Company Registration No: 07987573 (England and Wales)
NEW GUMBOOTS AFTER SCHOOL CLUB
(A COMPANY LIMITED BY GUARANTEE) DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
REGISTERED CHARITY NUMBER 1147295
NEW GUMBOOTS AFTERSCHOOL CLUB
31 MARCH 2023 Company Registration Number 7987573 Registered Charity Number 1147295
TRUSTEES REPORT
CONTENTS
Trustees Annual Report
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their Directors' report and the financial statements of the charity for the year ended 31 March 2023. The Trustees confirm that the report and the financial statements comply with current statutory requirements, the requirements of the charity's governing document and relevant for the period ended 31 March 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity name: New Gumboots Afterschool Club.
Charity registration number: 1147295
Company registration number: 7987573
Registered office: East Dulwich Community Centre 46-64 Darell Road, London SE22 9NL
The Trustees
The Trustees who served the charity during the year were as follows:
Kristy MacDonald Michelle Toll
Independent Examiner
S A Jeffries K.A. Jeffries & Company 18 Melbourne Grove London, SE22 8RA
Banker
H S B C 66, Lordship Lane London, SE22
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STRUCTURE, GOVERNANCE AND MANAGEMENT
Past and present users of the facilities of the Charity form its membership and elect the Executive Commit at the Annual General Meeting. One third of the Executive Committee Members resign at each AGM but are eligible for re-election.
Day to day management is delegated to the General Manager to whom all staff are responsible
TRUSTEES
The Trustees for the New Gumboots Afterschool Club are all volunteers. The current Board of Trustees offer a broad and diverse range of skills.
The Trustees are former parents of the club and members of the local community who are able to articulate the needs of local families.
OBJECTIVES AND ACTIVITIES
The main aim of New Gumboots Afterschool Club is to provide education through play and to provide safe and stimulating play activities for primary school aged children.
The mission of New Gumboots Afterschool Club is to deliver out of school hours activities for primary school children which meet the needs of the children and their parents.
ACHIEVEMENTS AND PERFORMANCE
New Gumboots Afterschool Club sets very high standards in service delivery. It has passed Southwark's Pathways to Quality scheme which is a recognised quality improvement scheme endorsed by Southwark Council.
New Gumboots Afterschool Club has received high and perfect marks for its Food Safety from Environmental Health.
New Gumboots Afterschool Clubs aim to meet the requirements of OFSTED. All clubs' are currently judged as Good.
New Gumboots Afterschool Club has grown steadily since it began in 1995 and now runs across 2 sites with an average of approximately 106 children per day.
New Gumboots Afterschool Club has previously run successful summer play projects.
FINANCIAL REVIEW
The results of the year's operation are set out in the attached financial statements. The Charity made an operating profit of £24,425. The Charity’s main source of income is parents fees.
Reserves policy
This has yet to be agreed.
Risk policy
The Trustees have reviewed the key risks to which the Charity is exposed. There are operating, financial and compliance controls that have been implemented to reduce / eliminate those risks. The Trustees consider that there is an ongoing process for identifying, evaluating and managing the Charity's risks.
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PUBLIC BENEFIT
The aim of the Charity is to provide support for local parents particularly lone parents, to enable them to work or study full time while providing an out of school hours service for their children. The aim of this service is to enable children to develop both socially and academically. Both these services have clear benefit to the local community in Dulwich and surrounding areas.
The Trustees do not consider there is any detriment or harm caused by these services.
The opportunity to benefit from the Charity's work is largely limited to the Dulwich and Peckham and surrounding areas.
The service itself can assist parents in Dulwich and Peckham and neighbouring areas to better themselves and therefore reduce poverty levels.
The Trustees do not consider those partially in poverty are excluded from benefit.
Trustees do not receive any fees or remuneration in respect of their activities and are only reimbursed for necessary travel expenses. In the year ended 31 March 2023 no such expenses were reimbursed.
SOME KEY ACHIEVEMENTS 2022/23
The Charity has:
-
. regularly looked at improving / giving training to staff
-
. Run 2 successful afterschool clubs.
PLANS FOR THE FUTURE
To maintain a high standard of work and performance in relation to out of school hours care.
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kyosumgthatlthe Clwity will oJnb"nue in waJi. reaSonae acojracy at any the finarKa81 posi) oftr tharity and ww 8nable them to IN KA Jeffnes & Comparry 18 Mdtxyjme Grove SE22 8RA ,I,,la3
sel txrt pag8$ 6 10 10. Isidwth autht rwwwem8nt of lI)n 14412) ofthe Chwiiies 2011 (the 2011 kt) to exarruntr the ac¢ounts under 145 ofthe 2011 kt and to State. ¢)n thp b6 Jl lo wre atxounts wluch acc£¥d th the rnnbrvJ rec4y¢s to ¢wpty Chart•rnd Accountant 18 Ilelbtsum¢ Grov• London. SE22 8RA If.17.
NEW GUMBOOTS AFTERSCHOOL CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| Note Income Income from Charitable activities 2 Government Grants received Total income Expenditure Direct Charitable Expenditure 3 Staff costs Management and Administration 4 Total expenditure Net income / (expenditure) and net movement in funds Balance at 31 March 2022 Total funds carried forward |
Unrestricted Funds £ 214,354 - 214,354 144,092 45,836 189,929 24,425 10,754 35,179 |
Total Total Restricted Funds Funds Funds 2023 2022 £ £ £ - 214,354 185,279 - 2,906 |
|---|---|---|
| 214,354 188,185 |
||
| - 144,092 151,869 - 45,836 46,390 |
||
| - 189,929 198,259 |
||
| - 24,425 ( 10,074) - 10,754 20,828 |
||
| 35,179 10,754 |
The notes on pages 8 to 10 form an integral part of these accounts.
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NEW GUMBoofs AFTERSCHOOL CLUB NCE SHEET R THE YEAR ENDED 31 MARCH 2023 Ttstsi ReBtrlcted Fund• Funds 2023 Tots Funds 2022 Unrn8tr1cted Fund¥ Noto Flx•d a886ts Tangible Assets 79 79 159 Currènt a88•ts D8blors C¥$h at bank and in han¢J 4.846 56,524 61.370 8,565 29,294 37,859 56,524 61,370 Cr•dltorn: Amoun1• falllng du• wlthln one y•ar N•t curr•nt a•8•ts 35,100 35,1 10.595 Totsl •u•ts l•M ¢urrnnt Il•blllUo• 0,754 Charbty Fund•'. Unreslri¢l&d funds Total fund¥ 35,179 35.179 10,754 10,754 35,179 For the financi81 year ended 31 March 2023 the company WaB entitled Io 8xemptton from audit under Bedon 477 01 th8 Compan188 Act 2CM)6 r8lating to 8mall companle6. Difecttsr8' responsibililie6', The rnernbers have not wulred the company lo oblaln an audtt of flnancL81 staternent6 for the ytsar in question In accordance with seth'on 478.. The directors a¢krledge their responsibilities for comthing with the requirements of th8 Actwith respect to accounting CordS and the Preparation ol financial staternents. Thèse financial statents have been Prepared in accordance with the prow6ton8 gpplubl& to compan8 Subject to the small companies regirne. Approved by the bo don. and signed on thelr behalf by.. Director KristyMacDonalcl............................................................................... Director Cornpary Registration No 07987573 Page 7
NEW GUMBOOTS AFTERSCHOOL CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting convention
(a) Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102) and the Companies Act 2006.
The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
(b) Income and expenditure
All Income and expenditure have been recorded on an accruals basis and are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
(c) Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Fixtures, fittings and equipment: 25% reducing balance.
| 2 Income from Charitable Activities Club fees Government Grants received 3 Staff costs Staff costs were as follows: - Wages and salaries net NI Contribution, PAYE and Pension Contribution |
2023 2022 £ £ 214,354 185,279 - 2,906 |
|---|---|
| 214,354 188,185 |
|
| 2023 2022 £ £ 121,473 134,716 22,620 17,153 |
|
| 144,093 151,869 |
The average monthly number of employees during the year was 17 (20 in 2022).
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NEW GUMBOOTS AFTERSCHOOL CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
| Management and administration costs 4 Club Rent Play project rent Return of fees Insurance Unpaid cheque Memberships Telephone Accountancy fees Sundry Bank charges Depreciation Club supplies Play project supplies Petty cash Ofsted |
2023 2022 £ £ 14,371 14,782 - - 4,057 3,693 819 1,118 - - 55 - 2,048 2,235 3,400 4,400 1,734 925 104 123 80 80 16,508 15,489 - - 2,590 3,440 70 105 |
|---|---|
| 45,836 46,390 |
5 Taxation
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
| 6 Tangible fixed assets Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 Net book value At 31 March 2022 |
Fixtures Fittings & Equipment £ 2,890 |
|---|---|
| 2,890 | |
| 2,731 80 |
|
| 2,811 | |
| 79 | |
| 159 |
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NEW GUMBOOTS AFTERSCHOOL CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
| 7 Creditors: Amounts falling due within one year Other creditors Unrestricted 8 Analysis of charity funds Funds £ Balance at 1 April 2022 10,754 Net incoming / (outgoing) resource 24,425 Balance at 31 March 2023 35,179 |
2023 2022 £ £ 26,270 27,264 26,270 27,264 Restricted Total Total Funds 2023 2022 £ £ £ - 10,754 20,828 - 24,425 ( 10,074) |
2023 2022 £ £ 26,270 27,264 |
|---|---|---|
| 26,270 27,264 |
||
| - 35,179 10,754 |
- 9 Financial commitments
At 31 March 2023 the company was committed to making the following payments under non-cancellable operating leases as follows:
| Operating leases which expire: Between two and five years |
2023 2022 £ £ 6,930 6,930 |
|---|---|
10 Trustees remuneration and expenses
No remuneration and expenses directly or indirectly out of the funds of the charity were paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.
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