Draft Financlal Statements at 06 May 2025 at 11:00:57 Charlty rngistration number 1144573 Company rogistralion number 03464994 (England and Wale$} THE GREENHOUSE MULTI4ULTURAL PLAY AND ARTS PROJECT ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 L ) Hargreaves & Woods CHARIRED ACCOIINIANIS & BUSINESS ADVISERS
Draft Financial Statsmants at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs V Brereton M Serrano Mlss J Benoni MSA Bihl Mrs S Dodd Miss A Oe-Freltas Mendonca Ms D J Wright (Appointed 10 March 2025) Secretary Ms D J Wright Charlty number (England and Walos) 1144573 Company number 03464994 Roglstorod offlce riber Street Sita Lodge Lane Liverpool L8 OTP Indepandent examln•r James Hargreaves FCA Cholmondeley House Dee Hills Park Chester Cheshlre CH3 SAR
Draft Financlal Stat8m•nts at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT CONTENTS Pago Trustees, report Independent 8xamine¢s report ststement of financlal actlvltles Balance sheet Notes to the financial statements 7-15
Draft Flnanclal Statemenls at 06 May 2025 al 11:00:57 THE GREENHOUSE MULTI¢ULTURAL PLAY ANDARTS PROJECT TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 NOVEMBER 2024 The truste8s pr8senl their annual rèport and financial statements for the year ended 30 November 2024. The financial ststements have been pr8pared in accordance with the accounting policios s8t out in note 1 to the financial statements and comply wlth the charity's gov8ming document, the Companies Act 2006 and "Accounting and Reporting by Charit18s: Statemént of Recommended Practlce appll¢able to Charities preparlng thelr accounts in accordance with the Flnan¢lal ReKM)rting Standard applicable in the UK and Republic of Ireland {FRS 102)" {effective 1 January 2019). ObJ•ctlveg and actlvltl•s Th8 Greenhouse Prolect's Board of Trustees and Its Officers put the b8n8ficiaries of the charlty at the heart of thoir plans and all of their decision making. Théy ènsure that we provlde activlti6s and events that support children and young people's creative devek)pment and promot8 a greal8r understanding of diversity and interactlon wlthln and beeen communiti8s. W8 work hard Io gxpand and maintaln exlstlng partnerships and networks and Increase our ability to create and dellver both local and Merseyslde wlde programmes of arts and play baséd activities that provide alt8matlve approaches lo learning and improve chlldren and young people's health and w811-b8ing. We provide opportunlll8s for individual's development and training and for gaining formally accredited qualifications. Trustees and officers work to id8ntrfy funding and Income generatlng opportun5tles and ensure that approprlate r8sourc8s and facililles and the infrastructure for programme delivery is In place. Our Trustees promote the work of the organlsation and the benefits that involvement in arts and play based learning brings. Public benefit The trustees have pald due regard to guldanc8 Is5uod by the Charlty Commission In deddlng what actlvitl8S the charity should undertake. VISION - More prosperous, creativo. coheslv8 and sustainable communities. MISSION -To build 8 culture of particlpatlon through whlch children and young people's CreavIty are developed and their energy and Ideas recognls8d and harnessed in regenerating thelr communlty. We have been fundèd throughout the year by grants and donatlons and fees charged to parents for after School plckups and chlldcare. Wo contlnu& to bè lh8 driving force In the development of the Sacre Tiber site where we are based and Brf8n Oawe remains The Greenhouse Project's representauve on fiber's Board of Trustge$. Achlevements and perlofmanc• Slgnificant aclivilles and achiévgments againsl otyectlves Our staff and volunteers hav8 used thelr expertise and Ihelr mental hèalth training to 8UPPOrt chlldren and young people In bulldlng their resilience and addresslng the challenges that they hav8 been facing as part of th8 long-term consequence of the Covld-19 pandemlc. Our staff and volunteers hav8 pulled in all of the resources available and wlth tho help of other organisations. Good Gym. The Reader. Windows, Cycle of Llf8, The Everyman and Playhouse Theatres, Tat8 Liv8rpool, Mandela8. Culiure City, The Alcantara Family Foundation and LFC Foundation. have provided a wide range of physical fitness, mlndfvlness and creative leaming 6xperiences and resources for our Early Years Chlldren - ages 2-5, our Out of School and Playseheme Children - aged 5-12 and our Young Event PrOdUr$ aged 13-18. A special event planned by Julia Alcantsra wilh the help of LFC Foundation rais6d the funds for a brand-néw ouidoor play area for our Earfy Years Edueation Centre and our Out of School Club. Construcllon Company KrolCorl8tt. Warehousè brands. Huyton Asphalt and ESP play added a bike track. artificial grass and W811 gr88nèry and a pogoda creating a wonderful envlronment for exploring, leaming and fun. Durlng 22-23 our Ywng Evenl Producers stepped up thelr game. working with Tate Liverpool. Tumer prize wlnning Artist Mark Leckey and MPl)Ser and sound producer Silvo. to create an audiowvlsual piece of work called 'Future Forecast,, a 24 mlnute fllm presenting an imagined vision of tho future. where extreme weather conditions have changed the landscape of Liverpool. The work was first show at 'Late at Tate, in September '23. The group also planned and delIved community events with a Christmas Wintèr Wonderland Grotto and a 'Love on the Lane. summer festival for children and famili8S taking place on Tib9r Square.
Draft Financial Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 As local famlll8s contlnued to struggle financlally the provlsion of meals and supplying the Ingredlents for them was a priority for us. Throughout the year we onr£ again fed over 300 individual children In our Earty Years EduGatlon and Out of School provisions,. delivering 4 cook and eat $8sslons each day durin9 the school holldays and providing h8althy snacks in each of our 3 daily school term time sessions. The delivery of free food hampars from LFC Foundatlon provlded addltlonal help for farnilies who would have otherwise struggled during the Summer and Christmas school holidays. Our Greenhouse ProjecVFans Supportlng Food Banks, food panty continu8d to be supported through g8nerous donatlons of funding and by our wonderful Volunteers who each week s8t the pantry up, served custom8rs and cleared away. The Food Panty provided shopping for a charg8 of just £3.00 for 10 items for 80 -100 lo¢al families on a weekly basis. The Food Pantry also hosted the 'Young Readers Club. and a varfety of other communlty health Informatlon and advl¢e services. 2023 Saw our staff and volunteers worklng towards and achlevlng Infomiatlon Technology Skills. National V¢xatlonal Quallfl¢atlons, Special Education Needs Awards and Enterprise and Managemenl quallficatlons. Flnanclal rovl•w Reserves policy It Is the policy of the charlty that unr88trictad funds whlch hav8 not been designated for a specific use should be malnlained at a level equlvalent to betsveen three and 8lx month's 8xpendSture. The trustees ¢onslder that reseNes at thls18v81 wlll ensure that, in the event of a significant drop in fundlng, they will be able to continue the charity's current activities while consideration Is glv8n to ways in which additional funds may be ralsed. Thls level of reseNes has be8n rn8lnlalned throughout the year. Structuro. govornanco and manag•m•nt The trustees. who are also the directors for the purpose of company law, and who served during the year and up to the d8te of signature of the Ilnanclal ststements were: Miss P Sutton (Reslgned 10 March 2025) Mrs V Brereton M Serrano Miss J Benoni Ms A Blhl Mr P Khan Mrs S Dodd Miss A D8-Fr8itas Mendonca Ms D J Wrlght (R85ign8d 10 March 2025) {Appolntsd 10 March 2025) Recruitment and ppntrnent of tnist888 The Trustee8' report was approved by th8 B08rd of Tru8te88. M Serrano Dlroctor Dat8..
Draft Finan¢ial Statemants at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GREENHOUSE MULTI<ULTURAL PLAY AND ARTS PROJECT I report to the tnjslees on rny exarnlnatlon of the financial statem8nls of The Greenhouse Multi-cultural Play and Arts Project {the charity) for th8 year 8nd8d 30 November 2024. Rosponslbllltles and basls of report As the trustees of the Charity (and also its directors for th8 purposes of Company lawl. you are r8sponsible for the preparats'on of th8 financial statèments in accordance wlth the requlrements of the Companies Act 2006. Havlng satlsfied myself that the financial statements of the charity are not r8qulr8d lo b8 audit8d under Part 16 of the Companl8s Act 2006 and are ellglble for indep8nd8nt 8xamlnation. I report in respect of my examlnatlon of tha charlvs flnanclal 8tatem8nts carrled out under seclion 145 of the Charlt16s Act 2011. In ¢arying out my examinalion I have followed the Directions glven by the Chartty Commission under section 145<5){bl of th8 Charities Act 2011. Indopondont •xamIn•* $tatsm•nt I have Completed my examlnation. I confimi that no matters have come to my attention in connection with the examination giving me caus8 to bellevg th81 In any material respecl: accountlng records w8r8 not k8pt in respect of the charity as requlred by sectlon 386 of the Companies Act 2006. the flnan¢lal Statements do nol accord with those records" or the financial statements do not comply wlth the 8ccounts.ng requirements of sèction 396 of the Companles Act 2006 other than any requirement that Ihe financial statements give a true and falr vlew. whlch 18 not a matter considered as part of an independent examinatlon; or the financial statem8nt$ have not been prepared in accordance with the methods and prlnclples of the statement of Recommended Practice for accountlng and reportlng by chariti8S applicablè to charlties preparing their financi81 statements in accordance with the Financial Reporting Standard applicable in the UK and Republ1¢ of Ireland (FRS 102). I have no concems and have com8 across no other matters In connectlon wlth tho examlnatlon to which attentlon should b8 drawn in this report in order to enable a proper understanding of the financial ststements to b9 reached. Jam•8 Hargreaves FCA Cholmondel8y House Dee Hllls Pa Chèster Cheshire CH3 SAR
Draft Flnanclal Statsmonts at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY ANDARTS PROJECT STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2024 Reslrlcled funds 2024 Restrfcted funds 2023 Notos Incoma from: Donations and18gacles Grants Other tradlng actlvltles 45,059 133,854 58,636 61,706 163,345 151.149 Total In¢om• 237,549 376,200 ExpendStur• on: Charitable actlvi116s 241,845 382,852 Total expendlture 241.845 382.852 Not oxpandlturn and movament In funds 14,296) (6,652) Rèconclllatlon of funds: Fund balanGos at 1 December 2023 5,282 11,934 Fund tsalan$ at 30 Novgmb•r 2024 986 5,282 Th8 stat8m8nt of financi81 activities includ8S 811 gains arKI10sses recognlsed In the year. All income and expèndlture derive from contlnulng actlvllle8.
Draft Flnanclal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI¢ULTURAL PLAY AND ARTS PROJECT BALANCE SHEET ASAT 30 NOVEMBER 2024 2024 2023 Notes Current asset$ Debtors Cash at bank and in hand 13 4.163 5.889 22,467 13.330 10.052 35,797 Creditors: amounts falllng due wlthln ono ywr 15 (9,066) (30,515) Not ¢urr•nt assets 986 5.282 fund$ of the charlty Restricted Income funds 17 986 5,282 986 5,282 Thè company is entitled io tho 8xemption from the audlt requirement contained in secllon 477 of the Companles Act 2006, for the year ended 30 November 2024. The dlrectors acknowledge their responsibilities for complylng wlth the requiremanls of the Compani88 Act 2006 wlth respect to accountlng re¢ord$ and the preparation of financlal statements. Tha members hav8 not required the company to obtaln an audit of its flnancial statements for the year In qu8stlon In accordance wlth sectlon 476. These flnanclal statements have b88h prepared in accordanc8 With the provlsions appllcable to companles suble lo the small companies regim8. The flnan¢lal $tatement$ were approvad by tha trust88s on M Serrano Dlroctor Company reglstration number 03464994 (England and Wales)
Draft Flnan¢ial Staloments at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 Accountlng poli¢i0g Charlty Infomiatlon The Greenhouse Multl-cultural Play and Arts Project Is a registered charity in England and Wales and is Incorporated by guarantee. The address of the principle offi¢e Is Tlber Street Site, Lodge Lan8, Livgrpool. L8 OTP. 1.1 Accountlng conventlon The financlal statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Flnancial R8POrtlng Standard applicable In the UK and Republic of Ireland. {°FRS 102") and th8 Charities SORP "Accounting and Reporting by Charities.. Statement of Recommend8d Practice applicable lo charitles preparing their accounts in accordancg Wlth the Financial Réporting Standard appllcabla In the UK and Republic of Ireland (FRS 1021" {8ff8CtIv8 1 January 2019). The charlty Is a Publi¢ Beneflt Entity as definèd by FRS 102. The charfty has taken advantsge of tha provisions In the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared In sl8rfing, which is the functlonal Currency of the charity. Monetary amounts in these flnancial slatemonls are roundod to the nearest £. The financial statements have been pr8par6d under the hlstorlcal c08t Convention, The principal accountlng policles adopted ar8 Sat out below. 1.2 Golng con¢•m At the tlme of approvlng the flnancial stat8m8nts. the trustees hav8 a reasonable expectatlon that the charity has adequate resources to contlnue in operatlonal exlstence for the foreseeable future. Thus the trustees Continua to adopt the going concern basis of accounting In preparing the flnanclal 81atements. 1.3 Charitablo funds Unrestrtcted fund8 are avallable for use at the dlsemtion of the trust888 in furtherance of thalr ¢harftable objectives. Restrtcted funds are sublod to specific condillons by donors or grantors as to how they may be used. The purposes and uses of thp restricted funds are set out in the notes to the financial statements, Endowment funds are subject to Specif conditions by donors that the capital must b8 malntained by the charity. 1.4 Incomo Incom8 is wognised when the Charity is legally entitled to it after any performance conditions have been met. the amounts can be measured rellably, and it is probable that Incom8 will b& rèceived. Cash donations are recognised on receipt. Other donations are recognised on¢e the charity has been notified of the donation. unless p8rformance conditions require deferral of the amount. Income tax recoverable in ralalion to donat]on8 roceiv8d under GiftAid or deeds of covenant 15 recognised al the time of the donatn. Legacles are re¢ognised on recelpt or otherwise rf the charity has b88n notified of an impendlng dlstrfbution. the amount is known, and receipt is expected. If th8 amount is not known. the lega¢y is treated as a contingant asset.
Draft Flnancial Statoments at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 Ac¢ounllng pollcles (contInu) 1.5 Expgndlturo Expendlture is recognised once Ih8r8 is a legal or nstructIve obligation to transfér economic benefrt to a third paty, it is probable thal a transfer of economic b8n8fits will be required In settlement, and the amount of the obligation can b8 measured reliably. Expendlture is classified by activity. The costs of eath activlty are mad8 up of th8 total of direct costs and shared costs, including support costs Involved in und8rtaking éach activity. Direct costs attrlbutable to a slngle actlvlty are allocated dir8clly to that activlty- Shared costs whlch ¢ontribute to more than one activity and 8UPPOrt costs which are not attrlbutable to a slngle activity are apportioned between those activltles on a basls consistent wlth the use of resources. Central staff costs are allocated on th8 b8sis of tim8 spént, and depreciation charges are allocated on the portlon of the asset's us8. 1.6 Tanglblo flxod assotg Tangible fixed assets ar8 initially measurod at cost and subsequently measured at cost or valuatlon, net of depreciation and any Impalrm8nt losses. Depreclatlon is recognis8d so as io writa off the cost or valuatlon of assets less their residual values over Ihelr useful lives on the following bases: Flxtures ond flttlngs Computers 25QA stralght line 33Y• 8traight line The gain or10ss arising on the dlsposal of an asset is det8miined as the difference belw88n th8 salè proceeds and the carying value of th8 asset, and is recognised In th8 Statement of flnancial aclivilies. 1.7 Cash and cash •qulvalènt* Cash and cash equlval8nts Include cash in hand. deposlts held at call wlth banks. other short-temi Ilquid Investmènts wlth original malurilies of thre8 months or less, and bank ovardrafts. Bank ovardrafts are shown within borrowlngs In ¢urrenl Ilabllltleg. 1.8 Flnan¢lal In$trum•nt• The charlty has 818ded to apply the provisions of Section 11 'Baslc Flnancial Instruments, and Section 12 'Other Financlal Instruments Issues, of FRS 102 to all of its flnancial instruments. Flnancial instrum8nts are recognised In the charlty's balance sheet when the charlty b8com8s party to the contractu81 provisions of the Instrument. Flnancial assets and liabllltl8s arè offset, vAth the net amounts presentéd In the financial stalements, when there Is a legally enforceable rfghl to set off th8 r8cognised amounts and ihere Is an Intentlon to settle on a net ba8is or to realise th8 asset and settle the liability simultaneously. Baslc Ilnanclal assets Basic financial assets, which include debtors and cash and bank balances. are inltlally measured at transaction prfce Includlng transaction costs and are subsequenlly carried at amortised cost using the effective Interest method unles5 thé arrangement constitutes a financing transaction, where the transaction Is measured at Ihe present value of the tUre receipts discounted at a market rate of Interest, Flnanclal assets classified as recgivable within one year are not amortised.
Draft Financlal SL*ements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 Aceountlng pollclo8 (Contlnuod) Baslc flnan¢lal Ilabllltlos Basic financial118billtl8s, Including creditors and bank loans are initially recognised at transaction pric8 unlèss the arrangement constitutes a financlng transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of Int8rest..Financial Ilabllltles classified as payable withln one year are not amortised. Dabt Instrum8nts ar8 subsequenlly carrtad at amortlsed cost, using the effectlve interest rate method. Trade credltors are obligations to pay for goods or s8rvlcés that have been acquired in the ordinary course of operations from suppliers, Amounts payable are classified as Current liabilities if payment is due within on8 year or less. If not, thay ar8 presentsd as non-¢urrent liabilities. Trade creditors are r8cognis8d initially at tr8n88Ctlon prl¢e and subsequ8ntly measured at amortls8d cost uslng th8 8ff8ctivé Int8resl method. D•recognltlon of flnanclal Ilabllltl•s Flnancial Ilabllltles are derecogni88d when the charitys contraclual obligatlon8 explre or are discharged or cancelled. 1.9 Employee b8Mflts The cost of any unused holiday entitlement Is recognl8ed in lh8 period in which the 8mployeg's services ara recelved. Temlnatlon benefrts 8re r8cognised Immadlately 88 an expense when the charlty is demonstrably commltted to tsrminat8 thg employment of an employee or to provide teInatIon b8n8fits. 1.10 R•tlr•mont bonallt$ Payments to defin8d contdbution retlr8menl beneflt hoMe$ are tharged ag an 8xpens8 as they fall due. Crftlcal accountlng ••tlmat•8 and ludgomonts In the application of the ¢harity'8 accounting pollcie$, the trustees are required to make judgements. estimates and assumptions about the carrying amount of ass8ls and liabilities that are not readily apparent from othgr sources. The estimat8S and assoclated assumptions are based on hlslori¢al experience and other factors that are considèred to be relevant. Actual results may differ from these estimates. The estlmates and underfying assumptions are revlewed on an ongolng basls. Revl8lons to accountlng estimates are recognised in the period In which th8 estimate is revised where the revision affects only that pèdod, or in the parlod of the r8vlsion and future periods where the revision affects both current and fuiur8 periods. Income from donatlon8 and legacle8 R•strlcted funds 2024 R•slrlcted funds 2023 Donations and gifts 45.059 61,706
Draft Financlal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI<ULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 Income from donatlons andlogacles (Contlnu•d} Restrlct•d funds 2024 Rèstricted funds 2023 Donatlons and glft$ Donations Greenhouse Donations Chlld¢are Services Donations Food Panty 10.450 1.603 33,006 14.222 8,006 39,478 45,059 61,706 Incom• from ¢harltablo actlvltles Rgstrlctod funds 2024 Restrlcted funds 2023 Grants Servlces provlded under Contract Perfomiance related grants Charitable rentsl Income 21,245 3,518 .109,091 25,499 12.747 125.099 133,854 163.345 In¢om• from other tradlng acllvlll•8 Rostrlcted fund8 2024 R•$lrl¢ted fund• 2023 Non-charltable trading activitl8S Membershlp sUbriPtiOnS arKI sponsorships Fundraising events 8.127 44,333 8,176 112,712 38,111 326 OU)er trading activitles 58,636 151.149 10-
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Draft Financlal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 Support costs allocatad to a1ville$ 2024 2023 Govemance costs 3,717 4.379 Anaed botweon: Programme ofArts chlldcare Services 1,224 2,493 1,728 2.651 3,717 4,379 N•t movemenl in lunds 2024 2023 The net movement in funds Is ststed after chargingl(crediting): Fees payable for the Independent exaffllnatlon of the ch8rlty's financial Statements Depreciatlon of owned taThJible fixed assets 3,717 4.379 4,005 Trust•os None of th8 trustees (or any persons connected wlth them) recelved any r8mungration during the year, but one trustee was r8lmburged a total of £412, (£254 DBS ¢he¢ks and £158 Offic8 ¢0sts1 {2023: £0). 10 Employeos The average monthly number of employees during the year was: 2024 Numbor 2023 Numbor Admin Othar 11 25 Total 13 27 Employment costs 2024 2023 Wages and salaries Social security costs Other penslon costs 165,108 (4,108) 2.714 287.690 11.305 3,087 163,714 302.082 There were no 6mploy8es whose annual MuneratiOn was more than £80.000. 12-
Draft Flnanclal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 11 Taxatlon The charity is exempt from taxation on Its activities because all Its income is applled for charitable purposes. 12 Tanglble flxed assets FI•$ and fittlng• Computgr• Totsl Cost At 1 December 2023 29,413 8.017 37,430 At 30 N¢)vember 2024 29,413 8,017 37.430 Depreclatlon and Impalrmant At 1 December 2023 29,413 8,017 37.430 At 30 November 2024 29,413 8,017 37.430 Carrylng amount At 30 November 2024 At 30 November 2023 13 Dobtors 2024 2023 Amounts falllng dug withln one yoar: Prepaymènts and accrued Income 4.163 22,467 14 Loans and overdraft8 2024 2023 Bank overdrafts 7.590 Payable withln one year 7,590 13-
Draft Flnanelal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 15 Credltors: amounts falllng due wlthin one year 2024 2023 Notes Bank overdrafts Othar taxation and social security Trade credltors 0th8r creditors Accruals and deferred incomg 14 7.590 203 726 558 5,609 2,173 20.609 2,113 9,066 30,515 16 R•tlromont bèngflt schem88 2024 2023 D•flngd contrlbutlon scheme8 Charge to profit or loss In re8pect ol defined wntrlbution schemes 2,714 3,087 The charfty operates a deflned contrlbutlon pgnslon scheme for all qualifylng employees. The assets of the Scheme ar8 held 8eparat8ly from those of the charlty In an Ind8P8nd6ntly admlnl8ter8d fund. 17 R•8trl¢ted funds Th6 restrictéd funds of the Charity comprise the unexpended b81anc88 of donatlons and grants held on trust subject to spa¢lflG Conditions by donors as to how they may be used. At1 D•cember 2023 Incomlng R•sourco• r•$OU08 oxpend•d At30 Novembor 2024 5,282 237,549 1241,845) 986 Prevlous year: At1 December 2022 Incomlng resourc88 Ro•ourcas èxpondod At30 November 2023 11,934 376.200 (382.852) 5.282 14-
Draft Flnanelal Statements at 06 May 2025 at 11:00:57 THE GREENHOUSE MULTI-CULTURAL PLAY AND ARTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024 18 Anatysis of net assots botween funds Rèstrictod fvnds 2024 At 30 Novomr 2024: Current as8etsllliabilities) 986 986 Restrlctod funds 2023 At 30 Novomber 2023: Current assetsl(liabilllles) 5,282 5.282 19 Rolatod party tran8actlons Debble Wright is a tru8te8 of The Gr8enhou88 Project. Tho nature of the related party is that of a loan from D Wright to The Gre8nhouse Project. The balance owlng lo D Wright at 2024: £4,396 {2023: £19,396). In this year. £15,000 of the loan was repald to D Wrfght. 15-