REGISTERED COMPANY NUMBER: CE022427 (England and Wales) REGISTERED CHARITY NUMBER: 1190286 ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Pla On CIO
Pla On CIO Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements 10 lo 16
Pla in On CIO ort of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Playing ON promotes social inclusion by supportlng those who are, or are at risk of becomlng. socially excluded, helping them to integrate into society by providing opportunities to share their stories, ideas, emotions and experiences through theatre, and by advancing public education and appreciation of the arts. Publlc beneflt The Iruslees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit when planning and delivering the charity's activities. EDUCATION We delivered Uni Connecl-funded goal-setting workshops at Bromley and Lewisham FE colleges. supporting students at risk of social exclusion to explore career pathways in the arts and higher education. Visits to Goldsmiths University helped them raise aspirations, build self-belief, and share their ambitions in a supportive environment. Positive feedback has led lo plans for further workshops next year DERBY PLUS ONE We launched a partnership with Derby Theatre's Plus One youth theatre for care-experienced young people, devising a creative response to Wonder Boy by Care-experienced writer Ross Willis. This programme helped participants explore their stories and emotions while developing perfonrance skills. 11 also opened dialogue with Derby City Council's "Slaying Close. team. laying the groundwork for future Raising the Roof programmes supporting care leavers. FLOCK Our national lour of Flock by Lin Coghlan reached audiences in Bath, Derby, Salford. Oxford and Soho Theatre in London, combining performance5 with engagement workshops and post-show discussions. The tour inspired care-experienced young people lo share their perspectives and connected us with new partners. including Wallham Forest social services. who have provided majority funding for our next Raising the Roof pr(¥Jramme. Page 1
Pla On CIO ort of the Truslees for th Y ar Ended 31 March 2025 OBJECTIVES AND ACTIVITIES RAISING THE ROOF We expanded Raising the Ri)of for care-experienced young people, hosting a roundtable at Goldsmiths University to strengthen sector networks and delivering taster sessions in social care houses. We partnered with Wallham Forest Council's "Future Fomied" programme and secured £3,000 from a private donor to deliver future workshops, including a planned sharing al Soho Theatre Wallhamslow. ARTISTIC LICENCE We delivered our first Artistic Licence programme al Cafford PIPE Approved Premises. working with residents leaving long-term prison sentences and the staff supporting them. Through collaborative drama-making, participants created detailed performances about real-life challenges. The programme received praise from HMPPS Innovation Fund managers and secured a further £10,000 booking lo deliver Artistic Licence at High Down Prison. DRILLING DIAMONDS Our Drilling Diamonds workshops in schools and colleges supported students at risk of exclusion lo build communication, teamwork and creative problern-solving skills. Using drama and film, they explored conflict, expressed their emotions safely. and rè-enga9ed with learning, helping them reconnect with education and society. TRUSTEES Our trustees played a central role in guiding the charity. contributing their expertise and oversight lo ensure we remain sustainable and accountable. Early on in our year we were deli9hted lo welcome back long-standing supporter Nigel G¢Jdfrey lo lead our annual strategy away day at the Brady Arts Cenlre. We also welcomed three new trustees. Jacqueline Hammond, Susan Edwards and Claudia Cheung. Page 2
Pla On CIO ort of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMANCE Charitable artiviti9S This year marked a pivotal moment for Playing ON, with major milestones that have transformed both our organisational capacity and the scale of our impact. We were awarded £200,000 from the City Bridge Foundation to dellver our Raising the Roof programme over five years with London teenagers al risk of suicide. This significant investment recognised the life-changing outcomes of our work and will enable us to deepen our partnership with Social Care London and build stronger relationships with local councils, including Bromley, Croydon and Wallham Forest. 11 positions us lo reach mort care-experienced young people and those on the edge of social exclusion. offering them the chance to build confidence, develop their voices, and feel part of society through theatre. The most profound change for the organisation has been that this funding enabled us to offer full time salaries lo our two core staff, Jim and Rhian, for the first time in Playing ON'S history. This achievement is testament to the vision. hard work and rigour of our board, and it has provided the stability and capacity we need to build a sustainable future for the charity. We also secured £120.000 from the Department for Education's SAFE Taskforce to relaunch our Drilling Diamonds programme, which uses drama to support teenagers at risk of exclusion and involvement in violence. After months of persistence, our delerminalion paid off. We recruited a highly experienced drama educator from Lewisham College to lead on recruitment and retention, and delivered a hvo-day training for a newly expanded pool of associate artists. We contracted three pairs of facilitators to deliver the first programmes, which will be C4)mpleted by April 2025. These developments mark a slep change in our growth.. we are now building teams around our programmes, increasing our turnover, and extending our reach while slaying true to our mission of using theatre to bring marginalised voices inlo the heart of society. FINANCIAL REVIEW Financial position During the year, the CIO received £214,831 {2024- £84,741 } of income and incurred expenses of £187.97412024.' £82,252) leaving a net surplus of £26,85712024.' £2.489}. The reserves balance at Ihg end of the year is represented by unrestricted reserves of £25,402 and restricted reserves of £23,315. Page 3
Pla in On CIO Re ort of the Trustees for the Y 1 March 2025 FINANCIAL REVIEW Reserves policy Our reserves policy requires us lo have between 3-6 months core costs. This enables us to.. al close the organisation should the board decide il is no longer viable. bl Manage unforeseen day lo day operational costs. c) Guard against grant income not being renewed. d} Cover short term deficits in a cash budget where lickel income or grant funding is received after the activity, and the associated spend. The charity holds between £25,000 and £30.000 at any one time. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is constituted as a Charitable Incorporated Organisation and is registered with the Charity Commission for England and Wales. The Charity is governed by the Foundation model constitution. Re¢ruitment and appointment of new trustees Trustees are appointed by the existing board following interview, observation at a board meeting, and a majority vote al a properly convened meeting. Doclslon making The trustees review major risks at quartedy board meetings, including funding reliance, safeguarding, governance. and reputational risks. Appropriate policies, training, and financial controls are in place to manage these and protect the charity's people, assets, and reputation. REFERENCE AND ADMINISTRATIVE DETAILS Re9lStered Company number CE022427 {England and Wales) Registered Charity number 1190286 Reglstered offic• 5 Hyndewood Inglemere Road London SE23 2BH Page 4
Pla in On CIO ort of the Trustees for the Year Ended 31 March 2025 Trustees Michael Amaning Trustee (resigned 16.1.251 Andrew Fitzroy Alphanso Trustee Nigel Godfrey Trustee (resigned 13.5.241 Edgars Smatovs Trustee Zara Hosany Trustee Nana Yaa Osei-Asibey Trustee Paul Addicott Trustee {re5igned 22.4.241 Lisa Stubbs Chair Cheung Ho Yi {appoinled 10.7.251 Susan Jane Oliver Edwards Trustee {appoinled 2.10.24} Approved by order of the board of Iruslees on behalf by- F/L.I ..... ................... and signed on its ustee Page 5
Inde Pla endent Examine$ Re in On CIO rt to the Trustees of Indepèndent examiner's report to the trustees of Playing On CIO {'tho Company'l I report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Rè$pon5ibilities and basis of rgport As the charity's truslees of the Company land also its dlreclors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 2006 {'the 2006 Act'}. Having satisfied myself that the accounts of the Company are not requirèd to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In canying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ib) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act.. or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financi81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 lo be reached. Saiiad Jaffer FCCA ACCA 0611112025 Date.. Page 6
Pla in On CIO Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 26,205 120,851 147.056 48.588 Charitable activities Sales - services 6,310 61,400 67,710 36,128 Other income 65 65 25 Total 32,580 182,251 214,831 84,741 EXPENDITURE ON Charltable actlvltles Services 20,369 167,605 187,974 82,252 NET INCOME 12,211 14,646 26,857 2.489 Transfers between funds Net movement In funds 10.120 16,737 26,857 2,489 RECONCILIATION OF FUNDS Total funds brought for•4ard 15.283 6.577 21,860 19,371 TOTAL FUNDS CARRIED FORWARD 25,403 23,314 48.717 21,860 The notes form part of these financial statements Page 7
Pla in On CIO Balance She 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Notes CURRENT ASSETS Debtors Cash at bank 30,000 5,052 30.000 23,820 16,212 43,315 35,052 43,315 78,367 40,032 CREDITORS Amounts falling due within one year 19,6501 (20,0001 {29,650} 118,1721 NET CURRENT ASSETS 25,402 23,315 48,717 TOTAL ASSETS LESS CURRENT LIABILITIES 25,402 23.315 48,717 21,860 NET ASSETSI(LIABILITIES} 25,402 23.315 48,717 21,860 FUNDS Unrestricted funds Restricted funds 10 25,402 23,315 15,283 6,577 TOTAL FUNDS 48,717 21,860 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial slalements for Ihe year ended 31 March 2025 in accordance with Section 476 of Ihe Companies Act 2006. The tru51ees acknowledge their responsibilities for {al ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 ofthe Companies Act 2006 and (bl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Acl 2006 relating to financial statements. so far as applicable to the charitable company. The noles form part of these financial statements Page 8 continued...
Pla in On CIO Balance Sheet - contin 31 March 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and aulhorised for issue on and were signed on its behalf by.. j (Ildfv Lisa Stubbs- Trustee The notes form part of these financial statements Page 9
Pla in On CIO Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The finan¢ial statements of the charitable company, which is a public benefit enlity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recornrnended Practice applicable lo charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under Ihe historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, il is probable that the income will be received and the amount can be measured reliably. Expendlturo Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestrirted funds can be used in accordance with the charitable objectives al the dlscretion of the trustees. Restricted funds can only be usad for particular reslricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slatemenls. Page 10 continued...
Pla in On CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Direct Support Costs (see cost515ee note 3) note 41 Totals Services 186,174 1.800 187.974 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.3.25 31.3.24 Cost of SeiCe$ Insurance Telephone Postage and stationery Sundries Travelling costs Computer & Sofvare Slaff Training Subcontractor costs Marketing Subscriptions Rent 12.148 377 3.981 374 84 21 34 2.184 1.037 173 73.115 661 15.683 1,350 624 149,678 1,849 1.121 2,683 186.174 81,003 SUPPORT COSTS Governance costs Finance Totals Services 60 1,740 1.800 Support costs, included in the above, are as follows.. 31.3.25 31.3.24 Total activities Services Bank charges Accountancy fees 60 1.740 49 1,200 1,800 1,249 Page11 continued...
Pla in On CIO Notes to the Financial Statements - ¢onlinued foy the Year Ended 31 March 2025 TRUSTEES. REMUNERATION AND BENEFITS Tru$teo5' expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 105 48,483 48,588 Charitable activities Sales - setvices 27.408 8.720 36,128 Other income 25 25 Total 27,538 57,203 84,741 EXPENDITURE ON Charltable a¢tlvltles Services 19,763 62,489 82,252 NET INCOMEI(EXPENDITUREI 7.775 15,2861 2.489 Transfers between funds 2.953 Nel movement In funds 4,822 12,3331 2,489 RECONCILIATION OF FUNDS Total funds brought forward 10,462 8,909 19.371 TOTAL FUNDS CARRIED FORWARD 15,284 6,576 21,860 Page 12 continued...
On CIO Notes lo the Financial Slalemenls - continued for the Year Ended 31 March 2025 OTHER INCOME The other income relates lo bank interest received during the year. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Other debtors 30,000 10.300 13.520 30,000 23,820 CREDITORS: AklOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Accrued expenses Deferred grants 9,650 20,000 18,172 29,650 18,172 10. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.25 Al 1.4.24 Unrestricted funds General fund 15,283 12,210 12,0911 25,402 Restricted funds Under our roof Probation setvices Flock Newham SAFE 6,574 (4,7901 5,237 (2,0911 16.291 1.784 5.240 2.091 16.291 6,577 14,647 2.091 23,315 TOTAL FUNDS 21,860 26,857 48,717 Page 13 continued...
On CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 10. MOVEMENT IN FUNDS . continued Net movement in funds. included in the above are as follows-. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 32,580 {20,3701 12,210 Restrlcted funds Under our roof Probation services Flock Newham SAFE 2,863 23,208 105,580 50,600 {7,6531 {17,9711 (107,6711 34,3091 14,7901 5,237 12,0911 16,291 182,251 167,6041 14,647 TOTAL FUNDS 214 831 187,9741 26,857 Comparatives for movement in funds Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 10,462 7,774 12,9531 15,283 Restrl¢ted funds Under our roof Drilling Diamonds Production Pathways Probalion services 2,774 6,135 2,574 (4,9091 (2,9531 1,226 11,2261 2,953 6,574 TOTAL FUNDS 19,371 2,489 21,860 Page 14 continued...
Pla On CIO Notes lo the Financial Statements conlinL(ed for the Year Ended 31 March 2025 10. MOVEMENT IN FUNDS - ¢ontinued Comparative nel movement in funds. included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 27.538 119,7641 7.774 Restricted funds Under our roof Drilling Diamonds Production Palhways Probation services 21,067 118,4931 14,9091 130,369) 8,717) 2,574 14,9091 12,9531 27,416 8.720 57,203 TOTAL FUNDS 84.741 82,2521 2,489 A current year 12 months and prior year 12 months combined position is as follows.. Nel movement in funds Transfers between funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 10,462 19.984 {5,044} 25.402 Restricted funds Under our roof Drilling Diamonds Production Pathways Probation services Flock Newham SAFE 2,774 6,135 12,216) 14,909) {2.953) 5,240 12,091 } 16,291 1,226 11,2261 2,953 1,784 5.240 2,091 16,291 8,909 9,362 5,044 TOTAL FUNDS 19,371 29,346 48.717 Page 15 continued...
Pla in On CIO Notes I the Financial S181ements continued for the Year Ended 31 March 2025 10. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined nel movement in funds. included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 60,118 140,134} 19,984 Restricted funds Under our roof Drilling Diamonds Production Pathways Probation services Flock Newham SAFE 23,930 126,1461 14,9091 130,3691 126,688) (107.671 } 34,3091 {2,2161 (4,9091 (2,9531 5,240 12,091) 16,291 27.416 31,928 105,580 50.600 239,454 230 092) 9.362 TOTAL FUNDS 299,572 270,2261 29,346 11. RELATED PARTY DISCLOSURES During the year, Mrs Alice Selwyn, who is the wife of the CEO, Mr Jim Pope, was paid £600 for work done during the year with th8 approval of the board. Page 16