The Play and Leisure Opportunity Library

Registered number:

08186829

Charity number:

1152202

THE PLAY AND LEISURE OPPORTUNITY LIBRARY

A Company Limited by Guarantee and not having a share capital

REPORT AND UNAUDITED ACCOUNTS

30 November 2025

The Play and Leisure Opportunity Library
Report and Unaudited Financial Statements
Contents




Page

Reference and administrative details	1
Report of the Trustees	2
Trustees Responsibilities in Relation to the Financial Statements	8
Independent examiner's report	9
Statement of financial activities	10
Balance sheet	11
Notes to the financial statements	12

The Play and Leisure Opportunity Library
Reference and administrative details

Charity Name:		The Play and Leisure Opportunity Library


Company Registration No:		08186829


Charity registration No:		1152202


Registered Office:		Forge Fach Community Resource Centre, Clydach, Swansea, SA6 5EJ


Trustees	Chair	Gareth Noble
	Secretary	Eve Dewson
	Treasurer	Deborah Anne Lawrence
		Helen Julia Elizabeth Williams
		Alun David Morgan
		Helen Passey


Independent Examiner:		Ian Bowen LLB FCA, I D Bowen & Co., Chartered Accountants
		19 Alexandra Road, Gorseinon, Swansea, SA4 4NW


Bankers:		CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ

The Play and Leisure Opportunity Library
Report of the Trustees

Chair’s report

Over the past year, The Play and Leisure Opportunity Library has had the privilege of providing services to our community that support the well-being and personal development of children, young people and adults with a range of disabilities by delivering highly specialised play-based therapy. 2025 has been a particularly busy and rewarding year, our group sessions continue to flourish, hundreds of loans have been provided, and we have maintained a strong and growing presence in our community. Our memberships with local schools are growing in numbers, and our connections with other services continue to develop and strengthen. PLOL continues to offer:
·	access to a wide range of high-quality toys and equipment though our Lending Library to encourage engaging and interactive experiences.
·	sensory themed and tailored play sessions to children and young people via our Stay & Play, Early Years and After School sessions
·	specialised support for families with our Home Visits programme and recently, PLOL offered sessions to support Home Education
·	themed sessions for adults with additional support needs that included individualised therapeutic play sessions
·	outreach support services for families, professionals and schools.

The main theme of the past 12 months has been one of remarkable continued development, growth and community engagement. PLOL has continued to grow in terms of the number of individuals and families accessing our range of play services (as detailed within the Project Lead’s Report), but also in terms of the breadth and depth of what we are offering our community. During 2025, PLOL delivered 204 therapeutic sessions across Stay and Plays, weekly groups, holiday clubs and adult sessions, provided 614 loans comprising 939 individual pieces of specialist equipment and toys, and welcomed 215 individuals, families, professionals and schools as members. A particularly significant milestone has been the expansion of our Home Education group, enabling us to add a second weekly session and provide spaces for several more families, reflecting our commitment to responding to community need wherever it arises.

In terms of engagement, over the past year, we have continued to partner with local services including Swansea Carers Centre and Interplay, and our community outreach has reached record levels, with Gemma Ahern-Fidler attending 19 information events and coffee mornings throughout 2025, ensuring our presence in the community remains strong and far-reaching. Swansea Council continues to support our Stay and Play sessions, which provide invaluable sensory play opportunities for our members in a tailored environment. These sessions have even inspired one parent to establish her own local support group, a wonderful testament to the empowering impact of PLOL. Thanks to our main funders – the National Lottery Community Fund, Henry Smith Foundation and Swansea County Council – for their continued support and encouragement. The flexibility provided by these grants allows us to respond directly to where our support is needed most. As reported in our Financial Report, PLOL is in a positive financial position with a modest projected surplus and we continue to build our financial reserves. As we move forward into the next 12 months, we are restating our commitment to securing additional funding opportunities, with a particular focus on growing our Home Education community provision and Young Adult sessions, to further invest in our current activities and to generate new opportunities within our Adults and Families services.

The Board of Trustees express our deepest gratitude, appreciation and thanks to our entire PLOL Staff team, who really are at the heart of PLOL. PLOL would not have been able to achieve what we have if it was not for our fantastic PLOL staff team and volunteers, who have been dedicated, passionate, committed and displayed outstanding professionalism to ensure our community have been supported in meaningful ways that has not only improved the quality of life for our members but has also enriched our community. Their level of enthusiasm and unrelenting energy to deliver for our members has been inspirational to us all.


A special word of thanks to Emma Reay, Gemma Ahern-Fidler and Kelly O’Connor who, within their respective roles, have continued to ensure PLOL has delivered a highly valued and specialised service over the past 12 months. Emma Reay has provided dedicated leadership as Service Manager and has worked tirelessly with the Trustees to assist PLOL navigate the challenging times over the past 12 months by going beyond the call of duty. Kelly O’Connor deserves thanks for her tireless work in securing the essential funding that makes everything we do possible, and grateful thanks to Gemma Ahern-Fidler for her outstanding community presence and outreach work throughout the year.

As a Trustee Board, we are committed to enhancing the skills, expertise and knowledge of our staff team and we renew our commitment to support our staff continued professional development and to invest in them as valued colleagues. As we look forward towards the next 12 months, it will be an aim for the Board to embed organisational structures that are focused on the continued support for our staff in terms of their professional development in a way that recognises and acknowledge their specialist expertise and experience.

On a personal note, I want to use this opportunity to express my deep gratitude and appreciation to all the Directors but particularly Deborah, Alun and Helen. You have been amazing, fantastic, committed, dedicated and devoted to ensuring that PLOL continues to deliver and grow. Finally, we wish to thank you our members, our community, who have kindly allowed us to become a little part of your journey. Without you, and our wonderful staff team, there would not be PLOL. Thank you.

As we look towards the future, we can do so with pride for what we have achieved, with determination to continue to do what we do best and with excitement for what we can achieve together over the next 12 months. The year to come is looking to be even busier, with a great many new opportunities to look forward to. The goals and objectives of The Play and Leisure Opportunity Library for the coming year are clear: to continue the growth and development of the charity in line with the needs of our members, listening to their feedback and using this to shape the future direction of PLOL; to respond to the needs of our community by obtaining grant funding to secure the future of the charity and allow for expansion, with a particular focus on growing our Home Education community provision and Young Adult sessions; and to continue with our strong event attendance and community outreach to ensure that we are reaching everyone who could benefit from our services, working collaboratively with other service providers to support our community.

As with all AGMs, we do focus on what we have achieved over the past year, but we should also positively commit ourselves to not only building upon our success but to also acknowledge the challenges we may face in the coming year. At PLOL, due to the passion, expertise and commitment of us all, I have no doubt that we are in a strong position to meet those challenges and to achieve even greater successes in the year to come. Let’s continue to grow our safe haven, and keep providing the support, acceptance and, of course, the joy to our community!

Dr Gareth Noble
Chair


The trustees, who are also the directors of the charitable company for the purposes of the Companies Act 2006, present their annual report together with the financial statements of the charitable company for the year ended 30 November 2025, which are also prepared to meet the requirement for a directors' report and financial statements for Companies Act purposes.

The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 102) (effective 1 January 2019).

Our purposes and activities

The purposes of the charity are:

·	to assist the development and emotional health and well-being of children, young people and adults with a disability and their families and carers through the provision of appropriate play/leisure activities;
·	to lend the best available toys and equipment; and
·	to provide an opportunity for professional involvement as appropriate.


We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps to ensure our aim, objectives and activities remained focussed on our stated purposes. The trustees are aware of their responsibilities with regard to public benefit and are conversant with the Charity Commission’s guidance in this area.

Achievements and Performance

Introduction
This last year has been a busy one – our group sessions are continuing to flourish, hundreds of loans are being provided, and we continue to have a strong presence in the community to ensure that our services are reaching all those who need us. Our memberships with local schools are growing in numbers, and our connections with other services continue to develop and strengthen, ensuring that we are able to work collaboratively to support our families and community.

Achievements this year
As we remain focused on the needs of our community, it became increasingly apparent that expansion of our services was necessary to ensure that we were able to cater for all who needed us – this resulted in the expansion of our Home Education group, enabling us to add in a second session each week and provide spaces for several more families to access our support. This was made possible by the grants we receive from Henry Smith and the National Lottery Community Fund which give us the flexibility and opportunity to be able to target our groups to where they are needed most. Over the course of the last year, our members have enjoyed cookery, arts and crafts, board games, and building a 3000-piece Lego treehouse – a very big achievement!

Swansea Council continue to support us in providing our Stay and Play sessions, and for this we are grateful. These sessions provide valuable sensory play opportunities for our members in an environment tailored for their needs, as well as helping parents to build their own support networks and friendships. These groups have even inspired one parent to set up her own support group for families within the local community, drawing on knowledge gained from attending our sessions; it’s wonderful to know that we are helping to empower individuals to take on new challenges and further develop the supportive community within Swansea.

Our reach within Swansea and the surrounding areas continues to grow as we have attended a record-number of events in 2025. Gemma Ahern-Fidler has attended 19 information events and coffee mornings over the last year, ensuring that our community presence remains strong and that we can continue spreading information about the service far and wide.

A look at the numbers and feedback:
During 2025, we were able to:
·	Deliver 204 therapeutic sessions, across Stay and Plays, weekly groups, holiday clubs, and adult sessions
·	Provide 614 loans, comprising of 939 individual pieces of specialist equipment and toys
·	Carry out 204 deliveries, ensuring that everyone who needs our support is able to receive it
·	Provide support to 396 individuals, who are beneficiaries of our services.

We also continued our monitoring to ensure that service user feedback remains firmly at the centre of what we do, and that we can continue to adapt and develop our service to meet the needs of our members. Feedback received over the last year has shown that 100% of individuals felt that their confidence had significantly increased and that they play more following attendance at our sessions, as well as 80% stating that play has helped them as a family.

I wanted to share this piece of feedback from a family as I think it truly highlights just how important these sessions can be:
“It’s fantastic to have a place where your child is always accepted, your parenting is never judged, and you never have to miss a session due to your child having a difficult day. Many people without ALN kids, myself included in my ‘former life’, have no idea how isolating it can feel, especially in school holidays when you have to avoid places that other kids can access, like parks and playcentres, due to crowds overwhelming your child. To have PLOL sessions to break up the holidays, knowing they are a safe haven for both you and your child is invaluable, and the staff are always, always friendly and supportive”
It is fantastic that we are able to provide this for families, and I am so proud that we are able to be that “safe haven” that people can turn to knowing that they will always be supported and understood.

Goals for the next year
To continue the growth and development of the charity in line with the needs of our members, listening to their feedback and using this to shape the future direction of PLOL. To respond to the needs of our community by obtaining grant funding to secure the future of the charity and allow for expansion, with a particular focus on growing the provisions to our Home Education community and Young Adult sessions. To continue with event attendance to ensure that we are reaching everyone who could benefit from our services, and working collaboratively with other service providers to support our community.

Finally, some words of thanks
I would first like to extend thanks to the amazing team behind PLOL who throw themselves whole-heartedly into every task and session, providing support, understanding, and, of course, the fun and play which are so important to all our members! Your hard work, dedication, and motivation are appreciated by myself, the trustees and our community.

A thank you, also, to Kelly O’Connor who works hard behind the scenes obtaining the essential funding needed to enable us to keep playing – the fun wouldn’t be possible without you!

Of course, our board of trustees form an essential part of the PLOL team, voluntarily giving their time to support us – your dedication to the charity is greatly appreciated, and a sincere thank you to all of you for helping to make all this possible.

It’s been a busy year and a great one with so many successes to celebrate. The year to come is looking to be even busier with a lot of new opportunities to look forward to – let’s continue to grow our ‘safe haven’, and keep providing the support, acceptance and, of course, the fun!

Financial Review

The charity’s statement of financial activities is shown on page 10 and comprises restricted and unrestricted funds, being those provided to assist in furthering the general objects of the charity.

During the year the charity’s income was £136,017 with expenditure of £126,316 resulting in a surplus for the year of £9,701.

At the year end the unrestricted funds amounted to £60,744 which represented free reserves. The restricted funds amounted to £17,910 and were represented by net current assets.

Investment policy The trustees have the power to expend the funds of the charity in such a manner as they consider being beneficial for the achievement of the charity’s objects. They are also empowered to invest such part of the funds as they see fit in the furtherance of the objects of the charity.

Reserves policy
The trustees have established a policy which aims to build up the unrestricted funds not committed or invested in tangible fixed assets ("the free reserves"). The target free reserves will be established at a level the trustees feel would enable the charity to continue the current activities in the case of a significant drop in income. It would obviously be necessary to consider how the income would be replaced or activities changed. The present free reserves of £60,744 fall short of the target range and the trustees are actively pursuing measures to improve the situation.

Structure, governance and management

Governing document

The Play and Leisure Opportunity Library is a company limited by guarantee and was incorporated on 21 August 2012. The Play and Leisure Opportunity Library registered as a charity on 29 May 2013. The Play and Leisure Opportunity Library was established under a Memorandum of Association, which established its objects and powers, and is governed under its Articles of Association.. These were revised and adopted on 6 April 2021. In the event of the company being wound up the members are required to contribute an amount not exceeding £10. On 1 December 2013 the charitable company took over the undertaking formerly carried on by The Play and Leisure Opportunity (Charity registration number 1131710), an unincorporated charity with the same aims and objectives as the charitable company.


Organisation

The Play and Leisure Opportunity Library is managed by a board of trustees comprising a minimum of 5 trustees and a maximum of 14 trustees. Trustees are appointed the members at an annual general meeting. Only members of the company are eligible to hold office as a member of the board of trustees. The appointment and retiring of trustees, the conduct of business, the proceedings of meetings, the management of risk and the general management of the company all took place during the year in accordance with the provisions of the governing documents.

Recruitment and Appointment of Trustees

The trustees are also directors of The Play and Leisure Opportunity Library for the purposes of company law. The rules regarding the number of trustees and their appointment, reappointment and removal are contained in the Articles of Association to which reference should be made. Trustees are appointed the members at an annual general meeting.

Related parties and co-operation with other organisations

None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a related party must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. Details of related party transactions in the current year are set out in the notes to the accounts.

Risk management

The board of trustees actively review the major risks which the charity faces on a regular basis. The board of trustees have also examined other operational and business risks which we face and confirm that they have established systems to mitigate the significant risks once the charity commences its activities.

Small Companies Provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Trustees Responsibilities in Relation to the Financial Statements
The charity trustees (who are also directors of The Play and Opportunity Library for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to:

•	select suitable accounting policies and apply them consistently;
•	observe the methods and principles in the Charities SORP (FRS102);
•	make judgements and estimates that are reasonable and prudent;
•	state whether applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the financial statements;
•	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the board of trustees on 14 April 2026.

Signed on behalf of the board by:




	Deborah Anne Lawrence
	Trustee/director

The Play and Leisure Opportunity Library
Independent Examiner's Report to the trustees of The Play and Leisure Opportunity Library

I report to the trustees on my examination of the accounts of The Play and Opportunity Library ('the charity') for the year ended 30 November 2025 which are set out on pages 10 to 19.

Responsibilities and basis of report
As the charity’s trustees of the company (who are also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the company are not required 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 company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's 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 that:
•	accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
•	the accounts do not accord with such records; or
•	the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 Charities SORP (FRS102).

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 to be reached.

Ian Bowen LLB FCA		I D Bowen & Co
Independent examiner		Chartered Accountants
		19 Alexandra Road
		Gorseinon
		Swansea
		SA4 4NW
16 April 2026

The Play and Leisure Opportunity Library
Statement of Financial Activities (Including income and expenditure account)
for the year ended 30 November 2025

				2025			2024
Notes		Unrestricted funds	Restricted funds	Total	Unrestricted funds	Restricted funds	Total
£			£	£	£	£	£

INCOME

Donations and legacies	5	148	96,281	96,429	205	95,887	96,092

Income from charitable activities:	6	6,000	29,603	35,603	6,000	26,340	32,340

Other income	7	2,541	-	2,541	2,211	-	2,211

Interest receiveable		1,444	-	1,444	295	-	295

TOTAL INCOMING RESOURCES		10,133	125,884	136,017	8,711	122,227	130,938

EXPENDITURE

Expenditure on charitable activities:	8	62	126,254	126,316	209	126,459	126,668

TOTAL EXPENDITURE		62	126,254	126,316	209	126,459	126,668

NET INCOME FOR THE YEAR		10,071	(370)	9,701	8,502	(4,232)	4,270

Transfer between funds		-	-	-	636	(636)	-

NET MOVEMENT IN FOR THE YEAR		10,071	(370)	9,701	9,138	(4,868)	4,270

RECONCILIATION OF FUNDS

Total funds brought forward		50,673	18,280	68,953	41,535	23,148	64,683

TOTAL FUNDS CARRIED FORWARD		60,744	17,910	78,654	50,673	18,280	68,953

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

The notes on pages 12 to 19 form part of these financial statements.

The Play and Leisure Opportunity Library
Registered Number:		08186829
Balance Sheet
as at 30 November 2025

	Notes		2025			2024
£				£
Current assets
Debtors	12	14,757			12,254
Cash at bank and in hand		82,771			75,361

		97,528			87,615

Creditors: amounts falling due within one year	13	(18,874)			(18,662)

Net current assets			78,654			68,953

Net assets			78,654			68,953

Charity funds
Unrestricted income funds	14		60,744			50,673
Restricted income funds			17,910			18,280

Shareholders' funds			78,654			68,953

The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 102) (effective 1 January 2019).

The trustees are satisfied that the company is entitled to exemption from the requirements to obtain an audit under Section 477 of the Companies Act 2006.

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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

Signed:


Deborah Anne Lawrence
Trustee/director
Approved by the board of trustees on 14 April 2026

The notes on pages 12 to 19 form part of these financial statements.

The Play and Leisure Opportunity Library
Notes to the Financial Statements
for the year ended 30 November 2025

1	General information

	The Play and Leisure Opportunity Library is a public benefit entity and a private company limited by guarantee, registered in England and Wales. The company is a registered charity in England and Wales. The address of the registered office is Forge Fach Community Resource Centre, Clydach, Swansea, SA6 5EJ.

2	Statement of compliance

	The financial statements have been prepared in compliance with 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 (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

3	Accounting policies

	Basis of preparation
	The financial statements have been prepared in accordance with the Charities SORP (FRS102) - 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 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

	The Play and Opportunity L:ibrary meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

	Going concern
	There are no material uncertainties about the charity's ability to continue.

	Judgements and key sources of estimation
	The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

	Income recognition
	All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
	• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
	• legacy income is recognised when receipt is probable and entitlement is established.
	• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value.
	• donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
	• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

	Interest receivable
	Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the bank.

	Fund accounting
	Funds held by the charity are either:
	Unrestricted general funds: Designated funds: Restricted funds:	these are funds which are available to spend on activities that further any of the purposes of the charity. these are unrestricted funds which the trustees have decided at their discretion to set aside to use for a specific purpose. these are funds which the donor has specified are to be solely used for particular areas of the charity's work or for specific artistic projects being undertaken by the charity.

	Expenditure and irrecoverable VAT
	Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Expenditure on charitable activities includes the costs of performances, workshops and other educational activities undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

	Expenditure and irrecoverable VAT
	Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
	• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
	• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
	• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
	All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

	Tangible fixed assets
	Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
	An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment		20% straight line

	Debtors
	Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Debtors are usually measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

	Cash at bank and in hand
	Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

	Creditors and provisions
	Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

	Operating Leases
	Rentals payable under operating leases are charged to the statement of financial activities on a straight line basis over the term of the lease.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

4	Legal status of the charity

	The company is limited by guarantee and does not have a share capital. The liability of the members in the event of the company being liquidated is limited to an amount not exceeding £10 per member.

5	Income from donations and legacies
							2025	2024
£								£
	Unrestricted income
	Gifts and donations						148	205
	Total unrestricted income from donations and legacies						148	205

	Restricted income
	The National Lottery Community Fund						56,081	53,187
	The Henry Smith Charity						40,200	42,700
	Total restricted income from donations and legacies						96,281	95,887

	Total income from donations and legacies						96,429	96,092

6	Income from charitable activities
							2025	2024
£								£
	Unrestricted income
	Access 2 Mainstream						6,000	6,000
	Total unrestricted income from charitable activities						6,000	6,000

	Restricted income
	SCC Family Play						29,603	26,340
	Total restricted income from charitable activities						29,603	26,340

	Total income from charitable activities						35,603	32,340

7	Income from other sources
							2025	2024
£								£
	Unrestricted income
	Membership						2,190	2,169
	Other income						351	42
	Total unrestricted income from other sources						2,541	2,211

	Total income from other sources						2,541	2,211

8	Analysis of expenditure on charitable activities
Unrestricted				Restricted	Total	Unrestricted	Restricted	Total
			2025	2025	2025	2024	2024	2024
£				£	£	£	£	£
	Costs directly allocated to activities
	Staff costs (Note 10)	-		101,910	101,910	-	99,860	99,860
	Toys & equipment - General special needs	-		345	345	-	116	116
	Travel & subsistence	-		1,797	1,797	-	2,097	2,097
	Rent/facilities hire	-		14,400	14,400	-	14,400	14,400
	Rates	-		215	215	-	2,651	2,651
	Insurance	-		1,521	1,521	-	1,485	1,485
	Telephone	-		431	431	-	339	339
	Printing and stationery	-		171	171	-	162	162
	Repairs and maintenance	-		211	211	-	-	-
	Computer running costs	-		330	330	-	437	437
	Professional fees	-		1,164	1,164	-	1,104	1,104
	Miscellaneous	-		336	336		377	377
	Companies House	62		32	94	89	-	89
	Volunteer travel and expenses	-		48	48	-	334	334
	Session expenses	-		1,299	1,299	-	1,786	1,786
	Training	-		934	934	-	321	321
	Total costs directly allocated to activities	62		125,144	125,206	89	125,469	125,558

	Governance costs
	Independent examiner’s fee		-	1,110	1,110	120	990	1,110
	Total governance costs		-	1,110	1,110	120	990	1,110

	Total expenses	62		126,254	126,316	209	126,459	126,668

9	Taxation

	The charitable company’s activities are potentially exempt from taxation under Part 11 of the Corporation Tax Act 2010. No tax charge has arisen in the year.

10	Analysis of staff costs and trustee remuneration and expenses
							2025	2024
£								£
	Wages and salaries						100,305	98,389
	Social security costs						119	-
	Pension						1,486	1,471
							101,910	99,860

	No employees had emoluments in excess of £60,000 (2024 - £ Nil) Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly charged to unrestricted funds. The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024 - £Nil) neither were they reimbursed expenses during the year (2024 - £Nil). No trustee received payment for professional or other services supplied to the charity.



	Staff numbers

	The average number of employees (including casual and part time staff) during the year was:-

							2025	2024
Number								Number

	Project workers						14	16
							14	16

11	Tangible fixed assets
							Plant and machinery etc	Total
£								£
	Cost
	At 1 December 2024						17,145	17,145
	At 30 November 2025						17,145	17,145

	Depreciation
	At 1 December 2024						17,145	17,145
	At 30 November 2025						17,145	17,145

	Net book value
	At 30 November 2025						-	-
	At 30 November 2024						-	-

12	Debtors
							2025	2024
£								£

	Other debtors						14,327	11,959
	Prepayments and accrued income						430	295
							14,757	12,254

13	Creditors: Amounts falling due within one year
							2025	2024
£								£

	Taxation and social security costs						1,966	1,543
	Other creditors						16,908	17,119
							18,874	18,662

14	Analysis of movement in funds

	Movement in funds - current year
				Brought forward	Income	Expenditure	Transfers	Carried forward
£					£	£	£	£
	Restricted funds
	The National Lottery Community Fund			5,230	56,081	(61,310)	-	1
	SCC Family Play			-	29,603	(29,603)	-	-
	The Henry Smith Charity			13,050	40,200	(35,341)	-	17,909
	Total restricted funds			18,280	125,884	(126,254)	-	17,910

	Unrestricted fund			50,673	10,133	(62)	-	60,744
	Total funds			68,953	136,017	(126,316)	-	78,654

	Movement in funds - prior year
				Brought forward	Income	Expenditure	Transfers	Carried forward
£					£	£	£	£
	Restricted funds
	The National Lottery Community Fund			9,329	53,187	(57,286)	-	5,230
	SCC Family Play			-	26,340	(25,704)	(636)	-
	The Henry Smith Charity			13,819	42,700	(43,469)	-	13,050
	Total restricted funds			23,148	122,227	(126,459)	(636)	18,280

	Unrestricted fund			41,535	8,711	(209)	636	50,673
	Total funds			64,683	130,938	(126,668)	-	68,953

15	Analysis of net assets between funds

	Analysis of net assets between funds - current year
						Unrestricted funds	Restricted funds	Total
£							£	£
	Tangible fixed assets					-	-	-
	Debtors					430	14,327	14,757
	Cash at bank and in hand					60,314	22,457	82,771
	Creditors due within one year					-	(18,874)	(18,874)
						60,744	17,910	78,654

15	Analysis of net assets between funds (continued)

	Analysis of net assets between funds - prior year
						Unrestricted funds	Restricted funds	Total
£							£	£
	Tangible fixed assets					-	-	-
	Debtors					295	11,959	12,254
	Cash at bank and in hand					50,498	24,863	75,361
	Creditors due within one year					(120)	(18,542)	(18,662)
						50,673	18,280	68,953

16	Operating lease commitments

	The future minimum operating lease commitments are as follows:						2025	2024
				£				£

	Property
	Within one year						14,400	14,400
	Between one and five years						37,200	51,600
							51,600	66,000

17	Related party transactions

	There were no related party transactions.

18	Other information

	The Play and Leisure Opportunity Library is a charitable company limited by guarantee and incorporated in England and Wales. Its registered office is:
	Forge Fach Community Resource Centre
	Clydach
	Swansea
	SA6 5EJ