Company registration number: NI622952 Charity registration number: NICC101022
Rasharkin Community Playgroup
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 August 2025
Rasharkin Community Playgroup
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Independent examiner | 1 |
| Trustees' Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 14 |
Rasharkin Community Playgroup
Reference and Administrative Details
Trustees Sharleen Calderwood Amy McMullan Christina McKinney Lucy Fleming Natasha Murray Lauren Cochrane Senior Management / Leadership Clare McNicholl Team Charity Registration Number 101022 Company Registration Number NI622952 The charity is incorporated in Northern Ireland. Registered Office Bamford Park Rasharkin Ballymena Co Antrim BT44 8RS Independent Examiner D T Carson & Co 51-53 Thomas Street Ballymena Co. Antrim BT43 6AZ
Page 1
Rasharkin Community Playgroup
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 August 2025.
Objectives and activities
Objects and aims
The company is a registered charity which seeks to promote the development and education among pre-school children, including the provision of play facilities, in the locality.
Public benefit
The trustees confirm that they have complied with the requirements of the Charities Act (Northern Ireland) 2008 to have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland.
Achievements and performance
The main achievement of Rasharkin Community Playgroup has been the ability to continue to raise the necessary funds to promote education among young people in the area.
Financial review
The financial results for the year are set out in the financial statements accompanying this report.
Policy on reserves
The charity aims to maintain sufficient funds, in a readily realisable form, that would allow them to continue in a period of unforseen difficulty and includes an amount for redundancy payments should they have to close.
Principal funding sources
The principal funding is received from The Education Authority.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Sharleen Calderwood Amy McMullan (appointed 27 February 2026) Christina McKinney (appointed 27 February 2026) Lucy Fleming (appointed 27 February 2026) Natasha Murray (appointed 27 February 2026) Lauren Cochrane (appointed 27 February 2026) Michaela McMullan (resigned 27 February 2026) Aaron Corr (resigned 27 February 2026) Ruth Armstrong (resigned 25 March 2025) Rosie Wilson (resigned 25 March 2025)
Senior Management / Leadership Team:
Clare McNicholl
Page 2
Rasharkin Community Playgroup
Trustees' Report
Structure, governance and management
Nature of governing document
Rasharkin Community Playgroup is a company limited by guarantee and is also a recognised charity. For the purposes of Charity Law, the directors are trustees of the Charity.
Statement of trustees' responsibilities
The trustees (who are also the directors of Rasharkin Community Playgroup for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 17 April 2026 and signed on its behalf by:
......................................... Sharleen Calderwood Trustee
Page 3
Rasharkin Community Playgroup
Independent Examiner's Report to the trustees of Rasharkin Community Playgroup ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity’s trustees of Rasharkin Community Playgroup (and 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 Rasharkin Community Playgroup 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 charity’s accounts as carried out under section 65 of the Charities Act (Northern Ireland) 2008. In carrying out my examination I have followed the Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities 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:
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accounting records were not kept in respect of Rasharkin Community Playgroup as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
...................................... James Wallace The Institute of Chartered Accountants in Ireland
51-53 Thomas Street Ballymena Co. Antrim BT43 6AZ
17 April 2026
Page 4
Rasharkin Community Playgroup
Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Charitable activities 3 Total income Expenditure on: Charitable activities 4 Total expenditure Net expenditure Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 Note Income and Endowments from: Charitable activities 3 Total income Expenditure on: Charitable activities 4 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted funds £ 61,290 61,290 (66,477) (66,477) (5,187) 109 (5,078) (10,117) (15,195) Unrestricted funds £ 49,394 49,394 (60,854) (60,854) (11,460) (11,460) 1,344 (10,116) |
Restricted funds £ - - - - - (109) (109) 109 - Restricted funds £ - - - - - - 109 109 |
Other funds £ - - - - - - - 46,415 46,415 Other funds £ - - - - - - 46,415 46,415 |
Total 2025 £ 61,290 |
|---|---|---|---|---|
| 61,290 | ||||
| (66,477) | ||||
| (66,477) | ||||
| (5,187) - |
||||
| (5,187) 36,407 |
||||
| 31,220 | ||||
| Total 2024 £ 49,394 |
||||
| 49,394 | ||||
| (60,854) | ||||
| (60,854) | ||||
| (11,460) | ||||
| (11,460) 47,868 |
||||
| 36,408 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 14.
The notes on pages 7 to 14 form an integral part of these financial statements. Page 5
Rasharkin Community Playgroup
(Registration number: NI622952) Balance Sheet as at 31 August 2025
| Note Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand 10 Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds 14 Unrestricted income funds Unrestricted funds Other reserves Total unrestricted funds Total funds 14 |
2025 £ 16,444 885 15,177 16,062 (1,286) 14,776 31,220 - (15,195) 46,415 31,220 31,220 |
2024 £ 18,063 331 19,292 |
|---|---|---|
| 19,623 (1,279) |
||
| 18,344 | ||
| 36,407 | ||
| 109 (10,117) 46,415 |
||
| 36,298 | ||
| 36,407 |
For the financial year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 5 to 14 were approved by the trustees, and authorised for issue on 17 April 2026 and signed on their behalf by:
......................................... ......................................... Sharleen Calderwood Amy McMullan Trustee Trustee
The notes on pages 7 to 14 form an integral part of these financial statements. Page 6
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
1 Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Bamford Park Rasharkin Ballymena Co Antrim BT44 8RS
These financial statements were authorised for issue by the trustees on 17 April 2026.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act (Northern Ireland) 2008.
Basis of preparation
Rasharkin Community Playgroup 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 notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receiveable can be measured reliably.
Grants receivable
Grants are recognised when the charity has the entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 7
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receiveable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are deducted from the cost of the asset where identifiable otherwise the grant is shown as income in the year recieved.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Plant & machinery | 20% reducing balance |
| Fixtures & fittings | 20% reducing balance |
| Property | 4% straight line |
Trade debtors
Trade debtors are amounts due for services performed in the ordinary course of business
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised at the transaction price.
Page 8
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 9
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
3 Income from charitable activities
| PEAG funding BSO milk grant EA - aspire peace plan EA - GRTL EA - outdoor learning EA - subcover HSC Registration fees Fundraising Fees Other income PEAG funding BSO milk grant EA - GRTL EA - NCSF The Community Foundation Registration fees Fundraising Fees Other income |
Unrestricted funds General £ 41,310 206 2,016 500 2,000 280 1,500 740 6,237 4,320 2,181 61,290 Unrestricted funds General £ 36,550 164 300 1,500 1,116 400 3,275 1,824 4,264 49,393 |
Total 2025 £ 41,310 206 2,016 500 2,000 280 1,500 740 6,237 4,320 2,181 |
|---|---|---|
| 61,290 | ||
| Total 2024 £ 36,550 164 300 1,500 1,116 400 3,275 1,824 4,264 |
||
| 49,393 |
Page 10
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
4 Expenditure on charitable activities
| Salaries, travelling & training costs Early years specialist Staff training Rent & water rates Light,heat & power Insurance Repairs & cleaning Work materials Telephone Office expenses Food Graduation expenses Sundry expenses Outings & activites Legal & professional Bank charges Depreciation |
Charitable activity costs £ 44,163 1,650 - 347 3,145 1,418 1,653 4,790 1,311 485 1,298 11 2,197 533 1,770 86 1,620 66,477 |
Total 2025 £ 44,163 1,650 - 347 3,145 1,418 1,653 4,790 1,311 485 1,298 11 2,197 533 1,770 86 1,620 66,477 |
Total 2024 £ 45,877 1,775 60 316 1,092 1,239 613 1,876 713 429 964 10 998 1,361 1,668 87 1,776 |
|---|---|---|---|
| 60,854 |
5 Net incoming/outgoing resources
Net outgoing resources for the year include:
| Depreciation of fixed assets 6 Staff costs The aggregate payroll costs were as follows: Staff costs during the year were: Wages and salaries Pension costs |
2025 £ 1,620 2025 £ 43,659 504 44,163 |
2024 £ 1,776 |
|---|---|---|
| 2024 £ 45,329 548 |
||
| 45,877 |
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Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
No employee received emoluments of more than £60,000 during the year.
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
| Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for the year At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024 |
Land and buildings £ 135,027 - 135,027 120,094 994 121,088 13,939 14,933 |
Furniture and equipment £ 12,096 3,058 15,154 12,024 625 12,649 2,505 72 |
Total £ 147,123 3,058 |
|---|---|---|---|
| 150,181 | |||
| 132,118 1,619 |
|||
| 133,737 | |||
| 16,444 | |||
| 15,005 |
Included within the net book value of land and buildings above is £13,939 (2024 - £14,934) in respect of freehold land and buildings and £Nil (2024 - £Nil) in respect of leaseholds.
Grants recieved for the purchase of fixtures & equipment are netted off in the year against the expenditure.
9 Debtors
| Prepayments 10 Cash and cash equivalents Cash on hand Cash at bank |
2025 £ 485 2025 £ 4 15,173 15,177 |
2024 £ 313 |
|---|---|---|
| 2024 £ 3 19,289 |
||
| 19,292 |
Page 12
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
11 Creditors: amounts falling due within one year
| Trade creditors Other taxation and social security Other creditors Accruals |
2025 £ 2,033 (2,148) 79 1,322 1,286 |
2024 £ 104 (218) 80 1,313 |
|---|---|---|
| 1,279 |
Creditors: amounts falling due within one year include grants unexpended at the year end amounting to £2,000 (2024: £77).
12 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £504 (2024 - £548).
| 13 Reserves At 1 September 2024 At 31 August 2025 |
Other reserves £ 46,415 46,415 |
Total £ 46,415 |
|---|---|---|
| 46,415 |
14 Funds
| Unrestricted funds General Unrestricted funds Restricted funds The National Lottery Community Fund EA - ICT Grant Total restricted funds Total funds |
Balance at 1 September 2024 £ (10,117) 100 9 109 (10,008) |
Incoming resources £ 61,290 - - - 61,290 |
Resources expended £ (66,477) - - - (66,477) |
Transfers £ 109 (100) (9) (109) - |
Balance at 31 August 2025 £ (15,195) - - |
|---|---|---|---|---|---|
| - | |||||
| (15,195) |
Page 13
Rasharkin Community Playgroup
Notes to the Financial Statements for the Year Ended 31 August 2025
| Unrestricted funds General Unrestricted funds Restricted The National Lottery Community Fund EA - ICT Grant Total restricted funds Total funds |
Balance at 1 September 2023 £ 1,344 100 9 109 1,453 |
Incoming resources £ 49,394 - - - 49,394 |
Resources expended £ (60,855) - - - (60,855) |
Balance at 31 August 2024 £ (10,117) 100 9 |
|---|---|---|---|---|
| 109 | ||||
| (10,008) |
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