COMPANY REGISTRATION NUMBER: •8186829 CHARrrY REGISTRATION NUhfBER . 11522112 THE PLAY AND WSURE OPPORTUNITY LIBRARY (A COMPANYLIMITED B YGUARANTEE) YEAR ENDED 30 NOVEMBER2023
The Play and OpportMMIty IAbr Contentr Bal Shcct io
The #Dd Ll8llre Oppormnlty L4brry Report of tht tr¥stee5 for tbe yar t% 30 Novembw 2•23 The trustees. vtho are the directOf5 of thc charitsblc com51a forthe PL)se5 of the Comp3nie5 Act 2006, wesent theiTannual reiK)rttO8etherwiththeurtauditedfinancia] ststementsofth¢dwitsble c(rfnpanytheY¢arercdsoNQvanbcr 2023 which are also prewed to med the requiranent for 8 dIrecT$, rep)rt attd accounts for Comparties Act purp)sts. The fJnart¢ial sthments comptywiththecfrarities Act2011. thec$A¢¢ 2(K)A the Manorandum and Anicles of ASS1&10 and Accounting and Rqx)rtin8 by tharitie5.' Ststement of Recommd Pra¢ti¢e applicable chftrities prcwingtheiraccounts inaccordancewiththe Financial Rwffjn8StstyJard8ppli¢thlein th¢UK andrepublicof Ireland IFRS 102) l¢ffeaive l January 2019). Cknir's report The main themc of the past 12 Mont1 has been ooe of growiK developmert and uE8agemenL PLOL has ntInUed to w. not onty in terns of the nwntr of indimduals and familics 8ccwin8 ran8e of play services, but a]so in (ems of what we are offering ourcommunity. This pAll year h8 seen PLOL Ixing able ioofftr a range of &L#svities to sup moreyoung pe1¢ and thths, whilst atthe sltne time c4)ntinx to enlwice our childrett services. Having expanded our facilities and cstate within Forge Fath following the refillbisbment year. it has Created a OPPlty for PLOL ¢0 develop arwj expand our activities. Ow thank5 to thc Clydath Cornmwiity Council for their eofftiinued supwtand ¢ommittMent of PLOL In ten$ of engagemeni over thc p3Styear, we have ¢(liVed ty engage with ourfiwdeys as well as other loea15ervic¢s to ensure we can mlm1$t the various lled1ve attd Collaborative parb)erships PLOL h8s established within our community.Asw¢mov¢fonvard intothenext 12month4wearerestaiingourconjmitmenttoexploringathlitional fiding I)rDnitIeS to further invest in our tivitse5 and to 5yppM ourdevelopThcntal platL% fry expansion. We tre lIcTu1 to ¢JUT curren¢ fuNleTs for their continued 5upwr and encour8gernaht f(Y PLOL. As a Trustrc Borf we are ccffimittrd to enhaDcill8 th¢ 5kill& expertise artd knowledg¢ of our #aff team we ren¢w our commitmcnt to SUPSXIrt our #aff Continucd FYofes5ioDal d¢velokThent and to invest in them as valued colle8gLhe It is within the Ctiair's rewtto exprtssth¢ twds th•s to our PLOL Stafft¢w who rcalty are the beating heart of what PLOL drrts to sukp)rt ¢JJr Comtty. It seans be Undeateme w say thanks to our team but PLOL would not bc able to achieve whai we have overthe pw 12 months if it W&$ forour wonderfvl PLOL staff team and volwrteers who have been dediL¥t, pssiojx c£mitted aDd dispiryed outstsnding professionalism to ensure our commwikty have be suroortcd in rneaningful waysth8t have imTThved the qua]ity of life for oyrmanbers. Their level of ¢nthusiasm and unrelentin8 emergy w deliver f(r our mcmber5 has been inspirational to U5 ati. A special word of thanks to Kdty O'CoTtttor. FJDtDa Reay. Kerri Mor88n Hnd Gemmo AhemryFidlerwho have tsken on the exciting challenges over the past 12 months at41 ¢oniiuue ensurc we deliver a highty servic¢. DeboraK 8nd Helen - you have been amin& fant1¢. committcd. dedicated attd devotcd to eLsurin8 that PLOL ¢tinUeS to deliver 8Thd grow. We have Dot onty SUpra ea¢h othcr through fri¢ndship it that wt have tirel¢ssly worked in parthership and collthivety to meet the challenges PLOL bzs to face and w joirttly cel¢txste our successes this pastyear. Finally. w¢ wish to thank you our member4 ow ¢omrnunity. WIKI have kindty allowed us to be¢ a little part ofyour journey. Withouty0 our wonderful stsff teffj there would not be PLOL. Thank you. AS we look towards the future. we Can do so with lde for wh we havexhievrt with detrrnliiiation tocontinue to do what we do best and with excitemeni fwwh* we ¢an achievc tO8ethr ovtr the next 12 months. All the be Dr G•rethNd>le Chair Page I
Ovrpu]yo549 and •¢tivit to &ssist the develOent and emotional health ard wbeIng of chilfv youn8 F¢ople WKI adults with a disability arml their families aTMi thrrM]gh the wovRsil of aEyryi ployll¢Ésure tIVitIes. to lend the best available toys and equipm wwk in the prevIC 12 months. The review kkS itthc sKccss ofcxh key activity and the benefits they have broug tothose groups ofpeoplewearesdwto hel Thereviewalsohelp$to ryLsure ouraim. objectives and activitiesremaincd fo¢ussed ort our stated putp(6ts. The trsleeS ar¢ aware of their reSpLxbI1ltieS with regard to public benefrt and we conversani with the Clwity CODuri1.S sdae this art Athlevements And Performw¢ This J&4ty¢arh&5 b¢enavuy succ¢ssfvl one lttwh1chwebavehthc pleasure ofwatrhingthe charity develop andgrow in to. w¢haVebe ableb)¢ontinuctonmaDddevelopsomeneededaThJ embedded communityresources. ¢)Jrmoniwring h&$ shown the work wedo is in nccd nowmore thaneverandwehwebeen iDueJibtyproudwhavebeen ablets) offer the service and 9jPFrt wt have bewi abk io over th¢ last year. M41D GO# rt)r the •¢xt yer Obtsin grant fidIng w hdp secure KI shap¢ the ¢harity for the ffigoing To undertake refurbishmettt of Twthitc to help ilKYe onlitie presence To contitlue with our voluntrtt progran¢ aims to recrui( mcTrtor and Sup1 community volunteers Goab chieved tkls yt4r Oursecottdyear of H¢Dry Smith fiJtrJitigw&%uDd¢rt¥ken in this wiod and we have nowertercd ourthirdye4r, w¢ have also completed our SeCd year of N8ti(d L4)ttay Community Fund These grants have IM)th been vitsl to our project and have allowed us Fmide %)me excelletst resou for commlty. We have been abl¢ to spend some time learning aknut how the necds of ¢Jur comrnuwty have b¢¢n impathed by the st of living aDd the changes this IMS meant for families day io day. I have been to sec stsff and cbaDge ensure ev¢ry family has E¢en able to get the suppm they need. eLNnmunity meetings. grojps cvents that help etwwe the vol$ of the pe(yle we supwrt ar¢ hear Yol¥nleer5.' We once agaÉn extend our ththks to the voluntetts who sUpyt and make it possible for us to do the work we do. Without you we would be lost and we o)mmend yiw commitmenL th8fik you. A yearln Rumben." During 2023 Play Libry: Delivered 295 ther#tiC play sessions Facili1 811 loans of toyslequipme Incre&8ed outreach SVJrt and carried (rtrt 180 dcliYerie& euring those that Deed our support can access us. carri out ongoing monitoring whith showed that indivith41s and their families f¢¢1 ¢fiden( involved in their (Mnmunity and that they feltilry leamed new skilJ5 aftu acctssing our chartty. Pt2
The Pby •wd 14Lsnr¢ oppOrtup Ubr Asalways Iwouldlikttotskethctimetoexterwlthatthstotheamazingstaffm8te4m.Therei4an iThJmryarn1ofw0rk that must 80 on behind the sccnc5 in orthsto CD5urcthatour project and the5810 canrun smo0thty.yourcunIlrnellt and dedication is 4Jpreciated by alL l exrendth8nkstoow OftruttS f0ry(4r¥p)rtd timeasvoluntm twe dowould notbe possiblewithout you. I would 2150 like to extend a spe¢ial thank y(AL to our ama7ing EJwDa Reay, who. in this last annual period has iaken on management respwsibililies alongside myself, l arn extre4ndy of hcr cthic and apry>roacM She is L%rtainly a&%et to the team. Weh&vematW wctthin8swithin the l¥tyearandth¢ levelsofadaNat1o shown by all are tobettlebrthd We look fLXIV8rd io seeing vAt the nextyear can teach us and Tkn cw proi¢¢¢¢ats go. The charity's stawn•rt of fMwKial &tivitses is shown on p¥e 8 and cixnwises restriaed and unrestrictsd funds, being those PTovitsJ to assis¢ in firtheringthe genernl obicd5 of the charity. During the year th¢ chariry's in¢ott)e w&% £133.17l with eXd1th of £127J59 resulting in a swplus for the year of £5.612. AttheyearetMltheunrestrirtedfun&s amountedto£41.535whichrepesthtedfreere5erv¢s.Therestrictedfundsamound to £23.148 atMI wcre represented by asse The tnte¢S have the Wer to expend the ffijtmts ofthe cbarity in such a manneras they consider being beneficial forthe achicvemcnt of the charity's rlJje¢ts. They are also ernp)wereJ to iDvest sb F4rt ofthe funds gs they see fit in the furtherance of the objects of the dmrity. R¢wrva Pollcy The trustees haveestsblislKd apoliqwhlchairtt0 I11dj theullrer1ded note(xnmitted orinv¢sted in tangible red 85sets {be fre¢res¢rvesl. Thr target free res¢rv¢s will be esthblished at a level thetrustees feel would enablethe charity to continue the ¢urrent a&Xtvttics in the of a sigoificani drcy in Inc¢. It would (l)viously be necess to c¢wider how the income would bc rcplaced activities thangcd. Thc wesem frt¢ reseryes of £41535 fall short of the
The Hay And Liqirt Opporlumlty iJbrry Reftremce aDd xdmlniitr•tiv¢ Chxrlty Nmt". The Plry aThJ Leiwe Oppjrtsmity Lilmy Ch•rfty re2tsirtlo nllYDber: 1152202 Compmy TStrAIR Dwllber. 08186829 Reglstered offlee: For8e F&h Conllnwiity R¢srrfwtt ctrA Ctydath SwAnsM SA6 5EJ O¥r tTdblyerJ BkerS CAF Bank Lil 25 Kings Hill Avenu4 Kitigs Hill. We# M•]lin& K¢nL ME194JQ Independent ExmlMer Dawd Bowen LLB.. FCA. I D Bowert & Co., Thartered AKountants. 19 Alexandra Road, Govseinon. Swansel SA4 4NW The dire¢trys of th¢ thwitsble compmy (the chvity) Irt its truste¢s for the purp)se ofcharity law. The trus¢ee5 seThing during the ye knd xinee theyear¢Thl follows.. Dr Gareth N(le Ms Eve Dewson Deborah Anne tawrence Ms Helen Juli8 Elizabeth Willi*ns r Alun DAvid MorgAn {App)inkd 3 Juty 20241
The Play L¢lsur¢ OpportpThlty Llbrary Strnctsr4 GoverDAnee atsd MDAgerneDt G¢wrnlng do¢vwAI The Play and Lcisure Opportunity Library ts a comrAny limited by 8uarantee was inCor]d on 21 Au8uit 2012. The Play and Lcisurc Opportunity Librsry re8iStered as a charity on 29 May 2013. The Play at)d Leisure Opportunity Library w&s esrablished under a Memorartdum of ASSOCI10n. which established its objects and poweN is govemed under its Artieles of Association.. The8e ww¢ r¢vlged 4nd adopted on 6 April 2021. In the event of the Mpl being wound up the members ar¢ r¢quired contribute an amouni not exceeding £10. On l De¢¢mber 2013 th¢ charitable company took over the undertaking formerly carried on by The Play and Leisur¢ Opportunity IChArity registration number 1131710). on unme0or&ted charity wilh the sam¢ olm5 and obj¢¢tiV¢S as the charitable compony. Oryonl$tTrtoR The PI4y and Lei$ure Opportunity Library is mamged by a bovd of tnwees comprising a minimum of 5 tnttts and moximum of 14 trustees. Trusttts are appolnd the members at on annual gerter meeting. Recrnllment oMdApplnlmew of Trmsitts The trustee$ are also directors of The PIAY And Lelsw¢ Opportunity Librnry for th¢ purposes of Company Iww. Th¢ les T¢gardin8 the number of trustees and their &ppointmenL reappointment and rem(wal &re cont4ln¢d in th¢ Articles of Association to which referene¢ should be made. Trustees are appointtd lh¢ m¢mb¢rs 4¢ on annual general meetin8. Re1Ètredrt$ ahdcL1pemrtOll wilh rther organlsrtsloms None of ow trust¢¢s receive rernun¢ration or other benefit from their wwk with the Chlty. Any eonnettiott b¢tw¢en Irustee or senior manager of the ch8rity with & rel&ted paty must be disclosed to the full board of trustees in ih¢ same w8y 85 any other contr&1 relAtsonship with a r¢l4d party. Ddwls of related party tronsartlons in the cuNtntye ar¢ set out in the notes to the accounts. The board of ¢N$tees activety rewew the major risks whlch the charity faces on a re8ul&r bas1$. The board of trustees have a150 examined other operA¢ional atsd businesj risk5 which we f8¢e and confirm that they have e5rablished systems to mitiBAie th¢ significant risks onc¢ the charity comm¢Thces its al¥6e5. Trusteu Reipottslbllltlei Its Relatlon to tbe FIDnell Ststhm•t$ The charity tru$tee$ (who are also directon of Th¢ Pl4y and Oppomjnity Librwry frr the pur5¢$ of company lawl ar¢ responsible for preparing a trwstees. ami1 report gnd financial ststements in accordBnc¢ with pIle&ble law and United Kingdom Ac¢ouniing Ststtdards (United Kingdom Generally Accepted A¢¢ouniing Pra¢ticel. Company l¥w requires the charity trustee5 to prepAr¢ financial siatements for each year which give a irue and fair view ofthe stat¢ of affairs of the charitsble company and the group atbd of the incomin8 re50ur¢¢s and application of resources, including the income and expenditure, of the ¢hhrithble group for that p¢riod. In preping the finaThci&l ststcment5, th¢ trus¢e¢5 aT¢ required io.. select suitsbl¢ ountIng policies and apply them conststently. observe the methods and prin¢iples In the Chariti¢s SORP IFRS1021' makc judgements and estimates thai are re&wftable and pNd¢ni: stAte whether applicable UK Accounting Standards have been followed subjectto 8ny m4terial deparnres disclosed and explained in the financial s¢atements- prepare ihe financi statements on th¢ going concem blS uttle&s it Is inapprc¢)ria* presume that the charitable company will continue in business. Pa8e S
The Play Lelsure Opport•lllty Llbrary The tWS¢¢¢s ar¢ responsible for keeping proper accounting Yecords that disclose with reasonable accuraLy at any time the financial position of the charity and to enable them to ensure that the [claI stat¢ments cixnply with the Companies Act 2006. They are also reSp(SIble for safeguarding the &85ets of th¢ charity and hee tsking reasonable steps for the prcvcntion and detcction of fraud and other irregularities. AroYed by the Board of TTUStees and signed on beh8]f of the Board: Mrs Deborah Anne Lawrenc¢ Trusteeldirxtor 16 August 2024 Page 6
The Play nd Letsure Opportunlty iAbr4ry Independent eAAminer'i report for the yur eThded 30 November 2•23 I rew>rttoth¢tn]steeson my ¢x8mination ofthe unwditedfJrt8ncial ststerneThtsonhePl&yAndLeisureOpportunity Library I'lhe charity") forihe year ended 30 November 2023 which are set out on p4g¢5 8 to 16. Respeetlve rdpon81bllllles of trustees And examln¢r ThettieS(Who artalsothcdirectorjofthecompany forthepurposesofcompany lawlareresw)Thsiblefortheprep8ra¢ion of ihe accounts irt iecordfin¢e wlth th¢ requir¢m¢nts of the CompAnies Aci 2006 {'%he 2006 ACV). The charity's trus¢ees consider that an audit is n¢M required for thts y¥r er P4rt 16 of the 2006 Act and that an independent examinAthon is ne¢ded. It is my responsibility to: examine the aOUnts under sectlort 145 of th¢ ChpritieB Act 2011 I'the 2011 A¢t')' to followth¢ pro¢edures18iddown itt the 8enerai Dir¢rtion6 givenby the Charity CommissSonunder8¢diott 145{SXb) of the 2011 Act: attd io stste whether p&rticular rnatters have me to my atteniion. Bilts of Indepelldut exlmkner'i reptsrt My examinaiion ttled (Njt in 4¢wrdanc¢with genernl Directions givenby thecharity Commission. Anexamimtion Includes & review of the accounting rerdS kept by the charity a comparison of the OUnts psented with those record$. It also Includ nsideratIon of Ary unusual iterns or disc105ures in the accounts, and seekln8 expl8ttation8 from theIrslee5c0n¢¢rninganYsUchmArttrs. Thepr0¢¢dy$undertakeTrdo notprovide the evidenc¢thatwould be required in an audiL and ¢onsequendy no opinirffl is given 85 w whether the Ionts pr¢5¢nt a 'In and fair, view and the report Is Itmikd to those matters set out In the stat¢meD¢ below. IBd¢pend¢nt ex•mlner'i 8tAteNent For the year etKling 30 November 2023 the charity was enilded to exemwion from audit under 8ection 477 of the Companies Act 2006 relaling to small comppniu. In Connection wilh my examination. no material matters have eome to my attention which givej me eause to believ¢ that in. any m&ierial re8peet'. accounting rerdS were noi kew In Ordan¢¢ with sethlon 366 of the Ci)mpwSeJ Act 2CK)6: or the accounts do not 0rd with such records. or the ac¢ounts do not Comply with relevant 8¢¢ounting requirtments under sertion 396 of the Companles Act 2006 other than ¥ny requirement that the accounts sive a'true fail view which is not 8 matter considered &s part of an indeF¢ndent exominatioN or the cOUnts have not been pr¢p4red in accordan with the ChAriil¢s SORP IPRS1021. I hve no concerns and have come across no ¢xher matters in C)nnec¢ion with the examination to wliith attention should be drAWn In this rel in order to ettablt a proper understanding of the accots to b¢ reached. Name of independetjt examln¢r: Date.. 16 Au8U512024 lan David Bowen LLB.. FCA Prof¢ssional b(¥Jy'. In#itu* of Chartered A¢¢ountants in England & Wale5 IDBow¢n&Co Chartered Accountants 19 Alexandra R(trad Gors¢inon Swansea SA4 4NW PH8e 7
Th¢ Play #nd Ltsure oprtMIty Ubrnry Stxtement of Fknxnclal A¢lfvlti¢s (Includlng In¢om¢ •Dd ¢Ap¢ndlDJrt eeo•#t) for th¢ yur dlnE 30 Novelnbtr 2023 T•tsl i1jmttt Rtstrltttd F# F•wd• Totsl Finds 2022 Doll10 and l¢¥3cies 475 INJ07 124.782 1025 116267 118392 CThitRble aclivities 2fi67 her income 2292 Totsl 124J07 133.171 4J17 118,934 123251 Eype#dltsr¢ arithble 1VitieS 157 127.402 127J59 399 105.507 105.9¥)6 To¢AI 137 127,402 127J59 3W 103.507 105,906 Net le0/{elptdItsrf 8.707 13.095) 5,612 3.918 13.427 17J45 Transfers between 9.101 (9.104) (4,964) moYeme•¢ l• 17.811 112,19)) 5.612 8.882 8.463 17J45 Recomdllodov Totsl funds broutht forwvd 23.T24 35J47 59.071 14.842 26.884 41,726 Tot] trried forwvd 16 41.535 23,148 64.683 23.724 35347 59.071 Pa8e 8
The Ply and llsyre Opportunlty Llbnry BAIxDtt Shttt •s t 30 November 21Tr23 Note 22 Ftsed ugets Tangible assets 13 Cmrrebt Ais¢ts 14 9232 61364 Cash ai and itt hand 75.492 79,201 71,5 cr1t0r. amounts failing du¢ within one wiod 15 {14J18) (11525) Net eurrellt 64.683 59,071 N•¢ aM¢ts 64,683 59,071 ofth¢ ¢h•rlty Unrestricted fibnds Restrict fjjnds 41.535 23,148 23,724 35,347 Totsl thlrlry 17 64,683 59,071 For the year ending 30 Novembtt 2023 the chlrity was entitled w exemptiort from 4udi¢ under S1[( 477 of the Companies Art 2006 lhe Aet") relating to ynall c(p1. Directi)rs' r¢spM$ibLliti. The membern have not required the Cr to oitiin audii of its fuwn¢iaJ tht¢mert8 for the year In questlon in ac¢ordthce with section 476 of the A¢i' The dirtctorn acknowledR¢ th¢irTc5p(fflsibilities foreMwty1 with the requirane of the Aet with r¥pt¢¢ to a¢countin8 records the Prep] of fin111 The5¢ financial stemts have been wepor•J in r£COrd¢t with the w0vislrA wplic4ble to C4Mnparties subjec¢ to the small comp£nles' regirne. These finHnciai statements were approved by the Ix)yd of ¢nJses and wmhLwi for i5su¢ on 16 August 2024. art 6i8nAI on behalf of th¢ bovd by.. Mrs D¢tx)rah Anne L4wrenL TruSteeldi¢10r Page 9
The Play and IkisDre Opport•ntty Llbrry NoÉt4 to the fiDxmcil statemellts for the year emdlmg 3• Novwb¢r 2023 Gener1 knforniatl•n The Play and Letsure 0wrKtity Liry is a pJblTC benefii entity and a private company lirnited iry guarantee. r¢gi51effd in FA)gl8nd and Wa]es. The compw is a registcred chartty in ETrand and Wales. The address of the registrred offiee is Forge Fach Community Re50w¢¢ CuKr< Ctydad4 Swanso SA6 5EJ. 2 Statement otcomFdknD¢e The financial sthtements h8vc bccn prepared in cc12r with Accimllting and RertIng by Ch8ritie$: Sthtement of Recomrnended PractiL 8pplicabEeto charities prepring their a¢urtts in accor wsth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS1021 leffeetive l Janw 20I91- {Charities SORP (FRS1021). the Financial RwtiD8 Stsndard akvlibl¢ in the UK aDd Rewblie of Ireland (FRS102) gnd the Compan1 Act 2006. Aee•llntimg polltlts Assets and liabililies arc inÈtsaily reco8nised at histori 51 or transxtion value otherwi5¢ sw¢d in the relev4nt ating 11¢Y ]te Thue are rto material unceAaintses otKI the dwity's knility ioeontiDUe. that affed thc amounts rqM)rted. These thimas and judgements are ¢(munualty reviewed and are based on expcricncc and (ther factor8 in¢ltyJing expE£tations of futswe eveftts that are bdieved to be r¢w%)aabl¢ under the Utwestricttd Eenernl are fwth which are av8ilable fvuse the disrnion of the [nLSt to fitrther w of the Desi8Dated funds unrutricted furML% eannth¢d by the tyusrets pwticular futswe projeth or MmitmenL R¢stri¢ted subject to reld1(S on their eXkxnditiC declared by th¢ don or through the ternLS of Jn apFd. and fall into one of two sutrrtlass¢s: restric*d income endowneni fijnds. elo
The Plxy md iknr¢ OpportM•lty LAbr All incoming resowcu art includcd in the statcment of financial ¥tivities whett entidemeDt h&s Ped to tht ch&rity' it is wobable that the econcffii¢ b•J¢fK5 associatrd with the transaction will flow to the charity and the amount can be reliabty measwe& The fo]lowing s1¢ pjlithes are a¥1ied to pwti¢ul8r categories of inwme: inc4)me frcm donatifAJS or grants is reco8DL$ when there is evidence of entitlement the r¢LiPt ts probablc and its wMunt caD be measured reliabty. lew incorne is rewil wlwi receipt is and entitlenl is establislled. incorn¢ frrrn donated go( is me&wred atthe fair vue ofthe gwjs unless this is imp¥¢tel to measure reliabty, in which case value is derivcd from the costto the d0T or the estimad reslt value. D[Xd fa¢iliiies and setvices are reeogni%d in the accouDts ell re¢eived if the value can be reliabty m¢a4w¢d. No 8mourtts art included for the c]tribUtion of guval volutlteus. ittcottte frixtt for the swty of services is rwnised with the delivery of the ¢trted seryice. This 5 ¢la5sifi¢d as uNesrrictrd fijrtds Unless there is a L¥)lltr r¢quir¢ment fc itio be spent a particular Eypendknre Qmdlrreeorrfbl¢ YA T ExrDditure 1$ re£o8nised on an xcnwls basis as a liablty is incurr¢& Extndiwre includes any VAT which cannrrt be fully rttOve aNJ as clssificd underhelings ofthe #•tement of finKAal [vitieS to wbich it relat¢&. ¢xpendinwe on rdising funds Inch the C of 811 fijndraising activitie¥ events. llo ¢haritsble tradin8 activities. and the 5¥1e of donatrd gotyts. ¢xpmditwe on ¢harithk attiviti&8 iDcludes all costs incurred by a charity in undertaking wlivities that fithher its charitable aims the bcncfit of its befiCIaTi in¢luding ¢hose sup1 eosts Ind costs reling to the other expenditure ineludes all eXpendits Itrtat is neither re]attd to rdi5iD8 furkn for the ¢lwity nor wi of its Cxwl1Ure on Ch]1&ble artiviti¢s. All costs are allocated to expuhdilllrt ¢aiegoric5 reflectingthe w of the resource. Direct Costs #ttriburable lo a single activity are allocated directty to that aaiviry. Shared costs are prtiOned trKtwe¢n the aclivities they contribu a lSonabl4 jw#ifiabk c(msislent isis. T]ble 8$5cts zre inÈtialty rttorded #¢(6L aNI SuieqUtfy ststed al less any a¢¢urtwlateAI deprecitiOD and imp8irn]ent1055e5. Any tangible assets ]ed at reval4 amounts are recorded the fair value at the date of Art ireaSe in thc carrying amouot of an asset as a r¢sult of a rewaluation, is recognised in otherrecognised gains and10s¥ UTr1 it reverses a charge for impmert that ha5 pr¢viousty be rolsed &$ expenditure within the $eMent of financial altieS. A decrtase in thc carying amLWrt of an asset as a result of rcvaluaticAL. IS recognised ID other recognisa gaiE)s a¢Jd losses. excw to which it offsds any wevious rcvaluation 88iTh. in which case the loss is shown within other r¢¢wis¢d gains and logses on th¢ stat¢mettt of firtanciaj activities. D¢tc1on is calculated so as to writr off the Cl orvalu1 of an 1¢ss its resithMI Wal, ovcr the LsefiLI ¢¢(01¢ life of that &%set follow5: Equipment 20% Straight lithe P2gell
The P]y #nd iknre Opporthnlty LlbrAry Trade and other debtors w¢ recognised atthe transaction price Iwhi¢h is usually the invoice prirxk less any impatrni¢nt losses for bad and doubtful debts. Cash Imdln Cth at baftk and in hond includes cash and short terni highly liquid investments with ¥ short mthrity of three months or less from the dat¢ of acquisition opening of the deposit or similgr accounL Creditors are norma]ty reeognised attheir ttall5action pric¢ ofter allowing for any trade discounts due. Lea¥a Rentsls Pdyable undcr orKrating Icases art char8ed to the sla¢emeni of financial activities on a Strai8ht line basis overihetrrni of the Ie. Iwl ststus of the ¢harlty The cotnplry is lirnited by guarantee and does not have a share ¢apithl. The liability of the m¢rnber5 in the ¢v¢Dt of the company being Ihquidated is limited io an amouni not extteding £10 per member. Income from domatloTrg legaeles 2023 2022 Unresirldedinuv Gifts and donatioiis SCC Covid grant Chin¢se in w¢$ Aswiation donlOn 475 225 Totslunres&l¢lÉdlna•mefvm don1$ andlegacl•s 475 2,025 RcFlriclediMco The National Lottery Community Fw SCC Famity Play SCC Family fjtst The Henry Smith Charity 51,872 31335 48.524 15.556 14.287 37.900 40,1 T£4reSIr1eledlMcIro donolionT olldlegacles 124J07 116.267 To¢1 iDcome from dt)natlons aad Iwri 124,872 118.292 6 Intomt from chArlt8ble Actlvttles 2023 2022 R¢slricfedlneo Aecess 2 Mainstream 2.667 Totalreslrlttedlncomefrom chorknable odlvllla 2.667 Unrtslrlcledlncolne Access 2 M8instre• 6.(M)O To¢al uMrestrletsdlMeomelromch4rlloble acllvllles 6.0 Total In¢om¢ from eh#rltblt etlvltlt4 6,)0 2.667 Page 12
Th¢ PI•y u4J ltsur¢ Opportunlty Llbr8ry Jhcome from other sources 2023 2022 unstACked1n¢0m Membership Other income 2223 166 1.870 422 TotAI Ineome from other r¢ 2.389 2.292 Anlysls Dftot•l ruopr¢e8 expended Cost dlreetly #llotlted to UMreFlrlctsd Restrlded actlvltlu: 2023 2023 Ttwl Unrestrlded Restrlrted 2023 2022 2022 Tolal 2023 St&ff costs (Not¢ I l) Toys & equipmt- Gen¢r81 special needs Travel & subsisnc¢ RenVfaciliti¢s hire lrtsurance Telephon¢ Printing and ststlY Repairs and maintenance Computer nmnin8 ¢¢yJts Prof¢$5ional fees Mis118n¢0u5 Com1¢$ House Volwiteer tr&vel and expenses Govern#nee costs 1$¢¢ not¢ 9) Stay #nd plgy Training 87.454 87,454 74.005 74,005 5,969 1.892 14,457 1,489 571 462 9J48 310 5.969 1.892 14,457 1,489 571 462 9J48 310 977 796 13,232 1,018 399 622 5,040 755 1,050 i.sio 977 796 13,232 1,018 399 622 755 ,050 1,655 59 98 551 610 98 386 145 97 149 386 990 2.255 164 60 990 2.549 2.504 209 2,255 2.557 2,504 Ttytal expeDJ41 157 127.402 127.559 399 105,507 105,906 9 Govern£¢ eo 2023 2022 Independent ¢xaminer'3 fee 990 10 TAX•tIo The Charithble CoMpY'S actlvlti¢s are potentialty exempt from tsxation under Part I l of the cOrratIOn Tax Act 2010. No t&x tharge has arisen In the ycar. I I knAlysts of ¢Mts Ad trnsttt remuneratlon expens 2023 Total wie eos Wages and salaries Social sccurity costs Pensio 86,314 73,159 87,454 74.005 Pa8c 13
The PIAY amd L4lsure OpportMfty Llbrry No employees had emoluments in eycess of £60.(W1202& £ Nil) Pen5iw costs are allocated w a¢tiVilies in proporti to the related styffi08 sts incurr•J. The charity trusiees were n( paid nor receiv any other benefits from ahployrnent with th¢ clwity in the yeF 12022- £Nill ncithcrThrre thry r¢imW expenses during thc year12022- £Nil). No trusitts Rceived payment ftt w1fessiwI or dher 5ervic¢s 5UFvlied to the charity12022- £Nill. 12 Stff The number of employt¢5 linc1JIn8 ca8ual part timt staffj durIDgtheyearw:. 2023 2022 13 13 There were no employees remunerated * • ra extteding £60,0 per annurn oThJ th¢r¢ wett no employttB accNing benefits under mltY purchw w defined benefii Pensi s¢hcmes. Cost At l D¢¢¢mlr 2022 17,145 17,145 At 30 November 2023 17.145 17.145 DepredAtIo At l De¢emir 2022 Ch•f8¢ ye 17.145 17.145 At 30 November 2023 17.145 17.145 Net book WAt At 30 November 2023 At 30 November 2022 14 Dtbton 2•23 2022 Gran¢5 r¢ttivabl¢ 3.709 9,232 3.709 9,232 IS Crtdltor6: a1Unts fJllinB thie wlthin one year 2023 2022 Taxation and s111 seojrity COS Other Creditors at)d accNais i.Tro 11748 11,344 14,518 12.525 P•ge 14
The Play Rd ithryre Opport••lty Llbnry 16 Aalysls •f charttabie hnds An8tysi$ of rnoveml in fjmds Forward Restrict¢d funds The Nlon9] Lottery CwDmunity Fw SCC F8mity Play Pos*odc Community TnL Thc Hcnry Smith (JMrity 12J( 51.8n 31335 (54.849) (33,059) 9J29 724 1&623) 11205) 8,623 14.418 40.1 (39.494) 13,819 Totxl r¢strirted fuds 35J47 124J07 1127.402) {9.104) 23,148 Unrestrlded fll#d 23.724 (157) 9104 41.535 59.071 133.171 1127J59) 64,683 Analysis of movemem in fimds- &Yiwyear Forwwd ReJtrlct¢d The Nation LCW C(rnunity Fund SCC Famity Play The Waterlcm) Foundation Post¢ode Community Trn SCC Famity first Access 2 M8ttistre8m The Henry Smsth a]wity 48J24 15J56 {362551 {15.5561 18.0631 17.8641 (14287) 37 11306 356 8,623 14287 2,667 37. (5357) (23.482) 14,418 Total restrkted 26,884 118,934 (105J07) {4.964) 35.347 Uttrethkted fond 14.842 4J17 (399) 23.724 Totsl Funds 41.726 i251 1105,9 59.071 P4gc IS
Tht Play L4iMre Opi)ortuity Lthr•ry 17 ADlyJls of net asxts betwee f•m Fund bAlxnee at 30 Novembu 2023 are rew¢SeN trj.. TanBible fixed assds 41.540 (5) 37.661 (14J13) 79.201 {14,518) Currnit liabilili¢s Totsl Fun 41.535 23.148 64.683 Anatysis of berween fiuth. prifxy Uftrtttsl¢trd Reslrlded Fund balance 30 Noventhr 2022 we reFestht&l ty.. TanBible fixed Current assets Cwr¢ni li¥bilities 23.724 47,872 111525) 71,596 {12.525) Tothl Funth 23.r24 35,347 59,071 The fuwre minlmum opwating lease eommithirAts 4r¢ u follows: 2023 Property Withitt on¢ yeor Between and fNe years In more thAn 5 ye 14,400 57,600 8,4 14.4C(I 57,6C 22,8( 19 Related rty tMllM¢do Th¢r¢ were no related party trWions. 20 Cothtrol of th¢ Chrhable CompA The charitable CLMnpmy is undET the control of the TnL4eE P¥ge 16