Registered Charity No: 286898
REPORT AND ACCOUNTS
for the annual financial
eriod ended
31st De￿rnber 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 reP￿t al￿ ¥¥*h ts extan*ty financol *atements
of the ¢haiity fort￿ 12 monlh Feric¢J endad 31st C*emt*r. 2025 The finanMJ statem
teen We￿red In t£corda￿e with the ￿0X1nbng set tyjt on pate 10 and the
RepNbry ty C*aiit
CONSTfruTION AMU OWECTS
ComM￿￿)n on 22rKJ April, 1983 urth charty rAprter 286898 It ty a c￿U
IB8t UFxJated cn 8th Nwiter, 1991.
The ows otthe charty are the prwsm of chlkJea￿ knlitie4 yOLth
tm1￿9 ts under 18 yew oka dthe S¢CnehC￿e arga of PtymoLrth
ORGAIIISATKIN
Set page 2
Th& 8oard clTrustees aims lo er6ure that its mewoership ts appropnate to the*ryk chanii,
aThJ that arty nth¥tftJst￿ lo Ihe Boarf's dwsity, thlls and eyr*nce
OWECTNES, ACTp4m&8, ACHIEVEMENTS AIID PERFORMANCE
The truths ¢x¥fflrm that IW haNe re￿rred to the corrtained in Charity cL￿MISs￿,8
ger*r￿ guxlartt ￿ PUL￿￿ t￿efft rw*Mng thanvs &ms and ob￿￿￿e9 ar¥J in plannirwJ
RISK MANAGÉMENT
Iru8tee8 e￿Mkn￿l thg mJ&y stratvJ4 txwiress aThl ¢JP8r*knal ngk8 the chai6ty
faces a￿) ¢￿fi￿n that Wem8 hav8 t•en eslat45hed that Q￿ble reguLqr r•kYIts lo bo pYc¥thK•d
go that the ne￿$¥ry steps can lalwi to lesw r*
IMVE8TMeNT PQLICY
It is the of the thaity to maintain unrestrKted INJuhl fiJn(* SU￿e￿ to enatle rt lo meet
rt8 ty lo thy njinlng ¢05t8 fc( appr￿'Matefy tlweè ft￿nt
TRUSTEU. RESPONSIBILITIES
Tn&ees are resFonsibk for preparirg an annLo1 rw and fin8nc*l statements in ￿￿darl￿
State[r￿lS for each financwl year￿￿ a true aNJ lairTrrithy ol the chaws slale Claff￿r$
durir•J fjnarrAal and cl its finarrthl al Ihe eTrJ d the pervyj.
In pr￿rry tPxEe arAx)unts, the trustÈès are reqwed to
I surtab* act￿nt￿d arKI tkn apwy C¥MdSt￿,
Ixacbce ￿ teen folltyve(15uW to ary ¢Jepartwes disck6ed and In the
financHI siatements. and
-pYepare Il* finarrial stalen￿ts on Ihe bx unte8s it 1$ Inappffryxith
lo prev4JTh* that the c￿nty ccfrtinut In trANne88.
reascnat4e ￿c￿raCY at any time the financial the chanty and lo enat4e them lo
erroure that thè fin*Kial 5talemerts ¢x)mpty *ith the Ch￿l￿eS Act 2011 ar¥J the Chaity
{Ac¢xJunts aThY Repxisl Regul*i¢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 aCts￿leS
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 Ha￿1
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
AM￿nts 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 t*1 pryred under Ihe histortsl (x)st conventlon and cn an Accruats basis. In
accordance with the Ststement of ReCoMrrw￿ed Pract￿e{2W,thQ Flnanclal Standard for Smaller Entities
{effe¢tlve JanLHry 2011) and the Charltkn Act Xll1.
Voluntary I￿Or
Negligible amounts of voluntary [n¢r￿0 is received by way of (kThtior6 arKI Is included in ful5 rt the Statement of
Financial ActI￿lieS recerrdbte. of services wwded by volurrteers has ncl been I￿lUded.
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 r￿e1Vable or generated for the
oblects of the charity vAthout further specif*d wrpose and are available for use as general funds at the
discretion of Ihe twstees in furtherance of the ger￿8[ ObJeC￿Ve5 of the charity.
Designated Funds
Deslgnated funds are unrestricted lunds ￿￿ked by th8 cornmitteè for particular purFk￿e.
Reslrlcted FurKIs
Restricted funds are to be us*1 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 Ca￿11￿1 at cost. tt Is pjly to caFxtsllse ass* costsng less than £150.
For valuatth purposes, dewrtlatlon is calculaw at the folkwMryJ ann￿1 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 L*sis.
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 D*4nber. 2(Y25
INCOMING RESOURCES FROM ACTivrriES TO FURThER THE CHARrrYs OBJECTS
31112rA25
31112W24
Earrnd Inco
PPYC Salarieslhxlmln (R￿harg•s)
PYS So18ri08 /(R￿rge$}
Rat¢s Recharge8
Donats"ons
Nel Inlere6tnnVest￿ IrK¢m
16,497
35370
16A97
36.370
20.552
35,434
201
127
127
227
81,594
81.694
1(￿.892
O. CURRENT ASSEfs." Invellments
31112r￿4
Total
T(rtal
Lblad UK In￿$t￿ent
Shares held 01101r25
Addiknons
DIsF*Jsals
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 D￿nter. 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 F￿8
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
Add￿Onal 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 Dèc*mb•r. 2025
Accumulated Depreciatlon
Brought FoTrvard
Charge for thg Pgriod
Fulty Depreclated
As gt 31st December, 21r25
Net 8ook Value.,
at 31st Decem￿r, 2￿25
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¢ Cr￿610
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 f￿ad #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
In￿1￿j (Wing
AI 01101r2s Resourcts R•sources Tran*f•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