Registered Charity No: 286898 REPORT AND ACCOUNTS for the annual financial eriod ended 31st Dernber 2025 for Stonehouse Playspace Association
Stonehouse Playspace Association INDEX TO THE FINANCIAL STATEMENTS for the 12 month period ended 31st December, 2025 Page Legal and Administrative Infomiation Report of the Trustees Report of the Independent Examiner Statement of Financial Activities Income and Expenditure Account Balance Sheet Notes Fom)ing Part of the Financiaj Statements 8 to 11
Stonehouse Playspace Association Legal and Administrative Inforniation Charity Name and Number Stonehouse Playspace Association.. registered charity number. 286898 Trustees Adrian Kemp - Secretary Elizabeth Lake Joy Davenport Natalie Harrison Chairperson Adrian Kemp Prln¢lpal Office Stonehouse Playspace Association Plymouth Scrapstore Building, Union Street, Plymouth PL13HB Independent Examlners St Kew Accountancy Ltd. Woodlands Rosehill Penzance TR20 8TE SollGltor6 Foot Anstey Sargent 21 Derrys Cross Plymouth PL1 2SW Bankers National Westminster Bank PLC 14 Old Tovm Street Plymouth PL1 1DG
REPORT OFTHE TRusfEES The trustees present twr rePt al ¥¥h ts extanty financol atements of the ¢haiity fort 12 monlh Feric¢J endad 31st Cemtr. 2025 The finanMJ statem teen Wered In t£cordae with the 0X1nbng set tyjt on pate 10 and the RepNbry ty Caiit CONSTfruTION AMU OWECTS ComM)n on 22rKJ April, 1983 urth charty rAprter 286898 It ty a cU IB8t UFxJated cn 8th Nwiter, 1991. The ows otthe charty are the prwsm of chlkJea knlitie4 yOLth tm19 ts under 18 yew oka dthe S¢CnehCe arga of PtymoLrth ORGAIIISATKIN Set page 2 Th& 8oard clTrustees aims lo er6ure that its mewoership ts appropnate to theryk chanii, aThJ that arty nth¥tftJst lo Ihe Boarf's dwsity, thlls and eyrnce OWECTNES, ACTp4m&8, ACHIEVEMENTS AIID PERFORMANCE The truths ¢x¥fflrm that IW haNe rerred to the corrtained in Charity cLMISs,8 gerr guxlartt PUL tefft rwMng thanvs &ms and obe9 ar¥J in plannirwJ RISK MANAGÉMENT Iru8tee8 eMknl thg mJ&y stratvJ4 txwiress aThl ¢JP8rknal ngk8 the chai6ty faces a) ¢fin that Wem8 hav8 t•en eslat45hed that Qble reguLqr r•kYIts lo bo pYc¥thK•d go that the ne$¥ry steps can lalwi to lesw r IMVE8TMeNT PQLICY It is the of the thaity to maintain unrestrKted INJuhl fiJn( SUe to enatle rt lo meet rt8 ty lo thy njinlng ¢05t8 fc( appr'Matefy tlweè ftnt TRUSTEU. RESPONSIBILITIES Tn&ees are resFonsibk for preparirg an annLo1 rw and fin8ncl statements in darl State[rlS for each financwl year a true aNJ lairTrrithy ol the chaws slale Claffr$ durir•J fjnarrAal and cl its finarrthl al Ihe eTrJ d the pervyj. In prrry tPxEe arAx)unts, the trustÈès are reqwed to I surtab actntd arKI tkn apwy C¥MdSt, Ixacbce teen folltyve(15uW to ary ¢Jepartwes disck6ed and In the financHI siatements. and -pYepare Il finarrial stalents on Ihe bx unte8s it 1$ Inappffryxith lo prev4JTh that the cnty ccfrtinut In trANne88. reascnat4e craCY at any time the financial the chanty and lo enat4e them lo erroure that thè finKial 5talemerts ¢x)mpty ith the ChleS Act 2011 ar¥J the Chaity {Ac¢xJunts aThY Repxisl Reguli¢ns 2008 71yare ajso reswLsiL4e br safyding assets orthe chaiity her trtaking reascfot4e St ts the and d*ctKffi dfrau(J aThJ oth8r Irregu[ Adrw Kem 11 . Ilw, 2026
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Stonehouse Playspace Association ON THE ACCOUNTS FOR THE 12 MONTH PERIOD ENDED 31ST DECEMBER 2025 Res ive Res nsibilitles of Trustees and Examiner The charty's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibllity 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 Commissioner under section 145(5)(b) of the 2011 Act: and . to state whether particular matters have come to my attention. Basis of Inde ndent Examiner's Re My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accountlng 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 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 Irue and fair vithv and the report is limited to those matters set out in the ststement below. Inde dent Examiner's Statement In connection wth my examination, no matter has come to my attention.. • which gives me reasonable cause to believe that, in any material respect, the requirements". (a) to keep accounting records in accordance with section 130 of the 2011 Act,. and (b) 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 . to which. in my opinion. attontion should bo drawn in order to enablo a proper understanding of the accounts to be reached. Mandy Vickery St Kew Accountancy Ltd. Woodlands Ros8hill Penzance TR20 8TE
Statement of Financial Activities includi an Income and iture Account for the 12 month period ended 31st December, 2025 Total Funds 2025 Total Funds 2024 Notss Unrestricted Funds Restricted Funds Incomlng Resources Incoming resources from generating fund8'. Activtties to generate funds Investment Income Incoming resources from charitable aCtsleS other incoming resources 127 81,467 127 81A87 106,665 Total Incoming Resources 81,594 81,694 106,892 Resources Expended Charitable ActNFtie8 Governance Costs ,361 91.361 352 70,944 Total Resources Expended 91.714 91,712 71.283 Net Incoming Resources: r4et movement In Funds -10.120 -10,119 Total Funds at 1st January 2025 56,836 21,226 Internal Transfer of Funds Total Funds at 31st December 2025 46.716 46,716 56.835
Stonehouse Playspace Association Income and Ex enditure Account for the 12 month period ended 31 st December, 2025 01101126 - 31112126 INCOME Donations Eamed Income PPYC Recharges PYS Recharges Rates Recharges Net Interesvlnvestment Income 9.600 16,497 35.370 127 GROSS PROFIT 81,594 EXPENDITURE Salaries HMRC Pensions Administration Insurance Rates Rent Maintenance-Premises Utilities Waste Disposal Transport Refreshmenls Telephonellnternet Professional Fees Miscellaneous Bank Charges 51,168 8,127 2,190 1,021 605 3,406 11,525 1,550 4,115 3,108 378 3,737 419 91,713 NET DEFICITI(SURPLUS) FUNDS FOR THE YEAR -10,119 DEPRECIATION Equipment OPERATING DEFICITI(SURPLUS) FOR THE YEAR -10,119 RETAINED SURPLUS BROUGHT FORWARD 56.835 RETAINED SURPLUS CARRIED FORWARD 46.716
Stonehouse Playspace Association LANCE SHEEf AS AT 31ST DECEMBEFI 2026 Notes 3111212026 3111212024 Ix TarKJSble As8ds 12 CURREN SETS Debtors & Prepayments Shares Cash at Bank & in Ha1 14 11.710 13,805 282 41196 61188 REDIT D ACCRUA Amounts falls due *rythln one year 16 7873 8,804 ET CURRENT ASSETS 46.716 CREDITORS AMnts falling due after one year 16 ASSETS LES CURRENT L 46,716 56,835 Restrfcted Funds Unrestricted Funds 48.716 46,716 ON BEHALF OF THE TRUSTGES: .-SKJned by Trustee Adtian Kemp -Print Name Approved by the Trustees on: Thtay, 2026 IlQt ?Il•Q. LOL6
Stonehouse Playspace A$CIatIOn NOTES TO THE FINANCIAL STATEMEKrs for the 12 month period ended 31st December, 2025 1. AccouMfiNG POUCIES: Accounting convention The firrancral statements fA¥e t1 pryred under Ihe histortsl (x)st conventlon and cn an Accruats basis. In accordance with the Ststement of ReCoMrrwed Practe{2W,thQ Flnanclal Standard for Smaller Entities {effe¢tlve JanLHry 2011) and the Charltkn Act Xll1. Voluntary IOr Negligible amounts of voluntary [n¢r0 is received by way of (kThtior6 arKI Is included in ful5 rt the Statement of Financial ActIlieS recerrdbte. of services wwded by volurrteers has ncl been IlUded. Expenditure Resources expended a rec(xJnised In the perh)d In whkh they are Incur. Resources irKlud& attributsble VAT ¥thich can not Le recovered Unrestrlcted Funds Unrestricted funds are dcffiati, knttlngs irKorr arKI (ther incomlrvJ rewce8 re1Vable or generated for the oblects of the charity vAthout further specifd wrpose and are available for use as general funds at the discretion of Ihe twstees in furtherance of the ger8[ ObJeCVe5 of the charity. Designated Funds Deslgnated funds are unrestricted lunds ked by th8 cornmitteè for particular purFke. Reslrlcted FurKIs Restricted funds are to be us1 for 8peclfic purposes as laid (bJ•m by the d¢)nor. Expendlture which meets these crlterla Is charged to the fund. together vAth a falr all(Xat of management and supwrt costs Tanglble Flxed assets Flxed assets are Ca111 at cost. tt Is pjly to caFxtsllse ass costsng less than £150. For valuatth purposes, dewrtlatlon is calculaw at the folkwMryJ ann1 rates. in older to vKfte off each a88et over its estlrthted useful life Vehlcles F(r¢S and Fittings Equlpment.. 18% on a straight Ilne basis. 18% on a straight line bjsb. 18% on a 8tralght Ilne Lsis. 2. DONATIONS 31112r2025 31112r2f24 General donatlor 3. CURRENT ASSETS: Cash and Bank 31M2fw25 Cash In Hand 31112r2024 Bartk Cash in Hand Generdl Fund- Currw Business Reserve 30.692 11.502 38.1TJ 11.375 42,194
NOTES TO THE FINANCIAL STATEMEPTrts tr 12 rnonlh eFKled 31st D4nber. 2(Y25 INCOMING RESOURCES FROM ACTivrriES TO FURThER THE CHARrrYs OBJECTS 31112rA25 31112W24 Earrnd Inco PPYC Salarieslhxlmln (Rharg•s) PYS So18ri08 /(Rrge$} Rat¢s Recharge8 Donats"ons Nel Inlere6tnnVest IrK¢m 16,497 35370 16A97 36.370 20.552 35,434 201 127 127 227 81,594 81.694 1(.892 O. CURRENT ASSEfs." Invellments 31112r4 Total T(rtal Lblad UK In$tent Shares held 01101r25 Addiknons DIsFJsals Sh81es held 31112r25 282 &TIiANSACTIONS wifH THE TRUSTEES DurlNJ the yoar tho charity dld Thjl rnImbj InMI888' ndlIUro. 7. NET INCOMING RESOURCES FOR THE YEAR Unreslricted Ggnwal 3111¥ 3111¥3Y24 Fund Total Funds Tdal Fur#ts Thls k sla¢ed after clwglNJ: Indopondenl EyamiMf8 Ronwn8r8tk)n O•pro¢lallon 352 362 8. GOVERNANCE COSTS General Fund Restrlcted Fund 31112r2tr16 31112rA)24 Total Funds Tclal Fund6 352 352 9. TRANSACTIONS WITH THE TRUSTEES During the ye81 no 8al8rlesT4¥8re pald b Iwstee 10. STAFF COSTS AND NUMBERS 31M2f2ty25 31112ri)24 Sal8rios and V•vgos RC Pansions 51,168 8.127 2,190 61A84 8.W1 2,218 64.799
Stonehouse Playspace Assoclation NOTES TO THE FINANCIAL STATEMETrrrs for the 12 month Feriod ended 31 st Dnter. Z)25 11. DIRECT CHARITABLE EXPENDITURE Unr•stri¢ted General Restricted 31112r 31112r2024 Fund Fund Total Funds Tthi Funds Salarles HMRC 51,168 8.127 2.1 1.Ir21 51,168 8.127 2.190 1,021 606 3A06 11.525 8,(K)1 2.218 Pensions Administration InsLFTance Rate¥ Rent M8lntenanctrPremis•¥ Utilrties Waste Dws Transport Rofroshments Telephorollntem¢t Professional F8 Mlscellan 8ank Clwges 3,013 10 11.525 4.115 3.108 378 4,115 3.108 378 299 3,737 419 421 3.737 419 91.713 91.713 72.513 AddOnal note: Treatment olthe stsff costs figurés VI• •dlusted to Includ• wxgès for employtts util by PtymoLrth Youth Salllng arKI Princet4>+vn Pavillon Youth Club. 12. ASSETS Equipment Cost Brswght FoNMrd Additions Fulty D•prKlatsd As at 318t Dècmb•r. 2025 Accumulated Depreciatlon Brought FoTrvard Charge for thg Pgriod Fulty Depreclated As gt 31st December, 21r25 Net 8ook Value., at 31st Decemr, 225 Net Book Value: As at 1st January, 2025 13. TAXATION Thg Gharity Is exempt from atron tax on its charitablo xtp4itr•s. 14. OEBTORS AND PREPAYMENTS: Amounts falling due within one year 31112r2tr25 31112r2024 Trade Debtor5 (Rthrges) 11,710 13,805 11,710 13,805 10
stonehouse Playspace Association NOTES TO THE FINANCIAL STATEMEKrs for 12 perlod ended 31st December, 2025 15. CREorroRS AND ACGRUALS: Am(MJnts falliry due wlthln one year.. 31112f2025 3111Y2024 4.197 1283 HMRC Pensions TTad¢ Cr610 ru81s 373 7,473 16. GAPITAL COMMITMEKrs The charlty no 181 commttmèts as at 31st DKomber 2025 or 31st Ck¢eM 2024. 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Q•Mral D•$lwted Restrkied Fund• Fund• Fund• Tolal Fund• Tanglble fad #ss•ts Currènt #ssots Uabillties Nel assets as at 31st Oec¢mbar, W25 54,188 7.473 46,716 64,188 7A73 18. MOVEMENTS IN FUP4DS In1j (Wing AI 01101r2s Resourcts R•sources Tranf•rs 31112r2025 Tolal Rutrlctad Funds Tolal Unr•strlcted Fund 81594 91.713 48,718 Total Funds 66,835 81.594 91.713 46.716 These nrt•s fomi part ofthe Ilnandal ac¢ounts. 11