REGisfERED COMPANY NUMBEK. 07908806 IETrgland •nd Wale5) REGISTERED CHARrrY NUMBER: 1148263 Rwt of ¢heTr¥slee5 Uuuthted FhWfl St*iemeJts for the Yew Emded 31 M•rth 21124 FernheAth H•y W¥d (kndman Audii knice5 Lid 4 Cedar Park Fernth) Industrial Estate Wimlx>rne IX)tset BH217SF
Ftrheath Ply Contents of the Financial Statements Cor Ibe Year Ended 31 Matth 21124 Report ofthe Tru51tt5 Independent EJ•ThiMes Report Stltemenl of F¥¢1•1 Adiv B*lamct Sheet Noles t• tbe S¢ateAK•ts 9 to 18
Ferttheatk Ply (Reetstwed number: 07968806) Report of the TThslees for the Y¢T Ele 31 M*rrh 2024 The InlS who ar¢ algo diff¢t(Ks of ihe charity for the pwv0 of the Companies Act 21kn, preseni their Teport with th¢ rinancial statements of the charity for the year eTrkd 31 MaTch 2024. The tn&ee5 have a(h)pied The provisions of Accounling and Reporting by Chariises: Staiement of R¢¢ommEthI Prnctice applicable ro chariiies preparing their account% in accordance wilh ihe Finala1 Rewrting applicable in the UK and Rewblic of Ireland IFRS 102) (effective I January 2019). A Very challen8ing year as all costs incrt&scd (staff wag&s. trainin& uriliii4 jEpaI and maintenance to buildings, site. fence and minitrtLsI but our income dropped and even of ow nKlSi faithfijl artd suppmive ttnefactors this year declined help. As our bigge costs (W8g¢s) are no longer SUPpTrd by IOn from BCP coniractl we have been iotslly dependent on grants from l(Kal ttwis e8. Bournemouth Rolary. Ailce Elkn Co(yr Dean tn1 and IrKorwrated Boumemourh Free Church Council. We are iThlebted them aThJ io many individuals have given gert10 supp)rt via donationStandIng ordets e8 B0urnenUth i)Laker5, FraneiscaA%. Artits Hk. Rosemary Wells, Edwina Prince, R05ie Moffat, Sir Richard Glynn, Mike Goff. Phil Lyeaih. Nigel Hedges. William North, thank you all so much! OBJEcfIvES AND ACTIVITIES Objectives and •ims To provide ot assisl in the PTOViSiryh of recreati f#ciliii&% for chillkn youn8 people living in &>urnemouth. Dorset and sutTounding areas by providin8 4xcially. but exclu5ivety th[gh leisuir time activiti4 a safe plxe lo plwy and organising programmes of tthysical. e¢tsJcational and other xiivities as a mvdns of: al helping children and young 1¢ advance in lif¢ by itsvelopLnB their skills, capabilitie5 and capacities to enable them pwrticipate in S{ietY as indepethi. resp)nble aThJ itKlividuai5: bl advancing learning ¢1 providirlg ]rcrea¢ional and leisure tirne activities in the interests of social welfare for pwle living in the area of benefit who have need by [On of thehr yJutK age. heahh disability, Vety or %la1 aThJ economic circumstsns with a view imwovingiheir life ¢lwtts. Slgnlficanl 8¢tiTrities In spite of low income with reduc #aff restriding nwnbm athnilled. VK mfftintsined usual s¢rvic¢s ie 5 weckly Aftetsch(w)I ¢lubs {1,123 visit5):w¢ hosted 21 Pavilion dance stssiotLS 1294 visits). Holithy playschemes lallracting 358 visits) with minibus outings w Winch¢st¢r xience centre and Doysd venues enioy&l by 121 children. and low cost All day care, and Weekly Sthy and Play sessiolls for pgr¢nts with un&r S5. li w4 knvevu. a stNggle to fund wages. repairs and upjatrs tcp staff training at £31K) petson. A recent bid for suan1141 hdp IQ Sllpw staff costs was un5uc¢essfvl becaust the funders said they knew that thjr expl$ 25th August 2025, 3 InlegS ar¢ ¢ltsly and d rdire atx4 we no longer hav¢ $pOrt from BCP council for wages casts. Theze w&$ no of council fvlIng and so we did noi look 8USt4inable. Publit benellt Our manager Paul Webster, &JminIrat0r Jen PickaTd aNI 311 playworkets and volunieets have provided con5LStent carc for ¢hildren in need in spile of their struggks with family and hth issues . tl¥)usan(Ls of chililr¢n have benefitted since 1976. Truste&s have had due regard to th¢ Clwity commi10n guidaKe on public benefft.
FttMheth Ply (Regb¢ered mwnber." 079686) Rwt of the TThsleos for the Year Euded 31 Manh 2024 0Ecr1vEs AND AcfiviTILS We had aniicipated a long promised lega¢y frcrfn an ekkrly frien& wkn pmiLwtsIy 8ave a standing order and said that after IM"s death aThl sale of his London property we w(wld re¢e1 suIntIal help for our charity. Unfortunately he died sn hospitsi intestste in Srytember 2023. his will never found. This news, plus rising costs aTHI drop in inrorTL¢. led ro suspend all our setvices for the childm at ¢[ of (ktober 2023. We made all our sthff roles reduThknt, while we could 111 afford rtdundancy paymertt& provisional reduth1aw Trxices h1 tten given on 1st Au. The relcntles5 need io now raise or lever in over £95,(NXI pj. to cover all ¢osts was very dwllenging atbj several ineS did wish to 5tsry1 down after many yVdf5' service. Rather ihan J$1 sht thwn we explored )Me to Continue our service for local children and families and thlkal to West Howe Cornmunity FleTls0 based the Henry Brown centre in West How¢, who have ieA successfvlly revivin8 community spirii in the area with a variety of projttt WHCE. from March 2024, will be ik Xble m¢mbeT of Fernluth Play and is woviding 3 new tsustees Paul Iggulden, J3ne Kelly and Leonord SFarpoint to join uk Clark aThJ PY Williamson will ¢ontinu¢ as tnL%te¢$. Ted Taylor. Julie Clarke and Cllr Duane Fa haye stood down. We grEatly weciaie wevious 5UPPOrt and lime given by Conor Bums MP, eo-founder Ted Taylor (since 197611. Julie Clae whose volunwy work ¢)n accounts and PAYE over 24 years h&s been ¢otally indi4ngable. afMI the support of 2 very wle Gtmnm aaJ and Cllr DI Farr. We are of course indebted to ail ow benefactors who have enabled our WO in this arta to eontinue pmvidinB support for families struggling with variety of challertges and rwiie for some children from str¢5sful ¢nViTonm¢ts at Ix)me. HofullY the care aKI concem families aryi wvtect childten in need will always be available ai Femheath Ply in some way. FINANCIAL REVIEW Reserves policy We aim 10 keep reser¥es ai a kvel io cover half of ihe exF£Cted all1 expenditure. We would nom)ally hoky to have reserves amounting io some two ihird8 of the annual expendiiure w 31 March. The Impard of tnL4tees is saiisfioj that ihe charItS assets in each fimd are available and 2dequa io fulfil its obligations in re$t of each fund. At the year ¢rKI the charity hwj free sCeS of £21J16 (2023: £35J20). Fr¢¢ res¢rves are ¢4lculated by deduciing unrestricted fixed a5xts from wjrestricted rescrv&s. STRUCTU GOVERNANCE AND MANAGEMENr Covernlng document The charity 15 c¢)ntrolled by its 8overninB a &ed of rt and constitutcs a limitcd eompany, limited by guarantee. as defined by the Companies Act 2(Th. The charity is governed by the standard Anicks and Memor8ndunL These were revised and updated on 13 MaTch 2024. Originally this charity was Fernheath P]ay knociation forn*d 19 Fdxw 1976. 11 is a Charlble compwny. limited by guarantEe. with all assets transferred iytween th hvo. Recrullment appointmeat trusl¢e5 As Fer the Memordndum of Articles: The subscribers to the memorandum arc r]tst memkn of the charity. Membership is OF¢n to other individuals or organisation5 who.. Apply lo the charity in th¢ form required by dirtctots" and are approved by the directors. The directors may only an aFvlication for mbashiP if. xling redsonably and pr(yaty. t]w consider it to be in the best interest of the charity io refie the aliCaTion. Tr direaors infonn the applicanl in writing of Ihe reasons for ihe refusal within twenty-one da of decision. d1clo¥S comitkr any wriiien wyesentations the applicant tnay make about the decision. The director< decision lollowing any wtittm repremiaiiorts mum be noiified lo ihe applint in WTiting but shall be finpl. Mcntht5hip is no¢ transferable. The dir¢ctsr5 rn1 keep a regisktr of nam&q and athJreSs of ihe members. Page 2
Ferllhth Play (R¢p51cT¢d Mwwb¢T: 07968W) for the Year Emded 31 M•reh 2024 STRUCTU GoVERANcE AND MANAGEME Ovg¥nisatiOn81 $lrwctur¢ The charity is registered with Ofsted the chilik•re Tegister. R¢gistrntion numb¢r EY456829. 11 is part of the wider children and young Servi in Boumernuih aNI is affiliaied ro CAN {Commw)ity Action Network). We are ¥lso affiliaied to Dorset Community Action and Trceive fiuKling iOrnlI0n fr(xn them, aThJ helpful HR advice and training urKlates from Ellis Jon&s Charities Seminars. IndCtion and tnlDlng of new tr•s¢ees TTus¢ees Teceive an induction pack and are invid to attend trnin8 IIng a charity tfwe held by CAN (Community Action NeTh¥ol. TrnseS are nornllY inviied attend one or two nydings wior to being CO optai They are required io ¢orryl¢t¢ 2 de¢laration and cony]e registraticffl as a suithble with 0fed. REFERENCE AND ADMINIsfRATIVE DAll Registered Comp8ny Dumber 07968806 {England Wales) Retistered Chrlty n•mber 1148263 ReEtstered otffte Very RoAd West Howe BoUrnenUth Dorsei BHII 8DA Ttee3 P Iggulden (appointed 12.3.24) Mrs J Kelly {appointed 12.3.24) Ms L G SIn1 (appoinied 12.3.24> Mrs G Clark Ms P Williamson E J Taylor (resigned 31.3.24) Mrs J A Clarke (resigd 31.3.24) D Farr (resigned 31.3.24) IndepÈAdeDt ExAmlAer Ward Goodman Audit Services tAd 4 Cedar Park Femdown Indtrial Estate Wimbome Dorset BH217SF STATEMENT OFTRUSTELS, RFSPONSIBILrriLS The imslees (who are also ihe dire¢tlKs of F¢mheath Ptsy for the purp(P5es of company law) are 9m}nsIble for preparing the Report of ts Tnjstees and the financial sthiemenis in accord with applicable law and United Kingdom Awounting Standards {United Kingdom Generdlly Aecepted ACColIng Prnaice). Page 3
Fernlmth Ptsy Report of the Trwtees f•r the Yer Ended 31 Mr¢h 2024 STATEMENT OF TRUSTEFS, RESPONSIBiLITILS- ro•thued CompaDy lllw requires the truslees to prepaT¢ sthtemeDts for each finaTrcial year whi¢h give a tDJe and f4ir view of the stdte of affairs o( the ¢haritablt company a1 of illcorning resources and application of resources. ineluding tbe iDwme and expenditure, of the eharithble company for tha¢ p¢riThl. In (IM)s¢ financial statenwit& the trusttts are selecl suitsble accoullt]ng policies and then apply th¢m consis1y. obsetve tlK' nthods and principles in the ChaTity SORP. make judgen]ents aad ¢stintes that are rea%)nable Fudeni: prepare the fall¢l&l stal¢rrthts on the going Corern ba4i5 unless il is inappwte preswne that the dlarithle COtDpaoy will coniinue in b$1 The t51¢¢5 tE5poosible for keepillg proper acwiing records wkni¢k dtscloxe rta$orb1e auraCY at any ¢im¢ th¢ fuoncial posiuon of th¢ clwrityble conwy aDd lo eDabl¢ them io thttt the finla1 51atem¢nts con4)ly with the Companies Act 20(h5. They are glso TespoDsibk for s8feRwdmg the Sets of the charitable compally and hence for taknng re&soJJabl¢ steps for the prevention and detection Offr? and other wre8ularities. 16: ia: a.4............ 8rMI signed ott its behalfby: Approved by order of the board of t[UceS ott...... .. MTS J Kelly. TnLwe Page 4
IDdepeDdent Examiner's Report to the Truglees of Fernlhexth Ply Independent exmiTher's reFrtYl to the trwste¢5 Of F¢rDknth Play Cthe Compny.) I r¢port to the charity tru51ces on my examinaiion of the xcounts of the Company f the yyar en 31 mCh 2024. Re$p•n$lbllltles and basls of report As the charitys trustees of the Conwy (and also its directors for the FMUPCW of company law) you are Te5w)nsible for the preparation of the attounts in accordance with the requirenxnts of th¢ Companies Aet 20061'ihe 20(kn Acl'l. Having satisfied m1r th the accounts of tlr CoTh4)aTry are not rcquired to k atlled utth Pan 16 of The 2¢ Act and rt eligible for inderthdent examinaiion. I re in res¥Yci of my examinati of your charity's accounts as eattied out under Section 145 of th¢ Charities A¢t 2011 (Ihe 2011 Ad). In caryin8 Out my examinaiion I ha follow1 the Directio givcn by the alarily Commission under Seciion 145(5) {b} of the 2011 Act. Independent examkner's stlemeDt- matters of v)nreTD idenlifi I v¢ completed my examirtaiion. I have id¢ntifLed mattas of concern in my repon in resFd of onc 8rta listed below as I have ithrttified deficienci&% ye11n8 these requirements. The Charity has failed to maintain uate tKx)ks and records in accorthnce with section 130 of the 2011 Chariiies Act. Slf1¢allY, the requirement to en9we that accounting records are kept in respect of The charity which sufficient to show and explairt all chatiiys tsansaction5 in (th to be able to di%105¢ at any tilne, with Teasonable accuracy, the financial tKbsititin of the charity. Iwes identifitsj related rrfe&Minantly income d¢xumentstion with pporting evidaKe not available io support iome tran%xtions in thc year. It is worth noting that thtse issues have arisen io dwges within the m8n2gewit t¢am of t LaTity aTrJ ihtte have been Changes in intml fitwice funaion since the y¢arend date. I confirni that no other matters have Con kn my attntion in conneaion with ihe examinalion giving me re&wnablc cae to telieve that in any material reS[t.. ¢xc¢pt for the of coleM ab)ve accouniing COrdS weR not k¢pt in r¢5% of the Company as required by Section 386 of the 26 Act. lx except for ihe maller of CoeM NAed above the aLts th) not with those r. or the accounts do not Comply with the accounting ryimnents of Seciion 396 of thè 2 Act oiher than any requirement that the xcounts give a tr aThl fair view which is a matter corsidered as of ¥n in(kpendent examination.. aThJ i)unts havc ien prrymred in ¢dae with the rne and winciples of Staiemeni of Recommended Practice for a¢countbng arKI rePing by chariti¢5 (applicable chariti&8 preparing their accout)ts in accordance with ihe Financi Reponing Standard applicabk in the UK and Republ?c of Iteland (FRS 1021). I confimi that there are no mattct5 to which your 8iteiitk)n STr1d be &awn to enable a proper utKleTthding of the count5 to be reaclK¢l l M R(Mld Bsc FCA FCCA Watd GoLwJman AJIt Services Ltd 4 Cedar Park F¢mdown Industrial Eaate Wimborne DOet BH217SF Date- ....
Fernheth Play St¢emeAI ¥Jf Fl*Aeial Aetivitits {Incorptsrting aD Income amd E¥endll#re Attmnt) for tbe Year Ettded 31 Marc& 2024 2024 Total funds 2023 Total nds as reststed Unrestri¢tthl Restri¢t¢d INCOME AND ENDOWMENTS FROM Donations and legxKs 1SJ30 10,ocK) 25530 73,021 Charltable aetlvltles ChaTifable Activi¢i¢s 12.635 12.635 16.764 Otkn trading activities Investment income Other incott 465 616 431 465 616 431 510 153 Tot 29,677 10.( 39,677 ,528 EXPENDrruRE ON Raising funds 293 Charltabie acllvitles ChJTitable Activities 43ffj81 61.295 104,976 107,517 Total 43.681 61.295 104.976 107.810 NET INCOMFJffXPENDITURE) (14.iK)4) (Sl295) (65.2991 (17,2821 RECONCILIATION OF FiINDS Totsl fun& btOU8ht forwanl 35J20 91.056 126J76 143,658 TOTAL FUNDS CARIUED FORWARD 21.316 39.761 61.077 126.376 The n¢S Comi paJ1 of 1kne financial Page 6
Fern&th Play (Regknd nwnber. W9688O6) BAl•n¢e Shert 31 March 2024 2024 Total 2023 Total funds Unrestsicted Restricted Notes FIXED A&SETS Tangible assets 10 20.828 20,828 37,279 CURRENf ASSETS tkbior5 Cash at bank ond in haThJ 633 22,753 633 41.686 1.042 90.257 18.933 23.386 18.933 42,319 91.299 CREDITORS Am(wnts falling due within one year 12 {2,070) (2.070) (22021 NETCURRENT ASSETS 21J16 1&933 40.249 89,097 TOTAL AssEfs LESS CURREKr LIABILITIES 21J16 39.761 61.077 126.376 NET A&SETS 21316 39,761 61.077 126,376 13 Unrestricted fvnds R&stri¢ted funds 21J16 39.761 35,320 91,056 TOTAL FUNDS 61,077 126.376 The charitable company is entitled to exempiion awlii w¥Jer Section 477 of the C(*npanies Act 2C#)6 the year ended 31 March 2024. The members have required the company otrt&in w aL#lit of its finwKial for the year ended 31 March 2024 in J¢cordarKe with Section 476 of the Companies 2(. The tsuste ackTr)wledge Iheir respjnsibiliiies for (a) ¢Thsuring that the charitable ¢ompathy keeps Ing le¢d$ that comply wilh Sections 386 and 387 of the Companies Act 2006 and preparing financial stsiements which give a and fair view of the state of affa3rs of th¢ clwitable company as at Ihe end of each fal81 yvdr arKI of its siwplus deficit financial year in accordance with the requirements of Sections 394 and 395 arxl which otherwise comply with the requirements of the Companies Act 26 relating to finan¢ial stalents. so far &% aN)licable the charittble cortyny. {b) The notes forni part of these financial SMienn Page 7 continued...
Ferllhe Pl•y B]Ree Sheet. coptinued 31 Mar¢1 2024 Thtsy financial sthtrments have beeD ptVT¢d in a¢crffd witb the prvvisiorns applicable to clwitsbk comp8tiies subject to the ¥mall companies re81 The financial statawits were approved by the Board of Tn and autITed for issue on .. and were signed on its kbalf by: J K¢lly- Tnwee
F¢rnlMth Pl•y for the Yw Ended JI March 2024 ACCOUNTING POLICIFS BAsis of preprlng the linandal ststements The financial statemLTts of the thaTitsbl¢ ¢ixwy. whi¢h is a bliC benefit entity under FRS 102. have been prepared in xcordance with the Chariiias SORP (FRS 102} 'Acc(xting and Rew>rting by ChaTiti¢s.' Stat¢m¢nt of Recommetxied Practice applirdble to chan.ties preparing their 0UnL8 in accordance with the Fina11 Rep)rfing Stsndard applicable in the UK and Rewblic of Irela{ IFRS 1021 {eff¢ctive l January 2019r. Financial Reporting Stsndard 102 The Financial Rep)rting Standatd aN)licable in ihe UK and Republic of Ireland, WKI the C¢)mpanies Act 2006. The financi815tatcnKnts iwi w¢partd ynder the hiOTTrcal cost ¢onverttion. Income IAcome and ettdowments All income is recogrtised 0e the charity h&8 entitkmerti 10 the Iome. li is wobable ihat ihe income will Ee received and the amount of the income receivable can be rne&S reliabty. Donations and legcks Dorta¢iorks are recognised wkn the chariry h&$ ncrtifKd in wriiing of ixmh ihe amount and 5ettl¢m¢nt thte. In the event that a donatllMI is subject to Conditio that require 8 level olperfom)ance by charity fOre the Charity entiiled to the funds, the incom¢ is deferrul a1 tmyt recogni5 until either tFKJse eonditiotLS are fully md, or the fuifilment of tlK)se conditiotLS is wIllY within control ofthe Chlty and it is Probable that these conditions will be filifilled in the r¢porting peri(yJ. Graxts retelvable Grants are recognised when the charity an entitlement to the and any eo]Mlitions linked to granis have Where perf0mnCe condiiions are attxhal to the gr1 and are yet tt) be income is recognised Ls a liability and i1]ed on the balae sheet &5 &ferrEd E¢ relea5cd. Government graDts Government grdnts are rccognised based on the acLYual mcthl and ate mea8urtd ai the fair value of the asset rtteived or receivable. Grants are classifKd zs relating either to revenue or to 2&sets. Grdnts relating 10 revenue a recognised in income over the 1(¥1 in which the related are recognised Grants relating to are re¢ognis¢d over the excted usefvl life of the &wt. Where port of a 8rnnt lIting K) an asset is deferred, il is re£ognised as thfaTed irKome. Trade debtors Trnde deOr$ are anJ)unrs fmm ¢merS fw merchandise sold or xrvitts provided in the ordinary eourse of businegs. Trdde debtors are recognised InitllY ai the tyansaction price. Tly are sth¢quenrly wttsur¢d at thwrtised ¢0 Using effective interest methLKI. less prDvision for impatrnKnL A provision for ihe inwaimwit of trade debt0 is eAablished when ihere is objective evi(knce th the clwity will ryjt be able to (x)Ilect all any)unts due according to the original tern of the receivables. Cash and cash equlv?lents CJsh and Cash ¢quivalents comprise c&th on aTrJ call thp)sits. aThJ other short4emi highly liquid investments Ihai are rewjily Convertible to a known amwnt of 5h are subject lo an insignificant Iisk ofchan8e in valu EipeTrditure All eXndItre is recognised orKe thre is a legal or colntiVe objigatiott to thai extnditure. it is probable s¢ttlet is required and the amount can ThaSU reliably. All costs are allocaied to the akylicable expenditure heading th ¥ggregat¢ sirnilar C[ to that Lztegory. Whfft costs can1 be directly attributed particular ladings they have been a]S0(aied on a basis consistenl with the use of resources. with c¢ntr41 staff wsls alli)eated on the basis of lime s11. aNJ (e¢l@ll[ cw alkKad on the portion of ihe ¢1,5 use. thher Sort costs are allocated b&sed on the stmd of staff cthts. Pa8e 9 continued...
Fernkelh Play Notes to the Fknandal Stiennts- ¢ontiDwed for the Yw EDded 31 Mareh 2024 ACCOUNTING POLICIES- cmtknued R15ing fund5 These are costs incu in atttxiing voiunthry iKome. the managenKnl of inveslnxnts and tlK)5e incurred in trading activiti¢s th rdise fynds. Cb8ril¥ble •clivlli¢s Char5fable expendiiure comprises those C(1$ incurred by the charity in th¢ d¢liv¢ry of its activities and services for its benefieiaries. li inclth Clts that can be alkated directly swh aciiviiies and ikne costs of an indirect athre necessary to sUp)rt them. GDvern•Dce ¢05ts include the costs allri1¢able io the thariws c(ryliance with constituti(Kwl and statutiry requirement4 including audit. strate [n&geMerti and Ine£< medings and tnrSCd expenses. TAngible fixed assets EqUipnt is not (xpitalised but h&$ been wriN¢n off at purch. Often this is Wht usirtg grant funds which are accounted as income when received. The onnexe was iwill with assis¢anc¢ of the Big tA>tt¢ry Fun& wh¢n a grdnt was made in 21X)5 for £lSO.(XY). DeprecA#¢AoA and amortlstloD Land Jnd i)IdIng$ hav¢ been capiialised ai cost to the Clwity aTwJ are being deprtciaied over the remainder of (he 20-year lease granted on th¢ land by Bourneth Borough Coun¢il. Th¢ is to expire irt 2025 and a Deed of Variation w&$ sIj in 2012. As5el class D¢weaatiort ethOd Ad rate Lond atKi buildhA 5Y• sirnight line Taxatio The charity is ¢Idered to F4SS the tests set out in PaTagaph l &h¢dule 6 of the Finance Ad 2010 and tIrefo it meets the definiiion of a charitsble conw]y for UK c(Kpora1i( tsx puw. Awordingly, the charity is potentially exempt fiom taxation of iToMe or capiial gains receivoj within categories wvered by Chapter 3 Part I lof the C{tion Tax Act 2010 or Section 256 of the TaxaiioA of Chatgeable Gains Aa 1992. Ihe extent thai such income or gains are aFvlied exclusively io charitsble purwses. Fmnd Structure Unrtstricted iOme fiJThJs are general fvnds avAilable for use the hwiee5 disc1]0 in furtherance of ihe objectives of the charity. D¢signat¢d fijnds are UTtreri¢ted fiuknts set aside forsrrtific ai the discre11( of the trnstees. Restricd income fijnds are thC t&JnaTed for we in a particulw area OT for 5pe¢ifK purpm. the use of which is rtstrieted to that areaor pu4M)se. RUnd*tY Redundanci&s are recogniwj in the riod in which the co$ are ied. Pagc 10 Dtinued...
Fernkeath Play Notes t• the Fltsntl StsteNts- tiwdthiued for the Yw Ended 31 MTch 2024 ACCOUNTING POLICIES- ¢ontMued Trade ffedltorl Trade creditors are obligatiors to py for 8MjS or %rvi¢es that have been ¥quir¢d in rhe Olary coUe of busine&8 from wN)lius. Accounts payable are classifKd &$ cwrent liabilities if the charity noi have an urK0[lI10nal righL at the cnd of the TCPXtin8 t[1¢xL to (kfer sdtleThTht of Creth.r for ai It welve months after ihe rewrting de. If there is an Unco11111aJ right to defer settlement for at ie&st twelve nM)nths atkr the rewrtingdate. th¢y are presented &% non-current liabililies. Trade crediiors e recognised initially ai transaaion aTrl suiwenlly Measu * amortis¢d ¢th8t using the effective interESt metlKxl. DONATIONS AND LEGACIES 2024 2023 os reslated Donions Gift aid Grants Subscriptions 13,203 1,937 io(K)o 26,801 2.150 44.070 25530 73,021 Income grants for the year ended 31 March 2024 we¥e received from the following: The Alice Ellen Coyr Dean Foundation IncorwK8ied Boumemouih Free Church COU11 Tothl io.( OTHER TRADING AcrivrriLs 2024 2023 as trsMed Futthising events 465 510 INVESTMENT INCOME 2024 2023 gs r¢st¥i Dep)sit attount interest 616 153 Pagell continued...
F¢rnbexth Play NotL% to the FIn•t1 Slate*ts- eontlttued for the Yr Ended 31 M•rch 21)24 NET INCOMFJIEXPENDITURE) Net Incomel(exditU1r) is ststed aller ckngL{¢jl[Irtg). 2024 2023 as restated Depreciation. OWTKd 85sets IrKlependent examinees fee 16.451 1070 16,451 480 IRUSTEES, REMUNERATION AI¥D BENEFrTs For the year ended 31 Mah 2024. tswse received reIminwsen for ch8Titable expenditutt totallin8 £133 12023: £nil). Tr¥sttts' expeffjes There were tru5tecs' forthe 31 March 2024 nor for the year en(kd 31 Mah 2023. STAFF COSTS 2024 2023 as restated Wa8 and salaries her pension costs 65J 581 68,794 2.(K)3 65.931 70,797 Lkning the year ended 31 March 2024. redU1th amnts wtslling £19.911 were paid to eryk>yees (2023:£nill. The avernge monthly nunkn of employee5 (kning the year w¥$ a5 follows: 2024 2023 as restsied He wunt No employees rcceivcd errK>luments in exc of £(,1. Page 12 continued...
FerIt Play Notes lo the Fand1 S¢tements- ctIOued for the Ye•r FJded 31 Marth 2024 COMPARATIVLS FOR THE STATEMENf OF FINANCIAL ACTIVITIES LnstricTed Restyic¢ed futt ToT81 runds as re%tated INCOME AND ENtM)WMEMfs FROM Donations and lewies 31.484 41 J37 73,021 Charitable ctivities Charitable Activities 16.764 16.764 O¢lKT trading activilies Investment income Oiher income 510 153 80 sio 153 Totsl 48,991 41,537 90.528 EXPENDITURE ON Raising funds 293 293 Charitable •ctiYitie5 Chan"table Activities 55.156 52361 107,517 Tot 55.449 52J61 107.810 NET INCOmFJ(ExPENDuRE) {6,458) {10,8241 117.282) RECONCILIATION OF FUNDS Total futlds brought forward 41,778 101,880 143,658 TOTAL FUNDS CARIUED FORWARD 35J20 91,056 126,376 PIUOR YEAR ADJUSTMENT The prior year fiuKls not¢ and balaft slw dwj reconcik the tennI ofFinancial Activilies. The SOFA has ixen rethted in the year to split of r¢strI and UnrEthd fimd5. As a Trsuli of the change. £8,174 previously shown as tsnrtstricied fijtth carried foThvard has been ffc]assified as restricted to to the b4law¢ sheet. There is no irryjact on total fiulds &$ a regjli of the C118c. Page 13 continued...
Fernlvlh Pkny Notes to tke FJDxdl Sltetnents- eollm#ed for the Year EAded 31 M*rdb 2024 TANGIBLE FIXED Asstrs Freehold COST At l April 2023 31 March 2024 210,014 DEPRECIATION At l April 2023 Charge for year 172,735 16.451 Ai 31 March 2024 189,186 NET BOOK VALUE At 31 March 2024 20,828 At 31 March 2023 37.279 DEBTORS: A0s FALLING DUE wrrHIN ONE YEAR 2024 2023 as r¢sed Other debtors 535 507 425 633 1.042 12. CREDITORS: AMOUKTS FALLINC DUE WITHIN ONE YEAR 2024 2023 as reststed Social stturity and othertaxes Otk ¢rediiors AcclS and deferred iome 539 I,183 2.070 2.070 2,202 Page 14 cominued...
Fernheatk Play Notes ¢0 the FlthaLItsI StstemeThts- ¢oMtiThued lor th¢ Ye•r Emded 31 Mrth 2024 13. MOVEMEJYT IN FUNDS Trdnsfers movement in funds At 31.324 Al 1.423 funds Unre5trided fwnds Generdl fund J.494 31J26 10,510 (10.510> 21J16 35J20 (14.(KJ4) 21,316 Restrkled fundj Land a1 Buildin8 Holiday Club- Cwer tka Wages and Amjrcntict Maintenance, Safety surface and green 1$ Staff unifOrn & trdining After School Mini So]arpanel installaLK)n 37279 13.155 12.071 7.630 (IA451) 13.087) 110,964) (12341 20.828 10,068 1,107 396 16,(th1 19249 (18,076) (1.483) 1,173 85 91.056 (51.2951 39,761 TOTAL FUNDS 126J76 (65.2991 61,077 Net movement in funds, inclth in the above aTe as follows: Incoming Resources Movement in fijnds Unre5tr1¢ld fyAd5 General fuThJ 29.677 (43.681) 114,004) Restrkted funds Land aTrJ Buildin8 Holiday Club- C(K)per Dean Wages and Appreniice Maintenanee. Safety surface and green goals After SCI01 Minibus (16.451) 18.087) (10.964) (6234) (18.076) {1,483) 116,451) (3.087) 110.964) (1,234> 118,076) (1,483) s.0 10.r (61295) (51.295) TOTAL FUNDS 39.677 1104.9761 (65,299) Page 15 coniinued...
Noios t• tbe Finana Ststemeots- eollthued for the Yer Ended 31 M•h 2024 MOVEMENf IN FUNDS- e•ntlMued Comprative5 Cor m•v¢ment l# fvnds Net ThVement in futd% Transfrrs t¢ttveen Ai 31.3.23 At 1.422 UntrICted ndS Generdl fund 1.778 16.458) 8,174 18,174 3.494 31,826 41.778 (6.458) 35J20 Restrided funds Land and Building Holiday Club- Cth)per Dean Wa8e5 and Apprtrtliee Maintenance, Safety surface and goals Staff unifomjs & training After s¢07 Arts workkn aTKI tTIP5 Minibus 53.730 3.730 22,994 1.031 179 18.981 667 (16.451 9.425 (10.9231 6.599 (751 268 (Mi7) 37.279 13.155 12,071 7,630 104 19,249 1,568 101.880 (10.8241 91,056 TOTAL FUNDS 143.658 (17.282) 126376 Comparative net movement iti included in the aLx)ve as follows: IOMIng Resourtt5 Movement in funds UnTestricled fwhds General fimd 48,991 (55.449) (6.458) Restrktsd funds La1 and Building Holiday Club- CO0 fkan Wages a1 Apprentice Maintenance. Safety surface and grttn g SL*ff unif(m & trainhng After Schwl (16,451) (575) (13.535) (326) {75) (14,732) (6,0) (667) 116,451) 9,425 (10,923) 6,599 (75> 10.o(KJ 2,612 6.Y25 IS.(] Arts woSh¢)pS and tri Minibus {667) i.0 41537 (52.361) (10,824) TOTAL FUNDS 528 {107.810) (17.282) Page 16 coniinued...
Fffnluth P]y Notes to the SltemeDts. eotiAued fw the Yer Emded 31 Mxr¢h 2024 13. MOVEMENT ILY FIJ]YDS- c•ntln•ed A current year 12 mnihs and wior year 12 nhS¢01l]ned )SIti i5as follows: Transfers vttn fvntLs Ai 31.3.24 At 1.4.22 in fvnds Unrestrkted GeneTal fund 1.778 (20.462) 18.684 118,6841 21.316 41,778 (20.462) 21,316 Re5tr1cted fund5 Land and Buildin8 Holiday Club- C(x)perDe8n Wage5 and Apprentice Maintenanc< Safety swface and green Stsff unifortTS & trdinin8 After School Arts workshq)s and trips Minibus Solar panel iTh5t81]ation 53.730 3.730 21994 1.031 I32.) 6,338 (21.887) 5365 1751 {17,8081 (6671 (4831 20.828 10.068 1,107 396 (6.{) 18,981 f07 1.173 85 101,880 (62,119} 39.761 TOTAL FUNDS 143.658 (82.581) 61,077 A ¢urrEni year 12 months and wior year 12 months combintd net IvennI in fihnds, Inclu in the at¥)ve are as follow& I01n8 Resources ¢Xnded Movement in fun& Unrestrkted l•nds Generdl fund 7&668 {9).130) (20.462) R¢strl¢ted funds Land and Building Holiday Club- Cth)ptt Dean Wages and Apprcntiee Maintenance, Safety swface and 8recn 8$ ff unifornLS & irnining After Sclwl {32.902) (8,662) (24,493) (6,560) (75) (32,808) {6,000) {667) {1,483) (32,902) 6,338 (21,887) 5J65 175) {17.8081 15.OLKI 2.612 11.925 15.0(Kl Arts workslM)ps aThJ trips Minibus (6671 {4831 51.537 (113.656) (62,119) TOTAL FUNDS 130.205 (212,7861 (82,581) Page 17 niinued...
Fer•huth Ply lyrtes t• the Flttttd teAts- emthiued for the Ye•r Ended 31 M•rch 2024 13. MOVEMENT IN FUNDS- cowJ¢inued Land a1 buikling- Restticied for dewciaiion ¢har8e forthe lease of the buiklin8 Wages & Apprentice. ResrIct f(Y mainten¢< safety Green &Mls. Re5tiicted for [eing Tepair5 arKI property maintenance costs Staff unif0m & traini08- R&%trieted foT eiws of staff unif0m a1 trnining delivery in the year After School- Restricted forcosts of ¢kliTMing after SCIM1 clubs Holiday Club {Cocyer Dean)- ReMricd for ci6tsof nmningholiday in the year Minilws- Restricted for costs of tunningthe minilu5 Solar panel installation. 11£stricted for %)l¥r pwKI I*11atIL TrAnsfers between f4Ads A transfer of has raken place the Maintenance, safety surfac< Green Goals restricted fund and the Solar r¢5tricted fund to better show R5tricted purpose. This is a psentatIonal traTLsfer. TNsitts tswKsferred from the unffstrithj rtseryes fiM¥J into general cover the OverSd on the fund at the year 14. RELATED PAirrY DISCLOSURES During the year eNled 31 March 2024. Trustees Ikwted a tal of £24 with 111105 to F¢mheath Play (2023.. £nilk Page 18