2025-03-31-accounts - Play Radnor / Chwarae Maesyfed

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity Number: 1187418

PLAY RADNOR / CHWARAE MAESYFED

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

PLAY RADNOR / CHWARAE MAESYFED ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

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 2025

The Trustees present their report, together with the Financial Statements of the Charity for the year ended 31 March 2025.

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

The Trustees are pleased to report that 2024/25 has seen an increase in projects facilitated by Play Radnor/Chwarae Maesyfed, building users, and staff members.

We have a number of core projects that have been running for several years and provide free support and play opportunities to local families. Our regular activities during this year included:

THUMBS Up Club (TUP) - Thumbs Up Club continues to provide inclusive play opportunities for children with additional needs. The group has been successfully led by Jan Bufton, with funding from Moondance supporting delivery during the year. Further funding will be sought to secure the long-term future of the project. We intend for the project to run for 45 weeks per year rather than term-time only. Four additional sessions were delivered during the summer period, all of which were well attended and positively received.

We were also delighted that a member of the teenage group completed a sponsored run, raising £525 for TUP.

Mud and Sticks - This outdoor project, delivered on land provided by Powys County Council, has continued throughout the year, with attendance varying depending on weather conditions. The project is led by Ruth Joiner, supported by Mei. Together they have successfully established Mud and Sticks as a firm favourite among many parents and children. Funding from the Toyota Community Fund has enabled this project to continue.

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 parent volunteers and is very well attended.

New Activities:

Messy Play - We received funding to begin a new three-year project to deliver fortnightly messy play sessions from January 2025, providing a range of sensory play opportunities for children aged zero to five and their parent carers.

Volunteer Coordinator - Funding from WCVA enabled us to appoint a Volunteer Coordinator. Sophie Bridson was recruited to the post, and the project aims to recruit 15 volunteers over the year-long funding period.

Wildcraft - Funded by the Postcode Lottery Community Fund, the Wildcraft project delivered outdoor sessions designed to engage children and young people with nature. Activities included den building, campfire cooking, basic woodworking, gardening, and growing. The project concluded in autumn 2024.

Healthy Eating/Cooking Club - Funding from Principality Building Society supported the delivery of healthy cooking sessions for children, young people, and adults over a 12-month period. This project has now ended, and all reporting has been completed.

Summer Activities - We were fortunate to receive funding from Community Foundation Wales – Nourish the Nation. This grant enabled us to provide 53 play sessions across 24 locations in Powys. These had a focus on physical activity and emotional wellbeing, which was reflected in our monitoring. We also provided a healthy snack and drink, usually fruit and water.

We also delivered five play sessions on behalf of Powys County Council in Llandrindod Wells, Hay-on-Wye, Rhayader, Llanwrtyd Wells, and Llandrindod Wells.

An additional eight sessions were provided in Glasbury, funded by the Community Council and local fundraising efforts.

We also worked with Laurie (Brecknock Play) and Brecon Army Camp to deliver nine sessions for children and young people whose families were military personnel or worked on the Dering Lines Army Camp.

We facilitated a children’s play area at the Royal Welsh Spring Show in May. This took place over two days and provided fun for over 100 children each day.

PlayHub:

The new facilities have been well used throughout the year, both by the organisation and by new and existing hirers. The old front door was replaced with a new double-glazed version, alongside new blinds in the old kitchen, hall, small meeting room, and office. New sensor lights were fitted outside for the winter. The electrician also replaced the old consumer unit, fitted new energy- efficient lighting in the old foyer and small meeting room, and upgraded bulbs in the main hall.

PLAY RADNOR / CHWARAE MAESYFED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Mums Matter continued to use the main hall for peer support sessions and booked the hall and meeting room in January 2025 for the delivery of training sessions running for seven weeks. We received a steady stream of party bookings throughout the year.

Powys County Council booked the kitchen and meeting room in November and December for weekly sessions over a six-week period.

The NHS (Get Cooking) programme also booked seven sessions over December 2024 and January 2025, using the kitchen and meeting room.

Warm Space

Funding from Powys County Council allowed us to open our hall and meeting room as a Warm Space for anyone needing a heated environment with access to Wi-Fi. We provided hot drinks, biscuits, and a lunchtime snack. This project ran from December 2024 to March 2025.

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:

Powys County Council – Warm Spaces funding
Postcode Lottery Community Fund – Outdoor Project/Wildcraft
Community Foundation Wales – three years’ core funding
Powys Community Endowment – core costs
Prince of Wales’s Charitable Fund – vehicle running costs
WCVA – Volunteer Coordinator
Powys Welsh Church Act Fund
Toyota Community Fund
Moondance
BBC Children in Need

PLANS FOR THE FUTURE

This has been another successful year, with core activities continuing and new projects introduced. Use of the Hub continues to grow, and we plan to expand activities that support both children and parents.

The appointment of a Volunteer Coordinator will strengthen volunteer recruitment, training, and support. Recruiting and retaining staff, particularly playworkers, remains a challenge and reinforces the importance of this role. The charity was awarded the Investors In Volunteers accreditation in April 2024 and this will allow us to ensure our volunteering policies and support are of a high standard and aligned with current best practice.

Funding continues to be a key pressure, with bid writing placing significant demands on management time. As we provide a vital service for children and young people in Radnorshire, increased support from Powys County Council—ideally through an annual core funding award—would enable more stable, long-term planning.

It is encouraging to see increased funding success this year, including new partners and multi-year grants contributing to core costs.

FINANCIAL REVIEW

Total Incoming Resources in the year were £125,985 (2024 - £122,750). Expenditure was £131,041 compared to £119,945 for the previous year. Net expenditure for the year was £5,056 compared to Net income of £2,805 for the previous year. The net movement in funds were net expenditure for Restricted Funds of £4,005 (2024 - net income of £11,169) and net expenditure for Unrestricted Funds of £1,051 (2024 - £8,364) 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 2025 were £Nil (31 March 2024 - £Nil).

PLAY RADNOR / CHWARAE MAESYFED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

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 Lisa Horne 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.

PLAY RADNOR / CHWARAE MAESYFED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

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:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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 20 January 2026 signed on their behalf by:

Owen Griffkin Chair

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 2025, 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 in accordance with the requirements of the Charities Act 2011 (the 2011 Act). The charity’s Trustees consider that an audit is not required for this period under section 144(2) of the 2011 Act and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
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
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:

(1) Which gives us reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the 2011 Act; and
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
(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

20 January 2026

PLAY RADNOR / CHWARAE MAESYFED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

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 5 NET INCOME/(EXPENDITURE) AND NET MOVEMENT IN FUNDS FOR THE YEAR Total Funds Brought Forward Total Funds Carried Forward	Unrestricted Funds £ 471 22,770 5,189 839 29,269 39,736 39,736 (10,467) 9,416 (1,051) (8,364) (9,415)	Restricted Funds £ 500 96,216 - - 96,716 91,305 91,305 5,411 (9,416) (4,005) 30,143 26,138	Total Funds Year Ended 31/3/2025 £ 971 118,986 5,189 839 125,985 131,041 131,041 (5,056) - (5,056) 21,779 16,723	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

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.

PLAY RADNOR / CHWARAE MAESYFED

BALANCE SHEET AT 31 MARCH 2025

FIXED ASSETS Note Tangible Assets 6 CURRENT ASSETS Debtors 7 Cash at Bank and In Hand CURRENT LIABILITIES Creditors Amount Falling Due Within One Year 8 NET CURRENT ASSETS NET ASSETS 11 THE FUNDS OF THE CHARITY Unrestricted Funds 9 Restricted Funds 10 TOTAL FUNDS 11	2025 £ £ 4,366 4,366 4,179 15,606 19,785 (7,428) 12,357 16,723 (9,415) 26,138 16,723	2024 £ £ 4,744 4,744 15,135 23,083 38,218 (21,183) 17,035 21,779 (8,364) 30,143 21,779	2024 £ £ 4,744 4,744 15,135 23,083 38,218 (21,183) 17,035 21,779 (8,364) 30,143 21,779

			21,779
			(8,364) 30,143
			21,779

Approved by the Trustees on 20 January 2026 and signed on their behalf by:

Owen Griffkin Chairman

The notes on pages 8 to 13 form an integral part of these Financial Statements

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

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.

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2 INCOME Donations and Legacies: Donations Income from Charitable Activities: Grants Receivable Play Session Other Trading Activities: Hall and Meeting Room 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 Community Foundation Wales BBC Welsh Water Screwfix Trusthouse Masonic Charitable Trust Pobl Trust GWUK Groundworks Prince of Wales Trust The Woodward Trust National Grid Toyota Charitable Trust WCVA Moondance Foundation Community Benefits King Charles Charitable Fund PAVO British Science Association Credu	Unrestricted Funds £ 471 471 19,900 2,870 22,770 2,650 2,150 389 5,189 150 638 51 839 29,269 Unrestricted Funds £ 3,703 - 6,500 - - - - 5,000 - - - - - - - - - 1,500 2,697 500 - 19,900	Restricted Funds £ 500 500 96,216 - 96,216 - - - - - - - - 96,716 Restricted Funds £ 1,505 - 14,851 25,000 - - 28,000 - - 209 - - - 1,800 14,822 8,750 618 - - - 661 96,216	Total Funds Year Ended 31/3/2025 £ 971 971 116,116 2,870 118,986 2,650 2,150 389 5,189 150 638 51 839 125,985 Year Ended 31/3/2025 £ 5,208 - 21,351 25,000 - - 28,000 5,000 - 209 - - - 1,800 14,822 8,750 618 1,500 2,697 500 661 116,116	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

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3 EXPENDITURE Charitable Activities: Costs Directly Allocated to Charitable Activities: Staff Costs Wages and Salaries (Recharge from Play Radnor) Staff Expenses Staff Training Insurances Light and Heat Repairs and Maintenance Printing, Postage and Stationery Promotion and Publicity Telephone and Internet Computer and Software Vehicle Expenses Legal and Professional Payroll Fees Bank Charges Cleaning and Waste Disposal Toys, Equipment and Play Resources Activities and Events General Running Costs Subscriptions and Licences Depreciation Grants Repaid Recharge of Costs from Play Radnor Governance Costs (See Below) Total Expenditure Analysis of Governance Costs: Accountancy Independent Examiner’s Fee 4 STAFF COSTS Wages and Salaries Staff Pension Costs	Unrestricted Funds £ 18,231 9,793 358 - 513 - 872 30 - - 336 2,073 264 18 60 531 1,058 1,093 40 246 - 222 998 3,000 39,736 2,700 300 3,000	Restricted Funds £ - 69,849 135 312 2,004 1,813 4,552 220 - 431 502 - - 792 - - 4,140 5,030 - - 1,525 - - - 91,305 - - -	Total Funds Year Ended 31/3/2025 £ 18,231 79,642 493 312 2,517 1,813 5,424 250 - 431 838 2,073 264 810 60 531 5,198 6,123 40 246 1,525 222 998 3,000 131,041 2,700 300 3,000 2025 £ 18,029 202 18,231	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
				2,580 300
				2,880
				2024 £ - -
				-

Average number of employees

2 -

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5 TRANSFER BETWEEN FUNDS The Transfer Between Funds In The Year Are: Transfer of core funds from Unrestricted Funds to Restricted Funds Transfer of Core costs from Unrestricted Funds to Restricted Funds 6 TANGIBLE ASSETS Cost or Revaluation At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024 7 DEBTORS Other Debtors Prepayments Recharge of Costs to Play Radnor 8 CREDITORS: Amounts falling due within one year Other Creditors Accruals Amount Owed to Play Radnor	Unrestricted Funds £ (1,564) 10,980 9,416 Equipment, Fixtures and Fittings £ 6,482 1,147 7,629 1,738 1,525 3,263 4,366 4,744 2025 £ 2,001 2,178 - 4,179 2025 £ 447 2,700 4,281 7,428	Restricted Funds £ 1,564 (10,980)
		(9,416)
		Total £ 6,482 1,147
		7,629
		1,738 1,525
		3,263
		4,366
		4,744
		2024 £ 29 2,050 13,056
		15,135
		2024 £ 162 2,400 18,621
		21,183

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

9 UNRESTRICTED FUNDS Unrestricted Funds: General Funds Total Unrestricted Funds 10 RESTRICTED FUNDS Restricted Income Funds: Community Cohesion Llandrindod Bibs Mud and Sticks Toy Library Oakdale Trust Trusthouse Healthy Eating Workshops Welsh Water Screwfix Community Postcode Mud and Sticks Pobl Toy Library BUPA Green National Grid VWG Small Grant BBC Children In Need Nourish the Nation Moondance Community Benefits Messy Play PCC (Warm Space) Restricted Capital Funds: Picnic Bench Picnic Benches (AWPO) Storage Container (Mud and Sticks) Firedoors (National Grid) Water Rill (Community Postcode) Pizza Oven (Community Postcode) Total Restricted Funds	At 1/4/2024 £ (8,364) (8,364) At 1/4/2024 £ 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	Income £ 29,269 29,269 Income £ - - - - - 28,000 - - - - 1,800 - 209 - 14,822 25,000 10,000 9,911 618 4,851 1,505 96,716 - - - - - - - 96,716	Expenditure £ (39,736) (39,736) Expenditure £ - (566) (515) (151) (163) (18,420) (898) (41) (2,327) (7,544) (7,009) (267) (240) (2,027) (12,705) (21,031) (8,888) (6,180) (386) (71) (351) (89,780) (70) (302) (619) (154) (151) (229) (1,525) (91,305)	Transfers £ 9,416 9,416 Transfers £ (590) - - (12) - - (500) - (1,032) (1,246) 1,564 - - (3,344) (1,874) - (1,112) - (232) (1,260) (925) (10,563) - - - - - 1,147 1,147 (9,416)	At 31/3/2025 £ (9,415)
					(9,415)
					At 31/3/2025 £ - - - - - 9,580 500 - - - - - - - 243 3,969 - 3,731 - 3,520 229
					21,772
					70 603 1,858 463 454 918
					4,366
					26,138

PLAY RADNOR / CHWARAE MAESYFED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

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 an outdoor project for children ages 0-5 and their parents/carers.

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.

Trusthouse Charitable Foundation – contributions towards running costs of the Play Hub for 3 years.

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 parents/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 an electric consumer unit, energy efficient lighting and new double glazed entrance doors.

VWG Small Grant - funding for volunteer coordinator post.

BBC Children In Need - three year funding for core staffing and running costs.

Nourish the Nation – funding for outreach play ranger sessions.

Moondance – funding for TUP sessions.

Community Benefits – funding for numeracy improvement events at the Play Hub.

Messy Play – three year funding for fortnightly messy play sessions.

PCC (Warm Space) - funding to provide a warm space for the local community.

10 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted Funds Restricted Funds	Tangible Fixed Assets £ - 4,366 4,366	Net Current Assets £ (9,415) 21,772 12,357	Total £ (9,415) 26,138
			16,723

11 TRUSTEES REMUNERATION AND EXPENSES

No Trustees were reimbursed in the year for costs incurred in attending meetings and expenses incurred for volunteer work (2024 - £Nil). No costs were incurred in the year for meetings of the Executive Committee (2024 - 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.