Charity No: 1178858
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT AND UNAUDITED ACCOUNTS 31 MARCH 2021
ANDREW THURBURN & COMPANY Chartered Accountants 38 Tamworth Road Croydon, Surrey CR0 1XU
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT 2020/21
TRUSTEES/MANAGEMENT COMMITTEE MEMBERS
Hilary Rimington (Chair/Treasurer) Hannah Ojo (Secretary) Amy Compton
OBJECTS
To provide safe, stimulating, supervised recreational and social activities for children and young people in West Camberwell aged 5-15, so enabling their physical, social and emotional development.
REVIEW OF ACTIVITIES OVER THE PAST YEAR AND FUTURE PLANS
This year has been our 45th since our opening in 1976. We had planned a big party but then COVID happened! We had to close for a time in the first lockdown but we were open for most of the rest of the year with appropriate safety precautions and operating mainly out of doors.
During lockdown our Project Director, Steph Bent, continued to support our young people and families on the phone and by organising weekly craft kits and food parcels, in partnership with Youth Futures. Steph also put a lot of time and energy into building networking and partnership working with a wide range of agencies including: Active Communities, Millwall, Youth Futures and Black Butter/Sony Music.
Food has become a major focus of our activities and we received funding through the council for the provision of lunches and activities during the school holidays. We have also been successful in gaining another five years of Lottery funding which puts us in a good position for some years.
Plans for the future include: major refurbishment of our structures funded through Southwark Council and the long awaited building of an extension with Section 106 funding which the council will be supervising. We greatly welcome the closer working links which have developed recently with Southwark Council.
All in all things, look good for us in the run-up to our half century in 2026. New management board members are welcome to join us so let us know if you are interested.
Hilary Rimington – Chair of Trustees
STATEMENT OF PUBLIC BENEFIT
We are a fully constituted voluntary charity which exists to provide safe and stimulating play, recreational and youth facilities for children and young people aged 5-15 in Camberwell, south east London, with a view to supporting their physical, emotional and social development and improving their overall quality of life.
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT 2020/21 (Contd)
RESERVES POLICY
Our policy is to keep 3 months' salaries and running costs in reserve (approx 25k) which we have achieved this year.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing financial statements for each financial year, which give a true and fair view of the Playground's financial activities during that year and of its financial position at the end of the year. In preparing those financial statements, the trustees should follow best practice and:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Playground will continue in operation.
The trustees are responsible for:
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keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Playground and enable them to ensure that the annual financial statements comply with the Charities Act 2011; and
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safeguarding the Playground's assets and for taking reasonable steps for prevention and detection of fraud and other irregularities.
……………………………………………………………….. Hilary Rimington – Treasurer & Trustee
14 March 2022
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND
I report on the accounts of the trust for the year ended 31 March 2021, which are set out on pages 4 to 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINERS
As the charity's trustees you are responsible for the preparation of the accounts: you consider that the audit requirement of section 144 of the Charities Act 2011 (the 2011 Act) does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, 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.
INDEPENDENT EXAMINERS' 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:
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(1) accounting records were not kept in respect of the Trust as required by s.130 of the Act;
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(2) the accounts do not accord with those records; or
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(3) the accounts 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 accounts to be reached.
ANDREW THURBURN FCA Andrew Thurburn & Co Chartered Accountants 38 Tamworth Road Croydon, Surrey CR0 1XU
14 March 2022
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2021
| 2021 | 2021 | 2021 | 2021 | 2020 | ||
|---|---|---|---|---|---|---|
| Unrestricte | ||||||
| Restricte d |
d | Total | Total | |||
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| INCOMING RESOURCES | ||||||
| Voluntary Income | ||||||
| London Borough of Southwark | - | 23,220 | 23,220 | 38,127 | ||
| Grants & Donations (Note 2) | - | 9,329 | 9,329 | 99,876 | ||
| Fees & Parents’ Contributions | - | 628 | 628 | 7,525 | ||
| Pitch Hire& Other Income | - | 4,120 | 4,120 | 6,020 | ||
| Furlough Payments | 20,404 | - | 20,404 | - | ||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| TOTAL INCOMING RESOURCES | 20,404 | 37,297 | 57,701 | 151,548 | ||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| RESOURCES EXPENDED | ||||||
| Charitable Activities | ||||||
| Salaries & Freelance | 46,148 | 2,000 | 48,148 | 60,794 | ||
| Insurance | - | - | - | 4,118 | ||
| Telephone | - | 545 | 545 | 505 | ||
| Light & Heat | - | 2,541 | 2,541 | 2,592 | ||
| Supplies/Equipment | - | 4,294 | 4,294 | 2,366 | ||
| BASS & BRAP Expenditure | - | 11,696 | 11,696 | 20,596 | ||
| Photocopier | - | 2,520 | 2,520 | 2,549 | ||
| Activities and Outings | - | 805 | 805 | 5,659 | ||
| Building & Maintenance | - | 1,357 | 1,357 | 1,386 | ||
| Rent | - | 1,250 | 1,250 | 2,500 | ||
| Training | - | 151 | 151 | - | ||
| Waste | - | 1,172 | 1,172 | 1,155 | ||
| Cleaning | - | 1,045 | 1,045 | 4,605 | ||
| External Consultancy | - | 1,219 | 1,219 | 1,219 | ||
| Sundry Expenses | - | 1,647 | 1,647 | 1,801 | ||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| 46,148 | 32,242 | 78,390 | 111,845 | |||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| Governance Costs | ||||||
| General Administrative Costs | - | 179 | 179 | 760 | ||
| Independent Examiner's Fee | - | 816 | 816 | 888 | ||
| _ | _ | _ | _ | |||
| - | 995 | 995 | 1,648 | |||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| TOTAL OUTGOING RESOURCES | 46,148 | 33,237 | 79,385 | 113,493 | ||
| ––––––– | ––––––– | ––––––– | ––––––– | |||
| NET(EXPENDITURE)/INCOME FOR | ||||||
| THE YEAR | (25,744) | 4,060 | (21,684)38,055 | |||
| FUNDS AT 1 APRIL 2020 | 54,027 | 39,029 | 93,056 | 55,001 | ||
| –––––– | –––––– | –––––– | –––––– | |||
| FUNDS AT 31 MARCH 2021 | £ 28,283 | £ 43,089 | £ 71,372 | £ | ||
| 93,056 |
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND BALANCE SHEET 31 MARCH 2021
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| CURRENT ASSETS | |||
| Cash at Bank | 29,577 | 71,168 | |
| Debtors – Owing from BASS | 47,718 | 27,787 | |
| –––––– | –––––– | ||
| £ 77,295 | £ | 98,955 | |
| –––––– | –––––– | ||
| CURRENT LIABILITIES | |||
| Creditors falling due within one year(Note 4) | 5,923 | 5,899 | |
| ––––––– | ––––––– | ||
| NET ASSETS | £ 71,372£ | ||
| 93,056 | |||
| FUNDS | |||
| Restricted Funds | 28,283 | 54,027 | |
| Unrestricted Funds | 43,089 39,029 | ||
| –––––– | –––––– | ||
| £ 71,372£ | |||
| 93,056 |
………………………………………………….. Hilary Rimington – Trustee
14 March 2022
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
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(i) The accounts of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (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 (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011.The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
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(ii) General funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds are funds subject to specific restrictive conditions imposed by the donors.
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(iii) All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. Bank Interest is recognised as an incoming resource when it is credited to the bank statement.
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(iv) Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT that cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities for its beneficiaries. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner's fee.
| 2. | GRANTS AND DONATIONS | 2021 | 2020 |
|---|---|---|---|
| Restricted and Unrestricted | |||
| Big Lottery Fund/Reaching Communities (Restricted) | - | 97,926 | |
| CAF | 400 | - | |
| JP Foundation | 750 | 1,200 | |
| LCF | 3,179 | - | |
| Other | 5,000 | 750 | |
| –––––– | –––––– | ||
| £ 9,329 | £ 99,876 |
3. TRUSTEES' REMUNERATION
No trustee received any remuneration or was reimbursed expenses in the year or the previous year in respect of their role as trustees However, two
trustees have received payments for other duties including HR, payroll and summer staff cover.
BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2021 (Continued)
4. CREDITORS due within one year
Sundry Creditors
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| 5,923 | 5,899 | ||
| –––––– | –––––– | ||
| £ | 5,923 | £ | 5,899 |
5. SPLIT OF NET ASSETS BETWEEN FUNDS
| Restricted | Unrestricted | Total | |
|---|---|---|---|
| Funds | Funds | ||
| £ | £ | £ | |
| Current Assets | 28,283 | 49,012 | 77,295 |
| Current Liabilities | - | (5,923) | |
| (5,923) | |||
| ––––– | ––––– | ––––– | |
| £ 28,283 | £ 43,089£ | ||
| 71,372 |
6. STAFF COSTS
The average number of employees in the year was 3 (full time equivalents) (2020: 3).
The breakdown of staff costs was as follows:
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | |||
| Gross Salaries | 47,417 | 59,851 | ||
| Social Security Costs | - | 72 | ||
| Pension Costs | 731 | 871 | ||
| –––––– | –––––– | |||
| £ 48,148 | £ 60,794 | |||
| 7. | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL ACTIVITIES | ||
| Restricted | Unrestricted | Total | ||
| Funds | Funds | |||
| £ | £ | £ | ||
| INCOMING RESOURCES | ||||
| Voluntary Income | ||||
| Grants & Donations | 97,926 | 1,950 | 99,876 | |
| Other Income | - | 51,672 | 51,672 | |
| –––––– | –––––– | –––––– | ||
| TOTAL INCOMING RESOURCES | 97,926 | 53,622 | 151,548 | |
| –––––– | –––––– | –––––– | ||
| RESOURCES EXPENDED | ||||
| Charitable Activities | 56,048 | 55,797 | 111,845 | |
| Governance Costs | - | 1,648 | 1,648 | |
| –––––– | –––––– | –––––– |
TOTAL RESOURCES EXPENDED 56.048 57,445 113,493