**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 2022**
## **The Play and Leisure Opportunity Library**
|_Contents_|_Page_|
|---|---|
|Trustees’ Report|1|
|Independent examiner’s report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to Financial Statements|9|
## **The Play and Leisure Opportunity Library**
## **Report of the trustees for the year ending 30 November 2022**
The trustees, who are also the directors of the charitable company for the purposes of the Companies Act 2006, present their annual report together with the unaudited financial statements of the charitable company the year ended 30 November 2022 which are also prepared to meet the requirement for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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) (effective 1 January 2019).
## **Chair’s report**
The past 12 months has been one of return and growth, following on from the impact of Covid-19 the PLOL staff team have work with passion and dedication to ensure that we are offering a full range of opportunities and services to our members. At the same time, PLOL has grown the services we offer – now including dedicated opportunities for young people and adults. Part of this growth has allowed us to expand our estate within Forge Fach and the refurbishment of our community space has further cemented PLOL roots in Clydach and we thank the Community Council for their unwavering support and commitment to PLOL.
It is customary within the Chair’s report to express the boards thanks to our PLOL Staff team, who really are the beating heart of what PLOL does to support our community. It seems to be understatement to say thanks to our team but PLOL would not be able to achieve what we have over the past 12 months if it was not for our wonderful PLOL staff team and volunteers, who have been dedicated, passionate, committed and displayed outstanding professionalism to ensure our community have been supported in meaningful ways that have improved the quality of life for our members. Their level of enthusiasm and unswerving resoluteness to deliver for our members has been inspirational to us all. I am personally grateful and appreciative to every single one of them for everything they achieved this year and how they have faced every challenge with commitment and positivity. A special word of thanks to our service management team of Kelly O’Connor, Emma Reay and Kerri Morgan who have taken on the exciting challenges of their roles and continue to ensure we deliver a highly valued service.
A key part of our plans moving forward over the next 12 months is to build upon our successes whilst at the same time continue to develop and expand our activities into new areas within our remit, such as providing opportunities for adults, families, and carers. As a Trustee Board, we are committed to enhancing the skills, expertise and knowledge of our staff team and we renew our commitment to support our staff continued professional development and to invest in them as valued colleagues.
On a personal note, I want to use this opportunity to express my deep gratitude and appreciation to all the Directors – Eve, Deborah, and Helen – you have been amazing, fantastic, committed, dedicated and devoted to ensuring that PLOL continues to deliver and grow. We have not only supported each other through friendship but that we have tirelessly worked in partnership and collaboratively to meet the challenges PLOL has to face and to jointly celebrate our successes this past year. A special mention of thanks to Gemma Ahern-Fidler, who has been fantastic in providing us all with administrative support over the past 12 months. We also thank you for joining our PLOL staff team.
Finally, we wish to thank you our members, our community, who have kindly allowed us to become a little part of your journey. Without you and our wonderful staff team there would not be PLOL. Thank you.
As we look towards the future, we can do so with pride for what we have achieved, with determination to continue to do what we do best and with excitement for what we can achieve over the next 12 months.
All the best,
Dr Gareth Noble Chair
Page 1
## **The Play and Leisure Opportunity Library**
## **Our purposes and activities**
The purposes of the charity are:
- to assist the development and emotional health and well-being of children, young people and adults with a disability and their families and carers through the provision of appropriate play/leisure activities;
- to lend the best available toys and equipment; and
- to provide an opportunity for professional involvement as appropriate.
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps to ensure our aim, objectives and activities remained focussed on our stated purposes. The trustees are aware of their responsibilities with regard to public benefit and are conversant with the Charity Commission’s guidance in this area.
## **Achievements and Performance**
## _**Introduction**_
We have had such a busy year here at the Play Library. We have undergone big changes and been able to further shape our service to develop ideas into reality for the families we support. We have been able to gain much needed volunteer support for our project and are currently offering more tailored aspects of service than ever before.
We have undergone a full refurbishment of our spaces and earlier this year won the Inclusive Practice award at Swansea’s Childcare and Play Event.
.
## **Main Goals for the next year**
- To continue developing our service through community consultation to ensure we are providing what is needed most
- To develop our online presence
- To continue recruiting, mentoring and training volunteers to further support the project
- To look at ways that help make us more sustainable
- To continue review of all policies and update the staff handbook accordingly
- To welcome some more Trustees to our team to ensure sustainability of the project
## **Goals achieved this year**
## _**Funding:**_
Within this period we completed the first year of our Henry Smith 3 year funding. Their support has enabled us to keep our much needed Home Visiting service open and has certainly helped make a big impact when it is needed most.
We also completed our first year of our 5 year grant with The National Lottery Community Fund, this fund has allowed us to set up group sessions for adults as well as children and young people. The flexibility this funding has given us has helped us be truly responsive to the needs of our community.
Again, a special mention to Swansea Council who have supported our family play provision and been a great source of support for the project in general.
## _**Community:**_
We have been able to get involved with our community fully again, attending events and networking, in person too! We have been able to continue working collaboratively with other organisations and as always we look forward to continuing to do so over the next year too.
## _**Volunteers:**_
We have been able to do lots of work this year to gain volunteer support for our project and extend our thanks to the students from Swansea University who have been able to help us. We also thank Sharmaine and who could forget Alun who, as always, did a fantastic job representing Mr Claus himself.
Page 2
## **The Play and Leisure Opportunity Library**
## _**Members:**_
Our overall numbers remain steady. We currently support:
- 35 family members
- 40 individual members
- 2 professional members
- 3 schools/unit members
- 54 information only, not currently active
## _**Thank you**_
We have a lot of gratitude to extend this year. We had an extended period of closure at the start of 2023 to undergo a full refurbishment. We must thank our funders, they have believed in our vision and supported us to make positive change. Thank you.
We had an amazing team of independent tradespeople who helped us:
- Connaught Shutters who installed our shelter
- Applied Products who completed our window filming
- Chris Brown Carpentry and Mikey Smith who made and installed purpose built shelving and new fencing
- ALR Installations who donated signage for our shelving
- Thank you all.
My biggest thank you has to be to our staff, they have gone above and beyond as always, the support and work put in over the last year has been exceptional. Our refit was a mammoth task and without our core staff I’m sure it would still be happening now! Shankari, Gemma and Kerri: you are amazing and we are lucky to have you, you have moved sorted, labelled and listed what felt like a billion items. To Emma who did all the work to update our database for families and so much work on the playroom too, Thank you.
I would like to thank Anne, Shankari and all our sessional staff who have continued to be an absolutely amazing, hard working team!
Lastly, our trustees who give up their time to support the project, it would not be possible without you, thank you.
## _**Conclusion**_
We are very much looking forward to what the next year brings. We are grateful for the support of our friends, partners, community, staff and volunteers. Our community is an amazing one and we are proud to be here helping when we are needed most.
## **Financial Review**
The charity’s statement of financial activities is shown on page 8 and comprises restricted and unrestricted funds, being those provided to assist in furthering the general objects of the charity.
During the year the charity’s income was £123,251 with expenditure of £105,906 resulting in a surplus for the year of £17,345.
At the year end the unrestricted funds amounted to £23,724 which represented free reserves. The restricted funds amounted to £35,347 and were represented by net current assets.
## _**Investment Policy**_
The trustees have the power to expend the funds of the charity in such a manner as they consider being beneficial for the achievement of the charity’s objects. They are also empowered to invest such part of the funds as they see fit in the furtherance of the objects of the charity.
## _**Reserves Policy**_
The trustees have established a policy which aims to build up the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”). The target free reserves will be established at a level the trustees feel would enable the charity to continue the current activities in the case of a significant drop in income. It would obviously be necessary to
Page 3
## **The Play and Leisure Opportunity Library**
consider how the income would be replaced or activities changed. The present free reserves of £23,724 fall short of the target range and the trustees are actively pursuing measures to improve the situation.
## **Reference and administrative details**
|**Charity Name:**|The Play and Leisure Opportunity Library|
|---|---|
|**Charity registration number:**|1152202|
|**Company registration number:**|08186829|
|**Registered office:**|Forge Fach Community Resource Centre, Clydach, Swansea, SA6 5EJ|
|**_Our advisers_**||
|**Bankers**|CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent,|
||ME19 4JQ|
|**Independent Examiner**|Ian David Bowen LLB., FCA, I D Bowen & Co., Chartered Accountants,|
||19 Alexandra Road, Gorseinon, Swansea, SA4 4NW|
## _**Directors and trustees**_
The directors of the charitable company (the charity) are its trustees for the purpose of charity law.
|The trustees serving during the year|and since the year end were as follows:|
|---|---|
|Dr Gareth Noble|- Chair|
|Ms Eve Dewson|- Secretary|
|Deborah Anne Lawrence|- Treasurer|
|Ms Helen Julia Elizabeth Williams||
## **Structure, Governance and Management**
## _**Governing document**_
The Play and Leisure Opportunity Library is a company limited by guarantee and was incorporated on 21 August 2012. The Play and Leisure Opportunity Library registered as a charity on 29 May 2013.
The Play and Leisure Opportunity Library was established under a Memorandum of Association, which established its objects and powers, and is governed under its Articles of Association.. These were revised and adopted on 6 April 2021. In the event of the company being wound up the members are required to contribute an amount not exceeding £10.
On 1 December 2013 the charitable company took over the undertaking formerly carried on by The Play and Leisure Opportunity (Charity registration number 1131710), an unincorporated charity with the same aims and objectives as the charitable company.
## _**Organisation**_
The Play and Leisure Opportunity Library is managed by a board of trustees comprising a minimum of 5 trustees and a maximum of 14 trustees. Trustees are appointed the members at an annual general meeting.
## _**Recruitment and Appointment of Trustees**_
The trustees are also directors of The Play and Leisure Opportunity Library for the purposes of company law. The rules regarding the number of trustees and their appointment, reappointment and removal are contained in the Articles of Association to which reference should be made. Trustees are appointed the members at an annual general meeting. _**Related parties and co-operation with other organisations**_
Page 4
## **The Play and Leisure Opportunity Library**
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a related party must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. Details of related party transactions in the current year are set out in the notes to the accounts.
## _**Risk Management**_
The board of trustees actively review the major risks which the charity faces on a regular basis. The board of trustees have also examined other operational and business risks which we face and confirm that they have established systems to mitigate the significant risks once the charity commences its activities.
## **Trustees Responsibilities in Relation to the Financial Statements**
The charity trustees (who are also directors of The Play and Opportunity Library for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP (FRS102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board of Trustees and signed on behalf of the Board:
Mrs Deborah Anne Lawrence Trustee/director
23 August 2023
Page 5
## **The Play and Leisure Opportunity Library**
## **Independent examiner’s report for the year ended 30 November 2022**
I report to the trustees on my examination of the unaudited financial statements of The Play and Leisure Opportunity Library (“the charity”) for the year ended 30 November 2022 which are set out on pages 7 to 16.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
The charity’s trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act 2011 ("the 2011 Act");
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
For the year ending 30 November 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name of independent examiner:
Date: 23 August 2023
Ian David Bowen LLB., FCA
Professional body:
Institute of Chartered Accountants in England & Wales
Address:
I D Bowen & Co Chartered Accountants 19 Alexandra Road Gorseinon Swansea SA4 4NW
Page 6
## **The Play and Leisure Opportunity Library**
## **Statement of Financial Activities (Including income and expenditure account) for the year ending 30 November 2022**
|**Note**
**Income**
Donations and legacies
Charitable activities
Other income
5
6
7
**Total**
**Expenditure**
Charitable activities
**Total**
8
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**_Reconciliation of funds_**
Total funds brought forward
**Total funds carried**
**forward**
16|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**Funds**
**2022**
**£**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**Funds**
**2021**
**£**
2,025
-
2,292
116,267
2,667
-
118,292
2,667
2,292
3,359
-
1,997
97,050
9,357
-
100,409
9,357
1,997|
|---|---|
||4,317
118,934
123,251
5,356
106,407
111,763|
||399
105,507
105,906
2,479
88,704
91,183|
||399
105,507
105,906
2,479
88,704
91,183|
||3,918
4,964
13,427
(4,964)
17,345
-
2,877
(507)
17,703
507
20,580
-|
||8,882
8,463
17,345
2,370
18,210
20,580|
||14,842
26,884
41,726
12,472
8,674
21,146|
||23,724
35,347
59,071
14,842
26,884
41,726|
Page 7
## **The Play and Leisure Opportunity Library**
## **Balance Sheet as at 30 November 2022**
|**Note**
**Fixed assets**
Tangible assets
13
**Current assets**
Debtors
Cash at bank and in hand
14
**Creditors**:
amounts falling due within one period
15
**Net current assets**
**Net assets**
**Funds of the charity**
Unrestricted funds
Restricted funds
**Total charity funds**
17|**2022**
**£**
9,232
62,364|**2022**
**£**
-
59,071|**2021**
**£**
18,128
35,813|**2021**
**£**
-
41,726|
|---|---|---|---|---|
||71,596
(12,525)||53,941
(12,215)||
||||||
|||59,071||41,726|
|||23,724
35,347||14,842
26,884|
|||59,071||41,726|
For the year ending 30 November 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 (“the Act”) relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Act;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 23 August 2023, and are signed on behalf of the board by:
Mrs Deborah Anne Lawrence Trustee/director
Page 8
## **The Play and Leisure Opportunity Library**
## **Notes to the financial statements for the year ending 30 November 2022**
## 1 **General information**
The Play and Leisure Opportunity Library is a public benefit entity and a private company limited by guarantee, registered in England and Wales. The company is a registered charity in England and Wales.
The address of the registered office is Forge Fach Community Resource Centre, Clydach, Swansea, SA6 5EJ.
## 2 **Statement of compliance**
The financial statements have been prepared in compliance 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 (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
- 3 A **ccounting policies**
## _**Basis of preparation**_
The financial statements have been prepared under the historical cost basis convention.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## _**Going concern**_
There are no material uncertainties about the charity's ability to continue.
## _**Judgements and key sources of estimation**_
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## _**Fund accounting**_
Unrestricted general funds are funds which are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for a particular future project or commitment.
Restricted funds are subject to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Page 9
## **The Play and Leisure Opportunity Library**
## _**Income recognition policies**_
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## _**Expenditure and irrecoverable VAT**_
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, nonn charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## _**Tangible fixed assets and depreciation**_
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment 20% straight line
Page 10
## **The Play and Leisure Opportunity Library**
## _**Debtors**_
Trade and other debtors are recognised at the transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
## _**Cash at bank and in hand**_
Cash at bank 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.
## _**Creditors**_
Creditors are normally recognised at their transaction price after allowing for any trade discounts due.
## _**Leases**_
Rentals payable under operating leases are charged to the statement of financial activities on a straight line basis over the term of the lease.
## 4 **Legal status of the charity**
The company is limited by guarantee and does not have a share capital. The liability of the members in the event of the company being liquidated is limited to an amount not exceeding £10 per member.
## 5 **Income from donations and legacies**
|**_Unrestricted income_**
Gifts and donations
Enovert Christmas donation
Arnold Clarke Community Fund grant
SCC Covid grant
Chinese in Wales Association donation
**_Total unrestricted income from donations and legacies_**
**_Restricted income_**
BBC Children in Need
The National Lottery Community Fund
Swansea Children's Development Fund
Swansea Play Sustainability
SCC Family Play
SCC Summer of Fun
The Waterloo Foundation
Postcode Community Trust
SCC Family first
The Henry Smith Charity
**_Total restricted income from donations and legacies_**
**Total income from donations and legacies**|**_2022_**
**_£_**
**_2021_**
**_£_**
225
-
-
900
900
609
1,000
1,000
750
-|
|---|---|
||2,025
3,359|
||-
48,524
-
-
15,556
-
-
-
14,287
37,900
23,476
12,914
3,000
3,127
13,518
3,000
10,000
16,987
11,028
-|
||116,267
97,050|
||118,292
100,409|
Page 11
## **The Play and Leisure Opportunity Library**
- 6 **Income from charitable activities**
|6|**Income from charitable activities**|||||||
|---|---|---|---|---|---|---|---|
|||||||**_2022_**|**_2021_**|
|||||||**_£_**|**_£_**|
||**_Restricted income_**|||||||
||Playfund|||||-|6,667|
||Access 2 Mainstream|||||2,667|2,690|
||**_Total restricted income from charitable activities_**|||||2,667|9,357|
||**Total income from charitable activities**|||||2,667|9,357|
|7|**Income from other sources**|||||||
|||||||**_2022_**|**_2021_**|
|||||||**_£_**|**_£_**|
||**_Unrestricted income_**|||||||
||Membership|||||1,870|1,897|
||Training|||||-|50|
||Rent|||||-|50|
||Other income|||||422|-|
||**Total income from other sources**|||||2,292|1,997|
|8|**Analysis of total resources expended**|||||||
||**Cost directly allocated to**|**_Unrestricted_**|**_Restricted_**|**_Total_**|**_Unrestricted_**|**_Restricted_**|**_Total_**|
||**activities:**|**_2022_**|**_2022_**|**_2022_**|**_2021_**|**_2021_**|**_2021_**|
|||**_£_**|**_£_**|**_£_**|**_£_**|**_£_**|**_£_**|
||Staff costs (Note 11)|-|74,005|74,005|1,494|66,839|68,333|
||Toys & equipment - General|||||||
||special needs|-|977|977|-|2,243|2,243|
||Travel & subsistence|-|796|796|47|541|588|
||Rent/facilities hire|-|13,232|13,232|-|12,156|12,156|
||Insurance|-|1,018|1,018|-|928|928|
||Telephone|-|399|399|155|532|687|
||Printing and stationery|-|622|622|32|157|189|
||Repairs and maintenance|-|5,040|5,040|-|-|-|
||Computer running costs|-|755|755|85|398|483|
||Professional fees|-|1,050|1,050|-|996|996|
||Miscellaneous|145|1,510|1,655|271|187|458|
||Companies House|97|-|97|101|5|106|
||Volunteer travel and expenses|149|60|209|71|-|71|
||Governance costs (see note 9)|-|990|990|90|900|990|
||Stay and play|8|2,549|2,557|83|883|966|
||Depreciation|-|-|-|-|1,689|1,689|
||Training|-|2,504|2,504|50|250|300|
||**Total expenses**|399|105,507|105,906|2,479|88,704|91,183|
Page 12
## **The Play and Leisure Opportunity Library**
## 9 **Governance costs**
|Independent examiner’s fee|**_2022_**
**_2021_**
990
990|
|---|---|
||990
990|
## 10 **Taxation**
The charitable company’s activities are potentially exempt from taxation under Part 11 of the Corporation Tax Act 2010. No tax charge has arisen in the year.
## 11 **Analysis of staff costs and trustee remuneration and expenses**
|**nalysis of staff costs and trustee remuneration and expenses**||
|---|---|
|**Total wage costs**
Wages and salaries
Social security costs
Pension|**_2022_**
**_£_**
**_2021_**
**_£_**
73,159
-
846
67,647
-
686|
||74,005
68,333|
No employees had emoluments in excess of £60,000 (2021- £ Nil) Pension costs are allocated to activities in proportion to the related staffing costs incurred.
The charity trustees were not paid nor received any other benefits from employment with the charity in the year (2021 - £Nil) neither were they reimbursed expenses during the year (2021 - £Nil). No trustees received payment for professional or other services supplied to the charity (2021 - £Nil).
## 12 **Staff numbers**
The average number of employees (including casual and part time staff) during the year was:-
|Project workers|**_2022_**
**_2021_**
11
12|
|---|---|
||11
12|
There were no employees remunerated at a rate exceeding £60,000 per annum and there were no employees accruing benefits under money purchase or defined benefit pension schemes.
Page 13
## **The Play and Leisure Opportunity Library**
## 13 **Tangible fixed assets**
|**Cost**
At 1 December 2021
At 30 November 2022
**Depreciation**
At 1 December 2021
Charge for year
At 30 November 2022
**Net book value**
At 30 November 2022
At 30 November 2021
14
**Debtors**
Other debtors
Grants receivable
15
**Creditors:**amounts falling due within one year
Taxation and social security costs
Other creditors and accruals|**_Equipment_**
**_£_**
**_Total_**
**_£_**
17,145
17,145|
|---|---|
||17,145
17,145|
||17,145
17,145|
||17,145
17,145|
||-
-|
||-
-|
||**_2022_**
**_£_**
**_2021_**
**_£_**
-
9,232
2,690
15,438|
||9,232
18,128|
||**_2022_**
**_£_**
**_2021_**
**_£_**
1,181
11,344
827
11,388|
||12,525
12,215|
Page 14
## **The Play and Leisure Opportunity Library**
## 16 **Analysis of charitable funds**
Analysis of movement in funds
|**Restricted funds**
The National Lottery Community Fund
SCC Family Play
The Waterloo Foundation
Postcode Community Trust
SCC Family first
Access 2 Mainstream
The Henry Smith Charity
**Total restricted funds**
**Unrestricted fund**
**Total Funds**
Analysis of movement in funds - prior year
**Restricted funds**
Play Fund
Children In Need
The National Lottery Community Fund
Swansea Children's Development Fund
Swansea Play Sustainability
SCC Family Play
SCC Summer of Fun
The Waterloo Foundation
Postcode Community Trust
SCC Family first
Access 2 Mainstream
**Capital restricted fund**
SwansAid
**Total restricted funds**
**Unrestricted fund**
**Total Funds**|**_Brought_**
**_Forward_**
**_£_**
**_Income_**
**_£_**
**_Expenditure_**
**_£_**
**_Transfers_**
**_£_**
**_Carried_**
**_Forward_**
**_£_**
-
-
7,707
16,487
-
2,690
-
48,524
15,556
-
-
14,287
2,667
37,900
(36,255)
(15,556)
(8,063)
(7,864)
(14,287)
-
(23,482)
37
-
356
-
-
(5,357)
-
12,306
-
-
8,623
-
-
14,418|
|---|---|
||26,884
118,934
(105,507)
(4,964)
35,347|
||14,842
4,317
(399)
4,964
23,724|
||41,726
123,251
(105,906)
-
59,071|
||**_Brought_**
**_Forward_**
**_£_**
**_Income_**
**_£_**
**_Expenditure_**
**_£_**
**_Transfers_**
**_£_**
**_Carried_**
**_Forward_**
**_£_**
775
-
6,210
-
-
-
-
-
-
-
-
6,667
23,476
12,914
3,000
3,127
13,518
3,000
10,000
16,987
11,028
2,690
(7,475)
(23,446)
(19,628)
(3,000)
(3,127)
(13,518)
(3,000)
(2,293)
(500)
(11,028)
-
33
(30)
504
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
7,707
16,487
-
2,690|
||6,985
106,407
(87,015)
507
26,884|
||1,689
-
(1,689)
-
-|
||1,689
-
(1,689)
-
-|
||8,674
106,407
(88,704)
507
26,884|
||12,472
5,356
(2,479)
(507)
14,842|
||21,146
111,763
(91,183)
-
41,726|
Page 15
## **The Play and Leisure Opportunity Library**
## 17 **Analysis of net assets between funds**
|Fund balance at 30 November 2022 are represented by:
Tangible fixed assets
Current assets
Current liabilities
Total Funds
Analysis of net assets between funds - prior year
Fund balance at 30 November 2021 are represented by:
Tangible fixed assets
Current assets
Current liabilities
Total Funds
8
**Leasing Commitments**
he future minimum operating lease commitments are as follows:
**Property**
Within one year
Between one and five years
In more than 5 years|**_Unrestricted_**
**_Funds_**
**_£_**
**_Restricted_**
**_Funds_**
**_£_**
**_Total_**
**_£_**
-
23,724
-
-
47,872
(12,525)
-
71,596
(12,525)|**_Unrestricted_**
**_Funds_**
**_£_**
**_Restricted_**
**_Funds_**
**_£_**
**_Total_**
**_£_**
-
23,724
-
-
47,872
(12,525)
-
71,596
(12,525)|
|---|---|---|
||23,724
35,347
59,071||
||**_Unrestricted_**
**_Funds_**
**_£_**
**_Restricted_**
**_Funds_**
**_£_**
**_Total_**
**_£_**
-
15,052
(210)
-
38,889
(12,005)
-
53,941
(12,215)||
||14,842
26,884
41,726||
|||**2022**
**£**
**2021**
**£**
14,400
57,600
22,800
-
-
-
94,800
-|
## 18 **Leasing Commitments**
The future minimum operating lease commitments are as follows:
## 19 **Related party transactions**
There were no related party transactions.
## 20 **Control of the Charitable Company**
The charitable company is under the control of the Trustees.
Page 16