Charity Number: 1187418
PLAY RADNOR / CHWARAE MAESYFED
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
PLAY RADNOR / CHWARAE MAESYFED ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
INDEX
| Page | |
|---|---|
| 1 - 4 | Report of the Trustees |
| 5 | Independent Examiner’s Report |
| 6 | Statement of Financial Activities |
| (including Income and Expenditure Account) | |
| 7 | Balance Sheet |
| 8 - 13 | Notes to the Financial Statements |
PLAY RADNOR / CHWARAE MAESYFED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report, together with the Financial Statements of the Charity for the year ended 31 March 2024.
OUR PURPOSE AND OBJECTIVES
The object of the CIO is the provision of facilities for recreation and other occupations for children resident in the districts of Radnorshire/North Brecknock being facilities (A) of which such children have need by reason of their youth or social and economic circumstances and (B) which will improve the conditions of life for such children by promoting their physical, mental and spiritual well-being.
ACTIVITIES AND PERFORMANCE
2023/24 was a successful year for Play Radnor/Chwarae Maesyfed as the organisation looks to consolidate the playhub and activities as a vital part of the community in Radnorshire. We received funding for several new projects that were only possible because of the building renovations completed in previous years, and usage of the space, participants in activities and funding income were all increased.
We have a number of core projects that have been running for a number of years and provide free support and play opportunities to local families. Our regular activities in this year included:
Thumbs Up Club - Providing play opportunities for children with additional needs. We recruited a new project manager in Spring, Jan Bufton, who had a lot of experience in this area of play. Funding from Children In Need has ended but future provision is being included in new bids.
Mud and Sticks - This outdoor project, based on land provided by Powys County Council, continued with variable numbers depending on the weather. Ruth Joiner became the leader on this project, ensuring it could continue through summer when numbers increased.
Art Club - The funding for this project ceased during the year but the project was completed successfully and reported on. The objectives were successfully met and future bids may be made to resume the project.
Stay and Play - One of our longest running projects continues to provide an important service for pre-school children and parents. It is run by volunteers from the parents and is very well attended.
New Activities:
Wildcraft - We received funding from the Postcode Lottery Community Fund to run outdoor sessions. The project aims to engage children and young people with the outdoors with activities including den building, campfire cooking, basic woodworking, gardening, growing etc. The sessions began in summer 2023 and attendance was good from the start. New staff were also recruited to run the project.
Healthy Eating/Cooking Club - Funding was provided by Principality Building Society to provide healthy cooking sessions to children, young people and adults over the
period of a year. These have been very popular with young people with sessions usually full and seeing the new kitchen being used by children shows that there is a lot of potential in these sorts of activities.
Summer Activities - There was some HAF Llandrindod ( Holiday Activities and Food). money left over so Play Radnor were engaged to provide more summer activities, similar to the previous summer. These took place in 3 locations in or around Llandrindod and allowed us to have strong outreach into different areas of the town. We also provided play sessions in Llanwrtyd Wells and Glasbury.
PlayHub:
The new facilities have been well used this year, both by the organisation and by new and existing hirers. The outdoor space has been improved through projects and funding with a new pizza oven, landscaping and addition of more outdoor toys. The kitchen has been very useful for parties and we continue to have a steady stream of hirers for this purpose. The facilities were used by Powys Teaching Health Board who wanted to run a cooking course to help people with independence, and they were also hired by a local pickling business!
The main hall has also been used by Alcoholics Anonymous and Mum’s Matter group regularly and Barcud Housing Association for a one-off event.
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PLAY RADNOR / CHWARAE MAESYFED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Funding:
Play Radnor//Chwarae Maesyfed are grateful to all our funding partners in 2023/24 for allowing us to continue providing play opportunities to children and young people in Radnorshire.
Our funders include: -Screwfix - Building improvements -Welsh Water/Dwr Cymru - New gate -Powys County Council - Warm spaces funding -Principality Building Society - Cooking sessions -Postcode Lottery - Outdoor Project/Wildcraft -Community Foundation Wales - 3 Years core funding -Woodward Charitable Trust – core funding -Powys Community Endowment – Core costs -Prince of Wales Charitable Fund– Vehicle running costs -BUPA Foundation Green Communities – Outdoors area -Pobl Trust – Purchase of toy library items -Community Matters Fund - Energy efficiency improvements -WCVA – Volunteer coordinator
PLANS FOR THE FUTURE
It has been another successful year with our core activities continuing and some new projects beginning. Usage of the Hub is increasing each year and we are planning activities that give support to parents as well as children. We will have a new Volunteer Coordinator next year which will help with recruiting and training of volunteers.
The main challenges are finding and retaining staff, especially play workers. This is one of the reasons we wanted to recruit a volunteer coordinator.
Funding is also a continuing challenge and researching and writing bids takes up a lot of our Manager’s time. It would be good to see more support from Powys County Council as we provide a vital service for children and young people in Radnorshire. Having an annual core award from the council would give us a good foundation on which to build and give us a chance for longer-term planning and delivery of activity.
It is positive to see more successful bids this year, with some new funding partners which will provide core costs over a number of years.
We are undertaking the Investor in Volunteers Process to ensure our volunteer management is effective and provides the best experience for our volunteers and staff.
FINANCIAL REVIEW
Total Incoming Resources in the year were £122,750 (2023 - £65,280). Expenditure was £119,945 compared to £77,062 for the previous year. Net income for the year was £2,805 compared to Net expenditure of £11,782 for the previous year. The net movement in funds were net income for Restricted Funds of £11,169 (2023 - net income of £11,782) and net expenditure for Unrestricted Funds of £8,364 (2023 - £Nil) details of which are provided in the notes to the Financial Statements.
Details of Income and Expenditure are given in the Statement of Financial Activities on page 6 of the report. The Principal Funding Sources are summarised in note 2 on page 9 of the Financial Statements.
RESERVES POLICY
The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets, or held in designated funds, (‘the free reserves’) held by the Charity should be approximately three months of core costs expended.The actual free reserves at 31 March 2024 were £Nil (31 March 2023 - £Nil).
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PLAY RADNOR / CHWARAE MAESYFED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Name: Play Radnor / Chwarae Maesyfed Registered Charity Number: 1187418 Registered Office: The Play Hub Temple Street Llandrindod Wells Powys LD1 5HW Trustees: Owen Griffkin (Chair) Louise Bell Nicholas Tuffnell Gwawr Tuffnell Owen Howard (resigned September 2023) Lisa Horne (appointed October 2023) Bankers: CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Independent Examiner: A C Jones BSc (Econ), FCA Andrew Jones & Co Chartered Accountants The Old Surgery Spa Road Llandrindod Wells Powys LD1 5EY
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The Charity was incorporated as a CIO on 16 January 2020 and is governed by the Board of Trustees in accordance with its governing document .
Organisational Structure
The policy and general management of the affairs of the Association shall be directed by the Trustees, an Executive Committee (‘the Committee’) which shall meet not less than four times a year and when complete shall consist of not less than three members.
Nomination and Election
The Trustees shall be elected at the Annual General Meeting of the Association.
Risk Review
The Trustees have conducted their own review of the major risks to which the Charity is exposed, and systems have been established to mitigate those risks. These procedures are periodically reviewed to ensure they still meet the needs of the Charity.
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PLAY RADNOR / CHWARAE MAESYFED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the charity’s financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity, and which enable them to both ascertain the financial position of the charity and ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities issued in March 2005.
Approved by the Trustees on 29th January 2025 signed on their behalf by:
Owen Griffkin Chair
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PLAY RADNOR / CHWARAE MAESYFED
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS TO THE TRUSTEES OF PLAY RADNOR / CHWARAE MAESYFED
I report on the accounts of the Charity for the year ended 31 March 2024, which are set out on pages 5 to 12.
Respective Responsibilities of Trustees and Examiner
The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to our attention:
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(1) Which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
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(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A C Jones BSc (Econ) FCA Andrew Jones & Co Chartered Accountants The Old Surgery Spa Road Llandrindod Wells Powys LD1 5EY
29th January 2025
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PLAY RADNOR / CHWARAE MAESYFED
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024
| INCOME Note Donations and Legacies Charitable Activities Other Trading Activities Other Income TOTAL INCOME 2 EXPENDITURE Charitables Activities TOTAL EXPENDITURE 3 NET INCOME/(EXPENDITURE) BEFORE TRANSFERS Transfer Between Funds NET INCOME/(EXPENDITURE) AND NET MOVEMENT IN FUNDS FOR THE YEAR Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Funds £ 457 19,263 3,500 13,439 36,659 61,979 61,979 (25,320) 16,956 (8,364) - (8,364) |
Restricted Funds £ - 86,061 - 30 86,091 57,966 57,966 28,125 (16,956) 11,169 18,974 30,143 |
Total Funds Year Ended 31/3/2024 £ 457 105,324 3,500 13,469 122,750 119,945 119,945 2,805 - 2,805 18,974 21,779 |
Total Funds Year Ended 31/3/2023 £ - 65,280 - - |
|---|---|---|---|---|
65,280 |
||||
77,062 |
||||
77,062 |
||||
(11,782) - |
||||
(11,782) 30,756 |
||||
18,974 |
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 8 to 13 form an integral part of these Financial Statements.
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PLAY RADNOR / CHWARAE MAESYFED
BALANCE SHEET AT 31 MARCH 2024
| FIXED ASSETS Note Tangible Assets 5 CURRENT ASSETS Debtors 6 Cash at Bank and In Hand CURRENT LIABILITIES Creditors Amount Falling Due Within One Year 7 NET CURRENT ASSETS NET ASSETS 10 THE FUNDS OF THE CHARITY Unrestricted Funds 8 Restricted Funds 9 TOTAL FUNDS 10 |
2024 £ £ 4,744 4,744 15,135 23,083 38,218 (21,183) 17,035 21,779 (8,364) 30,143 21,779 |
2023 £ £ 1,417 1,417 3,270 32,312 35,582 (18,025) 17,557 18,974 - 18,974 18,974 |
2023 £ £ 1,417 1,417 3,270 32,312 35,582 (18,025) 17,557 18,974 - 18,974 18,974 |
|---|---|---|---|
| 18,974 | |||
| - 18,974 |
|||
| 18,974 |
Approved by the Trustees on 29th January 2025 and signed on their behalf by:
Owen Griffkin Chairman
The notes on pages 8 to 13 form an integral part of these Financial Statements
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PLAY RADNOR / CHWARAE MAESYFED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 ACCOUNTING POLICIES
Basis of Preparation
The Financial Statements have been prepared in accordance with 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) – (Charities SORP (FRS 102)) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
The charity constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Preparation of Accounts on a Going Concern Basis
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
Exemption from Preparing a Cash Flow Statement
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements .
Incoming Resources
Incoming resources including capital grants for the purchase of fixed assets are included in full in the Statement of Financial Activities when these are receivable.
Incoming resources in the form of donated assets have been included in the Income and Expenditure Account at a reasonable estimate of their value and capitalised where appropriate.
Resources Expended
Resources expended are accounted for on an accruals basis inclusive of VAT which cannot be recovered.
Expenditure is directly attributable to specific activities and has been included in cost categories of costs of generating funds, charitable expenditure provision of hospice and governance of the Charity.
Where costs cannot be directly attributed to these categories in respect of administration expenses, it is estimated based on activity levels that 90% of these costs are attributable to direct charitable expenditure and 10% to governance.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment, Fixtures and Fittings 20% on cost
Voluntary Help and Gifts in Kind
No value has been put on the voluntary help received during the year.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Accounting for Separate Funds
The financial statements of a charity must differentiate between restricted and unrestricted funds.
Restricted funds are funds subject to specific conditions, imposed by the donor or by the specific terms of the charity appeal less amounts expended for these purposes. Designated funds are income funds of the Charity which have been set aside for specific purposes, less amounts expended for these purposes. Unrestricted funds are all the other funds of the charity.
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PLAY RADNOR / CHWARAE MAESYFED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| 2 INCOME Donations and Legacies: Donations Income from Charitable Activities: Grants Receivable Play Session Other Trading Activities: Hall Hire Kitchen Hire Toy Hire Other Income: Sundry Receipts Recharge of Costs to Play Radnor Investment Income TOTAL INCOME GRANTS Grants received in the year were as under: Powys County Council Community Postcode Trust Powys Association of Voluntary Organisations Arnold Clark Armed Forces Educational Trust Lions The Prince's Charities Community Foundation Wales BBC Moondance Foundation Carmarthen County Council Welsh Water Screwfix Trusthouse Masonic Charitable Trust Pobl Trust GWUK Groundworks Prince of Wales Trust The Woodward Trust National Grid |
Unrestricted Funds £ 457 457 14,000 5,263 19,263 2,305 835 360 3,500 295 13,056 88 13,439 36,659 Unrestricted Funds £ - - - - - - - 6,500 - - - - - - 5,000 - - 1,500 1,000 - 14,000 |
Restricted Funds £ - - 86,012 49 86,061 - - - - 30 - - 30 86,091 Restricted Funds £ 94 24,250 - - - - - 8,583 9,782 - - 500 5,000 28,000 - 1,000 1,881 - - 6,922 86,012 |
Total Funds Year Ended 31/3/2024 £ 457 457 100,012 5,312 105,324 2,305 835 360 3,500 325 13,056 88 13,469 122,750 Year Ended 31/3/2024 £ 94 24,250 - - - - - 15,083 9,782 - - 500 5,000 28,000 5,000 1,000 1,881 1,500 1,000 6,922 100,012 |
Total Funds Year Ended 31/3/2023 £ - |
|---|---|---|---|---|
| - | ||||
| 62,330 2,950 |
||||
| 65,280 | ||||
| - - |
||||
| - | ||||
| - - - |
||||
| - | ||||
| 65,280 | ||||
| Year Ended 31/3/2023 £ 28,560 19,904 4,000 1,000 2,950 1,200 1,500 5,000 7,408 2,438 898 - - - - - - - - - |
||||
| 74,858 |
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PLAY RADNOR / CHWARAE MAESYFED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| 3 EXPENDITURE Unrestricted Funds Charitable Activities: £ Costs Directly Allocated to Charitable Activities: Wages and Salaries (Recharge from Play Radnor) 36,353 Staff Expenses - Staff Training 1,186 Insurances 2,361 Light and Heat 5,186 Repairs and Maintenance 858 Printing, Postage and Stationery 31 Promotion and Publicity 60 Telephone and Internet 284 Computer and Software 576 Vehicle Expenses 1,514 Legal and Professional 439 Payroll Fees 726 Bank Charges 101 Cleaning and Waste Disposal 484 Toys, Equipment and Play Resources 2,605 Activities and Events 4,497 General Running Costs 1,317 Subscriptions and Licences 521 Depreciation - Transfer of Grant to Play Radnor - Recharge of Costs from Play Radnor - Recharge of Governance Costs from Play Radnor 2,880 Total Expenditure 61,979 Analysis of Governance Costs: Accountancy understated previous years 480 Accountancy 2,100 Independent Examiner’s Fee 300 2,880 |
Restricted Funds £ 39,644 63 - - - 6,134 112 - - - 45 - - - - 7,110 3,562 - - 1,296 - - - 57,966 - - - - |
Total Funds Year Ended 31/3/2024 £ 75,997 63 1,186 2,361 5,186 6,992 143 60 284 576 1,559 439 726 101 484 9,715 8,059 1,317 521 1,296 - - 2,880 119,945 480 2,100 300 2,880 |
Total Funds Year Ended 31/3/2023 £ 44,727 115 - - - 2,561 7 - - - 766 - - - - 6,307 634 462 118 372 12,168 8,225 600 |
|---|---|---|---|
| 77,062 | |||
| - 300 300 |
|||
| 600 |
| 4 TRANSFER BETWEEN FUNDS The Transfer Between Funds In The Year Are: Transfer of Core costs from Unrestricted Funds to Restricted Funds |
Unrestricted Funds £ 16,956 16,956 |
Restricted Funds £ (16,956) |
|---|---|---|
| (16,956) |
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PLAY RADNOR / CHWARAE MAESYFED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| 5 TANGIBLE ASSETS Cost or Revaluation At 1 April 2023 Additions Disposals At 31 March 2024 Depreciation At 1 April 2023 Charge for the year On Disposal At 31 March 2024 Net Book Value At 31 March 2024 At 31 March 2023 6 DEBTORS Other Debtors Prepayments Recharge of Costs to Play Radnor Amount Due from Play Radnor 7 CREDITORS: Amounts falling due within one year Other Creditors Accruals Tax and Social Security Costs Amount Owed to Play Radnor |
Equipment, Fixtures and Fittings £ 1,859 4,623 - 6,482 442 1,296 - 1,738 4,744 1,417 2024 £ 29 2,050 13,056 - 15,135 2024 £ 162 2,400 - 18,621 21,183 |
Total £ 1,859 4,623 - |
|---|---|---|
6,482 |
||
442 1,296 - |
||
1,738 |
||
4,744 |
||
1,417 |
||
2023 £ 3,270 - - - |
||
3,270 |
||
2023 £ - - - 18,025 |
||
18,025 |
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PLAY RADNOR / CHWARAE MAESYFED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| 8 UNRESTRICTED FUNDS Unrestricted Funds: General Funds Total Unrestricted Funds 9 RESTRICTED FUNDS Restricted Income Funds: Community Cohesion Llandrindod Bibs Mud and Sticks Arts Club Inside Out Toy Library Oakdale Trust Dering Lines Trusthouse Local Places For Nature Lantern Workshop Healthy Eating Workshops Welsh Water Screwfix Community Postcode Mud and Sticks Pobl Toy Library BUPA Green National Grid Restricted Capital Funds: Picnic Bench Picnic Benches (AWPO) Storage Container (Mud and Sticks) Firedoors (National Grid) Water Rill (Community Postcode) Total Restricted Funds |
At 1/4/2023 £ - - At 1/4/2023 £ 590 1,052 8,693 4,427 2,248 183 364 - - - - - - - - - - - - 17,557 210 1,207 - - - 1,417 18,974 |
Income £ 36,659 36,659 Income £ - - - - - - - - 28,000 94 49 8,590 500 5,000 24,250 9,782 1,023 1,881 6,922 86,091 - - - - - - 86,091 |
Expenditure £ (61,979) (61,979) Expenditure £ - (386) (5,203) (2,820) (1,158) (20) (201) (514) (28,240) (195) - (4,342) (459) (1,641) (7,304) (801) (756) (1,850) (780) (56,670) (70) (302) (619) (154) (151) (1,296) (57,966) |
Transfers £ 16,956 16,956 Transfers £ - (100) (2,975) (1,607) (1,090) - - 514 240 101 (49) (2,350) - - (8,156) (5,336) - - (771) (21,579) - - 3,096 771 756 4,623 (16,956) |
At 31/3/2024 £ (8,364) |
|---|---|---|---|---|---|
(8,364) |
|||||
At 31/3/2024 £ 590 566 515 - - 163 163 - - - - 1,898 41 3,359 8,790 3,645 267 31 5,371 |
|||||
25,399 |
|||||
140 905 2,477 617 605 |
|||||
4,744 |
|||||
30,143 |
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PLAY RADNOR / CHWARAE MAESYFED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
The purposes of Restricted Income Funds are:
Community Cohesion - intergenerational projects.
Llandrindod Bibs - infant feeding group, supported by Play Radnor.
Mud and Sticks – 3 year funding of outdoor project for children ages 0-5 and their parents/carers.
Arts Club - to provide a wide range of visual arts opportunities for children and young people in Powys.
Inside Out - project for children aged 0-5 and their parents/carers to encourage increased outdoor play.
Toy Library – low cost lending service of toys and equipment for parents/carers in Powys.
Oakdale Trust – funding for raised beds and planting for outside space.
Army Welfare - to provide play opportunities at Dering Lines Army Camp.
Trusthouse Charitable Foundation – contributions towards running costs of the Play Hub for 3 years.
Local Places For Nature – funding to build a pergola, new path, seating and planters to improve the outdoor spaces at the Play Hub. Part transferred to Play Radnor.
Lantern Workshop – funding for the delivery of lantern making workshops.
Healthy Eating Workshop - funding to offer children and young people of all ages opportunities to prepare, cook and eat food together.
Welsh Water - funding for the fitting of a new outdoor wooden gate..
Screwfix - funding for improvements to the old office and art room.
Community Postcode Lottery - Funding for twice weekly outdoor Wildcraft project for children aged 4-12yrs.
Mud and Sticks (2) - funding for a weekly outdoor group for children aged 0-5 and their parent/carers.
Pobl Toy Library - funding for new resources and equipment for our toy library.
BUPA Green – funding for the pizza oven, shelter, additional planting and living wall.
National Grid - Funding for energy saving measures, including renewal of electric consumer unit, energy efficient lighting and new double glazed entrance doors.
10 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted Funds Restricted Funds |
Tangible Fixed Assets £ - 4,744 4,744 |
Net Current Assets £ (8,364) 25,399 17,035 |
Total £ (8,364) 30,143 |
|---|---|---|---|
21,779 |
11 TRUSTEES REMUNERATION AND EXPENSES
No Trustees were reimbursed in the year for costs incurred in attending meetings and expenses incurred for volunteer work (2023 - £Nil). No costs were incurred in the year for meetings of the Executive Committee (2023 - Nil).
No Trustees were employed in the year. No other Trustee or any person connected with them has received or is due to receive any remuneration for the period directly or indirectly from the charity’s funds.
12 TAXATION
Play Radnor / Chwarae Maesyfed is a registered charity and is therefore not liable to taxation.
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