Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
**CHARITY NUMBER – 1164341 CIO NUMBER – CE005592**
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Mr G Stanley|
|---|---|
||Mr J Sykes|
||Mr N Cotton|
||Mrs Z Rogers|
||Mr R Sanders|
|**Chief executive officer**|Mrs V Stanley|
|**Charity number**|1164341|
|**CIO number**|CE005592|
|**Principal address**|Fruit Tree|
||Otterbourne Road|
||Winchester|
||SO21 2RT|
|**Independent examiner**|Fiander Tovell Limited|
||Stag Gates House|
||63/64 The Avenue|
||Southampton|
||Hampshire|
||SO17 1XS|
|**Bankers**|Lloyds Bank plc|
||49 High Street|
||Winchester|
||SO23 9BU|
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|Chairman's statement|1|
|Trustees' report|2 - 5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 17|
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **CHAIRMAN'S STATEMENT**
## **FOR THE YEAR ENDED 31 AUGUST 2024**
In 2025, as The Playhouse Foundation reaches its milestone tenth birthday, there has never been a more profound moment to provide desperately needed hope and direction for young children with autism.
Over the course of the year, the number of school pupils in England with identified Special Educational Needs has risen to 1.7 million and special schools are in a funding crisis. The National Audit office report warned that the system was broken, and that two-fifths of councils could be at risk of declaring bankruptcy by March 2026 because of overspending on high-needs budgets.
This is the optimal time for the third sector to support local authorities with pre-emptive early intervention therapy. As the knowledge and reach of The Playhouse Foundation has grown, it has, in collaboration with other local organisations, broadened and expanded on the range of professional services it offers. These services have been specifically developed to meet the demands of a greater number of children, their families and other professional bodies within our community.
The Foundation’s partnerships with universities strengthened during 2024. with initiatives including hosting paid internships for students looking to gain experience in our field of work. These internships have the important ancillary benefit of developing the employability of the students as well as help the foundation’s beneficiaries. All the interns are mentored with the expertise and supervision of our outstanding certified UK Behaviour Analysts.
The Playhouse Foundation continues to use well-established models of delivery, and as a result of positive and effective collaboration between all those involved in our programmes, the outcomes for each child have been exceptional.
The families we support are often the most vulnerable within their community. For all our families, the wider impact of our programmes ensures that respite and care extends to the whole family and out into the local community.
Parents of one of our beneficiaries reported that ‘life at home has improved vastly since our child started having daily ABA sessions’ and that ‘sessions have had a fundamental impact on our whole family.’ Furthermore, another family have commented that our ‘unwavering support, compassion and dedication to children with autism’ have helped their child to thrive and that ‘from the small victories to the significant milestones’, our guidance has been a cornerstone of their journey.
I would like to express my thanks and gratitude to our extraordinary teams of consultants and tutors, who continue to deliver the gold standard of ABA. A Special Educational Needs Coordinator at one of our local schools describes the intervention as ‘an invaluable support to the school for which we are very grateful.’ Our consultants go above and beyond with the level of support they provide to join up the dots of a child’s early development and securing the provision required to meet their needs.
I would also like to extend my thanks to the collaboration of other professionals, schools and universities, who have been instrumental in making our programmes a success. It is only through effective communication and complete transparency between all those involved in the child’s programme that we can seek to make the transformative difference to a young child’s life.
As always. I want to offer huge thanks to the Trustee team, who each give up their own time and bring their individual skill sets to improving the lives of the families we support. Finally, my ongoing thanks to the generosity of our faithful donors, The O’Sullivan Charitable Trust, The Brian Murtagh Charitable Trust, St James’s Charitable Trust and The Winchester Rotary Group, whose contributions have enabled us to provide brighter futures for all our beneficiaries. Thank you for your continued trust and commitment.
.............................. Mr G Stanley **Chairman** 4/3/2025 | 05:55 PST Date: .........................
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2024**
The trustees present their annual report and financial statements for the year ended 31 August 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 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 published in October 2019.
Given that our work evolves around the UK school academic year, our accounts reflect all activities over the last academic year.
## **Objectives and activities**
The charity's principal objective is:
To provide specialised education provision and social inclusion for young children with autism to improve functional daily living, communication and interactive play skills; enabling them to achieve their fullest potential.
Our approach is intense and proactive.
We believe that early intervention is pivotal to outcome. We work with children from disadvantaged backgrounds and communities where parents and educational settings are struggling to meet their needs and provide financial assistance and support to the most vulnerable of families to provide a brighter and inclusive future for children with autism.
We harness collective support, in collaboration with the local authority, educational providers, voluntary organisations and community organisations to work together to identify 'hard to reach' children.
We improve access to Applied Behavioural Analysis (ABA) educational based provision for children and families through support for higher education students, and trainee teachers and therapists. We support children in both the home and school environments to maintain consistency as part of our Team Around the Child approach.
Regular consultation and tutor visits in both the home and school setting include essential assessments and reports to determine provision as part of the school Annual Review. It is the intensity, consistency and collaboration within our programmes that guarantee 100% successful outcomes for the children involved.
Our programmes have an onward impact in supporting their families, teachers, support workers and external professionals. In total, we have worked across twenty-five schools in Hampshire. As a result of the training process, school staff have been able to develop an understanding of how autism affects individuals and adopt a whole school approach across multiple children within their setting.
Our programmes are completely driven by the child and their needs. Our aim is to support at a very early stage, which means that the children we support have the best chance of reaching their true potential and less change of suffering social isolation, mental illness, and anxiety. We believe that if children are able to communicate and understand the world, then they are less likely to be labelled as disruptive, less likely to become disruptive, less likely to become frustrated and more likely to grow up to lead independent and purposeful lives. In essence, the effects are far-reaching in terms of significantly improving the health and well-being of their family, school, and local community.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **Achievements and performance - Our charitable activities**
## **Our Beneficiaries**
At the time of this report, we are working with six families across different communities within Hampshire and families are in receipt of a co-funded agreement between The Playhouse Foundation and our Local Authority.
## **Advocacy within the community**
In addition to our bursaries, we offer a range of professional services that have been developed to meet the needs of individuals, families and professional bodies:
We provide a robust signposting scheme to support local families in search of help and resources to improve access and acceptance within the local community. Families may be in need of respite services such as parent support groups, information in response to a recent autism diagnosis, information about other early interventions, webinars, referrals to professionals or to start their own ABA Programmes. To date, we have supported over fivehundred families as part of our outreach service, many of whom we support for up to eighteen months and beyond. Our families report that they are able to engage with their child in a more meaningful and positive way, using effective coping strategies to manage behavioural difficulties. All our services are designed to improve the mental and physical wellbeing, self-belief and support families with a growth pathway to a brighter future.
We continue to build upon collaborations with other local organisations to ensure that even more families have access to our services.
## **Partnership with our Local Authority**
The development of a progressive pathway between the Foundation and the Local Authority has significantly enabled us to be visible to the SEND team, ensure that our support will be well received by our beneficiaries and above all, emphasizes the effectiveness of our model.
Our advocacy work enables us to work closely with our Local Authority to identify the ‘hard to reach’ children and the families who are unable to seek out services for themselves. The support we provide offers parents a resource network in which they can access for their child.
We continue to extend our reach alongside other local authorities within the UK, who have expressed an interest in replicating our model.
## **School Training**
We work with our teams of clinicians to deliver training to local primary schools, to incorporate positive behaviour support strategies to enable school staff to educate and consolidate their understanding of young children with autism and associated behaviours within the classroom. In addition to theory training, we provide bespoke practical workshop sessions to further enhance training and which cover tutor-specific topics related to conducting session work and implementing interventions effectively to create an optimal learning environment.
## **Collaboration with Universities**
We engage with local universities to host student internships, volunteer placements and student mentoring to further the careers of Psychology students, who become tutors for our beneficiaries. We also acquire volunteers to drive awareness of our impact across all digital platforms, develop compelling stories, promote fund raising and maximise our reach within and surrounding our community.
We are in partnership with Winchester, Reading and Southampton Universities and have a variety of innovation projects with ambitious students, aimed to demonstrate the profound impact that our organisation has created to children with autism and disadvantaged families.
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **Ongoing charitable activities**
Over the next twelve-month period, we will continue to:
- Incorporate means in which to strengthen and grow our collective impact with the local authority and schools to ensure that the value of early intervention through ABA reaches as many children as possible within mainstream primary schools where the school can no longer meet their needs.
- Expand and grow beyond Hampshire, using a tried and tested effective protocol.
- Extend and develop advocacy provision for families to reduce the burden on them, the local authority and the family courts while achieving the right educational support for children.
- Create an impact measurement strategy, building on the work accomplished to date as a key part of sustainability planning and to ensure that families, schools, and the local authority remain invested in our programmes.
- Build upon our database of suitably trained staff to speed up the decision-making process that it takes to create efficient programmes and become better equipped for a role in supporting a child with autism in school at no extra costs to the local authority or the school. The reassurance and legitimacy that the local authority endorses, has the potential to make this process much easier.
- Expand our clinical network of Supervisors to meet the demand and expanse of our services and to operate close supervision of all consultants, providing guidance and up to date training including new approaches for the career development and fulfilment.
## **Financial review**
The income for the year totalled £105,509 (2023 - £114,067), including donations and gifts of £101,256 (2023 – 102,517) and grants of £2,300 (2023 - £10,420).
Total expenditure for the year was £94,563 (2023 - £88,945).
An overall surplus of £10,946 (2023 - £25,122) was generated during the year.
Early intervention with ABA is expensive - costing up to £45,000 per year per family. However, the savings from keeping children in mainstream schools with provision that does not disrupt the education of others, compared with resorting to specialist provision amounts to very much the same.
The intangible benefit of ABA training for teachers and support staff to allow reduced disruption in the classroom is difficult to quantify, but the number of teachers working with the Foundation rises year on year. Over the course of the year, there has been further modification of expenditure and reduction of costs and revised and formalised Agreements for those beneficiaries with whom match funding has been achieved. By supporting the training and qualification of ABA consultants and providing internships to Psychology students, the Foundation is investing in the future of education for children with autism and reducing the annual cost to under £30,000 per year for ABA home programmes with a further reduction to under £6,000 for provision within the school.
## **Reserves policy**
Our aim is to maintain a level of reserves of not less than 6 months’ running costs. For the year ended 31 March 2024, the trustees considered it prudent to maintain cash reserves of a minimum of £68,000 and these funds were held in a CCLA/COIF deposit fund. The reserves policy is reviewed annually.
Our total free reserves stood at £110,205 at 31 August 2024 (2023: £95,534). The charity's reserve policy is to create long term financial sustainability by maximising our income to further its objectives by sound financial management and forward financial planning. The treasurer (Trustee) and Bookkeeper look to maintain enough money in the bank account to continue to fund all forthcoming planned commitments, designations, and expenses for the services as part of the families' ABA programmes (currently for one year), as well as the running costs of the Charity. At no point in the year is the bank account to be overdrawn.
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **Structure, governance and management**
The charity was registered a charitable incorporated organisation on 10 November 2015 and is governed by its constitution.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr G Stanley Mr J Sykes Mr N Cotton Mrs Z Rogers Mr R Sanders
Recruitment and appointment of new trustees is conducted with an interview process with ultimate decision of appointment by existing trustees.
Trustees will be given a copy of the Trustee Code of Conduct which details rules and any training required.
The trustees' report was approved by the Board of Trustees.
.............................. Mrs Z Rogers **Trustee** 24/3/2025 | 07:24 GMT Date: .............................................
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE PLAYHOUSE FOUNDATION**
I report to the trustees on my examination of the financial statements of The Playhouse Foundation (the charity) for the year ended 31 August 2024.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
Adam Buse, ACA
Fiander Tovell Limited Stag Gates House 63/64 The Avenue Southampton Hampshire SO17 1XS 24/3/2025 | 09:12 GMT Dated: .........................
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 AUGUST 2024**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
100,006
3,550
Investments
**4**
1,953
-
**Total income**
101,959
3,550
**Expenditure on:**
Charitable activities
**5**
87,288
7,275
**Total expenditure**
87,288
7,275
**Net income/(expenditure) and movement in**
**funds**
14,671
(3,725)
**Reconciliation of funds:**
Fund balances at 1 September 2023
95,534
9,042
**Fund balances at 31 August 2024**
110,205
5,317|**Total**
**2024**
**£**
103,556
1,953
105,509
94,563
94,563
10,946
104,576
115,522|**Total**
**2023**
**£**
112,937
1,130|
|---|---|---|
|||114,067
88,945|
|||88,945|
|||25,122
79,454|
|||104,576|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 7 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **BALANCE SHEET**
## **AS AT 31 AUGUST 2024**
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**12**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**13**
Unrestricted funds|**2024**
**£**
24,400
120,434
144,834
(29,647)|**£**
335
115,187
115,522
5,317
110,205
115,522|**2023**
**£**
816
134,602
135,418
(31,356)|**£**
514
104,062|
|---|---|---|---|---|
|||||104,576|
|||||9,042
95,534|
|||||104,576|
17/3/2025 | 08:53 GMT The financial statements were approved by the trustees on .........................
.............................. Mr N Cotton **Trustee**
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
## **1 Accounting policies**
## **Charity information**
The Playhouse Foundation is a charitable incorporated organisation (CIO) registered with the Charity Commission in England & Wales. The principal address is Fruit Tree, Otterbourne Road, Winchester, SO21 2RT.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, the Financial Reporting Standard applicable in the UK and Republic of Ireland” (FRS 102), 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 issued in October 2019, UK Generally Accepted Accounting Practice and applicable charity law. The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Transfers are made between funds when adequate justification and supporting evidence is provided.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **1 Accounting policies**
**(Continued)**
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Support costs are allocated to activities in proportion to the staff time spent on each activity. Where support costs are allocated to restricted funds, these are allocated in accordance with the terms of the funding agreements.
Irrecoverable VAT is charged as a cost against the category of expenditure to which it relates.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 25% on reducing balance Computers Straight line over 3 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **1 Accounting policies**
**(Continued)**
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Donations and gifts
100,006
1,250
Grants
-
2,300
100,006
3,550
**For the year ended 31 August 2023**
105,017
7,920|**Total**
**2024**
**£**
101,256
2,300
103,556|**Total**
**2023**
**£**
102,517
10,420|
|---|---|---|
|||112,937|
|||112,937|
- 11 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 AUGUST 2024**
## **3 Income from donations and legacies**
|**Income from donations and legacies**
**Donations and gifts**
The O'Sullivan Family Charitable Trust
Other trust funds
Personal donations
Other
**Grants**
St James Place
Brian Murtagh Trust
University of Southampton|**(Continued)**
**2024**
**2023**
**£**
**£**
94,125
86,281
2,671
12,736
1,800
2,293
2,660
1,207
101,256
102,517
-
2,500
-
7,920
2,300
-
2,300
10,420|**(Continued)**
**2024**
**2023**
**£**
**£**
94,125
86,281
2,671
12,736
1,800
2,293
2,660
1,207
101,256
102,517
-
2,500
-
7,920
2,300
-
2,300
10,420|
|---|---|---|
|||102,517|
|||2,500
7,920
-|
|||10,420|
## **4 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Interest receivable|1,953|1,130|
- 12 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2024**
## **5 Expenditure on charitable activities**
|**Direct costs**
Staff costs
Consultancy
Tutor fees
Fundraiser fees
Advocacy and family support
Sundries
**Share of support and governance costs (see note 6)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds
**Support costs allocated to activities**
Depreciation and loss on disposal of assets
Administrative and office expenses
Travel and subsistence
Insurance
Bank charges
Governance costs
**Analysed between:**
Charitable activities
**Governance costs comprise:**
Independent examination|**2024**
**£**
978
17,972
30,447
50
23,040
1,332
73,819
17,984
2,760
94,563
87,288
7,275
94,563
**2024**
**£**
179
16,491
-
1,207
107
2,760
20,744
20,744
**2024**
**£**
2,760
2,760|**2023**
**£**
-
24,344
20,788
733
22,044
326|
|---|---|---|
|||68,235
18,010
2,700|
|||88,945|
|||85,577
3,368|
|||88,945|
|||**2023**
**£**
1,156
16,045
31
668
110
2,700|
|||20,710|
|||20,710|
|||**2023**
**£**
2,700|
|||2,700|
## **6 Support costs allocated to activities**
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Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **7 Trustees**
No expense payments were made to trustees during the current or prior year.
During the year, Mrs V Stanley, the Chief Executive Officer and wife of the chair of trustees, invoiced the charity for management and consultancy services. Fees of £28,404 (2023 - £25,380) were payable by the charity, of which £2,304 was outstanding at the year end (2023 - £2,556). All transactions were conducted in accordance with the charity's constitution and on an arm's length basis.
None of the trustees received any remuneration or benefits from the charity during the current or prior year.
## **8 Employees**
The average monthly number of employees during the year was:
||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
||1|-|
|**Employment costs**|**2024**|**2023**|
||**£**|**£**|
|Wages and salaries|978|-|
There were no employees whose annual remuneration was more than £60,000.
## **9 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
- 14 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2024**
|**10**
**Tangible fixed assets**
**Fixtures and**
**fittings**
**Computers**
**£**
**£**
**Cost**
At 1 September 2023
2,201
5,134
At 31 August 2024
2,201
5,134
**Depreciation and impairment**
At 1 September 2023
1,755
5,066
Depreciation charged in the year
111
68
At 31 August 2024
1,866
5,134
**Carrying amount**
At 31 August 2024
335
-
At 31 August 2023
446
68
**11**
**Debtors**
**2024**
**Amounts falling due within one year:**
**£**
Trade debtors
23,712
Other debtors
-
Prepayments and accrued income
688
24,400
**12**
**Creditors: amounts falling due within one year**
**2024**
**£**
Deferred income
23,531
Trade creditors
2,327
Accruals
3,789
29,647|**Total**
**£**
7,335|
|---|---|
||7,335|
||6,821
179|
||7,000|
||335|
||514|
||**2023**
**£**
80
125
611|
||816|
||**2023**
**£**
23,531
4,713
3,112|
||31,356|
All brought forward deferred income was released to incoming resources during the year.
- 15 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **13 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At 1**|**Incoming**|**Resources**|**At 31 August**|**At 31 August**|
|---|---|---|---|---|---|
||**September**|**resources**|**expended**||**2024**|
||**2023**|||||
||**£**|**£**|**£**||**£**|
|Brighter Life|3,755|-|(1,010)||2,745|
|The Brian Murtagh Trust|5,287|-|(5,287)||-|
|University of Southampton|-|2,300|(978)||1,322|
|Winchester Rotary|-|1,250|-||1,250|
||9,042|3,550|(7,275)||5,317|
||**At 1**|**Incoming**|**Resources**|**At 31 August**||
||**September**|**resources**|**expended**||**2023**|
||**2022**|||||
||**£**|**£**|**£**||**£**|
|Brighter Life|4,490|-|(735)||3,755|
|The Brian Murtagh Trust|-|7,920|(2,633)||5,287|
||4,490|7,920|3,368||9,042|
Brighter life - Funding for the provision of resources such as equipment, toys and activities for children with autism and their families.
The Brian Murtagh Trust - Funding received to provide ABA school consultation and training services for a child with autism across three terms within his primary school.
University of Southampton - Funding for the employment of a student from the University of Southampton on an internship, to assist the charity in its provision of ABA programmes within the Hampshire area.
Winchester Rotary - Funding received for to support The Playhouse Foundation's webinar series.
## **14 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 August 2024:**
Tangible assets
335
-
Current assets/(liabilities)
109,870
5,317
110,205
5,317|**Total**
**2024**
**£**
335
115,187|
|---|---|
||115,522|
- 16 -
Docusign Envelope ID: 4C263DB4-B959-4BE5-8F84-FDDCCA08C042
## **THE PLAYHOUSE FOUNDATION**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024**
## **14 Analysis of net assets between funds**
|**Analysis of net assets between funds**|||**(Continued)**|
|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total**|
||**funds**|**funds**||
||**2023**|**2023**|**2023**|
||**£**|**£**|**£**|
|**At 31 August 2023:**||||
|Tangible assets|514|-|514|
|Current assets/(liabilities)|95,020|9,042|104,062|
||95,534|9,042|104,576|
## **15 Related party transactions**
Transactions with persons associated with the trustees are disclosed in note 7 to the financial statements. There were no other disclosable transactions with related parties (2023 - none).
- 17 -