NW5 COMMUNITY PLAY PROJECT

Company limited by guarantee

Company Registration Number:
02692292 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

NW5 COMMUNITY PLAY PROJECT

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NW5 COMMUNITY PLAY PROJECT

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The principal purpose of the Charity is to promote the welfare of children and young people up to the age of 25, and their families, living in the London NW5 area, London. This includes the advancement of education and provision of facilities for recreation of the aforementioned inhabitants of the NW5 area.



Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Linda Plummer

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 October 2025

And signed on behalf of the board by:
Name: Linda Plummer
Status: Director

NW5 COMMUNITY PLAY PROJECT

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£
£
Turnover: 207,691 130,067
Cost of sales: ( 134,361 ) ( 179,833 )
Gross profit(or loss): 73,330 (49,766)
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 73,330 (49,766)
Interest receivable and similar income: 173 173
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 73,503 (49,593)
Tax: 0 0
Profit(or loss) for the financial year: 73,503 (49,593)

NW5 COMMUNITY PLAY PROJECT

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 16,154 18,195
Investments:   0 0
Total fixed assets: 16,154 18,195
Current assets
Stocks:   0 0
Debtors: 4 111 8,023
Cash at bank and in hand: 109,258 23,835
Investments:   0 0
Total current assets: 109,369 31,858
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 24,647 ) ( 22,680 )
Net current assets (liabilities): 84,722 9,178
Total assets less current liabilities: 100,876 27,373
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 100,876 27,373
Members' funds
Profit and loss account: 100,876 27,373
Total members' funds: 100,876 27,373

The notes form part of these financial statements

NW5 COMMUNITY PLAY PROJECT

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 October 2025
and signed on behalf of the board by:

Name: Linda Plummer
Status: Director

The notes form part of these financial statements

NW5 COMMUNITY PLAY PROJECT

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives on the following bases: Computer equipment 25% Straight Line Basis Play equipment 10% Straight Line Basis Building refurbishment 10% Straight Line Basis

    Other accounting policies

    Under the Memorandum and Articles of Association the Charity has the power to make any investment which the Trustees deem fit. The Trustees have resolved only to invest reserves in business reserve bank accounts or similar and not to put money into stocks or shares or any other investment where there is a risk of the value of that investment diminishing. Investment Powers - The charity owns its centre (“The Playhut“) and all the facilities in the centre, and the structures and other facilities on the site. The details of fixed assets are explained in the notes to the financial statements. The NW5 Project also manages the local sports pitch.

NW5 COMMUNITY PLAY PROJECT

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 15 15

NW5 COMMUNITY PLAY PROJECT

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 82,442 1,813 84,255
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 82,442 1,813 84,255
Depreciation
At 1 April 2024 64,247 1,813 66,060
Charge for year 2,041 0 2,041
On disposals
Other adjustments
At 31 March 2025 66,288 1,813 68,101
Net book value
At 31 March 2025 16,154 0 16,154
At 31 March 2024 18,195 0 18,195

NW5 COMMUNITY PLAY PROJECT

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 111 8,023
Total 111 8,023

NW5 COMMUNITY PLAY PROJECT

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 24,647 22,680
Total 24,647 22,680