**Charity No:  1178858** 

**BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT AND UNAUDITED ACCOUNTS** 

**31 MARCH 2024** 

**ANDREW THURBURN & COMPANY Chartered Accountants 38 Tamworth Road Croydon, Surrey CR0 1XU** 



## **BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT 2023/24** 

## **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** 

We celebrated our 48th year of adventure play in Camberwell in April 2024.  We have continued to provide an exciting range of activities for 6-16 year olds but this work is increasingly focused on food support for young people and their families and on mental health and well-being of young people.  We are also providing more for 16-19 year olds through our Young Volunteers Scheme 

We are still waiting for our extension which was promised by a local developer nearly 10 years ago .... watch this space.  We have also been promised a playground makeover by the council which has started with a new pitch surface. 

Many thanks to Steph and her team who have worked hard to provide the fun and support needed by our users. 

## **Hilary Rimington – Trustee and Chairperson** 

## **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. 

## **RESERVES POLICY** 

Our policy is to keep 3 months' salaries and running costs in reserve (approx 25k). This has been achieved this year when including restricted reserves which cover a substantial part of these costs. 

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## **BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND TRUSTEES' REPORT 2022/23 (Contd)** 

## **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** 

**7 February 2025** 

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## **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 2024, 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** 

**7 February 2025** 

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## **BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024** 

|||**2024**|**2024**||**2024**||**2023**|
|---|---|---|---|---|---|---|---|
||**Restricted**<br>**Funds**|**Unrestricted**<br>**Funds**|||**Total**||**Total**|
||**£**||**£**||**£**||**£**|
|**INCOMING RESOURCES**||||||||
|**Voluntary Income**||||||||
|London Borough of Southwark|-||37,500||37,500||6,519|
|Grants & Donations (Note 2)|122,870||7,600||130,470||74,960|
|Fees & Parents’ Contributions|-||-||-||4,638|
|Pitch Hire & Other Income|-||5,792||5,792||4,131|
||–––––––|–––––––||–––––––||–––––––||
|**TOTAL INCOMING RESOURCES**|122,870||50,892||173,762||90,248|
||–––––––|–––––––||–––––––||–––––––||
|**RESOURCES EXPENDED**||||||||
|**Charitable Activities**||||||||
|Salaries & Freelance|73,605||-||73,605||66,874|
|Insurance|-||2,303||2,303||2,093|
|Telephone|-||629||629||429|
|Light & Heat|7,589||7,589||15,178||16,346|
|Supplies/Equipment|3,808||-||3,808||5,332|
|BASS & BRAP Expenditure|-||26,623||26,623||28,954|
|Photocopier|-||4,027||4,027||3,275|
|Activities and Outings|7,746||-||7,746||1,940|
|Volunteers’ Expenses|1,850||-||1,850||1,150|
|Food|4,166||-||4,166||5,152|
|Building & Maintenance|2,196||-||2,196||2,004|
|Rent|-||1,250||1,250||1,250|
|Training|-||100||100||-|
|Waste|-||1,655||1,655||1,504|
|Cleaning|3,842||3,531||7,373||6,859|
|External Consultancy|-||1,219||1,219||1,219|
|Sundry Expenses|-||2,410||2,410||1,355|
||–––––––|–––––––||–––––––||–––––––||
||104,802||51,336||156,138||145,736|
||–––––––|–––––––||–––––––||–––––––||
|**Governance Costs**||||||||
|General Administrative Costs|-||-||-||-|
|Independent Examiner's Fee|-||1,080||1,080||900|
||_______|_______||_______||_______||
||-||1,080||1,080||900|
||–––––––|–––––––||–––––––||–––––––||
|**TOTAL OUTGOING RESOURCES**|104,802||52,416||157,218||146,636|
||–––––––|–––––––||–––––––||–––––––||
|**NET INCOME/(EXPENDITURE) FOR**||||||||
|**THE YEAR**|18,068||(1,524)||16,544||(56,388)|
|**FUNDS AT 1 APRIL 2023**|2,700||4,390||7,090||63,478|
||––––––||––––––||––––––||––––––|
|**FUNDS AT 31 MARCH 2024**|£ 20,768||£  2,866||£ 23,634||£ 7,090|



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## **BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND BALANCE SHEET 31 MARCH 2024** 

|**CURRENT ASSETS**<br>Cash at Bank<br>Debtors due within one year<br>**CURRENT LIABILITIES**<br>Creditors falling due within one year (Note 4)<br>**NET ASSETS**<br>**FUNDS**<br>Restricted Funds<br>Unrestricted Funds|**2024**<br>**£**<br>45,407<br>-<br>––––––<br>£ 45,407<br>––––––<br>21,773<br>–––––––<br>£ 23,634<br>20,768<br>2,866<br>––––––<br>£ 23,634|**2023**<br>**£**<br>555<br>13,760<br>––––––<br>£ 14,315<br>––––––<br>7,225<br>–––––––<br>£ 7,090<br>2,700<br>4,390<br>––––––<br>£ 7,090|
|---|---|---|



**………………………………………………….. Hilary Rimington – Trustee** 

## **7 February 2025** 

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**BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024** 

## **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**|**2024**|**2023**|
|---|---|---|---|
||**Restricted and Unrestricted**|||
||Big Lottery Fund/Reaching Communities (Restricted)|96,850|60,000|
||CAF|1,200|3,100|
||Holiday Food Project (Restricted) (LBS)|25,120|10,560|
||Jack Petchey Foundation (Restricted)|900|900|
||St Olaves & St Saviours|2,500|-|
||Active Communities|-|400|
||Other|3,900|-|
|||––––––|––––––|
|||£ 130,470|£ 74,960|



## **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. 

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## **BETHWIN ROAD NEIGHBOURHOOD PLAYGROUND NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 (Continued)** 

|**4.**|**CREDITORS due within one year**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||Sundry Creditors|8,337|7,225|
||Amounts Owing to BASS and BRAPG|13,436|-|
|||––––––|––––––|
|||£ 21,773|£ 7,225|



## **5. SPLIT OF NET ASSETS BETWEEN FUNDS** 

||**Restricted**|**Unrestricted**|**Total**|
|---|---|---|---|
||**Funds**|**Funds**||
||**£**|**£**|**£**|
|Current Assets|20,768|24,639|45,407|
|Current Liabilities|-|21,773|21,773|
||–––––|–––––<br>|–––––|
||£ 20,768|£ 2,866£||
|23,634||||



## **6. STAFF COSTS** 

The average number of employees in the year was 3 (full time equivalents) (2023: 3). 

The breakdown of staff costs was as follows: 

|The breakdown of staff costs was as follows:||||
|---|---|---|---|
|||**2024**|**2023**|
|||**£**|**£**|
|Gross Salaries||72,640|65,738|
|Social Security Costs||-|-|
|Pension Costs||965|1,136|
|||––––––|––––––|
|||£ 73,605|£ 66,874|
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**||**ACTIVITIES**||
||**Restricted**|**Unrestricted**|**Total**|
||**Funds**|**Funds**||
||**£**|**£**|**£**|
|**INCOMING RESOURCES**||||
|**Voluntary Income**||||
|Grants & Donations|71,460|3,500|74,960|
|Other Income|-|15,288|15,288|
||––––––|––––––|––––––|
|**TOTAL INCOMING RESOURCES**|71,460|18,788|90,248|
||––––––|––––––|––––––|
|**RESOURCES EXPENDED**||||
|Charitable Activities|74,026|71,710|145,736|
|Governance Costs|-|900|900|
||––––––|––––––|––––––|
|**TOTAL RESOURCES EXPENDED**|74,026|72,610|146,636|



## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

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