Thurrock Play Network Charity number 296428 Annual report to December 2022 Unaudited accounts to March 2021- 2022 Charity address: The Pyramid Resource Centre Heath Road Grays RM16 4XH 01375387738 info@thurrockplaynetwork.eo.uk Accountants Kim Hooper Chartered accountant 132, AdmiralsTowers 8 Dowells Street Greenwich SEIO 9GE Annual Report Thurrock Play Networkwas set up as a charity in 2000. The charity is managed by a Board of elected trustees and co-opted committee members. Trustees Andrea Bull Aileen Burgess David Hender50n Margaret Henderson Teresa O'Keeffe Maggie Pollock Andrew Cole - Secretary Sylvia Yates - Chairperson Co-opted members Peter Saunders Objertives and activities Thurrock Play Network offers independent advice. support and resources for play and recreation in the community. We support the local community of Thurrock and surrounding area to provide activities and play opportunities for our families, that are affordable and inelusive. • We encourage creative activities, using scrap materials and reducing the amount that goes to landfill We support community events, providing activities that are free to all • We welcome volunteers to Celebrate, support and develop their existing skills or help develop new ones. building their confidence We run free activities for children and their families to enjoy • We encourage local businesses to reduce the amount that they send to landfill and which can be reused in our scrap store We sUPPOrt children in providing ideas and materials for their homework projects We provide our members, who might be individuals, voluntary or statutory groups with affordable xrap materials to encourage their creativity and reuse. Achievements and performances After all the uncertainty around the pandemic and not being able to run ourcharity as we would like. it has been a very successful yeor. We have seen an increase in the quantity and quality of donations made to us. both private individual contributions and an increase in the number of companies who make regular donations to us, preventing unwanted goods ending up at landfill. Between July and September, we received over 1.4 tonnes of scrap. Thi5 increased in the final quarter of the year to just over 2 tonnes. Our recovery has been slow, but like the phoenix rising from the ashes. everything is getting back on traek. We have gradually been able to build up the number of events I workshops that we have been able to run for the local community. All have been run by volunteers happy to share their arnazing ski115. Our once-a-month events from a fabric sale, yard sales, toy fair have generated excellent income and we are grateful to staff and volunteers who have worked so hard to make these happen. Thurrock Play Network now has a merry band of 20 volunteers, working alongside staff, all happy to give up some of their time on a regular basis and ensure that the Centre can run smoothly, arranging events, dealing With social media, either sortin& doing paperwork, making up packs, cleaning- nothing is too much. Our rnembership ha5 increased and we are pleased that we have been able to keep our subscription rates at the sarne level. at a time when r>)any people are being hit by the cost- of-living increase and recycling is even more important in stretching the family budget. Through networking, we have been able to develop some excellent partnership5, which we hope will enhance the way forward for us at a time when the future of many organisations is in jeopardv. Whether creattve or activity related play, it is wonderful to be able to offer opportunities again and to be able to watch ehildren and families have fun. We would like to express our thanks to Thurrock Council for continuing our grant for another year, for United Ways for their grant which has enabled us to replace our rather antiquated cutting machine. to The Co-operative stores for their financial support, IKEA for their regular contributions. Sainsburys, Morrisons and many other local businesses, not least our members who continue t0 5UPPOrt US. Planning ahead We have made great inroads into achieving the targets that we set ourselves last year particularly in increasing our volunteer workforce but we have a long way to go to secure the future forTPN. We need to: Work with other organisations to submit joint fundinE applications Set up a fund ing group to be responsible for identifying possible sources of fund in8 either financial or in kind Research ways in which we can increase our income to become more sustainable. Improve lines of communication Look at outreach activities for hard-to-reach groups Develop good support mechani5rns for our volunteers to help develop their skills Develop further as a key community source, particularly around physical and emotional well-being, encouraging play and creative opportunities Risk Management We are dependant on obtaininggrantf and donations for our survival. With manyfunding organisations being overwhelmed with applications, this next year is going be tough. It is beeoming more difficult to secure resources for the long term. Vandalism and antl-50cial behaviour have both become a serious local issue. The defib machine situated outside our main door has been damaged and has had to be moved to Safer environment. The CCTV camera system, which was installed to protect the defib and the safety of ourstaff and local community has also been destroyed. Health and Safety are paramount to us although incidents have been reported to the police, we are not aware that any action has been taken. Ever es¢alating overheads need to be built into ourprojected budgets and any possible support identified. Reserves pollcy We continue to hold an amount in account which gives us a yearfs running costs should our grants cease. This is held in a Charities investment account ICOIFI which over the last couple of years has made little interest. This is just beginning to pick up Ègain as interest rates rise. Flnanclal revlew Our financial situation has stabilised slightly with a notable increased income f rom sales and aetivities. Heavily subsidised business rates have helped and careful monitoring of expenditure by the trustees has paid off. The attached accounts do not show a breakdown of activity income, just a summary of activities, which is all the Charities Commission require, but this will be made available to members at the AGM. Signed S D Yates Chair Thurrock Play Nelwork Statement of Financial Activitles for the year ended 31 March 2022 2022 2021 Restrlcte Unrestricte( Totsl Total Notes Incoming Resources Grants rereivable DonalKnS 34.970 1,533 21,854 34,970 1,533 21.854 77.530 4,709 1,359 4.116 Craft sales Scrap donations Delivey*s Serwces Activitie5 Hire fees 722 473 1.144 22.001 40 Membershlp Coronavirus JRS Bank dep(st int￿ 2,762 2.762 total Incomiry resources 58.357 2.762 61.119 112.098 Resources axpgndad Dwttt charitabk expenditure eXpend￿vr￿ Fundra6ing and pUbl￿rtY ManaJenEnt and adninistr 51.731 2.762 54.493 85.926 73 1.500 2.524 2.524 total rasources oxpended 54,255 2,762 £57,017 £87,499 Net lTrovement in resources 4,102 4,102 24.599 Transfers be￿ fijnds Total funds brought forward 80,809 80,809 56,210 Total fufH15 carried forward £84,911 £0 £84,911 £80,809 Thurrock Play Neiwork Balance Sheet as at 31 March 2022 Notas 2022 2021 Fixed assets Current assets Str£k 7,146 268 92,147 7,145 2,381 83,917 Debttys and prepayrrEnts Bank and cash baL4nces 99,561 93.443 Liabilitios - amounts talling due within one year Cr&litcrs and accruals 14,650 12.634 Nel current assets 84,911 80,809 Total assets less current liabililies £84,911 80.809 Funds -8,302 81.927 Unr&r￿￿] 84,911 £84.911 80.809 ApprcNèJ by: the nctes on the f￿￿￿Trig pages f(Km part d the* ￿Cl￿jnts Thurrock Play Network Notes to the accounts for the year ended 31 March 2022 1. Accounting policies a) Bags (f acccxjnting i iiebe (l￿)ull[￿ Ilclvit UE¥ll Vl¥Vdieu uliu￿% Lll¥ TII&LiJllidl itjbi wiivtllTrLIVII dilu 111 t2bLUIUilll th appltcable ac(x)unling standards and the Statement of Recomn*nded Pr8Ctice on AccLsunting by Charities (the Charities SORP'I- b) Grants rants arE recognisoa In ine btaienEni OT trinanciai ActIVli￿s IOVfA J on an a￿ruaL$ oasis followng the satisfaction of any pre-LX)ndilions. cl Cthw inccfi D(matlcns fundrai9ng and gffts are recoJnwJ bas& All (ther Inccme s r￿0]ni*l in the accounts an accruaLs ba99 in kj'nd are valu&l at thar value to the chartty. No value 6 asgJn&l to xrap rÉreNed d) Expendljjre Expendthre is an accrua15 bas e) cap￿￿EAt Expendibjre cn refurbthm￿L fvrnt￿re, ffttings and 0]uip￿Ent exce8Js capitali t) Depr￿kat PrCvi9￿ ts depr￿th.(￿ Lf fix8J ath hdd f(r u* by the charty s made at uepreoaiion E provioea ai annual raTes caicui8iea io spre80 Ine cosi OT eacn assei over ￿S expected useful lrfe. The depreciation rdtes cu￿n11Y in use are= Jrntiure and fJiLir 33010 net b(N* vakje EquipnEnt 3F/c net bcx)k value Mc¢or vehicles 330/0 net b(xJk value g} Taxath No taxatson s InC￿d￿l in the aCcI￿nts as the charty is enlided to exempti￿ frcth tsx affordej by s￿ti￿ 505 d the Inco￿ and QTp(ratMJi Taxes Act I hl Cathfb The charty quaI[fi￿ as a snkAII c￿PanY and ni acccydance with FRSI, no cashlknv siatermt ￿ r￿uir 2 Grants Receivable 2022 2021 Restrlcte Unrestric Total Total Thurrttk Cojncil Thurr(£k Council- COVID Thurrc(kCwncl- Contrin&s Lccal Re*￿t￿5 SuPp￿t Grai VSDF Small grant Furtough Busin&s Rats Grant Grant Ew CoThThJnty Fund 31.836 3.134 31,836 3,134 31.812 10,000 20,140 1,334 2,500 2.762 2.762 8,764 2.980 77.530 34,970 2,762 37.732 3 Dlrect Charitable Expanditure 2021 2020 Restrlcte Unrestrict( Total Total Wag￿and saiarE5 Rent and rates PreTllSS CLsts ActivitEs c(&s Depr￿k2 29.330 5,000 32,092 5.000 8,966 8,435 43,902 5,000 1,062 35,962 8.435 51.731 2,762 54.493 85.926 4 Fixed Assets furni￿re motor office equipmen vehlcle flttlng5 cost balance at 1 April 2021 dEpc&Ls add￿￿S 12,747 55,334 38,358 38.358 balan￿ 8t 31 March 2022 £12.747 £55,334 £38,358 £106.939 depreclalion baL4nce at 1 April 2021 d6pc&ls charye the year 12,747 55,334 38,358 38,358 balance at 31 March 2022 £12.747 £55.334 £38.358 106.439 Net book value al 31 March 2022 £0 £0 £0 Nel book value at 1 April 2021 £0 £0 £0 S Deb￿r$ and prepayments 2022 2021 Sundry debtrxs PrepaynpJts 268 2,381 £268 £2.381 6 Creditors and acc￿￿lS 2022 2021 HMRC 3,562 2.200 8,888 £14,650 3,046 2,200 7,388 £12,634 D￿er￿fj InconE Crbjff￿s and Accruals 7 Rostrictsd funds Ncffle cf thefuniis cf the charty are balance movement In fund 1.4.2021 incoming expen*1 31.3.2022 resource tran*rre balanca Grant Ccfflmunty Fund CEDF funding Busntss Ra -270 -3,460 -270 -3,460 4.730 4.730 The purpl￿ (rfthe funds are asfdk Ess8x Cormiunily Fund CEDF funding Grant lo develop the website Repair of Container rooves and Improving accessibility ts 8 Unre5tr1cled funds The incom8 fund of tha chanty consL%ts of the followng". balance movement in ￿nd balanca 1.4.2021 incoming expen￿1 31.3.2022 resource tran*xre Ccntingency fvnd 60,000 60.000 60,000 60.000 I Ir Wl Iliilyfl ikny iull¢J ItJ •￿i￿lI11￿[al￿I¢￿ IIVlil Iiiai ia¥r1l￿t1L allv IIT[TSi¥ai al iu ia IVI WI IITLikniual responsibilities. In the opinion of the member5 of the management committee at 31.3.2022 the main contractural liabilities were.. undancy Le￿ p￿a￿ld Running cc615 T(Xal 47(t() 9 Contingencles and Contracbjal commlknants In the opinion of the Members of the Managernent Committee at 31.3.2022 there were no cnntingent liabilitres and no contractual ¢onymitmeTrts131.3.2021 None) 10 MernbeTr of the Managament Comrnittee Remuneration and Expenses None cfjthe nM*>ers cf the ManagenEnt ccnvn￿tee V*ve remL1n￿atej directy tr Indir￿ty. There was no reimbursement of expenses {31.3.2021 £nil)