**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
Page 1
## **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.
Page 2
## **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.
Page 3
kyosumgthatlthe Clwity will oJnb"nue in wa*Ji.
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.
Page 6
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).
Page 8
## **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|
Page 9
## **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.
Page 10