager Mrs D H Rogers Retired R M Rogers Retired T Hewson Volunteer Ms J Meissel Supply Chain Manager Mrs R Hawkins Teacher (resigned 9.8.2024) ## **Independent Examiner** Evans Weir The Victoria 25 St Pancras Chichester West Sussex PO19 7LT Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 16th February 2026 and signed on the board's behalf by: Miss C J Purdie - Trustee Page 1 ## **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 2025. ## **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 Date: ............................................. Page 2 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025** |2025
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
1,347
**Charitable activities**
5
Nursery
543,271
Other trading activities
3
3,121
Investment income
4
2,331
**Total**
550,070
**EXPENDITURE ON**
Raising funds
6
520,481
**NET INCOME**
29,589
**RECONCILIATION OF FUNDS**
Total funds brought forward
404,113
**TOTAL FUNDS CARRIED FORWARD**
433,702|2024
Total
funds
£
479
470,193
4,311
1,707| |---|---| ||476,690| ||467,778| ||8,912
395,201| ||404,113| The notes form part of these financial statements Page 3 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **STATEMENT OF FINANCIAL POSITION** ## **31ST MAY 2025** |2025
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Intangible assets
12
2,267
Tangible assets
13
325,967
328,234
**CURRENT ASSETS**
Debtors
14
1,827
Cash at bank
300,591
302,418
**CREDITORS**
Amounts falling due within one year
15
(73,268)
**NET CURRENT ASSETS**
229,150
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
557,384
**CREDITORS**
Amounts falling due after more than one year
16
(123,682)
**NET ASSETS**
433,702
**FUNDS**
19
Unrestricted funds
433,702
**TOTAL FUNDS**
433,702|2024
Total
funds
£
3,067
333,547
336,614
1,599
235,329
236,928
(41,936)
194,992
531,606
(127,493)
404,113
404,113
404,113| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at 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 requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 4 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **STATEMENT OF FINANCIAL POSITION - continued** ## **31ST MAY 2025** The financial statements were approved by the Board of Trustees and authorised for issue on 16th February 2026 and were signed on its behalf by: C J Purdie - Trustee The notes form part of these financial statements Page 5 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MAY 2025** |Notes
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash provided by investing activities
**Cash flows from financing activities**
Loan repayments in year
Net cash used in financing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning**
**of the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|2025
£
80,106
(11,522)
68,584
(1,842)
2,331
489
(3,811)
(3,811)
65,262
235,329
300,591|2024
£
52,555
(12,196)
40,359
(1,535)
1,707
172
(3,429)
(3,429)
37,102
198,227
235,329| |---|---|---| The notes form part of these financial statements Page 6 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MAY 2025** |**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**| |---|---|---|---|---| ||||2025|2024| ||||£|£| ||**Net income for the reporting period (as per the Statement of Financial**|||| ||**Activities)**||29,589|8,912| ||**Adjustments for:**|||| ||Depreciation charges||10,175|9,882| ||Loss on disposal of fixed assets||47|-| ||Interest received||(2,331)|(1,707)| ||Interest paid||11,522|12,196| ||(Increase)/decrease in debtors||(228)|636| ||Increase in creditors||31,332|22,636| ||**Net cash provided by operations**||80,106|52,555| |**2.**|**ANALYSIS OF CHANGES IN NET FUNDS**|||| |||At 1.6.24|Cash flow|At 31.5.25| |||£|£|£| ||**Net cash**|||| ||Cash at bank and in hand|235,329|65,262|300,591| |||235,329|65,262|300,591| ||**Debt**|||| ||Debts falling due within 1 year|(3,395)|-|(3,395)| ||Debts falling due after 1 year|(127,493)|3,811|(123,682)| |||(130,888)|3,811|(127,077)| ||**Total**|104,441|69,073|173,514| The notes form part of these financial statements Page 7 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - 2% on cost Plant and machinery - Straight line over 3 years Computer equipment - Straight line over 3 years ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 8 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** |**2.**
**DONATIONS AND LEGACIES**
Donated services and facilities
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Booking fees
Government grants
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Nursery fees
Nursery
Out of school club
Nursery
Meals
Nursery
Local Authority Funding
Nursery
**6.**
**RAISING FUNDS**
**Raising donations and legacies**
Support costs|2025
£
1,347
2025
£
1,921
680
520
3,121
2025
£
2,331
2025
£
161,750
79,311
20,399
281,811
543,271
2025
£
25,484|2024
£
479
2024
£
3,474
420
417
4,311
2024
£
1,707
2024
£
211,688
95,859
18,848
143,798| |---|---|---| |||470,193| |||2024
£
25,758| continued... Page 9 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** ## **6. RAISING FUNDS - continued** ## **Other trading activities** |**Other trading activities**||| |---|---|---| |Staff costs
Hire of plant and machinery
Equipment and materials
Fundraising costs
Nursery toiletries
Food and drink
Rent
Rates and water
Light and heat
Telephone
Cleaning
Advertising
Waste collection
Licenses and permits
Postage and stationery
Insurance
Administration
Sundries
Dues and subscriptions
Bad debts
Travel expenses
Training courses
Computer expenses
Repairs and renewals
Gardening
Aggregate amounts|2025
£
407,571
2,494
2,420
249
1,166
9,079
5,951
4,015
8,610
565
7,715
161
2,324
407
324
1,559
3,478
3,131
547
-
99
2,596
5,954
8,842
15,740
494,997
520,481|2024
£
380,365
2,377
979
374
918
7,805
4,798
3,237
9,021
517
7,625
154
2,118
337
319
1,371
2,269
3,474
546
241
42
1,449
6,818
4,600
266| |||442,020| |||467,778| continued... Page 10 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** ## **7. SUPPORT COSTS** |**SUPPORT COSTS**||||| |---|---|---|---|---| ||||Governance|| ||Finance|Other|costs|Totals| ||£|£|£|£| |Raising donations and legacies|12,184|10,222|3,078|25,484| ## **8. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||2025|2024| |---|---|---| ||£|£| |Depreciation - owned assets|9,375|9,083| |Hire of plant and machinery|2,494|2,377| |Deficit on disposal of fixed assets|47|-| |Development costs amortisation|800|800| ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st May 2025 nor for the year ended 31st May 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st May 2025 nor for the year ended 31st May 2024. ## **10. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs|2025
£
370,966
19,512
17,093
407,571|2024
£
352,226
16,806
11,333| |---|---|---| |||380,365| The average monthly number of employees during the year was as follows: ||2025|2024| |---|---|---| |Nursery School|22|23| No employees received emoluments in excess of £60,000. continued... Page 11 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** |**11.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---|---| |||Unrestricted| |||fund| |||£| ||**INCOME AND ENDOWMENTS FROM**|| ||Donations and legacies|479| ||**Charitable activities**|| ||Nursery|470,193| ||Other trading activities|4,311| ||Investment income|1,707| ||**Total**|476,690| ||**EXPENDITURE ON**|| ||Raising funds|467,778| ||**NET INCOME**|8,912| ||**RECONCILIATION OF FUNDS**|| ||Total funds brought forward|395,201| ||**TOTAL FUNDS CARRIED FORWARD**|404,113| |**12.**|**INTANGIBLE FIXED ASSETS**|| |||Development| |||costs| |||£| ||**COST**|| ||At 1st June 2024 and 31st May 2025|4,000| ||**AMORTISATION**|| ||At 1st June 2024|933| ||Charge for year|800| ||At 31st May 2025|1,733| ||**NET BOOK VALUE**|| ||At 31st May 2025|2,267| ||At 31st May 2024|3,067| continued... Page 12 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** ## **13. TANGIBLE FIXED ASSETS** |Freehold
property
£
**COST**
At 1st June 2024
398,558
Additions
-
Disposals
-
At 31st May 2025
398,558
**DEPRECIATION**
At 1st June 2024
67,406
Charge for year
7,971
Eliminated on disposal
-
At 31st May 2025
75,377
**NET BOOK VALUE**
At 31st May 2025
323,181
At 31st May 2024
331,152
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 17)
Trade creditors
Other creditors
Accruals and deferred income
Accrued expenses|Plant and
machinery
£
37,786
1,084
(140)
38,730
36,222
830
(93)
36,959
1,771
1,564
|Computer
equipment
£
3,562
758
-
4,320
2,731
574
-
3,305
1,015
831
2025
£
228
1,599
1,827
2025
£
3,395
910
2,796
23,498
42,669
73,268|Computer
equipment
£
3,562
758
-
4,320
2,731
574
-
3,305
1,015
831
2025
£
228
1,599
1,827
2025
£
3,395
910
2,796
23,498
42,669
73,268|Totals
£
439,906
1,842
(140)
441,608
106,359
9,375
(93)
115,641
325,967
333,547
2024
£
-
1,599
1,599
2024
£
3,395
151
4,322
9,016
25,052
41,936| |---|---|---|---|---| |||||| |||||| |||||| |||||| |||||| |||||| continued... Page 13 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** |**16.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 17)
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
**18.**
**SECURED DEBTS**
The following secured debts are included within creditors:
Bank loans
**19.**
**MOVEMENT IN FUNDS**
At 1.6.24
£
**Unrestricted funds**
General fund
404,113
**TOTAL FUNDS**
404,113
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
550,070
**TOTAL FUNDS**
550,070|2025
2024
£
£
123,682
127,493
2025
2024
£
£
3,395
3,395
3,395
3,395
120,287
124,098
2025
2024
£
£
127,077
130,888
Net
movement
At
in funds
31.5.25
£
£
29,589
433,702
29,589
433,702
Resources
Movement
expended
in funds
£
£
(520,481)
29,589
(520,481)
29,589|2024
£
127,493| |---|---|---| |||2024
£
3,395| |||3,395| |||124,098| |||2024
£
130,888| |||At
31.5.25
£
433,702| |||433,702| |||29,589| continued... Page 14 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** ## **19. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.6.23
£
**Unrestricted funds**
General fund
395,201
**TOTAL FUNDS**
395,201
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
476,690
**TOTAL FUNDS**
476,690|Net
movement
At
in funds
31.5.24
£
£
8,912
404,113
8,912
404,113
Resources
Movement
expended
in funds
£
£
(467,778)
8,912
(467,778)
8,912|At
31.5.24
£
404,113| |---|---|---| |||404,113| |||8,912| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.6.23
£
395,201
395,201|Net
movement
in funds
£
38,501
38,501|At
31.5.25
£
433,702| |---|---|---|---| ||||433,702| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |Incoming
resources
£
**Unrestricted funds**
General fund
1,026,760
**TOTAL FUNDS**
1,026,760|Resources
Movement
expended
in funds
£
£
(988,259)
38,501
(988,259)
38,501|Resources
Movement
expended
in funds
£
£
(988,259)
38,501
(988,259)
38,501| |---|---|---| |||38,501| Page 15 continued... **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MAY 2025** ## **20. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st May 2025. Page 16 ## **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donated services and facilities
**Other trading activities**
Fundraising events
Booking fees
Government grants
**Investment income**
Deposit account interest
**Charitable activities**
Nursery fees
Out of school club
Meals
Local Authority Funding
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Wages
Social security
Pensions
Hire of plant and machinery
Equipment and materials
Fundraising costs
Nursery toiletries
Food and drink
Rent
Rates and water
Light and heat
Telephone
Cleaning
Advertising
Waste collection
Licenses and permits
Carried forward|2025
£
1,347
1,921
680
520
3,121
2,331
161,750
79,311
20,399
281,811
543,271
550,070
370,966
19,512
17,093
2,494
2,420
249
1,166
9,079
5,951
4,015
8,610
565
7,715
161
2,324
407
452,727|2024
£
479
3,474
420
417| |---|---|---| |||4,311
1,707
211,688
95,859
18,848
143,798| |||470,193| |||476,690
352,226
16,806
11,333
2,377
979
374
918
7,805
4,798
3,237
9,021
517
7,625
154
2,118
337
420,625| This page does not form part of the statutory financial statements Page 17 **THE COMMUNITY PLAYCENTRE @ WALBERTON** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025** |**Other trading activities**
Brought forward
Postage and stationery
Insurance
Administration
Sundries
Dues and subscriptions
Bad debts
Travel expenses
Training courses
Computer expenses
Repairs and renewals
Gardening
**Support costs**
**Finance**
Bank charges
Bank loan interest
**Other**
Development costs
Freehold property
Plant and machinery
Computer equipment
Loss on sale of tangible fixed assets
**Governance costs**
Accountancy
Total resources expended
**Net income**|2025
£
452,727
324
1,559
3,478
3,131
547
-
99
2,596
5,954
8,842
15,740
494,997
662
11,522
12,184
800
7,971
830
574
47
10,222
3,078
520,481
29,589|2024
£
420,625
319
1,371
2,269
3,474
546
241
42
1,449
6,818
4,600
266| |---|---|---| |||442,020
746
12,196| |||12,942
800
7,971
570
541
-| |||9,882
2,934| |||467,778| |||8,912| This page does not form part of the statutory financial statements Page 18 ## **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 2025. ## **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 Date: ............................................. 16th February 2026 Page 2