**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: 

- select suitable accounting policies and then apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- 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 

- 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: 

- 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 

- 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: 

- (1) accounting records were not kept in respect of the Trust as required by s.130 of the Act; 

- (2) the accounts do not accord with those records;  or 

- (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**<br>**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** 

- (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. 

- (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. 

- (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. 

- (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