COMPANY REGISTRATION NUMBER: 08186829 CHARITY REGISTRATION NUMBER : 1152202
THE PLAY AND LEISURE OPPORTUNITY LIBRARY
(A COMPANY LIMITED BY GUARANTEE) UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2021
The Play 8nd Lelsure OpportsDIty Ubr8Jry Conlents Page rru5te&8' Report Indep¢Adt examiner's report Statement of Financial Adivities Balance Sheet Notes to Financlal Slatements
The Play and Lelwre oprtunItY Llbrary Report ofthe trnstees for the year endlngjo IYov¢mber 21ni The trustee& who are 50 the directots of the charitable company for the purposes of the Companies Act 2(K)6. present theirannualreporttogetherwith the unaudited financial statementsof the Charitablecompany theyearertded30November 2021 whieh are prepated to meet the requirement fora directors. report and accounts for Companies Act PUryK)se5. The finatLCi statements ¢omply with the Charities Act2011, the CompaniesAct2006, the Memorandum and Articles of Aswci?tion. and A¢couTrting and RepDrtin8 by Charities.. Statement of Recommended Practice applicable to charities preparing theiracwunts inaccordance with the Financial Reporting Standanl applicablc in theUKood republic of Ireland (FRS 102) (effective l January 20191. Chalr's report Whi15t the shared lived experi¢nce of Covid-19 for us all Continued over the past year, we maintained to deliver our play services and ov¢r the past year we have thankfully had the opportunity to op¢n our services to more face-to-face and in-person sessions. Thi5 is due to our wonderfvl PLOL stsff team aDd volunteer4 who have brt dedicated, passionat¢, committed and di5play¢d outstanding prof¢ssionalism to ensure our ¢ommunity have been supported in meaning7 wr4yS that have improved the quality of life for our tnernbcr5. Their level of cnthusiasm and unswerving resoluteness to deliver for our members has been inspirational to us a]1. l am perSonty 8Ta¢eful and appr¢cialive to every single one of them for everything they achieved this year. Over the past 12 months. w¢ have Continued with ourdevelopment plans to ensure we have the organisational Structures in place to support our strategi¢ development and to create a platfomi for cortsolidation and growth that build5 upon our 5trength5 and succcs5C5. In 2021, PLOL h&% managed to secure grant funding totallin8 over£440,OOOthat will ensure the continu8tioD of PLOL services over the n¢xt 4-5 years. A Special mention of thanks to Kelly and the team for all of their hard work on the grant applieation& A key part of our plans moving forward is to continue to build upon our recent successes whilst at the same time develop and expand OUT a¢tiviti¢s into new ar¢as within ourremit, such &$ providing opportunitie5 foradults, families, and wers. Therefore. it wa5 With great pleasure that we wer¢ able to wnfirni K¢lly O'connor Setviv Manager, Emma Reay Deputy Service Manager (Children & Young People Services) 8nd Kerri Morgan &8 Deputy Service Manager (Adult Services). Unfortunately, we had to say a sad farewell to K8r¢n Fox, who has b¢en an inte1 part of PLOL over many years and we wish them all the best. Ot) a personal note, I want to Use thi5 0PPOrtunity to express my gratitude to all th¢ Dire¢tors- Ev¢. Deborah, and Helen you have bvn tremendou5, dedicated artd devoted to ¢nsvring PLOL eontinues to deliver and grow. We have not only supported each otherlhrough friendship bui we have tirelessly worked in partnership and collaborativelytomeet the ChIenge$ PLOL has had to face and to jointly Celebrate our successes this p&%t year. A Special rntntion of thartks to Gemma Ahern-Fidler, who has bccn fatltastic in providing us all with administrative support. Finally, we wish to thank you OUT metnbers, our community, who have kindty allowed u5 10 become a little part of your journ¢y. Without you and our wonderfvl staff teom there would not be PLOL. Thank you. As w¢ look towards the future, we can do so with pride for what we have achieve with determination to continue to do what we do best and with excitement for what we wi achieve over th¢ next 12 month5. All the bes Dr GaRth Noble Chair Page I
The and Lelsure Opportrjnlty Llbr4ry Our puryose5 and actlvltles The pujposes of the charity are: to asslst the dev¢lopm¢nt and emotional health and well-being of children. young people hnd hdults with a d]bilIty and their farnilies and carer5 through the provision of appropriate playneisure activities. to lend th¢ best available toys and equipment,. and to provide an opportwiity for professional involvement as appropriate. We review our aims. objectives and LIVItieS ch year. Thi5 revi¢w looks at what wt achieved and the outcomes of our work in the Previous 12 months. The review looks at the 5vc¢¢ss of each key actlvity and th¢ benefits they havc brou8ht tothose groups of people we &reset upto help. The review also helps to ensure our aim. objectives and &ctivitie5 remained focussed on our stated purw)ses. The truste¢s are awar¢ of their responsibllities with regard to public benefit and aTe cortversant with the Charity Commission's guidan¢¢ in this area. Athlevemtnt# And P¢rformiTh¢e Jnlroducllo Another year has flown by so quickly and we flnd ourselves onc* 4aiTh h&viTh8 50 many people to thank fortheSr supp¢)rt. We weleorned Shanknri and Gemma into ourcore team and welcomedjenny back to oursession81 t¢am too. We also said very spd farewell to our Karen. Covld J9 Covid-19 continued to change the way th#tw¢ have worked and provided s¢rvi¢¢s this lAstyrand once ag&in staff need to be wmmended on the w4y th¢y have supported families whilst ensuring the saf1 working practices and environments for all. Maln Goali for the next yeAr To recrnit a new core staff member To increase Community prestthce and reAch those that need us most To Te¢TYit, train and mentor more volunteers to support the prOjt Continue to develop rViCeS to en5UTe we are providin8 what our community really needs from us To look ai ways that help make us moT¢ Sustalnable To continue review of 815 policieB and update ihe staff h8ndbook &crdIng1Y To welcome som¢ mor¢ TTUSt¢es to our team to ensure sustainAbi1Sty of the project To Ideniify solutions for 5tor4g¢ of our $t¢xk of items GO& •chleved t]Lts yelr Fmndlng.. This year we came to the ¢nd of our grants with Big Lottery Fmd BBC Children lrt Nttd. thelr support and belief in our Work enabled SOME brilliant outcomes for so many fomilie5. thank you. Our team have worked extremely hard this year to secure funding for the project and I'm very pleased to Say that we have tn8naged to secure.. ThreeyeArfunding from Th¢H¢nry Smith Charity anda fiveyearloxgegrant from Th¢National Lott¢ryCommunltyFundl We have also received ndIng from The Postrode Lottery and The Waterloo Foundation. A special mention to Swansev4CoUII alsowho. this year8we us the support we needed to keep th¢doors open when we really needed them. Thank you to Emmi Kerri, Karen and Helert> your work b¢hind the $eene5 to help has made thi5 possible and it couldn't have been done without you. Comffttsnlty.. This y¢arw¢ havecontinued to be involved with rbetworkingandevents, mostly remotely but more recently w¢ have been oble to g¢t involved with in person events too. We are proud ofoureommunity links andore looking forward to b¢ing4ble to build on these thanks to the funding we have secur¢d in the last year. Page 2
The Hay and Lelsure Opportunlty Library YolunÉeers.' We heve been able to welcome back volunteers to our proj¢¢t this year and welcome Sophie And Bella to our teom. Volunteers are priceles5 to proje¢ts such as ours and we value them a]11 We look fonvard to bcins able to welcome more to our team over the n¢xt year M¢mbers.' Our overall numbers remain steady. We currently support: 26 family members 40 individual members 2 professional members 4 School1t members 63 inforniation onty, not currently active Ournewdatabase sy51em5 mean th&tthe way in which nurnbcr5 are presented differs from previousyears. Some membe have chosen to postpone renewa] while restrictions are in place. A speclrtllhankyou This year we said farewell to OUT Karen. Karen ha5 beert themost wond¢rful woman to work withandth¢ amountof work she has done to help and support families is ¢ompletely above and beyond. We are forever grnt¢I and the kettle will alway5 be on foryou. I would also like to thank all our sessional staffwho have continued to ¢hang¢ and adam as we needcd ilyou guys are all amazingl Conclu$lon This last year has been an incredible one with many ups and downs alon8 the way. Our team h&$ risen to each Challenge and made us all proud. To our Am92irtg staff, trustees. volunteers, friends and partners, thank you for a]1 you dol Flngnclal Revlew Th¢ charity's ststement of financial activities is showTr on page 8 and comprises restricted and unrestricted funds, being thos¢ provided to assist in fi]rthering th¢ g¢neral objects of the charity. During the year the charity's income was £l11.763 with expenditure of £91.183 T¢sulting in a surplus for th¢ year of £20,580. AttheyeaTendtheunre5triet¢d fundsamountedto£14,842whichrepresented fr¢¢r¢serY¢s.The restricted funds amounted to £26,884 End were repres£ed by ttet currettt assets. InvestmentPollcy The IteeS hav¢ th¢ power to expend the funds of the charity irt such a manner as they Consider b¢ing b¢nefi¢ial for the a¢hiev¢m¢nt of th¢ ¢harity's objects. They are a]so empowered io invest such part of the funds a5 they see fit in the fihrtherance of the objects of the charity. ReservcF Polley Th¢ trust¢es hav¢ established arxTrlicy which aim5 to build upthe unSn¢t¢d ndS notcommitted or invested in tanb]e fixed assets lhe free r¢serves"}. The tar8et free reserves will be established at a lev¢1 the tn15tees feel would enablethe charity io ¢ontinue the current activities irt the case of a significant drop in income. It would obviougly be necessary to ¢ODsider how the incolne would be r¢pla¢ed or a¢tivities chan8ed. The present free reserves of £14.842 fa]1 short of the tsr8Ct range and the trustees ar¢ actively pursuing measures to improve the situation. Page 3
The Hay 4nd Ldwre Opporthnlty Llbrary Referw and admlnlstrndve detalls Charlty Nan. The Play and Leisure Opportuniiy Library ChArlty retratlon nutnber: 1152202 Company reglstrgtlon DmIler. 08186829 Regist¢red office: Forge F8¢h Community Resource Centre, Clydach, Sw&nse& SA6 5EJ Our advlsers Bankers CAF BAhk Ltd, 25 Kittgs Hill Avenue. Kings Hill, West Mallin8, Kent. ME19 4JQ Independent Examlner David Bowen LLB., ACA. I D Bowen & Co., Chartered A¢¢ountants, 19 Alexandrn Road. Gorseinon, SwansM SA4 4NW Dlreclors andlruslees The directors of the charitable CoMpY (the ¢harltyl are St$ tru5tee8 for the purFose of chariiy law. The trustees servin8 durin8 the year and sin¢¢ the year end were as follows.. Dr GaTeth Noble Chair- from 24 April 2021 M5 Hayley Wheeler Chair- to 24 April 2021 M5 Eve Dew50n - Secretory - from 24 April 2021 Angela Mary Allen - Se¢retAry- to 24 ApTII 2021 Deborah Anne Lawren¢¢ - TreAsurer Ms Helett Julia Eli24beth Williams M5 J•wu¢line Beard Ir¢sign¢d as trustee 24 Aprll 2021) (resigned as tNst¢e 24 April 2021) (resigned &8 trustee 6 April 2021) Strnctllr4 GovernAnee And MAni¥tment Goy¢rnln8 doetsmeni The Pl&y and LeSsure Opportunity Library Is a ¢oMpY 1Smlted by sunIte and w83 in¢orporat¢d on 21 August 2012. The Play Attd Leisure Oppothnity Library re8lstered w & ¢harity on 29 May 2013. The Play and Leisure Opportunity Library wa5 ¢5tablished urtder a Memorandum of Association, which established its obj¢cts and powers, and is governed under its Articles of A550Clation.. These were revised and adopied on 6 April 2020. In th¢ ev¢nt of the company being wound up the members are required to contribute an omount not exceeding £10. On l ernber 2013 the charitable company took over the undertaklng formerly ¢arri¢d on by The Play and Leisure Opportunity (Charity re8istration number 11317101, an uThincorporated charity with the same aims and objectives the tharitsble company. Organlsallon The Play and Leisure Opportunity Library is managed by a board of trn3tee5 compri5in8 a minimum of 5 trustees and a MlmuM of14 trustees. Tw$tees are appointed the m¢mbers ot an hnnu81 g¢neTal rneetin8. Recryllment &hdAppolntment of Trnslees The trustee5 are also dire¢tors of The Play and Leisure Oppcrtthnity Library for the purposes of company law. The Tules regarding the number of truste¢s and their appointmcnt, Teappointment and Temoval are contained in the Articles of Association to which reference should b¢ made. Trustees are appointed th¢ member5 at an annual general meeting. Pa8e 4
The Play and LeLqllTr Oppthity Ubr None of our Ite¢S receive remuneration other benefit from their work with th¢ charity. Any conn¢ctton between trust¢¢ or senior mar¥er of the charity wtth a related party Must be disclos¢d to the full board of tnjsiees in the same way as other contractual latIonshIp with a rrlatrd pjty. Detsils of relat&J pty trdnsactions in the CunI year are set out in the not¢s to the accounts. RISA Mdmogeme The &)ard of trustees activety TEview the major risks which thc charity faces on a regular basis. The board of tnte¢S have also examined other op¢Nional aThJ bu5ine5s risks which we face and lfim1 that they have ¢sthblished systems lo mitigate the significant risks 0£ the ch8rity commenvs its activities. TThst¢es Responslbllltles In Relltlon to the FID#tlal Stst¢ments The ¢h8rity tru5tce5 (who afE a150 directors ofThe Play Library for PUTFQ5es of company law) are re5pon5ible for preparing a tnte¢s. annua] r¢p)rt and financÈai statements in accordan¢¢ with applicable law and United Kingdom A¢¢ounting Stsndards {United Kingdom Gencraily Accepted Accowjting Pra¢tic¢l. Company law reqUIS the charity frusrees to Tware financiat ststements for ¢a¢h year which give a true and fair view of the state of atTairs of the Charitable company and the group and of th¢ in¢oming resources and application of resourets. iThcludill8 the income and exExnditure. ofthe charitsble group ftir that riod. In preparing th¢ financi Statements, the tnS are reqwred to. select suitable xcounting policies and app]y them COnSiSlently" observe the methods and prtrtciples in the Charities SORP IFRS102)' make judgernents and estimats that are ronable and prudenl state whether applicable UK Accountin8 Standards have Fen followed subject to any matertal depattsues disclosed and explained in the fjnanciat statemcnts" prepare the financial stst¢ments on the going concern tsis unless it is inappropriate to presume that the Charitable Company will continue in business. The trustees responsible for keepÈng propu a¢u)uthg (OrdS tha¢ dis¢los¢ with reasonable avracY at any time the financial position of the Charity and to enable them to eoswe that the financial statements ¢omply with the Companies Act 2006. Thcy are a150 re5POn5ible ft)r safeguwding the assets of the ¢haTity and hence taking ffasonabl¢ steps for the prevention and detedion of fraud and other iTregulartiies. Approved by th¢ Board of TnLStees and signed on behalf of the Board: Mrs DeL)rah Anne LawTence Tnte81direct0r 25 2022
The Hay Lekn oPwrthty Ubrnry Idepdellt examltttr's rtport for the yetr ethded 30 November 2021 I r¢porttothetrusteesonrnyexaminationoftheunaudited financial sthtementsofrhePlayandL¢isyr¢OpportunityLibrary {Ihe eharity") for th¢ year ended 30 Novernr 2021 which are sd out on p3ges 8 to 16. Re4pe¢tlv¢ responslbllltks oftrustttj And ¢xmin¢r Thetrustees{whoar¢ a]so thedirectorsofthecompany forthe purpoOf¢0MpaY law}are re5p)n$ibleforthcpretATa¢ion of the accounts in ac¢ordan¢e with the rv4uirenxnts of the Companies Ad 26 (h¢ 2(M)6 A¢t"l. The charity's trustees con5id¢T that an audit is rtot required for this year under Part 16 of the 2C4)6 Act and that an ittdepend¢nt examination is needed. It is my responsibility to: examine the accounts under 5tIOn 145 of the Tharities Act 2011 {'the 2011 Acfl: to followth¢pro¢eduTes laidthtwn intheg¢neMI Dirt¢tionsBiven bytheChityCommission undersection 14315Xbl of th¢ 2011 Act. attd to state whets p•rti¢ul•r matters have cThne to my attthtion. B•8ls ofindependent eumlner'i report My ¢xaminationw8s carriedout in accordancewith pheral Directions8iven by thecharity Commission. An examin10 includes a review of the accountin8 r03 kept by th¢ ¢hartty and a comparison ofthe acwunts PT¢senied with those records. It aJ50 includes wnsideratioTh ofany unusual items or disclosures in the accounts, and seeking explanatiotts from th¢trustees TrmIn8anY such matten. The woceduresundertaken dond provid¢ail th¢eviden¢¢thatwould berequired in an audit. ond consequently no opittion 1$ 8iv¢n as to whether the a¢Unts present a'true fair, view and the report is limited to thoge matteys w out in the Stat¢nK btlow. lTrd¢p¢ndent exaThlaer'$ st•tement For the year ending 30 November 2021 the chirity entitled to exemmion from under xrtion 477 of the Companies Act 2006 relating to small u1mples. In eonne¢tion with my examination. no mattcn havé Come my attention which 8Sves me Cause to believe that In. afty materid respeei: 4ccountin8 rttord5 were not kept itt aecordKe with 10ft 386 of the CompLeS A¢t 2006. or the accounts do not acrd with 5uth or the Accounts do noi comply with relevant OUntIn8 requirunents under section 396 of the Companies Act 2006 other ihart any requirement the e(nts giv¢ •'¢ru¢ and faitr vi¢w whi¢h is not a matter ¢¢)nsid¢red as P8rt of an ind¢Frtndent examinaiiorl or the accounts ha not teen prepgrryl in with the Chviiies SORP (FRS102). I hav¢ no conc¢rns and have ¢orn¢ no oth¢r matters th eonnedon wlth the examination io which attention should be drnwn in this report in onler to en1¢ a PTop¢r Undudin8 of the xeourtts to be rta¢h&l. Nam¢ of independ¢nt exkniiner. Date: 25 August 2022 l#n David Bowen LLB., ACA Professional body: In5¢itut¢ of Chartertd Ac&y)untsnts in Eng]and & Wales Address: IDBowen&Co 19 Alexandrn Rofid Gor5einon Swan5e4 SA4 4NW Pa8e 6
The Pl*y Le15ure Oprtlty IAbr Statement ofFln•n£iAI A¢tfvttles ncludlng Income and expendltsre %c¢ount) for th¢ yr endlxg 311 Novernb¢r 2021 Nole Unytknitied Rcstfirted Fmndx Total Uttrutri¢ttd Restrieted F•# Fuhds Total 2021 20ZO Donotions and Iyies 3J59 97.050 10),409 56,196 56,366 Chvithble aetivÉties 9357 9J57 13.333 13,333 Other incorn¢ 1.269 1,269 Total SJ56 106.407 111.763 1.439 69,329 70.968 Expendltsre Charitable activiiies 2.479 88.704 91.183 495 79,776 80,271 Totsl 2.479 88.704 91.183 495 79.776 80.271 Net Intomel{expeTrdltsrt) 2.877 17.703 20.580 (10,247) 19J03) Transfers beTh¥eett Ojnds {507) 507 (1,217) 1,217 Net movement In 2J70 18210 20,580 (2731 19,030) {9J031 Reconclll4rfon olfmn Total Thd3 brou8ht for+vard 11472 8.674 21.146 12.745 17.704 30,449 ToiAI urrled forward 16 14.842 26,884 41,726 114r2 8,674 21,146 Page 7
The Hay and lthre oprMIty IAbrary B8iaDC¢ Sheet As at N•vember2021 Note 2921 2020 2021) Flied wts Tangible assets 13 1,689 Crrellt Mets Debtors Cash at bank and in hand 14 18.128 35.813 3,737 23,672 53.941 27,409 Cttdhon: unts falling due within one peri1 15 (11215) 17.952) Net e•rrent ssets 41.726 19,437 Net g1ts 41.726 21,146 Funds of the thirlty UnrestrSeted thnds Restricted flthds 14.842 26,884 11472 8.674 Tot1 ch•rlty hDds 17 41,726 21,146 For th¢ y¢Ar ending 30 Novemir 2021 the ¢hwity was eniitled ty ¢xemptiort from dit und¢r s¢etion 477 of the Companies Act 2C#)6 {h¢ ActT Tel4tingto small Mmp•nics. Directots, rtJp)ttsibilitLes: Th¢ memE¢rs have not required the eompw to ottiin audit of its finarKial slal¢m¢nts for the year in question in a¢cordance with sethlon 476 of the A Th¢ dir¢ctors Bcknowled8e their responsibiliti¢s for ¢omplyin8 with th¢ rwiirements of th¢ Art with respect to OntIn8 re¢ords and th¢ Wtpffjrnti of fift¢181 These finaneial statements have been pryred in x¢ord•nR with the provisions P]Leable to mpleS subject to the small companies, regim¢. These finartcial sthtements were approved by th¢ bc4rd of trustees and authorised for issue on 25 August 2022. and we sied on behalf of the board by: MTS Deborah Anne LawTtn Trlee1dlreCtor p¢8
The Pl&y gnd Letsure Opportunlty Llbrary Notes to tbe Ilnanelal statements for the ye&r endlng30 f4ov¢mber 2021 l Gener81 information The Play and Leisure Opportunity Library 1$ a public b¢n¢fit entity and a private company limited by guarantee. registered in Englattd and W4l¢s. Th¢ ¢ompony is a Tegistered charity in England and Wales. The address of the registered otTi¢e is Forge Fa¢h Community Resource Centr4 Clydach, SwanN SA6 SEJ. ststement of compliHnce Th¢ financial statem¢nts have been prepared in compliartce wiih Accounting and Reporting by Charitics: Statement of Rexommend¢d Pwtice applicable io chariti¢s preparing their accounts ITh accordance with the Financial Reporting Standard applicable in the UK atld Republic of Ireland {FRS1021 (effective l January 20191- (Charities SORP (FRS1021}, the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland (FRSI 02} and th¢ Companies Aet 2006. A¢countlng pdlcles Basts ofprep4radon The financial statements have been prepared under the historical cost basis convention. Assets and liabiliries are initially recognised at historical com or tractiOn value unless otherwise stated in the relevant accounting p)liey notes. Gtsing concern Thete are no ]naterial ullcertainties about the eharity's ability to ¢ontinue. Judgement5 rtnd key sourees olesl¥nMlio The preparation of the fjnancial statements requires management to make judgemenw estimates atKI &g$umption$ that affect the amount5 rewrted. These estimates a[ jud8ements are continually reviewed and are based on experience and otherfactors, including expectations of future events that are believed to be reasonable undei the circumthnces. Fundaccoun¢ing Unrestricted general funds are funds whieh are available for use at the dIsction of the tn]stees to fvrther aThy of the charity's poSeS. Designated funds are UntriCtl funds earmarked by the tnjstees for a particularfututr ptt)ject or Commitment. Restricred fuThJs are subject to restric¢ions on th¢ir expenditu decland by the donoror through the rmS of an appeal, and fail into one of two sub-classes.. restricteil income fu$ or endowmeni funds. Page 9
The alld Lelsure OpprtUnIty Ubrary Incom¢ r¢¢ogni¢ionpoll¢i•s All incoming resources are included in the statement of fjnancial xtivities when entiti¢ment has passed w the charity.. it l5 bab]e that the Konomic benefits alated with the trantIOn will flow to the charity and the amouttt ean ffliably KaSur. The following Specif lIcIeS applied to particuiarcategories of income.. ncome from dorwions or granL8 is rccognised wlEn lsevidec of t11[ement to the gilL receipt is probable aNI its aw•)unt can ttliably. legg¢y incOw is recognised receipt is txobable and entillement is es1ablts1d. income from donaled gTh)Js is measuted at tr fairyaj of the g¢yxls unless this is imprnctieal to mwure reliably. in which case the value is derÉved from thc cost to the donoror the estimated resale valu¢. Donated facilities and services aJe rttognised in the x¢outts when receiveAI if the Va] can bc rcliably mwured. No am¢ymts inclwlvAI f¢x the Contriblon of general volunlem. income from ¢ontracts for the supply of services is teeo8nised with the delivery of the conttacted service. This is classifjed as unrestriaed funds unkss there is a lntractUat requireme0¢ for it to Ix stEnt on a particular pu and returned if Un4 in which it may re8arthd as restricte EwRdithreandirrecoyerubl¢ VAT EX[EIlture i8 fEcognised ¢)n an XCDJals basis as a liability is ]ued. pe[mIllIC inclu(ks any VAT which caThn(Trt be fully recover•i aTrJ is classified under IadIng$ of the statement of financi activities to which it relatrs.. eXpej11UIe on raisiD8 fufyls irKIth the of a]1 a¢tivitie& ev¢nl& non- Ch1(able traditig actiVLtic& arKi tk sale of thfjated 8rxxL8. expenditure on charitabk activiti includes all costs incurreil by a charity in unthrtaking activitie5 that further its ¢harirable aims forthe nefIt of its b&Kriciies, rncluding th05¢ 8UPPOrt costs and costs relating to the 80vernance of the charity appmioned to ch1[ab]e activitie5. other expenditure includes ail exnditse that is neither related to rdising fwmb for the chaiity nor wt of its eXndIre on thaTithk activiiies. Ail co$ are ailrKatul to extnditure c8orie5 refleaing the use of the JESou. DitECt costs attributable to siftgle activity are allocated ditcctly to that activity. Shared costs are ap[l¢>nl tttween the activities they contribute to on a reasonabk. Ju]able consistrnt Ik%i%. Tan8lbleJlYedassets anddepredttdon Tangible assets are initsa]ty Tecorded at ¢osL and subsequendy stated at cost le55 any accumulated depreciation and impairnlent losses. Any tsngible assets C•Tried at revalued amounts are recorded at the fair value at the d8t¢ of aluation less any subs¢queth xotynulatrd d¢weciatw)n and subsequent athunulated impairnwit loss¢s. An increase in the ¢aTrying amount of an assd as a result of a revUltIo 15 recwlsed in other recolsed 8ains ond losscs. unless Tt reverses a charge for irnpairnntth h&$ Previoty been reco8nis¢d as expenditure within the Itatement of financial activities. A decre in the carriing Hmount of On Hsset as a result of reva]uion. is reeogni5ed in other reeognised gains alI05Sel except to which it offsets any previow Tevaluation goirn in which ease tht 105S 15 Shown within other c0s15ed gatns and Ios5e5 on the statement of financial a¢tivities. Dcpreciation is calculed so &s to write off the cost or v8luation of an &5seL less its residual value, overth¢ economic life of th8t &kset as follows: Equipment 2(PA strai8ht IRDe Page 10
The Play And Lelmre OpportUDity Llbr&ry Tradc and other debtors are recognised at th¢ transaction price (which is usually the iThvoic¢ pri¢¢l, less any impatm)¢nt losses for bad and doubtful debts. Cash 0¢btk undln hund C&sh at barth and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Credtsors Creditors are nomia]ly reeoBni5ed at their transaction pric¢ after allowing for Any trade discouttfs du¢. Lewe RentE41s payable under operatin8 leases th charged io the statemertt of fln4Thci41 tIvitieS on a Straight line basis over the term of the lease. 4 iwl Jtltus ofthe ehirlty The wmppny is limi¢ed by guarantee ond do¢$ not h4ve a share capital. Th¢ liability of the members in the event of the ¢ompany b¢in8 liquidated is limited to on omount not exceeding £10 per member. Income from dortatloni gnd le8el 2021 2020 Unrtsirlded lftcome GSfts and donations Enoyert Christma5 donation Arnold Clarke Community Fund 8rani SCC Covid grant 609 1,000 1,000 750 170 TolAI unreslrlcied Incom¢from donadons and lÉg¢Tdes 3359 170 ReFlrlcl¢dln¢on BBC Children Én Need Big Lottery Fund Swansea childn'S Development Fund Swansea Play Sustainabiliiy SCC Family Play SCC Summer of Fun The water] Foundation Postc(xle Community Trust SCC Family firsi 23,476 12.914 3.0(K) 3,127 13,518 3,OQ) 10,O(M) 16,987 11,028 30,797 25,399 Tofol ratrldedlmeomlrom dohotsons amdlegaeles 97,050 56,196 Tot81 IDcome from dontions le¥Htles 100,409 36.366 Page 11
The Pi&y and Lefsure Opporthnlty Llbrnry Income from ch8rltabk a¢t1vIe$ 2021 2020 REstrlctedlRcon Playfund Access 2 Mainstream 6.667 2.65X) 13.333 Totol reslrleledlnef)fftefrom chorliable t7dlvlrfes 9.357 13J33 Total ID¢ome from charltable activltles 9.357 13,333 7 Intom¢ from other Jources 2021 2020 Unreslrlcledlneome Membership TrniniTh8 Rent 1.897 50 so 1269 Total Income from other iourcu 1,997 1269 Anatyili of totAI reUrte¥ ¢xpeDded Cost dlreerfy illocited to Unrestrlcled Reslrlcled •¢tlvltleJ: 2021 2021 Tolttl Unrolrld¢d Reslrlcled 2021 2020 2020 Total 2020 Sthff costs (Note I l) Toys & equipment- Goneral special needs Travel & subsistence Rentlfacilities hire InsurAnce Telephone Printirtg and stotlortery Posta8e Staff & volunteer trainin8 Computer njnning costs Professional fees Miscellaneous compani House Volunteer travel and expenses Governartce Costs (see note 9) Stay and play Refreshments Depre¢iation TrAinin8 1.494 66,839 68,333 56,641 56,641 2,243 541 12.156 928 532 157 2243 588 12,156 928 687 189 3,537 834 6,920 864 515 303 39 296 1,980 3.616 834 6,920 864 692 303 39 296 1,990 996 720 73 183 900 1,774 47 155 32 177 85 398 996 187 483 996 458 106 71 990 966 10 271 720 15 165 780 1,741 58 18 120 33 71 90 83 900 883 1,689 250 1,689 300 3,429 3,429 50 TotAI expense$ 2,479 88,704 91,183 495 79,776 80,271 Page 12
9 Gov¢rn#nee eosts 202J 2020 Ind¢pEnd¢nt examiner's fte 900 900 10 Taxatlo Th¢ charitsble cempAny'5 •rtiviti¢s are tentiallY from tixation Part I l of the Corporntion Tax Act 2010. No t&Y ch4rg¢ ha5 ari%n in the year. I l AllA]y$ts •fstifeosts Dd trnstee remunertloTh and expell 2021 2020 Totll sts W88es and 5alaTi¢5 Social s¢nwity ¢osts Pension 67.647 56,038 686 603 68.333 56,641 No ¢mployees ¢moluments in ex¢es8 of £60.fy)0 (2020- £ Nil) Pensiott ¢05ts are alloted to activitie8 In proportion to th¢ relat staffin8 Costs itKurred. The chsrity tnlee$ were not ld nor ye1Ved any othu benefits from employment with the eharity in ¢h¢ year 12019- £Nill n¢ith¢r were th¢y Teimbursed ¢xperhse5 during the year {2020- £Nill. No trttsteej r¢vived payment for professiorwl or other servitts supplied to th¢ charity {2020- £Nil). 12 Stlf ttumben Th¢ average number of employees (Includlng arml tirne sthffj durin8 the y¢•r was:_ 202J 2t120 Project work¢r5 12 12 Th¢T¢ w¢r¢ no ¢mployees remun¢r8teA 4t 4 Ate exc¢edin8 £60.¢y)O w nuM #nd were no ¢mploytt5 iing b¢n¢fits under morw purthas¢ or d¢fll*d benefit p¢nsi(ffl thm¢s. Page 13
13 Txngible fixed •s8ets Tolal Cost Ai l Deeember 2020 17.145 17.145 At 30 Novemlr 2021 17,145 17.145 Deprecition At l December 2020 Char8e foryear 15,456 1,689 15,456 1.689 At 30 Novemttr 2021 17,145 17,145 Net book VAllle At 30 November 2021 At 30 November 2020 1,689 1,689 14 Debtors X12J 21120 Other debto Grants receivable 2.6 15,438 3,737 18,128 3,737 15 Credltors: amounts f8Jling du¢ within oKyear 2021 2020 Tation and social 5eGurity Costs Other creditors 8rtd a¢¢n$ 827 IlJ88 478 7.474 12215 7,952 Page 14
The Hay attd Lelsure OppDrtUDity Llbrary 16 Analysls of chrltble funds Analysis of movcmeTht in funds Broughi Fonvard Income Eyendlthre Transfers Carrled Fonv¢rd Restrlcted funds Play Fund Children In Need Big Lottery Futhd Swansea Children's Developmettt Fund Swan8ea Play sustaiJl1ity SCC Family Play SCC Summcr of Fun The Waterl(K) Fouryjation P0Sde Community Thjst SCC Family first Access 2 Mainstream 775 6,667 23,476 L2,914 17,4751 {23,446) {19.628) 13.000) 13,127) (13,518) 13,000) 12,293) 1500) {11,028} 33 1301 $04 6.210 3,127 13,518 10,(KM) 16.987 11.028 7,707 16,487 2,690 6,985 106.407 187,0151 507 26,884 CapitAI restrlcted fuDd Swan5Aid 1.689 {1,689} 1.689 {1,689} Totsl restrleted funds 8.674 106,407 (88,7041 507 26,884 Unrestrlcted tund 12.472 5,356 (2.479) (507) 14,842 Totsl Funds 21.146 111,763 {91,183} 41,726 Analy515 of movement in fimds- prior year Bro4gh¢ Forwotd Incopné Ewendlthre Traer5 Corrled Forw Ru¢ri¢t¢d fund8 Play Fund Children In Need Big Lottery FtstKI C&sh for Kids 6,303 (3781 6.661 13.333 30,797 25.399 {18.861} {30,961) {25.850) (675) 775 542 6210 675 12.586 69.529 {76.347) 1217 6.985 Capftll re8trletsd nd D M Thomas Foundation SwdnsAid 1,740 3,378 11,740) 11,689) 1,689 5,118 13.429) 1,689 Totsl restrleted funds 17.704 69J29 179,776) 1.217 8,674 Unrestricted fund 12,745 1,439 {4951 11217) 11472 Total 30,449 70.968 (80.2711 21,146 Page 15
The Flay 4Dd Leisllre Oppbrtnnity Ubrary 17 Analysu of net amets between UnreJtrlLed Reslrlded Tolal Fund balatKe at 30NQvemr2o21 are t¢present¢d by: Tangible fixed ets Current &85cts Current liabilities 15.052 1210) 38,889 112,005} 53,941 (12215) Totat Funds 14.842 26,884 41,726 Analy515 of Det &8sets beh¥e¢n funds. prior y¢ar Unre5frided Rutrlcled Fun Tolol Fund batance at 30 November 2020 are reprtsented by: Tangible fixed Current assets CuTr¢t)t liabilities 1,689 14,697 (7.7121 1,689 27.409 17,952) 12.712 1240} Totsi Fur 12,472 8.674 21,146 18 Relted party tra010$ Th¢r¢ wue no r¢lat¢d paty transOn$. 19 Control of the Chartt*ble Company Th¢ ¢hari¢abl¢ ¢ompany is th¢ cont1 of the TnL5te¢s. Pgge 16